MARKET 2022 MID-YEAR
REPORT BEAUFORT | HILTON HEAD ISLAND | MAINLAND | THE ISLANDS
EAL LT Y CHARTER ONE REA
CHAR TERONERE A LTY. CO M 1 #1 Ranked Real Estate Company in The Lowcountry
2022 Accolades
BROKERAGE IN THE LOWCOUNTRY for closed sales volume and transactions since 2000.
#1
LUXURY BROKERAGE IN THE LOWCOUNTRY for closed sales volume and transactions of $1 Million plus properties.
#2
BROKERAGE IN SOUTH CAROLINA for closed sales volume.
TOP
#1
500
RANKED IN THE TOP 500 BROKERAGES IN THE U.S. by sales volume and transaction sides.
$910M 2
C H A R T E R O N E R E ALTY.C OM
2022 COMPANY SALES VOLUME YTD
Office Locations
Voted Best Real Estate Company Several Years in a Row
9 Office Locations
Over 150 Sales Associates
Across the Lowcountry
And More Than 50 Service Professionals
THE LOWCOUNTRY
Market Overview Key Metrics Mid-Year 2021
Mid-Year 2022
Percent Change
New Listings
4,296
3,939
-8.3%
Pending Sales
4,279
3,300
-22.9%
Closed Sales
3,934
3,058
-22.3%
109
97
-11.0%
Median Sales Price
$394,000
$485,000
+23.1%
Average Sales Price
$578,621
$715,075
+23.6%
99.0%
100.5%
+1.5%
Days on Market
% of List Price Received
Quick Facts
-21.5%
-24.6%
+19.0%
Change in Closed Sales 12-Month Average
Change in Days on Market 12-Month Average
Change in Median Sales Price 12-Month Average
-38.3% Change in Months Supply of Inventory 12-Month Average
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
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C H A R T E R O N E R E ALTY.C OM
THE LOWCOUNTRY
Market Overview New Listings Month
# of New Listings
# of New Listings Prior Year
% Change
July 2021
627
735
-14.7%
August 2021
664
707
-6.1%
September 2021
608
683
-11.0%
October 2021
548
724
-24.3%
November 2021
465
567
-18.0%
December 2021
401
410
-2.2%
January 2022
463
598
-22.6%
February 2022
561
683
-17.9%
March 2022
846
878
-3.6%
April 2022
676
755
-10.5%
May 2022
762
691
+10.3%
June 2022
631
691
-8.7%
12-Month Avg
604
677
-10.7%
Historical New Listings by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M
5
THE LOWCOUNTRY
Market Overview Pending Sales Month
# of Pending Sales
# of Pending Sales Prior Year
% Change
July 2021
519
799
-35.0%
August 2021
593
766
-22.6%
September 2021
577
771
-25.2%
October 2021
555
764
-27.4%
November 2021
542
660
-17.9%
December 2021
416
492
-15.4%
January 2022
506
673
-24.8%
February 2022
526
727
-27.6%
March 2022
670
913
-26.6%
April 2022
541
733
-26.2%
May 2022
607
625
-2.9%
June 2022
450
608
-26.0%
12-Month Avg
542
711
-23.8%
Historical Pending Sales by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
6
C H A R T E R O N E R E ALTY.C OM
THE LOWCOUNTRY
Market Overview Closed Sales Month
# of Closed Sales
# of Closed Sales Prior Year
% Change
July 2021
623
737
-15.5%
August 2021
549
701
-21.7%
September 2021
528
736
-28.3%
October 2021
546
740
-26.2%
November 2021
549
636
-13.7%
December 2021
617
756
-18.4%
January 2022
441
538
-18.0%
February 2022
405
504
-19.6%
March 2022
565
759
-25.6%
April 2022
509
742
-31.4%
May 2022
545
683
-20.2%
June 2022
593
708
-16.2%
12-Month Avg
539
687
-21.5%
Historical Closed Sales by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M
7
THE LOWCOUNTRY
Market Overview Days on Market Until Sale Month
Days on Market
Days on Market Prior Year
% Change
July 2021
90
142
-36.6%
August 2021
89
157
-43.3%
September 2021
91
152
-40.1%
October 2021
85
142
-40.1%
November 2021
97
128
-24.2%
December 2021
