Page 1

THE STATE

C O S M O IN O G N

Our Portfolio of Fine Properties in Hampton Lake

of the Hampton Lake Real Estate Market

February 2018

KEY METRICS

January 2018 in Review

In Hampton Lake, nine homes sold in the month of January, vs. eight homes in January of 2017. Six of the homes that closed were new build and three were resale properties. If we take the new builds out of the equation, the sale to list price ratio is 96%. Days on market for RESALE homes is at 152 days. As of February 8th, there are 37 single family homes for sale. We are still averaging 11 home sales per month over the last six months. This translates into a 3.2 month supply, which makes it a seller’s market. There are currently 21 homes under contract, three of which are resale homes, the remaining are new builds.

9

$458,450

96%

152

Total Sales

Median Price

Sale to List Price

Median Days on Market

Offered at Less Than $650,000

N M E A W R T K O E T

N M E A W R T K O E T

Custom Home Built by the 2017 Home Builders Association’s Premier Builder of the Year

Greater Bluffton Real Estate Market Overview

Least Expensive Lakefront Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for someone that wants a quintessential Southern style home with front porches, detached garage, with your own custom interior touches. If you have always dreamed of building your own cottage with amazing view down the lake, now is the time to take advantage of this pricing. Act now! 17 Blue Trail Court, Hampton Lake Lot | 0.25 Acres | Lake View | $145,000

Least Expensive Wooded Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for the buyer that appreciates quintessential Southern architecture with detached garages, front porches, and custom interior touches. Located in the River Ridge School District and May River High School district, Hampton Lake is central to everything Bluffton has to offer. Build your dream home today! 28 Blue Trail Court, Hampton Lake Lot | 0.22 Acres | Wooded View | $75,800

The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped 15 clients buy and sell properties in the community. Contact us for a complimentary home valuation and discover how we can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.

Tisha Chafer, Real Estate Advisor Tanner Sutphin, Real Estate Advisor Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton

Telephone • 843-384-1645 | 843-384-3006 Email • tisha.chafer@evusa.com tanner.sutphin@evusa.com Website • www.chafersutphingroup.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

PRSRT STD US POSTAGE PAID Permit 73

CHAFER SUTPHIN GROUP

711 How’s the Bluffton Real Estate Market Doing?

YTD Greater Bluffton Home Sales YTD Through January 31 for Each Year

The Chafer Sutphin Group has recently listed 12 lots in Hampton Lake, with lakefront lots starting at $118,708 and wooded lots starting at $75,800.

COMMUNITY SPECIALIST

ACTIVE LISTINGS IN GREATER BLUFFTON

Hilton Head Is., SC

Year

Number of Homes Sold

Median Price

2013

104

$246,000

2014

98

$235,000

2015

85

$237,000

2016

136

$280,000

2017

103

$305,000

2018

132

$302,000

The Greater Bluffton housing market continues to be on fire, and ever so close to the all-time January record set in 2016, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, January homes sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2005 at 77 sales. In January 2018 though, an extraordinary 132 homes were sold, bettering the pre-recession peak by 71%. As you can see from the chart to the left, only 2016 was better with 136 homes sold. The median price did drop a statistically insignificant 1% compared to January 2017; however, home sale prices in the last two years have been at the highest levels in the history of our area. With today’s historically low interest rates, prices rising and more growth coming to the area, it is an extraordinary time to invest in real estate in our area. This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through February 7, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.

