Matt O'Neill Real Estate

Folly Beach, SC

Single-Family Homes

Mccalls Corner



Folly Beach, SC

Mon Apr 06 2020
This week the median list price for Folly Beach, SC is $920,750 with the market action index hovering around 29. This is an increase over last month's market action index of 25. Inventory has held steady at or around 34. Click here to stay informed with the Folly Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Folly Beach, SC

Mon Apr 06 2020
This week the median list price for Folly Beach, SC is $920,750 with the market action index hovering around 29. This is an increase over last month's market action index of 25. Inventory has held steady at or around 34. Click here to stay informed with the Folly Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Folly Beach market.
Median List Price $920,750
Per Square Foot $420
Days on Market 312
Price Decreased 38%
Price Increased 0%
Relisted 9%
Inventory 34
Median Rent
Most Expensive $2,150,000
Least Expensive $19,000
Market Action 29
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,449,500 3,493 0.25 - 0.5 acre 4 4 12 0 0 308
$1,197,500 2,148 0.25 - 0.5 acre 4 3 23 0 0 312
$709,990 1,830 0.25 - 0.5 acre 3 2 32 0 1 448
$55,000 700 0.25 - 0.5 acre 3 2 15 0 2 178