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
  1. Palmetto Corp- Conway, SC
  2. Conbraco Industries, Inc.- Conway, SC
  3. Builders First Source- Loris and Conway, SC
  4. MetGlas, Inc.- Myrtle Beach, SC
  5. Precision Southeast, Inc.- Myrtle beach, SC
Top 5 Manufacturing Employers as of 2014 in Georgetown County
  1. International Paper Company- Georgetown, SC
  2. Arcelormittal International- Georgetown, SC
  3. Three D Metal Works- Andrews, SC
  4. 3V Corporated- Georgetown, SC
  5. Mitco MFG.- Andrews, SC
Top 10 Non-Manufacturing Employers in Horry County
  1. Horry County School District
  2. Wal-Mart
  3. Horry County Government
  4. Coastal Carolina University
  5. Conway Medical Center
  6. Grand Strand Regional Medical Center
  7. Blue Cross/Blue Shield
  8. Food Lion
  9. McLeod Loris Seacoast
  10. 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

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