A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
Wexford Real Estate Market Report
Local Market Update – November 2021 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
Local Market Update – November 2021 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 | November 2021
Wexford Local Market Update – November 2021 November Local Market Update – November 2021
Local Market Update – November 2021 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 2021 Hilton Head Island and the Hilton Head Area2020 Association of REALTORS®
Key Metrics
Detached Homes Only 4 Wexford
New Listings
Wexford Wexford
Closed Sales
Key Metrics
1
2
Key Metrics
Median Sales Price*
$1,207,500
New Listings
Percent of List Price Received*
4
Closed Sales
Key Metrics Key Metrics Days on Market Until Sale Key Metrics
Closed Sales
2
2021
Percent Change
- 75.0%
54
33
Year to Date
+ 50.0%
101.9%
94.7%
2020
2021
$1,695,000
New Listings
Percent Change
November
3
2020
Year to Date
+ 40.4%
1
- 38.9%
50 November 44
Percent Change
2020
$1,080,250
2021
2021 Percent Change
$1,371,250
-475.0%
1
+ 7.6% 94.5% November November November +2 50.0% 3
3
Year to Date
- 12.0%
2020
+ 26.9%
Percent Change
2020
- 75.0% 33
54
2021
54 - 38.9%
33
+ 1.5% 95.9% Year to DateYear to Date Year + 50.0% 44 50 - 12.0% 50 to Date
44
Percent Change 2020 2021 2021 Percent Change Percent Change 2020 2021 Percent Change 2020 2021 - 48.2% 226 2020 - 39.4% 117 137 Percent Change Percent Change 2020 2021 2020 2021 Median Sales Price* $1,207,500 + 40.4% $1,080,250 $1,695,000 $1,371,250 New Listings 44 - 75.0% 54 $1,080,250 - 38.9% 1 33 Median Sales Price* $1,207,500 + 40.4% +- 38.9% 26.9% $1,695,000 $1,371,250 New Listings - 75.0% 54 1 45 - 38.9% 1- 68.8% - 75.0% 33 Inventory of Homes forNew SaleListings 16 -- 54 --33 -Percent of List Price Received* 94.5% 101.9% 95.9% Closed Sales 2 + 94.7% 50.0% 50 - 12.0% 3 44 + 7.6% * Does notPercent account for saleClosed concessions and/or downpayment using rounded can3sometimes sample50 size. Sales +to small 50.0% 5044 -+12.0% 3 look +extreme 44 of List Price Received* 94.7% +due7.6% 94.5% 1.5% Closed Sales assistance. | Percent changes are calculated 2 2 figures and101.9% 50.0% -95.9% 12.0% Days on Market Until $1,207,500 Sale 226 - 48.2% 226 117 $1,371,250 137 Median Sales Price* + 40.4% $1,080,250 + 26.9% $1,695,000 Sales Price* $1,207,500 + 40.4%+ 40.4% + 26.9% $1,371,250 Sales $1,207,500 $1,695,000 + 26.9% $1,695,000 $1,371,250 Days on Median MarketMedian Until Price* Sale 226 - 48.2%$1,080,250 $1,080,250 226 - 39.4% 117 137 Percent of List Price Received* of Homes for 94.7% + 7.6% 94.5% 5 + 1.5%2021 101.9% 95.9%- 68.8% Inventory Sale 16 --2020 List Price Received* 94.7% + 95.9% 1.5% 101.9% 95.9% Percent Percent of List of Price Received* 94.7% 94.5% + 1.5% 101.9% + 7.6% + 7.6%94.5%
226
November
* Does not account for sale concessions and/or downpayment assistance. calculated using rounded figures can sometimes look extreme Inventory of Homes Sale Until 16 - are 68.8% --and137 -5 | Percent -changes -- due to small sample size. Daysfor on Market Sale 226 48.2% 226 - 39.4% 117
Days on Market Until Sale
4
$1,695,000 - 48.2%
117
226
Days on Market Until Sale
226
117
137 16226
226
- 48.2%
- 39.4%
* 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.
Inventory of Homes for Sale Inventory of Homes for Sale
5 5
16 16
- 68.8% - 68.8%
---
---
November 3 | Percent changes 16 $1,207,500 Inventory* Does of notHomes Sale - 68.8% account for salefor concessions and/or downpayment assistance. are calculated using rounded figures5and can sometimes look extreme due to small sample size.