112
124
-9.7%
January 2022
100
134
-25.4%
February 2022
109
127
-14.2%
March 2022
101
115
-12.2%
April 2022
97
101
-4.0%
May 2022
90
97
-7.2%
June 2022
86
91
-5.5%
12-Month Avg
95
126
-24.6%
Historical Days on Market Until Sale by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
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C H A R T E R O N E R E ALTY.C OM
THE LOWCOUNTRY
Market Overview Median Sales Price Month
Median Sales Price
Median Sales Price Prior Year
% Change
July 2021
$440,000
$360,000
+22.2%
August 2021
$404,582
$376,000
+7.6%
September 2021
$394,000
$388,920
+1.3%
October 2021
$453,770
$395,000
+14.9%
November 2021
$430,000
$390,165
+10.2%
December 2021
$455,000
$379,860
+19.8%
January 2022
$480,000
$390,000
+23.1%
February 2022
$460,000
$388,825
+18.3%
March 2022
$470,000
$378,300
+24.2%
April 2022
$492,500
$392,745
+25.4%
May 2022
$495,000
$410,000
+20.7%
June 2022
$514,846
$400,000
+28.7%
12-Month Avg
$460,000
$386,000
+19.0%
Historical Median Sales Price by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M
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THE LOWCOUNTRY
Market Overview Average Sales Price Month
Average Sales Price
Average Sales Price Prior Year
% Change
July 2021
$653,496
$500,770
+30.5%
August 2021
$626,504
$548,392
+14.2%
September 2021
$606,913
$557,142
+8.9%
October 2021
$667,864
$568,960
+19.1%
November 2021
$611,627
$545,831
+12.1%
December 2021
$670,410
$521,379
+28.6%
January 2022
$688,581
$522,524
+31.8%
February 2022
$663,313
$526,097
+26.1%
March 2022
$679,531
$600,338
+13.2%
April 2022
$724,305
$546,091
+32.6%
May 2022
$732,139
$597,280
+22.6%
June 2022
$780,346
$651,402
+19.8%
12-Month Avg
$675,432
$557,172
+21.2%
Historical Average Sales Price by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
10 C H A R T E R O N E R E ALTY.C OM
THE LOWCOUNTRY
Market Overview Percent of List Price Received Month
% of List Price Received
% of List Price Received Prior Year
% Change
July 2021
99.7%
97.2%
+2.6%
August 2021
99.4%
97.8%
+1.6%
September 2021
99.4%
97.6%
+1.8%
October 2021
99.1%
97.7%
+1.4%
November 2021
99.1%
97.7%
+1.4%
December 2021
99.7%
97.9%
+1.8%
January 2022
99.3%
98.3%
+1.0%
February 2022
100.1%
98.4%
+1.7%
March 2022
100.8%
98.3%
+2.5%
April 2022
101.0%
99.0%
+2.0%
May 2022
101.3%
99.6%
+1.7%
June 2022
100.5%
100.3%
+0.2%
12-Month Avg
100.0%
98.3%
+1.7%
Historical Percent of List Price Received by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M 11
THE LOWCOUNTRY
Market Overview Inventory of Homes for Sale Month
# of Homes For Sale
# of Homes For Sale Prior Year
% Change
July 2021
745
1,726
-56.8%
August 2021
767
1,578
-51.4%
September 2021
736
1,393
-47.2%
October 2021
674
1,278
-47.3%
November 2021
545
1,122
-51.4%
December 2021
483
981
-50.8%
January 2022
410
843
-51.4%
February 2022
411
752
-45.3%
March 2022
538
674
-20.2%
April 2022
638
652
-2.1%
May 2022
746
662
+12.7%
June 2022
868
701
+23.8%
12-Month Avg
636
1,030
-38.3%%
Historical Inventory of Homes for Sale by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
12 C H A R T E R O N E R E ALTY.C OM
THE LOWCOUNTRY
Market Overview Months Supply of Inventory Month
Months Supply of Inventory
Months Supply of Inventory Prior Year
% Change
July 2021
1.1
3.5
-68.6%
August 2021
1.1
3.0
-63.3%
September 2021
1.1
2.5
-56.0%
October 2021
1.1
2.2
-50.0%
November 2021
0.9
1.9
-52.6%
December 2021
1.6
1.6
-50.0%
January 2022
0.7
