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The State of the Wexford Real Estate Market- May 2017

Monday, May 29th, 2017 at 11:23am 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.

In Wexford Plantation, six homes closed in the first four months of 2017, compared to nine last year. January through April’s total dollar volume was $6.755M, down from $13.635M in 2016. Supply and demand: as of May 17, 2017, there are 40 Wexford homes listed for sale with an average of 1.83 homes selling per month over the last six months. That translates into a 21.86-month supply, considered by industry experts to be a strong buyer’s market. There are three homes under contract in Wexford. In the lot realm, two lots closed in the first four months of 2017, versus four in the previous year. There is currently one lot under contract.

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