Quarter 1 2022 Market Report | Hilton Head Island & Bluffton

2022 QUARTER ONE

MARKET REPO RT HILTON HEAD ISLAND AND BLUFFTON

2022 Q1 Featured Sold Properties

107 Okatie Highway, Bluffton | Sold at $4,900,000

12 N Calibogue Cay Road, Hilton Head Island | Sold at $3,495,000

22 N Drayton Street, Palmetto Bluff | Sold at $2,345,000

Our heritage in the Lowcountry runs deep.

Where our clients are family and our neighbors are friends.

We live here. We work here. We love it here.

Our Offices CHARLESTON, SC 33 BROAD STREET 843.723.7150

HILTON HEAD ISLAND, SC

23-A SHELTER COVE LANE 843.341.2623

BLUFFTON, SC

49 BOUNDARY STREET 843.836.3900

WWW.DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated.

SAVANNAH, GA

17 W CHARLTON STREET 912.234.3323

2022 Q1 Market Report Section 1: Hilton Head Island and Daufuskie Island

HILTON HEAD ISLAND (SINGLE FAMILY HOMES) Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

49

66

25.8%

2022

2021

AVERAGE DAYS ON MARKET

90

55

63.6%

2022

2021

AVERAGE LIST PRICE PER SQFT

$290.20

22.7% $236.55 2021

2022

AVERAGE SALES PRICE

$680,648 2022

11.8%

$608,674 2021

LIST TO SALES PRICE RATIO

98.87% 2022

2.55%

96.31% 2021

HILTON HEAD ISLAND (VILLAS AND CONDOS) Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

