HORRY COUNTY, SC (WMBF) The National Association of Realtors released a study stating homes are selling quicker than they have in years. Horry County Real Estate Agents say, they're seeing the same trend.
Another possible trend on the rise in Horry County- homes selling for a higher sticker price.
"I have a number of people who want to buy but unfortunately they are not finding the properties at the prices they were," Weichert Real Estate Agent Anna Marie Brock said.
Brock said so far this year, she has sold more properties than she did the entire year of 2011. Brock said it's still a buyer's market in Horry County but realtors are beginning to see less of the inexpensive homes for sale, and sellers are beginning to see higher offers on their homes.
"I've got buyers who are on the fence, they want to buy but they can't find that inexpensive house. So now they're trying to wait and see, are the prices going down or I've had a couple people recently make offers on that house even though it was more than it was six months ago," Brock said.
The National Association of Realtors said last year homes were listed for sale for an average of 98 days and this year the average time a home is on the market is 69 days.
Weichert Agent Christine Pruger said houses are moving off the market quicker in Horry County as well.
"It is good news for somebody who wants to sell their home because they have a better chance of selling their home this year than they did last year or the year before so the market is definitely moving," Pruger said.
Pruger said although the Real Estate market is making strides, it's a slow pace. Pruger said there is no guaranteed answer that the higher home prices and less homes on the market is a trend that will last.
"In general, we are seeing a slight uptick in the overall price in the area. But it's very slight," Pruger said.
The realtors said, the general idea is that if someone is looking to buy a home in Horry County, chances are he/she won't be flooded with several deals like it may have been last year.
The realtors said the market is beginning an upward turn, so sellers are able to mark their prices up a bit more, compared to what they were asking last year.