Fri Dec 01 2023
This week the median list price for Hilton Head Island, SC 29928 is $2,099,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 105.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,099,000|
|Median Price of New Listings||$1,147,500|
|Per Square Foot||$599|
|Average Days on Market||128|
|Median Days on Market||70|
|Slight Seller's Advantage|
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,275,000||4,836||0.25 - 0.5 acre||6||6||20||0||0||91|
|$2,625,000||4,503||0.25 - 0.5 acre||5||5.5||21||1||3||87|
|$1,759,500||2,836||0.25 - 0.5 acre||4||3.5||35||1||1||49|
|$949,000||2,097||0.25 - 0.5 acre||3||3||37||4||2||70|