Lowcountry Living & Real Estate May 2022 Report

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

Local Market Update – March 2022

Local Market Update – March 2022 Wexford Real Estate Market Report A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®

Wexford | March 2022

Wexford Local Market Update – March 2022 March Local Market Update – March 2022

Local Market Update – March 2022 A Research Tool Provided by the Multiple Listing Service of Hilton

Wexford

A Research Tool Provided by the Multiple Listing Service of and the Hilton Area of REALTORS® AIsland Research Tool by the Head Multiple Listing Association ServiceofofREALTORS® Hilton Head Head Island and theProvided Hilton Head Area Association HeadTool Island and thebyHilton Head Area Association of REALTORS® A Hilton Research Provided the Multiple Listing Service of 2022 Hilton Head Island and the Hilton Head Area2021 Association of REALTORS®

Key Metrics

Detached Homes Only 4 Wexford

New Listings

Wexford Wexford

Closed Sales

Key Metrics

3

10

Key Metrics

Median Sales Price*

$1,355,000

New Listings

Percent of List Price Received*

4

Closed Sales

Key Metrics Key Metrics Days on Market Until Sale Key Metrics

Closed Sales

10

2022

Percent Change

- 25.0%

12

5

Year to Date

5

- 68.8%

- 90.0% - 29.5%

March

16

Percent Change

2021

$1,110,000

3

-425.0%

- 58.3%

2021

2022

- 0.8% 96.7% March March March 10 90.0% 1 Percent Change 2022 2021

95.5%

96.3%

2021

2022

$955,000

New Listings

Percent Change

March

1

2021

Year to Date

2022 Percent Change

$2,200,000

2021

- 25.0% 5

12

3

Year to Date Percent Change

+ 98.2%

2022

12 - 58.3%

+ 2.1% 98.7% Year to DateYear to Date Year - 90.0% 5 16 - 68.8% 16 to Date

1

Wexford Real Estate Market Report

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

5 5

Percent Cha

- 58.3%

- 68.8%

Percent Change 2021 2022 Percent Change Percent Change 2021 2022 2021 2022 + 36.4% 166 2021 - 16.9% 150 138 Percent Change Percent Change 2021 2022 2022 Median Sales Price* $1,355,000 29.5% $1,110,000 $955,000 $2,200,000 New Listings 44 - 25.0% 12 $1,110,000 - 58.3% 3 Median Sales Price* $1,355,000 - 29.5% +- 58.3% 98.2% $955,000 $2,200,000 New Listings - 25.0% 1255 3 40 - 58.3% 3- 100.0%- 25.0% Inventory of Homes forNew SaleListings 6 -- 12 --5 -Percent of List Price Received* 96.3% 96.7% 98.7% Closed Sales 10 - 90.0% 1695.5% - 68.8% 1 5 - 0.8% * Does notPercent account for saleClosed concessions and/or downpayment using rounded can1sometimes small sample16 size. Sales -to 90.0% 165 -+68.8% 1 look -extreme 5 of List Price Received* 96.3% -due0.8% 96.7% 2.1% Closed Sales assistance. | Percent changes are calculated 1010 figures and95.5% 90.0% -98.7% 68.8% Days on Market Until $1,355,000 Sale 110 + 36.4% 166 150 $2,200,000 138 Median Sales Price* - 29.5% $1,110,000 + 98.2% $955,000 Sales Price* $1,355,000 $1,110,000 $1,110,000 + 98.2% $2,200,000 Sales $1,355,000 $955,000 - 29.5% + 98.2% $955,000- 29.5% $2,200,000 Days on Median MarketMedian Until Price* Sale 110 + 36.4% 166 - 16.9% 150 138 Percent of List Price Received* of Homes for 96.3% - 0.8% 96.7% 0 + 2.1%2022 95.5% 98.7%- 100.0% Inventory Sale 6 --2021 List Price Received* 96.3% + 98.7% 2.1% 95.5% 98.7% Percent Percent of List of Price Received* 96.3% 96.7% + 2.1% 95.5% - 0.8% - 0.8%96.7%

110

March

* Does not account for sale concessions6and/or downpayment assistance. are calculated using rounded figures can sometimes look extreme Inventory of Homes Sale Until - 100.0% --and138 -0 | Percent+changes -- due to small sample size. Daysfor on Market Sale 110 36.4% 166 - 16.9% 150

Days on Market Until Sale

Days on Market Until Sale

110

150

6 6

0 0

110

150

+ 36.4%

166

- 100.0% - 100.0%

---

+ 36.4%

138

- 16.9%

---

---

166

6 sample size. $1,355,000 10 assistance. | Percent changes are calculated * Does not account for sale concessions and/or downpayment using rounded figures and can sometimes look extreme due to small Inventory of Homes for Sale Inventory of Homes for Sale

March Inventory* Does of notHomes Sale 6calculated using rounded figures0and can sometimes look-extreme 100.0% account for salefor concessions and/or downpayment assistance. | Percent changes are due to small sample size.

