THE STATE
Our Portfolio of Fine Properties in Belfair
of the Belfair Real Estate Market October 2018
KEY METRICS
First Nine Months of 2018 in Review
In Belfair, 38 homes closed in the first nine months of 2018, compared to 24 homes which closed during the same period in 2017. So far in 2018, the total dollar volume was $21,916,934, up compared to $16,077,000 during the same period last year. Supply and demand: as of October 1st, 2018, there are 30 Belfair homes listed for sale with an average of 4.2 homes selling per month over the last nine months. That translates into a 7.1-month supply, considered by industry experts to be a buyer’s market. There are three homes under contract in Belfair and there are currently 37 lots for sale. Five lot have sold in the last nine months and two are under contract.
38
$547,000
96.6%
217
Total Sales
Median Price
Sale to List Price
Median Days on Market
S
O
L
D
Unique appealing architectural design. Quality workmanship is evident as you first drive onto the dramatic circular drive. Upon entry, you are far from disappointed. Kudos to the architect who outdid himself creating a stunning welcoming home. Flawlessly designed proportions throughout are enhanced by exceptional wood floors, beautiful cabinetry and custom ceiling treatments. An open floor plan in the kitchen to family room affords a functional comfortable lifestyle, partnered with entertaining ease in the dining and living rooms. The crowning feature: the “wow” golf-to-lake vista! Quite a home! 237 Belfair Oaks Boulevard, Belfair 5 Bedrooms | 5.5 Bathrooms | 6,200 Htd. SqFt | $1,190,000
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
706 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales Welcome to the new homeowners of this fabulous 5 bedroom 5.5 bathroom home, with the million dollar views! 92 Cumberland Drive, Belfair 5 Bedrooms | 5.5 Bathrooms | 5,300 Htd. SqFt | $670,000
COMMUNITY SPECIALIST
The Linda Rudd Team is your Belfair Specialist. We’ve brought buyers to, and sold, 219 properties in the community. Please contact us if you’d like a no-obligation home valuation.
PRSRT STD US POSTAGE PAID Permit 73
Linda Rudd, Real Estate Advisor, Team Leader Telephone: 843-816-5522 • linda.rudd@evusa.com
Hilton Head Is., SC
Rick Turner Telephone: 843-816-0796 • rick.turner@evusa.com Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton
Website: www.lindaruddteam.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
Local Postal Customer
YTD Through September 30 for Each Year
Year
Number of Homes Sold
Median Price
2013
1,185
$226,000
2014
1,080
$245,000
2015
1,321
$258,000
2016
1,539
$280,000
2017
1,563
$290,000
2018
1,743
$298,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first three quarters, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, the first three quarters sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2005 at 874 sales. As you can see in the chart to the left, in the first three quarters of 2018 1,743 homes were sold, almost doubling the pre-recession peak. As the demand for Greater Bluffton continues to outpace supply, the median price has risen 2.8% from last year to an all-time high. With increasing demand for Greater Bluffton real estate and today’s historically low interest rates, it is an exceptional time to invest in real estate in our area. This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through October 2, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.
