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Kathy Rukat Smith, REALTORⓇ

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Garden City Beach Real Estate Market Report for April 2022

Last Updated on May 23, 2022 by Kathy Rukat Smith

In the Garden City Beach Real Estate Market Report for April 2022 provided by Kathy Rukat Smith of Palmetto Coastal Homes, learn about the market trends. Garden City Beach, like the rest of the Grand Strand, continues to be in a sellers’ market. The average price of homes and condos has risen while the inventory of homes and condos has decreased. I believe we will continue to see this trend through 2022. The graphs below show single-family home and condo/townhouse information for the month of April for Garden City Beach. Information is provided by the Coastal Carolinas Association of REALTORSⓇ.

The Garden City Beach Real Estate Market Report covers single family homes and condo/townhouses in the Garden City Beach sections of Horry County and Georgetown county. The Garden City Beach Real Estate Market Report does not include manufactured homes, multi-family properties, land or commercial properties.

Garden City Beach Single Family Home Market

One number that is used to determine if an area is in a sellers’ market or buyers’ market is the month’s supply of properties for sale. For April 2022, the single family market in Garden City Beach had only a 1.5 month’s supply on homes for sale! Another important number for both buyers and sellers is the percent of list price compared to sold price. Garden City Beach single family homes, on average, were sold at 97.1% of the list price.

Quick Facts:

  • 5 New Listings – down 54.5%
  • 10 Sold Listings – down 41.2%
  • 11 Active Listings – down 21.4%
  • 111 Average Days of Market – down 64%
  • $1,391,350 is the Average Sales Price – up 32.8%
  • $369 is the Average Dollars Per Square Foot – up 30.9%

Single Family Home Listings For Sale:

Salters Cove is an amazing community/resort east of business 17! Just a short drive/bike/golf cart away from the beach in Garden City!  Fully furnished beach home east of business 17!  Golf cart and surfboads convey! Home has been used as a beach vacation get away for family and friends.  Never rented! Many upgrades, such as: beautiful kitchen granite counter tops! $369,900 Active

837 Keel Ct. Garden City Beach, South Carolina

3 Beds 2 Baths 1,255 SqFt 0.090 Acres

Listed by: Linda Gross Properties

Welcome to 833 Starboard Ct in Garden City.  A charming 3 bedroom, 2 bath raised home in the Salter's Cove community perfectly situated within a leisurely golf cart ride to the pristine Atlantic beaches. Meticulously maintained by ONE OWNER and family since 1991 and used as a second home. Open living, dining area, and kitchen. The side deck is perfect for an additional dining table and outdoor enhancements for an outdoor living space. Sold Fully Furnished!  Underneath the home, the storage room is plenty big enough for a golf cart plus an extra storage room area. Close proximity to the Murrells Inlet Marshwalk, Surfside Pier, Garden City Pier, Myrtle Beach airport, your choice of golf course, shopping, restaurants, and all the Grand Strand has to offer.  Salters Cove is an established community East of Highway 17 that has a low HOA that includes a pool, clubhouse, pickleball and tennis courts, playground, and a fishing area. If you have been watching the market to snag your beach bungalow with easy access to the sun, surf, and sand - schedule your showing today! $375,000 Active

833 Starboard Ct. Garden City Beach, South Carolina

3 Beds 2 Baths 1,152 SqFt 0.090 Acres

Listed by: Dunes Realty Sales

Welcome to your dream beach house! The perfect home to make your primary residence, vacation home, or investment property, This raised beach house with views of both the ocean and marsh seems just too good to be true. This property comes to you FULLY FURNISHED! Just bring your bathing suit & you'll feel right at home while relaxing in the private in-ground pool, or while listening to the ocean from one of your THREE balconies. Your new beach house features 5 bedrooms, 5 1/2 bathrooms, an elevator, tons of space for entertaining, an outdoor bar, and so so much more! You'll have to see this one before it's gone. Call today for more information or to schedule a showing. $1,190,000 Active