1.3
-46.2%
February 2022
0.7
1.2
-41.7%
March 2022
0.9
1.0
-10.0%
April 2022
1.1
0.9
+22.2%
May 2022
1.3
0.9
+44.4%
June 2022
1.6
1.0
+60.0%
12-Month Avg
1.0
1.7
-41.2%
Historical Months Supply of Inventory by Month
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M 13
HILTON HEAD ISLAND
Mid-Year Highlights Hilton Head Island Homes Mid-Year 2021
Mid-Year 2022
Percent Change
New Listings
832
712
-14.4%
Closed Sales
804
547
-32.0%
$770,000
$902,100
+17.2%
104
79
-23.4%
Mid-Year 2021
Mid-Year 2022
Percent Change
New Listings
926
785
-15.2%
Closed Sales
824
676
-18.0%
$329,950
$446,900
+35.4%
80
65
-18.2%
Median Sales Price Days on Market
Hilton Head Island Villas
Median Sales Price Days on Market
Number of Closed Sales at Various Price Points Under $500K
560
$500K - $750K
314
$750K - $1M
172
$1M - $1.5M
125
$1.5M & Above
179
Represents Homes, Villas, and Lots This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
14 C H A R T E R O N E R E ALTY.C OM
MAINLAND 29910 & 29909
Mid-Year Highlights Mainland Homes Mid-Year 2021
Mid-Year 2022
Percent Change
New Listings
1,593
1,556
-2.3%
Closed Sales
1,615
1,201
-25.6%
$364,470
$470,000
+29.0%
106
85
-19.8%
Median Sales Price Days on Market
Number of Closed Sales at Various Price Points Under $500K
817
$500K - $750K
323
$750K - $1M
98
$1M - $1.5M
94
$1.5M & Above
92
Represents Homes, Villas, and Lots
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M 15
HILTON HEAD ISLAND AND DAUFUSKIE
Mid-Year Snapshot By Community
MLS Area/Neighborhood Daufuskie Island Homes Villas Lots Folly Field Homes Villas Lots Forest Beach Homes Villas Lots Hilton Head General Homes Villas Lots Hilton Head Plantation Homes Villas Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
34 5 51
26 2 50
-23.53% -60% -1.96%
4 104 6
11 78 3
+175% -25% -50%
34 164 2
16 137 1
-52.94% -16.46% -50%
138 229 49
106 189 54
-23.19% -17.47% +10.2%
149 6 13
109 11 8
-26.85% +83.33% -38.46%
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
16 C H A R T E R O N E R E ALTY.C OM
MLS Area/Neighborhood Indigo Run Homes Villas Lots Long Cove Homes Lots Palmetto Dunes Homes Villas Lots Palmetto Hall Homes Lots Port Royal Homes Villas Lots Sea Pines Homes Villas Lots Shipyard Homes Villas Lots Spanish Wells Homes Lots Wexford Homes Lots Windmill Harbour Homes Villas Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
39 1 21
12 0 7
-69.23% 0% -66.67%
29 7
25 7
-13.79% 0%
70 152 7
39 161 2
-44.29% +5.92% -71.43%
18 16
13 3
-27.78% -81.25%
28 13 7
24 15 2
-14.29% +15.38% -71.43%
185 87 13
126 78 2
-31.89% -10.34% -84.62%
5 58 3
12 49 0
+140% -15.52% 0%
8 2
5 1
-37.5% -50%
30 14
10 5
-66.67% -64.29%
25 5 13
8 4 13
-68% -20% 0% CHAR TERONERE A LTY. CO M 17
MAINLAND 29909 & 29910
Mid-Year Snapshot By Community
MLS Area/Neighborhood Belfair Homes Lots Berkeley Hall Homes Lots Bluffton General Homes Villas Lots Callawassie Island Homes Lots Colleton River Homes Lots Hampton Hall Homes Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
33 14
28 10
-15.15% -28.57%
40 9
21 10
-47.5% +11.11%
675 91 34
523 72 36
-22.52% -20.88% +5.88%
56 6
20 10
-64.29% +66.67%
28 29
21 17
-25% -41.38%
54 26
37 4
-31.48% -84.62%
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
18 C H A R T E R O N E R E ALTY.C OM
MAINLAND 29909 & 29910
Mid-Year Snapshot By Community
