6: Palmetto Dunes
Detached Homes Only Local Market Update – September 2021
Market Update – September 2021 Local Local Market Update
A Research Tool Provided by the Multiple Listing Service of Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton HeadA Area Association of REALTORS®
Local Market Update – September September 2021 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
Key Metrics
2020
Hilton Head Island and the Hilton Head Area Association of REALTORS®
2021
2020
2021
September 2021 Local Market Update – September 20216: Palmetto Dunes 9
+ 12.5%
101
104
+ 3.0%
17
7
- 58.8%
88
98
+ 11.4%
6: Palmetto Dunes Dunes 6: Palmetto
$910,000
$2,425,000
+ 166.5%
$884,000
$1,397,500
+ 58.1%
95.8%
97.0%
Closed Sales
A Research Tool Provided by the Multiple Lsting Serve of Hilton Head Island
Detached Homes Only
Detached Homes Only
Detached Homes Only
Palmetto Dunes Local Market Update – September 2021
Days on Market Until SaleKey Metrics
6: Palmetto Dunes
Detached Homes Only
Percent Change
154
2020
95 2021
101
104
September
+ 12.5%
17
7
- 58.8%
88
98
+ 11.4%
$910,000
$2,425,000
+ 166.5%
$884,000
$1,397,500
+ 58.1%
95.8%
97.0%
+ 1.3%
95.4%
- 38.1%
September
Median Sales Price*
--
September 9
8
13
21
+ 12.5% 9
21
- 38.1% $2,425,000
-104 101
+ 12.5% 101
+2021 3.0%
2021 Percent Change - 38.3% 95
- 54.6%
--
104 + 3.0%
Year to Date
* 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.
Percent Ch
--
+ 3.0%
13
- 58.8% 88 98 2020 2021 88 + 11.4% 98 Percent Change $910,000 2020 2021 $910,000 + 166.5% $884,000 21 $1,397,500 $2,425,000 $2,425,000 Percent Change Key Metrics 2021 Median Sales Price* 2020 $910,000 + 12.5% 166.5% $884,000 + 58.1% $2,425,000 $1,397,500 New Listings 8 + 101 + 3.0% 9 104 New Listings 8 + 12.5% 101 + 3.0% 9 104 13 9 Percent of List Price Received* + 12.5% 95.8% + 1.3% 95.4% 97.0% 8 - 58.8% + 166.5% - 38.1%98.2% 7 ClosedPercent Sales 17 - 58.8% 88 95.8% + 11.4%97.0% 7 of List Price Received* + 1.3% 95.4% + 3.0% $910,000 Closed Sales 1798 New -Closed 58.8% 88 + 11.4% 9898.2%Inventory Listings7 Sales Median Sales Price* of Homes for Sale Median Sales Price* $910,000 166.5% $884,000 $2,425,000 Days on +Market Until Sale$1,397,500 + 58.1% 171 - 54.6% 154 78 95 Median Sales Price* + -166.5% $884,000 + 58.1% $2,425,000 $1,397,500 Days on Market Until Sale 97.0% 171 54.6% 154 - 38.3% 78 95 Percent of List Price Received* 95.8% + 1.3% 95.4% $910,000 + 3.0% 98.2% + 12.5% - 58.8% + 166.5% - 38.1% Inventory of Homes for Sale 21 Rolling 12-Month13 - 38.1% --- — Historical Median Sales New Price Calculation All MLS for Days on Market Until Sale 171 - 54.6% 154 - 38.3% 78 95 Listings Closed Sales Median Sales Price* Inventory of Homes Sale Percent of List Price Received* 95.8% +- 1.3% 95.4% + size. 3.0% 97.0% 6: Palmetto Inventory of Homes for Sale 21downpayment assistance. 38.1% --sometimes look98.2% --Dunes — 13 --to small sample * Does not account for sale concessions and/or | Percent changes are calculated using rounded figures and can extreme due Closed Sales September Median Sales Price* Percent Change 2021 2020
Closed Sales
Key Metrics
Inventory of Homes for Sale
13
21
- 38.1%
17 7 - 58.8% 7 7 SeptemberPercent Change
+ 3.0%
--
98.2%2020
20212020 154
Percent Change 2020 78
Inventory of Homes for Sale
9
8
--
Year to Date Year to Date
171
17
New Listings
Percent Change - 38.3%
9
13
Percent of List Price Received* September 2021 2020 2021Days on2020 MarketPercent Until SaleChange
Detached Homes OnlyKey Metrics Key Metrics
Detached Homes Only
-2021 54.6%
8
21
98.2% Year to Date+ 3.0%
95.4%
* 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.
