This July 2017 Colleton River real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares home sales from previous months, discusses supply and demand and shows the status of the homes in Colleton River.
In Colleton River, sixteen homes closed in the first six months of 2017, which is the same as last year. January through June’s total dollar volume was $12.806M, down compared to $15.039M in 2016. Supply and demand: as of July 13, 2017, there are 24 Colleton River homes listed for sale with an average of three homes selling per month over the last six months. That translates into a 8-month supply, considered by industry experts to be a buyer’s market. There are four homes under contract in Colleton River. In the lot realm, 12 lots closed in the first six months of 2017, compared to eight in the previous year. There are currently three lots under contract.