THE STATE
Our Portfolio of Fine Properties in Hampton Lake N M E A W R T K O E T
of the Hampton Lake Real Estate Market
May 2018
KEY METRICS
First Four Months of 2018 in Review
In Hampton Lake, four homes closed in the past thirty days, versus just one in the previous moth. Currently there are 21 homes under contract in the community, including all new construction listed by builders. Only five of these properties are resale homes. SEVEN RESALE properties were listed in the last month. The median list price is currently at $604,500. The community overall has 30 single family homes for sale, and seven coach homes/villas listed. We are pleased to announce we JUST LISTED a beautiful home at 46 Waterview Court. The strong sales pace definitely continues through the second quarter as we head into summer. If you are curious to find out your property’s current value, give us a call for a free market evaluation...you may be surprised to learn what your home is worth in today’s real estate market!
$599,000
98%
137
Total Sales
Median Price
Sale to List Price
Median Days on Market
O UN N D T E R R A C T
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
C
C
C
O UN N D T E R R A C T
O UN N D T E R R A C T
Situated at the end of cul-de-sac, this home has beautiful views of the lake and its own dock, perfect for kayaks and pontoons! The Lowcountry architecture is welcoming and classic in design featuring a front porch, dormers, and hardiplank siding. The interior floor plan is functional in design boasting an open concept living space with a dining room, living room, and keeping room off the kitchen area. The living room features a fireplace and sliding doors to the screened porch overlooking the lake. The chef’s kitchen focal point is a large center island perfect for entertaining and cooking. Wood floors throughout the main living areas are perfect for South Carolina living. The split bedroom design is great for privacy. The luxurious master suite is located behind the living area with two guest bedrooms and a shared bath on the other end of the house. Upstairs an oversized bonus room + bath with over 600 square feet will delight those looking for a space to make their own whether it be the quintessential “man cave”, craft room, home gym or teen retreat. 46 Waterview Court, Hampton Lake 4 Bedrooms | 3 Bathrooms | 3,215 Htd. SqFt | $725,000
4
716 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales 79 Hampton Lake Drive, Hampton Lake
14 Hampton Lake Crossing, Hampton Lake
4 Bedrooms | 3.5 Bathrooms | 3,285 Htd. SqFt | $638,800 4 Bedrooms | 4 Bathrooms | 3,106 Htd. SqFt | $735,000
COMMUNITY The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped SPECIALIST 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.
12 in Total Blue Trail Court Homesites! Lakefront started at $118,708 and Wooded at $75,800
Be the first to see the plans and choose your lot. Starting at $400,000 to build with a local custom home builder! There are only a few of these premium lots so call today!
PRSRT STD US POSTAGE PAID Permit 73
CHAFER SUTPHIN GROUP
Hilton Head Is., SC
YTD Through April 30 for Each Year
Year
Number of Homes Sold
Median Price
2013
448
$226,000
2014
395
$245,000
2015
474
$255,000
2016
562
$273,000
2017
570
$295,000
2018
654
$302,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first four 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 four months of homes sales on the Mainland, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 341 sales. As you can see in the chart to the left, in first four months of 2018, 654 homes were sold, almost doubling the pre-recession peak! As the demand for the Mainland continues to outpace supply, the median price has risen 2.4% 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 May 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.
