Grande Dunes Real Estate Update
Recession over in Myrtle Beach: It may not feel like it, but economists say the recession is officially over in Myrtle Beach. According to the financial research firm Moody’s Economy, 79 metro areas in the country, including three in South Carolina, are in recovery. Moody’s research is based on the latest data on jobs, manufacturing, and housing.
The Grande Dunes is one of the most prestigious communities in Myrtle Beach. Its divine property extending from the Atlantic Ocean past the Intracoastal Waterway cannot be matched. With 2,200 acres of acres of attraction, exclusive amenities, and elegant homes it’s obvious why so many people want to be a part of this remarkable community. The Grande Dunes remains such an attractive place to live because it is unlike any other in Myrtle Beach. You are living the American dream!!
We would like to present you with an update by community on The Grande Dunes according to the CCAR MLS as of October 11, 2009.
Grande Dunes Real Estate Active Year to Date |
|||||
|
Avg. Listed
|
|||||
|
Neighborhood
|
Total
|
Under Contract
|
Avg. Price
|
Avg. Sq. Ft.
|
Price per Sq. Ft.
|
|
Bal Harbor
|
4
|
0
|
$1,710,975
|
4,450
|
$384.49
|
|
Cadiz
|
6
|
0
|
$1,078,983
|
3,100
|
$348.06
|
|
Calais
|
6
|
2
|
$1,255,133
|
3,433
|
$365.57
|
|
Capri
|
7
|
1
|
$959,100
|
2,979
|
$327.77
|
|
Castillo Del Mar
|
7
|
1
|
$1,493,786
|
4,214
|
$354.46
|
|
Members Club
|
27
|
3
|
$1,423,125
|
3,893
|
$365.60
|
|
Milano
|
3
|
0
|
$947,667
|
2,917
|
$324.91
|
|
Palermo
|
9
|
2
|
$1,290,333
|
3,839
|
$336.12
|
|
Riviera
|
8
|
0
|
$2,507,975
|
4,656
|
$538.63
|
|
Seville
|
11
|
2
|
$828,791
|
2,750
|
$301.38
|
|
Siena Park
|
14
|
3
|
$610,150
|
2,486
|
$245.46
|
|
Tuscany
|
3
|
0
|
$912,633
|
3,583
|
$254.69
|
|
Ocean Front
|
2
|
0
|
$3,700,000
|
5,050
|
$732.67
|
|
Total
|
107
|
14
|
|||
Grande Dunes Real Estate Sold Year to Date |
|||||
|
Avg. Listed
|
|||||
|
Neighborhood
|
Total
|
Avg. Price
|
Avg. Sq. Ft.
|
Price per Sq. Ft.
|
|
|
Cadiz
|
2
|
$755,000
|
3,050
|
$247.54
|
|
|
Calais
|
5
|
$959,800
|
3,870
|
$248.01
|
|
|
Capri
|
4
|
$676,750
|
3,225
|
$209.84
|
|
|
Castillo Del Mar
|
2
|
$1,213,750
|
3,850
|
$315.26
|
|
|
Golf Cottages
|
1
|
$1,450,000
|
3,250
|
$446.15
|
|
|
Members Club
|
4
|
$845,275
|
4,125
|
$204.92
|
|
|
Milano
|
2
|
$807,500
|
4,575
|
$176.50
|
|
|
Riviera
|
3
|
$1,301,667
|
5,838
|
$241.80
|
|
|
Seville
|
5
|
$603,980
|
2,850
|
$211.92
|
|
|
Sienna Park
|
4
|
$638,725
|
2,725
|
$234.39
|
|
|
Tuscany
|
3
|
$649,833
|
3,750
|
$173.29
|
|
|
Total
|
35
|
||||
|
Bal Harbor, Palermo and Ocean Front had no residential sales, year to date.
|
|||||
Grande Dunes Lots Active and Sold Year to Date |
|||||
|
Neighborhood
|
Total Active
|
Avg. Active Price
|
Total Sold
|
Avg. Sold Price
|
|
|
Bal Harbor
|
7
|
$953,971
|
0
|
||
|
Capri
|
2
|
$227,450
|
0
|
||
|
Members Club
|
13
|
$250,129
|
4
|
$183,750.00
|
|
|
Milano
|
3
|
$174,333
|
0
|
||
|
Palermo
|
8
|
$234,419
|
0
|
||
|
Riviera
|
5
|
$228,960
|
0
|
||
|
Seville
|
5
|
$124,170
|
1
|
$125,000.00
|
|
|
Tuscany
|
6
|
$273,500
|
0
|
||
|
Ocean Front
|
7
|
$1,577,986
|
0
|
||
|
Bal Harbor, Capri, Milano, Palermo, Riviera, Tuscany and Ocean Front had no land sales, year to date.
|
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