2021 Annual Market Report | Hilton Head Island and Bluffton

Page 1

2021 ANNUAL

MARKET REPO RT

HILTON HEAD ISLAND AND BLUFFTON


2021 Featured Sold Properties COVER HOME

135 Gascoigne Bluff Road, Palmetto Bluff | Sold at $5,800,000

90 Tidewater Manor, Hilton Head Island | Sold at $6,895,000

22 Refuge Street, Palmetto Bluff | Sold at $4,400,000


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 33 BROAD STREET 843.723.7150

HILTON HEAD ISLAND, SC

23-A SHELTER COVE LANE 843.341.2623

BLUFFTON, SC

49 BOUNDARY STREET 843.836.3900

WWW.DANIELRAVENELSIR.COM aE ch Oce is Independently Owned and Operated.

SAVANNAH, GA

17 W CHARLTON STREET 912.234.3323


2021 Annual Market Report Section 1: Beaufort and Sea Islands


DOWNTOWN BEAUFORT (CITY OF BEAUFORT) Residential Sales | Beaufort and Sea Islands

NUMBER OF SALES

88

96

8.3%

2021

2020

AVERAGE DAYS ON MARKET

44

88

50%

2021

2020

AVERAGE LIST PRICE PER SQFT

$256

$218

17.4%

2021

2020

AVERAGE SALES PRICE

$499,519 2021

$413,591

20.8%

2020

LIST TO SALES PRICE RATIO

95.8% 2021

11.05%

84.75% 2020

BURTON

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

84

63

33.3%

2021

2020

AVERAGE DAYS ON MARKET

22

39

43.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$163

$141

15.6%

2021

2020

AVERAGE SALES PRICE

$240,229 2021

1.5%

$236,795 2020

LIST TO SALES PRICE RATIO

91.55% 2021

5.51%

97.06% 2020


DATAW ISLAND

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

50

52

3.8%

2021

2020

AVERAGE DAYS ON MARKET

173

296

41.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$186

$161

15.5%

2021

2020

AVERAGE SALES PRICE

$411,066 2021

3.7%

$396,518 2020

LIST TO SALES PRICE RATIO

92.18% 2021

2.58%

94.76% 2020

FRIPP ISLAND

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

24

34

29.4%

2021

2020

AVERAGE DAYS ON MARKET

153

173

11.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$367

$280

31.1%

2021

2020

AVERAGE SALES PRICE

$771,021 2021

25.3%

$615,503 2020

LIST TO SALES PRICE RATIO

95.62% 2021

8.89%

86.72% 2020


HARBOR ISLAND

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

15

7

114.3%

2021

2020

AVERAGE DAYS ON MARKET

26

204

87.3%

2021

2020

AVERAGE LIST PRICE PER SQFT

$298

$205

45.4%

2021

2020

AVERAGE SALES PRICE

$414,013 2021

66.2% $249,088 2020

LIST TO SALES PRICE RATIO

81.53% 2021

10.84%

92.37% 2020

LADY’S ISLAND

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

114

88

29.5%

2021

2020

AVERAGE DAYS ON MARKET

40

94

57.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$212

$183

15.8%

2021

2020

AVERAGE SALES PRICE

$469,776 2021

6.8%

$439,897 2020

LIST TO SALES PRICE RATIO

95.54% 2021

1.12%

94.42% 2020


HABERSHAM

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

32

16

100%

2021

2020

AVERAGE DAYS ON MARKET

54

81

33.3%

2021

2020

AVERAGE LIST PRICE PER SQFT

$311

$233

33.5%

2021

2020

AVERAGE SALES PRICE

$595,297 2021

$518,536

14.8%

2020

LIST TO SALES PRICE RATIO

88.76% 2021

12.15%

100.91% 2020

TOWN OF PORT ROYAL

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

52

55

5.5%

2021

2020

AVERAGE DAYS ON MARKET

46

84

45.2%

2021

2020

AVERAGE LIST PRICE PER SQFT

$174

$169

3%

2021

2020

AVERAGE SALES PRICE

$279,820 2021

0.6%

$281,492 2020

LIST TO SALES PRICE RATIO

101.19% 2021

9.6%

91.59% 2020


ST HELENA ISLAND

Residential Sales | Beaufort and Sea Islands NUMBER OF SALES

22

17

29.4%

2021

2020

AVERAGE DAYS ON MARKET

76

223

65.9%

2021

2020

AVERAGE LIST PRICE PER SQFT

$269

$225

19.6%

2021

2020

AVERAGE SALES PRICE

$598,682 2021

20.5%

$497,031 2020

LIST TO SALES PRICE RATIO

90.96% 2021

6.01%

96.97% 2020

A legacy of excellence driven by results.

