MARKET UPDATE - JUNE 2025

U.S. existing-home sales edged up 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million units, exceeding economists’ expectations, although sales were down 0.7% year-over-year, according to the National Association of REALTORS® (NAR). On a monthly basis, sales increased in the Midwest, Northeast, and South but decreased in the West.

Heading into June, there were 1.54 million units for sale across the country, a 6.2% increase from the previous month and a 20.3% improvement over the same period last year, representing a 4.6-month supply at the current sales pace, according to NAR. Despite the additional supply, home prices have continued to rise nationwide, albeit at a slower pace than during the pandemic, climbing 1.3% year-over-year to $422,800 as of last measure.

Read the full report here.

Hilton Head & Bluffton Real Estate Market Update - June 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.

Market-wide, inventory levels increased 28.8 percent. The property type with the largest gain was the Single-Family Homes segment, where the number of properties for sale improved 29.9 percent. That amounts to 4.4 months of inventory for Single-Family Homes and 5.7 months of inventory for Condos.

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

Year to date in 2025, new listings of homes for sale on Hilton Head were up +20.1% overall. Month-over-month, closed home sales on Hilton Head were up +7.5%, and the median sales price increased +2.1%. Cumulative Days on Market Until Sale increased +13.4% from 50 days on the market to 57 days on the market. Compared to last June, inventory of homes for sale increased +30.0% to 269 homes for sale in June 2025.

Hilton Head Island Condos/Villas - Real Estate Market Snapshot - June 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 decreased -10.6%, and the median sales price decreased -9.0%. Cumulative Days on Market Until Sale increased +49.0% percent from 54 days on the market to 80 days on the market. Compared to last June, inventory of condos for sale increased +25.8% percent with 405 villas for sale in June 2025.

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

Year to date in 2025, new listings of homes for sale on the Mainland were up +15.6% overall. Month-over-month, closed home sales on the Mainland increased +1.4%, and the median sales price decreased -7.6%. Cumulative Days on Market Until Sale increased +41.7% from 48 days on the market to 68 days on the market. Compared to last June, inventory of homes for sale rose +30.5% to 825 homes for sale in June 2025.

See the full Bluffton report here.

Beaufort Real Estate Market Update - June 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 +26.5% to 2,138. Month-over-month, Pending Sales increased +26.7% to 275. Inventory grew +84.5%  to 1,218 units.

Median Sales Price was down -1.0% percent to $435,000. Days on Market increased +16.2% to 122 days. Months Supply of Inventory was up +76.7% to 5.3 months from 3.0.

Read the full Beaufort report here.

Savannah Area Real Estate Market Update - June 2025