+ 18.4 % + 15.8 % + 1.5 %
Housing Supply Overview
A RESEARCH TOOL PROVIDED BY SOUTH CAROLINA REALTORS ®
May 2025
U. S. sales of new residential homes rose 10.9 % month-over-month and 3.3 % year-over-year to a seasonally adjusted annual rate of 743,000 units, according to the U. S. Census Bureau. Economists polled by Reuters had forecast sales declining to a rate of 693,000 units for the month. There were an estimated 504,000 new homes for sale heading into May, for an 8.1-month supply at the current sales pace. For the 12- month period spanning June 2024 through May 2025, Pending Sales in the Hilton Head Association of REALTORS ® region decreased 0.9 percent overall. The price range with the largest pending sales gain was the $ 1,000,001 and Above range, where sales increased 18.4 percent.
The overall Median Sales Price improved 2.8 percent to $ 549,945. The property type with the largest gain was the Single-Family Homes segment, where prices went up 3.4 percent to $ 589,000. The price range that tended to sell the quickest was the $ 750,001 to $ 1,000,000 range at 49 days. The price range that tended to sell the slowest was the $ 150,000 and Below range at 94 days.
Quick Facts
+ 18.4 % + 15.8 % + 1.5 %
Price Range with Strongest Sales: $ 1,000,001 and Above
Bedroom Count with Strongest Sales: 4 Bedrooms or More
Property Type With Strongest Sales: Single-Family Homes
Pending Sales |
2 |
Closed Sales |
3 |
Days On Market Until Sale |
4 |
Median Sales Price |
5 |
Percent of List Price Received |
6 |
Inventory of Homes for Sale |
7 |
Months Supply of Inventory |
8 |
Market-wide, inventory levels rose 29.1 percent. The property type with the largest gain was the Condos segment, where the number of properties for sale were up 33.9 percent. That amounts to 4.5 months of inventory for Single-Family Homes and 6.0 months of inventory for Condos.
Current as of June 10, 2025. Data © 2025 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS ®. | Report © 2025 ShowingTime Plus, LLC.