2018 YEAR END
Market Report HILTON HEAD ISLAND, DAUFUSKIE ISLAND, THE MAINLAND & BEAUFORT
CHARTER ONE REALTY #1 Ranked Real Estate Company in The Lowcountry
#1 Ranked Real Estate Company in The Locountry
COVER PHOTO: SOLD | 5 HIGH PONDS IN COLLETON RIVER SUCCESSFULLY MARKETED & SOLD BY CHARTER ONE REALTY
TABLE OF CONTENTS Hi lton Head I sl and at a Gl a nce Market Shapshot by Community
M ai nl and at a Gl a nce
Market Shapshot by Community
Beauf ort Reg ion at a gl a nce Market Shapshot by Zip Code
C h arter One Realt y i nf orm at ion Charter One Realty’s Commercial Division in Beaufort County Charter One Realty Year End Results Skilled Negotiation Luxury Partnership Reaching the World’s Buyers
CHARTER ONE REALTY ONE COMPANY | ONE VISION | ONE MISSION
Charter One Realty sets itself apart as a trusted brokerage in the Lowcountry through our diverse team of expert real estate professionals, support staff, and management. Our extensive knowledge of current market conditions, negotiation, and years of experience in the Lowcountry’s unique real estate market has helped our brand grow through local and international markets. With unparalleled market expertise, resources, leadership, integrity, and professional service, Charter One Realty strives to provide a superior client experience across all market segments.
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2018 Year End Market Report
SERVING THE LOWCOUNTRY
10 LOCATIONS
Charter One Realty has 10 offices in the Coastal Lowcountry with plans to expand to Beaufort and beyond. Five of those offices are located just outside of the gates of some of the most prestigious communities in the area - Belfair, Berkeley Hall, Colleton River, Oldfield and Hilton Head Plantation.Â
CHARTER ONE REALTY SOUTH 11 Park Lane, Hilton Head 843-785-4460 CHARTER ONE REALTY 5 Park Lane, Hilton Head 843-785-4460 CHARTER ONE REALTY NORTH 81 Main Street, Hilton Head 843-681-3307
CHARTER ONE REALTY BEACH MARKET 2 North Forest Beach Drive, Suite 119, Hilton Head 843-785-1115
CHARTER ONE REALTY BELFAIR 2 Belfair Oaks Boulevard, Bluffton 843-757-7710
CHARTER ONE REALTY COLLETON RIVER 2 Colleton River Drive, Bluffton 843-689-3131
CHARTER ONE REALTY BERKELEY HALL 1024 Berkeley Hall Boulevard, Bluffton 843-815-8400
CHARTER ONE REALTY PROMENADE 1 Promenade Street, Bluffton 843-815-0055
CHARTER ONE REALTY SUN CITY 10 William Pope Drive, Okatie 843-705-2830
CHARTER ONE REALTY OLDFIELD 10 Oldfield Way, Okatie 843-645-2530
CHARTER ONE REALTY BEAUFORT COMING SOON 844-526-0002
www. CharterOneRealty.com (844) 526-0002 CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
{YEAR END | 2018}
AT A GLANCE
HILTON HEAD ISLAND MARKET SNAPSHOT
16.8% Closed home sales on Hilton Head Island increased 16.8% from 2017.
9.8%
New listings of homes for sale on Hilton Head Island increased 9.8% from 2017.
1.1%
Closed villa sales on Hilton Head Island increased 1.1% from 2017.
10.2% New listings of villas for sale on Hilton Head Island increased 10.2% from 2017.
