Things are looking up for sellers in the South! NAR’s latest existing Homes Sales report shows Southern home prices are up 7% year over year and home sales are up 9.6%!
NAR’s Report Highlights:
- Existing Home Sales are up 10.3% year-over-year across the country.
- Sales rose to an annual rate of 5.59 million marking the 10th month in a row of year-over-year gains
- Home Prices are up 5.6% year-over-year in the U.S. to a median price of $234,000
- Marked the 41st consecutive month of year-over year price gains
Contact Jo Anne or Tony Rizza at 843-301-5825 to evaluate your current home’s market value or to view other great real estate properties in the Hilton Head Island/Bluffton area!
Hilton Head Real Estate Partners
Partnering with you every step of the way.