Lowcountry Living & Real Estate February 2024

Page 30

Local Market Update – December 2023 A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®

Windmill Harbour Real Estate Market Report

Local Market Update – December 2023 A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®

Local Market Update – December 2023 Windmill Harbour Real Estate Market Report A Research Tool Provided by REsides, Inc. and the Hilton Head Area Association of REALTORS®

Windmill Harbour | December 2023

Windmill Harbour Local Market Update – December 2023 December Local Market Update – December 2023

Local Market Update – December 2023 A Research Tool Provided by REsides and the

Windmill Harbour

A Research Tool Provided by REsides, Inc. and the A Head Research Tool Provided by REsides, and the Area Association ofInc. REALTORS® Hilton Hilton Head Area Association of REALTORS® HeadTool AreaProvided Association of REALTORS® A Hilton Research by REsides, Inc. and the Hilton Head Area Association of REALTORS®2022

Key Metrics

2023

Year to Date

Percent Change

2022

2023

Percent Change

24

37

Year to Date

0 -5 Detached Homes Only December Windmill Harbour

New Listings

Windmill Harbour Harbour Windmill

Closed Sales

3

Key Metrics

2022

Key Metrics

Median Sales Price*

$885,000

New Listings

Percent of List Price Received*

Closed Sales

- 66.7%

2023

$415,000

New Listings

0

Closed Sales

3

94.5%

95.3%

Key Metrics Key Metrics Days on Market Until Sale Key Metrics

1

- 53.1%

5

+ 54.2%

22 December 18

Percent Change

2022

$735,000

2023

0 --

$882,000

24

5

- 0.8% 98.3% December December December -366.7% 1

- 18.2%

2022 Percent Change 2023

+ 20.0%

2022

2023

Percen

24 + 54.2%

37

+5

18

-1

37

--

Year to Date Percent Change

- 1.0% 97.3% Year to DateYear to Date - 66.7% 18 22 - 18.2% 1 Year 22 to Date

Percent Change Percent Change 2022 2023 2023 Percent Change Percent Change 2022 2022 2023 +2023 1.8%Percent Change 81 2022 + 1.2% 113 82 Percent Change 2022 2023 2022 2023 Median Sales Price* $885,000 53.1% $735,000 $415,000 $882,000 New Listings 00 --- 53.1% + 54.2% 5 37 Median Sales Price* $885,000 $735,000 ++ 20.0% $415,000 $882,000 New Listings ---- 24 24 54.2% 5 07 24 + 54.2% 5+ 250.0% -37 Inventory of Homes forNew SaleListings 2 --37 -Percent of List Price Received* 95.3% 98.3% 97.3% Closed Sales 3 - 66.7% 2294.5% - 18.2% 1 18 - 0.8% * Does notPercent account for saleClosed concessions and/or downpayment using rounded can1sometimes small sample22 size. Sales -to 66.7% 2218 --18.2% 1 look -extreme 18 of List Price Received* 95.3% -due0.8% 98.3% 1.0% Closed Sales assistance. | Percent changes are calculated 3 3 figures and94.5% 66.7% -97.3% 18.2% Days on Market Until Sale 111 81 113 $882,000+ 1.8% 82 Median Sales Price* $885,000 - 53.1% $735,000 + 20.0% $415,000 Sales Price* $885,000 $735,000 $735,000 +$882,000 20.0% $882,000 Sales $885,000 $415,000 - 53.1% ++20.0% $415,000- 53.1% Days on Median MarketMedian Until Price* Sale 111 + 1.8% 81 1.2% 113 82 Percent of List Price Received* of Homes for 95.3% - 0.8% 98.3% 7 - 1.0%2023 94.5% 97.3%+ 250.0% Inventory Sale 2 --2022 List Price Received* 95.3% - 97.3% 1.0% 94.5% 97.3% Percent Percent of List of Price Received* 95.3% 98.3% - 1.0% 94.5% - 0.8% - 0.8%98.3%

111

+2

-1

+1

December

* Does not account for sale concessions2and/or downpayment assistance. are calculated using can sometimes look extreme Inventory of Homes Sale Until + 250.0% -7 | Percent changes -- due to small sample size. Daysfor on Market Sale 111 + 1.8% 81rounded figures--and82 + 1.2% 113

Days on Market Until Sale

111

113

+ 1.8%

Inventory of Homes for Sale Inventory of Homes for Sale

2 2

7 7

+ 250.0% + 250.0%

111 $885,000 113

Days on Market Until Sale

+ 1.8%

81

82

+ 1.2%

---

---

7 82

81

* Does not account for sale5concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

---

December Inventory* Does of notHomes Sale 2calculated using rounded figures7and can sometimes look+extreme 250.0% account for salefor concessions and/or downpayment assistance. | Percent changes are due to small sample size.

