Myrtle Beach area home sales see steep decrease

GRAND STRAND Area home sales see steep decrease Myrtle Beach area home sales during the third quarter declined 26.77 percent compared with the third quarter last year - a drop almost three times greater than the state average, according to the S.C. Association of Realtors' report released this week. They fell more than home sales in Charleston, which saw a 18.78 percent drop; Columbia, with a 4.53 percent drop; and Greenville, with a 2.34 percent drop. Hilton Head Island saw a 7.8 percent increase in sales. Across the state, there was a 9.64 percent decline. The median sales price in the Myrtle Beach area also fell to $194,000, a 3.48 percent decline compared with the third quarter of last year. Homes spent an average of 209 days on the market - an 11.15 percent increase. Myrtle Beach statistics include Myrtle Beach, North Myrtle Beach, Conway and Georgetown. HORRY COUNTY