124 Rainbow Dr. Murrells Inlet, South Carolina

5 Beds 6 Baths 3,700 SqFt 0.140 Acres

Listed by: RE/MAX Southern Shores GC

Oceanfront paradise awaits you at this 7 bedroom, 4 bathroom home in the prominent community of Inlet Harbour. Offering expansive views of the Atlantic Ocean, this substantial open floor plan is perfect to entertain large gatherings or relax on the covered porch while soaking in the sunshine and panoramic crystal blue sea views. Imagine walking barefoot through your private entrance to the sand, then washing your toes off in the outdoor shower to take a dip and unwind in your private pool. With a community gate serviced by private guards and sold fully furnished along with many updates (new roof, LVP flooring, windows, appliances, and HVAC), this turnkey home can be yours. Just minutes from the Garden City Pier, restaurants, entertainment, Murrells Inlet jetties, and with short term rentals allowed, this home presents opportunities for vacation, investment property, or primary residence. $1,995,000 Active

2045 S Waccamaw Dr. Murrells Inlet, South Carolina

7 Beds 4 Baths 2,800 SqFt 0.300 Acres

Listed by: BHHS Myrtle Beach Real Estate

Single Family Home Pending Listings:

Pack your bags The beach life is calling!! This one-owner, raised beach home is just a short golf cart ride to the beach and has only been used as a second home--it has never been rented. Large front deck offers a great place to relax and enjoy your coffee in the morning or a cool drink in the afternoon. Welcome in to the open concept featuring spacious dining area, great room and kitchen. Owner's suite has queen bed and boasts 2 walk-in closets and full bathroom. Plus 3 more bedrooms and a full bath. Under the house is a large enclosed shower and dressing area--perfect for washing away the sand after beach time. Plus a storage/workshop complete with workbench, shelving and plenty of room for a golf cart.  Covered parking for 4 vehicles $500,000 Active Under Contract

516 Bay Drive Ext. Garden City Beach, South Carolina

4 Beds 2 Baths 1,651 SqFt 0.100 Acres

Listed by: ERA Wilder Realty Inc PI

A true classic raised beach home in the heart of Garden City. 144 Oak Ave is a 1968 beach home that is one block from the beach with a partial marsh view to the west. Lovely front porch that always has an ocean breeze. Inside features a split 4-bedroom, 2 full bathrooms plan, jack-and-jill style. Open main living area with plenty of natural light. Garden City pier, Sam's Corner, and Causeways are only 1.-2 blocks away. Come enjoy the best of yesterday, today. $550,000 Active Under Contract

144 Oak Ave. Garden City Beach, South Carolina

4 Beds 2 Baths 2,000 SqFt 0.090 Acres

Listed by: Garden City Realty, Inc

YES, there is plenty of room out back for a pool. A pool must be 5’ from the property lines and may likely double rental income. Called "Palmetto Place" and with THE BEST ocean view from the second-row. If you want a better ocean view, then you'll need to pay lots more for direct oceanfront! There's rental income and such a good location as you're a mile from the Garden City Pier and two miles from the award winning Gulf Stream Cafe, 20 minutes to the Myrtle Beach International Jetport and an hour and a half south to Historic Charleston. Did I mention golf? Well, there are about 100 award winning golf courses within 1.5 hours. This wonderful home, all on one level, is a wonderful place to gather and to make South Carolina beach memories. And the big oceanside front porch is the place to enjoy our South Carolina trade winds! Come see for yourself. You'll be glad you did. And did I say turn-key? Well, it is ready to go, so come on. Sells fully furnished. $849,900 Active Under Contract