November
2020
* 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.
1
2
November November 2021
4
3
$1,695,000 $1,695,000 $1,695,000
44
4
- 75.0%
+ 50.0%
New Listings
2 Closed Sales
11
1
1
New Listings New Listings
3
--
--
$1,695,000 2020
5
2020
16
Median Sales Price*
Inventory of Homes55for Sale
+ 50.0%
+ 50.0% 50.0% Rolling 12-Month +Calculation
Closed Sales Sales Closed
Historical Median Sales Price Closed SalesSales Closed
5
Median Sales Price*
+ 40.4%
+ 50.0% + 50.0%
5
+ 40.4%
Closed Sales
--68.8% 68.8% All MLS —
Median Sales Price* + 40.4% + 40.4%
Rolling 12-Month Calculation Median Sales Price* Median Sales Price*
Historical Median Sales Price - Rolling 12-Month Calculation
All MLS — All MLS — Wexford —
$1,250,000
$1,500,000 $500,000
$1,250,000
$1,000,000
$1,000,000 $0 4-2014
$750,000
10-2014
Wexford —
WEXFORD
$1,000,000 $1,000,000 $1,000,000
$750,000
$750,000 $750,000
$1,250,000 $250,000
ALL MLS
$500,000
$500,000 $500,000
$250,000
$250,000 $250,000
4-2015
10-2015
$0 $0 4-2014 4-2014
4-2016
10-2016
4-2017
$0
10-2017
4-2018
10-2018
4-2019
10-2019
4-2020
10-2020
4-2021
10-2021
$750,000
$500,000
$500,000
$250,000 Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
$250,000
$0 4-2014
A W
AllMLS MLS — — All Wexford — — Wexford
$1,250,000 $1,250,000
$1,500,000
Inventory of Home
Inventory Sale Inventoryof ofHomes Homes for for Sale
$1,500,000
$750,000
- 68.8%
Inventory for Inventory of ofHomes Homes forSale Sale Wexford -— -68.8% 68.8%
Historical Median 12-Month Calculation $1,000,000 Historical Median SalesSales PricePrice RollingRolling 12-Month Calculation $1,500,000 $1,500,000
2021
16
- 68.8%
$1,207,500
20
202116
2021 2021
+ 40.4%
Historical HistoricalMedian MedianSales SalesPrice Price Rolling Rolling 12-Month 12-Month Calculation Calculation
$1,250,000
- 39.4%
2020 2020
16 16
$1,695,000
$1,207,500 $1,207,500 $1,207,500
2 - 75.0%
NewListings Listings New
$1,500,000
33
New Listings
75.0% Historical Median Sales- -75.0% Price
- 75.0%- 75.0%
22
1
3
$1,207,500
2
137
---
--
* 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.
4November
10-2014 10-2014
4-2015 10-2015 4-2016 4-2014 4-2015 10-2015 10-2014 4-2016
10-2016 4-2015 10-2016
4-2017 10-2017 4-2018 10-2018 10-201510-2017 4-2016 4-2017 4-2018 10-2016 10-2018
4-2019 10-2019 4-2020 10-2020 4-2021 4-2017 10-2019 10-20174-20204-2018 4-2019 10-2020 10-2018 4-2021
10-2021 4-2019 10-2021
10-2019
4-2020
10-2020
4-20
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime. Current as of December 10, 2021. Data © 2021 of Hilton Head10, Island. All Rights | Sponsored by South | Report © 2021 ShowingTime. Current asMLS of December 2021. Data Reserved. © 2021 MLS of Hilton HeadCarolina Island.REALTORS®. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2
$0 4-2014
10-2014
10-2014
4-2015
10-2015
4-2016
10-2016 4-2017 10-2017 4-2018 10-2018 Information Sponsored by
4-2019
10-2019
4-2020
10-2020
4-2021
10-2021
Steve Timperman
4-2015 10-2015 4-2016 10-2016 10-2017 4-2018 4-2019 by10-2019 4-2020 10-2020 10-2021 Current as of December 10, 2021. Data © 20214-2017 MLS of Hilton Head Island. All Rights 10-2018 Reserved. | Sponsored South Carolina REALTORS®. | Report4-2021 © 2021 ShowingTime.
843-384-8988 Steve@CharterOneRealty.com www.SteveTimperman.com
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
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