THE STATE
Our Portfolio of Fine Colleton River Homes This chateau-inspired mansion, with a private deep-water dock, commands a breathtaking Colleton River view. Regally nestled on 10 sprawling acres near Hilton Head Island, this spectacular property is one of the finest residences in South Carolina. The master suite is a luxury-world unto itself with ornate fireplaces as well as sitting and dressing rooms. The living room is encased in 1830’s paneling from Paris while a soaring carved mantle crowns the opulent 21-seat dining room. Epicures will marvel at the professional kitchen - a true wonder. These highlights are mere whispers of many more exquisite rooms. A charming guest cottage, pool, spa, and tranquil waterfall are discreetly located ensuring ultimate privacy. This singular property must be experienced in person to be appreciated. 28 Seven Oaks Drive, Colleton River
July 2018
KEY METRICS
4 Spring Hill Court, Colleton River
10
$719,500
93.39%
246
Total Sales
Median Price
Sale to List Price
Median Days on Market
9 Magnolia Blossom Drive, Colleton River
3 Bedrooms | 3.5 Bathrooms | 3,720 Htd. SqFt | $749,000
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
S
S
O
O
L
L
D
D
4 Bedrooms | 4.5 Bathrooms | 5,543 Htd. SqFt | $860,000
First Six Months of 2018 in Review
In Colleton River, 10 homes closed in the first six months of 2018, compared to 16 homes which closed during the same period in 2017. So far in 2018, the total dollar volume was $7,899,000, down compared to $12,805,904 during the same period last year. Supply and demand: as of July 3rd, 2018, there are 33 Colleton River homes listed for sale with an average of 1.67 homes selling per month over the last six months. That translates into a 19.76-month supply, considered by industry experts to be a very good buyer’s market. There are six homes under contract in Colleton River. In addition, there are currently 32 lots for sale in Colleton River. Six have sold in the last six months and three are under contract.
C
O UN N D T E R R A C T
6 Bedrooms | 6 Full & 7 Half Bathrooms | 20,100 Htd. SqFt | $9,000,000
of the Colleton River Real Estate Market
725 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales YTD Through June 30 for Each Year
41 Colleton River Drive, Colleton River
4 Bedrooms | 4 Bathrooms | 3,800 Htd. SqFt | $700,000
COMMUNITY SPECIALIST
12 Ballybunion Way, Colleton River
4 Bedrooms | 5 Full & 2 Half Bathrooms | 6,500 Htd. SqFt | $1,115,000
The Linda Rudd Team is your Colleton River Specialist. We’ve brought buyers to, and sold, over 35 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
Year
Number of Homes Sold
Median Price
2013
737
$225,000
2014
683
$246,000
2015
800
$258,000
2016
954
$275,000
2017
1,017
$289,000
2018
1,140
$300,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first half of the year, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, first half home sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 571 sales. As you can see in the chart to the left, in first half of 2018 1,140 homes were sold, doubling the pre-recession peak. As the demand for Greater Bluffton continues to outpace supply, the median price has risen 3.8% from last year and is at an all-time high. With increasing demand 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 July 5, 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.
Colleton River Home Listings STATUS
ADDRESS
VIEW
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 Active Active Active Pending Pending Pending Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