610 S Waccamaw Dr. Garden City Beach, South Carolina

4 Beds 3 Baths 3,532 SqFt 0.160 Acres

Listed by: CB Sea Coast Advantage MI

Welcome to Salter's Cove paradise in Garden City Beach SC! This exquisite raised beach home offers a coastal lifestyle that blends comfort, nature, and convenience seamlessly. Beautiful views of the Saltwater Fishing Cove which boasts awe-inspiring views of its tranquil waters and the abundant birdlife.  Immerse yourself in the essence of seaside living as you feel the refreshing ocean breezes. Nestled East of Bus 17 Beach Side, this beach home offers the perfect location to experience the best of coastal living. In less than 5 minutes, a golf cart ride will transport you to the pristine sandy shores, providing quick and effortless access to the beach. This 3-bedroom, 2-bath furnished home is a coastal haven that offers an open floor plan designed for modern living. The master bedroom's access to a spacious balcony deck with captivating views of the picket-fenced yard and the saltwater cove creates an unparalleled sense of tranquility. The large en-suite master bathroom and convenient pull-down attic staircase further enhance the practicality and comfort of this space. Under Roof & outdoor entertainment areas including 4 person hot tub, back yard fencing, & large storage room to store your golf cart or motorcycle.  LOW HOA's Amenities include large pool, clubhouse, fishing cove, tennis & pickle ballcourts. Close to Garden City & Surfside Beaches ,pier, golfing, Murrell's Inlet Marsh walk restaurants and Myrtle Beach entertainment. Square footage is approximate and not guaranteed.Buyer is responsible for verification. $409,900 Active Under Contract

437 Bay Dr. Murrells Inlet, South Carolina

3 Beds 2 Baths 2,304 SqFt 0.090 Acres

Listed by: Realty ONE Group DocksideSouth

Single Family Home Closed Listings:

This beautiful home located in Jamestowne Colony is a must see! Golf cart ride away to the Garden City pier and the beach. Since ownership the owner has done some amazing upgrades including a new roof, HVAC unit, kitchen/bathroom remodel, paint and more! Perfect for a second beach home, investment or a primary. With 3 bedrooms 2 baths and a large outdoor storage shed there is plenty of room. Jamestowne Colony is a small quiet neighborhood with mature landscaping nestled away a minute from Atlantic Avenue close to all food shopping, restaurants and entertainment needs. Jump on the golf cart for a day at the beach or enjoy the community pool just steps away. The porch areas are perfect for entertaining, peaceful mornings and evenings with your favorite beverage. One of the larger lots in the community being a corner lot. Other great attractions that are minutes away is Brookgreen Gardens, State park beaches and the famous Murrells Inlet Marsh Walk. Book you're showing today as you will not be disappointed. 350,000 Closed

804 James Landing Ct. Murrells Inlet, South Carolina

3 Beds 2 Baths 1,596 SqFt 0.130 Acres

Listed by: Palms Realty

House is under construction! Will be finished by the middle of September. This brand new custom beach home built by one of the best builders on the beach will be perfect for an investment rental property, second home, or primary residency. The floor plan features 5 bedrooms, 5 and 1 half baths, covered porches, pool, elevator, with an open concept living/dining area. Plenty of space is to be had on a very large and rare 42 x 155 lot just a short distance to the beach. If you wish to make selections (colors, flooring, material, etc.) don't delay and call me or your realtor today. (Homes completed next door are identical to this one) 880,000 Closed

320 Cypress Ave. Garden City Beach, South Carolina

5 Beds 6 Baths 2,821 SqFt 0.160 Acres

Listed by: Surfside Realty Co Inc

House will be finished in the next 60 days. This brand new custom beach home built by one of the best builders on the beach will be perfect for an investment rental property, second home, or primary residency. The floor plan features 5 bedrooms, 5 and 1 half baths, covered porches, pool, elevator, with an open concept living/dining area. Plenty of space is to be had on a very large and rare 45 x 135 lot just a short distance to the beach. If you wish to make selections (colors, flooring, material, etc.) don't delay and call me or your realtor today. 880,000 Closed