102

111

8.1%

2022

2021

AVERAGE DAYS ON MARKET

26

44

40.9%

2022

2021

AVERAGE LIST PRICE PER SQFT

$269.93

38.3% $195.14 2021

2022

AVERAGE SALES PRICE

$286,557 2022

44.8%

$197,854 2021

LIST TO SALES PRICE RATIO

100.23% 2022

2.26% 97.97% 2021

FOLLY FIELD Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

43

52

17.3%

2022

2021

AVERAGE DAYS ON MARKET

44

49

10.2%

2022

2021

AVERAGE LIST PRICE PER SQFT

$494.95

30.5% $379.38 2021

2022

AVERAGE SALES PRICE

$392,449 2022

17.8%

$333,273 2021

LIST TO SALES PRICE RATIO

100.06% 2022

1.39% 98.67% 2021

FOREST BEACH Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

75

87

13.8%

2022

2021

AVERAGE DAYS ON MARKET

48

86

44.2%

2022

2021

AVERAGE LIST PRICE PER SQFT

$511.29

37.4% $372.08 2021

2022

AVERAGE SALES PRICE

$673,367 2022

44.8%

$465,175 2021

LIST TO SALES PRICE RATIO

142.84% 2022

44.16%

98.68% 2021

HILTON HEAD PLANTATION Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

50

74

32.4%

2022

2021

AVERAGE DAYS ON MARKET

14

41

65.9%

2022

2021

AVERAGE LIST PRICE PER SQFT

$300.48

23.7% $242.83 2021

2022

AVERAGE SALES PRICE

$791,510 2022

22.6%

$645,550 2021

LIST TO SALES PRICE RATIO

102.93% 2022

6.11% 96.82% 2021

INDIGO RUN Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

6

21

71.4%

2022

2021

AVERAGE DAYS ON MARKET

24

26

7.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$281.14

20.7% $233.02 2021

2022

AVERAGE SALES PRICE

$924,000 2022

19.8%

$771,500 2021

LIST TO SALES PRICE RATIO

101.97% 2022

2.77%

99.20% 2021

LONG COVE Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

9

15

40.0%

2022

2021

AVERAGE DAYS ON MARKET

31

54

42.6%

2022

2021

AVERAGE LIST PRICE PER SQFT

$344.72

45.3% $237.18 2021

2022

AVERAGE SALES PRICE

$1,252,000 2022

50.9%

$829,733 2021

LIST TO SALES PRICE RATIO

98.35% 2022

0.74%

97.62% 2021

MOSS CREEK Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

10

19

47.4%

2022

2021

AVERAGE DAYS ON MARKET

22

93

76.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$274.47

42.3% $192.90 2021

2022

AVERAGE SALES PRICE

$505,900 2022

7.1%

$472,158 2021

LIST TO SALES PRICE RATIO

100.28% 2022

1.56%

98.72% 2021

PALMETTO DUNES/SHELTER COVE Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

76

92

17.4%

2022

2021

AVERAGE DAYS ON MARKET

40

104

61.5%

2022

2021

AVERAGE LIST PRICE PER SQFT

$557.26

$447.16

24.6%

2022

2021

AVERAGE SALES PRICE

$1,196,195 2022

23.3%

$970,027 2021

LIST TO SALES PRICE RATIO

99.17% 2022

2.03%

97.14% 2021

PALMETTO HALL Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

5

9

44.4%

2022

2021

AVERAGE DAYS ON MARKET

19

31

38.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$301.60

$225.25

33.9%

2022

2021

AVERAGE SALES PRICE

$921,050 2022

24.2%

$741,778 2021

LIST TO SALES PRICE RATIO

99.34% 2022

2.10%

97.23% 2021

Thank you for being a part of our record-breaking year.

$

MAXIMIZE THE VALUE OF YOUR HOME WITH THE RIGHT REPRESENTATION

841.7 Million

WE PROVIDE LUXURY SERVICE AT EVERY PRICE POINT

Total sales volume in 2021

With your trust and collaboration, we are thrilled to announce that we have shattered our 2020 record-breaking sales volume, confirming our position as the Lowcountry luxury leader.

We are local experts with a global reach, showcasing your property to the widest audience to achieve the highest price-point.

High-touch, service-minded, and technology driven; our representation goes above and beyond all others.

SCAN HERE OR VISIT DRSIRMARKETREPORT.COM FOR A YEAR-END MARKET REVIEW

DISCOVER THE DIFFERENCE.

Our Offices CHARLESTON, SC 33 Broad Street 843.723.7150

HILTON HEAD, SC 23-A Shelter Cove Lane 843.341.2623

BLUFFTON, SC 49 Boundary Street 843.836.3900

SAVANNAH, GA 17 West Charlton Street 912.234.3323

PORT ROYAL

Residential SalesWWW.DANIELRAVENELSIR.COM | Hilton Head Island and Daufuskie Island Comp Feb Mar 2022 .indd 1

