Palmetto Bluff Re-Sale Market at a Glance: Q2 2021 There’s something special in the air around Palmetto Bluff this summer; a sense of post-Covid normalcy. Can you feel it? From gatherings at the pool, to concerts at the Chapel, and events like the Artists of Palmetto Bluff Fine Art Show, Women of Palmetto Bluff Derby Party, and backyard Lowcountry boils…it’s great to be together again! The community’s recently-announced ownership change has also brought a fresh wave of excitement to the Bluff. In June, South Street Partners—developers of Kiawah Island and The Cliffs—along with Henderson Park, purchased the undeveloped lands and amenities of Palmetto Bluff. The new ownership has voiced plans to prioritize the addition of a second golf course and fast-track the development of Anson Village. While we anticipate these being multi-year projects, we are excited about the joint venture’s long-term vision and forthcoming benefits for members. In the real estate realm, sales continue to be strong. We saw a 30% increase in the number of re-sale homes closed or pending this quarter versus the first quarter of the year. With a median of just 10 days on the market for the quarter, however, inventory continues to feel tight—and the narrow supply has resulted in prices continuing to tick up. At the Ussery Group, we remain committed to our fellow members and to transparency within the Palmetto Bluff re-sale market. You’ll find additional details in the recap report that follows. And finally, and most of all, thank you. We are so appreciative of your support and are honored to assist you, your friends, and family members here at “The Bluff ”! 2nd Quarter Market Recap •
51 total re-sale homes closed or were pending, with the Ussery Group participating in 33 transactions.
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Overall, the Ussery Group participated in 51% of the resale transactions in Palmetto Bluff for the quarter (65% of re-sale home sales) with a total re-sale volume of $101,900,980.
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Total year-to-date volume in Palmetto Bluff for the Ussery Group is $157,683,015.
2nd Quarter Closed and Pending Re-Sale Home Sales in Palmetto Bluff Street Address 18 Thunderstorm Lane 2 Thunderstorm Lane 80 Waterfowl Road 8 Corn Tassel Circle 20 Hunting Lodge Road 91 Game Land Road 23 Remington Road 95 Game Land Road 99 Game Land Road 50 Musket Road 16 Walnut Grove Street 36 Remington Road 15 High Hope Way 249 Waterfowl Road 10 Elora Street 20 Corn Tassel Circle 238 Davies Road 10 Game Land Road 14 Carnegie Street 20 South Drayton Street 105 August Lane 608 Old Moreland Road 5 Hardaway Street 62 Trout Hole Road 20 Gilded Street 75 Greenleaf Road 261 Waterfowl Road 11 Dutch House Circle 36 Jackfield Road 142 Mount Pelia Road 50 Game Land Road 5 Bells Park North 42 Blue Willow Street 72 Hunting Lodge Road 58 Blue Willow Street 614 Old Moreland Road 6 Smilax Vine Road 12 Devonshire Road 820 Old Moreland Road 106 Thom’s Creek Road 172 Gilded Street 18 High Hope Way 64 Gallavant Street 42 Flicker Street 2 Greenleaf Road 79 Greenleaf Road 611 Old Palmetto Bluff Road 18 Parkman Street 127 Mount Pelia Road 39 Stallings Island Street 101 Headwaters Road
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Sq. Ft.
Bdrms
Baths
List Price
Sales Price
1,472 1,603 1,801 999 1,559 2,942 2,759 1,925 3,003 2,788 1,708 2,818 4,100 1,777 2,278 3,951 3,731 4,276 3,925 3,020 2,907 3,954 3,750 4,555 4,707 5,150 5,489 5,400 5,061 6,644 753 1,073 3,256 3,351 2,926 2,672 3,320 4,922 3,354 3,351 3,530 4,130 5,843 4,593 6,000 4,388 4,237 3,547 4,182 4,230 8,244
2 2 2 2 2 4 4 2 4 3 2 3 5 3 3 4 5 4 4 5 3 4 4 6 6 4 5 6 4 6 1 1 4 4 4 2 4 4 4 4 4 4 5 5 6 3 5 4 3 5 4
2 2 2 2 2.5 4 4 2.5 4 3.5 2.5 3.5 5&2 3 4 4.5 5.5 3.5 4.5 4.5 3.5 4.5 3.5 5.5 6.5 4.5 5.5 6.5 6 7 1.5 1 4.5 4.5 4.5 3.5 4 4.5 4.5 4.5 4 4.5 5.5 5.5 7 3&2 4.5 4.5 4.5 5.5 4&3
$799,000 $849,000 $895,000 $995,000 $995,000 $1,195,000 $1,225,000 $1,295,000 $1,250,000 $1,225,000 $1,295,000 $1,350,000 $1,695,000 $1,695,000 $1,695,000 $1,795,000 $1,845,000 $1,895,000 $1,995,000 $2,299,900 $2,400,000 $2,450,000 $2,650,000 $2,850,000 $2,795,000 $3,450,000 $3,500,000 $3,750,000 $3,995,000 $5,750,000 $949,000 $1,295,000 $1,500,000 $1,575,000 $1,595,000 $1,725,000 $1,895,000 $1,975,000 $2,185,000 $2,295,000 $2,365,000 $2,395,000 $2,695,000 $2,895,000 $3,250,000 $3,395,000 $3,395,000 $3,450,000 $3,650,000 $4,500,000 $8,900,000
$820,000 $849,000 $895,000 $915,000 $1,000,000 $1,195,000 $1,200,000 $1,250,000 $1,251,000 $1,275,000 $1,300,000 $1,350,000 $1,625,000 $1,670,000 $1,695,000 $1,795,000 $1,825,000 $1,890,000 $1,950,000 $2,150,000 $2,415,000 $2,450,000 $2,500,000 $2,710,000 $2,795,000 $3,200,000 $3,400,000 $3,750,000 $3,785,000 $5,750,000 Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract
Legend
* The Ussery Group represented the Buyer * The Ussery Group represented the Seller ** The Ussery Group represented both the Buyer and the Seller 2021 HHI MLS is the source for data.
