Latest Market Report

Posted by Kim Ciuffreda on Monday, September 19th, 2016 at 1:41pm.

 Written By:  Melanie Lutkowski

In Beaufort County the warm southern breeze carries a new energy.  A storm of new businesses are rolling in with the tides and striking the market like lightning.  You can feel the boom in the town of Bluffton.  This charming historic town has welcomed a flurry of new businesses and continued growth and development is anticipated.  Nestled by the May River, this quaint city offers a piece of history wrapped in beauty and developed for success. 

As rental prices continue to elevate we are seeing more people turn to home ownership.  While the county is showing an influx in buyers, the need for more inventory continues.  This is likely why we have seen a steady climb in building permits. 

With the availability of new listings needed the market welcomes sellers. Over the past year area sales have seen an overall increase of 7.6%.  The greatest upsurge was shown to be homes that were listed between $225,000 and $375,000.  Properties with pending sales in this range increased 18.1%.  Homes listed within the $100,000 - $225,000 range are the most eagerly sought and move off the market rapidly.

Are you ready for a change? At Foundation Realty we bring buyers and sellers together and ensure you receive the best value for your dollar.  Our marketing plan is innovative and ensures maximum exposure of every listing.  If you are ready to buy or sell, we are ready to help!  Call us today!

Full Report - Click Here

Other helpful links:
 Hilton Head Island Area
 Bluffton Area   
 Mainland Report
 Supply Overview

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