Hilton Head Island and the Hilton Head Area Association of REALTORS®
Hilton Head Plantation Real Estate Market Report
Local Market Update – November 2021
Local Market Update – November 2021 Hilton Real Head Estate Plantation 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®
Hilton Head Plantation | November 2021
November Year to Date HiltonLocal Head Plantation Market 2021 Local MarketUpdate Update– November – November 2021 Hilton Head Plantation
Local Market Update – November 2021 A Research Tool Provided by the Multiple Listing Service of Hilton A Research Tool Provided by the Multiple Listing Service of Head Island and thebyHilton Head Area Association of REALTORS® Hilton Head and Hilton Head Area Association of REALTORS® AIsland Research Toolthe Provided the Multiple Listing Service of A Research Tool Provided by the Multiple Listing Service of 2020of REALTORS® 2021 Hilton HeadHead Island and and the Hilton HeadHead AreaArea Association Hilton Island the Hilton Association of REALTORS®
Key Metrics
New Listings
Percent Change
2020
2021
Percent Change
- 60.0%
347
296
- 14.7%
12
30
Detached Homes OnlyPlantation 30 - 30.0% 21November Hilton Head Hilton Head Plantation
Hilton Head Plantation
Closed Sales
Year -to12.5% Date
November274
313
Year to Date
$519,2502020 $680,000 2021+ 31.0%Percent $487,0002021 2020 + 27.3% 2020 $620,000 Percent Change 2021 Percent Change 2021 Key Metrics 2020 Change
Median Sales Price* Key Metrics
Percent of List Price Received*
New Listings98.4%
Days on Market Until Sale
Closed Sales 90
Inventory of Homes New forNew Sale Listings Listings
Median Sales 28 Price*
New Listings
KeyKey Metrics Metrics Key Metrics Closed Sales
New Listings
Median Sales Price*
100.9%
30
67
97.6% 12 + 2.4% 99.9% 347 - 60.0% 296
+ 2.5% 30
- 60.0% 12 November November November
2020 2020 302020
3010 30 30
$519,250
- 25.6% 30
347 Year to Date - 14.7% YearYear to Date to Date
110
77 - 30.0% - 30.0% 313
21
Change Change Percent Change 2021 20202020 2021 2021PercentPercent - 30.0% 21
2021 274
2021 2021 2020 313
- 12.5%
PercentPercent ChangeChange
Percent Change
296 274
+ 31.0% $680,000 296--296 $620,000 -- $487,000 - 14.7% - 14.7% 347 - 14.7% 296 $487,000 + 27.3% $620,000 98.4% 99.9% - 30.0% 313 - 12.5% 97.6% - 30.0% 313100.9% - 12.5% 21 21 274 274+ 2.5% - 30.0% 313 - 12.5% 21 274 + 2.5%$487,000 100.9% 99.9% + 31.0% $487,000 + 27.3% $680,000 + 31.0% $620,000 90 - 25.6% 110 + 2.4% 67 97.6% 77 + 27.3% $680,000 $620,000 + 31.0% $487,000 + 27.3% $680,000 $620,000 2020 2021 + 2.5% 97.6% + 2.4% 100.9% 99.9% + 2.5% + 2.4% 100.9% 99.9% - 64.3% -- - 30.0% --2825.6% 97.6% 10 110 67 77 + 2.5% 97.6% + 2.4% 100.9% 99.9% 28 $519,250
64.3% -- 60.0% - 60.0% 347 347 12 12-12 - 60.0%
$680,000
+ 31.0%
* 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.
Percent of List Price Received* 30 30 30 Percent of List Price Received* 98.4% Median Sales Price* $519,250 Days on Market Until Sale Median Sales Price* $519,250 Median Sales Price* $519,250 Percent of List Price Received* 98.4% of List Price Received* Inventory of Homes for Sale Days on Market Percent Until Sale 9098.4% Percent of List Price Received* 98.4% Closed Sales Closed Sales
Closed Sales
November
* Does not assistance. Days Market Until 90 Days on on Market Until SaleSale 90 downpayment 67 67 | 30account for sale concessions and/or
30
InventoryDays of Homes for Sale on Market Until Sale
28
Inventory of Homes Inventory of Homes for for SaleSale
Percent changes are calculated 110 using rounded look -extreme due to small sample size. - 25.6% 110 figures and 30.0% - 25.6% - 30.0% 77 can77sometimes
$680,000
10 67 10
90
28 28
- 64.3% - 25.6%
- 64.3%
--110
--
--
- 64.3% -10 -$519,250 21 * Does not account for sale concessions assistance. | Percent changes arechanges calculated using using rounded figures cansometimes sometimes look extreme to small * Does notand/or account downpayment for sale concessions and/or downpayment assistance. | Percent are calculated rounded figures and and can look extreme due to smalldue sample size. sample size. November
Inventory ofnotHomes for Sale - 64.3% 10can sometimes look extreme * Does account for sale concessions and/or downpayment assistance. | Percent changes are28 calculated using rounded figures and due to small sample size.
