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Garden City Market Report

Welcome to
www.GardenCityMarketReport.com

Here you'll find instant access to what's happening around our area. Please fill out the quick contact form at the bottom of this page if you would like a detailed monthly report delivered directly to your inbox.

*Don't miss all the upcoming local events at the bottom of this page!*


 

Entire MI & GCB Market Update & Housing Supply:

 


 


Image result for Deal Of The month
***129 Rainbow Drive offered @ $524,900***


**Why does this one top the list?**
The FANTASTIC rental income! Grossing over $43,000 in 2016

Welcome to your next summer @ "Rainbows End"....Your pot of gold awaits! Liek easy on the wallet? The rental income on this home is fantastic! Ask you agent for details. Just pack your bags & head to the coast! This home is offered with all furniture included! This beautiful 5 Bed, 4 Bath 3100+ square foot beach home, located on Rainbow Drive in Garden City Beach is your Spring dream come true! Just a short walk from the Sand & Salt! 129 Rainbow Drive offers ample living space, plenty of storage, & a private in-ground swimming pool to cool you off on the warm summer days. Are you someone looking for an affordable beach house with lovely views? Enjoy not only ocean views from the front porch, but also great marsh views from the large back porch that overlooks the swimming pool. The ground floor of this home features a garage for your golf cart, an additional owner's storage closet, and tons of parking for your guest. Coming into the main floor of the house you'll notice plenty of natural light, giving you a great room and large kitchen meant to entertain. On the main floor you have the living room, kitchen, 2 beds & Baths. Approaching the 3rd floor you'll notice a great open floor plan featuring some additional space outside the bedrooms. The 3rd floor offers 2 more bedrooms & a very spacious Master Bedroom & Full Bath!

Features

  • Year Built: 2007
  • Interior Features: Wind Treat Convey, Smoke Detector, Washer/Dryer, Skylights, Furnished
  • Kitchen: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Range Hood
  • Living Room: Bar, Ceiling Fan
  • Utilities Available: Electricity, Water Public, Sewer, Cable TV, Telephone
  • Master Bath: Double Sink, Shower, Tub, Wallpaper/Covering
  • Master Bedroom: Ceiling Fan, Sitting Area, Linen Closet
  • Other Rooms: Foyer, Laundry/Utility, Converted Garage, Loft
  • Street Additional Info: "rainbows End"
  • Subdivision: Myrtle Dunes
  • Subdivision/Neighborhood: Myrtle Dunes
  • View: Yes, See Lot Location
  • Water Heater: Electric
  • Heating and Cooling: Central Heat, Central Air, Electric
  • Amenities Available: Short Term Rental Allowed
  • Dining Room: Ceiling Fan
  • Floor Cover: Vinyl, Carpeting
  • Family Rm/Great Rm: Ceiling Fan
  • Zip Code: 29576
  • Status Category: Active
  • Property Type: Single Family Home
  • Pool or Spa: Yes, See Exterior Features
  • Pool: Yes, See Exterior Features
  • Middle School: Saint James Middle School
  • Lot Location: East Of Bus 17, Marsh View
  • Stories: Two-Story, Three or More
  • Vehicle Parking Capacity: 6
  • Sub Type: DETACHED
  • Style: Raised Beach
  • Lot Dimensions: 60x150x50x150
  • Lot Description: Rectangular, Designated Flood Zone
  • Exterior Finish: Wood Frame
  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Pool-Outdoor On Property, RV
  • Est. Sq Ft Under Roof: 3101-3200
  • Est. Heated Sq Ft: 2501-2600
  • Elementary School: Seaside Elementary School
  • County/Area: Horry County
  • Construction Status: Resale
  • Bedrooms: 5
  • Listing Status: Active
  • High School: Socastee High School
  • Garage: Carport
  • Furnished: Yes
  • Frequency H OA Paid: Does Not Have HOA
  • Foundation: Raised Beach
  • Baths (full): 4

Check Out This Unique Virtual Tour:

 

For More Pictures And Info Of This Listing Click Here

Let's Get Your Home Featured Today As Not Only The "Deal Of The Month" but also: www.SCFeaturedListings.com, Facebook Advertisements, and much much more! (Call Drew @ 843.446.2893)

 


 

December Sales "South of the Pier":
Image result for sold homes

WOW! What a market we are currently in. We are seeing sales prices we haven't seen in many years. With such little inventory along the beach, sellers are able to shoot for top dollar and are continuing to clean up rather nicely! The fact remains buyers are still walking in our door daily to shop this beach for their next second or investment property and they are still going to continue to buy whether are prices are higher or not. Have you had any thoughts of selling? As a real estate advisor it's my job to keep folks in the current real estate loop.