CHAFER SUTPHIN GROUP


Hampton Lake Home and Villa Listings TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET Active 506 Hampton Lake Drive Wooded 4 2 1 2,120 2017 $389,900 --59 Active 503 Hampton Lake Drive Wooded 3 3 1 2,417 2017 $398,773 --155 Active 27 Sweet Marsh Court Wooded 3 3 0 2,586 2010 $419,000 --80 Active 395 Lake Bluff Drive Wooded 4 3 1 3,234 2017 $479,990 --218 Active 206 Castaway Drive W Lake 3 2 1 2,271 2017 $498,860 --100 Active 202 Castaway Drive Lake 3 2 1 2,342 2017 $500,850 --114 Active 402 Lake Bluff Drive Wooded 3 3 0 3,267 2016 $530,000 --128 Active 214 Castaway Drive W Lake 3 2 1 2,588 2017 $539,650 --93 Active 36 Green Trail Court Wooded 3 3 0 2,744 2016 $539,900 --142 Active 210 Castaway Drive W Lake 4 3 1 2,710 2017 $540,789 --130 Active 25 Green Trail Court Wooded 3 3 0 2,436 2016 $559,000 --99 Active 235 Hampton Lake Drive Wooded 3 3 0 2,951 2018 $589,000 --56 Active 295 Hampton Lake Drive Wooded 3 3 0 2,951 2017 $599,000 --281 Active 137 Flatwater Drive Wooded 3 2 1 2,703 2017 $599,000 --136 Active 461 Hampton Lake Drive Wooded 3 3 0 2,765 2017 $609,000 --115 Active 18 Balsam Bay Court Wooded 3 2 1 2,721 2018 $610,000 --56 Active 115 Hampton Lake Crossing Wooded 3 4 0 2,817 2017 $625,000 --167 Active 21 Waterview Court Lake 3 3 1 2,602 2013 $654,000 --108 Active 11 Driftwood Court W Landscape 4 4 0 3,620 2016 $655,000 --3 Active 8 Harborage Court Lake 4 4 0 3,109 2008 $675,000 --180 Active 440 Hampton Lake Drive Wooded 3 3 1 3,033 2011 $699,900 --318 Active 31 Mooring Line Court Lake 4 4 0 2,879 2017 $699,900 --155 Active 14 Harborage Court Lake 3 3 0 3,200 2014 $829,000 --3 Active 519 Lake Bluff Drive Lake 3 3 1 2,890 2017 $846,127 --98 Active 75 Hampton Lake Drive Pool, Wooded 4 4 2 4,088 2007 $984,900 --163 Active 34 Sweet Marsh Ct Lake 4 3 1 4,028 2008 $995,000 --2 Active 24 Palmetto Cove Court Lake 4 3 2 3,948 2013 $1,595,000 --240 Pending 242 Castaway Drive W Lake 3 2 1 2,588 2017 $444,089 --2 Pending 6 Harborage Court Lake 4 3 1 3,200 2013 $675,000 --250 Pending 483 Hampton Lake Drive Wooded 4 4 0 3,800 2015 $830,000 --3

STATUS

ADDRESS

VIEW

Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between August 1, 2017 and January 31, 2018

KEY TRENDS

Freddie Mac Mortgage Rates - 30 Year Fixed Rate Source: Freddie Mac, January 2018