NUMBER OF SALES

14

16

12.5%

2022

2021

AVERAGE DAYS ON MARKET

49

129

62%

2022

2021

AVERAGE LIST PRICE PER SQFT

$396.75

$349.77

13.4%

2022

2021

AVERAGE SALES PRICE

$883,386 2022

17.0%

$1,064,025 2021

LIST TO SALES PRICE RATIO

97.17% 2022

3.71%

93.45% 2021

SEA PINES Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

99

132

25.0%

2022

2021

AVERAGE DAYS ON MARKET

23

93

75.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$579.56

30.8% $443.16 2021

2022

AVERAGE SALES PRICE

$1,476,441 2022

24.2%

$1,189,030 2021

LIST TO SALES PRICE RATIO

100.12% 2022

5%

95.12% 2021

SHIPYARD Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

29

23

26.1%

2022

2021

AVERAGE DAYS ON MARKET

14

18

22.2%

2022

2021

AVERAGE LIST PRICE PER SQFT

$383.79

39.2% $275.62 2021

2022

AVERAGE SALES PRICE

$581,172 2022

41.6%

$410,517 2021

LIST TO SALES PRICE RATIO

99.60% 2022

1.16%

98.44% 2021

SPANISH WELLS Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

1

2

50.0%

2022

2021

AVERAGE DAYS ON MARKET

47

242

80.6%

2022

2021

AVERAGE LIST PRICE PER SQFT

$350.04

31.7% $512.27 2021

2022

AVERAGE SALES PRICE

$1,550,000 2022

42.6%

$2,700,000 2021

LIST TO SALES PRICE RATIO

96.94% 2022

2.92%

WEXFORD Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

5

15

66.7%

2022

2021

AVERAGE DAYS ON MARKET

78

141

44.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$400.40

52.2% $263.09 2021

2022

AVERAGE SALES PRICE

$1,821,800 2022

61.2%

$1,130,431 2021

LIST TO SALES PRICE RATIO

98.65% 2022

2.41%

96.24% 2021

94.01% 2021

WINDMILL HARBOUR Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

8

13

38.5%

2022

2021

AVERAGE DAYS ON MARKET

11

77

85.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$318.36

$317.92

0.1%

2022

2021

AVERAGE SALES PRICE

$682,988 2022

32.2%

$1,007,346 2021

LIST TO SALES PRICE RATIO

95.74% 2022

0.58% 95.17% 2021

DAUFUSKIE ISLAND Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

17

23

26.1%

2022

2021

AVERAGE DAYS ON MARKET

63

164

61.6%

2022

2021

AVERAGE LIST PRICE PER SQFT

$258.80

42.5% $181.60 2021

2022

AVERAGE SALES PRICE

$654,441 2022

30.3%

$502,217 2021

LIST TO SALES PRICE RATIO

93.50% 2022

2.44%

91.06% 2021

2022 Q1 Market Report Section 2: Bluffton and Okatie

BELFAIR Residential Sales | Bluffton and Okatie NUMBER OF SALES

12

18

33.3%

2022

2021

AVERAGE DAYS ON MARKET

50

138

63.8%

2022

2021

AVERAGE LIST PRICE PER SQFT

$299.03

38.8% $215.40 2021

2022

AVERAGE SALES PRICE

$1,239,458 2022

35.8%

$912,522 2021

LIST TO SALES PRICE RATIO

98.92% 2022

3.77%

95.15% 2021

BERKELEY HALL Residential Sales | Bluffton and Okatie NUMBER OF SALES

10

25

60.0%

2022

2021

AVERAGE DAYS ON MARKET

40

79

49.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$322.98

60.3% $201.54 2021

2022

AVERAGE SALES PRICE

$1,127,214 2022

47.1%

$766,240 2021

LIST TO SALES PRICE RATIO

100.63% 2022

2.18%

98.45% 2021

BLUFFTON GENERAL Residential Sales | Bluffton and Okatie NUMBER OF SALES

260

317

18.0%

2022

2021

AVERAGE DAYS ON MARKET

24

41

41.5%

2022

2021

AVERAGE LIST PRICE PER SQFT

$210.76

31.6% $160.19 2021

2022

AVERAGE SALES PRICE

$456,581 2022

40.4%

$325,307 2021

LIST TO SALES PRICE RATIO

98.92% 2022

0.95%

97.97% 2021

CALLAWASSIE ISLAND Residential Sales | Bluffton and Okatie NUMBER OF SALES

9

33

72.7%

2022

2021

AVERAGE DAYS ON MARKET

78

157

50.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$293.05 2022

60.2% $182.94 2021 AVERAGE SALES PRICE

$907,111 2022

75.7%

$516,412 2021

LIST TO SALES PRICE RATIO

96.78% 2022

0.84%

95.94% 2021

COLLETON RIVER Residential Sales | Bluffton and Okatie NUMBER OF SALES

7

12

41.7%

2022

2021

AVERAGE DAYS ON MARKET

73

137

46.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$321.51

37.0% $234.68 2021

2022

AVERAGE SALES PRICE

$1,308,036 2022

39.8%

$935,583 2021

LIST TO SALES PRICE RATIO

96.50% 2022

0.49%