12 November November
30
2020 November 30 30 2021
30 - 60.0%
New Listings
12
12Closed
12
21 21
$600,000
28
2021
2020
2021
28
+ 31.0%
10 10
- 64.3% All MLS — Median Sales Price* - 64.3%
Median Sales Price* Median Sales Price*
- 30.0% Historical Median Sales Price
28
2020
10
+Sales 31.0% Closed + 31.0%
Historical Rolling 12-Month - 60.0% - 30.0% New ListingsMedian Sales Price Closed Sales Calculation
2
Inventory of Homes10for Sale
- 30.0%
Closed Sales Closed Sales
--
10
- 64.3%
$680,000
Median$519,250 Sales Price* $519,250
New Listings - 30.0%
New Listings New Listings
$680,000
$519,250 + 31.0% $519,250
21
Rolling 12-Month -Calculation 30.0%
- 60.0%
- 60.0%
Sales
21
-2020 2021 $680,000 2021
28 $519,250 28
21 $680,000 $680,000
- 60.0%
12 Historical Median Sales Price - 60.0%
2020
30
30 - 30.0% 30 12
30
$700,000
30 30
-- 30.0%
--
* 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.
November
--77 --
--
Hilton of Head Plantation — Inventory Homes for Sale Inventory of Homes for Sale
+ 31.0%
- 64.3%
Inventory of Hom
- 64.3%
Rolling 12-Month Calculation + 31.0% Median Sales Price*
64.3% Inventory All MLS- of — Homes for Sale
Historical Median Sales Price Rolling 12-Month Calculation Hilton Head Pla All MLS — — Hilton Head Plantation Historical Median Rolling Sales 12-Month Calculation Closed Sales Sales Price -Median Price* Inventory Hilton Head Plantation — of Homes for Sale $700,000
New Listings
$700,000
$500,000
Historical Median Sales Price $700,000
$600,000
Historical Median Sales Price $600,000
$400,000
$700,000
Rolling 12-Month Calculation
HILTON HEAD All MLS — PLANTATION
All MLS — Hilton Head Plantation —
$600,000
$500,000
Rolling 12-Month Calculation
$500,000
Hilton Head Plantation —
$500,000
$300,000
$700,000
$200,000 4-2014 $600,000
$600,000
$400,000
$300,000
$500,000
10-2014 $400,000
$500,000
$300,000 4-2015
10-2015 $300,000 4-2016
10-2016
4-2017
10-2017
4-2018
10-2018
4-2019
10-2019
4-2020
10-2020
4-2021
10-2021
$200,000 4-2014 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 $200,000 $200,000 4-2014 10-2014 4-20154-2014 10-2015 10-2014 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019 10-2019 4-2020 10-2020 4-2021 10-2021 4-2015 10-2015 4-2016 10-2016 4-2017 10-2017 4-2018 10-2018 4-2019
10-2019
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime. $300,000
$400,000
ALL MLS
$400,000
$400,000
4-2020
10-2020
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
$200,000 4-2014
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report ©
10-2014
4-2015
10-2015
4-2016
Information Sponsored by 4-2017 10-2017 4-2018 10-2018
10-2016
$300,000
4-2019
10-2019
4-2020
10-2020
4-2021
10-2021
LAWRENCE TAYLOR (843) 338-6511
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime. Lawrence@CharterOneRealty.com
$200,000 4-2014
10-2014
4-2015
10-2015
4-2016
10-2016
4-2017
10-2017
DICK PATRICK (843) 384-4020
4-2018
10-2018
4-2019
10-2019
4-2020
Dick@CharterOneRealty.com
10-2020
4-2021
10-2021
ROB MOORE (843) 384-5118
56
4-2
Current as of December 10, 2021. Data © 2021 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2021 ShowingTime.
robmoore@CharterOneRealty.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.