2018 Year End Market Report
HILTON HEAD MARKET REPORT
NUMBER OF HOMES SOLD FROM 2008 - 2018 Hilton Head Island
1500
1142 977 898
882 2014
932
897 2013
589 2009
658
581
600
741
826
900
2008
NUMBER OF HOMES SOLD
1200
2018
2017
2016
2015
2012
2011
0
2010
300
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
DAUFUSKIE ISLAND % DAUFUSKIE YEAR END YEAR END 2017 2018 CHANGE ISLAND HOMES SOLD
25
29
16%
LOTS SOLD
36
26
-27%
VILLAS SOLD
5
5
-
HILTON HEAD ISLAND
% HILTON HEAD OFF YEAR END YEAR END 2017 2018 CHANGE PLANTATION HOMES SOLD VILLAS SOLD LOTS SOLD
165
280 21
195
321 24
SEA PINES YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
18%
14%
14%
2017
2018
% CHANGE
163
148
-9%
214 14
234 17
9%
21%
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
HILTON HEAD ISLAND
FOREST BEACH YEAR END YEAR END HOMES SOLD
VILLAS SOLD LOTS SOLD
2017
2018
% CHANGE
213
197
-7%
31 5
31 5
SHIPYARD YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
WEXFORD YEAR END YEAR END HOMES SOLD LOTS SOLD
2017
2018
% CHANGE
5
4
-20%
19
23
LONG COVE YEAR END YEAR END HOMES SOLD LOTS SOLD
2018
% CHANGE
8
8
-
25
PALMETTO DUNES YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
2018
% CHANGE
185
169
-8%
13
67
10
2017
2018
% CHANGE
79
105
32%
16 1
9
1
-43% -
-10%
2017 59
-
21%
2017 28
-
13%
-23%
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
HILTON HEAD ISLAND
FOLLY FIELD YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
2017
2018
% CHANGE
133
139
4%
9
11
13 8
PALMETTO HALL YEAR END YEAR END HOMES SOLD LOTS SOLD
44%
-27%
2017
2018
% CHANGE
13
10
-23%
32
43
34%
PORT ROYAL YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
2017
2018
% CHANGE
8
14
75%
50 5
53
11
6%
120%
% HILTON HEAD YEAR END YEAR END 2017 2018 CHANGE PLANTATION HOMES SOLD
216
285
31%
LOTS SOLD
13
20
53%
VILLAS SOLD
22
21
-4%
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
HILTON HEAD ISLAND
INDIGO RUN YEAR END YEAR END HOMES SOLD LOTS SOLD
2017
2018
% CHANGE
12
17
41%
42
61
SPANISH WELLS YEAR END YEAR END HOMES SOLD LOTS SOLD
45%
2017
2018
% CHANGE
4
6
50%
13
15
15%
% WINDMILL YEAR END YEAR END 2017 2018 CHANGE HARBOUR
HOMES SOLD VILLAS SOLD LOTS SOLD
21
22
2
2
11
3
4%
-72% -
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
{YEAR END | 2018}
AT A GLANCE
MAINLAND MARKET SNAPSHOT
9.9%
New home and villa listings on the Mainland increased 9.9% from 2017.
11%
Closed home and villa sales on the Mainland increased 11% from 2017.
.5%
Median sales price of homes and villas on the Mainland increased .5% from 2017.
-6.9% Days on the market until a sale of homes and villas on the Mainland decreased 6.9% from 2017.
