Have you wondered how to know if it's a buyers or sellers market? And what does that even mean to you? In this market update, we break down the latest real estate statistics through September 2024 and talk about the crucial "monthly housing supply" metric, which is now at 4 months (up from 2 months last year) in our local market area, and what this means for buyers and sellers.
Key insights covered:
• How to interpret monthly housing supply in different market segments
• Tips for buyers and sellers in all 3 market scenarios (buyer, seller, or balanced markets)
• Impact of current market distractions (elections and regional storms)
• Why the Lowcountry remains an attractive market to own real estate
Whether you're buying, selling, or just keeping tabs on your property investment, this video provides actionable insights into current market conditions and strategies for success in different market segments.
Real estate market statistics through September 2024
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