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The State of the North & South Forest Beach Real Estate Market - March 2018

Friday, March 16th, 2018 at 1:24pm Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This North & South Forest Beach Oceanfront Villas 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 North & South Forest Beach Oceanfront Villas.

In the North & South Forest Beach Villas area, ten villas closed in the first two months of 2018, with only six closing during the same time last year. The first two months of 2018 total dollar volume more than doubled to $3.366M, up compared to $1.589M in 2017. Supply and demand: as of March 2, 2018, there are 43 North & South Forest Beach Oceanfront Villas listed for sale with an average of 5.33 villas selling per month over the last six months. That translates into a 8.07-month supply, considered by industry experts to be a buyer's market. There are 12 villas under contract in North & South Forest Beach Oceanfront Villas.

 

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