28 Seven Oaks Drive 91 Inverness Drive 5 High Ponds Lane 56 Magnolia Blossom Drive 121 Inverness Drive 87 Oak Tree Road 165 Inverness Drive 21 Mulberry Road 26 Hampton Lane 12 Turnberry Way 7 Laurel Hill Court 14 Wedgewood Circle 30 Middleton Gardens Place 37 Inverness Drive 50 Oak Tree Road 26 Inverness Drive 53 Hawthorne Road 15 Hanover Way 12 Bayley Road 4 Mansfield Circle 16 Spring Hill Court 5 Laurel Hill Court 4 Laurel Hill Court 9 Stoney Park Lane 6 Whitehall Drive 4 Spring Hill Court 26 Middleton Gardens Place 44 Colleton River Drive 9 Hanover Way 55 Colleton River Drive 19 Hawthorne Road 3 Hawthorne Road 15 Ashley Hall Drive 29 Mulberry Road 4 Middleton Gardens Place 6 Somerset Point 24 Ballybunion Way 75 Inverness Drive 9 Magnolia Blossom Drive 17 Middleton Gardens Place 12 Ballybunion Way 12 Lawsons Pond Court 54 Hawthorne Road 50 Hawthorne Road 41 Colleton River Drive 8 Ballybunion Way 23 Hampton Lane 7 Millbrook Court 4 Fairfield Court
Deep Water, River Deep Water Deep Water Deep Water, River Deep Water, River Deep Water, Marsh Deep Water, Ocean Marsh, Sound Marsh Marsh, River Golf, Marsh Marsh Deep Water, Marsh Lake Lake Golf Deep Water, Marsh Golf, Marsh Lagoon Golf, Lagoon Deep Water, Golf Golf, Marsh Golf, Landscape Marsh Golf, Lagoon Golf, Lagoon Golf, Marsh Golf Marsh Golf, Lagoon Golf, Lagoon Golf, Wooded Golf, Lagoon Marsh, River Golf, Marsh Golf, Marsh Golf, Lagoon Lake Golf Marsh, River Golf Golf Golf, Lagoon Lagoon Marsh, River Golf Golf, Lagoon Golf Lagoon, Landscape
20 Tips for Preparing Your House for Sale
TOTAL APPROX. YEAR FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT 6 13 7 20,100 2004 $9,000,000 --4 5 1 7,003 2009 $3,295,000 --5 6 2 7,944 1997 $2,900,000 --5 6 1 5,367 1996 $2,795,000 --5 7 1 6,666 2007 $2,499,000 --4 6 2 6,628 2000 $2,495,000 --4 6 1 5,436 2011 $2,099,000 --4 6 2 5,500 2012 $1,899,000 --5 6 1 6,013 2007 $1,499,000 --5 6 1 6,175 1999 $1,495,000 --5 6 2 5,161 1995 $1,490,000 --4 5 1 4,443 1999 $1,400,000 --4 6 1 4,903 1996 $1,399,000 --3 5 2 3,571 2004 $1,375,000 --4 5 1 3,987 2016 $1,295,000 --3 4 1 4,250 2018 $1,259,000 --5 5 1 5,904 2003 $1,249,000 --4 5 1 5,064 2008 $1,199,000 --6 7 1 5,580 2002 $1,199,000 --4 5 1 5,048 2005 $1,069,000 --5 6 1 4,569 1994 $1,049,000 --4 4 0 4,088 1995 $899,900 --4 4 1 3,409 2016 $895,000 --4 6 1 3,898 2000 $885,000 --4 5 1 4,000 2012 $875,000 --4 5 1 5,543 1995 $860,000 --4 5 1 4,250 1999 $849,000 --4 4 0 3,354 2000 $795,000 --4 4 0 3,252 1993 $729,000 --4 5 1 3,242 1994 $699,000 --4 5 1 4,278 2008 $699,000 --4 5 1 3,963 2004 $679,900 --3 4 1 3,898 1997 $585,000 --4 5 1 5,075 2006 $1,499,999 --4 5 1 5,218 2017 $1,425,000 --4 5 1 3,900 2016 $1,300,000 --5 6 2 5,820 2005 $1,100,000 --4 5 1 4,120 2004 $849,000 --3 4 1 3,720 1999 $749,000 --4 5 1 5,392 2002 $1,315,000 $1,315,000 4 7 2 6,500 2002 $1,199,500 $1,115,000 4 5 1 4,100 2015 $1,199,000 $1,125,000 5 6 1 3,700 2013 $799,000 $775,000 4 5 1 4,406 2000 $739,000 $739,000 4 4 0 3,800 1998 $725,000 $700,000 4 5 1 4,300 2006 $699,900 $640,000 3 4 1 3,732 1994 $575,000 $530,000 4 5 1 3,237 2016 $549,900 $500,000 4 4 1 4,719 2000 $529,000 $460,000
™
Giving You The EDGE Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home
Source: Keeping Current Matters, July 2018
When listing your house for sale, your top goal will be to get the house sold for the best price possible! There are many small projects you can do to ensure this happens!
KEY TRENDS
Give your entry a face lift with either a new coat of paint or a new front door.
Clean everything! Clean homes allow buyers to picture themselves in the space.
Don’t forget to landscape your yard! A well-groomed yard shows buyers that the home was taken care of.
Give every room a purpose - even if you used it as a bonus room, giving it an identity will help buyers.
Make sure all exterior lights work and replace all outdoor light bulbs.
Let light in! Bright rooms feel warm and inviting; dark rooms feel small and gloomy.
Wash all windows (inside and out) to ensure that dirt doesn’t take away from the view. Clean out your garage! Consider getting a storage unit to store non-essential items.
