Lowcountry Living & Real Estate June 2022

Page 39

Local Market Update – April 2022

Key Metrics

2021

2022

Percent Change

2021

2022

118

144

21 the Multiple32Listing Service + 52.4% A Research Tool Provided by of

New Listings

A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®

84

- 36.4%

Real Estate Market Report

Median Sales Price*

Local Market Update – April 2022 A Research Tool Provided by the Multiple Listing ServiceSea of Pines Hilton Head Island and the Hilton Head Area Association of REALTORS®

$1,600,000

$1,247,500

+ 28.3%

$1,375,500

$1,100,000

+ 25.0%

Sea Pines | April 2022 Sea LocalPines Market Update – April 2022

ercent of List Price Received*

97.4%

102.0%

+ 4.7%

96.8%

100.4%

84

84

+ 0.7%

108

73

ays on Market Until Sale

+ 3.7% Detached Homes Only - 31.8%

30 49 A Research Tool Provided by the+ 63.3% Multiple Listing-- Service of --Hilton Head Island andHilton the Head HiltonArea Head Area Association of REALTORS® Hilton Head Island and the Association of REALTORS®

nventory of Homes for Sale

Sea Pines

A Research Tool Provided Detached Homes Onlyby the Multiple Listing Service of

oes 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.

April

Detached Homes Only

Local Market Update – April 2022 Detached Homes Only

Sea Pines

A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area34 Association of REALTORS®

32

Key Metrics

NewPines Listings Sea Detached Homes Only

21

19

Detached Homes Only

ocal MarketClosed Update – April 2022 Sales

esearch Tool Provided by the Multiple Listing Service of on Head Island and the Hilton Head Area Association of REALTORS® + 52.4% - 44.1%

