Monday, November 15, 2021 / by Sonya Reiselt
The real estate market in Beaufort continues to be strong for sellers! The inventory of available homes remains at record lows while buyers are plentiful and looking for homes to purchase. October stats were as follows:
New Listings to the Market: 254
Pending Listings: 256
Sold Properties: 225
Median List Price: $389,590 (10/21) $329,900 (10/20) +18.09 (YOY)
Median Sold Price: $381,798 (10/21) $295,000 (10/20) +23.8 (YOY)
Median Days on the Market: 52 (10/21) 84 (10/20) -38.10 (YOY)
Absorption Rate: 1.38 (10/21) 3.48 (10/20) -60.34
If you are still considering selling this year, let's talk. Take advantage of the great seller's market and your home equity. I'm here to help any way I can.
Would you like to know what your home is worth in the market today? Get a FREE, no-obligation HOME VALUE ANALYSIS for your property HERE.