Market Statistics

Real Estate Market Statistics

In the fiscal year 2014, existing home sales were up 8% to prior year and new home construction volume was up 20%. However, to further show the positivity in that, average home price was up approximately 10.1% to $231,000 for new homes. New homes also had a sales increase to the tune of $420,000,000!

Source: E.F. Hucks & Co.

These statistics are constantly changing, but if you have a particular area of the Grand Strand or neighborhood that you wish to find out about, please inquire directly with one of our office members or agents to assist you.

Top 5 Manufacturing Employers as of 2014 in Horry County

Palmetto Corp- Conway, SC
Conbraco Industries, Inc.- Conway, SC
Builders First Source- Loris and Conway, SC
MetGlas, Inc.- Myrtle Beach, SC
Precision Southeast, Inc.- Myrtle beach, SC

Top 5 Manufacturing Employers as of 2014 in Georgetown County

International Paper Company- Georgetown, SC
Arcelormittal International- Georgetown, SC
Three D Metal Works- Andrews, SC
3V Corporated- Georgetown, SC
Mitco MFG.- Andrews, SC

Top 10 Non-Manufacturing Employers in Horry County

Horry County School District
Wal-Mart
Horry County Government
Coastal Carolina University
Conway Medical Center
Grand Strand Regional Medical Center
Blue Cross/Blue Shield
Food Lion
McLeod Loris Seacoast
City of Myrtle Beach

Cost of Living (July 2013)

Avg. Apartment Rent- $680 (2 bed, 2 bath avg. 950 sq. ft. including water and sewer)
Avg. New Home Cost- $220,493 (2400 sq. ft. living area 3 bed 2 bath with garage)
Avg. Electric Bill- $215.13 based on 2400 sq. ft. living area

Average Employment by Industry with unemployment (may not total 100)

Manufacturing-2.6%
Mining and Construction- 3.8%
Transportation and Public Utilities- 1.9%
Retail and Wholesale Trade- 21%
Finance, Insurance, and Real Estate- 5.9%
Services- 56.3%
Government- 7.8%

Sources: ACCRA Cost of Living Index 2013, 2014 S.C. Industrial Directory, 2014 Myrtle Beach Area Chamber of Commerce Statistical Abstract Online Edition