MLS Area/Neighborhood Hampton Lake Homes Villas Lots Moss Creek Homes Villas Lots Oldfield Homes Lots Palmetto Bluff Homes Lots Rose Hill Homes Lots Sun City/Riverbend Homes Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
60 5 30
41 2 6
-31.67% -60% -80%
37 1 3
25 4 6
-32.43% +300% +100%
36 15
11 10
-69.44% -33.33%
59 80
52 58
-11.86% -27.5%
43 7
26 14
-39.53% +100%
414 8
332 1
-19.81% -87.5%
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
CHAR TERONERE A LTY. CO M 19
BEAUFORT
Mid-Year Snapshot By Community
MLS Area/Neighborhood Battery Point Homes Lots Bull Point Homes Lots Cat Island Homes Lots Celadon Homes Lots Coosaw Point Homes Lots Dataw Island Homes Lots Fripp Island Homes Lots Habersham Homes Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
22 4
15 1
-31.82% -75%
5 14
1 16
-80% +14.29%
17 9
17 12
0% +33.33%
8 1
5 2
-37.5% +100%
11 12
16 4
+45.45% -66.67%
84 27
31 13
-63.1% -51.85%
88 68
55 41
-37.5% -39.71%
45 51
30 20
-33.33% -60.78%
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market.
20 C H A R T E R O N E R E ALTY.C OM
MLS Area/Neighborhood Harbor Island Homes Lots Hundred Pines Homes Lots Ladys Island Homes Lots Mossy Oaks Homes Lots New Point Homes Lots Pigeon Point Homes Lots Pleasant Point Homes Lots Port Royal Homes Lots Royal Pines Homes Lots Shell Point Homes Lots Spanish Point Homes Lots St Helena Island Homes Lots
Mid Year 2021 Closed Sales
Mid Year 2022 Closed Sales
Percent Change
51 18
42 20
-17.65% +11.11%
4 0
7 1
+75% 0%
270 86
261 70
-3.33% -18.6%
67
70
+4.48%
4
1
-75%
9 5
8 2
-11.11% -60%
23 1
12 0
-47.83% 0%
16 10
10 14
-37.5% +40%
141 17
113 9
-19.86% -47.06%
37 3
40 4
+8.11% +33.33%
20 2
29 4
+45% +100%
3 0
5 1
+66.67% 0%
62 56
38 56
-38.71% 0% CHAR TERONERE A LTY. CO M 21
#1 Real Estate Brokerage in the Lowcountry We Sell A Property Every 3 Hours*
SALES VOLUME BY COMPANY FOR ALL HILTON HEAD ISLAND & MAINLAND AREAS CLOSED BETWEEN 01/01/22 & 6/30/2022
$910 Million+ ($910,442,143) COMPANY #2
$378M
COMPANY #3
$269M
COMPANY #4
$189M
COMPANY #5
$187M
COMPANY #6
$169M
COMPANY #7
$160M
COMPANY #8
$155M
COMPANY #9
$129M
COMPANY #10
$118M
This information is based on data provided by Resides MLS. Resides MLS does not guarantee and is not in any way responsible for its accuracy. Data provided by Resides MLS may not reflect all real estate activity in the market. Based on Charter One Realty’s 2022 YTD Closed transactions.
22 C H A R T E R O N E R E ALTY.C OM
BROKERAGE IN THE LOWCOUNTRY
Representing More $1 Million Plus Buyers Than Any Other Brokerage In The Lowcountry Shown in Number of Buyer Purchases January 2022 - June 2022
114 COMPANY #2
40
COMPANY #3
34
COMPANY #4
30
COMPANY #5
30
Representing More $1 Million Plus Sellers Than Any Other Brokerage In The Lowcountry Shown in Number of Seller Transactions January 2022 - June 2022
163 COMPANY #2
39
COMPANY #3
29
COMPANY #4
25
COMPANY #5
22
CHAR TERONERE A LTY. CO M 23
#1Visited
REAL ESTATE WEBSITE IN THE LOWCOUNTRY
CharterOneRealty.com
24 C H A R T E R O N E R E ALTY.C OM
IT IS NOT ABOUT BEING ONLINE - IT IS ABOUT BEING FOUND ONLINE. We continue to push boundaries and learn new techniques to drive the most relevant buyers to CharterOneRealty.com maximizing the potential for your property to be found quickly on the web. Our innovative online marketing campaigns place us in top positions on all search engines, which means that when your property is listed with Charter One Realty, it will receive maximum exposure ensuring your listing is seen by engaged and qualified buyers.