Belfair Home Listings STATUS
ADDRESS
Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
346 Bamberg Drive 62 Lady Slipper Island Drive 350 Bamberg Drive 253 Belfair Oaks Boulevard 30 Lady Slipper Island Drive 237 Belfair Oaks Boulevard 282 Belfair Oaks Boulevard 75 Belfair Oaks Boulevard 18 Lady Slipper Island Court 54 Cumberland Drive 19 Lexington Drive 35 Cumberland Drive 19 E Summerton Drive 50 Lady Slipper Island Drive 211 Summerton Drive 277 Belfair Oaks Boulevard 5 Belmeade Drive 13 Oconee Court 6 Lexington Drive 177 Summerton Drive 217 Summerton Drive 295 Bamberg Drive 130 Belfair Oaks Boulevard 143 Belfair Oaks Boulevard 161 Belfair Oaks Boulevard 88 Cumberland Drive 18 E Cottage Circle 7 E Summerton Drive 10 W Kershaw Drive 157 Belfair Oaks Boulevard 7 Abbeville Court 23 Newberry Court 276 Bamberg Drive 251 Belfair Oaks Boulevard 52 Richland Drive 47 Cumberland Drive 286 Belfair Oaks Boulevard 26 Lexington Drive 92 Cumberland Drive 12 Lexington Drive 54 Kershaw Drive 79 Belfair Oaks Boulevard 16 Newberry Court 118 Belfair Oaks Boulevard 14 Lexington Drive 158 Summerton Drive 51 Manchester Court 17 E Summerton Court 5 W Kershaw Drive 145 Summerton Drive 35 Newberry Court
TOTAL APPROX. YEAR VIEW FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT Deep Water, Marsh 6 8 1 9,055 2001 $2,250,000 --Deep Water, Golf 4 5 0 4,864 2004 $1,795,000 --Marsh, River 4 7 3 7,711 2006 $1,749,000 --Golf, Lake 4 5 1 6,250 2007 $1,499,850 --Deep Water, Marsh 4 5 1 5,014 2009 $1,295,000 --Golf 5 6 1 6,200 2004 $1,190,000 --Golf 5 6 2 4,980 2014 $949,000 --Golf, Lagoon 4 5 1 5,000 2001 $899,000 --Marsh, River 4 5 1 3,428 2006 $885,000 --Golf, Wooded 4 5 1 5,200 2007 $819,000 --Golf, Lagoon 4 5 1 4,647 2000 $795,000 --Landscape, Wooded 4 4 0 4,340 2000 $745,000 --Golf, Lagoon 3 4 0 3,259 2018 $729,900 --Marsh, River 5 6 1 4,279 2007 $729,900 --Lake 4 5 1 3,510 2017 $719,000 --Lake 4 5 1 3,850 2006 $700,000 --Landscape 4 5 1 3,152 2015 $699,000 --Golf 3 4 2 3,612 2016 $698,000 --Golf, Lagoon 4 5 1 4,689 1999 $695,000 --Lagoon 5 5 1 4,368 2001 $695,000 --Lake 4 4 1 3,700 2002 $659,000 --Golf, Lagoon 4 5 1 5,058 2002 $649,000 --Golf 4 5 1 3,596 2000 $559,000 --Golf, Lake 4 4 0 3,450 1997 $548,000 --Golf 5 4 0 2,335 1999 $529,000 --Golf, Marsh 4 5 1 3,702 1998 $529,000 --Golf, Marsh 5 5 0 2,355 1998 $495,000 --Golf 4 5 1 3,443 2001 $489,000 --Landscape 4 4 0 2,336 1999 $374,900 --Golf, Landscape 4 4 0 2,511 1999 $339,000 --Lake 4 5 1 3,539 2016 $749,000 --Wooded 4 5 1 3,440 2014 $679,500 --Golf 5 6 1 4,015 2000 $575,000 --Golf, Lake 5 5 1 5,100 2017 $1,295,000 $1,295,000 Marsh, River 5 7 1 7,558 2002 $999,000 $990,000 Lagoon, Landscape 4 5 1 5,023 1999 $899,000 $860,000 Golf, River 4 4 1 4,298 2002 $749,000 $680,000 Golf, Lagoon 4 5 1 3,814 1999 $729,000 $713,834 Golf, Marsh 5 6 1 5,300 1999 $699,000 $670,000 $695,000 $675,000 Golf 3 4 1 3,668 2013 Lagoon, Landscape 4 5 1 3,657 2006 $679,000 $660,000 Golf, Lagoon 4 4 0 3,449 1998 $619,000 $619,000 Landscape 4 4 0 3,330 2015 $579,000 $552,000 Golf 3 3 0 3,378 1998 $559,000 $559,000 Golf 4 4 0 3,703 2002 $559,000 $559,000 Landscape 4 5 1 3,000 2017 $549,000 $530,000 Golf 4 3 0 3,075 2003 $499,000 $490,000 Landscape, Wooded 3 3 0 2,537 2006 $439,000 $410,000 Golf, Lake 4 4 0 2,440 1999 $425,000 $425,000 Landscape 3 4 1 3,013 2000 $425,000 $385,000 Landscape, Wooded 4 4 0 2,466 2001 $347,000 $340,000
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between July 1, 2018 and September 30, 2018
Giving You The EDGE™- Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home Global reach with boutique style is what you can expect when working with Engel & Völkers here and around the world - and we’ve sharpened our EDGE. Committed to delivering the highest level of customer service, we provide Extensive Domestic & Global Exposure (EDGE) designed to maximize exposure of your listing to qualified, targeted buyers worldwide with the utmost care and competency.
