THE STATE
N M E A W R T K O E T
N M E A W R T K O E T
Our Portfolio of Fine Properties in Hampton Lake
of the Hampton Lake Real Estate Market
March 2018
KEY METRICS
Beautiful custom home built by 2017 Hilton Head Builder of the Year, Full Circle Development! It features high-end finishes including: coffered/tray ceilings, travertine floors, granite countertops, stainless steel appliances, and a screened porch with an outdoor kitchen. Located on a private wooded preserve homesite with a fenced yard, this is a great opportunity to purchase in one of Bluffton’s most sought after communities at a fantastic price. 79 Hampton Lake Drive, Hampton Lake
The last 30 days have continued to be active in the community. In February there were two closed sales in Hampton Lake, seven new listings, and five price adjustments. Of the seven new listings, four of those went under contract in less than ten days! We are pleased to announce our newest offerings in the community; 14 Hampton Lake Crossing and 79 Hampton Lake Drive. Something to note on this report: we are removing the KHOV homes in the new phase from the report. It was brought to our attention that the information represented in MLS is not accurate on these properties and was causing confusion. Since we cannot verify every new build’s number of bedrooms, view, and square footage, we are opting to leave off the report until the information can be corrected in the MLS. Please call us with any questions!
4 Bedrooms | 4 Bathrooms | 3,106 Htd. SqFt | $735,000
N M E A W R T K O E T
N M E A W R T K O E T
4 Bedrooms | 3.5 Bathrooms | 3,285 Htd. SqFt | $638,800
This home offers tremendous value for those looking to enjoy lakefront living. It offers wide water views from all living areas, plus a fabulous outdoor screened porch. Leave the pontoon on the private dock in the backyard to enjoy cruising daily. Features include an eat-in-kitchen, large dining area, and luxurious master suite. High-end appliances, a fireplace, an oversized garage, and ample entertaining room complete this home. Priced to sell! 14 Hampton Lake Crossing, Hampton Lake
February 2018 in Review
2
$531,250
96%
119
Total Sales
Median Price
Sale to List Price
Median Days on Market
Greater Bluffton Real Estate Market Overview Least Expensive Lakefront Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for someone that wants a quintessential Southern style home with front porches, detached garage, with your own custom interior touches. If you have always dreamed of building your own cottage with amazing view down the lake, now is the time to take advantage of this pricing. Act now! 17 Blue Trail Court, Hampton Lake Lot | 0.25 Acres | Lake View | $145,000
ACTIVE LISTINGS IN GREATER BLUFFTON
Least Expensive Wooded Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for the buyer that appreciates quintessential Southern architecture with detached garages, front porches, and custom interior touches. Located in the River Ridge School District and May River High School district, Hampton Lake is central to everything Bluffton has to offer. Build your dream home today! 28 Blue Trail Court, Hampton Lake
730 How’s the Bluffton Real Estate Market Doing?
Lot | 0.22 Acres | Wooded View | $75,800
YTD Greater Bluffton Home Sales YTD Through February 28 for Each Year
The Chafer Sutphin Group has recently listed 12 lots in Hampton Lake, with lakefront lots starting at $118,708 and wooded lots starting at $75,800.
COMMUNITY SPECIALIST
The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped 15 clients buy and sell properties in the community. Contact us for a complimentary home valuation and discover how we can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.
Tisha Chafer, Real Estate Advisor Tanner Sutphin, Real Estate Advisor 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
Telephone • 843-384-1645 | 843-384-3006 Email • tisha.chafer@evusa.com tanner.sutphin@evusa.com Website • www.chafersutphingroup.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.
PRSRT STD US POSTAGE PAID Permit 73
CHAFER SUTPHIN GROUP
Hilton Head Is., SC
Year
Number of Homes Sold
Median Price
2013
195
$239,000
2014
178
$240,000
2015
198
$249,000
2016
229
$279,000
2017
237
$298,000
2018
265
$310,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first two months, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, the first two months of homes sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 148 sales. As you can see in the chart to the left in first two months of 2018 though, 265 homes were sold, bettering the pre-recession peak by an extraordinary 79%! As the demand for Greater Bluffton continues to outpace supply, the median price has risen 4% 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 March 7, 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.
