The Grand Strand, which is the coastal region of South Carolina surrounding Myrtle Beach, showed a strong increase in sales in 2005. This accompanied a strong increase of throughout the state of South Carolina which showed sales increases of 23% in volume and average price per home increased by 9.6% year over year.
Along the Grand Strand, home sales jumped 35 percent and median prices rose 25 percent to $172,000. Home appreciation in the Grand Strand – the area from Georgetown to North Myrtle Beach to Conway – was the highest reported statewide in the past 12 years, Peters said..via Myrtle Beach Online.
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