Lowcountry Real Estate Market Report - May 2021
Posted by Charter One Realty on
As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was at this time last year, and sales prices are surging as a result.
Hilton Head & Mainland Real Estate Market Update - May 2021
For the 12- month period spanning June 2020 through May 2021, pending sales in the Hilton Head region were up 64.4 percent overall. Market-wide, inventory levels were down 73.1 percent. The property type that lost the least inventory was the condo segment, where it decreased 68.9 percent. That amounts to 0.8 months supply for…
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