Hillbrook is currently tilted toward sellers, with the market gauge at 13 and labeled a Seller's Market. Fewer homes are available, with inventory at 29, down 6.45% since last month and 19.44% over the past year. At the same time, typical home values have climbed to about $314,510, up 10.11% year over year, helping explain the seller-friendly conditions.
Price trends show steady upward movement, with the typical home value rising 0.73% just since January and the median list price reaching $345,000, up 2.44% month over month. Homes are taking time to sell at a median of 132 days on market, yet only about 7% are closing above list price and the average sale-to-list ratio sits near 0.98, suggesting buyers still negotiate but not by large margins.
Fewer new options are coming online, with only 23 new listings in February and a sharp 50% drop in new listings compared to last year, while pending sales have fallen 32.35%, reflecting a slower pace of signed contracts. Compared with Spartanburg overall, where typical values are closer to $200,000 and projected to edge down to $196,250, Hillbrook remains the higher-priced pocket with more stable value projections, including a forecast typical value of about $315,645 and a projected median list price around $349,105 next month. In this environment, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local agent who understands these neighborhood dynamics.