KEY TRENDS
Average Home Equity Gained Year-Over-Year Source: Keeping Current Matters, October 2018
WA $44K
ND $12K
MT $20K OR $16K
ID $25K
CA $51K
MN $14K
WI $10K
SD WY $3K
NV $31K
ME
VT
UT $28K
AZ $15K
IA $5K
NE $7K CO $22K
OK $2K
PA $6K
$8K
VA $6K
WV KY $8K
$12K
CT ($4K) NJ ($14K) DE ($9K) MD ($9K) DC ($3K)
NC $9K
TN SC $9K
AR $5K MS
TX $9K
RI ($19K)
OH $10K
IN
MO $10K
KS $13K
NM $8K
MI $11K
IL $6K
NH ($10K) MA ($24K)
NY $9K
AL $5K
GA $12K
LA $3K FL $13K
AK $2K
UNITED STATES $16,300
Insufficient Data < $3K $4K to $7K $8K to $14K
HI $33K
> $15K
Did you know that home equity is increasing across the United States by an average of $16,300? This means that more Americans are able to use that equity when they sell their current home to buy their dream home or use it to invest in a vacation property!
KEY TRENDS
Four Reasons to Sell Your Home This Fall Source: Keeping Current Matters, October 2018
#1 - BUYER DEMAND IS STILL STRONG
Buyers are out in force looking for their dream homes! Buyers are often competing with one another for the listings that are available! According to the National Association of Realtors (NAR), the median days on market for a listing was only 29 days last month!
#2 - there is less competition now
Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.
• Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month
#3 - THERE WILL NEVER BE A BETTER TIME TO MOVE UP
• A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world
Prices are projected to appreciate by 5.1% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in both down payment and mortgage payment, if you wait.
• White-glove professionalism and local market expertise of your dedicated Advisor
#4 - IT’S TIME TO MOVE ON WITH YOUR LIFE
Let us provide the EDGE you need to sell your home. Contact the Linda Rudd Team for a complimentary, no-obligation home valuation.
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Perhaps the time has come for you and your family to move on and start living the life you desire!
Belfair Home Listings STATUS
ADDRESS
Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
346 Bamberg Drive 62 Lady Slipper Island Drive 350 Bamberg Drive 253 Belfair Oaks Boulevard 30 Lady Slipper Island Drive 237 Belfair Oaks Boulevard 282 Belfair Oaks Boulevard 75 Belfair Oaks Boulevard 18 Lady Slipper Island Court 54 Cumberland Drive 19 Lexington Drive 35 Cumberland Drive 19 E Summerton Drive 50 Lady Slipper Island Drive 211 Summerton Drive 277 Belfair Oaks Boulevard 5 Belmeade Drive 13 Oconee Court 6 Lexington Drive 177 Summerton Drive 217 Summerton Drive 295 Bamberg Drive 130 Belfair Oaks Boulevard 143 Belfair Oaks Boulevard 161 Belfair Oaks Boulevard 88 Cumberland Drive 18 E Cottage Circle 7 E Summerton Drive 10 W Kershaw Drive 157 Belfair Oaks Boulevard 7 Abbeville Court 23 Newberry Court 276 Bamberg Drive 251 Belfair Oaks Boulevard 52 Richland Drive 47 Cumberland Drive 286 Belfair Oaks Boulevard 26 Lexington Drive 92 Cumberland Drive 12 Lexington Drive 54 Kershaw Drive 79 Belfair Oaks Boulevard 16 Newberry Court 118 Belfair Oaks Boulevard 14 Lexington Drive 158 Summerton Drive 51 Manchester Court 17 E Summerton Court 5 W Kershaw Drive 145 Summerton Drive 35 Newberry Court