CHAFER SUTPHIN GROUP
Hampton Lake Home and Villa 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 Active Active Active Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending
9 Heartwood Court #1202 506 Hampton Lake Drive 59 Fording Court 206 Castaway Drive W 202 Castaway Drive 18 Foxpath Lane 36 Green Trail Court 165 Hampton Lake Crossing #1408 12 Mooring Line Place #1434 214 Castaway Drive W 210 Castaway Drive W 25 Green Trail Court 43 Palmetto Cove Court 253 Hampton Lake Drive 121 Flatwater Drive 235 Hampton Lake Drive 243 Hampton Lake Drive 295 Hampton Lake Drive 18 Balsam Bay Court 163 Hampton Lake Crossing #1411 119 Hampton Lake Crossing 17 Mooring Line Court #1461 11 Driftwood Court W 174 Hampton Lake Crossing #1469 8 Harborage Court 35 Mooring Line Court 440 Hampton Lake Drive 31 Mooring Line Court 46 Waterview Court 519 Lake Bluff Drive 33 Balsam Bay Court 248 Hampton Lake Drive 69 Hampton Lake Drive 34 Sweet Marsh Court 515 Lake Bluff Drive 4 Blue Trail Court 35 Heartwood Court #1215 23 Sweet Marsh Court 242 Castaway Drive W 395 Lake Bluff Drive 181 Hampton Lake Crossing #1402 161 Hampton Lake Crossing #1410 172 Hampton Lake Crossing #1468 402 Lake Bluff Drive 226 Castaway Drive W 115 Hampton Lake Crossing 494 Lake Bluff Drive 79 Hampton Lake Drive 225 Hampton Lake Drive 14 Hampton Lake Crossing 57 Anchor Cove Court 14 Harborage Court
Landscape, Wooded Wooded Landscape, Wooded Lake Lake Landscape, Wooded Landscape, Wooded Lake Lake Lake Lake Wooded Wooded Wooded Wooded Wooded Wooded Wooded Wooded Lake, Wooded Lake Lake Landscape Lake Lake Lake Landscape, Wooded Lake Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Landscape, Wooded Wooded Lake Wooded Lake Lake Lake Wooded Lake Wooded Landscape Wooded Wooded Lake Lake Lake
TOTAL APPROX. SQ. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS FOOTAGE BUILT MARKET 3 3 0 2,269 2007 $328,500 --587 4 2 1 2,120 2017 $393,900 --141 3 3 1 2,133 2015 $479,000 --6 3 2 1 2,271 2017 $498,860 --182 3 2 1 2,342 2017 $500,850 --196 4 3 0 2,959 2017 $510,000 --4 3 3 0 2,744 2016 $514,900 --213 2 2 1 3,082 2008 $519,900 --270 2 2 1 3,082 2008 $524,900 --7 3 2 1 2,588 2017 $539,650 --175 4 3 1 2,710 2017 $540,789 --212 3 3 0 2,436 2016 $549,000 --181 3 3 0 3,013 2012 $559,900 --26 3 3 0 2,470 2018 $568,555 --5 3 3 0 2,439 2018 $576,255 --34 3 3 0 2,951 2018 $589,000 --138 3 2 1 2,758 2013 $589,900 --14 3 3 0 2,951 2017 $599,000 --363 3 2 1 2,721 2018 $610,000 --138 3 3 1 4,191 2008 $619,900 --278 3 3 0 2,818 2018 $625,570 --40 3 3 1 4,191 2008 $634,900 --137 4 4 0 3,620 2016 $639,900 --85 3 3 1 4,191 2007 $649,900 --355 4 4 0 3,109 2008 $650,000 --262 3 3 0 2,817 2018 $682,160 --40 3 3 1 3,033 2011 $689,900 --400 4 4 0 2,879 2017 $699,900 --237 4 3 0 3,215 2014 $725,000 --22 4 3 1 2,886 2017 $846,127 --180 4 4 1 3,146 2016 $849,000 --4 4 4 1 2,992 2007 $869,000 --68 4 3 2 3,550 2007 $885,000 --82 4 3 1 4,028 2008 $895,000 --84 3 4 0 3,259 2018 $895,900 --48 4 4 2 4,479 2009 $945,000 --8 3 3 0 2,056 2007 $298,950 --38 3 3 0 2,608 2010 $429,900 --11 3 2 1 2,588 2017 $444,089 --2 4 3 1 3,234 2017 $479,990 --256 2 2 1 3,082 2007 $498,000 --308 2 2 1 3,082 2008 $519,900 --183 2 2 1 3,082 2007 $524,000 --105 3 3 0 3,267 2016 $530,000 --201 3 2 1 2,771 2018 $565,520 --40 3 4 0 2,817 2017 $625,000 --227 3 3 1 2,802 2018 $635,170 --3 4 3 1 3,285 2014 $638,800 --26 3 2 1 2,630 2015 $649,900 --6 4 4 0 3,106 2008 $725,000 --40 3 3 1 2,802 2018 $793,645 --2 3 3 0 3,200 2014 $829,000 --8
Giving You The EDGE™Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between October 1, 2017 and April 30, 2018
STATUS
ADDRESS
VIEW
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
9 Fording Court 21 Fording Court 48 Fording Court 503 Hampton Lake Drive 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 15 Mooring Line Court #1460 133 Flatwater Drive 49 Palmetto Cove Court 137 Flatwater Drive 470 Hampton Lake Drive 5 Lakewood Court 461 Hampton Lake Drive 51 Palmetto Cove Court 19 Hampton Lake Crossing 309 Hampton Lake Drive 33 Waterview Court 6 Harborage 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 152 Hampton Lake Drive 43 Anchor Cove Court 144 Flatwater Drive
Landscape, Wooded Landscape, Wooded Wooded Wooded Landscape Landscape, Wooded Wooded Wooded Wooded Wooded Landscape, Wooded Lake Wooded Lake Landscape Lake Lake Wooded Wooded Wooded Lake Wooded Wooded Wooded Lake Wooded Lake Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Wooded Lake, Pool Lake Lake
How Much Has Your Home Value Increased Over the Last Year?
