Lowcountry Real Estate Market Report - November 2020
Posted by Charter One Realty on
Hilton Head Area Real Estate Market Report
Housing Supply Outlook - November 2020
Inventory remains constrained in most segments of the market, while buyer activity remains strong. With the holiday season upon us, both buyer and seller activity typically follow seasonal slowdowns before rebounding in the new year. For the 12-month period spanning December 2019 through November 2020, pending sales in the Hilton Head region were up 28.0 percent overall. The price range with the largest gain in sales was the $650,001 and above range, where they increased 86.0 percent.
The overall median sales price was up 13.0 percent to $363,700. The property type with the largest price gain was the condos / villas segment, where prices increased 15.6 percent to…
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