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
MAINLAND MARKET REPORT
NUMBER OF HOMES SOLD FROM 2008 - 2018
1279
2062
1428
1755 870 2009
958
832
1000
1103
1538
1500
2008
NUMBER OF HOMES SOLD
2000
1958
2290
2500
2018
2017
2016
2015
2014
2013
2012
2011
0
2010
500
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
BLUFFTON AND OKATIE
% BLUFFTON OFF YEAR END YEAR END 2017 2018 CHANGE PLANTATION HOMES SOLD VILLAS SOLD LOTS SOLD
1024
1137
70
46
96
119
MOSS CREEK YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
LOTS SOLD
LOTS SOLD
-34%
2018
% CHANGE
11
1
-90%
62 3
66 3
6% -
2017
2018
% CHANGE
25
12
-52%
27
22
BELFAIR YEAR END YEAR END HOMES SOLD
23%
2017
COLLETON RIVER YEAR END YEAR END HOMES SOLD
11%
-18%
2017
2018
% CHANGE
6
8
33%
35
42
20%
ROSE HILL YEAR END YEAR END HOMES SOLD LOTS SOLD
2017
2018
% CHANGE
16
16
-
50
41
BERKELEY HALL YEAR END YEAR END HOMES SOLD LOTS SOLD
2017
2018
% CHANGE
13
9
-30%
25
28
HAMPTON HALL YEAR END YEAR END HOMES SOLD LOTS SOLD
-18%
12%
2017
2018
% CHANGE
38
15
-60%
51
70
37%
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
BLUFFTON AND OKATIE HAMPTON LAKE YEAR END YEAR END HOMES SOLD VILLAS SOLD LOTS SOLD
2017
2018
% CHANGE
6
10
66%
131
102
98
76
PALMETTO BLUFF YEAR END YEAR END HOMES SOLD LOTS SOLD
LOTS SOLD
-25%
2017
2018
% CHANGE
13
12
-7%
13
23
OLDFIELD YEAR END YEAR END HOMES SOLD
-25%
76%
2017
2018
% CHANGE
17
14
-17%
22
29
31%
SUN CITY YEAR END YEAR END HOMES SOLD
2017 589
2018 681
RIVERBEND YEAR END YEAR END HOMES SOLD LOTS SOLD
% CHANGE 15%
2017
2018
% CHANGE
3
3
-
10
16
60%
% HILTON HEAD YEAR END YEAR END 2017 2018 CHANGE LAKES HOMES SOLD LOTS SOLD
10 3
11
16
CALLAWASSIE YEAR END YEAR END HOMES SOLD LOTS SOLD
10%
433%
2017
2018
% CHANGE
3
2
-33%
28
41
46%
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
{YEAR END | 2018}
AT A GLANCE
BEAUFORT REGION MARKET SNAPSHOT
11%
New home and villa listings in the Beaufort region increased 11% from 2017.
6.9%
Pending home and villa sales in the Beaufort Region increased 6.9% from 2017.
3.4%
Closed home and villa sales in the Beaufort region increased 3.4% from 2017.
11.9% Median home and villa sales price in the Beaufort region increased 11.9% from 2017.
2018 Year End Market Report
BEAUFORT MARKET REPORT
NUMBER OF HOMES SOLD FROM 2008 - 2018
Beaufort Region
958 2011
2161
2091
2154
1139
944
782
1000
2010
742
898
1896
1699
1500
500
2018
2017
2016
2015
2014
2013
2012
2009
0
2008
125
NUMBER OF HOMES SOLD
2000
1956
2500
This information is based on data provided by the Beaufort County Association of REALTORS. BCAR does not guarantee and is not in any way responsible for its accuracy. Data provided by BCAR may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
BEAUFORT REGION | SNAPSHOT BY ZIP CODE
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29907
NEW LISTINGS
CLOSED SALES
476
418
541
406
13.7% -2.9%
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29920
NEW LISTINGS
CLOSED SALES
359
218
474
274
32%
25.7%
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29935
NEW LISTINGS
CLOSED SALES
113 87
89
69
-21.2%
-20.7%
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29940
NEW LISTINGS
CLOSED SALES
31
29
38
19
22.6%
-34.5%
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29902
NEW LISTINGS
CLOSED SALES
477
404
525
412
10.1% 2%
% ZIP CODE YEAR END YEAR END 2017 2018 CHANGE 29906
NEW LISTINGS
CLOSED SALES
479
426
530
436
10.6% 2.3%
This information is based on data provided by the Beaufort County Association of REALTORS. BCAR does not guarantee and is not in any way responsible for its accuracy. Data provided by BCAR may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
COMMERCIAL
DIVISION
The brokers of the Charter One Realty Commercial Division have over 60 years combined experience with education levels ranging from degrees in finance, real estate and urban analysis, business law, civil engineering and an MBA. Our brokers are dedicated to their craft with accreditations including Certified Commercial Investment Members, serving on local advisory boards, and keeping current with the local County and Town activities in our area. They have the relationships here locally to accomplish any goals you may have as an investor or a company. They accomplish your goals with integrity, discipline, and trust within our local area. It is their local connections
and expertise that make them resourceful and efficient in accomplishing your goals in a timely manner. As a full-service commercial and residential real estate brokerage conducting the lion’s share of transactions in the Lowcountry, our client base is a wealth of referrals who want to invest in commercial real estate, buy land and develop, or simply learn more about how they can become involved in commercial real estate. This fact alone sets us apart from any other commercial real estate company in our service area. Our sales professionals embody our brand which conveys integrity, strength, and trust.