View Kiawah Island Listings


2021 Annual Market Report Section 2: Hilton Head Island and Daufuskie Island


HILTON HEAD ISLAND (SINGLE FAMILY HOMES) Residential Sales | Hilton Head Island and Daufuskie Island

NUMBER OF SALES

244

222

9.9%

2021

2020

AVERAGE DAYS ON MARKET

38

101

62.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$281

$220

27.7%

2021

2020

AVERAGE SALES PRICE

$646,153 2021

36%

$475,005 2020

LIST TO SALES PRICE RATIO

87.65% 2021

3.81%

83.84% 2020

HILTON HEAD ISLAND (VILLAS AND CONDOS) Residential Sales | Hilton Head Island and Daufuskie Island

NUMBER OF SALES

416

372

11.8%

2021

2020

AVERAGE DAYS ON MARKET

26

53

50.9%

2021

2020

AVERAGE LIST PRICE PER SQFT

$221

$181

22.1%

2021

2020

AVERAGE SALES PRICE

$226,232 2021

18.5%

$190,945 2020

LIST TO SALES PRICE RATIO

94.48% 2021

0.66% 95.14% 2020


FOLLY FIELD

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

189

153

23.5%

2021

2020

AVERAGE DAYS ON MARKET

29

69

58%

2021

2020

AVERAGE LIST PRICE PER SQFT

$442

$337

31.2%

2021

2020

AVERAGE SALES PRICE

$382,803 2021

42.2%

$269,274 2020

LIST TO SALES PRICE RATIO

96.58% 2021

16.78% 79.8% 2020

FOREST BEACH

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

412

324

27.2%

2021

2020

AVERAGE DAYS ON MARKET

47

113

58.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$440

$346

27.2%

2021

2020

AVERAGE SALES PRICE

$620,917 2021

15.5%

$537,810 2020

LIST TO SALES PRICE RATIO

97.41% 2021

.47%

97.89% 2020


HILTON HEAD PLANTATION

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

304

345

11.9%

2021

2020

AVERAGE DAYS ON MARKET

23

54

57.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$304

$224

35.7%

2021

2020

AVERAGE SALES PRICE

$723,462 2021

33.4%

$542,339 2020

LIST TO SALES PRICE RATIO

94.42% 2021

6.88% 87.54% 2020

INDIGO RUN

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

68

72

5.6%

2021

2020

AVERAGE DAYS ON MARKET

23

96

76%

2021

2020

AVERAGE LIST PRICE PER SQFT

$286

$220

30%

2021

2020

AVERAGE SALES PRICE

$856,576 2021

13.7%

$753,087 2020

LIST TO SALES PRICE RATIO

93.07% 2021

2.55%

95.62% 2020


LONG COVE

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

53

46

15.2%

2021

2020

AVERAGE DAYS ON MARKET

29

110

73.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$280

$226

23.9%

2021

2020

AVERAGE SALES PRICE

$1,041,751 2021

38.8%

$750,380 2020

LIST TO SALES PRICE RATIO

87.36% 2021

1.31%

86.06% 2020

MOSS CREEK

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

77

112

31.3%

2021

2020

AVERAGE DAYS ON MARKET

28

92

69.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$238

$186

28%

2021

2020

AVERAGE SALES PRICE

$543,774 2021

25.8%

$432,085 2020

LIST TO SALES PRICE RATIO

96.15% 2021

3.12%

93.03% 2020


PALMETTO DUNES/SHELTER COVE

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

386

389

.8%

2021

2020

AVERAGE DAYS ON MARKET

45

129

65.1%

2021

2020

AVERAGE LIST PRICE PER SQFT

$480

$368

30.4%

2021

2020

AVERAGE SALES PRICE

$947,741 2021

26.8%

$747,217 2020

LIST TO SALES PRICE RATIO

