09/25/2026
Three in five U.S. homes sold below asking in August. New listings reached their highest level in over four years.
August 2026 brought some notable changes to the U.S. housing market: inventory and new listings reached their highest point in more than four years, with cities like San Jose, Nashville, and Seattle leading the way. The median home price climbed 2.2% to $398,596, yet nearly 60% of homes—specifically 59.5%—sold below their asking price as buyers navigated elevated mortgage rates.
As someone who has helped clients successfully buy and sell in varied markets across Hilton Head Island, Bluffton, and the Lowcountry, I’ve seen firsthand how shifts in national trends can influence our unique coastal market. My approach has always centered on strong negotiation and deeply personalized service—qualities that become especially important when homes are lingering longer and buyers are seeking value. Understanding both the numbers and the nuances of our local neighborhoods is key to making the most of any market, whether you’re moving up, downsizing, or investing in a second home. Real estate isn’t just about transactions—it’s about building trust and finding a place where you feel truly at home.
https://www.housing-trends.com/agent-news/jo-anne-rizza/1977109-Three-in-five-U.S.-homes-sold-below-asking-in-August.-New-li