This Sea Pines Central report shows April 2017 in review. Home sales in previous months, supply and demand, how the Hilton Head Island-Bluffton housing market is doing, homes for sale and more. Check out The State of the Sea Pines Central Real Estate.
In the first three months of 2017, 12 homes closed, compared to 11 last year. The three-month total dollar volume of homes sold in 2017 was $8.30M, up from $8.00M in 2016. Supply and demand: there are currently 30 homes listed for sale with an average of 4 homes selling per month over the last six months. That translates into a 7.5-month supply, considered by industry experts to be a buyer’s market. As of April 10th, 2017, there were seven homes pending/under contract. The graph below represents homes in central Sea Pines.