2018 2015

2016

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET 90 Fording Court Wooded 2 2 0 1,647 2017 $329,990 $327,990 93 85 Fording Court Wooded 3 3 0 2,135 2017 $352,130 $352,130 2 9 Fording Court Wooded 3 3 0 2,331 2016 $359,000 $350,000 346 21 Fording Court Wooded 2 2 0 1,924 2016 $359,000 $345,000 406 48 Fording Court Wooded 3 3 0 2,135 2017 $363,550 $391,686 2 8 Fording Court Wooded 2 2 0 2,331 2016 $369,900 $349,000 339 311 Hampton Lake Crossing Lagoon/Canal 2 2 0 1,540 2011 $394,900 $389,000 94 38 Foxpath Lane Landscape 3 2 0 2,002 2017 $403,990 $399,000 149 9 Sweet Marsh Ct Wooded 3 3 0 2,615 2009 $419,000 $395,000 39 4 Fording Court Wooded 4 3 0 2,968 2007 $440,000 $411,000 179 18 Little Pine Court Wooded 3 3 0 2,430 2017 $459,990 $450,000 189 22 Little Pine Court Wooded 3 3 0 2,430 2016 $464,990 $445,000 260 16 Little Pine Court Wooded 3 3 0 2,430 2017 $469,490 $460,000 183 14 Green Trail Court Wooded 3 3 0 2,670 2015 $479,990 $470,000 83 29 Little Pine Court Wooded 2 2 1 2,123 2014 $510,000 $510,000 9 47 Foxpath Lane Lake 3 3 1 3,234 2017 $510,214 $506,243 2 35 Sweet Marsh Court Wooded 3 2 2 3,774 2008 $524,900 $515,000 325 11 Palmetto Cove Court Wooded 4 4 0 3,289 2008 $525,000 $522,000 34 323 Lake Bluff Drive Lake 3 3 1 3,239 2017 $528,425 $528,425 2 21 Driftwood Court W Landscape 3 2 0 2,642 2017 $535,900 $529,500 32 218 Castaway Drive W Lake 3 2 1 2,550 2017 $537,630 $537,630 39 49 Palmetto Cove Court Wooded 3 3 0 2,721 2017 $569,000 $535,000 160 40 Waterview Court Lake 3 3 0 2,835 2017 $592,000 $609,765 2 470 Hampton Lake Drive Lake 4 3 0 2,740 2013 $599,000 $550,000 219 5 Lakewood Court Wooded 3 3 1 2,585 2017 $599,650 $589,360 103 11 Waterview Court Lake 3 3 0 2,369 2017 $616,250 $603,000 52 111 Hampton Lake Crossing Lake 3 4 0 2,821 2016 $629,900 $629,900 353 229 Hampton Lake Drive Wooded 4 3 1 3,175 2015 $634,880 $610,000 30 19 Hampton Lake Crossing Lake 3 3 0 2,765 2017 $649,000 $640,000 293 39 Blue Trail Court Lake 4 4 0 3,073 2010 $649,000 $640,000 506 309 Hampton Lake Dr Wooded 3 3 0 2,974 2015 $649,900 $635,000 125 33 Waterview Court Lake 3 3 0 2,610 2015 $664,500 $652,000 95 21 Hampton Lake Crossing Lake 3 3 1 2,888 2017 $679,000 $655,000 284 5 Waterview Court Lake 3 3 0 2,614 2010 $679,990 $670,000 182 154 Hampton Lake Dr Lake 3 2 2 2,759 2013 $685,000 $670,000 14 50 Waterview Court Lake 4 3 0 2,853 2017 $685,700 $678,000 119 9 Hampton Lake Crossing Lake 3 3 1 3,310 2008 $689,000 $683,150 98 136 Flatwater Drive Lake 3 2 1 2,703 2016 $749,000 $745,000 361 5 Grassy Cove Ct Lake 3 3 1 2,968 2013 $784,900 $784,900 13 26 Balsam Bay Court Wooded 4 4 0 3,881 2016 $829,990 $800,000 57 15 Anchor Cove Court Lake 4 4 0 3,281 2014 $849,000 $795,000 76 427 Lake Bluff Drive Lake 3 3 0 3,099 2016 $849,000 $812,900 266 152 Hampton Lake Drive Lake, Pool 4 3 0 3,267 2007 $875,000 $850,000 422 128 Flatwater Drive Lake 3 4 0 3,642 2016 $927,440 $850,000 320 144 Flatwater Drive Lake 3 4 1 3,741 2016 $994,900 $925,000 437

TECH FOCUS

ADDRESS

VIEW

Extensive Domestic & Global Exposure (EDGE™) Smart Marketing, Extensive Exposure, and Tailored Strategies to Sell Your Home

2017

ACTUAL PROJECTED

RATE

STATUS

2015 Q1

2015 Q2

2015 Q3

2015 Q4

2016 Q1

2016 Q2

2016 Q3

2016 Q4

2017 Q1

2017 Q2

2017 Q3

2017 Q4

2018 Q1

2018 Q2

2018 Q3

2018 Q4

3.7%

3.8%

4.0%

3.9%

3.7%

3.6%

3.5%

3.8%

4.2%

4.0%

3.9%

3.9%

4.1%

4.3%

4.4%

4.6%

How Did We Finish 2017?

Global reach with boutique style is what you can expect when working with Engel & Völkers here and around the world - and we’ve sharpened our EDGE. Committed to delivering the highest level of customer service, we provide Extensive Domestic & Global Exposure (EDGE) designed to maximize exposure of your listing to qualified, targeted buyers worldwide with the utmost care and competency. • Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month • A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world

1. New-home sales are at the highest level in a decade.

• White-glove professionalism and local market expertise of your dedicated Advisor

2. Sales of previously owned homes are at the highest level in more than a decade.

Let us provide the EDGE you need to sell your home. Contact the Chafer Sutphin Group for a complimentary, no-obligation home valuation.

3. Starts of single-family homes are the strongest in a decade and applications to build such properties advanced to the fastest pace since August 2007.


