MARKET UPDATE - September 2025

U.S. existing-home sales were virtually unchanged from the previous month, dipping just 0.2% to a seasonally adjusted annual rate of 4.0 million units, according to the National Association of REALTORS® (NAR). Most of these transactions went under contract in June and July, when mortgage rates were 40 to 50 basis points higher than current levels. Year-over-year, sales increased 1.8%, with the strongest activity occurring in the Midwest, where the typical home price is 22% below the national median.

Nationally, housing inventory declined for the first time this year, slipping 1.3% month-over-month to 1.53 million units, representing a 4.6-month supply at the current sales pace, according to NAR. Despite the monthly drop, total inventory remained 11.7% higher than the same time last year. Meanwhile, the median existing-home price rose 2% year-over-year to $422,600, though it was essentially flat compared to the prior month.

Read the full report here.

Hilton Head & Bluffton Real Estate Market Update - September 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 October 2024 through September 2025, Pending Sales in the Hilton Head Association of REALTORS® region went up 8.4 percent overall. The price range with the largest pending sales gain was the $1,000,001 and Above range, where sales increased 17.2 percent.

Market-wide, inventory levels increased 19.5 percent. The property type with the largest gain was the Single-Family Homes segment, where the number of properties for sale went up 18.7 percent. That amounts to 4.1
months of inventory for Single-Family Homes and 5.5 months of inventory for Condos.

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

Year to date in 2025, new listings of homes for sale on Hilton Head were up +18.5% overall. Month-over-month, closed home sales on Hilton Head were up +19.4%, and the median sales price increased +8.2%. Cumulative Days on Market Until Sale increased +77.2% from 69 days on the market to 122 days on the market. Compared to last September, inventory of homes for sale increased +29.1% to 253 homes for sale in September 2025.

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

Year to date in 2025, new listings of condos/villas for sale on Hilton Head were up +9.6% overall. Month-over-month, closed condo/villas sales on Hilton Head increased +29.3%, and the median sales price decreased -9.9%. Cumulative Days on Market Until Sale increased +63.5% from 75 days on the market to 122 days on the market. Compared to last September, inventory of condos for sale increased +16.7% with 412 villas for sale in September 2025.

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

Year to date in 2025, new listings of homes for sale on the Mainland were up +14.9% overall. Month-over-month, closed home sales on the Mainland increased +23.4%, and the median sales price increased +1.8%. Cumulative Days on Market Until Sale increased +96.9% from 64 days on the market to 126 days on the market. Compared to last September, inventory of homes for sale rose +19.1% to 791 homes for sale in September 2025.

See the full Bluffton report here.

Beaufort Real Estate Market Update - September 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 +21.2% to 3,005. Month-over-month, Pending Sales increased +38.50% to 259. Inventory grew +48.8%  to 1,193 units.

Median Sales Price was up +0.2% to $418,531. Days on Market increased +2.5% to 121 days. Months Supply of Inventory was up +28.9% to 3.8 months from 4.9.

Read the full Beaufort report here.

Savannah Area Real Estate Market Update - September 2025