Sales Up On the South Carolina's Coast
For the first time in almost two years, South Carolina saw a single-digit decline in home sales in August. Sales dropped 9.4 percent statewide, the smallest decline since November 2007.
However, along the coast, Myrtle Beach and Hilton Head saw big jumps in sales in August, but erosion in prices. Myrtle Beach's home sales rose 18.3 percent, but median price was down 11.5 percent. Hilton Head saw a 31.3 percent jump in sales and a 21.8 percent decline in median price.