Median Sales Price* Key Metrics

2021

2022 32

+ 52.4%

30

2022

Percent Change

New Listings

21

32

+ 52.4%

118

144

+ 22.0%

Closed Sales 2021 2022

34

19

- 44.1%

132

84

- 36.4%

$1,247,500

$1,600,000

+ 28.3%

$1,100,000

$1,375,500

+ 25.0%

97.4%

102.0%

+ 4.7%

96.8%

100.4%

+ 3.7%

84

April

Inventory of Homes for Sale

32

2021 84

+ 0.7%

108

49

+ 63.3%

--

30

+ 52.4%

Year to Date

118

2022 144

Percent Change - 31.8% 73

2021

19April

$1,247,500 2021 2022

- 44.1% 34

+32 28.3%

2021

Percent Change

132

32

21

April

+ 63.3% $1,600,000

Percent Change

2022

+ 52.4%

84

118

Year to Date $1,600,000

$1,100,000$1,247,500 $1,375,500

+ 22.0%

--

2022

2021 - 36.4%

2022

144

49 + 25.0%

- 44.1% 132 84 Percent 30 Change 2021 2022 + 3.7% 100.4% 44.1% 132 Median- Sales Price* $1,247,500 + 28.3% $1,100,000 $1,600,000 $1,375,500 New Listings $1,247,500 $1,600,000 + 28.3% $1,100,000 $1,375,500 21 + 25.0% + 52.4% 118 + 22.0% 32 144 Median Sales Price* istorical Median Sales Price Rolling 12-Month Calculation Days on Market Until Sale Percent of List Price Received* 84 + 0.7% 102.0% 108 + 4.7% 73 84All MLS — 97.4% 96.8%- 31.8%100.4% Percent of List Price Received* 97.4% + 4.7% 96.8% + 3.7% 102.0% 100.4% Sea19 Pines — + 52.4% + 28.3% ondos / Villas Only + 63.3% Closed Sales 34 - 44.1% - 44.1% 132 - 36.4% 84 Days on Market Until Sale + 0.7% 108 - 31.8% 84 New Listings Closed Sales Median Sales Price* Inventory of Homes for Sale 400,000 Inventory of Homes for84 Sale Days 3073 --49 on Market Until Sale 84+ 63.3% + 0.7% -108 84 73 Inventory of Homes for Sale 30 + 63.3% --49 -Median Sales Price* $1,247,500 + 28.3% $1,100,000 + 25.0% $1,600,000 $1,375,500 April Yearusing to Date * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated rounded figures and can sometimes look extreme due to small sample size. 200,000 Historical Median All MLS — InventoryPercent of Homes for Sale 30 Sales Price Rolling -4912-Month Calculation+ 63.3% -Change Percent Change ey Metrics 2021 2022 2021 Sea Pines — Percent of List Price Received* 97.4% 2022 102.0% + 4.7%Median Sales 96.8% + 3.7% Historical Price - Rolling100.4% 12-Month Calculation 000,000 April2021 2021 2022 * Does not account for sale concessions and/or downpayment assistance.$1,400,000 | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. ew Listings 20 - 20.0% 55 - 3.6% 16 53 2022 Days on Market 2021 2022 Local $1,600,000 Until Sale 84 49 + 0.7%– April 2022108 - 31.8% 84 Market Update 73 800,000 34 $1,200,000 New Listings New Listings

Closed Sales Median Sales Price*

Closed Sales21

Key Metrics

Percent of List Price Received* Closed Sales 34 19

Sea Pines

of + 22.0% 144 Inventory

2021

118

97.4% 84

19

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.

Year to Date

+ 28.3%

Percent Change

2021

Percent 49 of List Price Received*

34

New April Listings

Percent Change

Percent Change 2022 Days on Market Until Sale

21

Key Metrics

2022

Median Sales Price*

2021

Year to Date

2021

April

$1,600,000

$1,247,500

April

-Key Metrics

Homes for21Sale 34

2022

Percent Change

- 36.4% 102.0%

19

+ 4.7%

96.8%

* 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.

Local April Market Update – April 2022

A Research32Tool Provided 13 by the Multiple8Listing Service of 51 $1,247,500 - 38.5% Hilton Head Island and the Hilton Head Area Association of REALTORS® 21 Inventory of$575,000 Homes Sale 30 30 19 for edian Sales Price* + 37.8% $540,000 $792,500 34

osed Sales

April

600,000

32 * Does not account for sale concessions and/or downpayment assistance.