CHAFER SUTPHIN GROUP
Hampton Lake Home and Villa 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 Active Active Active Active Active Pending Pending Pending Pending Pending Pending Pending
506 Hampton Lake Drive 503 Hampton Lake Drive 27 Sweet Marsh Court 395 Lake Bluff Drive 206 Castaway Drive W 202 Castaway Drive 165 Hampton Lake Crossing #1408 36 Green Trail Court 402 Lake Bluff Drive 214 Castaway Drive W 210 Castaway Drive W 25 Green Trail Court 235 Hampton Lake Drive 295 Hampton Lake Drive 137 Flatwater Drive 461 Hampton Lake Drive 18 Balsam Bay Court 163 Hampton Lake Crossing #1411 115 Hampton Lake Crossing 79 Hampton Lake Drive 17 Mooring Line Court #1461 225 Hampton Lake Drive 174 Hampton Lake Crossing #1469 21 Waterview Court 11 Driftwood Court W 8 Harborage Court 440 Hampton Lake Drive 31 Mooring Line Court 14 Hampton Lake Crossing 519 Lake Bluff Drive 248 Hampton Lake Drive 69 Hampton Lake Drive 34 Sweet Marsh Court 75 Hampton Lake Drive 24 Palmetto Cove Court 242 Castaway Drive W 181 Hampton Lake Crossing #1402 161 Hampton Lake Crossing #1410 172 Hampton Lake Crossing #1468 133 Flatwater Drive 14 Harborage Court 43 Anchor Cove Court
TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET Wooded 4 2 1 2,120 2017 $389,900 --84 Wooded 3 3 1 2,417 2017 $398,773 --180 Wooded 3 3 0 2,586 2010 $399,000 --105 Wooded 4 3 1 3,234 2017 $479,990 --243 Lake 3 2 1 2,271 2017 $498,860 --125 Lake 3 2 1 2,342 2017 $500,850 --139 Lake 2 2 1 3,082 2008 $519,900 --217 Wooded 3 3 0 2,744 2016 $524,900 --167 Wooded 3 3 0 3,267 2016 $530,000 --153 Lake 3 2 1 2,588 2017 $539,650 --118 Lake 4 3 1 2,710 2017 $540,789 --155 Wooded 3 3 0 2,436 2016 $549,000 --124 Wooded 3 3 0 2,951 2018 $589,000 --81 Wooded 3 3 0 2,951 2017 $599,000 --306 Wooded 3 2 1 2,703 2017 $599,000 --161 Wooded 3 3 0 2,765 2017 $609,000 --140 Wooded 3 2 1 2,721 2018 $610,000 --81 Lake, Wooded 3 3 1 4,191 2008 $624,500 --222 Wooded 3 4 0 2,817 2017 $625,000 --192 Wooded 4 3 1 3,285 2014 $638,800 --14 Lake 3 3 1 4,191 2008 $644,900 --80 Wooded 3 2 1 2,630 2015 $649,900 --4 Lake 3 3 1 4,191 2007 $649,900 --300 Lake 3 3 1 2,602 2013 $654,000 --133 Landscape 4 4 0 3,620 2016 $655,000 --28 Lake 4 4 0 3,109 2008 $675,000 --205 Landscape, Wooded 3 3 1 3,033 2011 $689,900 --343 Lake 4 4 0 2,879 2017 $699,900 --180 Lake 4 4 0 3,106 2008 $735,000 --11 Lake 3 3 1 2,890 2017 $846,127 --123 Lake 4 4 1 2,992 2007 $869,000 --11 Lake 4 3 2 3,550 2007 $885,000 --25 Lake 4 3 1 4,028 2008 $929,000 --27 Pool, Wooded 4 4 2 4,088 2007 $984,900 --188 Lake 4 3 2 3,948 2013 $1,595,000 --265 Lake 3 2 1 2,588 2017 $444,089 --2 Lake 2 2 1 3,082 2007 $498,000 --308 Lake 2 2 1 3,082 2008 $519,900 --183 Lake 2 2 1 3,082 2007 $524,000 --105 Wooded 3 3 1 2,512 2017 $569,000 --8 Lake 3 3 0 3,200 2014 $829,000 --8 Lake 4 4 1 4,048 2012 $884,500 --4 VIEW
