Collins Group Realty

Okatie, SC 29909

Single-Family Homes

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


Okatie, SC 29909

Fri Jul 26 2024
This week the median list price for Okatie, SC 29909 is $545,000 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has decreased to 237. 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 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.

Okatie, SC 29909

Fri Jul 26 2024
This week the median list price for Okatie, SC 29909 is $545,000 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has decreased to 237. 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 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 Okatie market.
Median List Price $545,000
Median Price of New Listings $576,230
Per Square Foot $281
Average Days on Market 108
Median Days on Market 77
Price Decreased 58%
Price Increased 6%
Relisted 5%
Inventory 237
Median Rent
Market Action 34
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
$1,399,000 3,146 0.5 - 1 acre 4 4 13 2 5 119
$599,999 2,306 6,500 - 8,000 sqft 3 3 5 6 7 42
$504,900 1,840 6,500 - 8,000 sqft 2 2 12 2 2 70
$391,500 1,444 4,500 - 6,500 sqft 2 2 20 5 5 73