December New Listings
2022
2023
Percent Change
2022
2023
Percent Change
3
4
+ 33.3%
76
57
- 25.0%
A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association 10 of REALTORS® - 50.0% 5
Closed Sales
Palmetto Dunes Real Estate Market Report
Year to Date
Local Market Update – December 2023Local Market Update – December 2023
Key Metrics
A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®
Local Market Update – December 2023 Real Estate Market Report Palmetto Dunes
Median Sales Price*
$1,450,000
$1,625,000
- 10.8%
72
40
- 44.4%
$1,500,000
$1,775,000
+ 18.3%
A Research Tool Provided by REsides, Inc. and the
92.3%
+ 1.6% 97.4% 93.8% 95.6% Hilton Head Area Association of REALTORS®
Days on Market Until Sale
100
135
+ 36.1%
92
104
Inventory of Homes for Sale
11
16
+ 45.5%
--
--
Percent of List Price Received*
- 1.8% Detached Homes Only + 13.1%
PalmettoUpdate Dunes– December | December 2023 Palmetto Local MarketDunes 2023 A Research Tool Provided by REsides and the Hilton Area Association of REALTORS® Hilton Head AreaHead Association of REALTORS®
December
Palmetto Dunes
Detached Homes Only
Detached Homes Only Local Market Update – December 2023 $1,450,000
Key Metrics
2022
2023
Percent Change
2022
2023
New Listings
3
4
+ 33.3%
76
57
- 25.0%
Sales 2022Closed 2023
10
5
- 50.0%
72
40
- 44.4%
$1,625,000
$1,450,000
- 10.8%
$1,500,000
$1,775,000
+ 18.3%
92.3%
93.8%
+ 1.6%
97.4%
95.6%
- 1.8%
2022 135
+ 36.1%
16
+ 45.5%
Median Sales Price*
New Listings Palmetto Dunes Detached Homes OnlyKey Metrics 5
4 Detached Homes Only
3
Sales Local MarketClosed Update – December 2023 New Listings A Research Tool Provided by REsides, Inc. and the 33.3% Hilton Head+Area Association of REALTORS®Sales- 50.0% Median Price* 2022 Key Metrics
December
Percent of List Price Received*
2022
Percent 2023 Days on Market Until Sale Change
11
Year to Date
Key Metrics
December 16
Palmetto Dunes $1,625,000
A Research Tool Provided by REsides, Inc. and the 10 Hilton Head Area Association of REALTORS®
December
--
A Research Tool Provided Detached Homes Only by REsides, Inc. and the
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Inventory of Homes for Sale
3
4
10
5 December
+ 33.3%
December 100 11
76
Year to Date 2023
Percent + 13.1% 104 Change
92
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
December + 45.5%
Year to Date
2023
Percent Change
- 10.8%
$1,625,000 2022 2023
4
+ 33.3%
76
2022
$1,450,000
2023
- 50.0%
72
4
3
40
+ 33.3%
- 25.0%
--
2022 76
Year to Date
$1,625,000
10
- 10.8% 10
Percent Change
Year to Date
--
--
57
Percent Change
$1,450,000 $1,775,000 5$1,500,000- 50.0%
- 44.4% 2022
2023
Percen
2023
57
-2
16
72 + 18.3%
40 11 Percent Change 2022 2023 Percent of List Price Received* 92.3% + 97.4% - 10.8%95.6% $1,500,000 - 1.8%$1,775,000 4 1.6% $1,450,000 Closed Sales 10 - 50.0% 72 - 44.4% 93.8% 3 $1,625,000 5 40 Median Sales Price* New Listings 3 + 33.3% 76 - 25.0% 4 57 Median Sales Price* $1,625,000 10.8% $1,500,000 + 18.3% $1,450,000 $1,775,000 Historical MedianDays Saleson Price Rolling 12-Month Calculation All MLS — Market Until Sale 100 + 36.1% + 13.1% 95.6% 135 Percent of List Price Received* 92.3% + 1.6% 104 97.4% 93.8% 92 Percent of List Price Received* + 1.6% 97.4% 93.8% 95.6% Palmetto Dunes5— + 33.3% - 10.8% 40 + 45.5% Closed Sales 92.3% 10 - 1.8% - 50.0% - 50.0% 72 - 44.4% Condos / Villas Only New Listings Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale 100 + 36.1% + 13.1% $2,000,000 Inventory of Homes for Sale 135 11104 + 45.5% Closed -16 Days on Market 92 Until Sale 100 + 36.1% -92 135 -104 Sales Price* $1,625,000 - 10.8% $1,500,000 + 18.3% $1,450,000 $1,775,000 Inventory of HomesMedian for Sale 11 + 45.5% --16 -$1,750,000 * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated figures and can sometimes look extreme due to small sample size. December Yearusing to rounded DateHistorical Median 12-Month Calculation + 45.5% Inventory of Homes for Sale 11 Sales Price Rolling16 -All MLS — -Percent of List Price Received* 92.3% 2023 93.8% + 1.6% 97.4% - 1.8% $1,500,000 95.6% Palmetto Dunes — Percent Change Percent Change Key Metrics 2022 2023 2022 2022 Historical Median Sales Price Rolling 12-Month Calculation * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. December 2022 2023 $2,000,000 2023 $1,250,000 New Listings 6 Until Sale + 50.0% 228 100 - 18.4% 9 186 Days on Market + 36.1% 92 + 13.1% 135 104 2022 2023 $1,625,000 $1,750,000 16 Local Market Update – December 2023 New Listings New Listings
Closed Sales Median Sales Price*
Sales 3 Key Closed Metrics
Percent Change
Inventory- 25.0% of Homes for Sale
2022
2023
57
Percent Change
Palmetto Dunes
-1
+1
Local Market Update – December 2023 December
$750,000
10 by REsides, Inc. and the $1,450,000 A Research Tool Provided 11 - 36.4% 7 Hilton Head Area Association of REALTORS® Inventory of Homes for Sale
December
Closed Sales
Median Sales Price*
3
$500,000
Percent of List Price Received*
189
11
11
170
A Research Tool Provided by REsides, Inc. and the - 10.1% Hilton Head Area Association of REALTORS®
$1,500,000
$715,000 5
$685,000
- 4.2% 10
$705,000
$744,500
94.2%
97.6%
+ 3.6%
99.9%
97.5%
16 $1,625,000+ 45.5%
--
10 Palmetto Dunes
$1,625,000
+ 5.6%
$1,250,000
--
December Palmetto Dunes
- 2.5%
$750,000
New Listings
Closed Sales
Inventory of Homes for Sale
31
334
3
Median Sales Price*
- 6.1%
Condos Villas Historical Median/Sales PriceOnly Rolling 12-Month Calculation
Inventory of5Homes for Sale
--
--
December
10
3
December
5 $1,625,000
Key Metrics
All MLS — Palmetto Dunes —
11the A Research Tool Provided by REsides, Inc. and Hilton Head Area Association of REALTORS® 9
New Listings Key Metrics 3 7
- 50.0%
$715,000
$685,000
+ 33.3%
Closed 2022 Sales New Listings 6
$1,250,000
Palmetto Dunes New Listings
$1,000,000
$750,000
Condos / Villas Only
5
2023
$1,450,000
Year to Date
9
+ 50.0%
11
7
Median Sales Price*
$715,000
$685,000
- 50.0%
94.2%
2023
33 December 31
16 2023
2022
Percent Change
6
Closed Sales
4
$1,500,000
2022
Percent Change
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
New Listings
2022
Condos/Villas Only + 33.3%
Local Market Update – December 2023
16
MLS 11 2022 ALL2023
--
$2,000,000 $1,750,000
DUNES
$1,450,000 11
$250,000 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023
* Does not account for sale concessions and/or downpayment | Percent calculated usingINC. rounded figures Reserved. and can sometimes look extreme due to Carolina small sample size. Current as ofassistance. January 10, 2024.changes Data ©are 2024 REsides, All Rights | Sponsored by South REALTORS®. | Report © 2024 ShowingTime.
4
2022
--
16PALMETTO
4 $1,450,000 * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using $1,000,000 rounded figures and can sometimes look extreme due to small sample size.