--

$955,000

* 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.

March

2021

138

- 16.9%

--

--

* 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.

4

March March 2022

3 March

- 25.0%

- 90.0%

3

- 29.5%

Median Sales Price* 1

New Listings New Listings

Historical Median Sales Price Closed SalesSales Closed

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

$1,500,000

2022 6

2021

2022

- 100.0%

00

--100.0% 100.0% All MLS —

0

Inventory for Inventory of ofHomes Homes forSale Sale Wexford --— 100.0% 100.0%

Rolling 12-Month Calculation Median Sales Price* Median Sales Price*

Historical Median Sales Price - Rolling 12-Month Calculation

$1,750,000 $1,750,000 $1,750,000

$1,000,000

$1,500,000 $1,500,000

All MLS — All MLS — Wexford —

Wexford —

$1,250,000

$1,750,000

WEXFORD

$1,000,000

$1,500,000 $1,000,000 $1,000,000

$500,000

$1,500,000

$1,250,000

$250,000

$1,250,000 $1,000,000 $0

$500,000

$500,000 $500,000 $250,000 $250,000

4-2014 10-2014 $750,000 4-2015 $1,000,000

$750,000 $500,000

$500,000

ALL MLS

$750,000

$750,000 $750,000

All MLS — Wexford —

AllMLS MLS — — All Wexford — — Wexford

$1,750,000 $1,250,000 $1,250,000

$750,000

Inventory of Homes for Sa

0

Inventory Sale Inventoryof ofHomes Homes for for Sale

Historical Median Sales 12-Month Calculation $1,500,000 Historical Median Sales PricePrice RollingRolling 12-Month Calculation

$1,250,000

20

0

- 29.5%

Median Sales Price* - 29.5% - 29.5%

--

6

Median Sales Price*

- 29.5%

Closed Sales Sales Closed

- 16.9%

$955,000 Inventory of Homes for Sale

Closed Sales

- 90.0% - 90.0%

0

- 100.0%

- 90.0%

1 90.0% Rolling 12-Month Calculation --90.0% 1 New Listings

NewListings Listings New

- 25.0%- 25.0%

11

- 25.0%

3

$955,000 $955,000

+ 2.1%

2021

2021

$955,000 6

66

$1,355,000 $955,000

3

33

25.0% Historical Median Sales- -25.0% Price

$1,750,000

10

Closed Sales

44

4

$1,355,000 $1,355,000 $1,355,000

10 1 10 10 4

New Listings 4

$1,355,000 2021 2022 2021 2022

10

+ 98.2%

$250,000

10-2015

4-2016

$0 $0 4-2014 10-2014 4-2014 10-2014

10-2016

4-2017

$0

4-2015 10-2015 4-2016 4-20154-2014 10-2015 10-2014 4-2016

10-2017

4-2018

10-2018

4-2019

10-2016 4-2017 10-2017 4-2018 10-2018 4-2015 4-2017 10-2015 10-2016 10-20174-2016 4-2018 10-2016 10-2018

10-2019

4-2020

10-2020

4-2021

4-2019 10-2019 4-2020 10-2020 4-2021 4-2017 10-2019 10-2017 4-2019 4-2020 4-2018 10-2020 10-2018 4-2021

10-2021 10-2021 4-2019 10-2021

10-2019

4-2020

10-2020

4-2021

10-2021

$250,000 Current as of April 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime.

$250,000 $0 4-2014

$0 4-2014

10-2014

Current as of April 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime. Current as of April 10, 2022. Data © 2022 MLS as of Hilton Head10, Island. All Rights | Sponsored by South | Report © 2022 ShowingTime. Current of April 2022. Data Reserved. © 2022 MLS of Hilton HeadCarolina Island.REALTORS®. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 Showin

10-2014

4-2015

4-2015

10-2015

4-2016

4-2017 10-2017 4-2018 10-2018 Information Sponsored by

10-2016

4-2019

10-2019

4-2020

10-2020

4-2021

10-2021

Steve Timperman

10-2015 10-2016 4-2017 10-2018 4-2019 10-2019 10-2020 4-2021 10-2021 Current as of4-2016 April 10, 2022. Data © 2022 MLS of10-2017 Hilton Head 4-2018 Island. All Rights Reserved. | Sponsored by South4-2020 Carolina REALTORS®. | Report © 2022 ShowingTime.

843-384-8988 Steve@CharterOneRealty.com www.SteveTimperman.com

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

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