400,000

rcent of List Price Received*

Sea Pines

200,000 ays on Market Until Sale+ 52.4%

21

April New Listings ventory of Homes for Sale 4-2014

10-2014

102.1%

97.5%

4-2015

10-2015

4-2016

137 - 44.1%

10-2016

4-2017

48

10-2017

Closed Sales

14

14

+ 63.3% $1,600,000

4-2019

10-2019

135

Sea Pines

+ 63.3% 4-2020 10-2020

19

+ 4.5%

$1,247,500 $600,000 34

58

4-2021

Inventory of Homes for Sale

0.0%

--

--

- 57.2% Condos /4-2022 Villas Only $400,000 10-2021 --

$200,000 4-2014

19 10-2015

10-2014

4-2015

pril

+ 52.4% Condos/Villas Only

$792,500 - 44.1%

$575,000+

New Listings

$1,000,000

16

Key Metrics13

Sea NewPines Listings

8

Historical Median Sales Price + 52.4%

Condos $400,000 / Villas Only

Closed Sales

$200,000 4-2014

10-2014

- 20.0%

4-2015

Key Metrics

New ListingsMedian New$1,400,000 Listings

10-2015

4-2016

10-2016

4-2017

2021 SalesClosed Price* Sales

+ 28.3%

2022

10-2018

10-2019

4-2020

10-2020

4-2021

10-2021

48

137

$1,400,000 Inventory of Homes for14 Sale$1,000,000 14

Inventory of Homes for Sale

,000

2021

135

0.0%

--

58

- 57.2%

14--

--

- 31.8% --

202

2022

Percent Change

49

8 $792,500

- 38.5%

102.1%

48

- 5.9%

$712,500

+ 31.9%

51

63.3% Year30to+ Date + 37.8%

$540,000

+ 4.6% 97.9% + 4.5% 102.3% + Inventory 28.3% of Homes for Sale + 63.3%

- 64.8% 2021 48 2022 135 Median Sales Price* 14 0.0% -14 55 53

137

Percent - 57.2% 58 Change

Inventory of Homes for Sa --- 3.6% 2022

All MLS — Sea Pines —

4-2022

13

+ 4.6%

51

- 64.8%

+ 3.7%

49

Percent Change

- 38.5%

+ 25.0%

2022 10-2020 to4-2021 Year Date10-2021304-2022

* 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.

- 5.9% 102.1% 48 97.5% $1,200,000 Historical Median Sales+ 37.8% Price$540,000 Rolling$712,500 12-Month Calculation storical Median Sales Price Rolling 12-Month Median Sales Price* $575,000Calculation + 31.9% $792,500 All MLS $1,200,000 Days on Market Until Sale 137 48 Sea Pines Percent of List Price Received* 97.5% + 4.6% 97.9% + 4.5% 102.1% 102.3%

$1,000,000

13

- Median 44.1% Sales Price*97.5%

Percent Change

$1,400,000

Days on Market Until Sale

4-2020

Rolling 12-Month Calculation

4-2019

+ 37.8%

- 36.4%

2021 10-2019

+ 63.3% All MLS 2021 — 51 - 5.9% 48 Sea Pines — 14 0.0% $792,500 Closed Sales Median Sales Price* Inventory of Homes for Sale 14 20 2021 2022 $575,000 $540,000 $575,000$712,500 + 31.9% Median Sales Price* Inventory $792,500 of Homes for Sale +1637.8%

4-2018

13 8 Percent of List Price Received*

,000

4-2019

Percent Change

$575,000

Percent Days on Market Until Sale Change 2022 Closed Sales Inventory of Homes for Sale - 20.0% 16

Current as of May 10, 2022. Data © 202220 MLS of Hilton Head Island. | Sponsored by South ShowingTime. - 20.0% 55Carolina REALTORS®. 16 All Rights Reserved. 53 | Report © 2022- 3.6%

Closed Sales

10-2018

- 44.1% 28.3% 13 - +38.5% 8 April Historical Median April YearSales to Date Price Rolling 12-Month Calculation

10-2017

- 38.5% New Listings

2022

Percent of List Price Received*

52.4% Closed Sales

2021 New Listings 20

$800,000

$600,000

April14

10-2017

+ 22.0%

Current as of May 10, 2022. Data © 2022 20 MLS of Hilton Head Island. | Sponsored by South - 20.0% 55Carolina REALTORS®. 3.6% 16 All Rights Reserved. 53| Report © 2022- ShowingTime.

Median Sales Price*

19 14

4-2018 April

4-2017

Closed Sales

Local Market Update 21 – April 2022

$1,200,000

20

10-2016

2022 $1,247,500

2021

$1,400,000

A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®

4-2016

2021 $1,600,000

34

32

30

Percent Chan

2021

--

49 SEA PINES ALL MLS

$1,600,000

$1,247,500

es 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. Current as of May 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime. Key Metrics Rolling 12-Month Calculation All MLS — New Listings Sea Pines —

Historical Median/Sales PriceOnly Condos Villas

--

--

$800,000

102.3%

97.9%

Median Sales Price*

21

49 + 31.9%

$712,500

32

- 64.8% + 28.3% 10-2018

A Research Tool Provided by the Multiple Listing Service of - 5.9% Hilton Head Island and the Hilton Head Area Association of REALTORS®

$1,000,000

| Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

+ 4.6%

4-2018

48

Sea Pines Real Estate Market Report

Hilton Head Island and the 34 Hilton Head Area of REALTORS® - 44.1% 132 19 Association