A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
6: New Palmetto Listings Dunes
+ 1.3% September
2020 78
171
New Listings
Inventory of Homes for Sale
Closed Sales
Percent Change
8
New Listings
Median Sales Price* A Research Provided by the Multiple of Listing Service of and theTool Hilton Head Area Association REALTORS® Hilton Head Island and the Hilton Head Area Association of REALTORS® Percent of List Price Received*
Year to Date
Percent Change
8
17
Year to Date 2020
2021
Local Market Update – September 2021 --
--
September 2020
September 2021
A Research Tool Provided by the Multiple Listing Service of $1,200,000 Hilton Head Island and the Hilton Head Area Association of REALTORS®
September Inventory of Homes for Sale
2020
21
2021
13 $1,400,000
$1,000,000
17
- 38.1%
--
9
September Local Market
6: Palmetto Dunes
17
13
$600,000
Condos / Villas Only $400,000
$910,000
A Research Tool Provided by the Multiple Listing8Service of17 + 12.5% + 166.5% Hilton Head Island and the- 58.8% Hilton 9 Head Area Association of REALTORS® New Listings8
Closed Sales
--
-2020
All MLS — 6: Palmetto Dunes —
$1,200,000
Condos / Villas Only
$200,000
-
Local Market Update – September New Listings 2021
Condos/Villas Only Historical Median Sales Price Key Metrics
$200,000
$1,400,000
10-2015
4-2016
10-2016
4-2017
10-2017
4-2018
Median Sales Price*
- Condos 58.8% / Villas Only $910,000
$1,200,000 Median Sales Price*
2020
2021
$600,000 15
14
31 10 Percent of List Price Received* $400,000
$1,000,000
$800,000
Median Sales Price*
$430,000
$800,000
Days on Market Until 96.4% Sale
Percent of List Price Received*
$600,000
$600,000 Days on Market Until Sale
208
Inventory of Homes for45 Sale
Inventory of Homes for Sale $400,000
$400,000
$717,500 99.6% $200,000 51 31
10
$430,000
$717,500
Closed Sales 96.4% + 166.5%
Days on Market Until SaleKey Metrics
4-2018
10-2018
4-2019
10-2019
4-2020
- 67.7%
155
+ 66.9%
$415,000
+ 3.2% September
2020 51
208
Median Sales Price* 45 + 166.5% 12-Month Calculation
Closed Sales
Median Sales Price*
-2021 75.3%
31
Percent Change
2020
+ 7.1%
177
10
155
$415,000
Percent Change
+ 3.2%
96.0%
- 75.3%
171
$0 - 31.1%10-2014 -4-2014
$717,500
$200,000
+ 31.0%
$717,500
$430,000 10
+ 32.5%
2020
4-2016
2021
- 38.1%
Inventory of Homes for S
100.2% Year to Date+ 4.3%
2020
-
-38.1%
74 2021
Percent Change - 57.0%
--
+ 3.2%
96.0%
51
- 75.3%
--
+ 31.0% All MLS — + 32.5% 6: Palmetto Dunes —
203
Year to Date 2021
$717,500
31
177
- 31.1%
100.2%2020
+ 4.3%
2021
Percent Change All MLS — - 57.0% 74 45 6: Palmetto Dunes — ---171
222 All MLS +—25.4% 31 6: Palmetto Dunes —
2020 + 31.0%
$717,500
+ 32.5%
31
$430,000
+ 66.9%
- 31.1%
96.0% 4.3% 100.2%Inventory of+Homes 10Median Sales Price* for Sale
+ 3.2%
Closed Sales
4-2017
2021
45
$550,000
$415,000
- 67.7% 15
10-2016
203
155 31
10-2017
4-2018
74
- 57.0%
+ 66.9%
Median Sales Price*
10-2018
--
4-2019
- 31.1%
All MLS for —Sale Inventory of Homes 6: Palmetto Dunes — 10-2019 4-2020 10-2020
--
45
$600,000
31
2020
$500,000
$300,000
4-2017 4-2017 31
10-2017 10-2017
$200,000
4-2018 4-2018
10-2018 10-2018
4-2019 10-2019 10-2019 4-2020 4-202010-2020 10-2020 4-2019 4-2021 4-2021
2021
$400,000
$717,500
$300,000
45
$200,000
Current of October 10, 2021. Data © 2021 MLS HiltonHead Head Island. Island. All by South Carolina REALTORS®. | Report © 2021© ShowingTime. $100,000 Current as of as October 10, 2021. Data © 2021 MLS ofofHilton All Rights RightsReserved. Reserved.| Sponsored | Sponsored by South Carolina REALTORS®. | Report 2021 ShowingTime. + 7.1%
- 67.7%
+ 66.9%
- 31.1%
New Listings
Closed Sales
Median Sales Price*
Inventory of4-2014 Homes 10-2014 for Sale
14
15
Historical Median SalesRolling Price - Rolling 12-Month Calculation Historical Median Sales Price 12-Month Calculation 20
31
$100,000
$0
4-2015
$430,000
10-2015 4-2016 10-2016 $0 4-2014 10-2014 4-2015 10-2015
4-2017 4-2016
10-2017 10-2016
4-2018 4-2017
10-2018 10-2017
4-2018
4-2019 10-2018
10-2019 4-2019
4-2020 10-2019
+ 7.1%
- 67.7%
10-2020 4-2020
4-2021
10-2020
4-2021
10 All MLS — 6: Palmetto Dunes —
Current as of October 10, 2021. Data © as 2021 MLS of10,Hilton Head© Island. AllofRights Reserved. Sponsored by |South Carolina REALTORS®. | Report| Report © 2021 Current of October 2021. Data 2021 MLS Hilton Head Island. All| Rights Reserved. Sponsored by South Carolina REALTORS®. © ShowingTime. 2021 ShowingTime.