Hampton Lake Home and Villa Listings TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET Active 506 Hampton Lake Drive Wooded 4 2 1 2,120 2017 $389,900 --59 Active 503 Hampton Lake Drive Wooded 3 3 1 2,417 2017 $398,773 --155 Active 27 Sweet Marsh Court Wooded 3 3 0 2,586 2010 $419,000 --80 Active 395 Lake Bluff Drive Wooded 4 3 1 3,234 2017 $479,990 --218 Active 206 Castaway Drive W Lake 3 2 1 2,271 2017 $498,860 --100 Active 202 Castaway Drive Lake 3 2 1 2,342 2017 $500,850 --114 Active 402 Lake Bluff Drive Wooded 3 3 0 3,267 2016 $530,000 --128 Active 214 Castaway Drive W Lake 3 2 1 2,588 2017 $539,650 --93 Active 36 Green Trail Court Wooded 3 3 0 2,744 2016 $539,900 --142 Active 210 Castaway Drive W Lake 4 3 1 2,710 2017 $540,789 --130 Active 25 Green Trail Court Wooded 3 3 0 2,436 2016 $559,000 --99 Active 235 Hampton Lake Drive Wooded 3 3 0 2,951 2018 $589,000 --56 Active 295 Hampton Lake Drive Wooded 3 3 0 2,951 2017 $599,000 --281 Active 137 Flatwater Drive Wooded 3 2 1 2,703 2017 $599,000 --136 Active 461 Hampton Lake Drive Wooded 3 3 0 2,765 2017 $609,000 --115 Active 18 Balsam Bay Court Wooded 3 2 1 2,721 2018 $610,000 --56 Active 115 Hampton Lake Crossing Wooded 3 4 0 2,817 2017 $625,000 --167 Active 21 Waterview Court Lake 3 3 1 2,602 2013 $654,000 --108 Active 11 Driftwood Court W Landscape 4 4 0 3,620 2016 $655,000 --3 Active 8 Harborage Court Lake 4 4 0 3,109 2008 $675,000 --180 Active 440 Hampton Lake Drive Wooded 3 3 1 3,033 2011 $699,900 --318 Active 31 Mooring Line Court Lake 4 4 0 2,879 2017 $699,900 --155 Active 14 Harborage Court Lake 3 3 0 3,200 2014 $829,000 --3 Active 519 Lake Bluff Drive Lake 3 3 1 2,890 2017 $846,127 --98 Active 75 Hampton Lake Drive Pool, Wooded 4 4 2 4,088 2007 $984,900 --163 Active 34 Sweet Marsh Ct Lake 4 3 1 4,028 2008 $995,000 --2 Active 24 Palmetto Cove Court Lake 4 3 2 3,948 2013 $1,595,000 --240 Pending 242 Castaway Drive W Lake 3 2 1 2,588 2017 $444,089 --2 Pending 6 Harborage Court Lake 4 3 1 3,200 2013 $675,000 --250 Pending 483 Hampton Lake Drive Wooded 4 4 0 3,800 2015 $830,000 --3

STATUS

ADDRESS

VIEW

Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between August 1, 2017 and January 31, 2018

KEY TRENDS

Freddie Mac Mortgage Rates - 30 Year Fixed Rate Source: Freddie Mac, January 2018

