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The State of the Central Sea Pines Real Estate Market- March 2017

Thursday, April 6th, 2017 at 12:51pm Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This Central Sea Pines 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 Central Sea Pines. 

In the first two months of 2017, five homes closed, compared to seven last year. The first two months total dollar volume of homes sold in 2017 was $3.57M, down from $5.65M in 2016. Supply and demand: there are currently 27 homes listed for sale with an average of four homes selling per month over the last six months. That translates into a 6.8-month supply, considered by industry experts to be a buyer’s market. As of March 10th, 2017, there were 10 homes pending/ under contract. The graph below represents homes in central Sea Pines. 

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