Fix anything that is broken! Buyers will notice and may offer less for your house if repairs are required. De-clutter! Thinning out closets and pantries will highlight space availability.
Add a pop of color by planting flowers that work with your area’s climate.
Replace light bulbs with new ones and make sure all switches are working.
Remove any lawn ornaments that you will bring with you to your new home.
Empty trash bins and hide dirty laundry before your home is shown.
Replace a worn out welcome mat to welcome buyers as they tour the home.
Organize the kitchen! Store non-essential, small appliances and clean all surfaces.
Paint or replace the street numbers on the house to increase their visibility.
Make sure all doors open and close smoothly. Be sure to fix squeaking doors!
Power wash outdoor surfaces to give them a ‘like new’ feel (ex: siding, driveway, sidewalks, etc.)
Fresh paint & new carpet are the top 2 things you can do to sell your home faster and for more money.
Percent Growth in Median Property Values Across the U.S. [2005-2017] Source: Keeping Current Matters, July 2018 WA 49%
VT (34%) ND 111%
MT 71% OR 55%
ID 55%
NV -5% CA 9%
UT 66%
AZ 21%
MN 14%
WI 21%
SD 67%
WY 58%
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. • Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month
10 tips to make your house feel like home to buyers
10 tips to improve your house’s curb appeal
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between January 1, 2018 and June 30, 2018
KEY TRENDS
IA 40%
NE 41% CO 54%
OK 54%
NM 38%
MI 8%
26%
KY 38% 50%
TX 63%
WV 45%
VA 33%
CT (4%) NJ (2%) DE (23%) MD (15%) DC (58%)
NC 39%
TN
SC 44%
AR 49% MS 43%
NH (11%) MA (10%) RI (-4%)
PA 40% OH 16%
IN
IL 7%
MO 31%
KS 41%
NY 23%
ME 29%
AL 45%
GA 21%
LA 60% FL 14%
AK 38%
< 0.0%
• A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world
0.0% to 24%
• White-glove professionalism and local market expertise of your dedicated Advisor
25% to 49%
Let us provide the EDGE you need to sell your home. Contact the Linda Rudd Team for a complimentary, no-obligation home valuation.
50% to 75% HI 41%
> 75%
Colleton River Home Listings STATUS
ADDRESS
VIEW
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 Active Active Active Pending Pending Pending Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
28 Seven Oaks Drive 91 Inverness Drive 5 High Ponds Lane 56 Magnolia Blossom Drive 121 Inverness Drive 87 Oak Tree Road 165 Inverness Drive 21 Mulberry Road 26 Hampton Lane 12 Turnberry Way 7 Laurel Hill Court 14 Wedgewood Circle 30 Middleton Gardens Place 37 Inverness Drive 50 Oak Tree Road 26 Inverness Drive 53 Hawthorne Road 15 Hanover Way 12 Bayley Road 4 Mansfield Circle 16 Spring Hill Court 5 Laurel Hill Court 4 Laurel Hill Court 9 Stoney Park Lane 6 Whitehall Drive 4 Spring Hill Court 26 Middleton Gardens Place 44 Colleton River Drive 9 Hanover Way 55 Colleton River Drive 19 Hawthorne Road 3 Hawthorne Road 15 Ashley Hall Drive 29 Mulberry Road 4 Middleton Gardens Place 6 Somerset Point 24 Ballybunion Way 75 Inverness Drive 9 Magnolia Blossom Drive 17 Middleton Gardens Place 12 Ballybunion Way 12 Lawsons Pond Court 54 Hawthorne Road 50 Hawthorne Road 41 Colleton River Drive 8 Ballybunion Way 23 Hampton Lane 7 Millbrook Court 4 Fairfield Court
Deep Water, River Deep Water Deep Water Deep Water, River Deep Water, River Deep Water, Marsh Deep Water, Ocean Marsh, Sound Marsh Marsh, River Golf, Marsh Marsh Deep Water, Marsh Lake Lake Golf Deep Water, Marsh Golf, Marsh Lagoon Golf, Lagoon Deep Water, Golf Golf, Marsh Golf, Landscape Marsh Golf, Lagoon Golf, Lagoon Golf, Marsh Golf Marsh Golf, Lagoon Golf, Lagoon Golf, Wooded Golf, Lagoon Marsh, River Golf, Marsh Golf, Marsh Golf, Lagoon Lake Golf Marsh, River Golf Golf Golf, Lagoon Lagoon Marsh, River Golf Golf, Lagoon Golf Lagoon, Landscape
