2022 QUARTER THREE MARKET REPORT HILTON HEAD ISLAND AND BLUFFTON
2022 Q3 Featured Sold Properties 85 Cumberland Drive, Bluffton | Sold at $2,600,000 34 Bridgetown Road, Hilton Head Island | Sold at $2,375,000 Cover Home | 3 Tidelands Court, Bluffton | Sold at $2,900,000
Daniel Ravenel Sotheby’s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each o ce is independently owned and operated. 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
2022 Q3 Market Report
Section 1: Hilton Head Island and Daufuskie Island
HILTON HEAD ISLAND (SINGLE FAMILY HOMES) 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 43 2022 63 2021 35 2022 45 2021 $314.39 2022 $248.04 2021 $772,085 2022 $599,404 2021 97.31% 2022 97.83% 2021 31.7% 22.2% 26.7% 28.8% 0.52% 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 83 2022 95 2021 22 2022 16 2021 $278.61 2022 $215.41 2021 $295,746 2022 $229,214 2021 97.69% 2022 99.21% 2021 12.6% 37.5% 29.3% 23.6% 1.52%
FOLLY FIELD 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 31 2022 41 2021 34 2022 38 2021 $520.05 2022 $444.02 2021 $444,595 2022 $407,362 2021 97.08% 2022 98.76% 2021 24.4% 10.5% 17.1% 9.1% 1.68% 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 51 2022 97 2021 22 2022 29 2021 $497.14 2022 $412.80 2021 $538,559 2022 $652,925 2021 80.96% 2022 98.16% 2021 47.4% 24.1% 20.4% 17.5% 17.19%
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 12 2022 10 2021 15 2022 21 2021 $333.07 2022 $312.78 2021 $1,108,567 2022 $986,950 2021 97.02% 2022 101.07% 2021 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 44 2022 72 2021 17 2022 21 2021 $356.12 2022 $293.75 2021 $875,080 2022 $773,098 2021 100.71% 2022 99.35% 2021 38.9% 19.0% 21.2% 13.2% 1.36% 20.0% 28.6% 6.5% 12.3% 4.05%
LONG COVE 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 2022 9 2021 18 2022 34 2021 $322.71 2022 $269.77 2021 $1,236,667 2022 $1,346,100 2021 97.10% 2022 98.14% 2021 33.3% 47.1% 19.6% 8.1% 1.04% 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 17 2022 24 2021 26 2022 20 2021 $318.62 2022 $246.02 2021 $761,765 2022 $533,271 2021 97.68% 2022 100.00% 2021 29.2% 30.0% 29.5% 42.8% 2.32%
PALMETTO DUNES/SHELTER COVE 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 60 2022 78 2021 28 2022 34 2021 $608.73 2022 $464.34 2021 $1,304,482 2022 $1,021,522 2021 97.79% 2022 98.79% 2021 23.1% 17.6% 31.1% 27.7% 0.99% PALMETTO 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 2022 11 2021 27 2022 19 2021 $290.67 2022 $250.27 2021 $1,000,833 2022 $844,900 2021 95.70% 2022 99.14% 2021 45.1% 42.1% 18.5% 3.44% 16.1%
PORT ROYAL 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 11 2022 15 2021 25 2022 38 2021 $413.50 2022 $379.77 2021 $1,128,727 2022 $1,334,133 2021 98.02% 2022 99.15% 2021 26.7% 34.2% 8.9% 15.4% 1.13% $ 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 price-point. High-touch, service-minded, and technology driven; our representation goes above and beyond all others. DISCOVER THE DIFFERENCE. 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
SEA PINES 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 2022 103 2021 20 2022 37 2021 $558.04 2022 $493.49 2021 $1,384,942 2022 $1,417,792 2021 97.96% 2022 97.92% 2021 35.9% 45.9% 13.1% 2.3% 0.05% 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 23 2022 32 2021 21 2022 15 2021 $394.37 2022 $342.41 2021 $609,170 2022 $518,242 2021 96.86% 2022 99.31% 2021 28.1% 40.0% 15.2% 17.5% 2.46%
SPANISH 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 8 2022 7 2021 20 2022 96 2021 $445.43 2022 $346.19 2021 $1,944,250 2022 $1,683,286 2021 97.02% 2022 96.71% 2021 14.3% 79.2% 28.7% 15.5% 0.32% LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 1 2022 8 2021 3 2022 114 2021 $420.70 2022 $481.61 2021 $3,300,000 2022 $2,334,375 2021 94.29% 2022 96.50% 2021 87.5% 97.4% 12.6% 41.4% 2.22%
