Carolina Ridge is a condominium development situated in the beautiful Myrtle Beach, South Carolina. The development, built in approximately 1983, offers comfortable living spaces perfect for families, retirees, or individuals looking to experience the beach lifestyle. Myrtle Beach is known for its stunning beaches, world-class golf courses, and diverse dining options that make it a top tourist destination.
The real estate market trends in Carolina Ridge show a relatively stable and steady growth in average asking and closing prices. In 2023, the average asking price was $195,000 and the average closing price was $198,000. However, in 2024, the average asking price increased to $224,900, and the average closing price rose to $208,000.
Moreover, the development is a perfect place for those looking for affordable prices and an excellent location. The city's unique features, friendly locals, and sunny weather add more reasons to live in Carolina Ridge. In addition, the real estate trends in the area depict a promising potential for appreciation in property value. These factors make the development an excellent choice for those looking for a place to call home in the Myrtle Beach area.
The following are recent closing in Carolina Ridge. The average closing price per square foot is $162.67
Date Closed | Closing Price | Square Feet | Price Per Square Foot |
---|---|---|---|
12/23/2024 | $229,000 | 1332 | $171.92 |
12/12/2024 | $220,000 | 1332 | $165.17 |
11/12/2024 | $190,000 | 1332 | $142.64 |
10/31/2024 | $232,900 | 1350 | $172.52 |
10/16/2024 | $174,000 | 1080 | $161.11 |