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The State of Belfair Real Estate Market - April 2018

Monday, April 9th, 2018 at 8:53am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This Belfair 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 Belfair.

In Belfair ten homes closed in the first quarter of 2018, compared to seven homes which closed during the same period in 2017. So far, in the first three months of 2018, the total dollar volume was $4,783,100, up compared to $4,113,998 in 2017. Supply and demand: as of April 2, 2018, there are 35 Belfair homes listed for sale with an average of 3.5 homes selling per month over the last six month. That translates into a 10-month supply, considered by industry experts to be a buyer's market. There are eight homes under contract in Belfair.

 

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