Our Effective Print & Digital Techniques Produce
WEBSITE VISITOR TRAFFIC FROM JANUARY - DECEMBER 2021 Top 10 local brokerage websites as ranked by visitors.*
1,200,000
1 Million+
1,000,000
of Search Engines
DunesRealEstate.com
HiltonHeadHomes.com
TheAllianceGroupRealty.com
HomesonHiltonHead.com
TheOceanBroker.com
LowcountryRealEstate.com
200,000
HiltonHeadRealEstates.com
Page #1
400,000
Weichertcp.com
Found on
600,000
CollinsGroupRealty.com
Pageviews in 2021
800,000 CharterOneRealty.com
2.5 Million+
NUMBER OF WEBSITE VISITORS
Website Visitors in 2021
0
*This information is based on data provided by SimilarWeb from January 1, 2021 - December 31, 2021. The content, data, and other information contained and provided on or through the product is for informational purposes only. Such information is believed to be reliable; however, SimilarWeb does not warrant its accuracy, timeliness, or completeness.
CHAR TERONERE A LTY. CO M 25
AFFILIATES For over three decades, Charter One Realty has achieved success in marketing our properties through prestigious, exclusive affiliations with a select network of world-class industry leaders. These global connections place our listings in front of millions of prospective buyers and increase awareness of the Coastal Lowcountry as an incomparable destination.
LEADING REAL ESTATE COMPANIES OF THE WORLD Selling more homes than any other national real estate organization, the brokers that make up this network excel because of their ability to make referrals to one another with ease and frequency. Leading Real Estate Companies of the World brokers are ranked number one in more top US markets than any franchise and represent properties in all price ranges. When your home is listed with Charter One Realty, it is promoted on LeadingRE.com and found from 550 affiliate websites throughout 73 countries and showcased to more than 150,000 associates worldwide.
LUXURY PORTFOLIO INTERNATIONAL * The unified collection of the world’s most experienced, respected and well-known experts in luxury real estate. This powerful network participates in more transactions than any other national franchise or global real estate organization. When your home is listed with Charter One Realty, it is posted on LuxuryPortfolio.com and displayed on key websites around the world including Wall Street Journal, Mansion Global, Market Watch, Barron’s, Penta Online, Juwai, YouTube, WeChat, Country Life, James Edition, Expansion, and Bloomberg Property Listings.
WHO’S WHO IN LUXURY REAL ESTATE ** For nearly 35 years, Who’s Who in Luxury Real Estate has represented the world’s high-end real estate professionals from both independent and franchised companies. The network provides our agents with the best possible marketing tools and connections to the top luxury real estate professionals around the world. When your home is listed with Charter One Realty, it is promoted on LuxuryRealEstate.com and found from 450+ affiliate websites throughout 40 countries and showcased to more than 125,000 associates worldwide. 26 C H A R T E R O N E R E ALTY.C OM* Reserved for properties listed at $1,000,000 and above. ** Reserved for properties listed at $500,000 and above.
When Your Property is Listed with Charter One Realty it is Posted on LuxuryPortfolio.com* More than 3 million affluent consumers visit the flagship website, LuxuryPortfolio.com, every year to browse in a setting dedicated solely to significant properties and a discerning lifestyle.
And Displayed on Key Websites Around The World wsj.com
mansionglobal.com
barrons.com and Penta online ($1 Million +)
grupoexpansion.com
JamesEdition.com and Bloomberg Property Listings ($1 Million +)
countrylife.co.uk
($1 Million +)
marketwatch.com
youtube.com (via LuxeTour™)
juwai.com
WeChat ($1 Million +)
leadingre.com
CHAR TERONERE A LTY. CO M 27
CHARTER ONE REALTY 11 & 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 200 Merchant Street, Hilton Head 843-681-3307 CHARTER ONE REALTY PROMENADE 1 Promenade Street, Suite 101, Bluffton 843-815-0055 CHARTER ONE REALTY COMMERCIAL 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 BEAUFORT 203A Carteret Street, Beaufort 843-379-4460
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