91.87% 2021

2.27%

94.14% 2020

PALMETTO HALL

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

36

64

43.8%

2021

2020

AVERAGE DAYS ON MARKET

27

101

73.3%

2021

2020

AVERAGE LIST PRICE PER SQFT

$254

$196

29.6%

2021

2020

AVERAGE SALES PRICE

$792,719 2021

32.5%

$598,500 2020

LIST TO SALES PRICE RATIO

94.19% 2021

2.48%

91.71% 2020


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

69

90

23.3%

2021

2020

AVERAGE DAYS ON MARKET

39

83

53%

2021

2020

AVERAGE LIST PRICE PER SQFT

$382

331

15.4%

2021

2020

AVERAGE SALES PRICE

$1,079,588 2021

14.5%

$942,470 2020

LIST TO SALES PRICE RATIO

95.06% 2021

7.32%

87.74% 2020


SEA PINES

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

489

544

10.1%

2021

2020

AVERAGE DAYS ON MARKET

43

115

62.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$516

$408

26.5%

2021

2020

AVERAGE SALES PRICE

$1,310,518 2021

28.2%

$1,022,450 2020

LIST TO SALES PRICE RATIO

94.24% 2021

9.10%

85.14% 2020

SHIPYARD

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

127

133

4.5%

2021

2020

AVERAGE DAYS ON MARKET

15

48

68.8%

2021

2020

AVERAGE LIST PRICE PER SQFT

$331

$247

34%

2021

2020

AVERAGE SALES PRICE

$481,393 2021

29.9%

$370,708 2020

LIST TO SALES PRICE RATIO

92.83% 2021

3.15%

95.98% 2020


SPANISH WELLS

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

19

13

46.2%

2021

2020

AVERAGE DAYS ON MARKET

74

150

50.7%

2021

2020

AVERAGE LIST PRICE PER SQFT

$392

$492

20.3%

2021

2020

AVERAGE SALES PRICE

$2,173,158 2021

9.2%

$2,393,058 2020

LIST TO SALES PRICE RATIO

109.72% 2021

WEXFORD

16.68%

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

43

56

23.2%

2021

2020

AVERAGE DAYS ON MARKET

76

158

51.9%

2021

2020

AVERAGE LIST PRICE PER SQFT

$320

$266

20.3%

2021

2020

AVERAGE SALES PRICE

$1,483,150 2021

27.9%

$1,159,409 2020

LIST TO SALES PRICE RATIO

92.87% 2021

9.99%

82.88% 2020

93.05% 2020


WINDMILL HARBOUR

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

51

39

30.8%

2021

2020

AVERAGE DAYS ON MARKET

77

137

43.8%

2021

2020

AVERAGE LIST PRICE PER SQFT

$318

$273

16.5%

2021

2020

AVERAGE SALES PRICE

$1,029,331 2021

43.9%

$715,123 2020

LIST TO SALES PRICE RATIO

98.60% 2021

DAUFUSKIE ISLAND

22.15% 76.45% 2020

Residential Sales | Hilton Head Island and Daufuskie Island NUMBER OF SALES

83

69

20.3%

2021

2020

AVERAGE DAYS ON MARKET

136

195

30.3%

2021

2020

AVERAGE LIST PRICE PER SQFT

$260

$205

26.8%

2021

2020

AVERAGE SALES PRICE

$712,901 2021

32.1%

$539,828 2020

LIST TO SALES PRICE RATIO

89.60% 2021

7.19%

82.42% 2020


2021 Annual Market Report Section 3: Bluffton and Okatie


BELFAIR

Residential Sales | Bluffton and Okatie NUMBER OF SALES

60

69

13%

2021

2020

AVERAGE DAYS ON MARKET

86

154

44.2%

2021

2020

AVERAGE LIST PRICE PER SQFT

$265

$206

28.6%

2021

2020

AVERAGE SALES PRICE

$933,875 2021

28.6%

$726,117 2020

LIST TO SALES PRICE RATIO

89.25% 2021

4.95%

84.30% 2020

BERKELEY HALL

Residential Sales | Bluffton and Okatie NUMBER OF SALES

61

49

24.5%

2021

2020