STATUS Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
ADDRESS 90 Fording Court 85 Fording Court 9 Fording Court 21 Fording Court 48 Fording Court 311 Hampton Lake Crossing 38 Foxpath Lane 9 Sweet Marsh Court 4 Fording Court 22 Little Pine Court 16 Little Pine Court 14 Green Trail Court 29 Little Pine Court 47 Foxpath Lane 35 Sweet Marsh Court 323 Lake Bluff Drive 21 Driftwood Court W 218 Castaway Drive W 26 Mooring Line Place #1438 15 Mooring Line Court #1460 49 Palmetto Cove Court 470 Hampton Lake Drive 5 Lakewood Court 51 Palmetto Cove Court 111 Hampton Lake Crossing 229 Hampton Lake Drive 19 Hampton Lake Crossing 309 Hampton Lake Drive 33 Waterview Court 21 Hampton Lake Crossing 5 Waterview Court 154 Hampton Lake Drive 50 Waterview Court 136 Flatwater Drive 5 Grassy Cove Court 26 Balsam Bay Court 483 Hampton Lake Drive 15 Anchor Cove Court 152 Hampton Lake Drive 128 Flatwater Drive 144 Flatwater Drive
Definitions for Listings
Four Reasons to Sell Your Home This Spring Source: Keeping Current Matters, March 2018
#1 - BUYER DEMAND WILL REMAIN 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 42 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.
#3 - THERE WILL NEVER BE A BETTER TIME TO MOVE UP Prices are projected to appreciate by 4.3% 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.
#4 - IT’S TIME TO MOVE ON WITH YOUR LIFE 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!
Wooded Wooded Landscape, Wooded Landscape, Wooded Wooded Lagoon, Wooded Landscape Landscape, Wooded Wooded Wooded Wooded Wooded Landscape, Wooded Lake Wooded Lake Landscape Lake Lake Lake Wooded Lake Wooded Wooded Lake Wooded Lake Wooded Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Wooded Lake Lake, Pool Lake Lake
TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET 2 2 0 1,647 2017 $329,990 $327,990 93 3 3 0 2,135 2017 $352,130 $352,130 2 3 3 0 2,331 2016 $359,000 $350,000 346 2 2 0 1,924 2016 $359,000 $345,000 406 3 3 0 2,135 2017 $363,550 $391,686 2 2 2 0 1,540 2011 $394,900 $389,000 94 3 2 0 2,002 2017 $403,990 $399,000 149 3 3 0 2,615 2009 $419,000 $395,000 39 4 3 0 2,968 2007 $440,000 $411,000 179 3 3 0 2,430 2016 $464,990 $445,000 260 3 3 0 2,430 2017 $469,490 $460,000 183 3 3 0 2,670 2015 $479,990 $470,000 83 2 2 1 2,123 2014 $510,000 $510,000 9 3 3 1 3,234 2017 $510,214 $506,243 2 3 2 2 3,774 2008 $524,900 $515,000 325 3 3 1 3,239 2017 $528,425 $528,425 2 3 2 0 2,642 2017 $535,900 $529,500 32 3 2 1 2,550 2017 $537,630 $537,630 39 2 2 1 3,082 2008 $539,000 $520,000 75 2 2 1 3,082 2008 $549,000 $505,000 17 3 3 0 2,721 2017 $569,000 $535,000 160 4 3 0 