Lowcountry Living & Real Estate Report January 2022

Page 30

New Listings

Local Market Update – November 2021Local Market Update – November 2021

Closed Sales

Hilton Head Island and the 37 Hilton Head Area of REALTORS® - 43.2% 319 21 Association

Sea Pines Real Estate Market Report

Key Metrics

2020

2021

Percent Change

27 the Multiple20Listing Service - 25.9% A Research Tool Provided by of

2020

2021

363

297

Percent Change

- 18.2%

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

307

- 3.8%

Real Estate Market Report

Median Sales Price*

Local Market Update – November 2021 A Research Tool Provided by the Multiple Listing ServiceSea of Pines Hilton Head Island and the Hilton Head Area Association of REALTORS®

$1,030,000

$915,000

+ 12.6%

$1,150,000

$845,000

+ 36.1%

Sea Pines | November 2021 Sea LocalPines Market Update – November 2021

Percent of List Price Received*

97.4%

98.6%

+ 1.1%

95.9%

97.9%

141

89

- 37.3%

165

98

Days on Market Until Sale

+ 2.0% Detached Homes Only - 40.8%

70 23 A Research Tool Provided by the- 67.1% Multiple Listing-- Service of --Hilton Head Island andHilton the Head HiltonArea Head Area Association of REALTORS® Hilton Head Island and the Association of REALTORS®

Inventory of Homes for Sale

Sea Pines

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

November

Detached Homes Only

Local Market Update – November 2021 Detached Homes Only A Research Tool Provided by the Multiple Listing 37 Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®

2021

Percent Change

2020

2021

Percent Change

New Listings

27

20

- 25.9%

363

297

- 18.2%

Closed Sales 2020 2021

37

21

- 43.2%

319

307

- 3.8%

$915,000

$1,030,000

+ 12.6%

$845,000

$1,150,000

+ 36.1%

Percent of List Price Received*

97.4%

98.6%

+ 1.1%

95.9%

97.9%

+ 2.0%

Percent Change 2021 Days on Market Until Sale

141

Sea Pines

NewPines Listings Sea Detached Homes Only 21

20

Local MarketClosed Update – November 2021 Sales A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS® - 25.9% - 43.2%

Median Sales Price* Key Metrics

2021 20

- 25.9%

165

23

- 67.1%

--

363

2021 297

Percent Change - 40.8% 98

2020

23

21November

November

- 43.2%

27

- 67.1% $1,030,000 27

2020$915,000 2021

Percent Change

2021

319

20

37

+ 12.6%

307

- 25.9% $915,000

--

2021

2020 - 3.8%

363

Year to Date $1,150,000

$845,000

Per

2021

297

-

70

$1,030,000

+ 36.1%

- 43.2% 319 307 Percent Change 2020 2021 + 2.0% 97.9% 43.2% 319 - 3.8% 23 Median- Sales Price* $915,000 + 12.6% $845,000 $1,030,000 $1,150,000 New Listings $915,000 $1,030,000 + 12.6% 27 + 36.1% - 25.9% 363 - 18.2% 20 297 Median Sales Price* $845,000 $1,150,000 Historical Median Sales Price Rolling 12-Month Calculation Days on Market Until Sale Percent of List Price Received* 141 - 37.3% 98.6% 165 + 1.1% 98 89All MLS — 97.4% 95.9%- 40.8% 97.9% Percent of List Price Received* 97.4% + 1.1% 95.9% + 2.0% 98.6% 97.9% Sea21 Pines — - 25.9% + 12.6% Condos / Villas Only - 67.1% Closed Sales 37 - 43.2% - 43.2% 319 - 3.8% 307 Days on Market Until Sale 141 - 37.3% 165 - 40.8% 89 New Listings Sales Median Sales Price* Inventory of Homes for Sale $1,200,000 Inventory of Homes for Sale Days 7098 - 67.1% Closed -- - 37.3% -23 -on Market Until Sale 141 165 89 98 Inventory of Homes for Sale 70 - 67.1% --23 -Median Sales Price* $915,000 + 12.6% $845,000 + 36.1% $1,030,000 $1,150,000 Yearusing to Date * Does not account for sale concessions and/orNovember downpayment assistance. | Percent changes are calculated rounded figures and can sometimes look extreme due to small sample size. Historical Median $1,000,000 All MLS — InventoryPercent of Homes for Sale 70 Sales Price Rolling -2312-Month Calculation- 67.1% -Change Percent Change Key Metrics 2020 2021 2020 Sea Pines — Percent of List Price Received* 97.4% 2021 98.6% + 1.1%Median Sales 95.9% + 2.0% Historical Price - Rolling 97.9% 12-Month Calculation November 2020 2021 * Does not account for sale concessions and/or downpayment assistance.$1,200,000 | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. 2020 $800,000 New Listings 12 + 41.7% 174 - 19.0% 17 141 2021 Days on Market 37 2020 2021 Local 2021 Until Sale 37.3%– November165 - 40.8% 89 Market -Update 98 70 141 $1,030,000 New Listings New Listings

Closed Sales Median Sales Price*

Closed Sales27

Key Metrics

Percent of List Price Received* Closed Sales 37 21

Sea Pines

363

21

2020

Percent Change

Year to Date

--

- 18.2%

* 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

+ 12.6%

Percent Change

- 37.3%

70

- 25.9%

Year to Date

2020 89

November

Inventory of Homes for Sale

20

37

New Listings November

2020

70

27

Key Metrics

Detached Homes Only

Median Sales Price*

2020

Year to Date

2020

November

$1,030,000

$915,000

Key Metrics

27

November

--

Key Metrics

* 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.

