Quarter 1 2023 Market Report | Beaufort & The Sea Islands by Daniel Ravenel Sotheby's International Realty

2023 QUARTER ONE MARKET REPORT

BEAUFORT & THE SEA ISLANDS

Featured Properties

7 Tomlow Trace | Sold for $839,000 7 Little Jane Way | Listed for $1,195,000 207 Sea Pines Drive | Listed for $1,650,000

Q1 2023 vs Q1 2022

The Beaufort Area

NUMBER OF SALES ˇ20.1%

345

99 AVERAGE DAYS ON MARKET

^18.0%

$251 AVERAGE SOLD PRICE PER SQFT

ˇ0.1%

$463,145 AVERAGE SALES PRICE ˇ5.6% 96.78% LIST TO SALES PRICE RATIO ˇ0.79%

The Overview

Q1 2023 Beaufort & The Sea Islands

BEAUFORT Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 31 2023 45 2022 73 2023 77 2022 $257.30 2023 $225.73 2022 $503,431 2023 $496,641 2022 95.87% 2023 96.87% 2022 BURTON Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 127 2023 146 2022 73 2023 60 2022 $218.78 2023 $171.85 2022 $421,368 2023 $316,333 2022 97.98% 2023 99.17% 2022 31.1% 5.2% 14% 1.4% 1.0% 13.0% 21.7% 27.3% 33.2% 1.2%

DATAW ISLAND

HARBOR ISLAND

Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 11 2023 16 2022 101 2023 91 2022 $225.67 2023 $235.32 2022 $518,745 2023 $609,906 2022 98.07% 2023 97.53% 2022 31.3% 11.0% 4.1% 14.9% 0.55%

Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 12 2023 25 2022 93 2023 72 2022 $282.48 2023 $331.49 2022 $359,479 2023 $501,271 2022 95.58% 2023 96.35% 2022 52.0% 29.2% 14.8% 28.3% 0.77%

FRIPP ISLAND

Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 23 2023 27 2022 74 2023 128 2022 $401.69 2023 $375.50 2022 $796,391 2023 $780,596 2022 94.79% 2023 94.93% 2022 42.2% 7.0% 2.0% 0.15%

Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 83 2023 105 2022 167 2023 81 2022 $230.79 2023 $196.72 2022 $490,984 2023 $385,865 2022 98.62% 2023 99.51% 2022 21.0% 106.2% 17.3% 27.2% 0.88% 14.8%

Residential

LADY’S ISLAND Residential

PORT ROYAL

Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 14 2023 10 2022 58 2023 63 2022 $395.87 2023 $349.46 2022 $862,000 2023 $699,000 2022 96.92% 2023 97.94% 2022

HABERSHAM

Residential Sales | Beaufort and Sea Islands 40.0% 7.9% 13.3% 23.3% 1.01% LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 42 2023 54 2022 109 2023 82 2022 $192.50 2023 $159.95 2022 $312,553 2023 $281,180 2022 100.34% 2023 100.07% 2022 22.2% 32.9% 20.4% 11.2% 0.27%

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HELENA

Residential Sales | Beaufort and Sea Islands LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 16 2023 14 2022 104 2023 82 2022 $197.99 2023 $312.30 2022 $302,213 2023 $552,107 2022 94.81% 2023 99.76% 2022 26.8% 36.6% 45.3% 4.95% 14.3%

ISLAND

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