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The State of the Leamington Real Estate Market-October 2017

Thursday, November 2nd, 2017 at 10:09am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This October 2017 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 Plantation's first nine months of 2017 are consistent with 2016 sales: 13 homes closed this year compared to 12 homes last year. The first nine months' total dollar volume of homes sold in 2017 was $12,665,000, essentially even with 2016 sakes of $12,676,500. Supply and demand: there are currently 11 homes listed sale with an average of 1.44 homes selling per month over the past nine months. That translates into a 7.62-month supply, considered by industry experts to be a balanced marketed. As of October 15, 2017 there are two homes pending/under contract. In the lot realm, two lots closed in 2017 with one pending/ under contract and four lots marketed for sale.

 

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