Murrells Inlet Real Estate Market Update: [Month Year]

This report is updated monthly. Every number below is a placeholder until the current month's MLS data is published and verified.

The headline numbers

• Closed sales: [verify]
• Median sale price: [verify]
• Average days on market: [verify]
• Months of inventory: [verify]
• Average price per square foot: [verify]
• Year-over-year price change: [verify]

Zach's take

Town-wide medians hide more than they reveal in Murrells Inlet. A creek-front sale and an interior townhome in the same month can drag the median in opposite directions.

What I watch instead: how long well-priced homes in each neighbourhood sit before going under contract, and how many price reductions appear in the first three weeks. Those two signals lead the headline numbers by about a month [verify against your own data before publishing].

What it means if you're selling

Pricing the first ten days correctly still matters more than anything else you will do. The market absorbs correctly priced homes quickly and punishes optimistic pricing with reductions that buyers can see in the listing history.

What it means if you're buying

Inventory is uneven by neighbourhood. Ask for the figures for your specific target area rather than the town as a whole.

Want the numbers for your street rather than the town? Ask me for a personal market analysis.