2022 QUARTER TWO
MARKET REPO RT HILTON HEAD ISLAND AND BLUFFTON
2022 Q2 Featured Sold Properties
Cover Home | 90 Tidewater Manor, Hilton Head Island | Sold at $7,450,000
28 Wood Ibis Road, Hilton Head Island | Sold at $6,100,000
704 Farnsleigh Avenue, Bluffton | Sold at $1,330,001
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
HILTON HEAD ISLAND, SC
BLUFFTON, SC
SAVANNAH, GA
33 BROAD STREET 843.723.7150
23-A SHELTER COVE LANE 843.341.2623
49 BOUNDARY STREET 843.836.3900
17 W CHARLTON STREET 912.234.3323
WWW.DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated.
2022 Q2 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
57
72
20.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
34
46
26.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$362.21
49.8% $241.78 2021
2022
AVERAGE SALES PRICE
$1,074,292 2022
60.7%
$688,364 2021
LIST TO SALES PRICE RATIO
98.17% 2022
1.05%
99.22% 2021
HILTON HEAD ISLAND (VILLAS AND CONDOS) Residential Sales | Hilton Head Island and Daufuskie Island
NUMBER OF SALES
87
118
26.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
15
28
46.4%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$286.78
42.2% $201.61 2021
2022
AVERAGE SALES PRICE
$303,467 2022
39.7%
$217,286 2021
LIST TO SALES PRICE RATIO
100.35% 2022
0.97% 99.38% 2021
FOLLY FIELD Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
46
56
17.9%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
15
18
16.7%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$568.17
47.4% $385.45 2021
2022
AVERAGE SALES PRICE
$706,702 2022
116.5%
$326,389 2021
LIST TO SALES PRICE RATIO
98.10% 2022
1.53% 99.63% 2021
FOREST BEACH
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
76
111
31.5%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
28
50
44.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$598.27
36.1% $439.52 2021
2022
AVERAGE SALES PRICE
$687,693 2022
5.3%
$726,115 2021
LIST TO SALES PRICE RATIO
93.01% 2022
5.20%
98.20% 2021
HILTON HEAD PLANTATION
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
70
81
13.6%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
9
28
67.9%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$370.34
39.1% $266.28 2021
2022
AVERAGE SALES PRICE
$930,747 2022
30.0%
$716,226 2021
LIST TO SALES PRICE RATIO
104.39% 2022
4.31% 100.08% 2021
INDIGO RUN
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
6
19
68.4%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
14
24
41.7%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$338.85
45.6% $232.77 2021
2022
AVERAGE SALES PRICE
$1,287,333 2022
60.5%
$801,905 2021
LIST TO SALES PRICE RATIO
106.35% 2022
5.99%
100.36% 2021
LONG COVE
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
16
14
14.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
13
10
30.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$318.22
26.4% $251.79 2021
2022
AVERAGE SALES PRICE
$1,097,756 2022
20.4%
$911,786 2021
LIST TO SALES PRICE RATIO
98.96% 2022
0.85%
99.81% 2021
MOSS CREEK
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
19
19
47.4%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
23
32
28.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$298.55
43.1% $208.60 2021
2022
AVERAGE SALES PRICE
$858,684 2022
66.2%
$516,742 2021
LIST TO SALES PRICE RATIO
100.77% 2022
1.87%
102.65% 2021
PALMETTO DUNES/SHELTER COVE
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
72
128
43.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
15
39
61.5%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$608.89
34.3%
2022
$453.54 2021
AVERAGE SALES PRICE
$1,149,553 2022
29.5%
$887,765 2021
LIST TO SALES PRICE RATIO
101.00% 2022
1.15%
99.85% 2021
PALMETTO HALL
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
8
9
11.1%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
14
36
61.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$299.33
$226.37
32.2%
2022
2021
AVERAGE SALES PRICE
$938,625 2022
27.1%
$738,222 2021
LIST TO SALES PRICE RATIO
98.31% 2022
0.82%
97.49% 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
PORT ROYAL
