Last Updated on April 26, 2021 by Eric
You’ve likely heard that the real estate market across the country heavily favors home sellers. Values have increased, and inventory is some of the lowest most areas have ever seen. The same can be said for Sunset. The high-end, lakefront community has seen huge price increases in the last year, driving the median home price to $850,000. This is an 11% increase in the last year.
The good news for homeowners in the area is that there are no signs of a shift in the market coming anytime soon. The news isn’t terrible for home buyers. You may have a little more competition when making an offer, but buying a home in Sunset is never a bad idea.
Sunset is in High Demand
Sunset is an exclusive area known for its high-end real estate. There are currently only seventy-five homes for sale in Sunset, and most are all well above the median home price. Buyers continue to come to this area because it is beautiful and a great spot to have a quiet retreat from nearby city life without feeling completely secluded. Sunset has been a long-time vacation destination.
Now since people have more freedom to move around since many workplaces have chosen to let employees work remotely, Sunset and the surrounding areas have become a permanent living choice causing demand in real estate to increase.
What Makes Sunset So Special?
Sunset and all of the Lake Keowee area boasts beautiful scenery, a lively arts and culture scene, and plenty of outdoor activities. Sunset has the most beautiful and luxurious homes in the area. The homes have stunning views of the lake with floor-to-ceiling windows and wrap-around porches, giving you breathtaking views of the lake and the surrounding area. The homes are usually more than 3,000 square feet, so they have more than enough room for the entire family.
Want To Make The Move To Sunset?
If you’ve been to the area before, there is a good chance you have considered purchasing a home here. With interest rates being as low as they are, why not take advantage? The team at Bob Hill Realty is here to show you any home in the area and guide you through the home buying process.
Whether you are looking for a primary residence or second home, we can make the process stress-free. Give us a call to get the process started. Summer is coming soon, but we can get you into a home of your own before then if we start the process soon.