Source: Keeping Current Matters, May 2018
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.
KEY TRENDS
The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from February 2017 to February 2018 (the latest data available). It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor that determines how much your home has appreciated over the course of the last year. Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize. BOTTOM LINE: If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.
9.3%
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.
8.5% 7% 5.4%
• Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month • A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world • White-glove professionalism and local market expertise of your dedicated Advisor Let us provide the EDGE you need to sell your home. Contact the Chafer Sutphin Group for a complimentary, no-obligation home valuation.
TOTAL APPROX. SQ. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS FOOTAGE BUILT MARKET 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 3 3 1 2,417 2017 $398,773 $398,773 187 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 $549,000 $505,000 17 3 3 1 2,512 2017 $569,000 $585,000 8 3 3 0 2,721 2017 $569,000 $535,000 160 3 2 1 2,703 2017 $599,000 $582,000 162 4 3 0 2,740 2013 $599,000 $550,000 219 3 3 1 2,585 2017 $599,650 $589,360 103 3 3 0 2,765 2017 $609,000 $599,000 151 3 4 0 3,175 2017 $622,000 $609,500 122 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 4 3 1 3,200 2013 $675,000 $680,000 250 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 3 0 3,267 2007 $875,000 $850,000 422 4 4 1 4,048 2012 $884,500 $885,000 4 3 4 1 3,741 2016 $994,900 $925,000 437
LOW PRICE
LOW TO MIDDLE PRICE
MIDDLE TO MODERATE PRICE
HIGH PRICE
Hampton Lake Home and Villa 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 Active Active Active Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending Pending
9 Heartwood Court #1202 506 Hampton Lake Drive 59 Fording Court 206 Castaway Drive W 202 Castaway Drive 18 Foxpath Lane 36 Green Trail Court 165 Hampton Lake Crossing #1408 12 Mooring Line Place #1434 214 Castaway Drive W 210 Castaway Drive W 25 Green Trail Court 43 Palmetto Cove Court 253 Hampton Lake Drive 121 Flatwater Drive 235 Hampton Lake Drive 243 Hampton Lake Drive 295 Hampton Lake Drive 18 Balsam Bay Court 163 Hampton Lake Crossing #1411 119 Hampton Lake Crossing 17 Mooring Line Court #1461 11 Driftwood Court W 174 Hampton Lake Crossing #1469 8 Harborage Court 35 Mooring Line Court 440 Hampton Lake Drive 31 Mooring Line Court 46 Waterview Court 519 Lake Bluff Drive 33 Balsam Bay Court 248 Hampton Lake Drive 69 Hampton Lake Drive 34 Sweet Marsh Court 515 Lake Bluff Drive 4 Blue Trail Court 35 Heartwood Court #1215 23 Sweet Marsh Court 242 Castaway Drive W 395 Lake Bluff Drive 181 Hampton Lake Crossing #1402 161 Hampton Lake Crossing #1410 172 Hampton Lake Crossing #1468 402 Lake Bluff Drive 226 Castaway Drive W 115 Hampton Lake Crossing 494 Lake Bluff Drive 79 Hampton Lake Drive 225 Hampton Lake Drive 14 Hampton Lake Crossing 57 Anchor Cove Court 14 Harborage Court
Landscape, Wooded Wooded Landscape, Wooded Lake Lake Landscape, Wooded Landscape, Wooded Lake Lake Lake Lake Wooded Wooded Wooded Wooded Wooded Wooded Wooded Wooded Lake, Wooded Lake Lake Landscape Lake Lake Lake Landscape, Wooded Lake Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Landscape, Wooded Wooded Lake Wooded Lake Lake Lake Wooded Lake Wooded Landscape Wooded Wooded Lake Lake Lake