SAVANNAH, GA 17 West Charlton Street 912.234.3323
Residential SalesWWW.DANIELRAVENELSIR.COM | Hilton Head Island and Daufuskie Island Comp Feb Mar 2022 .indd 1
NUMBER OF SALES
25
25
12.5%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
29
19
52.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$509.19
$346.15
47.1%
2022
2021
AVERAGE SALES PRICE
$1,473,621 2022
69.2%
$870,888 2021
LIST TO SALES PRICE RATIO
101.73% 2022
3.69%
98.03% 2021
SEA PINES
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
101
138
26.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
17
47
63.8%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$642.39
30.4% $492.59 2021
2022
AVERAGE SALES PRICE
$1,628,557 2022
19.9%
$1,358,131 2021
LIST TO SALES PRICE RATIO
100.80% 2022
3.11%
97.69% 2021
SHIPYARD
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
31
39
20.5%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
7
13
46.2%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$404.92
35.7% $298.48 2021
2022
AVERAGE SALES PRICE
$674,500 2022
46.2%
$461,356 2021
LIST TO SALES PRICE RATIO
103.75% 2022
1.44%
102.32% 2021
SPANISH WELLS
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
4
6
33.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
99
45
120.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$353.45
26.5% $481.04 2021
2022
AVERAGE SALES PRICE
$1,736,250 2022
23.3%
$2,262,500 2021
LIST TO SALES PRICE RATIO
94.89% 2022
WEXFORD
1.52%
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
4
14
71.4%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
10
88
88.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$464.48
71.7% $270.45 2021
2022
AVERAGE SALES PRICE
$2,719,000 2022
91.6%
$1,419,071 2021
LIST TO SALES PRICE RATIO
98.60% 2022
4.59%
94.01% 2021
96.41% 2021
WINDMILL HARBOUR
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
4
17
76.5%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
2
92
97.8%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$363.71
18.7% $306.33 2021
2022
AVERAGE SALES PRICE
$692,250 2022
23.0%
$899,588 2021
LIST TO SALES PRICE RATIO
104.97% 2022
DAUFUSKIE ISLAND
8.06% 96.90% 2021
Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES
11
16
31.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
67
409
83.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$319.90
30.5% $245.19 2021
2022
AVERAGE SALES PRICE
$841,045 2022
19.0%
$706,994 2021
LIST TO SALES PRICE RATIO
94.11% 2022
3.86%
97.97% 2021
2022 Q2 Market Report Section 2: Bluffton and Okatie
BELFAIR
Residential Sales | Bluffton and Okatie NUMBER OF SALES
16
15
6.7%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
54
167
67.7%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$323.99
50.0% $215.93 2021
2022
AVERAGE SALES PRICE
$1,362,156 2022
62.3%
$839,474 2021
LIST TO SALES PRICE RATIO
97.26% 2022
3.74%
93.52% 2021
BERKELEY HALL
Residential Sales | Bluffton and Okatie NUMBER OF SALES
11
15
26.7%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
24
27
11.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$345.16
48.6% $232.31 2021
2022
AVERAGE SALES PRICE
$1,267,500 2022
42.0%
$892,867 2021
LIST TO SALES PRICE RATIO
100.10% 2022
0.39%
99.71% 2021
BLUFFTON GENERAL
Residential Sales | Bluffton and Okatie NUMBER OF SALES
330
449
26.5%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
14
21
33.3%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$226.07
32.8% $170.25 2021
2022
AVERAGE SALES PRICE
$449,498 2022
26.9%
$354,353 2021
LIST TO SALES PRICE RATIO
100.48% 2022
0.72%
99.75% 2021
CALLAWASSIE ISLAND
Residential Sales | Bluffton and Okatie NUMBER OF SALES
12
23
47.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
24
205
88.3%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$243.96
69.3% $144.14 2021
2022
AVERAGE SALES PRICE
$775,125 2022
79.0%
$433,028 2021
LIST TO SALES PRICE RATIO
99.71% 2022
1.62%
98.09% 2021
COLLETON RIVER
Residential Sales | Bluffton and Okatie NUMBER OF SALES
13
16
18.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
20
53
62.3%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$401.20