AVERAGE DAYS ON MARKET

36

184

80.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$246

$193

27.5%

2021

2020

AVERAGE SALES PRICE

$873,443 2021

15.7%

$754,835 2020

LIST TO SALES PRICE RATIO

94.64% 2021

.23%

94.87% 2020


BLUFFTON GENERAL

Residential Sales | Bluffton and Okatie NUMBER OF SALES

1,475

1,358

8.6%

2021

2020

AVERAGE DAYS ON MARKET

23

55

58.2%

2021

2020

AVERAGE LIST PRICE PER SQFT

$192

$157

22.3%

2021

2020

AVERAGE SALES PRICE

$373,283 2021

20.4%

$310,061 2020

LIST TO SALES PRICE RATIO

89.22% 2021

4.24%

93.46% 2020

CALLAWASSIE ISLAND

Residential Sales | Bluffton and Okatie NUMBER OF SALES

73

38

92.1%

2021

2020

AVERAGE DAYS ON MARKET

114

213

46.5%

2021

2020

AVERAGE LIST PRICE PER SQFT

$228

$161

41.6%

2021

2020

AVERAGE SALES PRICE

$537,305 2021

32.2%

$406,574 2020

LIST TO SALES PRICE RATIO

76.86% 2021

10.72%

87.58% 2020


COLLETON RIVER

Residential Sales | Bluffton and Okatie NUMBER OF SALES

43

62

30.6%

2021

2020

AVERAGE DAYS ON MARKET

66

170

61.2%

2021

2020

AVERAGE LIST PRICE PER SQFT

$302

$241

25.3%

2021

2020

AVERAGE SALES PRICE

$1,051,525 2021

6.3%

$1,121,664 2020

LIST TO SALES PRICE RATIO

79.41% 2021

22.58%

101.99% 2020

HAMPTON HALL

Residential Sales | Buffton and Okatie NUMBER OF SALES

102

92

10.9%

2021

2020

AVERAGE DAYS ON MARKET

43

81

46.9%

2021

2020

AVERAGE LIST PRICE PER SQFT

$235

$197

19.3%

2021

2020

AVERAGE SALES PRICE

$707,397 2021

21.6%

$581,863 2020

LIST TO SALES PRICE RATIO

99.93% 2021

6.15%

93.78% 2020


HAMPTON LAKE

Residential Sales | Bluffton and Okatie NUMBER OF SALES

111

125

11.2%

2021

2020

AVERAGE DAYS ON MARKET

49

121

59.5%

2021

2020

AVERAGE LIST PRICE PER SQFT

$279

$229

21.8%

2021

2020

AVERAGE SALES PRICE

$742,786 2021

26.9%

$585,116 2020

LIST TO SALES PRICE RATIO

89.21% 2021

1.66%

90.86% 2020

HILTON HEAD LAKES

Residential Sales | Buffton and Okatie NUMBER OF SALES

31

28

10.7%

2021

2020

AVERAGE DAYS ON MARKET

109

93

17.2%

2021

2020

AVERAGE LIST PRICE PER SQFT

$171

$172

.6%

2021

2020

AVERAGE SALES PRICE

$382,763 2021

23.3%

$310,479 2020

LIST TO SALES PRICE RATIO

115.30% 2021

26.2%

88.68% 2020


OLDFIELD

Residential Sales | Bluffton and Okatie NUMBER OF SALES

57

46

23.9%

2021

2020

AVERAGE DAYS ON MARKET

38

102

62.7%

2021

2020

AVERAGE LIST PRICE PER SQFT

$284

$233

21.9%

2021

2020

AVERAGE SALES PRICE

$891,790 2021

20%

$743,118 2020

LIST TO SALES PRICE RATIO

96.72% 2021

8.92%

87.80% 2020

PALMETTO BLUFF

Residential Sales | Buffton and Okatie NUMBER OF SALES

112

102

9.8%

2021

2020

AVERAGE DAYS ON MARKET

29

116

75%

2021

2020

AVERAGE LIST PRICE PER SQFT

$651

$492

32.3%

2021

2020

AVERAGE SALES PRICE

$2,197,361 2021

42.8%

$1,538,498 2020

LIST TO SALES PRICE RATIO

90.58% 2021

.83%

91.41% 2020


ROSE HILL

Residential Sales | Bluffton and Okatie NUMBER OF SALES

93

74

25.7%

2021

2020

AVERAGE DAYS ON MARKET

39

137

71.5%

2021

2020

AVERAGE LIST PRICE PER SQFT

$224

$183

22.4%

2021

2020

AVERAGE SALES PRICE

$658,635 2021

30.3%

$517,495 2020