Visit CharterOneRealty.com/Commercial-Real-Estate.php for more information.
{YEAR END | 2018}
OUR RESULTS
LEADING THE REAL ESTATE MARKET
2,000 More than 2,000 clients’ dreams realized in 2018.
20%
20% of all listings sold in the Lowcountry in 2018 were represented by Charter One Realty, more than 3 times the #2 brokerage in MLS.
5
More Than 5 Properties sold daily in 2018. Charter One Realty was recently ranked in the REAL Trends and Swanepoel as one of the top brokerages in the nation. In addition to ranking among the top elite residential real estate brokerages in the U.S., Charter One Realty was voted “Best Real Estate Company” and “Best Place to Work” by the readers of The Island Packet, Bluffton Today, Sun Today Select, and Hilton Head Monthly.
IN THE NEWS
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
2018 Year End Market Report
LEADING THE MARKET
CHARTER ONE REALTY
$925M
COMPANY #2 $311M
Charter One Realty is the #1 Ranked Real Estate Company in the Lowcountry and has been recognized as one of the nation’s top residential real estate companies by REAL Trends and Swanepoel. In 2018, our brokerage closed over $925 Million in sales, nearly three times more than the number two ranked brokerage.
COMPANY #3 $253M
COMPANY #4 $222M
COMPANY #5 $217M
FLUENT IN LUXURY LUXURY MARKET SHARE When it comes to representing buyers and sellers of million plus properties, Charter One Realty leads the way, outpacing every other brokerage in the Lowcountry.
31%
26%
36%
Charter One Realty represented 31% of all 2018 million plus transactions in the Lowcountry.
Charter One Realty represented 26% of the 2018 million plus buyer purchases in the Lowcountry.
Charter One Realty represented 36% of the 2018 million plus seller transactions in the Lowcountry.
MILLION PLUS MARKET IN THE LOWCOUNTRY BRINGING MORE MILLION PLUS BUYERS INTO THE LOWCOUNTRY
REPRESENTING MORE MILLION PLUS SELLERS IN THE LOWCOUNTRY
SHOWN IN NUMBER OF BUYER PURCHASES JANUARY 2018 - DECEMBER 2018 67
SHOWN IN NUMBER OF SELLER TRANSACTIONS JANUARY 2018 - DECEMBER 2018 91
CHARTER ONE REALTY
COMPANY #2
30
33
COMPANY #3
19 13 12
17
COMPANY #4
13
COMPANY #5
12
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
CHARTER ONE REALTY SIGNIFICANT SALES IN 2018
30 WIDEWATER ROAD | SPANISH WELLS
4 YORK CIRCLE | BERKELEY HALL
Charter One Realty represented the buyer & seller of this waterfront home in Spanish Wells.
Charter One Realty represented the buyer & seller of this waterfront home in Berkeley Hall.
9 CALDER PARK ROAD | PALMETTO BLUFF
28 RED MAPLE | SEA PINES
Charter One Realty represented the buyer & seller of this golf view home in Palmetto Bluff.
Charter One Realty represented the buyer & seller of this ocean-oriented home in Sea Pines.
20 EVE CREEK | BEAUFORT
5 HIGH PONDS | COLLETON RIVER
Charter One Realty represented the buyer & seller of this waterfront home in Habersham.
Charter One Realty represented the buyer & seller of this waterfront home in Colleton River.
