This July 2017 Leamington Villas 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 Villas.
Leamington Plantation Villas’ first six months of 2017 sales have started out very slowly: 11 villas closed, down from 21 in the first six months of 2016. The total dollar volume of villas sold in the first six months was $7,155,600, down from $16,272,000 in the first six months of 2016. Supply and demand: there are currently 51 villas listed for sale with an average of 1.83 villas selling per month over the last six months. That translates into a 27-month supply, considered by industry experts to be a Buyer’s market. As of July 15th, 2017, there were six villas pending/under contract.