2,740 2013 $599,000 $550,000 219 3 3 1 2,585 2017 $599,650 $589,360 103 3 4 0 3,175 2017 $622,000 $609,500 122 3 4 0 2,821 2016 $629,900 $629,900 353 4 3 1 3,175 2015 $634,880 $610,000 30 3 3 0 2,765 2017 $649,000 $640,000 293 3 3 0 2,974 2015 $649,900 $635,000 125 3 3 0 2,610 2015 $664,500 $652,000 95 3 3 1 2,888 2017 $679,000 $655,000 284 3 3 0 2,614 2010 $679,990 $670,000 182 3 2 2 2,759 2013 $685,000 $670,000 14 4 3 0 2,853 2017 $685,700 $678,000 119 3 2 1 2,703 2016 $749,000 $745,000 361 3 3 1 2,968 2013 $784,900 $784,900 13 4 4 0 3,881 2016 $829,990 $800,000 57 4 4 0 3,800 2015 $830,000 $830,000 3 4 4 0 3,281 2014 $849,000 $795,000 76 4 3 0 3,267 2007 $875,000 $850,000 422 3 4 0 3,642 2016 $927,440 $850,000 320 3 4 1 3,741 2016 $994,900 $925,000 437
How Much Does Waiting To Buy Your Next Home Cost You?
Active - On the Market Pending - Under Contract Sold - Closed Between September 1, 2017 and February 28, 2018
KEY TRENDS
VIEW
KEY TRENDS
Source: Keeping Current Matters, March 2018
Date Today 2019
Mortgage
Interest Rate*
$500,000 4.0% $521,000 4.9% DIFFERENCE IN MONTHLY PAYMENT $378.01
P&I** $2,387.08 $2,765.09
*Average Commitment Rate Per Freddie Mac. **Principle and Interest Payment
Hampton Lake Home and Villa 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 Active Active Active Active Active Pending Pending Pending Pending Pending Pending Pending
506 Hampton Lake Drive 503 Hampton Lake Drive 27 Sweet Marsh Court 395 Lake Bluff Drive 206 Castaway Drive W 202 Castaway Drive 165 Hampton Lake Crossing #1408 36 Green Trail Court 402 Lake Bluff Drive 214 Castaway Drive W 210 Castaway Drive W 25 Green Trail Court 235 Hampton Lake Drive 295 Hampton Lake Drive 137 Flatwater Drive 461 Hampton Lake Drive 18 Balsam Bay Court 163 Hampton Lake Crossing #1411 115 Hampton Lake Crossing 79 Hampton Lake Drive 17 Mooring Line Court #1461 225 Hampton Lake Drive 174 Hampton Lake Crossing #1469 21 Waterview Court 11 Driftwood Court W 8 Harborage Court 440 Hampton Lake Drive 31 Mooring Line Court 14 Hampton Lake Crossing 519 Lake Bluff Drive 248 Hampton Lake Drive 69 Hampton Lake Drive 34 Sweet Marsh Court 75 Hampton Lake Drive 24 Palmetto Cove Court 242 Castaway Drive W 181 Hampton Lake Crossing #1402 161 Hampton Lake Crossing #1410 172 Hampton Lake Crossing #1468 133 Flatwater Drive 14 Harborage Court 43 Anchor Cove Court
TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET Wooded 4 2 1 2,120 2017 $389,900 --84 Wooded 3 3 1 2,417 2017 $398,773 --180 Wooded 3 3 0 2,586 2010 $399,000 --105 Wooded 4 3 1 3,234 2017 $479,990 --243 Lake 3 2 1 2,271 2017 $498,860 --125 Lake 3 2 1 2,342 2017 $500,850 --139 Lake 2 2 1 3,082 2008 $519,900 --217 Wooded 3 3 0 2,744 2016 $524,900 --167 Wooded 3 3 0 3,267 2016 $530,000 --153 Lake 3 2 1 2,588 2017 $539,650 --118 Lake 4 3 1 2,710 2017 $540,789 --155 Wooded 3 3 0 2,436 2016 $549,000 --124 Wooded 3 3 0 2,951 2018 $589,000 --81 Wooded 3 3 0 2,951 2017 $599,000 --306 Wooded 3 2 1 2,703 2017 $599,000 --161 Wooded 3 3 0 2,765 2017 $609,000 --140 Wooded 3 2 1 2,721 2018 $610,000 --81 Lake, Wooded 3 3 1 4,191 2008 $624,500 --222 Wooded 3 4 0 2,817 2017 $625,000 --192 Wooded 4 3 1 3,285 2014 $638,800 --14 Lake 3 3 1 4,191 2008 $644,900 --80 Wooded 3 2 1 2,630 2015 $649,900 --4 Lake 3 3 1 4,191 2007 $649,900 --300 Lake 3 3 1 2,602 2013 $654,000 --133 Landscape 4 4 0 3,620 2016 $655,000 --28 Lake 4 4 0 3,109 2008 $675,000 --205 Landscape, Wooded 3 3 1 3,033 2011 $689,900 --343 Lake 4 4 0 2,879 2017 $699,900 --180 Lake 4 4 0 3,106 2008 $735,000 --11 Lake 3 3 1 2,890 2017 $846,127 --123 Lake 4 4 1 2,992 2007 $869,000 --11 Lake 4 3 2 3,550 2007 $885,000 --25 Lake 4 3 1 4,028 2008 $929,000 --27 Pool, Wooded 4 4 2 4,088 2007 $984,900 --188 Lake 4 3 2 3,948 2013 $1,595,000 --265 Lake 3 2 1 2,588 2017 $444,089 --2 Lake 2 2 1 3,082 2007 $498,000 --308 Lake 2 2 1 3,082 2008 $519,900 --183 Lake 2 2 1 3,082 2007 $524,000 --105 Wooded 3 3 1 2,512 2017 $569,000 --8 Lake 3 3 0 3,200 2014 $829,000 --8 Lake 4 4 1 4,048 2012 $884,500 --4 VIEW
STATUS Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
ADDRESS 90 Fording Court 85 Fording Court 9 Fording Court 21 Fording Court 48 Fording Court 311 Hampton Lake Crossing 38 Foxpath Lane 9 Sweet Marsh Court 4 Fording Court 22 Little Pine Court 16 Little Pine Court 14 Green Trail Court 29 Little Pine Court 47 Foxpath Lane 35 Sweet Marsh Court 323 Lake Bluff Drive 21 Driftwood Court W 218 Castaway Drive W 26 Mooring Line Place #1438 15 Mooring Line Court #1460 49 Palmetto Cove Court 470 Hampton Lake Drive 5 Lakewood Court 51 Palmetto Cove Court 111 Hampton Lake Crossing 229 Hampton Lake Drive 19 Hampton Lake Crossing 309 Hampton Lake Drive 33 Waterview Court 21 Hampton Lake Crossing 5 Waterview Court 154 Hampton Lake Drive 50 Waterview Court 136 Flatwater Drive 5 Grassy Cove Court 26 Balsam Bay Court 483 Hampton Lake Drive 15 Anchor Cove Court 152 Hampton Lake Drive 128 Flatwater Drive 144 Flatwater Drive
Definitions for Listings
Four Reasons to Sell Your Home This Spring Source: Keeping Current Matters, March 2018
#1 - BUYER DEMAND WILL REMAIN 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 42 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.
#3 - THERE WILL NEVER BE A BETTER TIME TO MOVE UP Prices are projected to appreciate by 4.3% 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.
#4 - IT’S TIME TO MOVE ON WITH YOUR LIFE 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!
