The Aiken real estate market in 2023 has witnessed changes and opportunities. In this blog post, we’ll analyze the residential sales, median prices, and inventory data for June. Let’s explore the key insights from the Aiken MLS and compare them to the previous year’s statistics.
Sales Volume and Median Prices:
In June 2023, 289 homes were sold in Aiken. However, the year-to-date sales volume decreased by 22.2% compared to last year. The median price rose to $285,000, marking a 1.8% increase from 2022.
Inventory Levels and Market Supply:
Inventory data shows a 16.7% increase in available homes compared to last year. At the end of June 2023, there were 749 active listings, representing about 3 months of inventory.
The Aiken real estate market presents a mixed landscape. Sales volume has declined, but median prices have shown a healthy increase. The rise in inventory levels offers more choices for buyers. Stay informed about market trends to make informed decisions.
Note: Data is derived from the Aiken MLS for June 1-31, 2023. For accurate information, please access the latest market reports. This blog post is for informational purposes only and does not constitute financial advice.