TOTAL APPROX. SQ. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS FOOTAGE BUILT MARKET 3 3 0 2,269 2007 $328,500 --587 4 2 1 2,120 2017 $393,900 --141 3 3 1 2,133 2015 $479,000 --6 3 2 1 2,271 2017 $498,860 --182 3 2 1 2,342 2017 $500,850 --196 4 3 0 2,959 2017 $510,000 --4 3 3 0 2,744 2016 $514,900 --213 2 2 1 3,082 2008 $519,900 --270 2 2 1 3,082 2008 $524,900 --7 3 2 1 2,588 2017 $539,650 --175 4 3 1 2,710 2017 $540,789 --212 3 3 0 2,436 2016 $549,000 --181 3 3 0 3,013 2012 $559,900 --26 3 3 0 2,470 2018 $568,555 --5 3 3 0 2,439 2018 $576,255 --34 3 3 0 2,951 2018 $589,000 --138 3 2 1 2,758 2013 $589,900 --14 3 3 0 2,951 2017 $599,000 --363 3 2 1 2,721 2018 $610,000 --138 3 3 1 4,191 2008 $619,900 --278 3 3 0 2,818 2018 $625,570 --40 3 3 1 4,191 2008 $634,900 --137 4 4 0 3,620 2016 $639,900 --85 3 3 1 4,191 2007 $649,900 --355 4 4 0 3,109 2008 $650,000 --262 3 3 0 2,817 2018 $682,160 --40 3 3 1 3,033 2011 $689,900 --400 4 4 0 2,879 2017 $699,900 --237 4 3 0 3,215 2014 $725,000 --22 4 3 1 2,886 2017 $846,127 --180 4 4 1 3,146 2016 $849,000 --4 4 4 1 2,992 2007 $869,000 --68 4 3 2 3,550 2007 $885,000 --82 4 3 1 4,028 2008 $895,000 --84 3 4 0 3,259 2018 $895,900 --48 4 4 2 4,479 2009 $945,000 --8 3 3 0 2,056 2007 $298,950 --38 3 3 0 2,608 2010 $429,900 --11 3 2 1 2,588 2017 $444,089 --2 4 3 1 3,234 2017 $479,990 --256 2 2 1 3,082 2007 $498,000 --308 2 2 1 3,082 2008 $519,900 --183 2 2 1 3,082 2007 $524,000 --105 3 3 0 3,267 2016 $530,000 --201 3 2 1 2,771 2018 $565,520 --40 3 4 0 2,817 2017 $625,000 --227 3 3 1 2,802 2018 $635,170 --3 4 3 1 3,285 2014 $638,800 --26 3 2 1 2,630 2015 $649,900 --6 4 4 0 3,106 2008 $725,000 --40 3 3 1 2,802 2018 $793,645 --2 3 3 0 3,200 2014 $829,000 --8
Giving You The EDGE™Smart Marketing, Extensive Exposure and Tailored Strategies to Sell Your Home
Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between October 1, 2017 and April 30, 2018
STATUS
ADDRESS
VIEW
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
9 Fording Court 21 Fording Court 48 Fording Court 503 Hampton Lake Drive 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 15 Mooring Line Court #1460 133 Flatwater Drive 49 Palmetto Cove Court 137 Flatwater Drive 470 Hampton Lake Drive 5 Lakewood Court 461 Hampton Lake Drive 51 Palmetto Cove Court 19 Hampton Lake Crossing 309 Hampton Lake Drive 33 Waterview Court 6 Harborage 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 152 Hampton Lake Drive 43 Anchor Cove Court 144 Flatwater Drive
Landscape, Wooded Landscape, Wooded Wooded Wooded Landscape Landscape, Wooded Wooded Wooded Wooded Wooded Landscape, Wooded Lake Wooded Lake Landscape Lake Lake Wooded Wooded Wooded Lake Wooded Wooded Wooded Lake Wooded Lake Lake Lake Lake Lake Lake Lake Lake Landscape, Wooded Wooded Lake, Pool Lake Lake
How Much Has Your Home Value Increased Over the Last Year?
Source: Keeping Current Matters, May 2018
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.
KEY TRENDS
The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from February 2017 to February 2018 (the latest data available). It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor that determines how much your home has appreciated over the course of the last year. Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize. BOTTOM LINE: If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.
9.3%
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.
8.5% 7% 5.4%
• Highly trusted strategic online and mobile marketing partners with a combined 500 million website and mobile views per month • A global network spanning more than 30 countries with 9,000 Advisors in 750 shops around the world • White-glove professionalism and local market expertise of your dedicated Advisor Let us provide the EDGE you need to sell your home. Contact the Chafer Sutphin Group for a complimentary, no-obligation home valuation.
