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2014 ANNUAL REPORT
2014 MARKET ANALYSIS
Single-Family New Listings in 2014
Change from 2013Condos
New Listings in 2014Change from 2013
2014 Annual Report on theCoastal Carolinas Housing Market
10,672 + 10.7% 7,124 + 2.6%
Current as of January 1 , 2015. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | 3
6,266 + 8.0% 4,137 - 0.1%Single-Family
Closed Sales in 2014Change from 2013
Condos Closed Sales in 2014
Change from 2013
3,638 4,081
4,818
5,802 6,266
2010 2011 2012 2013 2014
Closed Sales – Single-Family Homes
3,274 3,543
3,918 4,141 4,137
2010 2011 2012 2013 2014
Closed Sales – Condos
+ 12.2% + 18.1% + 20.4% + 8.2% + 10.6% + 5.7%
9,141
8,209 8,586
9,644
10,672
2010 2011 2012 2013 2014
New Listings – Single-Family Homes
7,725
7,043
6,512
6,946 7,124
2010 2011 2012 2013 2014
New Listings – Condos
+ 8.0% - 0.1%
- 10.2% + 4.6% + 12.3% - 7.5% + 6.7% + 10.7% + 2.6% - 8.8%
Text
2014 MARKET ANALYSIS
Text
Current as of January 1 , 2015. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | 3
- 2.7%
$182,149 + 5.3% $114,435 + 4.0%
At the end of each year.At the end of each year.
2014 Annual Report on theCoastal Carolinas Housing Market
Single-Family Homes for Sale in 2014
Change from 2013Condos
Homes for Sale in 2014Change from 2013
Single-Family Median Sales Price in 2014
Change from 2013Condos
Median Sales Price in 2014Change from 2013
3,983 + 0.7% 3,373
4,691 4,187
3,900 3,954 3,983
2010 2011 2012 2013 2014
Inventory – Single-Family Homes
4,667 4,251
3,494 3,467 3,373
2010 2011 2012 2013 2014
Inventory – Condos
- 10.7% - 6.9% + 1.4% - 8.9% - 17.8% - 0.8%
$174,000
$164,000 $160,000
$172,945
$182,149
2010 2011 2012 2013 2014
Median Sales Price – Single-Family Homes
$118,000
$107,000 $105,000 $110,000
$114,435
2010 2011 2012 2013 2014
Median Sales Price – Condos
+ 0.7% - 2.7%
- 5.7% - 2.4% + 8.1% - 1.9% + 4.8% + 5.3% + 4.0% - 9.3%
Text
2014 MARKET ANALYSIS
TextText2013 2014 Percentage Change 2013 2014 Percentage Change
Entire Market* 16,590 17,796 + 7.3% 9,943 10,403 + 4.6%
Horry County 14,810 15,877 + 7.2% 9,008 9,411 + 4.5%
Georgetown County 1,780 1,919 + 7.8% 935 992 + 6.1%
Andrews 55 43 - 21.8% 16 24 + 50.0%
Aynor 68 49 - 27.9% 36 31 - 13.9%
Carolina Forest 1,157 1,434 + 23.9% 677 945 + 39.6%
Conway 1,657 1,987 + 19.9% 921 1,193 + 29.5%
Garden City / Murrells Inlet 737 893 + 21.2% 401 492 + 22.7%
Georgetown 323 364 + 12.7% 165 182 + 10.3%
Little River 1,860 2,088 + 12.3% 846 1,193 + 41.0%
Loris 445 428 - 3.8% 205 255 + 24.4%
Myrtle Beach 3,790 4,006 + 5.7% 2,215 2,202 - 0.6%
North Myrtle Beach 1,660 1,762 + 6.1% 846 1,035 + 22.3%
Pawleys Island / Litchfield 656 774 + 18.0% 327 367 + 12.2%
Socastee 448 563 + 25.7% 293 319 + 8.9%
Surfside Beach 914 899 - 1.6% 626 576 - 8.0%
2013 2014 Percentage Change 2013 2014 Percentage Change
Entire Market* $146,000 $155,000 + 6.2% 7,421 7,356 - 0.9%
Horry County $142,900 $151,209 + 5.8% 6,281 6,280 - 0.0%
Georgetown County $215,000 $220,000 + 2.3% 1,140 1,076 - 5.6%
Andrews $73,750 $100,000 + 35.6% 26 23 - 11.5%
Aynor $101,850 $170,000 + 66.9% 35 26 - 25.7%
Carolina Forest $148,990 $160,900 + 8.0% 420 452 + 7.6%
Conway $125,875 $132,000 + 4.9% 684 704 + 2.9%
Garden City / Murrells Inlet $237,803 $225,000 - 5.4% 360 370 + 2.8%
Georgetown $145,000 $175,000 + 20.7% 275 252 - 8.4%
Little River $145,000 $152,000 + 4.8% 873 809 - 7.3%
Loris $123,475 $126,875 + 2.8% 220 183 - 16.8%
Myrtle Beach $126,400 $133,075 + 5.3% 1,856 1,883 + 1.5%
North Myrtle Beach $190,000 $185,200 - 2.5% 837 838 + 0.1%
Pawleys Island / Litchfield $285,000 $238,500 - 16.3% 543 503 - 7.4%
Socastee $124,000 $135,000 + 8.9% 137 200 + 46.0%
Surfside Beach $142,700 $150,000 + 5.1% 343 335 - 2.3%
Median Sales Price
Current as of January 1 , 2015. All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | 4
2014 Annual Report on theCoastal Carolinas Housing Market
Area Overviews
Area Overviews
*Activity for the entire market is not necessarily a sum of single-family homes and condo activity.