312 Cypress Ave. Garden City Beach, South Carolina

5 Beds 6 Baths 2,821 SqFt 0.160 Acres

Listed by: Surfside Realty Co Inc

Queens Court Cottage #6 presents a unique and rare opportunity to acquire a property in a great location. Situated just 100 yards away from the beach, this charming community of only seven properties.  It's important to note that properties in this community rarely become available for purchase, making this a truly exceptional chance.   This raised beach property features 3 bedrooms and 2 full baths, providing ample space for you and your family or guests. The spacious front deck is an inviting space where you can enjoy the refreshing ocean breeze.  Convenience is key at Queens Court Cottage #6. Below the house, you'll find a range of practical amenities designed to enhance your beachside living experience. An outdoor shower allows you to rinse off the sand and saltwater after a day at the beach. A storage area provides a place to keep your beach gear, ensuring everything is organized and easily accessible. Additionally, covered parking offers protection for your vehicles, ensuring they stay safe from the elements.   The location of Queens Court Cottage #6 is truly unbeatable. Nestled between Surfside Pier and Garden City Beach Pier.  Whether you're in the mood for shopping, fishing, or indulging in a variety of dining options, this prime location caters to all your interests. And if relaxation is what you seek, a simple stroll across the street will lead you to the sandy shores of Garden City Beach.   It's worth noting that short-term rentals are permitted within the community. This presents a potential opportunity for you to generate income from the property through vacation rentals if you so choose. 455,000 Closed

1107 N Waccamaw Dr. Garden City Beach, South Carolina

3 Beds 2 Baths 2,304 SqFt

Listed by: Garden City Realty, Inc

Garden City Beach Condo and Townhouse Market

The month’s supply and percentage of list price to sold price is even more impressive on the condo and townhouse market. In the condo and townhouse market, properties are selling at 100.5% of the list price and the supply of properties is down to 0.8 months.

Quick Facts:

  • 14 New Listings – up 7.7%
  • 7 Sold Listings – down 12.5%
  • 7 Active Listings – down 41.7%
  • 71 Average Days of Market – down 42.7%
  • $344,957 is the Average Sales Price – up 93.5%
  • $294 is the Average Dollars Per Square Foot – up 40%

Condo and Townhouse Listings For Sale:

Come check out this recently remodeled condo in the heart of Garden City. Just one block from the beautiful Atlantic Ocean.  This charming 2 bedroom, 1 bath unit boasts new premium laminate flooring, freshly painted interior, and the best feature is NO POPCORN CEILINGS in the living area, kitchen or hallway! The updated kitchen features new cabinets, quartz countertops, stainless steel Whirlpool appliances, and a peninsula with additional storage and barstools. The bathroom has been updated with a new walk-in shower, new vanity and toilet. The HVAC unit was installed in 2019. Other features include all new ceiling fans and a new washer/dryer. All new furniture, which makes this condo turnkey, just bring your personal items! Sit out on your private screened porch and watch the stunning sunsets over the marsh. Parking under the complex add to the convenient, carefree living of this condo, or it can be a great investment property.   The Marshside Inn offers plenty of parking, a BBQ and picnic area, bathrooms, and a pool with hot tub and ample decking - all adjacent to the marsh and its beautiful views. This rare find is just a short golf cart ride to the Garden City Pier and the beautiful Atlantic Ocean.  The quaint area of Garden City offers many shops, restaurants, and entertainment, as well as being a short ride to the airport, tourist attractions, golf courses and everything the Grand Strand has to offer. $274,900 Active

123 N Dogwood Dr. Garden City Beach, South Carolina

2 Beds 1 Baths 753 SqFt

Listed by: North Beach Realty

Welcome to "The Palms" located in the infamous Waters Edge Resort in the heart of Waccamaw Drive of Murrells Inlet. This beach side unit gives you the vibes of a tropical paradise while still feeling cozy like home. Relax on the balcony while smelling the fresh salt in the air and enjoy the views for miles of ocean sand and sun! Open concept to give plenty of space for you and guests to sprawl out or entertain from kitchen to living area. First floor level so no long wait times for elevators to gain entry. Plenty of amenities on the compound such as indoor/outdoor pools, a spa, a local hangout underneath the building, and direct access to the Atlantic waves. Being in this building makes for an easy commute to Surfside Beach or Garden City piers within minutes. Wither for a primary or secondary home this condo will not disappoint! $279,000 Active