LIST TO SALES PRICE RATIO

97.43% 2021

27.3%

99.74% 2020

SPRING ISLAND

Residential Sales | Bluffton and Okatie NUMBER OF SALES

20

10

100%

2021

2020

AVERAGE DAYS ON MARKET

144

95

51.6%

2021

2020

AVERAGE LIST PRICE PER SQFT

$620

$488

27%

2021

2020

AVERAGE SALES PRICE

$2,011,425 2021

57.9%

$1,273,775 2020

LIST TO SALES PRICE RATIO

94.94% 2021

38.2%

56.74% 2020


SUN CITY/RIVERBEND

Residential Sales | Bluffton and Okatie NUMBER OF SALES

776

691

12.3%

2021

2020

AVERAGE DAYS ON MARKET

21

53

60.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$212

$176

20.5%

2021

2020

AVERAGE SALES PRICE

$394,469 2021

18.8%

$331,918 2020

LIST TO SALES PRICE RATIO

96.29% 2021

.91%

97.20% 2020

LATITUDE MARGARITAVILLE Residential Sales | Buffton and Okatie

NUMBER OF SALES

332

240

38.3%

2021

2020

AVERAGE DAYS ON MARKET

10

32

68.8%

2021

2020

AVERAGE LIST PRICE PER SQFT

$215

$195

10.3%

2021

2020

AVERAGE SALES PRICE

$354,887 2021

5.1%

$373,763 2020

LIST TO SALES PRICE RATIO

92.67% 2021

16.14%

108.8% 2020


2021 Annual Market Report Section 4: Jasper County


JASPER COUNTY

Residential Sales | Jasper County NUMBER OF SALES

234

210

11.4%

2021

2020

AVERAGE DAYS ON MARKET

43

67

35.8%

2021

2020

AVERAGE LIST PRICE PER SQFT

$164

$131

25.2%

2021

2020

AVERAGE SALES PRICE

$292,184 2021

24.9%

$233,930 2020

LIST TO SALES PRICE RATIO

95.53% 2021

6.29%

89.24% 2020

HARDEEVILLE

Residential Sales | Jasper County NUMBER OF SALES

31

46

32.6%

2021

2020

AVERAGE DAYS ON MARKET

44

86

48.4%

2021

2020

AVERAGE LIST PRICE PER SQFT

$158

$132

19.7%

2021

2020

AVERAGE SALES PRICE

$295,478 2021

18.6%

$249,054 2020

LIST TO SALES PRICE RATIO

97.69% 2021

5.25%

92.44% 2020


Life Without Compromise Colleton River Club is a place that both soothes and excites the soul. Lowcountry marshes and moss-draped Live Oaks make for ultimate privacy paired with an incredibly vibrant social, golf and sporting life. Our members don’t make compromises. They make memories.


Come build your dream with us at Colleton River Club SALES GALLERY ADDRESS 60 COLLETON RIVER DRIVE, BLUFFTON, SC 29910 843.836.4466 | COLLETONRIVERCLUB.COM SCAN HERE TO LEARN MORE

Developer Services and Sales by Daniel Ravenel Sotheby’s International Realty. Residence shown above is for reference only, not an actual representation of available home. Each Office is Independently Owned and Operated. 33 Broad Street, Charleston, South Carolina 29401.


Nothing Compares.

49 BOUNDARY STREET, BLUFFTON, SC | 23-A SHELTER COVE LANE, HILTON HEAD ISLAND, SC DANIELRAVENELSIR.COM achE Oce is Indeptly Owned and ed.atOpr Based on information from the Charleston Trident MLS for the period 1/1/21-12/31/21. © MMXVI Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks licensed to Sotheby’s International Realty Affiliates LLC. All rights reserved. This material may not be reproduced, displayed, modified or distributed without the express prior written consent of the copyright holder.


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Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.