The Sun City Hilton Head Monthly Market Report
November | SECTION B | Volume 12 I Issue 11
What’s My Home Worth? Follow the QR code to get instant results!
'Tis the season for change in the real estate market! Homes are hitting the market like never before, with a whopping 150% increase in listings compared to this time last year. In the span of just a month, we've witnessed a remarkable jump from 64 to 90 listings. It's a puzzle—whether it's a quirky blip or the start of a buyer's paradise is yet to be seen. The holiday season adds a layer of intrigue to the real estate scene, and surprisingly, it's a time when significant transitions occur. Buyers, rejoice! This market offers a chance to negotiate more freely than in the past year. Meanwhile, sellers, seize the moment! It's an opportune time to cash in while prices still flirt with historic highs. If you crave a complimentary, in-depth market analysis and some savvy insights on navigating this dynamic market, just reach out to me.
Sun City Market Comparison Key Metrics New Listings Closed Sales Median Sales Price Year-to-Date Percent of List Price Received (Sale-to-List Ratio) Inventory of Homes For Sale
October 2022 October 2023 71 48 $451,883 100% 36
Percent Change
74* 63 $522,308 98.53% 90
Information provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
GARY SMYTHE Real Estate Advisor (843) 301-1591 | Gary@GarySmythe.com GarySmythe.Raveis.Com
“These Properties were not all listed or sold by William Raveis and were listed and sold by various MLS Participating Offices.” If your property is currently listed with another Realtor this is not intended to be a solicitation. This information is believed to be accurate but not guaranteed.
4% 31% 15.5% -1.47% 150%