Closed Sales

Percent Change

Local Market Update – April 2022 + 22.0%

— —

- 20.0%

- 64.8%

- 38.5%

New Listings

14

102.3%

8 97.9%

135

Closed Sales

0.0%

+ 37.8%

+ 4.5% All MLS — - 57.2% Sea Pines — 0.0%

58

Median Sales Price*

Inventory of Homes for Sale

--

--

--

*$800,000 Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using roundedHistorical figures andMedian can sometimes extreme due12-Month to smallCalculation sample size. Saleslook Price Rolling

* 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.

$800,000

$1,200,000

,000

April2021

2021

$600,000

,000

2022$1,000,000 April

$600,000

$400,000 16

$800,000

,000

$792,500

4-2014 4-2015 - 20.0% 10-2015

14

13

10-2014

4-2016

$400,000 New Listings

$792,500

14

$300,000 $200,000 10-20154-2014 4-201610-2014 10-2016 4-2017 10-2017 4-2018 10-2018 4-2015 10-2015 4-2016 4-2017 4-2019 10-2017 10-2019 4-2018 $200,000 10-2016

10-2017

4-2018

Closed Sales

+10-2018 37.8%

13

4-2019

10-2019

Median Sales Price*

4-2020 0.0%10-2020

4-2021

4-2020 10-2018 10-2020 4-2019

$575,000

10-2021

14 4-2021 10-2019

4-2014

10-2015

4-2016

$0 4-2014

10-2014

10-2021

10-2015

4-2016

10-2016

4-2017

10-2017

4-2018

10-2018

4-2019

10-2019

10-2018

Information Sponsored by

4-2019

10-2019

4-2020

10-2020

4-2020

10-2020

4-2021

Closed Sales

$300,000 $200,000

10-2021

4-2022

4-2021

10-2021

4-2022

Current as of May 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime.

Median Sales Price*

Lindsay – 12-Month 843.816.6142 Historical Median Sales Price Rolling Calculation rltr2mom@aol.com Charlie – 843.816.6133 charlie@htcottage.com

Inventory of Homes for Sale

$100,000

$0 4-2014

10-2014

$700,000

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

Current as of May 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime.

4-

by South©Carolina REALTORS®. | Report © 2022 Showing Report 2022 ShowingTime.

- 38.5% 37.8%| Sponsored by South Carolina REALTORS®. | 0.0% Current as of May 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights+Reserved. Report © 2022 ShowingTime.

New Listings

$400,000

4-2018

4-2021

ALL MLS 4-2015

Lindsay Bunting & Charlie Wilmot

- 20.0%

$500,000

All MLS — 10-2017 4-2017 Sea Pines —

10-2016

$700,000 $600,000

4-2022 SEA10-2020 PINES

Inventory of Homes for Sale

8

Rolling 12-Month Calculation 10-2014 4-2015

10-2021 4-2020

4-2022

$100,000

Current of May 10, 2022. Data © 2022Reserved. MLS of Hilton Head Island. Rights Reserved. | Sponsored| of All May 10, 2022. | Data © 2022 MLS ofas Hilton Head Island. AllShowingTime. Rights | Sponsored byAll South Carolina REALTORS®. Current as of May 10, 2022. Data © 2022 MLS of Current Hilton Headas Island. Rights Reserved. Sponsored by South Carolina REALTORS®. | Report © 2022

$200,000 Historical Median Sales Price

2022

$500,000 $400,000

4-2015 16

10-2016 - 38.5% 4-2017

2021

$600,000

$400,000 8

$600,000

10-2014

14

$575,000

20 $200,000

,000 $0 4-2014

$700,000

20

,000

All MLS — Sea Pines —

Historical Median Sales Price - Rolling 12-Month Calculation

2022

All MLS — Sea Pines —

37


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