This July 2017 Leamington 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 Leamington.
Leamington Plantation’s first six months of 2017 are out pacing last year: nine homes closed this year compared to seven homes last year. The first six months’ total dollar volume of homes sold in 2017 was $9,120,000, up from $7,383,000 in 2016. Supply and demand: there are currently 11 homes listed for sale with an average of 1.5 homes selling per month over the past six months. That translates into a 7-month supply, considered by industry experts to be a Buyer’s market. As of July 15th, 2017, there is one home pending/under contract. In the lot realm, one lot closed in 2017 with five lots marketed for sale.