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The State of the Leamington Real Estate Market - August 2018

Wednesday, August 15th, 2018 at 12:37pm Engel & Völkers Hilton Head Island - Bluffton and Beaufort


This 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’s first five months of sales in 2018 are slightly behind last year: five homes closed this period compared to eight homes which closed during the same period last year. The first five month’s total dollar volume of homes sold in 2018 was $3,485,000, down from $7,214,000 in 2017. Supply and demand: there are currently nine homes listed for sale with an average of one home selling per month over the past five months. That translates into a 9-month supply, considered by industry experts to be a buyer’s market. As of June 3rd, 2018, there are five homes pending/under contract. In the lot realm, two lots closed this year with three lots marketed for sale.



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