Quarter 1 2022 Market Report | Beaufort

Page 1

2022 QUARTER ONE

MARK ET REPO RT BEAUFORT & THE SEA ISLANDS


Q1 Featured Properties COVER HOME

717 Winter Trout Road | Fripp Island | Listed at $3,100,000

705 Rock Beauty Road | Fripp Island | Sold at $2,473,700

1 Griffin Circle | Okatie | Sold at $1,275,000


The Overview Q1 2022 vs Q1 2021

The Beaufort Area NUMBER OF SALES

148 22%

^

AVERAGE DAYS ON MARKET

53

60%

^

AVERAGE LIST PRICE PER SQFT

$294.70

^

40%

AVERAGE SALES PRICE

$611,855

^

28%

LIST TO SALES PRICE RATIO

95.23% 1.39%

^


Quarter 1 2022 Market Report Beaufort & The Sea Islands


DOWNTOWN BEAUFORT (CITY OF BEAUFORT) Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

83

85

2.4%

2022

2021

AVERAGE DAYS ON MARKET

24

86

72.1%

2022

2021

AVERAGE LIST PRICE PER SQFT

$225

$184

22.7%

2022

2021

AVERAGE SALES PRICE

$455,362 2022

23.1%

$369,834 2021

LIST TO SALES PRICE RATIO

98.39% 2022

0.97%

97.42% 2021

BURTON Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

18

13

38.5%

2022

2021

AVERAGE DAYS ON MARKET

28

42

33.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$187

$156

20.5%

2022

2021

AVERAGE SALES PRICE

$352,094 2022

45.5%

$241,962 2021

LIST TO SALES PRICE RATIO

98.85% 2022

0.54%

99.38% 2021


DATAW ISLAND Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

3

21

85.7%

2022

2021

AVERAGE DAYS ON MARKET

29

361

92%

2022

2021

AVERAGE LIST PRICE PER SQFT

$233

$171

36.6%

2022

2021

AVERAGE SALES PRICE

$860,000 2022

103.7%

$422,195 2021

LIST TO SALES PRICE RATIO

90.85% 2022

7.07%

97.92% 2021

FRIPP ISLAND Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

7

12.5%

2022

8

2021

AVERAGE DAYS ON MARKET

119

50.2%

2022

239 2021

AVERAGE LIST PRICE PER SQFT

$490

43.6%

2022

$341 2021

AVERAGE SALES PRICE

$1,381,671 2022

22.4% $1,128,438 2021

LIST TO SALES PRICE RATIO

93.37% 2022

0.45% 93.82% 2021


HARBOR ISLAND Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

3

6

50%

2022

2021

AVERAGE DAYS ON MARKET

82

17

382.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$293

$219

33.9%

2022

2021

AVERAGE SALES PRICE

$340,333 2022

0.7% $338,133 2021

LIST TO SALES PRICE RATIO

93.25% 2022

2.64% 95.89% 2021

LADY’S ISLAND Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

22

29

-24.1%

2022

2021

AVERAGE DAYS ON MARKET

30

33

9.1%

2022

2021

AVERAGE LIST PRICE PER SQFT

$269

$188

42.9%

2022

2021

AVERAGE SALES PRICE

$419,614 2022

4.4%

$439,060 2021

LIST TO SALES PRICE RATIO

98.27% 2022

1.17%

97.11% 2021


HABERSHAM Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

2

7

71.4%

2022

2021

AVERAGE DAYS ON MARKET

19

113

83.2%

2022

2021

AVERAGE LIST PRICE PER SQFT

$466

$217

114.7%

2022

2021

AVERAGE SALES PRICE

$1,050,000 2022

121% $475,214 2021

LIST TO SALES PRICE RATIO

96.60% 2022

0.93%

97.53% 2021

TOWN OF PORT ROYAL Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

6

14

57.1%

2022

2021

AVERAGE DAYS ON MARKET

12

219

94.5%

2022

2021

AVERAGE LIST PRICE PER SQFT

$185

$162

13.9%

2022

2021

AVERAGE SALES PRICE

$251,500 2022

12.6%

$223,336 2021

LIST TO SALES PRICE RATIO

99.35% 2022

0.62%

98.73% 2021


ST HELENA ISLAND Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

4

7

42.9%

2022

2021

AVERAGE DAYS ON MARKET

131

60

118.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$303

$255

18.9%

2022

2021

AVERAGE SALES PRICE

$396,125 2022

40.2%

$662,571 2021

LIST TO SALES PRICE RATIO

97.75% 2022

0.25%

97.99%

View Kiawah Island Listings

2021

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49 BOUNDARY STREET, BLUFFTON, SC 29910 | 843.836.3900 | DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated. Based on information from the MLS provider for the period 1/1/22-3/31/22. © MMXVI Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks licensed to Sotheby’s International Realty Affiliates LLC. All rights reserved. This material may not be reproduced, displayed, modified or distributed without the express prior written consent of the copyright holder.


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