October 2018 Bluffton / Hilton Head Market Report

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    Happy Thanksgiving, Y’all!

    We are excited about the upcoming holidays, as this is our big season of giving back to our clients and community. We had our annual Food Drive for Deep Well this past weekend, we are looking forward to our Annual Pie Day, we’ll soon be visiting our favorite vendors and support-companies with goodies, and we are getting close to the Bluffton Christmas Parade, the Bluffton Self Help Toy Drive, and our always-popular CGR Shopping Spree and Lunch. It’s a wonderful and busy time of the year!

    By all accounts, it looks like the year is on track to finish strong with double-digit climbs in pending and closed sales compared to 2017, a nice drop in the days on market average, and a solid 96.5% average for the market-area sales price/list price ratio.   2018 has proven to be a terrific (and important) year for our market.

    Meanwhile, if you’re like us, you may be keeping a close eye on interest rates.  The prediction for 2019 is for more increases, so please, please take a close look at your plans for buying, because it could be really beneficial for you to act sooner than later if your plans will allow. We think you’ll be really glad you did.

    We give thanks to you for your time, your interest, and your business in allowing us to serve your real estate needs and goals in the Lowcountry.  It’s truly our pleasure to serve you!

    Have a wonderful holiday ahead!

    Best-

    Chip

     


    Monthly Indicators

    Housing Supply Overview

    Reports by Area / Plantation