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Market Pulse | Seacrest Beach

HTownBeach CrabOther
1,346 views
We're considering purchasing a house in Seacrest Beach as a second home. In my search, I'm noticing a few things. One, prices have increased despite an increase in supply. Supply in Seacrest is nearly 14 months! Two, most of the homes are priced well above the comps even though they've been on the market for a huge amount of time. Three, those that have sold usually take at least five months. Any thoughts on the market in Seacrest (or other areas)? This market is not something I’m accustomed to and I don’t like the answers I’m getting from my agent.

Replies

4
Jim Tucker avatar
Jim TuckerBeach Fanatic
#2
Seacrest and Seacrest Beach are 2 different things. Which are you referring to?
HTownBeach CrabAuthor
#3
Sorry about that. Seacrest Beach.
Mike Jones avatar
Mike JonesBeach Fanatic
#4
Where do you get your info and what answers don't you like? I'm no expert but prices are generally going up and sounds like maybe some people in that neighborhood in no hurry to sell.
Iris avatar
IrisBeach Fanatic
#5
We're considering purchasing a house in Seacrest Beach as a second home. In my search, I'm noticing a few things. One, prices have increased despite an increase in supply. Supply in Seacrest is nearly 14 months! Two, most of the homes are priced well above the comps even though they've been on the market for a huge amount of time. Three, those that have sold usually take at least five months. Any thoughts on the market in Seacrest (or other areas)? This market is not something I’m accustomed to and I don’t like the answers I’m getting from my agent.
Rental Property in rental area or not? Rentals seem to be increasing at a higher rate. And it does look like people sit on them. Size(BR and BA) matter also. Good luck.

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