Collins Group Realty

Hilton Head Island, SC 29926

Single-Family Homes

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


Hilton Head Island, SC 29926

Thu Dec 26 2024
This week the median list price for Hilton Head Island, SC 29926 is $912,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has decreased to 64. Click here to stay informed with the Hilton Head Island market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hilton Head Island, SC 29926

Thu Dec 26 2024
This week the median list price for Hilton Head Island, SC 29926 is $912,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has decreased to 64. Click here to stay informed with the Hilton Head Island market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hilton Head Island market.
Median List Price $912,000
Median Price of New Listings $864,000
Per Square Foot $378
Average Days on Market 80
Median Days on Market 53
Price Decreased 44%
Price Increased 3%
Relisted 2%
Inventory 64
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,860,000 4,451 0.25 - 0.5 acre 4 4.5 20 0 1 91
$1,124,500 2,679 0.25 - 0.5 acre 3 3 31 3 0 56
$847,000 2,158 0.25 - 0.5 acre 3 2.5 35 5 0 24
$664,500 1,953 4,500 - 6,500 sqft 3 2.5 20 0 2 49