1012 N Waccamaw Dr. Murrells Inlet, South Carolina

1 Beds 2 Baths 810 SqFt

Listed by: Realty ONE Group DocksideSouth

Stunning views of the ocean are only the beginning to this amazing 3 bedroom 2.5 bath first floor!  Located on family friendly Garden City Beach - sit on the balcony and listen to the waves crash, enjoy beach activities, float inthe ocean side pool, visit the pier for fishing or live entertainment.  Kids will love the arcade and ice cream shop, beach shops and restaurants all within walking distance from YOUR condo! Great vacation/second home or rental property.   Spacious rooms, great entry porch includes storage and washer/dryer closet.  Primary residence - NO RENTAL.  Please contact the Listing Agent or your Realtor for any additional information or to schedule a showing.  Look for updated photos coming soon. $499,900 Active

200 N Waccamaw Dr. Murrells Inlet, South Carolina

3 Beds 3 Baths 1,100 SqFt

Listed by: Darlene McManus Realty

Looking for an absolute turnkey oceanfront condo?  Look no further than One Ocean Place unit 503.  This beautifully decorated unit is a direct oceanfront 2-bedroom, 2-bathroom condo located in Garden City Beach.  The kitchen has new cabinets, granite countertops and stainless steel appliances.  Both bathrooms have updated tile showers and the furniture is all high-end. The kitchen table and chairs were custom made.  One Ocean Place is an extremely well maintained high-rise building with two large, oceanfront pools, two hot tubs, a large sundeck, an owner's lounge and owner's gym.  Contact the listing agent, or your Realtor, for more information or to set up a private showing. $627,700 Active

1990 N Waccamaw Dr. Garden City Beach, South Carolina

2 Beds 2 Baths 1,233 SqFt

Listed by: Dunes Realty Sales

Condo and Townhouse Pending Listings:

Unit 912 has a Million dollar ocean front view from your private balcony!  The condo has been kept up-to-date.  The kitchen is fully equipped. The unit comes fully furnished and includes a stacked washer and dryer. The amenities include indoor/outdoor pools, kiddie pool,  indoor jacuzzi and sauna, ocean front pool deck and onsite covered parking for two vehicles,three elevators, wireless internet, unit phone, water, electric, and restaurant and lounge, called the Salty Pickle Bar and Grill, is located on the ground floor of the building. $325,000 Active Under Contract

1210 N Waccamaw Dr. Murrells Inlet, South Carolina

2 Beds 2 Baths 900 SqFt

Listed by: Exit Coastal Real Estate Pros

***The condo can be shown from Saturday, 9/16, through Saturday, 9/23, and on Saturday, 9/30, and Sunday, 10/1.*** Welcome to Dolphin Cove 2A, an oceanfront condominium nestled in the charming coastal town of Garden City Beach. This lovely 3-bedroom, 2.5-bathroom residence provides over 1,102 sq ft of comfortable living space. The condominium is fully furnished with a tasteful coastal flair and highlights an open-concept floor plan. The primary suite features breathtaking ocean views and the iconic Garden City Pier. The additional two bedrooms are well-appointed, offering ample space and comfort for family or guests. A private balcony, accessible from both the living room and primary suite, promises endless Atlantic Ocean vistas and invites cool sea breezes. The fully equipped kitchen allows for effortless meal preparation, while the scenic backdrop of the coastline adds to the pleasure. The main foyer offers convenience with a laundry room and one of two secure owner's closets. In a well-maintained, low-rise complex, Dolphin Cove offers residents an oceanside swimming pool and an elevator for easy accessibility. Located just 0.1 miles north of the Garden City Pier, the residence provides quick access to the town's highlights, including shopping and dining spots. Immerse yourself in the vibrant local culture with a short stroll to the pier, home to a lively arcade, summer live music events, karaoke, food, drinks, fishing, and panoramic ocean views. Downtown Garden City Pier, within walking distance, offers a variety of restaurants and beach shops, while Myrtle Beach's countless attractions are just a short drive away. This condominium has proven its worth as a desirable rental property, presenting an excellent investment opportunity. Its convenient location near major transit routes like Hwy 17, Hwy 544, and Carolina Bays Parkway (Hwy 31) ensures easy access to surrounding cities. Charleston, SC, and Wilmington, NC, are within a two-hour drive, while Myrtle Beach International Airport is only 20 minutes away. Local attractions such as Myrtle Beach State Park, Huntington Beach State Park, Brookgreen Gardens, and the historic city of Conway are easily accessible. The condominium is just 25 minutes from Myrtle Beach Boardwalk and SkyWheel and close to entertainment complexes like Barefoot Landing and Broadway at the Beach. Additionally, the property is a stone's throw from Murrells Inlet, the "Seafood Capital of South Carolina." Dolphin Cove 2A represents an opportunity for those seeking a permanent home, vacation property, or investment. To experience this delightful coastal residence, visit www.bit.ly/2ADC for a Matterport 3D Virtual Tour. $529,900 Active Under Contract

