Lowcountry Living & Real Estate Report January 2022

Page 58

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.


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Lowcountry Living & Real Estate Report January 2022 by Lowcountry Living & Real Estate Hilton Head - Issuu