Myrtle Beach-Conway-North Myrtle Beach, SC

In a Cooling environment, demand absorption is moderate relative to available inventory. Buyers may encounter slightly less competition and potentially longer listing periods, fostering greater flexibility in negotiations. Sellers may need to demonstrate increased price discipline to align with current market absorption rates and inventory levels, which are not conducive to rapid sales.

While the median listing price declined 3.1% year-over-year, the average listing price increased by 0.4% over the same period, suggesting some divergence within price tiers. However, with the median price per square foot declining by 2.4% year-over-year, there is no distinct signal of robust luxury-segment strength in this dataset.

5,800 active listings represent the current floor, with new supply arriving at roughly 1,520 per month.

of active listings carry a price reduction, -0.7% from prior period.

Median price per square foot has moved -2.4% year-over-year.

Pending-to-active ratio — Cooling.