Collins Group Realty

Hilton Head Island, SC 29926

Condos/Townhomes

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


Hilton Head Island, SC 29926

Fri Dec 01 2023
This week the median list price for Hilton Head Island, SC 29926 is $349,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 51. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hilton Head Island, SC 29926

Fri Dec 01 2023
This week the median list price for Hilton Head Island, SC 29926 is $349,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 51. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Hilton Head Island market.
Median List Price $349,000
Median Price of New Listings $435,000
Per Square Foot $323
Average Days on Market 102
Median Days on Market 56
Price Decreased 51%
Price Increased 0%
Relisted 2%
Inventory 51
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$1,047,500 1,942 - 3 2 26 2 1 49
$375,000 917 - 2 2 39 1 1 42
$325,000 1,025 - 2 2 39 0 0 84
$224,000 1,025 - 2 2.5 41 2 1 77