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 Colleton River 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®
Colleton River | March 2022
Colleton River 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
Colleton River
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 River Only 4 Colleton
New Listings
Key Metrics
Colleton River River Colleton
Median Sales Price*
$800,000
Closed Sales
3
Key Metrics
New Listings
Percent of List Price Received*
6
4
Closed Sales
Key Metrics Key Metrics Days on Market Until Sale Key Metrics
Closed Sales
3
2022
Percent Change
+ 50.0%
11
17
Year to Date
7
- 41.7%
- 33.3%
March
12
Percent Change
2021
+ 84.9%
2022
6
+ 54.5%
2021
2022 Percent Change
$1,367,000
$842,500
+4 50.0%
+ 0.5% 96.0% March March March 333.3% 2 Percent Change 2022 2021
96.2%
95.7%
2021
2022
$1,479,500
New Listings
Percent Change
March
2
2021
Year to Date
6 2
2021
+ 50.0% 17
11
Year to Date Percent Change
+ 62.3%
2022
11 + 54.5%
+ 0.3% 96.3% Year to DateYear to Date Year - 33.3% 7 12 - 41.7% 12 to Date
Percent Chan
17 7
+ 54.5%
Percent Change 2021 2022 Percent Change Percent Change 2021 2021 2022 +2022 4.5%Percent Change 158 2021 - 28.5% 69 113 Percent Change 2021 2022 2022 Median Sales Price* $800,000 + 84.9% $842,500 $1,479,500 $1,367,000 New Listings 44 11 + 54.5% 6 17 Median Sales Price* $800,000 + 84.9% $842,500 ++ 62.3% $1,479,500 $1,367,000 New Listings + 50.0% 11 54.5% 6 + 50.0% 46 + 54.5% 6- 40.0% + 50.0% 17 Inventory of Homes forNew SaleListings 10 -- 11 --17 -Percent of List Price Received* 95.7% 96.0% 96.3% Closed Sales 3 - 33.3% 1296.2% - 41.7% 2 7 + 0.5% * Does notPercent account for saleClosed concessions and/or downpayment using rounded can2sometimes small sample12 size. Sales -to 33.3% 127 -+41.7% 2 look -extreme 7 of List Price Received* 95.7% +due0.5% 96.0% 0.3% Closed Sales assistance. | Percent changes are calculated 3 3 figures and96.2% 33.3% -96.3% 41.7% Days on Market Until Sale 66 + 4.5% 158 69 $1,367,000 113 Median Sales Price* $800,000 + 84.9% $842,500 + 62.3% $1,479,500 Sales Price* $800,000 + 84.9%+ 84.9% + 62.3% $1,367,000 Sales $800,000 $1,479,500 + 62.3% $1,479,500 $1,367,000 Days on Median MarketMedian Until Price* Sale 66 + 4.5% $842,500 $842,500 158 - 28.5% 69 113 Percent of List Price Received* of Homes for 95.7% + 0.5% 96.0% 6 + 0.3%2022 96.2% 96.3%- 40.0% Inventory Sale 10 --2021 List Price Received* 95.7% + 96.3% 0.3% 96.2% 96.3% Percent Percent of List of Price Received* 95.7% 96.0% + 0.3% 96.2% + 0.5% + 0.5%96.0%
66
March
* Does not account for sale concessions and/or calculated using rounded figures can sometimes look extreme Inventory of Homes Sale Until 10 - are 40.0% --and113 -6 | Percent changes -- due to small sample size. Daysfor on Market Sale 66downpayment assistance. + 4.5% 158 - 28.5% 69
Days on Market Until Sale
66
69
Inventory of Homes for Sale Inventory of Homes for Sale
10 10
6 6
Days on Market Until Sale
66
69
+ 4.5% $1,479,500
158
- 40.0% - 40.0%
---
+ 4.5%
113
- 28.5%
---
---
158
* Does not account for sale6concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small 10sample size.
March Inventory* Does of notHomes Sale - 40.0% account for salefor concessions and/or downpayment assistance. | Percent changes 10 are calculated using rounded figures6and can sometimes look extreme due to small sample size.
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.
March
2021
$800,000
3
March March 2022
March
2
6 6
3
- 33.3%
3 Closed Sales
New Listings 4
2
3 + 50.0% 50.0% Historical Median Sales++50.0% Price
$1,200,000
New Listings New Listings
10 $800,000 10 $1,479,500
- 33.3%
Historical Median Sales Price Closed SalesSales Closed
Historical HistoricalMedian MedianSales SalesPrice Price Rolling Rolling 12-Month 12-Month Calculation Calculation
Median Sales Price* + 84.9% + 84.9%
Rolling 12-Month Calculation Median Sales Price* Median Sales Price*
$1,200,000
$600,000
$600,000 $600,000
ALL MLS
$800,000
$400,000
10-2015
4-2016
10-2016
4-2017
$200,000 $200,000 $200,000 4-2014 10-2014 4-2015 10-2015 4-2016 4-2014 10-2014 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
Current as of April 10, 2022. Data © 2022 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2022 ShowingTime.
$200,000 4-2014
$200,000 4-2014
$400,000
$400,000 $400,000
$400,000
All MLS — Colleton River —
COLLETON RIVER
$1,000,000
$600,000
- 40.0%
Inventory of Homes for Sa
Colleton River — $800,000
$800,000 $800,000
4-2015
20
All MLS — All MLS — Colleton River —
$1,200,000
$600,000
--
6
AllMLS MLS — — All ColletonRiver River — — Colleton
$1,000,000
$200,000 $800,000 10-2014 4-2014
- 28.5%
6
Inventory Sale Inventoryof ofHomes Homes for for Sale
$1,000,000 $1,000,000
$400,000 $1,000,000
+ 0.3%
6
--40.0% 40.0% All MLS —
$1,200,000 $1,200,000
$1,200,000 $600,000
2022
10
Historical Median 12-Month Calculation Historical Median SalesSales PricePrice RollingRolling 12-Month Calculation
$800,000
+ 62.3%
Inventory Homes for Inventory of ofColleton HomesRiver forSale Sale -— -40.0% 40.0%
Historical Median Sales Price - Rolling 12-Month Calculation
$1,000,000
2021
Median Sales Price*
+ 84.9%
Closed Sales Sales Closed - 33.3% - 33.3%
2022 10
2022 2022
- 41.7%
2021
+ 84.9%
Closed Sales
33.3% Rolling 12-Month Calculation --33.3%
--
Inventory of Homes for Sale
$800,000
2
--
10
- 40.0% 66
$800,000 Median Sales Price*
22
New Listings
NewListings Listings New + 50.0%+ 50.0%
2
+ 84.9% $800,000 $800,000
33
- 28.5%
2021 2021
$1,479,500 $1,479,500 $1,479,500
4
66
44
4 + 50.0%
6
113
6 $1,479,500 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.
Colleton River 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®
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
Jeff Hall
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.
843-384-7941 Jammerhhi@gmail.com www.JeffHall.BeachClubRealEstate.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. Familiar Faces. Trusted Advisors.
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