MARKET UPDATE - AUGUST 2025

U.S. existing-home sales rose 2.0% month-over-month and 0.8% year-over-year to a seasonally adjusted annual rate of 4.01 million units, according to the National
Association of REALTORS® (NAR). Economists polled by Reuters had forecast a rate of 3.92 million units. Regionally, sales increased on a monthly basis in the West,
South, and Northeast, but declined in the Midwest.

Nationally, 1.55 million units were listed for sale heading into August, up 0.6% from the previous month and 15.7% higher than the same time last year, representing a
4.6-month supply at the current sales pace, according to NAR. Inventory is now at its highest level since May 2020, a shift that has helped slow price growth in many
markets. As a result, the national median existing-home sales price edged up just 0.2% year-over-year to $422,400.

Read the full report here.

Hilton Head & Bluffton Real Estate Market Update - August 2025

Below is the current state of the real estate market for the Hilton Head Association of REALTORS® service area, comparing year-to-date (YTD) figures from this year to the same period last year. Despite some challenges, there have been several encouraging trends that indicate resilience and opportunities in the market.

For the 12-month period spanning September 2024 through August 2025, Pending Sales in the Hilton Head Association of REALTORS® region were up 4.5 percent
overall. The price range with the largest pending sales gain was the $1,000,001 and Above range, where sales were up 17.7 percent.

with the largest gain was the Condos segment, where the number of properties for sale rose 29.1 percent. That amounts to 4.2 months of inventory for Single-Family Homes and 5.8 months of inventory for Condos.

Hilton Head Island Homes- Real Estate Market Snapshot - August 2025

Year to date in 2025, new listings of homes for sale on Hilton Head were up +17.4% overall. Month-over-month, closed home sales on Hilton Head were up +6.8%, and the median sales price increased +1.7%. Cumulative Days on Market Until Sale increased +112.0% from 45 days on the market to 94 days on the market. Compared to last August, inventory of homes for sale increased +34.6% to 257 homes for sale in August 2025.

Hilton Head Island Condos/Villas - Real Estate Market Snapshot - August 2025

Year to date in 2025, new listings of condos/villas for sale on Hilton Head were up +8.4% overall. Month-over-month, closed condo/villas sales on Hilton Head increased +37.7%, and the median sales price decreased -2.1%. Cumulative Days on Market Until Sale increased +107.5% percent from 63 days on the market to 130 days on the market. Compared to last August, inventory of condos for sale increased +19.5% percent with 417 villas for sale in August 2025.

Mainland Homes (29910 and 29909) - Real Estate Market Snapshot - August 2025

Year to date in 2025, new listings of homes for sale on the Mainland were up +1.5% overall. Month-over-month, closed home sales on the Mainland increased +4.7%, and the median sales price increased +9.2%. Cumulative Days on Market Until Sale increased +163.0% from 46 days on the market to 121 days on the market. Compared to last August, inventory of homes for sale rose +26.0% to 799 homes for sale in August 2025.

See the full Bluffton report here.

Beaufort Real Estate Market Update - August 2025

Amidst the ever-changing landscape, the Beaufort-Jasper County real estate market stands strong and vibrant. Here is an overview of the year-to-date figures, comparing this year's performance to the same period last year, and we're delighted to share that the market is displaying remarkable resiliency.

Year-over-year, New Listings were up +21.7% to 2,724. Month-over-month, Pending Sales increased +28.0% to 247. Inventory grew +57.2%  to 1,206 units.

Median Sales Price was down -1.8% percent to $432,950. Days on Market increased +18.6% to 115 days. Months Supply of Inventory was up +41.7% to 5.1 months from 3.6.

Read the full Beaufort report here.

Savannah Area Real Estate Market Update - August 2025