Local Market Update – November 2021
Local Market Update – November 2021
Spanish Wells 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 – November 2021 Real Estate Market Report Spanish Wells Spanish Wells | November 2021 Local Market Update – November 2021 Spanish Wells 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
Spanish Wells
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 2021 November Local Market Market Update Update––November November 2021 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®2021 Hilton Head Island and the Hilton Head Area 2020 Association of REALTORS®
Key Metrics
Detached Homes Wells Only 1 New Listings Spanish New Listings
Percent of List Price Received*
0
$0
$0
1
Closed Sales 0.0%
Closed Sales
Key Metrics
2021
16
19
Percent Change 11
2020 19
November 0.0%
0 2020
Key Metrics
Median Sales Price* New Listings
2020
Percent Change
1
Spanish Spanish Wells Wells
Closed Sales Key Metrics
Year to Date
--
1
--
2020
November --
0.0%
0
2021
November
0 November November 2021
2020
2021
0
1
+ 72.7% 2021
Percent Change
Year to Date Percent Change
2020
- 18.3% 19
0.0%
2021
16 + 18.8%
19
11 + 72.7%
19
Year +to2.8% Date
97.0% -11 19 Year totoDate Year Date 2021 2020
94.4% 0
--
Year to Date + 18.8%
$1,900,000 16
0.0%$2,325,000
1
Percent Change
Percent Change
Percent Change
-- Percent 220 $0 - Change 35.5% 0 142 -- Percent $0 $2,325,000 $1,900,000 Change Percent Change Percent Change 2021 2021 2021 2020 2021 $1,900,000 --0.0% 2020 $2,325,000 -+ 18.3% $0 1 16 18.8% 1 19 Inventory of Homes forNew Sale 6 -- 16 -- 94.4% --19 -- + 18.8% Listings 11 5 0.0% 1 1 - 16.7%0.0% 19 New Listings Percent of List Price 0.0% 16 + 18.8% Received* 0.0% 97.0% Closed SalesReceived* 0 -11 ++ 72.7% 0 19 Percent of List Price 0.0% -94.4% 2.8% 0.0% 97.0% * 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. Closed -11110 ClosedSales Sales Days on Market Until Sale 0 0 + 72.7% 00 1919 -- + 72.7% 0 -220 142 Median Sales Price* $0 -$2,325,000 - 18.3% $0 $1,900,000 Days on Market Until Sale 0 -220 35.5% Median Sales Price* $0 -$2,325,000 18.3% $0 $1,900,000 0 142 Median Sales Price* $0 -$2,325,000 - 18.3% $0 $1,900,000 Inventory of Homes for Sale 6 - 16.7% -5 -2020 2021 Percent of List Price Received* 0.0% -94.4% + 2.8% 0.0% 97.0% Percent of List Price Received* 0.0% -94.4% + 2.8% 0.0% 97.0% Days on Market Until Sale
0 KeyMetrics Metrics Median Sales Price* $0 Median Sales Price*Key New Listings
November
2020 2020
Percent of List Price Received* 0.0%| * Does not account for sale concessions and/or0.0% downpayment assistance.
Inventory of Homes for Sale
6
Days on Market Until Sale Dayson onMarket Market UntilSale Sale Days Until
5
000
--are calculated using 94.4% + extreme 2.8% due to small sample size. 97.0% Percent changes rounded figures and can sometimes look
- 16.7%
00 0
--
--
--
-- --
220 220
- 142 35.5% - 35.5%
- 35.5%
-- -- --
5-----
--
6 size. * Does not account 1 for sale concessions 1 and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample
November Inventory Homes forSale Sale Inventory ofInventory Homesofof for Sale Homes for
55 5
666
--
220 142 142
- 16.7% - 16.7% -- -- 16.7%
20
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.
November
1
2020 November November November 2021
1
1
11
1
2020 2021 2021 2020
11 0
1
0
$0
6
$0
5
65
--
- 16.7%
New Listings
Closed Sales
Median 0 Sales Price* 0
Inventory $0 of Homes for $0 Sale
--
0 New Listings 0
0
0
Rolling 12-Month Calculation -0 0 --0 0 New Listings Closed Sales
0.0% New Listings
0.0%
$3,000,000
New Listings
Closed Sales
Closed Sales
Rolling 12-Month -- Calculation Median Sales Price*
$2,500,000
$2,000,000
Historical Median Sales Price
- 16.7%
Inventory of—Homes for Sale All MLS
Historical Median Sales Price - Rolling 12-Month Calculation
$2,500,000
$3,000,000
$2,500,000
$3,000,000
Rolling 12-Month Calculation
All MLS —— Spanish Wells Spanish Wells —
All MLS — Spanish Wells —
Rolling 12-Month Calculation
$2,500,000
All MLS — Spanish Wells —
$2,000,000
$2,000,000
$2,000,000
$1,000,000
$3,000,000 $2,500,000
SPANISH WELLS
$1,500,000
$1,500,000
$1,500,000
$500,000
$2,500,000
$2,000,000
$1,000,000
4-2015 $500,000
$2,000,000
$500,000
10-2015
$0 4-2014 $0 4-2014
$1,000,000
ALL MLS
$500,000
$500,000
$0 $1,500,000 4-2014 10-2014
$1,500,000
$1,000,000
$1,000,000
4-2016
10-2014
10-2014
A Spanish
Inventory of Homes for Sale
$3,000,000
Historical Median Sales Price
Inventory of Home
- 16.7%
-$0 - 16.7% All MLS — $0 $0 Median Sales Price*$0 Inventory ofSpanish HomesWells for Sale — Median Sales Price* Inventory of Homes for Sale -- 16.7%
Historical Median Sales PriceSales Rolling 12-Month Calculation Median Sales Price* New Listings Closed Historical Median Sales Price Rolling 12-Month Calculation $3,000,000
- 16.7%
Median Sales Price*
--
-Historical Median Sales Price --
5
--
$0 $0 Closed $0 Sales $0
0.0%
2021
5
-0.0%
$1,500,000
2020
6
6
0.0%
Historical Median Sales0.0% Price
2021 6
2020
1
10-2016
4-2017
10-2017
4-2018
$0 4-2015 10-2015 4-2016 10-2016 4-2017 4-2014 10-2014 4-2015 10-2015 4-2015
10-2015
4-2016
10-2016
4-2017
10-2017
10-2018
4-2016
10-2017
4-2018
4-2019 10-2018
10-2016
4-2018
10-2019
10-2018
4-2019
4-2017
4-2019
4-2020
10-2019
10-2017 10-2019
10-2020
4-2020
4-2018
4-2020
4-2021
10-2020
4-2021
10-2018
10-2020
4-2021
10-2021 10-2021
4-2019
10-2019
4-2020
10-2020
4-20
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. Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
$1,000,000
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2
$0 4-2014
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
10-2014
4-2015
10-2015
$500,000
4-2016
4-2017 10-2017 4-2018 10-2018 Information Sponsored by
10-2016
Beth Drake
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.
$0 4-2014
38
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
843-422-7500 www.BethDrake.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.