64.2% $244.33 2021
2022
AVERAGE SALES PRICE
$2,078,577 2022
106.1%
$1,008,443 2021
LIST TO SALES PRICE RATIO
97.88% 2022
0.61%
98.49% 2021
HAMPTON HALL
Residential Sales | Buffton and Okatie NUMBER OF SALES
14
35
60.0%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
6
43
86.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$290.59
27.8% $227.30 2021
2022
AVERAGE SALES PRICE
$826,299 2022
24.5%
$663,844 2021
LIST TO SALES PRICE RATIO
101.77% 2022
1.95%
99.82% 2021
HAMPTON LAKE
Residential Sales | Bluffton and Okatie NUMBER OF SALES
22
35
37.1%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
6
54
88.9%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$333.93
35.1% $247.20 2021
2022
AVERAGE SALES PRICE
$989,614 2022
45.7%
$679,010 2021
LIST TO SALES PRICE RATIO
100.67% 2022
2.05%
98.62% 2021
HILTON HEAD LAKES
Residential Sales | Buffton and Okatie NUMBER OF SALES
11
12
8.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
6
123
95.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$181.13
$199.39
9.2%
2022
2021
AVERAGE SALES PRICE
$340,262 2022
17.6%
$413,057 2021
LIST TO SALES PRICE RATIO
100.15% 2022
1.25%
98.90% 2021
OLDFIELD
Residential Sales | Bluffton and Okatie NUMBER OF SALES
3
22
86.4%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
9
87
89.7%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$396.35
42.8% $277.60 2021
2022
AVERAGE SALES PRICE
$1,616,633 2022
72.2%
$938,675 2021
LIST TO SALES PRICE RATIO
101.72% 2022
3.73%
97.99% 2021
PALMETTO BLUFF
Residential Sales | Buffton and Okatie NUMBER OF SALES
28
36
22.2%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
31
26
19.2%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$746.06
27.7% $584.34 2021
2022
AVERAGE SALES PRICE
$2,444,203 2022
28.0%
$1,908,816 2021
LIST TO SALES PRICE RATIO
94.31% 2022
4.25%
98.56% 2021
ROSE HILL
Residential Sales | Bluffton and Okatie NUMBER OF SALES
13
22
40.9%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
12
33
63.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$279.41
38.1% $202.28 2021
2022
AVERAGE SALES PRICE
$728,466 2022
24.3%
$586,209 2021
LIST TO SALES PRICE RATIO
101.48% 2022
2.58%
98.89% 2021
SPRING ISLAND
Residential Sales | Bluffton and Okatie NUMBER OF SALES
4
5
20.0%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
41
229
82.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$662.94
37.2% $483.04 2021
2022
AVERAGE SALES PRICE
$1,530,625 2022
38.7%
$2,495,000 2021
LIST TO SALES PRICE RATIO
96.27% 2022
3.45%
92.82% 2021
SUN CITY/RIVERBEND
Residential Sales | Bluffton and Okatie NUMBER OF SALES
186
214
13.1%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
15
14
7.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$253.14
27.3% $198.92 2021
2022
AVERAGE SALES PRICE
$505,921 2022
36.1%
$371,716 2021
LIST TO SALES PRICE RATIO
101.30% 2022
0.76%
100.54% 2021
LATITUDE MARGARITAVILLE Residential Sales | Buffton and Okatie
NUMBER OF SALES
94
88
6.8%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
5
7
28.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$222.74
12.4% $198.25 2021
2022
AVERAGE SALES PRICE
$425,540 2022
24.7%
$341,242 2021
LIST TO SALES PRICE RATIO
101.46% 2022
1.32%
100.13% 2021
2022 Q2 Market Report Section 3: Jasper County
JASPER COUNTY
Residential Sales | Jasper County NUMBER OF SALES
46
57
19.3%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
37
60
38.3%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$165.89
$155.83
6.5%
2022
2021
AVERAGE SALES PRICE
$275,042 2022
10.3%
$306,636 2021
LIST TO SALES PRICE RATIO
98.96% 2022
0.25%
99.21% 2021
HARDEEVILLE
Residential Sales | Jasper County NUMBER OF SALES
6
12
50.0%
2022
2021
AVERAGE CUMULATIVE DAYS ON MARKET
81
104
22.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$158.53
$148.83
6.5%
2022
2021
AVERAGE SALES PRICE
$290,167 2022
8.4%
$316,687 2021
LIST TO SALES PRICE RATIO
101.23% 2022
4.71%
96.53% 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. 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 supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.