A quarter of more deals at steadier prices.
Q2 produced the clearest year-over-year story of this year so far: ten percent more closings, twelve percent more dollar volume, and median pricing about nine percent below last spring. That spread says the typical Hurricane home traded at a slightly lower price point than last year, while the absolute number of homes changing hands grew. The supply shelf ran a quarter deeper than last Q2, and the pipeline held essentially even with last year.
The internal arc of the quarter mattered. April thinned the pipeline; May rebuilt it; June converted it. Sales grew progressively through the quarter, while the median moved in a narrow band. By June the absorption rate had moved high enough to keep balance with the supply build. For the short read on where your home would price into this, my what is my home worth in Hurricane page is the fastest place to start.