Lowcountry Living & Real Estate May 2022 Report

Page 44

Local Market Update – March 2022

Local Market Update – March 2022

Hampton Hall 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®

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 Real Estate Market Report Hampton Hall HamptonUpdate Hall | –March 2022 Local MarketHall March 2022 Hampton A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®

A Research Tool Provided by the Multiple Listing Service of Hilton

Hampton Hall

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

Local 2022 March Local Market Market Update Update––March March 2022 A Research Tool Provided by the Multiple Listing Service of A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®2022 Hilton Head Island and the Hilton Head Area 2021 Association of REALTORS®

Key Metrics

Detached Homes Only New Listings Hampton Hall16

6

Hampton Hampton Hall Hall

Closed Sales Key Metrics

12 2021

Key Metrics

Median Sales Price* New Listings

Closed Sales98.5%

Key Metrics

12

2022

31

14

2022 - 8.3%Percent Change 19

2021 22

March- 62.5%

March

2021

$662,000 6

New Listings

Closed Sales

2021

Percent Change

11

$502,81516

Percent of List Price Received*

Year to Date

March + 2.5%

101.0%

11 March March 2022

2021

2022

+ 31.7% - 62.5% $546,630 16

Percent Change

Year to Date - 54.8% + 15.8% 2022

Percent Change

$587,070 31

6

- 62.5%

2021

+ 7.4% 14

Percent Change

2022

31 - 54.8%

14

19 + 15.8%

22

Year +to1.9% Date

100.2% - 8.3% 22 19 Year totoDate Year Date 2022 2021

12 - 8.3% 98.3% 11

Year to Date Percent Change

Percent Change

118 + 20.3% 151 +Change 4.0% 142 157+ 31.7% $502,815 $662,000 Percent Percent Percent Change Percent Change$546,630 2022 2021 2022 KeyMetrics Metrics Median Sales Price* 2021 $662,000 2022 2021$546,630 2022 Median Sales Price*Key $502,8152021 + Change 31.7% 7.4% $587,070 $587,070 New Listings 16 - 62.5% 31 -+54.8% 6 14

Days on Market Until Sale

Inventory of Homes forNew Sale Listings 1616 3 New Listings Percent of List 12 Price Received*

- 62.5% 6 6 - 75.0% - 62.5% 98.5%

-- 98.3% --14+ 2.5%- 54.8% 14 - 54.8%

-- 101.0% 3131

Closed SalesReceived* - 8.3% 19 Percent of List Price 98.5% 12 + 2.5% 98.3% 101.0%11 * 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. 1111

$502,815 Inventory of Homes for Sale Percent of List Price Received* 98.5% Percent of List Price Received* 98.5%

118 $502,815 $502,815

Inventory of Homes for Sale

12

Until Sale Dayson onMarket Market UntilSale Sale Days Until 16 Days on Market

$662,000

142 $662,000 $662,000 3

142 142 142

118 118 118

- 118 8.3% - 8.3%

March Inventory Homes forSale Sale Inventory ofInventory Homesofof for Sale Homes for 12

19142 19

+ 31.7%

- 75.0%

--

--

$662,000 + 20.3% 151 20.3% 151 + +20.3%

$502,815 33 3

12 1212

11

March

+157 4.0% + 4.0%

+ 4.0%

-- -- --

-----

--

- 75.0% - 75.0% -- -- 75.0%

March March

12

2022

16

6

12

- 62.5%

- 8.3% 12

New Listings

6 Closed 6

6

12 12

11

Sales

Median Sales Price*

3

Closed Sales

Median Sales Price*

+ 31.7% + 31.7%

- 8.3%

Rolling 12-Month + 31.7%Calculation Median Sales Price*

Closed Sales

- 75.0%

33 Inventory of Home

- 75.0% - 75.0% All MLS — Inventory of Hampton Homes for HallSale — Inventory of Homes for Sale - 75.0%