Wooded Wooded Landscape, Wooded Landscape, Wooded Wooded Lagoon, Wooded Landscape Landscape, Wooded Wooded Wooded Wooded Wooded Landscape, Wooded Lake Wooded Lake Landscape Lake Lake Lake Wooded Lake Wooded Wooded Lake Wooded Lake Wooded Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Wooded Lake Lake, Pool Lake Lake
TOTAL APPROX. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS SQ. FOOTAGE BUILT MARKET 2 2 0 1,647 2017 $329,990 $327,990 93 3 3 0 2,135 2017 $352,130 $352,130 2 3 3 0 2,331 2016 $359,000 $350,000 346 2 2 0 1,924 2016 $359,000 $345,000 406 3 3 0 2,135 2017 $363,550 $391,686 2 2 2 0 1,540 2011 $394,900 $389,000 94 3 2 0 2,002 2017 $403,990 $399,000 149 3 3 0 2,615 2009 $419,000 $395,000 39 4 3 0 2,968 2007 $440,000 $411,000 179 3 3 0 2,430 2016 $464,990 $445,000 260 3 3 0 2,430 2017 $469,490 $460,000 183 3 3 0 2,670 2015 $479,990 $470,000 83 2 2 1 2,123 2014 $510,000 $510,000 9 3 3 1 3,234 2017 $510,214 $506,243 2 3 2 2 3,774 2008 $524,900 $515,000 325 3 3 1 3,239 2017 $528,425 $528,425 2 3 2 0 2,642 2017 $535,900 $529,500 32 3 2 1 2,550 2017 $537,630 $537,630 39 2 2 1 3,082 2008 $539,000 $520,000 75 2 2 1 3,082 2008 $549,000 $505,000 17 3 3 0 2,721 2017 $569,000 $535,000 160 4 3 0 2,740 2013 $599,000 $550,000 219 3 3 1 2,585 2017 $599,650 $589,360 103 3 4 0 3,175 2017 $622,000 $609,500 122 3 4 0 2,821 2016 $629,900 $629,900 353 4 3 1 3,175 2015 $634,880 $610,000 30 3 3 0 2,765 2017 $649,000 $640,000 293 3 3 0 2,974 2015 $649,900 $635,000 125 3 3 0 2,610 2015 $664,500 $652,000 95 3 3 1 2,888 2017 $679,000 $655,000 284 3 3 0 2,614 2010 $679,990 $670,000 182 3 2 2 2,759 2013 $685,000 $670,000 14 4 3 0 2,853 2017 $685,700 $678,000 119 3 2 1 2,703 2016 $749,000 $745,000 361 3 3 1 2,968 2013 $784,900 $784,900 13 4 4 0 3,881 2016 $829,990 $800,000 57 4 4 0 3,800 2015 $830,000 $830,000 3 4 4 0 3,281 2014 $849,000 $795,000 76 4 3 0 3,267 2007 $875,000 $850,000 422 3 4 0 3,642 2016 $927,440 $850,000 320 3 4 1 3,741 2016 $994,900 $925,000 437
How Much Does Waiting To Buy Your Next Home Cost You?
Active - On the Market Pending - Under Contract Sold - Closed Between September 1, 2017 and February 28, 2018
KEY TRENDS
VIEW
KEY TRENDS
Source: Keeping Current Matters, March 2018
Date Today 2019
Mortgage
Interest Rate*
$500,000 4.0% $521,000 4.9% DIFFERENCE IN MONTHLY PAYMENT $378.01
P&I** $2,387.08 $2,765.09
*Average Commitment Rate Per Freddie Mac. **Principle and Interest Payment
THE STATE
N M E A W R T K O E T
N M E A W R T K O E T
Our Portfolio of Fine Properties in Hampton Lake
of the Hampton Lake Real Estate Market
March 2018
KEY METRICS
Beautiful custom home built by 2017 Hilton Head Builder of the Year, Full Circle Development! It features high-end finishes including: coffered/tray ceilings, travertine floors, granite countertops, stainless steel appliances, and a screened porch with an outdoor kitchen. Located on a private wooded preserve homesite with a fenced yard, this is a great opportunity to purchase in one of Bluffton’s most sought after communities at a fantastic price. 79 Hampton Lake Drive, Hampton Lake
The last 30 days have continued to be active in the community. In February there were two closed sales in Hampton Lake, seven new listings, and five price adjustments. Of the seven new listings, four of those went under contract in less than ten days! We are pleased to announce our newest offerings in the community; 14 Hampton Lake Crossing and 79 Hampton Lake Drive. Something to note on this report: we are removing the KHOV homes in the new phase from the report. It was brought to our attention that the information represented in MLS is not accurate on these properties and was causing confusion. Since we cannot verify every new build’s number of bedrooms, view, and square footage, we are opting to leave off the report until the information can be corrected in the MLS. Please call us with any questions!