So, do you want to be market chaser or a chaser of the market? Sellers can clean up rather nicely along our beach by just listing at the correct time. There's something to being the big fish in a small pond rather than a small fish in a big pond!

In 2016, our office (Garden City Realty) sold over 23 million dollars worth of real estate in Garden City alone. These total sales made us the #1 producing office in Garden City! When it's time to sell in Garden City, contact the experts!

Sold:
*Info provided via MLS Data. These are not all my sold listings*
DETACHED:
1161 S. Waccamaw Dr. = $987,500

See It Here!

***Year End Review***
Wow!!! What a year we had in 2016. Prices were up and inventory was down. This is great sign as to where we are headed! Let's put "The Crash" behind us! Looking forward, we anticipate to continue with a steady Spring & Summer. Even with the recent interest rate increase business is up. Right here in Murrell's Inlet home values are up 5% just over the last 3 months. 

2016 Review:
Overall sales were up over 12%

Inventory was down w/ a total of 50 sales in 2016
Grand Total "south of the pier" = $32,455,200
Median Sales price was way up from 2015 @ $649,104

2015 Comparison:
63 Total Sales
$28,862,250
Median Sales Price = $458,130

 

What a great time to consider selling! The buying power hasn't changed and with less inventory along our beach your house could gain better attention, now more than ever! Let's get you an estimated value on your home....Give me a call today at 843.446.2893

 


 

Currently For Sale:


Click Here To See ALL Garden City Listings

Garden City Beach "South of the Pier"

 


 

"Beach News"


-Garden City Realty Announces Drew Dellinger as....
#1 Listing & Sales Producer of November &
#1 Sales Producer of the Quarter


Coastal Observer: News from Pawleys Island, Litchfield Beach, Murrells Inlet

Offshore oil: Seismic test ban seen as delay, rather than win, by opponents

By Jason Lesley
COASTAL OBSERVER

Local opponents of drilling for oil and natural gas in the Atlantic Ocean say they will remain vigilant after seismic testing permits off the shores of the Carolinas, Virginia and Georgia were denied by the Obama Administration last week.

Still, members of the group Stop Oil Drilling in the Atlantic are celebrating their second victory in opposition to offshore drilling. The U.S. Bureau of Ocean and Energy Management declined to lease drilling sites in the Southern Atlantic last year, but companies were preparing to use seismic airgun blasting to survey the ocean floor for oil and gas deposits. The testing drew equally intense opposition.

“It’s best not to get giddy because it’s a delay in the process,” said Jim Watkins, a SODA organizer. “This certainly gives courage to folks who had been in the trenches on this and hopefully will educate more folks to get in with us and do what we can to save the South Atlantic.”

Watkins and a group of about 40 people opposed to offshore drilling were meeting at the Bunnelle Foundation last Wednesday when BOEM announced it would not allow seismic testing in the Atlantic. “We were all over the map in terms of politics,” Watkins said, “but one thing they all agree on is no oil drilling.”

Jean Marie Neal, SODA spokeswoman, said there was no need for testing in the Atlantic Ocean considering the current plan for offshore drilling. “The oil and gas industry reacted strongly to the permit denials because they believe seismic testing is the first step toward actual drilling,” she said. “It’s kind of a back-door approach by the industry. They will try again and again in this new administration and Congress to reverse the successes we had. Regretfully, the oil and gas industries spend a lot of money on members of Congress. We cannot match their money, but they cannot match our love and desire to protect our coast and its waters.”

Peg Howell, former head of an offshore oil rig, said SODA is better prepared to oppose offshore leasing when they are potentially offered again in five years.

“We had no idea of what we were doing in the beginning except sounding the alarm,” Howell said. “We have learned a lot in two years about how this happens in terms of how to talk with people who live here as well as our elected officials. Some of our most effective conversations have been in Washington. It seems they are not accustomed to having citizens show up and say they care deeply about something.”

Howell said SODA directors met this week and began developing plans to promote renewable energy. “We want people to understand we are not obstructionists,” she said. “The thing we are talking about is the most effective energy to use in this area where we live.”

 

 


 

Upcoming Events:

2017 List of Events

April 15, 2017 – Race for the Inlet


Spring 2017 (Date TBD) – Spring Chowder Talk

April 30, 2017 – Spring Tide
Murrells Inlet Community Clean up

May 2, 2017 – Palmetto Day of Giving
 

This Market Report Was Brought To You By:
 


#1 Sales Producer Of The 3rd Quarter
#1 Sales & Listing Producer for Nov.
Multi-Million Dollar Producer

DrewDellinger.RE@gmail.com
843.446.2893 (Cell)
"Click Here For Zillow Reviews"

 


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