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The State of the Rose Hill Real Estate Market- May 2017

Tuesday, May 30th, 2017 at 11:38am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This Rose Hill 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 Rose Hill. 

In Rose Hill-Estate Side, two homes closed in the first four months of 2017, compared to five last year. January through April’s total dollar volume was $1.834M, down compared to $3.246M in 2016. Supply and demand: as of May 17, 2017, there are 15 Rose Hill-Estate Side homes on the market with an average of 0.67 homes selling per month over the last six months. That translates into a 22.39-month supply, considered by industry experts to be a strong buyer’s market; and there are two homes under contract in Rose Hill-Estate Side. In the lot realm, two lots closed in the first four months of 2017, four the previous year. There is currently one lot under contract.

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