Collins Group Realty

Beaufort, SC

Single-Family Homes

Hilton Head, Bluffton & Beaufort Area Real Estate Specialists | (843) 341-6300



Beaufort, SC

Sun Oct 06 2024
This week the median list price for Beaufort, SC is $474,290 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 143. Click here to stay informed with the Beaufort market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beaufort, SC

Sun Oct 06 2024
This week the median list price for Beaufort, SC is $474,290 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 143. Click here to stay informed with the Beaufort market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Beaufort market.
Median List Price $474,290
Median Price of New Listings $479,920
Per Square Foot $273
Average Days on Market 77
Median Days on Market 56
Price Decreased 43%
Price Increased 8%
Relisted 10%
Inventory 143
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,225,000 2,803 8,000 - 10,000 sqft 4 3 17 3 3 56
$615,919 2,190 8,000 - 10,000 sqft 4 2.5 25 3 0 77
$427,107 1,789 6,500 - 8,000 sqft 4 2.5 5 4 1 38
$350,000 1,382 0.25 - 0.5 acre 3 2 44 2 3 56