TOTAL APPROX. SQ. YEAR DAYS ON FULL BATHS HALF BATHS LIST PRICE CLOSE PRICE BEDROOMS FOOTAGE BUILT MARKET 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 3 3 1 2,417 2017 $398,773 $398,773 187 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 $549,000 $505,000 17 3 3 1 2,512 2017 $569,000 $585,000 8 3 3 0 2,721 2017 $569,000 $535,000 160 3 2 1 2,703 2017 $599,000 $582,000 162 4 3 0 2,740 2013 $599,000 $550,000 219 3 3 1 2,585 2017 $599,650 $589,360 103 3 3 0 2,765 2017 $609,000 $599,000 151 3 4 0 3,175 2017 $622,000 $609,500 122 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 4 3 1 3,200 2013 $675,000 $680,000 250 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 3 0 3,267 2007 $875,000 $850,000 422 4 4 1 4,048 2012 $884,500 $885,000 4 3 4 1 3,741 2016 $994,900 $925,000 437
LOW PRICE
LOW TO MIDDLE PRICE
MIDDLE TO MODERATE PRICE
HIGH PRICE
THE STATE
Our Portfolio of Fine Properties in Hampton Lake N M E A W R T K O E T
of the Hampton Lake Real Estate Market
May 2018
KEY METRICS
First Four Months of 2018 in Review
In Hampton Lake, four homes closed in the past thirty days, versus just one in the previous moth. Currently there are 21 homes under contract in the community, including all new construction listed by builders. Only five of these properties are resale homes. SEVEN RESALE properties were listed in the last month. The median list price is currently at $604,500. The community overall has 30 single family homes for sale, and seven coach homes/villas listed. We are pleased to announce we JUST LISTED a beautiful home at 46 Waterview Court. The strong sales pace definitely continues through the second quarter as we head into summer. If you are curious to find out your property’s current value, give us a call for a free market evaluation...you may be surprised to learn what your home is worth in today’s real estate market!
$599,000
98%
137
Total Sales
Median Price
Sale to List Price
Median Days on Market
O UN N D T E R R A C T
Greater Bluffton Real Estate Market Overview ACTIVE LISTINGS IN GREATER BLUFFTON
C
C
C
O UN N D T E R R A C T
O UN N D T E R R A C T
Situated at the end of cul-de-sac, this home has beautiful views of the lake and its own dock, perfect for kayaks and pontoons! The Lowcountry architecture is welcoming and classic in design featuring a front porch, dormers, and hardiplank siding. The interior floor plan is functional in design boasting an open concept living space with a dining room, living room, and keeping room off the kitchen area. The living room features a fireplace and sliding doors to the screened porch overlooking the lake. The chef’s kitchen focal point is a large center island perfect for entertaining and cooking. Wood floors throughout the main living areas are perfect for South Carolina living. The split bedroom design is great for privacy. The luxurious master suite is located behind the living area with two guest bedrooms and a shared bath on the other end of the house. Upstairs an oversized bonus room + bath with over 600 square feet will delight those looking for a space to make their own whether it be the quintessential “man cave”, craft room, home gym or teen retreat. 46 Waterview Court, Hampton Lake 4 Bedrooms | 3 Bathrooms | 3,215 Htd. SqFt | $725,000
4
716 How’s the Bluffton Real Estate Market Doing?
YTD Greater Bluffton Home Sales 79 Hampton Lake Drive, Hampton Lake
14 Hampton Lake Crossing, Hampton Lake
4 Bedrooms | 3.5 Bathrooms | 3,285 Htd. SqFt | $638,800 4 Bedrooms | 4 Bathrooms | 3,106 Htd. SqFt | $735,000
COMMUNITY The Chafer Sutphin Group is your Hampton Lake Real Estate Specialist having helped SPECIALIST 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.
12 in Total Blue Trail Court Homesites! Lakefront started at $118,708 and Wooded at $75,800
Be the first to see the plans and choose your lot. Starting at $400,000 to build with a local custom home builder! There are only a few of these premium lots so call today!
PRSRT STD US POSTAGE PAID Permit 73
CHAFER SUTPHIN GROUP
Hilton Head Is., SC
YTD Through April 30 for Each Year
Year
Number of Homes Sold
Median Price
2013
448
$226,000
2014
395
$245,000
2015
474
$255,000
2016
562
$273,000
2017
570
$295,000
2018
654
$302,000
In 2018 the Greater Bluffton housing market continues to be on fire, again setting the record for the all-time best first four 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 four months of homes sales on the Mainland, which includes all of southern Beaufort County except Hilton Head and Daufuskie Islands, peaked in 2006 at 341 sales. As you can see in the chart to the left, in first four months of 2018, 654 homes were sold, almost doubling the pre-recession peak! As the demand for the Mainland continues to outpace supply, the median price has risen 2.4% 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 May 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.
CHAFER SUTPHIN GROUP