TOTAL APPROX. YEAR VIEW FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT Deep Water, Marsh 6 8 1 9,055 2001 $2,250,000 --Deep Water, Golf 4 5 0 4,864 2004 $1,795,000 --Marsh, River 4 7 3 7,711 2006 $1,749,000 --Golf, Lake 4 5 1 6,250 2007 $1,499,850 --Deep Water, Marsh 4 5 1 5,014 2009 $1,295,000 --Golf 5 6 1 6,200 2004 $1,190,000 --Golf 5 6 2 4,980 2014 $949,000 --Golf, Lagoon 4 5 1 5,000 2001 $899,000 --Marsh, River 4 5 1 3,428 2006 $885,000 --Golf, Wooded 4 5 1 5,200 2007 $819,000 --Golf, Lagoon 4 5 1 4,647 2000 $795,000 --Landscape, Wooded 4 4 0 4,340 2000 $745,000 --Golf, Lagoon 3 4 0 3,259 2018 $729,900 --Marsh, River 5 6 1 4,279 2007 $729,900 --Lake 4 5 1 3,510 2017 $719,000 --Lake 4 5 1 3,850 2006 $700,000 --Landscape 4 5 1 3,152 2015 $699,000 --Golf 3 4 2 3,612 2016 $698,000 --Golf, Lagoon 4 5 1 4,689 1999 $695,000 --Lagoon 5 5 1 4,368 2001 $695,000 --Lake 4 4 1 3,700 2002 $659,000 --Golf, Lagoon 4 5 1 5,058 2002 $649,000 --Golf 4 5 1 3,596 2000 $559,000 --Golf, Lake 4 4 0 3,450 1997 $548,000 --Golf 5 4 0 2,335 1999 $529,000 --Golf, Marsh 4 5 1 3,702 1998 $529,000 --Golf, Marsh 5 5 0 2,355 1998 $495,000 --Golf 4 5 1 3,443 2001 $489,000 --Landscape 4 4 0 2,336 1999 $374,900 --Golf, Landscape 4 4 0 2,511 1999 $339,000 --Lake 4 5 1 3,539 2016 $749,000 --Wooded 4 5 1 3,440 2014 $679,500 --Golf 5 6 1 4,015 2000 $575,000 --Golf, Lake 5 5 1 5,100 2017 $1,295,000 $1,295,000 Marsh, River 5 7 1 7,558 2002 $999,000 $990,000 Lagoon, Landscape 4 5 1 5,023 1999 $899,000 $860,000 Golf, River 4 4 1 4,298 2002 $749,000 $680,000 Golf, Lagoon 4 5 1 3,814 1999 $729,000 $713,834 Golf, Marsh 5 6 1 5,300 1999 $699,000 $670,000 $695,000 $675,000 Golf 3 4 1 3,668 2013 Lagoon, Landscape 4 5 1 3,657 2006 $679,000 $660,000 Golf, Lagoon 4 4 0 3,449 1998 $619,000 $619,000 Landscape 4 4 0 3,330 2015 $579,000 $552,000 Golf 3 3 0 3,378 1998 $559,000 $559,000 Golf 4 4 0 3,703 2002 $559,000 $559,000 Landscape 4 5 1 3,000 2017 $549,000 $530,000 Golf 4 3 0 3,075 2003 $499,000 $490,000 Landscape, Wooded 3 3 0 2,537 2006 $439,000 $410,000 Golf, Lake 4 4 0 2,440 1999 $425,000 $425,000 Landscape 3 4 1 3,013 2000 $425,000 $385,000 Landscape, Wooded 4 4 0 2,466 2001 $347,000 $340,000
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between July 1, 2018 and September 30, 2018
Giving You The EDGE™- Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home Global reach with boutique style is what you can expect when working with Engel & Völkers here and around the world - and we’ve sharpened our EDGE. Committed to delivering the highest level of customer service, we provide Extensive Domestic & Global Exposure (EDGE) designed to maximize exposure of your listing to qualified, targeted buyers worldwide with the utmost care and competency.
KEY TRENDS
Average Home Equity Gained Year-Over-Year Source: Keeping Current Matters, October 2018
WA $44K
ND $12K
MT $20K OR $16K
ID $25K
CA $51K
MN $14K
WI $10K
SD WY $3K
NV $31K
ME
VT
UT $28K
AZ $15K
IA $5K
NE $7K CO $22K
OK $2K
PA $6K
$8K
VA $6K
WV KY $8K
$12K
CT ($4K) NJ ($14K) DE ($9K) MD ($9K) DC ($3K)
NC $9K
TN SC $9K
AR $5K MS
TX $9K
RI ($19K)
OH $10K
IN
MO $10K
KS $13K
NM $8K
MI $11K
IL $6K
NH ($10K) MA ($24K)
NY $9K
AL $5K
GA $12K
LA $3K FL $13K
AK $2K
UNITED STATES $16,300
Insufficient Data < $3K $4K to $7K $8K to $14K
HI $33K
> $15K
Did you know that home equity is increasing across the United States by an average of $16,300? This means that more Americans are able to use that equity when they sell their current home to buy their dream home or use it to invest in a vacation property!
