Murrells Inlet Real Estate Market Report – February 2021
In the Murrells Inlet Real Estate Market Report February 2021 edition provided by Kathy Rukat Smith of Palmetto Coastal Homes, discover what is trending. Murrells Inlet, like the rest of the Grand Strand, continues to be in a sellers’ market. The median 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 2021. The graphs below show single-family home and condo/townhouse information for the month of February for Murrells Inlet. Information is provided by the Coastal Carolinas Association of REALTORSⓇ.
What’s My Home Worth?
Get an accurate home value estimate based on your home address and up-to-date market conditions
Get Your Home’s Accurate Estimate Value
Murrells Inlet Single Family Home Market
The Murrells Inlet Real Estate Market Report shows the median price of single-family homes in Murrells Inlet rose an incredible 36.6% from February 2020. The number of new listings added in February along with the total homes listed decreased. If you are a buyer now, you understand the low inventory of homes for sale.
Median Price
Number of New Listings
Number of Homes For Sale
Murrells Inlet Neighborhoods
Number of Pending Sales
Number of Closed Sales
Murrells Inlet Condo Market
Median Price
Number of New Listings
Number of Condos For Sale
Murrells Inlet Condo Neighborhoods
Number of Pending Sales
Number of Closed Sales
As a buyer in this market, you need to come prepared when you start looking for homes. Before you start looking for homes, have your pre-approval letter ready to go. Also, you will want to present a strong offer to the seller. When you are ready to start looking for your next home, we can discuss your specific strategy. As a seller, you need to consider where you will move once your home is sold. Because the sale could be very quick, you may need to consider moving into a short-term rental to give yourself some extra time to find your next home. If now is the right time to discuss your home’s value and your future plans, we can discuss the logistics of selling in today’s market.