Median Sales Price* Median Sales Price* + 31.7%

Historical Median - 8.3% Sales Price

$700,000

Historical Median Sales PriceSales Rolling 12-Month Calculation Median Sales Price* New Listings Closed Historical Median Sales Price Rolling 12-Month Calculation

$600,000

Historical Median Sales Price

- 75.0%

Inventory of Homes for Sale

Inventory of—Homes for Sale All MLS

A Hampt

Historical Median Sales Price - Rolling 12-Month Calculation

All MLSHall —— Hampton Hampton Hall —

$800,000

Rolling 12-Month Calculation

$800,000

Historical Median Sales Price $700,000

$800,000

$700,000

$800,000

$700,000

All MLS — Hampton Hall —

HAMPTON All MLS — HALLHall — Hampton

Rolling 12-Month Calculation

$600,000

$600,000

$600,000

$400,000

$800,000

$700,000

$300,000

$600,000

$500,000

$500,000

ALL MLS

$500,000

$400,000

$400,000

$400,000

$500,000 $200,000 4-2014 10-2014

$600,000

$400,000

$500,000

2022

Inventory of Homes for Sale

New Listings

Closed Sales Closed - 8.3%Sales

2022 12

12

+ 31.7%3

Rolling 12-Month Calculation - 8.3%

- 62.5%

20

- 75.0%

- 8.3%

New Listings - 62.5%New Listings

2021

3

$502,815 + 31.7%

--

12

1212

$662,000

$502,815 $502,815 $502,815

11 11

11

Historical Median Sales- 62.5% Price New Listings

$662,000

2021

2021 2022 2022 2021

- 62.5%

6

- 62.5%

11

$502,815

$662,000 $662,000

16 16

16

$800,000

$662,000

16

6March 2021

157

--

151 157 157

Doesnot notaccount accountforforsale saleconcessions concessionsand/or and/ordownpayment downpaymentassistance. assistance.| Percent | Percent changes calculated using rounded figures and sometimes look extreme due to small sample changes areare calculated using rounded figures and cancan sometimes extreme due to small sample size.size. * Does not account for**Does sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and canlook sometimes look extreme due to small sample size.

$700,000

100.2%

+31.7% 20.3% $546,630 $546,630 151 $587,070 + +31.7% $587,070

12 size. * 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

$500,000

++ 15.8% 1.9%

+ 15.8% + 15.8% 2222 + 20.3% 151 $546,630 + 7.4% $587,070 + 4.0% + 7.4% 157 + 7.4% 12 - 75.0% -3 2021 2022 + 2.5% 98.3% 98.3% + 1.9% 101.0% 100.2% 2.5% + 1.9% 101.0% 100.2% Percent of List Price Received* + +2.5% 98.3% + extreme 1.9% 101.0% 100.2% * Does not account for sale concessions and/or98.5% downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look due to small sample size. Closed ClosedSales Sales Days on Market Until Sale 1212

Median Sales Price*

Days on Market Until SaleSales Median SalesPrice* Price* Median

March

22 100.2%

$300,000

$300,000

$300,000

4-2015 $300,000 10-2015 $200,000 4-2014 $200,000 4-2014

4-2016

10-2016

4-2017

10-2017

4-2018

$200,000 4-2015 10-2015 4-2016 10-2016 4-2017 4-2014 10-2014 4-2015 10-2015

10-2014

10-2014

4-2015

10-2015

4-2016

10-2016

4-2017

10-2018

10-2017

4-2016

10-2017

4-2018

4-2019

10-2019

10-2018

4-2019

10-2016

4-2018

10-2018

4-2017 4-2019

4-2020 10-2019

10-2017 10-2019

10-2020

4-2020

4-2018

4-2020

4-2021

10-2020

10-2018

10-2020

10-2021

4-2021

4-2021

10-2021

4-2019

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

$400,000

$200,000 4-2014

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

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

10-2014

4-2015

10-2015

$300,000

4-2016

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

10-2016

4-2019

10-2019

Kroupa and Bush Partners

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

42

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

843-816-1128 ken@carsonrealtysc.com www.kroupabush.carsonrealtysc.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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