20 Tips for Preparing Your House for Sale
TOTAL APPROX. YEAR FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT 6 13 7 20,100 2004 $9,000,000 --4 5 1 7,003 2009 $3,295,000 --5 6 2 7,944 1997 $2,900,000 --5 6 1 5,367 1996 $2,795,000 --5 7 1 6,666 2007 $2,499,000 --4 6 2 6,628 2000 $2,495,000 --4 6 1 5,436 2011 $2,099,000 --4 6 2 5,500 2012 $1,899,000 --5 6 1 6,013 2007 $1,499,000 --5 6 1 6,175 1999 $1,495,000 --5 6 2 5,161 1995 $1,490,000 --4 5 1 4,443 1999 $1,400,000 --4 6 1 4,903 1996 $1,399,000 --3 5 2 3,571 2004 $1,375,000 --4 5 1 3,987 2016 $1,295,000 --3 4 1 4,250 2018 $1,259,000 --5 5 1 5,904 2003 $1,249,000 --4 5 1 5,064 2008 $1,199,000 --6 7 1 5,580 2002 $1,199,000 --4 5 1 5,048 2005 $1,069,000 --5 6 1 4,569 1994 $1,049,000 --4 4 0 4,088 1995 $899,900 --4 4 1 3,409 2016 $895,000 --4 6 1 3,898 2000 $885,000 --4 5 1 4,000 2012 $875,000 --4 5 1 5,543 1995 $860,000 --4 5 1 4,250 1999 $849,000 --4 4 0 3,354 2000 $795,000 --4 4 0 3,252 1993 $729,000 --4 5 1 3,242 1994 $699,000 --4 5 1 4,278 2008 $699,000 --4 5 1 3,963 2004 $679,900 --3 4 1 3,898 1997 $585,000 --4 5 1 5,075 2006 $1,499,999 --4 5 1 5,218 2017 $1,425,000 --4 5 1 3,900 2016 $1,300,000 --5 6 2 5,820 2005 $1,100,000 --4 5 1 4,120 2004 $849,000 --3 4 1 3,720 1999 $749,000 --4 5 1 5,392 2002 $1,315,000 $1,315,000 4 7 2 6,500 2002 $1,199,500 $1,115,000 4 5 1 4,100 2015 $1,199,000 $1,125,000 5 6 1 3,700 2013 $799,000 $775,000 4 5 1 4,406 2000 $739,000 $739,000 4 4 0 3,800 1998 $725,000 $700,000 4 5 1 4,300 2006 $699,900 $640,000 3 4 1 3,732 1994 $575,000 $530,000 4 5 1 3,237 2016 $549,900 $500,000 4 4 1 4,719 2000 $529,000 $460,000
™
Giving You The EDGE Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home
Source: Keeping Current Matters, July 2018
When listing your house for sale, your top goal will be to get the house sold for the best price possible! There are many small projects you can do to ensure this happens!
KEY TRENDS
Give your entry a face lift with either a new coat of paint or a new front door.
Clean everything! Clean homes allow buyers to picture themselves in the space.
Don’t forget to landscape your yard! A well-groomed yard shows buyers that the home was taken care of.
Give every room a purpose - even if you used it as a bonus room, giving it an identity will help buyers.
Make sure all exterior lights work and replace all outdoor light bulbs.
Let light in! Bright rooms feel warm and inviting; dark rooms feel small and gloomy.
Wash all windows (inside and out) to ensure that dirt doesn’t take away from the view. Clean out your garage! Consider getting a storage unit to store non-essential items.
Fix anything that is broken! Buyers will notice and may offer less for your house if repairs are required. De-clutter! Thinning out closets and pantries will highlight space availability.
Add a pop of color by planting flowers that work with your area’s climate.
Replace light bulbs with new ones and make sure all switches are working.
Remove any lawn ornaments that you will bring with you to your new home.
Empty trash bins and hide dirty laundry before your home is shown.
Replace a worn out welcome mat to welcome buyers as they tour the home.
Organize the kitchen! Store non-essential, small appliances and clean all surfaces.
Paint or replace the street numbers on the house to increase their visibility.
Make sure all doors open and close smoothly. Be sure to fix squeaking doors!
Power wash outdoor surfaces to give them a ‘like new’ feel (ex: siding, driveway, sidewalks, etc.)
Fresh paint & new carpet are the top 2 things you can do to sell your home faster and for more money.
