High-end deals returned. The clock kept stretching.
September brought the first year-over-year median increase in Hurricane since spring, and the first meaningful return of the high end since June. The average sale price jumped thirteen percent on essentially flat sales count, which says the mix included upper-tier deals at a rate the summer months did not. The middle of the market kept transacting at last year's pace; the addition was at the top.
The pipeline grew strongly. Under-contract homes ran forty seven percent above last September. New listings finally cooled, coming in just nine percent above last year after two months of dramatic year-over-year growth. The shelf depth stayed high, but the absorption rate looks ready to start drawing it down. 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.