December

3

2022

--

--

* 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.

+ 1.2%

* 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 December 2023

December

5

0

- 66.7%

3 Closed 0 Sales

New Listings

- 53.1%

33 11

New Listings

1

66.7% Historical Median Sales Price Rolling 12-Month Calculation -----66.7% 0

-$1,000,000

NewListings Listings New --

New Listings New Listings

1

Closed Sales Sales Closed

- 66.7% - 66.7%

Closed SalesSales Closed

$415,000

Closed Sales Median Sales Price* - 53.1% - 53.1%

$1,000,000

2

- 53.1% 2 2

$800,000

$800,000

$400,000 $400,000

Inventory of Homes fo

Inventory Sale Inventoryof ofHomes Homes for for Sale AllMLS MLS — — All WindmillHarbour Harbour — — Windmill

All ML Windmill Harbou

Historical Median Sales Price - Rolling 12-Month Calculation

All MLS — All MLS — Windmill Harbour —

Windmill Harbour —

WINDMILL HARBOUR

$800,000 $800,000

$600,000 $600,000

2

Inventory of for InventoryWindmill ofHomes Homes forSale Sale Harbour ++— 250.0% 250.0%

$1,000,000 $400,000

7

+ 250.0%

++250.0% 250.0% All MLS —

Median Sales Price* Median Sales Price*

$800,000

$600,000

7

Median Sales Price*

- 53.1%

Historical Median 12-Month Calculation Historical Median SalesSales PricePrice RollingRolling 12-Month Calculation $1,000,000 $1,000,000

2023

7

$415,000 Inventory2of Homes for Sale

$1,000,000

$800,000

2022

+ 250.0%

Historical Median Sales Price Rolling 12-Month Calculation

Historical HistoricalMedian MedianSales SalesPrice Price Rolling Rolling 12-Month 12-Month Calculation Calculation

2023

$415,000

1 $415,000 $415,000

- 66.7%

2022 2023 2023

77

Median Sales Price*

3

--

00

0

2022 2022

$885,000

5

--

2

$885,000 $885,000 $885,000 3

1

55

$885,000

$415,000

5

2022

--

$600,000

ALL MLS

$400,000

$600,000 $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

$600,000 $400,000

$200,000 $200,000 $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 4-20144-2016 10-2014 4-2015 4-2016 10-2016 4-20184-2021 10-2018 4-2020 10-2020 4-2021 10-2021 4-2022 10-2022 4-2023 4-2014 10-2014 4-2015 10-2015 10-2016 4-2017 10-2015 10-2017 4-2018 10-2018 4-20194-2017 10-2019 10-2017 4-2020 10-2020 10-20214-2019 4-2022 10-2019 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 ShowingTime.

$400,000

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 © Current 2024 REsides, All Rights | Sponsored South Carolina | Report © 2024 ShowingTime.by South Carolina REALTORS®. | Report © 2024 S as ofINC. January 10,Reserved. 2024. Data © 2024byREsides, INC.REALTORS®. All Rights Reserved. | Sponsored $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

Information Sponsored by

$200,000 4-2014 10-2014 4-2015 10-2015 4-2016Current 10-2016 4-2017 10, 10-2017 4-2018 4-2019 10-2019 4-2020 10-2020 by4-2021 10-2021 4-2022 10-2022 10-2023 as of January 2024. Data © 202410-2018 REsides, INC. All Rights Reserved. | Sponsored South Carolina REALTORS®. | Report 4-2023 © 2024 ShowingTime.

Lonnie Goulet 843-338-0094 lonniegoulet@gmail.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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