2024 QUARTER ONE MARKET REPORT HILTON HEAD ISLAND & BLUFFTON
Featured Properties 170 Oldfield Way, Bluffton | Offered at $3,895,000 70 Brams Point Road, Hilton Head Island | Offered at $8,000,000 30 Ruddy Turnstone Road, Hilton Head Island | Offered at $4,699,000 COVER HOME
Miles of winding waterways and sandy shores. Legendary golf courses. Historic cities with storied streets abuzz with new experiences. Expansive acreage promising a relaxing respite.
Life along the South Carolina & Georgia coastline has something for everyone. Serving
Let us introduce you to a life well-lived in the Lowcountry
the Lowcountry in Charleston, Savannah, Hilton Head Island, Beaufort, & Bluffton
WWW.DANIELRAVENELSIR.COM
Q1 2024
Section 1: Hilton Head Island and Daufuskie Island
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 202 2024 175 2023 15.4% HILTON HEAD ISLAND (VILLAS AND CONDOS) Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 217 2024 216 2023 0.5% $482.53 2024 $465.25 2023 3.7% $1,299,239 2024 $1,233,910 2023 58 2024 53 2023 9.4% 5.3% $437.80 2024 $405.18 2023 8.1% 70 2024 58 2023 20.7% 96.63% 2024 96.84% 2023 0.22% 96.25% 2024 96.62% 2023 0.36% $571,912 2024 $545,728 2023 4.8%
HILTON HEAD ISLAND (SINGLE FAMILY HOMES)
FOLLY FIELD
FOREST BEACH
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 95.85% 2024 96.70% 2023 0.85%
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 28 2024 21 2023 33.3% 52 2024 47 2023 10.6% 77 2024 71 2023 8.5% $592.80 2024 $474.90 2023 24.8% 86 2024 70 2023 22.9% $455,723 2024 $428,619 2023 6.3% $523.38 2024 $557.65 2023 6.1% $785,037 2024 $523,055 2023 50.1% 144.28% 2024 96.13% 2023 48.15%
HILTON HEAD PLANTATION
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE
INDIGO RUN
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 62 2024 37 2023 67.6% $372.25 2024 $366.18 2023 1.7% $925,285 2024 $931,838 2023 0.7% 96.31% 2024 96.91% 2023 0.61% 35 2024 40 2023 12.5% 98.93% 2024 97.65% 2023 1.28% 35 2024 39 2023 10.3% 9 2024 8 2023 12.5% $364.18 2024 $354.76 2023 2.7% $1,191,944 2024 $1,021,250 2023 16.7%
LONG COVE
MOSS CREEK
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 46 2024 100 2023
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 97.77% 2024 97.28% 2023 0.5% $309.68 2024 $307.19 2023 0.8% 6 2024 2 2023 200% 54% 49 2024 25 2023 96% $433.69 2024 $296.62 2023 46.2% $1,330,169 2024 $910,000 2023 46.2% 99.30% 2024 96.35% 2023 2.96% 12 2024 19 2023 36.8% $807,292 2024 $806,711 2023 0.1%
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 47 2024 53 2023 11.3%
HALL Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 6 2024 8 2023 95.92% 2024 95.87% 2023 0.04% $1,060,111 2024 $1,142,432 2023 7.2% 47 2024 53 2023 11.3% 25% 62 2024 69 2023 10.1% $593.59 2024 $585.61 2023 1.4% $325.73 2024 $252.67 2023 28.9% $988,167 2024 $909,613 2023 0.31% 98.03% 2024 97.72% 2023 0.31%
PALMETTO
DUNES/SHELTER COVE
PALMETTO
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PORT ROYAL
LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 10 2024 10 2023 94.09% 2024 96.12% 2023 2.03% $
Residential Sales | Hilton Head Island and Daufuskie Island
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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 Our Offices WWW.DANIELRAVENELSIR.COM Comp Feb Mar 2022 .indd 1 53 2024 20 2023 165% $555.75 2024 $469.34 2023 18.4% $1,984,521 2024 $1,739,200 2023 14.1%
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SEA PINES
SHIPYARD
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 63 2024 67 2023 6%
Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 66 2024 66 2023 21 2024 27 2023 22.2% 47 2024 56 2023 16.1% $573.06 2024 $548.68 2023 4.4% 97.39% 2024 97.93% 2023 0.54% 94.05% 2024 96.40% 2023 2.35% $1,244,048 2024 $1,226,657 2023 1.4% $411.15 2024 $381.26 2023 7.8% $652,238 2024 $659,533 2023 1.1%
WELLS Residential Sales | Hilton Head Island and Daufuskie Island WEXFORD Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 95.56% 2024 97.26% 2023 1.69% $1,800,000 2024 $2,616,667 2023 31.2% 90.05% 2024 89.31% 2023 0.74% $410.86 2024 $413.80 2023 0.8% 71 2024 74 2023 4.1% 126 2024 75 2023 68% $517.78 2024 $427.67 2023 21.1% 8 2024 4 2023 100% $2,953,750 2024 $2,206,250 2023 33.9% 1 2024 3 2023 66.7%
SPANISH
