Coldwell Banker Real Estate Issues Home Listing Report Ranking More than 2,300 of North America’s Most Expensive and Most Affordable Markets

Coldwell Banker Real Estate Issues Home Listing Report Ranking More than 2,300 of North America’s Most Expensive and Most Affordable Markets

Darlington is South Carolina’s Most Affordable Market; North Myrtle Beach Tops the State’s Most Expensive List

South Carolina (June 15, 2011) – Coldwell Banker Real Estate LLC today released its Home Listing Report (HLR), a snapshot survey of listing prices for four-bedroom, two-bathroom homes in more than 2,300 North American markets. The survey reviewed 35 real estate markets in South Carolina and found Darlington led the list of most affordable markets in the state, with an average home listing price of approximately $95,120 for property listings meeting the subject home criteria. The report identified North Myrtle Beach as the state’s most expensive market, where the average four-bedroom, two-bathroom home has a listing price of $399,094. The difference of more than $300,000 between most expensive and most affordable South Carolina housing markets is just one of the many findings in this comprehensive market report. Compared to the national average of $293,251, the average four-bedroom, two-bathroom home in South Carolina overall was $220,763.

The Coldwell Banker HLR provides the average home listing price of four-bedroom, two-bathroom properties on coldwellbanker.com that were listed between September 2010 and March 2011 from more than 2,300 North American markets. Markets included in the U.S. report were required to have at least 10 properties fitting the above criteria within the relevant timeframe.

"This year’s home listing report is by far the most in-depth local market source of data that Coldwell Banker has ever released,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “We’ve included nearly ten times more markets than ever before, which gives us unmatched real estate insight into thousands of North American cities. For instance, we can see that there are 775 U.S. markets averaging $200,000 or less for these types of aspirational homes. We know that home buying remains a deeply personal lifestyle decision, and we believe that reports like this, along with trusted real estate agents, will help to today’s buyers make smart decisions.”

The South Carolina markets featured in the 2011 Coldwell Banker Home Listing Report are:

South Carolina
Market Name State Rank National Rank Average Price
DARLINGTON 1 18 $95,120
HARTSVILLE 2 188 $144,415
NORTH CHARLESTON 3 284 $156,795
ANDERSON 4 373 $165,946
CAMDEN 5 402 $168,186
CONWAY 6 429 $170,245
TAYLORS 7 533 $179,162
ELGIN 8 555 $181,025
ORANGEBURG 9 660 $189,506
ROCK HILL 10 671 $191,182
WALTERBORO 11 740 $197,165
LEXINGTON 12 746 $197,515
BLUFFTON 13 748 $197,572
WEST COLUMBIA 14 764 $198,859
SUMTER 15 768 $199,338
IRMO 16 778 $200,048
COLUMBIA 17 822 $203,972
GOOSE CREEK 18 827 $204,324
GREER 19 897 $210,199
SPARTANBURG 20 911 $211,843
SUMMERVILLE 21 1,014 $222,464
FLORENCE 22 1,018 $222,784
SIMPSONVILLE 23 1,028 $223,356
MYRTLE BEACH 24 1,041 $224,398
BLYTHEWOOD 25 1,056 $226,888
GREENVILLE 26 1,080 $230,209
FORT MILL 27 1,198 $244,394
EASLEY 28 1,257 $251,644
AIKEN 29 1,420 $274,538
MURRELLS INLET 30 1,427 $275,389
CHAPIN 31 1,532 $297,947
BEAUFORT 32 1,560 $301,813
CHARLESTON 33 1,635 $322,212
MOUNT PLEASANT 34 1,713 $347,163
NORTH MYRTLE BEACH 35 1,878 $399,094

An interactive graphic summarizing the full results of the Coldwell Banker Home Listing Report is available on coldwellbanker.com. Full national data can be accessed on the Home Listing Report website, and additional state data can be found at http://hlr.coldwellbanker.com/us2011/southcarolina.html.