2018 2015

2016

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET 90 Fording Court Wooded 2 2 0 1,647 2017 $329,990 $327,990 93 85 Fording Court Wooded 3 3 0 2,135 2017 $352,130 $352,130 2 9 Fording Court Wooded 3 3 0 2,331 2016 $359,000 $350,000 346 21 Fording Court Wooded 2 2 0 1,924 2016 $359,000 $345,000 406 48 Fording Court Wooded 3 3 0 2,135 2017 $363,550 $391,686 2 8 Fording Court Wooded 2 2 0 2,331 2016 $369,900 $349,000 339 311 Hampton Lake Crossing Lagoon/Canal 2 2 0 1,540 2011 $394,900 $389,000 94 38 Foxpath Lane Landscape 3 2 0 2,002 2017 $403,990 $399,000 149 9 Sweet Marsh Ct Wooded 3 3 0 2,615 2009 $419,000 $395,000 39 4 Fording Court Wooded 4 3 0 2,968 2007 $440,000 $411,000 179 18 Little Pine Court Wooded 3 3 0 2,430 2017 $459,990 $450,000 189 22 Little Pine Court Wooded 3 3 0 2,430 2016 $464,990 $445,000 260 16 Little Pine Court Wooded 3 3 0 2,430 2017 $469,490 $460,000 183 14 Green Trail Court Wooded 3 3 0 2,670 2015 $479,990 $470,000 83 29 Little Pine Court Wooded 2 2 1 2,123 2014 $510,000 $510,000 9 47 Foxpath Lane Lake 3 3 1 3,234 2017 $510,214 $506,243 2 35 Sweet Marsh Court Wooded 3 2 2 3,774 2008 $524,900 $515,000 325 11 Palmetto Cove Court Wooded 4 4 0 3,289 2008 $525,000 $522,000 34 323 Lake Bluff Drive Lake 3 3 1 3,239 2017 $528,425 $528,425 2 21 Driftwood Court W Landscape 3 2 0 2,642 2017 $535,900 $529,500 32 218 Castaway Drive W Lake 3 2 1 2,550 2017 $537,630 $537,630 39 49 Palmetto Cove Court Wooded 3 3 0 2,721 2017 $569,000 $535,000 160 40 Waterview Court Lake 3 3 0 2,835 2017 $592,000 $609,765 2 470 Hampton Lake Drive Lake 4 3 0 2,740 2013 $599,000 $550,000 219 5 Lakewood Court Wooded 3 3 1 2,585 2017 $599,650 $589,360 103 11 Waterview Court Lake 3 3 0 2,369 2017 $616,250 $603,000 52 111 Hampton Lake Crossing Lake 3 4 0 2,821 2016 $629,900 $629,900 353 229 Hampton Lake Drive Wooded 4 3 1 3,175 2015 $634,880 $610,000 30 19 Hampton Lake Crossing Lake 3 3 0 2,765 2017 $649,000 $640,000 293 39 Blue Trail Court Lake 4 4 0 3,073 2010 $649,000 $640,000 506 309 Hampton Lake Dr Wooded 3 3 0 2,974 2015 $649,900 $635,000 125 33 Waterview Court Lake 3 3 0 2,610 2015 $664,500 $652,000 95 21 Hampton Lake Crossing Lake 3 3 1 2,888 2017 $679,000 $655,000 284 5 Waterview Court Lake 3 3 0 2,614 2010 $679,990 $670,000 182 154 Hampton Lake Dr Lake 3 2 2 2,759 2013 $685,000 $670,000 14 50 Waterview Court Lake 4 3 0 2,853 2017 $685,700 $678,000 119 9 Hampton Lake Crossing Lake 3 3 1 3,310 2008 $689,000 $683,150 98 136 Flatwater Drive Lake 3 2 1 2,703 2016 $749,000 $745,000 361 5 Grassy Cove Ct Lake 3 3 1 2,968 2013 $784,900 $784,900 13 26 Balsam Bay Court Wooded 4 4 0 3,881 2016 $829,990 $800,000 57 15 Anchor Cove Court Lake 4 4 0 3,281 2014 $849,000 $795,000 76 427 Lake Bluff Drive Lake 3 3 0 3,099 2016 $849,000 $812,900 266 152 Hampton Lake Drive Lake, Pool 4 3 0 3,267 2007 $875,000 $850,000 422 128 Flatwater Drive Lake 3 4 0 3,642 2016 $927,440 $850,000 320 144 Flatwater Drive Lake 3 4 1 3,741 2016 $994,900 $925,000 437

TECH FOCUS

ADDRESS

VIEW

Extensive Domestic & Global Exposure (EDGE™) Smart Marketing, Extensive Exposure, and Tailored Strategies to Sell Your Home

2017

ACTUAL PROJECTED

RATE

STATUS

2015 Q1

2015 Q2

2015 Q3

2015 Q4

2016 Q1

2016 Q2

2016 Q3

2016 Q4

2017 Q1

2017 Q2

2017 Q3

2017 Q4

2018 Q1

2018 Q2

2018 Q3

2018 Q4

3.7%

3.8%

4.0%

3.9%

3.7%

3.6%

3.5%

3.8%

4.2%

4.0%

3.9%

3.9%

4.1%

4.3%

4.4%

4.6%

How Did We Finish 2017?