Percent Growth in Median Property Values Across the U.S. [2005-2017] Source: Keeping Current Matters, July 2018 WA 49%
VT (34%) ND 111%
MT 71% OR 55%
ID 55%
NV -5% CA 9%
UT 66%
AZ 21%
MN 14%
WI 21%
SD 67%
WY 58%
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. • Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month
10 tips to make your house feel like home to buyers
10 tips to improve your house’s curb appeal
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between January 1, 2018 and June 30, 2018
KEY TRENDS
IA 40%
NE 41% CO 54%
OK 54%
NM 38%
MI 8%
26%
KY 38% 50%
TX 63%
WV 45%
VA 33%
CT (4%) NJ (2%) DE (23%) MD (15%) DC (58%)
NC 39%
TN
SC 44%
AR 49% MS 43%
NH (11%) MA (10%) RI (-4%)
PA 40% OH 16%
IN
IL 7%
MO 31%
KS 41%
NY 23%
ME 29%
AL 45%
GA 21%
LA 60% FL 14%
AK 38%
< 0.0%
• A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world
0.0% to 24%
• White-glove professionalism and local market expertise of your dedicated Advisor
25% to 49%
Let us provide the EDGE you need to sell your home. Contact the Linda Rudd Team for a complimentary, no-obligation home valuation.
50% to 75% HI 41%
> 75%
THE STATE
Our Portfolio of Fine Colleton River Homes This chateau-inspired mansion, with a private deep-water dock, commands a breathtaking Colleton River view. Regally nestled on 10 sprawling acres near Hilton Head Island, this spectacular property is one of the finest residences in South Carolina. The master suite is a luxury-world unto itself with ornate fireplaces as well as sitting and dressing rooms. The living room is encased in 1830’s paneling from Paris while a soaring carved mantle crowns the opulent 21-seat dining room. Epicures will marvel at the professional kitchen - a true wonder. These highlights are mere whispers of many more exquisite rooms. A charming guest cottage, pool, spa, and tranquil waterfall are discreetly located ensuring ultimate privacy. This singular property must be experienced in person to be appreciated. 28 Seven Oaks Drive, Colleton River
July 2018
KEY METRICS
4 Spring Hill Court, Colleton River
10
$719,500
93.39%
246
Total Sales
Median Price
Sale to List Price
Median Days on Market
9 Magnolia Blossom Drive, Colleton River
3 Bedrooms | 3.5 Bathrooms | 3,720 Htd. SqFt | $749,000
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
S
S
O
O
L
L
D
D
4 Bedrooms | 4.5 Bathrooms | 5,543 Htd. SqFt | $860,000
First Six Months of 2018 in Review
In Colleton River, 10 homes closed in the first six months of 2018, compared to 16 homes which closed during the same period in 2017. So far in 2018, the total dollar volume was $7,899,000, down compared to $12,805,904 during the same period last year. Supply and demand: as of July 3rd, 2018, there are 33 Colleton River homes listed for sale with an average of 1.67 homes selling per month over the last six months. That translates into a 19.76-month supply, considered by industry experts to be a very good buyer’s market. There are six homes under contract in Colleton River. In addition, there are currently 32 lots for sale in Colleton River. Six have sold in the last six months and three are under contract.
C
O UN N D T E R R A C T
6 Bedrooms | 6 Full & 7 Half Bathrooms | 20,100 Htd. SqFt | $9,000,000
of the Colleton River Real Estate Market
725 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales YTD Through June 30 for Each Year
41 Colleton River Drive, Colleton River
4 Bedrooms | 4 Bathrooms | 3,800 Htd. SqFt | $700,000
COMMUNITY SPECIALIST
12 Ballybunion Way, Colleton River
4 Bedrooms | 5 Full & 2 Half Bathrooms | 6,500 Htd. SqFt | $1,115,000
The Linda Rudd Team is your Colleton River Specialist. We’ve brought buyers to, and sold, over 35 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
Year
Number of Homes Sold
Median Price
2013
737
$225,000
2014
683
$246,000
2015
800
$258,000
2016
954
$275,000
2017
1,017
$289,000
2018
1,140
$300,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first half of the year, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, first half home sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 571 sales. As you can see in the chart to the left, in first half of 2018 1,140 homes were sold, doubling the pre-recession peak. As the demand for Greater Bluffton continues to outpace supply, the median price has risen 3.8% from last year and is at an all-time high. With increasing demand 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 July 5, 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.