Sales and prices of residential properties continue to climb along the Grand Strand as demand eats up availability, reports Colin Burch of the Sun News.

Tom Maeser, president of a local real estate school states, “ It’s a healthy market for sellers right now, a little tougher for buyers” as sales surpass the number of listings. Maeser continues, “Although sellers will not find buyers if they inflate prices suddenly, some folks who looked at a property last year have taken a look again this year – only to find, in some cases, price increases up to $20,000.”

Phil Cox, Broker-in-Charge of Resort Vacation Services at the Myrtle Beach Resort, echoes Maeser’s observations. “ Our staff is working harder to find listings than they are to sell condos. There is a waiting list for those that have good ocean views. Because the mortgage interest rates are still favorable, it’s still a good time to buy.” For more about condo sales at the Myrtle Beach Resort, visit Myrtle Beach Condo Sales.