Market Conditions 2026
Median prices down 4.9% YoY. Condo segment down 12.2%. DOM: 105–135 for SFR, 143 for condos. But closed sales volume is up 5.4% in Q1 2026 vs Q1 2025. Buyers are returning carefully. The leverage window is open but not permanent.
Segment Analysis
| Segment | Median | YoY | DOM |
|---|---|---|---|
| Single-family (Grand Strand) | $537K | -2.3% | 135 |
| Condos | $195K | -12.2% | 143 |
| NMB all residential | $399K | -4.9% | 105–135 |
Condo Due Diligence Warning
For any condo: reserve fund study, 12 months of HOA board minutes, and pending special assessment disclosures before making an offer. Deferred maintenance in oversupplied buildings is the primary buyer risk here.
What Performs Best
- Oceanfront SFR with private pool. Strongest yield and appreciation story.
- Ocean view condos in well-maintained buildings with confirmed STR rights
- 4+ bedroom properties for group/family travel. Less supply competition than condos.
- Properties near Cherry Grove Beach or Barefoot Landing outperform on STR demand