2nd Quarter Closed and Pending Re-Sale Homesite Sales in Palmetto Bluff Street Address 7 Musket Road 8 Musket Road 829 Old Moreland Road 70 Flicker Street 390 Old Palmetto Bluff Road 343 Waterfowl Road 9 Hannah Lane 452 Corley Street 50 Hunting Lodge Road 44 Camp Eight Road 12 Camp Eight Road 850 Old Moreland Road 10 Flicker Street 828 Old Moreland Road 182 Hunting Lodge Road 16 Gilded Street 129 Red Ochre Road 427 Old Moreland Road 8 Game Land Road 387 Old Palmetto Bluff Road 391 Old Palmetto Bluff Road 31 Headwaters Road
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Neighborhood
List Price
Sales Price
River Road River Road Moreland Moreland May's Bend River Road Moreland Moreland River Road Longfield Longfield Moreland Moreland Moreland River Road West Wilson River Road Moreland River Road May's Bend May's Bend Headwaters
$179,000 $179,000 $395,000 $549,000 $550,000 $595,000 $695,000 $729,000 $795,000 $1,095,000 $1,099,000 $1,350,000 $1,395,000 $1,500,000 $450,000 $475,000 $550,000 $625,000 $625,000 $925,000 $1,800,000 $2,500,000
$179,000 $179,000 $380,000 $510,000 $550,000 $555,750 $695,000 $750,600 $795,000 $949,000 $1,099,000 $1,118,000 $1,395,000 $1,450,000 Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract
Legend
* The Ussery Group represented the Buyer * The Ussery Group represented the Seller ** The Ussery Group represented both the Buyer and the Seller 2021 HHI MLS is the source for data.
The Ussery Group’s Featured Listing
8 Crossbow Road • River Road Located in the popular River Road neighborhood, close to the Lodge Amenity Complex, 8 Crossbow Road offers an open kitchen, dining area, and great room. Just outside the kitchen is a second, more casual eating area, and off the back of the kitchen is the owner’s entrance/serving area/laundry room combination. Wolf/Sub Zero appliances, site-finished wood floors as well as upgraded fixtures give this home a luxury feel. Upstairs are 2 guest bedrooms, 2 full baths, and an upstairs den/tv room. The home also includes a two-car garage, with unfinished space above to be finished, a large front porch, a screened-in side porch, and a fenced-in backyard.
Presented at $1,695,000 Year Built 2 015 Square Feet 2,948 Bedrooms 4 Baths 4 Full View Village
ERACT D UNNTR CO
101 Headwaters Road | Headwaters
A sample of homes successfully listed, markete ERACT D UNNTR CO
18 Parkman Street | Wilson Village
ERACT D UNNTR CO
64 Galavant Road | Wilson Hayfields
ed, negotiated, and sold by the Ussery Group. ERACT D UNNTR CO
79 Greenleaf Road | May River Forest
50 Musket Road | River Road
A sample of homes successfully listed, markete
36 Jackfield Road | Barge Landing
62 Trout Hole Road | May River Forest
ed, negotiated, and sold by the Ussery Group.
16 Walnut Grove Street | Wilson Cottages
Real Estate the Right Way. Do you remember when integrity came standard? When trust was something that you earned? When you didn’t have to choose between your heart and your head; and when results simply spoke for themselves? The Ussery Group combines time honored values with today’s technology to form an uncommon real estate business. With over $1 billion in real estate sold, we call it “ Rea l E s ta te th e Righ t Wa y.”
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With over 95 years of collective experience and $1 billion in real estate sold throughout the Lowcountry, our team of experienced professionals is uniquely positioned to help you achieve your goals.
Real estate is deeply personal. Whether you’re searching for the perfect place to call home, or selling a home you poured your heart into building, we understand—and we’re here to help you navigate the process.
Our business philosophy is simple—we believe that character and integrity are foundational to operating with sustained excellence. As we work together to buy or sell your home, we look forward to earning your trust.
Johnny Ussery
Keene Reese
Thomas Maybank
Michael Haire
Johnny@UsseryGroup.com
Keene@UsseryGroup.com
Thomas@UsseryGroup.com
Michael@UsseryGroup.com
843.384.8105
843.301.6002
843.441.5829
843.247.1345
C A LL TH E US S ERY TE A M TO B U Y O R S ELL I N PA LM E T TO B LU FF !
(843) 815.8637 UsseryGroup.com/PalmettoBluff