200 N Waccamaw Dr. Garden City Beach, South Carolina

3 Beds 3 Baths 1,257 SqFt

Listed by: Dunes Realty Sales

One of the best views on the beach. This 2 bedroom 2 bath is within walking distance to main street of Garden City with all the wonderful things they have to offer. Unit is in need of some updating but it is a great layout. You can go to the large balcony from the bedroom or living room. Great views from the sliding glass doors and windows in front. $345,000 Active Under Contract

400 N Waccamaw Dr. Murrells Inlet, South Carolina

2 Beds 2 Baths 1,112 SqFt

Listed by: Exit Coastal Real Estate Pros

Own a piece of paradise with a 3 bedroom , 2.5 bath oceanfront condo available in the Water's Edge building in Garden City. Enjoy the oceanfront views from the balconies located off the living room and master bedroom! This condo has all space you need and comes fully furnished- just pack your personal items and move right in. The full kitchen features plenty of cabinet and counter space, with a work island, tiled backsplash, and breakfast bar. 3 bedrooms allows for plenty of room for guests to come visit. Water's Edge is also located near plenty of shopping, dining, and entertainment options. This would make a great primary residence, 2nd home or investment opportunity. Measurements are not guaranteed and are the buyer's responsibility to verify. PROFESSIONAL PHOTOS AND DRONE PICTURES WILL BE UPLOADED ON MONDAY. $529,900 Active Under Contract

1012 N Waccamaw Dr. Murrells Inlet, South Carolina

3 Beds 3 Baths 1,348 SqFt

Listed by: EXP Realty

Condo and Townhouse Closed Listings:

Good taste and added value are evident in this recently renovated condo in the heart of Garden City. Just one block from the ocean, this charming 2 bedroom, 1 bath unit boasts new luxury vinyl flooring, freshly painted interiors, and new orange peel ceilings. The updated kitchen features gray wooden cabinets, quartz countertops, stainless steel appliances, and a peninsula with additional storage and bar stools. The bathroom has been updated with a tiled walk-in shower and new vanity and toilet. A Rudd HVAC unit and hot water heater, both installed in 2019, are additional evidence of the care involved in the maintenance of this property. Other features include all new ceiling fans and a stackable washer/dryer. New den furniture with a power reclining love seat completes the remodel and is included in the sale. Stunning marsh and ocean views expand the interior, and a marsh side screened porch with ceiling fan provides additional living space and cool ocean breezes. A covered front balcony and a private storage room and parking under the complex add to the convenient, carefree living of this home.  The Marshside Inn complex offers additional amenities including plenty of parking, a BBQ and picnic area, bathrooms, and a pool with hot tub and ample decking - all adjacent to the marsh and its beautiful vistas. This rare find is just steps from the ocean and the shops, restaurants, and entertainment of Garden City. Put this on your must-see list and prepare to be charmed. 260,000 Closed

123 N Dogwood Dr. Garden City Beach, South Carolina

2 Beds 1 Baths 800 SqFt

Listed by: Spires & Co. Realty

Your own place at the beach is now available! Beach House is a direct ocean front building with outstanding views of the Atlantic Ocean and beaches from all units. The condo features two bedrooms and two full baths with a laundry room. Large balcony with a sliding door off living room and door with glass for a view off of main bedroom. Sold completely furnished with very tasteful beach decor. The kitchen counter tops were replaced and upgraded on July 12th with quartz countertops! Great price for such a wonderful ocean view. Pool, sun deck and direct beach access on property. Just a comfortable walk to the Garden City Pier and Sam's corner! 330,000 Closed

