PALMETTO BLUFF PROPERTY REPORT
– 2022 YEAR-END UPDATE –
total closed 205 for $314.8M total homes closed 104 for $227.6M
101 for $87.2M
Palmetto Bluff finished 2022 strong, with a total of 205 community-wide sales for $315 million. Our sales team remained the community leader as they assisted 138 buyers in purchasing their properties in Palmetto Bluff, whereas the next closest firm brought 20 buyers. As we reflect on this past year, we are honored to have helped the many visitors who stopped by our sales office in Wilson Village to learn more about this community and how we’ve created a place that people want to embrace and share with their families and friends. This dedication to Palmetto Bluff is reflected in our results, as one out of every three property tours with potential buyers resulted in a sale in 2022.
New construction continues at a steady pace as 284 homes are currently under construction and 166 in the Design Review Board approval for a total of 450 homes representing $900 million in residential construction. In addition, Palmetto Bluff continues to see an increasing demand for new construction as buyers are taking a thoughtful approach to the style and customizations of their new homes, with the mindset that one day they’ll transition from part-time residents to full-time property owners. The most recent property owner survey showed that 50% of our residents are full time.
If you’re considering listing your property, we’re ready to help. Our Palmetto Bluff Real Estate Company team provided our sellers with an average of 2% higher returns for their resale homes and 3% higher returns for resale homesite listings than our competitors.
For over 20 years, Palmetto Bluff Real Estate Company has served the Palmetto Bluff community and its new and current residents. We love being a part of this incredible place and watching it grow. Our team focuses exclusively on Palmetto Bluff real estate. We are the only team with up-to-date knowledge of the community, future amenities, and lifestyle offerings. From our ongoing relationship with the Montage to club-level access to onsite amenities, we are the best-positioned team to help you if you are looking to buy or sell in Palmetto Bluff.
Palmetto Bluff Real Estate Company was involved in 77% of all Closed & Pending Transactions
YEAR-END COMPARISON
MARKET TRENDS
PALMETTO BLUFF PROPERTY REPORT
PALMETTO BLUFF REAL ESTATE COMPANY VS. OUTSIDE FIRMS
We were involved in 158 of 205 closed transactions in 2022 77%
We brought the buyer for 138 of 205 closed transactions in 2022 67%
The next closest firm had only 20 of 205 (9%).
98% 96% 96% 93%
BY THE NUMBERS
2022 REAL ESTATE SALES
Year-end
*SELLING COMPANY WAS PROCURING CAUSE FOR THE TRANSACTION. CLOSED TRANSACTIONS ONLY. ALL DEVELOPER LOTS AND BUILDER GUILD HOMES ARE INCLUDED IN THE PALMETTO BLUFF REAL ESTATE TRANSACTIONS.
FEATURED LISTINGS
Listed and sold by Palmetto Bluff Real Estate Company
Purchased for 100% of list price
CLOSE PRICE: $2,185,000
Listed and sold by Palmetto Bluff Real Estate Company
Purchased for 100% of list price
CLOSE PRICE: $1,295,000
