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September 2018 Hilton Head/Bluffton Market Report

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Happy Fall from the Lowcountry!

We’ve moved into a stretch of beautiful Fall-like weather with crisp skies and nice temperatures, reminding us all why Autumn is one of the most special times of the year by the beach.

Our market continues to move along quite nicely, so it’s no surprise that we posted a 31% increase in pending sales in September compared to the same month in 2017, which is when Irma affected certain areas of the Lowcountry. Buyers remain confident and enthusiastic about buying their own piece of this special part of the country.

Year-over-year comparisons show our market remaining very consistent in its improvement over 2017, with both pending and closed sales posting a 13% gain over last year’s stats.  Average days on market sits at 134, while the average sales price to list price ratio is up to 96.6%… Impressive!

Here’s hoping that your October is terrific, and that you’ll let us know how/when we can be of any assistance to you at all.  We stand ready to serve

Best-

Chip

 


Monthly Indicators

Housing Supply Overview

Reports by Area / Plantation