24 CARRIER BLUFF | OLDFIELD
1 BROWNING ROAD | PALMETTO BLUFF
Charter One Realty represented the buyer & seller of this waterfront home in Oldfield.
Charter One Realty represented the buyer & seller of this lake-front home in Palmetto Bluff.
2018 Year End Market Report
SKILLED
NEGOTIATION
CHARTE R ONE REALTY S U CC E S S FU L LY N E G OT IATE D OVE R 2,000 T RA N S ACT IO N S IN 2 0 1 8 , MORE TH AN TWO TIM E S T H E #2 B RO K E RAG E IN M LS
With rare exception, negotiating the transaction is the most complex part of buying or selling real estate. At the same time, it is the one that can involve the most creativity. For that reason, it is important to have an experienced professional on your side who has successfully worked through many different transaction scenarios. For many, the purchase or sale of real estate is the biggest financial decision of their lives and we take your investment very seriously. An experienced real estate professional, the right marketing and proper exposure deliver the best results.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
EXTRAORDINARY MARKETING W I T H
A
G L O B A L
R E A C H
We understand that every property is unique and we will develop a customized marketing plan that will provide the attention and exposure your property deserves. Your property will be expressly positioned to create maximum interest helping to produce the highest possible financial return.
c
PARTNERED WITH THE BEST IN LUXURY REAL ESTATE Charter One Realty has partnered with Who’s Who in Luxury Real Estate, a prestigious global network of high-end real estate brokers and firms. Their exclusive membership of more than 3,800 offices and 130,000 sales professionals in more than 37 countries, collectively sells in excess of $500 billion worth of real estate annually. Properties listed with Charter One Realty reap the benefit of this strong partnership, with Luxury properties showcased on LuxuryRealEstate.com. Since its debut, LuxuryRealEstate.com has remained the #1 portal for luxury properties on the Internet and has several times more $1,000,000+ listings of any near-peer.
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
CHARTERONEREALTY.COM REACHING THE WORLD’S BUYERS
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
AT A GLANCE CHARTERONEREALTY.COM WEBSITE STATISTICS
TOP 10 VISITING COUNTRIES TO CHARTERONEREALTY.COM United States Canada United Kingdom Australia China
France Brazil India Philippines
8M+
Total Lifetime Unique Page Views
175
International Visitors From Over 175 Countries Visited CharterOneRealty.com
400
New Buyer Leads Generated Each Month
Japan
CharterOneRealty.com | 844-526-0002 | Info@CharterOneRealty.com
10 LOCATIONS TO SERVE YOU IN THE LOWCOUNTRY CHARTER ONE REALTY 11 Park Lane, Hilton Head 843-785-4460 CHARTER ONE REALTY 5 Park Lane, Hilton Head 843-785-4460 CHARTER ONE REALTY BEACH MARKET 2 N Forest Beach Drive, Suite 119, Hilton Head 843-785-1115 CHARTER ONE REALTY NORTH 81 Main Street, Suite 202, Hilton Head 843-681-3307 CHARTER ONE REALTY COLLETON RIVER 2 Colleton River Drive, Bluffton 843-689-3131 CHARTER ONE REALTY PROMENADE 1 Promenade Street, Suite 101, Bluffton 843-815-0055 CHARTER ONE REALTY BELFAIR 2 Belfair Oaks Boulevard, Bluffton 843-757-7710 CHARTER ONE REALTY BERKELEY HALL 1024 Berkeley Hall Boulevard, Bluffton 843-815-8400 CHARTER ONE REALTY SUN CITY 10 William Pope Drive, Bluffton 843-705-2830 CHARTER ONE REALTY OLDFIELD 10 Oldfield Way, Okatie 843-645-2530 CHARTER ONE REALTY BEAUFORT COMING SOON 844-526-0002
Member of Who’s Who in Luxury Real Estate, an International Network of High-end Brokers Representing Luxury Properties Worldwide.
C h a rt er O n e R e a lt y. c o m