$250,000 Days on Market Until Sale 95 4-2018 10-2018 76 - 4-2020 20.5%10-2020 4-2021 70 + 28.6% 90 4-2023$500,000 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2019 10-2019 10-2021 4-2022 10-2022 10-2023 + 33.3% - 50.0% - 10.8% + 45.5% Condos / Villas Only
- 10.8%
228
186
- 18.4%
- 36.4%
189
170
- 10.1%
- 4.2%
$705,000
$744,500
+ 5.6%
- 10.8% + 3.6%
99.9%
11
Year to+ Date 45.5%
+ 45.5%
Sales Inventory of Homes forChange Sale Percent ChangePrice* 2022 Percent 2023 Median 2023 Days on Market Until Sale 95 - 20.5% + 28.6% 76 90 Closed Sales Median Sales Price*70 Inventory of Homes fo Inventory of Homes for Sale 33 - 6.1% -31 -+ 50.0% 228 - 18.4% -9 186 Percent of List Price Received*
97.6%
97.5%
- 2.5%
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Historical Calculation + 33.3%Sales Price Rolling -12-Month 50.0% Closed Sales Median 11 7 December
- 10.8% - 36.4% Historical Median Price Rolling 12-Month Calculation 189 Year toSales Date
$500,000
December
$250,000 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023
New + 50.0% - 36.4%Listings 2023 Key Metrics Median Sales Price* 2022
New Listings New$2,000,000 Listings
Closed Sales
Closed Sales - 4.2% 2022 2023 $715,000
Percent Change
- 6.1%
$685,000
Percent Change
Median Sales Price*
$2,000,000
10.1% 170+ 45.5%All-MLS — 2022 2023 Palmetto Dunes — Median Sales11Price* Inventory of Homes for Sale 33 $715,000 31 $685,000 -9 4.2% $705,000 + 5.6% $744,500
Inventory of Homes for Sale
6 © 2024 REsides, INC. + 50.0% 228Carolina REALTORS®. - 18.4% 9 All Rights Reserved. 186| Report © 2024 Current as of January 10, 2024. Data | Sponsored by South ShowingTime.
6 - 10.1% 97.6% 170 94.2% $1,750,000Historical Median Sales Price Rolling 12-Month Calculation Median Sales Price* $715,000 $705,000 + 5.6% $685,000 $744,500 $1,750,000- 4.2% Historical Median Sales Price Rolling 12-Month Calculation Days onReceived* Market Until 94.2% Sale 97.6% 95 76 All MLS — Percent of List Price + 3.6% 99.9% - 2.5% 97.5% 11 7 Percent of List Price Received*
Closed Sales
$1,500,000
$800,000
+1
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
$1,000,000
6
-4
5
Days on Market Until Sale
95
Inventory of Homes for Sale $1,250,000
33
$2,000,000 Inventory of Homes for Sale
- 36.4%
189
Palmetto Dunes —
$1,500,000- 20.5%
70
31
--
76
$1,250,000
- 6.1%
90
+ 28.6%
--
--
33
New Listings - 6.1%
97.5%
99.9%
- 20.5%
+ 50.0%
31
7
+ 3.6%
Closed Sales
- 4.2%
Median Sales -Price*
--
- 2.5%
All MLS — + 28.6% Palmetto Dunes —
90
70 - 36.4%
All ML Palmetto Dune
- 6.1%
Inventory of-Homes for Sale
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
$600,000
$1,750,000
$1,000,000
2022 December
2023 $750,000 December
$400,000
11
$715,000 $750,000
9
$1,250,000
7
6 $500,000
$1,000,000
$200,000
Historical Median Sales Price Rolling 12-Month Calculation
$1,000,000
2022
$1,500,000
$500,000
33
$685,000
Historical Median Sales Price - Rolling 12-Month Calculation
2023
31
$800,000
$600,000
11
$715,000
$685,000
33
All MLS — Palmetto Dunes —
2022 2023 PALMETTO DUNES
31
9 $250,000 $250,000 4-2014 10-2014 4-2015 10-2015 4-201610-2018 10-20164-2019 4-201710-2019 10-2017 4-2020 4-2018 10-2020 10-2018 4-2021 4-2019 10-2019 $750,000 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2021 4-2020 4-2022 10-2020 10-20224-2021 4-202310-2021 10-20234-2022 10-2022 4-2023 $400,000
ALL MLS
7
$0 $200,000 + 50.0% - 36.4% - 4.2% - 6.1% 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023
6
New Listings $500,000
Closed Sales
Median Sales Price*
Inventory of Homes for Sale
$0
4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023 Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 S
$250,000 Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime. Historical Median Sales Price Rolling 12-Month Current as of January 10, 2024. Data © 2024 Calculation REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime. All MLS — 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023 Palmetto Dunes —
Information Sponsored by
$800,000
$600,000
+ 50.0%
New Listings $400,000
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
Beth DeAngelis Team - 36.4%
- 4.2%
Closed Sales
Median Sales Price*
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®.- |6.1% Report © 2024 ShowingTime.
843-271-4254 beth@coastallivingbybeth.com Historical Median Sales Price Rolling 12-Month Calculation www.coastallivingbybeth.com
Inventory of Homes for Sale
$200,000
20
$0 4-2014 10-2014 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023
$800,000
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
All MLS — Palmetto Dunes —