DAUFUSKIE ISLAND Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 93.95% 2024 92.67% 2023 1.28% $278.11 2024 $262.67 2023 5.9% WINDMILL HARBOUR Residential Sales | Hilton Head Island and Daufuskie Island LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 131 2024 5 2023 $845,167 2024 $679,983 2023 24.3% $1,406,714 2024 $1,225,000 2023 14.8% 178 2024 66 2023 169.7% 7 2024 2 2023 250% $413.59 2024 $378.22 2023 9.4% 2520% 94.95% 2024 100% 2023 5.05% 6 2024 10 2023 40%
Q1 2024
Section 2: Bluffton and Okatie
BELFAIR Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE BERKELEY HALL Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 9 2024 5 2023 10 2024 4 2023 150% $386.09 2024 $353.01 2023 9.4% $1,429,538 2024 $1,661,250 2023 13.9% 96.64% 2024 96.40% 2023 0.24% 36 2024 82 2023 56.1% 99.50% 2024 93.84% 2023 5.65% $335.99 2024 $280.09 2023 20% 117 2024 121 2023 3.3% 80% $1,228,252 2024 $1,106,257 2023 11%
GENERAL Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE CALLAWASSIE ISLAND Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE $985,000 2024 $1,100,000 2023 10.5% $302.75 2024 $287.09 2023 5.5% $348.93 2024 $383.16 2023 8.9% 483 2024 348 2023 38.8% 5 2024 3 2023 66.7% 97.29% 2024 96.83% 2023 0.46% 64 2024 43 2023 48.8% 67 2024 132 2023 49.2% $730,101 2024 $724,275 2023 0.8% 96.30% 2024 99.70% 2023 3.39%
BLUFFTON
RIVER Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 66 2024 47 2023 HAMPTON HALL Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 11 2024 11 2023 $1,028,627 2024 $870,364 2023 18.2% $307.13 2024 $287.52 2023 6.8% 96.54% 2024 95.72% 2023 0.82% 3 2024 6 2023 50% 96.78% 2024 95.47% 2023 1.31% 78 2024 66 2023 18.2% $426.75 2024 $384.51 2023 11% 40.4% $2,233,000 2024 $1,590,750 2023 40.4%
COLLETON
LAKE Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE $323.32 2024 $338.06 2023 4.4%
HEAD LAKES Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 96.92% 2024 98.2% 2023 1.28% 96.05% 2024 96.53% 2023 0.48% $462,725 2024 $444,514 2023 4.1% $235.42 2024 $232.44 2023 1.3% 19 2024 5 2023 280% 58 2024 27 2023 114.8% $932,071 2024 $961,500 2023 3.1% 6 2024 12 2023 50% 72 2024 37 2023 94.6%
HAMPTON
HILTON
OLDFIELD Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE PALMETTO BLUFF Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 28 2024 16 2023 $721.39 2024 $772.46 2023 6.6% 75% 102 2024 51 2023 100% $1,009,347 2024 $903,792 2023 11.7% 95.75% 2024 94.15% 2023 1.60% 96.76% 2024 95.41% 2023 1.35% 11 2024 8 2023 37.5% $357.78 2024 $307.85 2023 16.2% $2,474,393 2024 $3,057,379 2023 19.1% 77 2024 56 2023 37.5%
ROSE HILL
Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE
ISLAND Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 92 2024 43 2023 114.0% 10 2024 14 2023 28.6% 94.60% 2024 95.77% 2023 1.17% $849,500 2024 $625,343 2023 35.8% $328.12 2024 $261.72 2023 25.4% $1,882,500 2024 $1,812,600 2023 3.9% 93.08% 2024 104.47% 2023 11.39% 4 2024 5 2023 142 2024 112 2023 26.8% $598.35 2024 $625.60 2023 4.4% 20.0%
SPRING
Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE LATITUDE MARGARITAVILLE Residential Sales | Bluffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 103.9% 2024 102.73% 2023 1.17% $288.84 2024 $266.95 2023 8.2% $547,075 2024 $538,242 2023 1.6% $287.62 2024 $237.43 2023 21.1% 131 2024 121 2023 8.3% $528,494 2024 $424,349 2023 24.5% 134 2024 92 2023 45.7% 99.17% 2024 98.6% 2023 0.57% 71 2024 38 2023 86.8% 12 2024 6 2023 100%
SUN CITY/RIVERBEND
Q1 2024
Section 3: Jasper County
COUNTY Residential Sales | Jasper County LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE HARDEEVILLE Residential Sales | Jasper County LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE $215.66 2024 $199.45 2023 8.1% $388,179 2024 $386,672 2023 0.4% $231.79 2024 $194.79 2023 19% 45 2024 49 2023 8.2% 62 2024 70 2023 11.4% 98.23% 2024 98.95% 2023 0.72% 120 2024 149 2023 19.5% 124 2024 170 2023 27.1% $381,401 2024 $394,469 2023 3.3% 98.71% 2024 99.79% 2023 1.09%
JASPER
DANIELRAVENELSIR.COM Statistics are compiled quarterly based on figures and data generated by the Multiple Listing Service. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Property and statistical data derived from this information is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. We fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Nothing Compares. 49 BOUNDARY STREET, BLUFFTON, SC | 23-A SHELTER COVE LANE, HILTON HEAD ISLAND, SC