The average price of single family homes in Murrells Inlet increased to $453,578 from February 2021. 64 new listings were put on the market, but that was a decrease from the previous year. Murrells Inlet single family homes continued to see increases in the number of sold listings (65 up from 45), average days on market (110 up from 99) and the average price per square foot ($163 - an increase of 20.7%). The number that I found most interesting was the active single family home listings in Murrells Inlet. This number fell 55.3% to 67 (from 150).

If you are thinking of selling your Murrells Inlet home, now may be the time. Before putting your home on the market though, really think about where you will move and what your plans are for your next home. I have seen listings go under contract over a weekend. You need to make sure you have your next living arrangements squared away so you are not left in a bind.

As a Buyer, you need to come prepared now more than ever. If you are living in a rental and know you want to buy a home instead of renting for another year, start looking for a home much sooner than you think you need to start looking. I do not think 6 months is unreasonable. You may find you have to write several offers before you get an offer accepted. You may also find that sellers are asking for lease back time after closing (meaning, the seller would like to remain in the home and rent from you after closing so they can find their next home).