A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®
Local Market Update – December 2023 A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®
Hilton Head Plantation | December 2023
December Year to Date HiltonLocal Head Plantation Market 2023 Local MarketUpdate Update– December – December 2023 Hilton Head Plantation
Local Market Update – December 2023 A Research Tool Provided by REsides and the A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association ofand REALTORS® Hilton Head Association of by REALTORS® AArea Research Tool Provided REsides, Inc. the A Research Tool Provided by REsides, Inc. and the 2022 Hilton HeadHead AreaArea Association of REALTORS® Hilton Association of REALTORS®
Key Metrics
New Listings
2023
Percent Change
2022
2023
Percent Change
21
+ 162.5%
242
235
- 2.9%
8
Detached Homes OnlyPlantation 14 - 14.3% 12December Hilton Head Hilton Head Plantation
Closed Sales
Median Sales Price* Key Metrics
Hilton Head Plantation
+ 0.9% Date December216 Year to
214
Year to Date
$770,0002022 $875,000 2023+ 13.6%Percent $775,0002023 2022 + 10.8% 2022 $859,000 Percent Change 2023 Percent Change 2023 Key Metrics 2022 Change
Percent of List Price Received*
New Listings96.6%
Days on Market Until Sale
Closed Sales 92
New Listings
KeyKey Metrics Metrics Key Metrics Closed Sales
97.4%
8
93
+ 0.8%
8
- 3.1% 242 98.4% 242 + 162.5% Year235 to Date - 2.9% Year to Date Year to Date
101.6% 21
+ 162.5% 21 December December December + 1.1% 14
63
12
Change Change Percent Change 2023 20222022 2023 2023PercentPercent - 14.3% 12
2022 2022 142022
140 - 14.3%+ 122.2% 214
2023 2023 2022 214
2023 216
PercentPercent ChangeChange
+ 0.9%
Percent Change
235 216
+ 13.6% $875,000 235--235 $859,000 -- $775,000 - 235 2.9% - 2.9% 242 - 2.9% $775,000 + 10.8% $859,000 96.6% 98.4% Closed Sales Percent of List Price Received* - 14.3% 214 + 0.9% 101.6% Closed Sales 14 14 - 14.3% 214 97.4% + 0.9% 12 12 216 216+ 0.8% Closed Sales 14 - 14.3% 214 + 0.9% 12 216 Percent of List Price Received* 96.6% + 0.8%$775,000 97.4% 98.4% Median Sales Price* $770,000 $875,000 + 13.6% $775,000 + 10.8% $875,000 + 13.6% $859,000 Days on Market Until Sale 92 + 1.1% 63 - 3.1% 93101.6% 140 Median Sales Price* $770,000 + 10.8% $859,000 Median Sales Price* $770,000 + 13.6% $775,000 + 10.8% $875,000 $859,000 2022 2023 Percent of List Price Received* 96.6% + 0.8% 101.6% 3.1% 97.4% 98.4% of List PriceInventory Received* of Homes for + 0.8% - 3.1% 97.4% 98.4% + 40.0% Sale 25 --+ 122.2% -Days on Market Percent Until Sale 9296.6% + 1.1% 101.6% 35 63 93 140 Percent of List Price Received* 96.6% + 0.8% 101.6% - 3.1% 97.4% 98.4% Median Sales 25 Price*
Inventory of Homes New forNew Sale Listings Listings New Listings
Median Sales Price*
8 88 35
$770,000
$770,000
40.0% -+ 162.5% + 162.5% 242 242 21 21+21 + 162.5%
$875,000
+ 13.6%
* 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
* Does not account for sale concessions and/or assistance. are calculated using and can sometimes look+35 extreme due to small sample size. Market Until 92 + 1.1% 63 figures140 122.2% 140 $875,000 Days on on Market Until SaleSale 92 downpayment 1.1% 63 rounded + 122.2% 93 93 | Percent+ changes 21Days
InventoryDays of Homes for Sale on Market Until Sale
25
Inventory of Homes Inventory of Homes for for SaleSale
35 93 $770,000
92
35 35
25 25
+ 40.0% + 1.1%
+ 40.0% + 40.0%
--
--
--63 --
--
--
25 * Does not account for sale concessions assistance. | Percent changes arechanges calculated using using rounded figures cansometimes sometimes look extreme to small * Does notand/or account downpayment for sale concessions and/or downpayment assistance. | Percent are calculated rounded figures and can look extreme due to smalldue sample size. sample size. December 14 Inventory of for Sale + 40.0% -35canandsometimes * Does notHomes account for sale concessions and/or downpayment assistance. | Percent changes are25 calculated using rounded figures and look extreme due to small sample size. 12 8
* 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.
