PALMETTO BLUFF PROPERTY REPORT
– 2024 THIRD QUARTER UPDATE –
The real estate market at Palmetto Bluff continues to thrive as we end the third quarter of 2024. Our team at Palmetto Bluff Real Estate Company has surpassed last year’s total sales by more than $100 million with three months remaining in the year. Year to date, our community has reached an impressive $358.9 million in sales, with 163 closed and pending transactions. Our team facilitated 114 of these transactions, significantly outpacing the next closest firm, which secured only 21.
Homes priced over $4 million are generating impressive momentum this year, with six closed and nine more pending—a remarkable increase compared to just one $4 million+ home closing in 2023 and two in 2022. Additionally, many current owners are choosing to upgrade to larger homesites and riverfront properties, with growing interest in future developments. The newly released homesites in Moreland Forest are a key part of this trend, capturing the attention of discerning buyers drawn to the beauty and thoughtful design of this secluded enclave.
As the exclusive agency for Palmetto Bluff, we offer a unique advantage in buying or selling homes here. Our listings consistently close at an average of $2.9 million, with faster sales thanks to our deep knowledge of the community. With exclusive access to current and future listings and developer releases, we invite you to discover the vibrant community we serve and the exciting developments on the horizon.
