Quarter 2 2023 | Beaufort & The Sea Islands

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2023 QUARTER TWO MARKET REPORT

BEAUFORT & THE SEA ISLANDS

Featured Properties 40 Stedy Git N It Lane, Saint Helena Island | Listed for
$1,500,000 RECORD SALE
775 Marlin Drive, Fripp Island | Sold for $2,150,000
718 Winter Trout Road, Fripp Island | Sold for $3,190,000

Q2 2023 vs Q2 2022

The Beaufort Area

NUMBER OF SALES

469

^266.4%

93 AVERAGE DAYS ON MARKET

^256.2%

$272.77 AVERAGE SOLD PRICE PER SQFT

ˇ8.9%

$535,261 AVERAGE SALES PRICE

ˇ7.5% 96.82% LIST TO SALES PRICE RATIO

ˇ2.92%

The Overview
Q2 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 56 2023 21 2022 101 2023 11 2022 $225.43 2023 $269.45 2022 $444,068 2023 $518,983 2022 95.59% 2023 100.73% 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 135 2023 33 2022 78 2023 11 2022 $207.94 2023 $199.72 2022 $394,453 2023 $315,563 2022 98.10% 2023 99.37% 2022 166.7% 818.2% 16.3% 14.4% 5.14% 309.1% 609.1% 4.1% 25.0% 1.28%

DATAW ISLAND

HARBOR 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 17 2023 5 2022 118 2023 63 2022 $252.06 2023 $234.45 2022 $644,335 2023 $543,800 2022 95.98% 2023 100.00% 2022 240.0% 87.3% 7.5% 18.5% 4.02%
Residential
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 15 2023 6 2022 52 2023 35 2022 $337.67 2023 $449.26 2022 $461,233 2023 $656,333 2022 97.89% 2023 95.42% 2022 150.0% 48.6% 24.8% 29.7% 2.47%
FRIPP 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 32 2023 7 2022 132 2023 27 2022 $456.17 2023 $424.25 2022 $884,534 2023 $1,055,000 2022 96.53% 2023 100.5% 2022 388.9% 7.5% 16.2% 3.97%
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 118 2023 38 2022 100 2023 18 2022 $252.57 2023 $233.17 2022 $581,777 2023 $497,486 2022 98.40% 2023 98.02% 2022 210.5% 455.6% 8.3% 16.9% 0.38% 357.1%
LADY’S ISLAND

PORT ROYAL

HABERSHAM 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 15 2023 4 2022 70 2023 8 2022 $344.47 2023 $378.28 2022 $772,427 2023 $870,500 2022 95.63% 2023 103.94% 2022
Residential Sales | Beaufort and Sea Islands 275.0% 775.0% 8.9% 11.3% 8.31% LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 54 2023 8 2022 90 2023 11 2022 $190.53 2023 $184.32 2022 $297,889 2023 $331,106 2022 99.29% 2023 99.92% 2022 575.0% 718.2% 3.4% 10.0% 0.63%

MAXIMIZE THE VALUE OF YOUR HOME WITH THE RIGHT REPRESENTATION

WE PROVIDE LUXURY SERVICE AT EVERY PRICE POINT

We are local experts with a global reach, showcasing your property to the widest audience to achieve the highest pricepoint. High-touch, service-minded, and technology driven; our representation goes above and beyond all others.

DISCOVER THE DIFFERENCE.

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 27 2023 6 2022 96 2023 51 2022 $188.05 2023 $320.59 2022 $336,619 2023 $417,417 2022 95.82% 2023 97.21% 2022 88.2% 41.3% 19.4% 1.39% 350.0%
SAINT HELENA ISLAND

LUXURY IS

A FEELING. OUR SERVICE. OUR STANDARD.

Your home is more than four walls and an address. It’s where you experience life. It’s a feeling of connection and growth. The real estate company you chose to represent your property for sale should be as exceptional as you are, and as your next chapter is going to be. In the Lowcountry, only Daniel Ravenel Sotheby’s International Realty offers this level of service for selling your home. With the right team advocating for you, the opportunities are limitless.

Let us introduce you to a life well-lived in the Lowcountry

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 the Lowcountry in Charleston, Savannah Hilton Head Island, Beaufort & Bluffton WWW.DANIELRAVENELSIR.COM
Nothing Compares. 49 BOUNDARY STREET, BLUFFTON, SC 29910 | 843.836.3900 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 supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Each Office is Independently Owned and Operated.

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