4 Bedrooms | 4 Bathrooms | 3,106 Htd. SqFt | $735,000
N M E A W R T K O E T
N M E A W R T K O E T
4 Bedrooms | 3.5 Bathrooms | 3,285 Htd. SqFt | $638,800
This home offers tremendous value for those looking to enjoy lakefront living. It offers wide water views from all living areas, plus a fabulous outdoor screened porch. Leave the pontoon on the private dock in the backyard to enjoy cruising daily. Features include an eat-in-kitchen, large dining area, and luxurious master suite. High-end appliances, a fireplace, an oversized garage, and ample entertaining room complete this home. Priced to sell! 14 Hampton Lake Crossing, Hampton Lake
February 2018 in Review
2
$531,250
96%
119
Total Sales
Median Price
Sale to List Price
Median Days on Market
Greater Bluffton Real Estate Market Overview Least Expensive Lakefront Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for someone that wants a quintessential Southern style home with front porches, detached garage, with your own custom interior touches. If you have always dreamed of building your own cottage with amazing view down the lake, now is the time to take advantage of this pricing. Act now! 17 Blue Trail Court, Hampton Lake Lot | 0.25 Acres | Lake View | $145,000
ACTIVE LISTINGS IN GREATER BLUFFTON
Least Expensive Wooded Homesite in Hampton Lake! Located in the pocket neighborhood of The Sanctuary, this homesite is perfect for the buyer that appreciates quintessential Southern architecture with detached garages, front porches, and custom interior touches. Located in the River Ridge School District and May River High School district, Hampton Lake is central to everything Bluffton has to offer. Build your dream home today! 28 Blue Trail Court, Hampton Lake
730 How’s the Bluffton Real Estate Market Doing?
Lot | 0.22 Acres | Wooded View | $75,800
YTD Greater Bluffton Home Sales YTD Through February 28 for Each Year
The Chafer Sutphin Group has recently listed 12 lots in Hampton Lake, with lakefront lots starting at $118,708 and wooded lots starting at $75,800.
COMMUNITY SPECIALIST
The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped 15 clients buy and sell properties in the community. Contact us for a complimentary home valuation and discover how we can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.
Tisha Chafer, Real Estate Advisor Tanner Sutphin, Real Estate Advisor 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
Telephone • 843-384-1645 | 843-384-3006 Email • tisha.chafer@evusa.com tanner.sutphin@evusa.com Website • www.chafersutphingroup.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.
PRSRT STD US POSTAGE PAID Permit 73
CHAFER SUTPHIN GROUP
Hilton Head Is., SC
Year
Number of Homes Sold
Median Price
2013
195
$239,000
2014
178
$240,000
2015
198
$249,000
2016
229
$279,000
2017
237
$298,000
2018
265
$310,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first two months, according to statistics from the Hilton Head Island-Bluffton Area Multiple Listing Service. In the boom years prior to The Great Recession, the first two months of homes sales in Greater Bluffton, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 148 sales. As you can see in the chart to the left in first two months of 2018 though, 265 homes were sold, bettering the pre-recession peak by an extraordinary 79%! As the demand for Greater Bluffton continues to outpace supply, the median price has risen 4% 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 March 7, 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.
CHAFER SUTPHIN GROUP