Homes for Sale 37

of - 18.2% 297 Inventory

2020

2021

Percent Change 20

98.6%

97.4% 307

21

+ 1.1%

95.9%

+

-

* 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.

Local Market Update – November 2021 November

Closed Sales $600,000

Median Sales Price*

$915,000Service A 27Research Tool Provided 15 by the Multiple13Listing of - 13.3% 167 Hilton Head Island and the Hilton Head Area Association37 of REALTORS® 70 21 Inventory of Homes for Sale 20

November + 0.9% $555,000

$550,000

145

- 13.2%

$1,000,000 A Research Tool Provided by the Multiple Listing Service of

Hilton Head Island and the Hilton Head Area Association of REALTORS®

$567,000

$450,000

23 + 26.0%

- 67.1%

$800,000

$915,000 $600,000 37 + 2.6%

70--

--

$1,030,000

-SEA PINES

23 * 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.

$400,000

Percent of List Price Received*

November Sea Pines

$200,000 Days on Market Until Sale- 25.9% 4-2014

10-2014

99.3%

96.1%

27

4-2015

10-2015

102 - 43.2%

4-2016

10-2016

New Listings

204-2017

10-2017

Closed Sales

Inventory of Homes for Sale

63

26

11

+ 3.3%

- 38.3% + 12.6%

27 10-2018

4-2018

99.5%

160

93

21

10-2019 - 67.1% 4-2020

4-2019

Median Sales Price*

96.9%

Sea Pines

10-2020

Inventory of Homes for Sale

- 57.7%

20

--

--

--

$200,000 4-2014

21

10-2014

4-2015

2020 10-2015

4-2016

10-2016

* 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. Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 Key ShowingTime. Metrics Rolling 12-Month Calculation All MLS — New Listings Sea Pines —

November

37

Historical Median/Sales PriceOnly Condos Villas

27

$1,200,000

Local 17 Market Update – November 2021 20

- 25.9% Condos/Villas Only 15

12

- 43.2%

Key Metrics

Sea NewPines Listings $600,000

Historical Median Sales Price - 25.9%

$400,000 / Villas Only Condos

Closed Sales

$200,000 4-2014

10-2014

+ 41.7%

Key Metrics

New ListingsMedian

4-2015

10-2015

4-2016

10-2016

4-2017

2020 SalesClosed Price* Sales

2021

Percent of List Price Received*

Days on Market Until Sale

4-2019

+ 0.9%

102

$500,000

13

- 13.3%

167

$550,000

$555,000

96.1%

99.3%

23

10-2021

2021

Percent Change

145

- 13.2%

- Median 43.2% Sales Price*

Year to- 67.1% Date

+ 26.0%

+ 0.9%

$450,000

$567,000

+ 3.3%

96.9%

99.5%

10-2019

4-2020

10-2020

4-2021

- 13.3%

167

Inventory of Homes --- 19.0%

63

2021

All Sea P

10-2021

Report © 2021 ShowingTime. - 19.0%

96.1%

- 13.2%

102 99.5%

+ 2.6%

145

96.9%

- 38.3%

93

160

- 57.7% 11 $800,000

99.3%

- 42.3%

26--

--

2

+ 2.6% + Inventory 12.6% of Homes Sale - 67.1% 23for Percent - 42.3% 93 Change

- 38.3% 2020 63 2021 160 Median Sales Price* 26 - 57.7% -11 174 141

102

Percent Change

$1,000,000 + 3.3% 99.3%

$1,200,000 $800,000 Inventory of Homes for26 Sale

Inventory of Homes for Sale

15

Percent Days on Market Until Sale Change 2021 Closed Sales Inventory 11 of Homes for Sale + 41.7% 17

Historical Median Sales+ 0.9% Price$450,000 Rolling$567,000 12-Month Calculation Historical Median Sales Price Rolling 12-Month Median Sales Price* $550,000Calculation + 26.0% $555,000 $1,000,000 All MLS $600,000

2020

70

* 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.