720 N Waccamaw Dr. Murrells Inlet, South Carolina

2 Beds 2 Baths 950 SqFt

Listed by: Garden City Realty, Inc

Great location East of HWY 17 Bypass. After taking 15 steps from the ground level up to the main level of this Condo you will find a quaint Living Room, Eat-in Kitchen and the Master Bedroom & Bath. Upstairs is the Loft and looks over the Living Room below. The Loft can be used as a Second Bedroom, Guest Room, Office, or whatever you want it to be! This is where the second Bath is located. This two Bedroom, two Bath spacious condo is located just a short golf cart ride to Garden City Beach & Pier, Fine dining, shopping, Golfing, Hospitals and of course The Famous Marsh-Walk in Murrells Inlet. Perfect for a primary residence, weekend get-away or investment property. There is a balcony on the front and back with storage attached to the front balcony. The skylight allows natural light and has vaulted ceilings. The range and refrigerator are newer. This unit also comes with a stackable washer and dryer, too. Make your appointment today! Buyer is responsible for the verification of all measurements. 125,000 Closed

404 Cambridge Circle Murrells Inlet, South Carolina

2 Beds 2 Baths 1,006 SqFt

Listed by: Beach & Forest Realty

Great second floor ocean front unit just steps down to ocean front pool deck, indoor pool, spas and Salty Pickle food and drink bar.  Two bedrooms and two full baths with lovely view from balcony.  Tastefully decorated for that beachy feel. 270,000 Closed

1210 N Waccamaw Dr. Garden City Beach, South Carolina

2 Beds 2 Baths 775 SqFt

Listed by: Pless Properties, LLC

What Does This Information Mean for Buyers and Sellers?

What do these numbers mean for you as a seller? Prepare, prepare, prepare. When your home is listed for sale, it will be one of only a few homes for sale. The average days on market indicates homes are listed and closed in just over 3 months. While most homes for sale in Garden City Beach are rental properties, some homes are used a primary or secondary residences. Primary residents need to know where you will be moving once your home sells. Second home owners need to have an idea when their home could sell so they can squeeze in one last vacation and also have time to move personal belongings.

What do these numbers mean for you as a buyer? You also need to be prepared. While the market for buyers that can afford a beach house is smaller, you may still have competition. You need to be prepared with a pre-approval letter, preferably from a local lender, or a proof of funds statement from your bank or financial institution. You also need to consider your timeline especially if you are purchasing a home for personal use. Any rentals within 90 days of your closing date must be honored. Let’s say you start looking for a home today (at the very end of May) and go under contract in mid-June. Most likely, you will need a month to close, so that puts your timeline at mid-July. Because of the 90 day rule, you will have to honor rentals through mid-October. As you can see, you will not be able to use your new home unless a week is not already booked. You will be receiving rental income during that time.

Contact me if you have any questions about the Garden City Beach real estate market report for April 2022 or the Garden City Beach market in general.

Posted in: Real Estate Market Reports, Real Estate Market Reports 2022

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About

Kathy Rukat Smith with Palmetto Coastal Homes serves all the areas of the Grand Strand.

  • North Myrtle Beach
  • Myrtle Beach
  • Surfside Beach
  • Garden City Beach
  • Murrells Inlet
  • Litchfield Beach
  • Pawleys Island
  • Carolina Forest
  • Conway

 

Kathy Rukat Smith is a resident of Murrells Inlet and loves everything living at the beach has to offer. She has been selling real estate since 2004.

Kathy uses her local real estate knowledge, technical skills, local connections and strong internet presence to exceed your exceptions and help you succeed in the fast-paced Myrtle Beach real estate market.

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Kathy Rukat Smith with

Palmetto Coastal Homes

5400 Elba Way, Myrtle Beach, SC 29579

(843) 267-2710
Kathy@TeamRukat.com
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