KEY TRENDS
Four Reasons to Sell Your Home This Fall Source: Keeping Current Matters, October 2018
#1 - BUYER DEMAND IS STILL STRONG
Buyers are out in force looking for their dream homes! Buyers are often competing with one another for the listings that are available! According to the National Association of Realtors (NAR), the median days on market for a listing was only 29 days last month!
#2 - there is less competition now
Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.
• Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month
#3 - THERE WILL NEVER BE A BETTER TIME TO MOVE UP
• A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world
Prices are projected to appreciate by 5.1% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in both down payment and mortgage payment, if you wait.
• White-glove professionalism and local market expertise of your dedicated Advisor
#4 - IT’S TIME TO MOVE ON WITH YOUR LIFE
Let us provide the EDGE you need to sell your home. Contact the Linda Rudd Team for a complimentary, no-obligation home valuation.
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Perhaps the time has come for you and your family to move on and start living the life you desire!
THE STATE
Our Portfolio of Fine Properties in Belfair
of the Belfair Real Estate Market October 2018
KEY METRICS
First Nine Months of 2018 in Review
In Belfair, 38 homes closed in the first nine months of 2018, compared to 24 homes which closed during the same period in 2017. So far in 2018, the total dollar volume was $21,916,934, up compared to $16,077,000 during the same period last year. Supply and demand: as of October 1st, 2018, there are 30 Belfair homes listed for sale with an average of 4.2 homes selling per month over the last nine months. That translates into a 7.1-month supply, considered by industry experts to be a buyer’s market. There are three homes under contract in Belfair and there are currently 37 lots for sale. Five lot have sold in the last nine months and two are under contract.
38
$547,000
96.6%
217
Total Sales
Median Price
Sale to List Price
Median Days on Market
S
O
L
D
Unique appealing architectural design. Quality workmanship is evident as you first drive onto the dramatic circular drive. Upon entry, you are far from disappointed. Kudos to the architect who outdid himself creating a stunning welcoming home. Flawlessly designed proportions throughout are enhanced by exceptional wood floors, beautiful cabinetry and custom ceiling treatments. An open floor plan in the kitchen to family room affords a functional comfortable lifestyle, partnered with entertaining ease in the dining and living rooms. The crowning feature: the “wow” golf-to-lake vista! Quite a home! 237 Belfair Oaks Boulevard, Belfair 5 Bedrooms | 5.5 Bathrooms | 6,200 Htd. SqFt | $1,190,000
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
706 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales Welcome to the new homeowners of this fabulous 5 bedroom 5.5 bathroom home, with the million dollar views! 92 Cumberland Drive, Belfair 5 Bedrooms | 5.5 Bathrooms | 5,300 Htd. SqFt | $670,000
COMMUNITY SPECIALIST
The Linda Rudd Team is your Belfair Specialist. We’ve brought buyers to, and sold, 219 properties in the community. Please contact us if you’d like a no-obligation home valuation.
PRSRT STD US POSTAGE PAID Permit 73
Linda Rudd, Real Estate Advisor, Team Leader Telephone: 843-816-5522 • linda.rudd@evusa.com
Hilton Head Is., SC
Rick Turner Telephone: 843-816-0796 • rick.turner@evusa.com Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton
Website: www.lindaruddteam.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
Local Postal Customer
YTD Through September 30 for Each Year
Year
Number of Homes Sold
Median Price
2013
1,185
$226,000
2014
1,080
$245,000
2015
1,321
$258,000
2016
1,539
$280,000
2017
1,563
$290,000
2018
1,743
$298,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first three quarters, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, the first three quarters sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2005 at 874 sales. As you can see in the chart to the left, in the first three quarters of 2018 1,743 homes were sold, almost doubling the pre-recession peak. As the demand for Greater Bluffton continues to outpace supply, the median price has risen 2.8% from last year to an all-time high. With increasing demand for Greater Bluffton real estate and today’s historically low interest rates, it is an exceptional time to invest in real estate in our area. This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through October 2, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.