2022 December
December December 2023
21
December
21
21
+ 162.5%
New Listings 8
$770,000 2022 $875,000 14$770,000 $875,000 12 $770,000 $875,000
21
-814.3%
21
14
14
Closed Sales 14 14
8
12
12
+ 13.6%
$770,000 $770,000 Median Sales Price*
+ 162.5%
New Listings New Listings $900,000
+ 162.5%
-+ 122.2%
--
--
$875,000 2022 2023 2023 35
35
2022
2023
2022
2023 25
35
$875,000 25 25+ 40.0%
35
Inventory of Homes 25for Sale 25
12 12
8 Historical8 Median Sales+ 162.5% Price Rolling 12-Month Calculation New Listings- 14.3% + 162.5%
-140 --
- 14.3%
Closed Sales Closed Sales
Hilton Head Plantation Real Estate Market Report
Local Market Update – December 2023 Hilton Real Head Estate Plantation Market Report A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®
Percent Change
- 2.9%
+ 0.9%
+ 10.8% - 3.1%
+ 122.2%
2022
--
2023
35
- 14.3%
+ 13.6%
+ 40.0%
+Sales 13.6% Closed + 13.6%
+ 40.0% All MLS — Median Sales Price* + 40.0%
Inventory of Homes for Sale
Median Sales Price* Median Sales Price*
Hilton of Head Plantation — Inventory Homes for Sale Inventory of Homes for Sale
- 14.3% + 13.6% Historical Median Sales Price Rolling 12-Month Calculation
Historical Rolling 12-Month + 162.5% - 14.3% New ListingsMedian Sales Price Closed Sales Calculation
+ 13.6% Median Sales Price*
+ 40.0%
40.0% Inventory Homes for Sale All MLS+ of —
All MLS —
$700,000
Historical Median Sales Price Rolling 12-Month Calculation Hilton Head Plantation — All MLS — — Hilton Head Plantation Historical Median Rolling Sales 12-Month Calculation New Listings Closed Sales Sales Price -Median Price* Inventory Hilton Head Plantation — of Homes for Sale $900,000
$600,000
Historical Median$800,000 Sales Price Rolling 12-Month Calculation
$800,000
$900,000
$900,000
$800,000
$800,000 $700,000
Historical Median Sales Price Rolling 12-Month Calculation
$500,000 $400,000
$900,000 $300,000
$900,000
$700,000 $600,000
$800,000
$600,000 $500,000
$700,000
$500,000 $400,000
HILTON HEAD All MLS — PLANTATION
All MLS — Hilton Head Plantation —
$700,000
Hilton Head Plantation —
$600,000
ALL MLS
$500,000 $400,000
$200,000 $800,000 $600,000 $400,000 $300,000 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
$700,000 $600,000
$500,000 $400,000 $300,000
$500,000 $400,000 $300,000
$300,000 $300,000 $200,000 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 $200,000 $200,000 4-2014 10-2014 4-2015 10-2015 4-2016 10-20164-2015 4-2017 10-2017 10-2018 4-2019 4-2017 10-2019 4-2020 10-2020 4-2021 10-2021 4-2019 4-2022 10-2022 4-2023 10-202310-2020 4-2021 10-2021 4-2022 10-2022 4-2023 10-2023 4-2014 10-2014 10-20154-2018 4-2016 10-2016 10-2017 4-2018 10-2018 10-2019 4-2020
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime. Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
Information Sponsored by
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTim $200,000 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
LAWRENCE TAYLOR (843) 338-6511 Lawrence@CharterOneRealty.com
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime. DICK PATRICK (843) 384-4020
Dick@CharterOneRealty.com
$200,000 4-2014 10-2014 4-2015 10-2015 10-2016(843) 4-2017 384-5118 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 ROB4-2016 MOORE
robmoore@CharterOneRealty.com
KIM FRANCE (513) 476-2658
KimFrance@CharterOneRealty.com
Current as of January 10, 2024. Data © 2024 REsides, INC. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2024 ShowingTime.
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