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 12 2022 23 2021 25 2022 97 2021 $439.21 2022 $247.49 2021 $793,950 2022 $864,952 2021 94.38% 2022 94.42% 2021 47.8% 74.2% 77.5% 8.2% 0.04% 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 5 2022 11 2021 24 2022 136 2021 $348.45 2022 $318.10 2021 $1,018,000 2022 $1,280,991 2021 97.63% 2022 93.12% 2021 54.5% 82.4% 9.5% 20.5% 4.51%
2022 Q3 Market Report 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 11 2022 17 2021 29 2022 50 2021 $364.29 2022 $239.08 2021 $1,621,000 2022 $912,294 2021 96.63% 2022 98.72% 2021 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 2022 10 2021 64 2022 26 2021 $384.33 2022 $248.09 2021 $1,503,333 2022 $1,109,100 2021 97.59% 2022 99.20% 2021 35.3% 42.0% 52.4% 77.7% 2.09% 10.0% 146.2% 54.9% 35.5% 1.60%
BLUFFTON 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 294 2022 373 2021 22 2022 16 2021 $224.26 2022 $188.91 2021 $426,288 2022 $375,980 2021 98.94% 2022 99.19% 2021 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 10 2022 22 2021 42 2022 89 2021 $297.76 2022 $222.08 2021 $980,360 2022 $643,417 2021 95.50% 2022 97.96% 2021 21.2% 37.5% 18.7% 13.4% 0.26% 16.7% 52.8% 34.1% 52.4% 2.45%
COLLETON 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 15 2022 4 2021 44 2022 35 2021 $411.09 2022 $264.51 2021 $1,853,983 2022 $1,023,000 2021 98.18% 2022 100.54% 2021 HAMPTON HALL Residential Sales | Buffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 11 2022 20 2021 13 2022 20 2021 $293.42 2022 $243.51 2021 $917,727 2022 $780,488 2021 100.29% 2022 99.60% 2021 275.0% 25.7% 55.4% 81.2% 2.36% 45.0% 35.0% 20.5% 17.6% 0.69%
HAMPTON 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 15 2022 32 2021 27 2022 16 2021 $324.87 2022 $285.93 2021 $916,990 2022 $839,813 2021 99.03% 2022 98.18% 2021 53.1% 68.8% 13.6% 9.2% 0.85% HILTON HEAD LAKES Residential Sales | Buffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 5 2022 7 2021 31 2022 98 2021 $171.07 2022 $190.43 2021 $303,597 2022 $396,136 2021 102.02% 2022 98.88% 2021 28.6% 68.4% 10.2% 23.4% 3.14%
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 5 2022 10 2021 24 2022 11 2021 $293.22 2022 $278.79 2021 $1,137,823 2022 $894,011 2021 101.89% 2022 98.70% 2021 PALMETTO BLUFF Residential Sales | Buffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 23 2022 32 2021 28 2022 32 2021 $769.71 2022 $689.50 2021 $2,324,070 2022 $2,606,077 2021 96.87% 2022 93.53% 2021 50.0% 118.2% 5.2% 27.3% 3.18% 28.1% 12.5% 11.6% 10.8% 3.34%
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 10 2022 28 2021 23 2022 26 2021 $274.51 2022 $232.74 2021 $630,800 2022 $685,357 2021 97.56% 2022 97.07% 2021 SPRING 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 3 2022 8 2021 35 2022 55 2021 $450.34 2022 $512.32 2021 $1,341,667 2022 $1,642,500 2021 94.84% 2022 96.13% 2021 64.3% 11.5% 17.9% 8.0% 0.49% 62.5% 36.4% 12.1% 18.3% 1.29%
SUN CITY/RIVERBEND 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 173 2022 153 2021 11 2022 9 2021 $263.15 2022 $215.59 2021 $488,825 2022 $408,754 2021 99.82% 2022 102.29% 2021 LATITUDE MARGARITAVILLE Residential Sales | Buffton and Okatie LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE CUMULATIVE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 116 2022 71 2021 6 2022 11 2021 $228.91 2022 $203 2021 $412,179 2022 $361,531 2021 99.62% 2022 100.22% 2021 13.1% 22.2% 22.1% 19.6% 2.48% 63.4% 45.5% 12.8% 14.0% 1.59%
2022
Section
Market Report
Q3
3: Jasper County
JASPER 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 36 2022 60 2021 33 2022 29 2021 $191.91 2022 $150.65 2021 $385,471 2022 $250,146 2021 95.60% 2022 97.99% 2021 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 5 2022 7 2021 27 2022 5 2021 $184.89 2022 $156.27 2021 $361,350 2022 $287,571 2021 98.10% 2022 99.80% 2021 40.0% 13.8% 27.4% 54.1% 2.38% 28.6% 440.0% 18.3% 25.7% 1.70%
