Collins Group Realty

Okatie, SC 29909

Single-Family Homes

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



Okatie, SC 29909

Mon Jun 24 2024
This week the median list price for Okatie, SC 29909 is $555,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 246. Click here to stay informed with the Okatie market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Okatie, SC 29909

Mon Jun 24 2024
This week the median list price for Okatie, SC 29909 is $555,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 246. Click here to stay informed with the Okatie market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Okatie market.
Median List Price $555,900
Median Price of New Listings $607,400
Per Square Foot $283
Average Days on Market 97
Median Days on Market 63
Price Decreased 57%
Price Increased 2%
Relisted 6%
Inventory 246
Median Rent
Market Action 36
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
$1,475,000 3,295 0.5 - 1 acre 4 4 12 3 1 112
$617,900 2,394 6,500 - 8,000 sqft 3 3 5 5 4 42
$504,950 1,866 6,500 - 8,000 sqft 2 2 9 2 7 49
$399,700 1,444 4,500 - 6,500 sqft 2 2 20 2 5 63