Closed SalesNew Listings
Homes for Sale
Text
We have 3,058 REALTOR® membersStrongest membership growth since 2007
As of December 31, 2014....
3,174 MLS Subscribers
1326 Active Keys
638 E-Keys
CCAR BY THE NUMBERS: MEMBERSHIP
As of December 31, 2014....
2,500 Page Visits
287 Tweets
982 Likes
178,188 Post Reach
375 Followers
CCAR BY THE NUMBERS: SOCIAL MEDIA
100 Connections
EDUCATION & PROFESSIONAL DEVELOPMENT
70 Free Courses Offered in 2014
1,427 Members Attended
5 Designation Courses Offered in 201468 Members Attended
1 CCAR Hosted Conference and 1 Partnered Conference with SCR in 2014
475+ Members Attended Each
CCAR continues to monitor all federal, state and local legislation that affects the real estate industry.
In 2014 CCAR stepped up efforts to regulate local HOAsas the primary source to receive and file complaints.
CCAR organized the first REALTOR® association Flood Insurance workshop for REALTORS® and community
officials educating them on legislation supporting mitigation, and connecting them with the information to help their
clients or municipalities better understand insurance rates.
In addition, CCAR hosted the 33rd Annual Legislative Pig Pickin’ at which more than 50 local and state government
officials, came to meet and greet our members.
CCAR Raised $64,962.00
for RPAC in 2014
GOVERNMENT AFFAIRS
$1,611.06 Donated to Helping Hand in 2014
RAFT was established by CCAR in 2010 to help REALTORS® and Affiliates.
RAFT is funded by private donations and proceeds from the annual Mark Sloan Memorial Golf Tournament.
$24,577.00 Donated to RAFT® in 2014
$3,736.00 from the Mark Sloan Tournament Donated to
The Duke Cancer Institute and American Cancer Society
COMMUNITY OUTREACH
MLS PRODUCTSCoastal Carolinas Association of REALTORS® MLS Department
is proud to present members with the following services:
LPS® MLS Solutions is the premier data and service provider in the Internet-based Multiple Listing Systems (MLS) industry.
PropTools provides revolutionary features to anyone needing to search for real estate ownership and property characteristics.
ShowingAssist™ helps real estate professionals schedule showings online in order to save them from unnecessary phone calls and busy work.
ListHub is much more than a data feed. ListHub provides a platform to manage the complexities of online marketing across a wide variety of reputable real estate marketing services.
Point2 provides the largest syndication network in the industry, with over 50 syndication partners, displaying lisntings on over 300 destinations.
RPR™ is a parcel centric system which will aggregate all available data sets and attach them to a property, including tax assessment,public record information, notice of default, and much more.
ZipForm automates the forms process and allows for quick and easy creation, editing and completion of forms required for any real estate transaction.
Mobile MLS, mobile application, allows for real estate professionals to access the MLS system and data while on the go.
2014 AWARD WINNERS
REALTOR® IMAGE AWARD WINNER STANLEY PARKER
REALTOR® OF THE YEARRANDY HARRISON
AFFILIATE OF THE YEARPIERRE RATTINI
REALTOR® IMAGE AWARD WINNER RON JACKSON
REALTOR® IMAGE AWARD WINNER DARRYL ROGERS