Lowcountry Real Estate Market Report - June 2020
Posted by Charter One Realty on
Hilton Head Area Real Estate Market Report
Housing Supply Outlook - June 2020
Nationally, June showing activity as tracked by ShowingTime was up notably from the COVID-19 depressed levels in recent months but was also up from June 2019, reflecting pent-up demand by prospective home buyers. While buyer activity continues to be robust, seller activity continues to be a bit softer, with fewer homes being listed for sale than a year ago. Until sellers regain confidence, housing inventory will continue to be constrained during what is expected to be an active summer selling season. For the 12-month period spanning July 2019 through June 2020, Pending Sales in the Hilton Head region were up 7.8 percent overall. The price range with the largest gain in…
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