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The State of the Wexford Real Estate Market- March 2017

Friday, March 31st, 2017 at 11:50am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

This Wexford 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 Wexford Plantation. 

Four homes closed in the first two months 2017, compared to three last year. January and February’s dollar volume is up to $4.762M compared to $3.012M in 2016. Supply and demand: there are currently 38 homes listed for sale with an average of two homes selling per month over the last six months. That translates into a 19-month supply, considered by industry experts to be a strong buyer’s market. As of March 17, 2017, there were four homes pending/under contract. In the lot realm, zero lots closed so far in 2017, versus one in the previous January and February of 2016. There is currently one lot pending/under contract. 

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