$600,000
$500,000
4-2021
All MLS — 6: Palmetto Dunes —
Current as of October 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 Show $400,000
4-2015 10-2014 4-201510-2015 10-2015 4-2016 4-2016 10-2016 10-2016
15
$550,000
- 38.1%
171
$430,000
+ 32.5%
10-2015
$500,000
$200,000 September 2020
14
+ 31.0%
99.6%
2020
45
+ 66.9% 14
99.6% New Listings
$600,000
4-2021
+ 25.4%
Inventory of Homes for $550,000 Sale + 66.9% $415,000 $717,500
208 - 75.3% 171 51 + 4.3% 100.2% + 7.1% - 67.7% Historical Median Sales New Price Rolling 12-Month Calculation - 57.0% 74 Listings Closed Sales 45 -- 31.1% -31 --
4-2015
10-2020
203
155
Median Sales Rolling * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded Historical figures and can sometimes lookPrice extreme due12-Month to small Calculation sample size.
$0 4-2014
13
- 67.7%
208
10
+ 25.4%
$550,000
$430,000
10 September - 67.7%
+ 7.1%
203 96.4%
- 67.7%
September 4-2014 10-2014
4-2020
222
* 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.
Percent Change
222
13
Inventory for + 7.1% of Homes 177 + 25.4% 222 Sale
- 31.1%
31
15
14
2021 $430,000
+ 66.9%
31
10-2019
96.0%
15
14
31
96.4%
4-2021
Year to Date
* 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.
2021$0
4-2019
177
Median Sales Price*
Median Sales Price* September
10-2020
2
Year to Date 13 Percent 4-20202021 10-2020 4-2021 Change
10-2019 2020
10-2018
+ 166.5%
99.6%
New Listings
Sale 58.8%Inventory of Homes forRolling
September $800,000
New$1,000,000 Listings
10-2017
+ 7.1%
31
Percent of List Price Received*
$1,000,000
Key Metrics
4-2017
6: Palmetto Dunes
7
Condos / Villas OnlyCurrent as of October 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime. $1,400,000
Closed Sales $1,400,000
10-2016
15
2020 2021Days on Market Until Sale 31 Rolling 12-Month Calculation Inventory of Homes for Sale 14 + 7.1% 15
$1,200,000
$1,200,000
4-2016
14
Price Received* September Rolling 12-Month Calculation Percent of List Percent Change
Historical Median Sales Price 6: New Palmetto Listings Dunes 4-2015
2020
Current as of October 10, 2021. Data © as 2021 MLS of10,Hilton Head© Island. AllofRights Reserved. Sponsored by |South Carolina REALTORS®. | Report| Report © 2021 Current of October 2021. Data 2021 MLS Hilton Head Island. All| Rights Reserved. Sponsored by South Carolina REALTORS®. © ShowingTime. 2021 ShowingTime.
— 6: Palmetto Dunes —
Closed Sales
$400,000
--
2021
* 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.
A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
10-2014
10-2015 4-2016 10-2016 $0 4-2014 10-2014 4-2015 10-2015
$910,000
Closed Sales
+ 12.5%
$600,000
4-2015
7
Palmetto Dunes Historical Median Sales Price New Listings
$800,000
$910,000 214-2019 $2,425,000 10-2017 4-2018 Percent10-2018 Change 2020 4-2017 2021
A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
$0
All MLS Closed Sales
New Listings - 58.8%
+ 12.5%
$1,000,000
2020
Local Market 7 Update – September September 2021
- 38.1%
6: Palmetto Dunes
$1,400,000
21
$2,425,000
$600,000
New Listings
Historical Median SalesRolling Price - Rolling 12-Month Calculation Historical Median Sales Price 12-Month 9Calculation 8 + 12.5%
- 38.3
2021 21
$2,425,000
$400,000
4-2014 for 10-2014 Inventory Homes Sale KeyofMetrics
Median Sales Price*
+ 3.0%
$800,000
Update – September 2021 9 7
$200,000
Closed Sales
- 38.3%
$1,200,000 $1,000,000
$0 4-2014
95
21are calculated using rounded 17 figures and can sometimes look extreme due to small sample size. $2,425,000 * Does not account for sale concessions and/or downpayment assistance. | Percent changes $800,000
8
+ 58.1
--
$1,400,000
Median Sales Rolling * Does not Days account for concessions and/orSale downpayment assistance. | Percent changes171 are calculated using rounded figures and can lookPrice extreme due12-Month to small Calculation sample size. onsaleMarket Until -sometimes 54.6% 154 78 Historical
* 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.
+ 11.4
17
+ 66.9%
- 31.1%