Percent Change

13

Days on Market Until 96.1% Sale

Percent Change

4-2020

- 67.1% All-MLS 2020 — 167 13.2% 145 17 $555,000 Sea Pines — $550,000 - 57.7% Closed Sales Median Sales Price* Inventory of Homes for Sale 26 15 2020 2021 13 $550,000 $450,000 + 26.0% $567,000 Median Sales Price* Inventory $555,000 of Homes for12Sale + 0.9%

$1,200,000

Percent of List Price Received*

2021 Year 10-2020 to Date4-2021

10-2019

Rolling 12-Month Calculation

10-2018

Current as of December 10, 2021. Data © 202112 MLS of Hilton Head Island. | Sponsored by South New$1,200,000 Listings + 41.7% 174Carolina REALTORS®. 17 All Rights Reserved. 141|

15

4-2019

- 43.2% 12.6% 15 13November - +13.3% Historical Median YearSales to Date Price Rolling 12-Month Calculation

10-2017 4-2018 November

- 13.3% New Listings

Closed Sales

+ 12.6%

Median Sales Price*

Percent of List Price Received*

2020 New Listings 12

10-2018

2021

2021

November

- 25.9% Closed Sales

New Listings

$800,000

21 26

$555,000

$550,000

13

10-2017 4-2018 November

2020

Closed Sales

Hilton Head Island and the Hilton Head Area Association of REALTORS®

4-2017

$1,030,000 Current as of December 10, 2021. Data © 2021 12 MLS of Hilton Head Island. | Sponsored by South Carolina REALTORS®. ShowingTime. + 41.7% 174 17 All Rights Reserved. 141| Report © 2021- 19.0% $915,000

2020

$1,000,000 A Research Tool Provided by the Multiple Listing Service of

ALL MLS 70

$1,030,000

$915,000

- 42.3% Condos / Villas Only 4-2021 10-2021 $400,000

2020

--

63 Sea Pines

+ 3.3% — —

+ 41.7%

- 38.3%

New Listings

11

- 57.7%

99.5%

96.9% 160

- 13.3%

Closed Sales

+ 0.9%

+ 2.6%11 All MLS — - 42.3% Sea Pines — - 57.7%

93

Median Sales Price*

Inventory of Homes for Sale

--

--

--

* 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.

$1,000,000

$600,000 2020 November

$400,000

$600,000

2021 November $800,000 17

$300,000

$200,000

13

17

$0 4-2014

$200,000 4-2014 12 10-2014

4-2015+ 41.7% 10-2015

10-2014

2020

$500,000

15

4-2015

10-2016 4-2017 - 13.3%

4-2016

$400,000 New Listings

26

10-2017

4-2018+ 0.9% 10-2018

4-2019

Median Sales Price*

10-2019 - 57.7% 4-2020

$555,000

$550,000

11

26

$300,000

$200,000 13 $200,000 4-2018 10-2015 4-20144-2016 10-201410-2016 4-2015 4-2017 10-2015 10-2017 4-2016 10-2016

Closed Sales

10-2020

4-2021 $100,000

10-2018 4-2017

4-2019 10-2017

10-2019 4-2018

4-2020 10-2018

10-2020 4-2019

4-2014

10-2015

4-2016

10-2016

+ 41.7%

$400,000

4-2015

10-2015

4-2016

10-2016

4-2017

10-2017

4-2018

10-2018

4-2019

10-2017

4-2018

10-2018

4-2019

10-2019

4-2020

10-2019

4-2020

11

10-2020

4-2021

10-2020

4-2021

10-2021

Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.

Lindsay Bunting & Charlie Wilmot

Closed Sales

$200,000

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

28

$0 4-2014

10-2014

$600,000

4-2015

10-2015

4-2016

10-2021

by South©Carolina REALTORS®. | Report © 202 Report 2021 ShowingTime.

- 13.3% + 0.9%| Sponsored by South Carolina REALTORS®.-| 57.7% Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. Report © 2021 ShowingTime.

New Listings

$300,000

All MLS — 4-2017 Sea Pines —

10-2016

4-2017

10-2017

4-2018

10-2018

4-2019

10-2019

4-2020

10-2020

4-2021

10-2021

Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.

4-2021

ALL MLS

10-2014

Information Sponsored by

$600,000

$500,000

10-2021 10-2020 4-2020 SEA PINES

Inventory of Homes for Sale

as ofofDecember 10, 2021. Data © 2021Reserved. MLS of Hilton Head Island. Rights Reserved. | Sponsored| as Head of December 10, 2021. | Data ©Current 2021 MLS Hilton Head Island. AllShowingTime. Rights | Sponsored byAll South Carolina REALTORS®. Current as of December 10, 2021. Data © 2021Current MLS of Hilton Island. All Rights Reserved. Sponsored by South Carolina REALTORS®. | Report © 2021 Rolling 12-Month Calculation 10-2014 4-2015

4-2021 10-2019

10-2021

$0 4-2014

$200,000 Historical Median Sales Price

2021

$400,000 $400,000

$600,000

$100,000

$555,000

All MLS — Sea Pines —

Historical Median Sales Price - Rolling 12-Month Calculation

2021 $600,000

$550,000

15

$400,000 12

2020

All MLS — Sea Pines —


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.