96.02% 2021

HAMPTON HALL Residential Sales | Buffton and Okatie NUMBER OF SALES

22

19

15.8%

2022

2021

AVERAGE DAYS ON MARKET

25

87

71.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$229.54

20.7% $190.11 2021

2022

AVERAGE SALES PRICE

$665,999 2022

11.9%

$595,073 2021

LIST TO SALES PRICE RATIO

100.14% 2022

1.83%

98.31% 2021

HAMPTON LAKE Residential Sales | Bluffton and Okatie NUMBER OF SALES

20

30

33.3%

2022

2021

AVERAGE DAYS ON MARKET

33

90

63.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$320.00

38.5% $231.01 2021

2022

AVERAGE SALES PRICE

$998,255 2022

55.3%

$642,845 2021

LIST TO SALES PRICE RATIO

98.66% 2022

0.70%

97.96% 2021

HILTON HEAD LAKES Residential Sales | Buffton and Okatie NUMBER OF SALES

13

5

160%

2022

2021

AVERAGE DAYS ON MARKET

45

176

74.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$167.12

$174.84

4.4%

2022

2021

AVERAGE SALES PRICE

$301,144 2022

15.3%

$355,655 2021

LIST TO SALES PRICE RATIO

99.89% 2022

2.93%

96.97% 2021

OLDFIELD Residential Sales | Bluffton and Okatie NUMBER OF SALES

8

14

42.9%

2022

2021

AVERAGE DAYS ON MARKET

88

93

5.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$273.40

13.3% $241.36 2021

2022

AVERAGE SALES PRICE

$1,072,788 2022

35.9%

$789,510 2021

LIST TO SALES PRICE RATIO

97.73% 2022

0.06%

97.66% 2021

PALMETTO BLUFF Residential Sales | Buffton and Okatie NUMBER OF SALES

23

23

0.0%

2022

2021

AVERAGE DAYS ON MARKET

31

41

24.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$680.56

26.9% $536.15 2021

2022

AVERAGE SALES PRICE

$2,079,168 2022

11.1%

$1,871,379 2021

LIST TO SALES PRICE RATIO

101.63% 2022

4.18%

97.45% 2021

ROSE HILL Residential Sales | Bluffton and Okatie NUMBER OF SALES

13

21

38.1%

2022

2021

AVERAGE DAYS ON MARKET

18

69

73.9%

2022

2021

AVERAGE LIST PRICE PER SQFT

$256.59

19.6% $214.59 2021

2022

AVERAGE SALES PRICE

$927,785 2022

19.1%

$779,279 2021

LIST TO SALES PRICE RATIO

104.49% 2022

8.92%

95.57% 2021

SPRING ISLAND Residential Sales | Bluffton and Okatie NUMBER OF SALES

3

5

40.0%

2022

2021

AVERAGE DAYS ON MARKET

83

223

62.8%

2022

2021

AVERAGE LIST PRICE PER SQFT

$446.52

7.5%

2022

$482.98 2021

AVERAGE SALES PRICE

$1,584,726 2022

12.3%

$1,807,700 2021

LIST TO SALES PRICE RATIO

99.25% 2022

2.57%

96.68% 2021

SUN CITY/RIVERBEND Residential Sales | Bluffton and Okatie NUMBER OF SALES

142

200

29.0%

2022

2021

AVERAGE DAYS ON MARKET

16

49

67.3%

2022

2021

AVERAGE LIST PRICE PER SQFT

$231.67

26.3% $183.39 2021

2022

AVERAGE SALES PRICE

$461,530 2022

34.3%

$343,640 2021

LIST TO SALES PRICE RATIO

100.69% 2022

1.88%

98.81% 2021

LATITUDE MARGARITAVILLE Residential Sales | Buffton and Okatie NUMBER OF SALES

70

77

9.1%

2022

2021

AVERAGE DAYS ON MARKET

5

19

73.7%

2022

2021

AVERAGE LIST PRICE PER SQFT

$218.84

15.8% $188.98 2021

2022

AVERAGE SALES PRICE

$420,567 2022

25.5%

$335,159 2021

LIST TO SALES PRICE RATIO

102.94% 2022

1.01%

103.95% 2021

2022 Q1 Market Report Section 3: Jasper County

JASPER COUNTY Residential Sales | Jasper County NUMBER OF SALES

42

53

20.8%

2022

2021

AVERAGE DAYS ON MARKET

44

56

21.4%

2022

2021

AVERAGE LIST PRICE PER SQFT

$160.31

$147.48

8.7%

2022

2021

AVERAGE SALES PRICE

$285,750 2022

5.2%

$271,643 2021

LIST TO SALES PRICE RATIO

97.39% 2022

0.14%

97.24% 2021

HARDEEVILLE Residential Sales | Jasper County NUMBER OF SALES

7

4

75.0%

2022

2021

AVERAGE DAYS ON MARKET

56

102

45.1%

2022

2021

AVERAGE LIST PRICE PER SQFT

$157.08

14.5% $137.19 2021

2022

AVERAGE SALES PRICE

$313,129 2022

10.6%

$283,045 2021

LIST TO SALES PRICE RATIO

95.43% 2022

1.43%

96.86% 2021

Nothing Compares.

49 BOUNDARY STREET, BLUFFTON, SC | 23-A SHELTER COVE LANE, HILTON HEAD ISLAND, SC DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated.

Based on information from MLS providers 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.