Global reach with boutique style is what you can expect when working with Engel & Völkers here and around the world - and we’ve sharpened our EDGE. Committed to delivering the highest level of customer service, we provide Extensive Domestic & Global Exposure (EDGE) designed to maximize exposure of your listing to qualified, targeted buyers worldwide with the utmost care and competency. • Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month • A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world

1. New-home sales are at the highest level in a decade.

• White-glove professionalism and local market expertise of your dedicated Advisor

2. Sales of previously owned homes are at the highest level in more than a decade.

Let us provide the EDGE you need to sell your home. Contact the Chafer Sutphin Group for a complimentary, no-obligation home valuation.

3. Starts of single-family homes are the strongest in a decade and applications to build such properties advanced to the fastest pace since August 2007.


THE STATE

C O S M O IN O G N

Our Portfolio of Fine Properties in Hampton Lake

of the Hampton Lake Real Estate Market

February 2018

KEY METRICS

January 2018 in Review

In Hampton Lake, nine homes sold in the month of January, vs. eight homes in January of 2017. Six of the homes that closed were new build and three were resale properties. If we take the new builds out of the equation, the sale to list price ratio is 96%. Days on market for RESALE homes is at 152 days. As of February 8th, there are 37 single family homes for sale. We are still averaging 11 home sales per month over the last six months. This translates into a 3.2 month supply, which makes it a seller’s market. There are currently 21 homes under contract, three of which are resale homes, the remaining are new builds.

9

$458,450

96%

152

Total Sales

Median Price

Sale to List Price

Median Days on Market

Offered at Less Than $650,000

N M E A W R T K O E T

N M E A W R T K O E T

Custom Home Built by the 2017 Home Builders Association’s Premier Builder of the Year

Greater Bluffton Real Estate Market Overview

Least Expensive Lakefront Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for someone that wants a quintessential Southern style home with front porches, detached garage, with your own custom interior touches. If you have always dreamed of building your own cottage with amazing view down the lake, now is the time to take advantage of this pricing. Act now! 17 Blue Trail Court, Hampton Lake Lot | 0.25 Acres | Lake View | $145,000

Least Expensive Wooded Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for the buyer that appreciates quintessential Southern architecture with detached garages, front porches, and custom interior touches. Located in the River Ridge School District and May River High School district, Hampton Lake is central to everything Bluffton has to offer. Build your dream home today! 28 Blue Trail Court, Hampton Lake Lot | 0.22 Acres | Wooded View | $75,800

The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped 15 clients buy and sell properties in the community. Contact us for a complimentary home valuation and discover how we can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.

Tisha Chafer, Real Estate Advisor Tanner Sutphin, Real Estate Advisor Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton

Telephone • 843-384-1645 | 843-384-3006 Email • tisha.chafer@evusa.com tanner.sutphin@evusa.com Website • www.chafersutphingroup.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

PRSRT STD US POSTAGE PAID Permit 73

CHAFER SUTPHIN GROUP

711 How’s the Bluffton Real Estate Market Doing?

YTD Greater Bluffton Home Sales YTD Through January 31 for Each Year

The Chafer Sutphin Group has recently listed 12 lots in Hampton Lake, with lakefront lots starting at $118,708 and wooded lots starting at $75,800.

COMMUNITY SPECIALIST

ACTIVE LISTINGS IN GREATER BLUFFTON

Hilton Head Is., SC

Year

Number of Homes Sold

Median Price

2013

104

$246,000

2014

98

$235,000

2015

85

$237,000

2016

136

$280,000

2017

103

$305,000

2018

132

$302,000

The Greater Bluffton housing market continues to be on fire, and ever so close to the all-time January record set in 2016, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, January homes sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2005 at 77 sales. In January 2018 though, an extraordinary 132 homes were sold, bettering the pre-recession peak by 71%. As you can see from the chart to the left, only 2016 was better with 136 homes sold. The median price did drop a statistically insignificant 1% compared to January 2017; however, home sale prices in the last two years have been at the highest levels in the history of our area. With today’s historically low interest rates, prices rising and more growth coming to the area, it is an extraordinary time to invest in real estate in our area. This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through February 7, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.

CHAFER SUTPHIN GROUP

The State of the Hampton Lake Real Estate Market - February 2018  

This February 2018 Hampton Lake real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares...

The State of the Hampton Lake Real Estate Market - February 2018  

This February 2018 Hampton Lake real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares...

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