Monthly Market Report The Sun City Hilton Head

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New listings are down 22% compared to June 2022 . The lack of new listings has also reduced the number of closed sales which is down 26% to 53 when comparing the same numbers from a year ago. The median price is up 14% from a year ago and the number of homes is still low at 68, but it’s still a whopping 353% higher than the same period last year. For buyers, this presents an opportunity to negotiate terms more easily than they could have a year ago. Meanwhile, sellers can take advantage of this market to capitalize on the current prices, which are still close to historic highs. If you are interested, feel free to contact me for a complimentary detailed market analysis and valuable insights on how to navigate this market successfully.