As you can see, many buyers searching for their dream homes have turned to new home construction after 10% of all new home buyers stated that their reason for buying was that they were met with a lack of inventory of existing homes. The median home price decreased slightly from Septembers high of $314,100 to $304,500 in October. Also, several southern states, including South Carolina, saw a significant month over month jump in sales at 17.9%. Whether you are buying or selling, we can help you reach your goals in such a competitive market. For more information contact us at (864)341-7774 or email us at lakegreenwoodproperty@gmail.com to discuss your next steps.