Charter One Realty Blog

As fall winds down and winter approaches, the real estate market continues to follow typical seasonality trends. After a year of record-setting activity, homes are still selling quickly and at a steady pace, and strong demand and low inventory help ensure the market will remain competitive for some time to come. Although sales prices continue to rise and interest rates are trending higher as well, home sales activity remains strong as we enter the holiday season.

Hilton Head & Mainland Real Estate Market Update - November 2021

For the 12- month period spanning December 2020 through November 2021, pending sales in the Hilton Head region were up 4.8 percent overall. Market-wide, inventory levels were down 50.7 percent. The property type that lost the least inventory was the condo segment, where it decreased 34.9 percent. That amounts to 0.9 months supply for single-family homes and 0.9 months supply for condos.

View the full report here. 

Hilton Head Island Homes - Real Estate Market Snapshot - November 2021

Year to date in 2021, new listings of homes for sale on Hilton Head were down -13.0 percent overall. Closed home sales on Hilton Head were down -4.0 percent and the median sales price increased +25.8 percent. Inventory levels of homes for sale were down -54.7 percent compared to November 2020. 

Hilton Head Island Condos/Villas - Real Estate Market Snapshot - November 2021

Year to date in 2021, new listings of condos/villas for sale on Hilton Head were up +13.3 percent overall. Closed condo/villas sales on Hilton Head were up +12.9 percent and the median sales price increased by +17.8 percent. Inventory levels of condos/villas for sale were down -41.1 percent compared to November 2020. 

Mainland Homes (29910 and 29909) - Real Estate Market Snapshot - November 2021

Year to date in 2021, new listings of homes for sale on the Mainland were down -3.4 percent overall. Closed home sales on the Mainland were up +14.3 percent and the median sales price increased by +15.3 percent. Inventory levels of homes for sale were down -61.8 percent compared to November 2020. 

Beaufort Area Real Estate Market Update - November 2021

For the 12-month period spanning December 2020 through November 2021, Pending Sales in the Beaufort region were up 8.6 percent overall. Market-wide, inventory levels were down 53.3 percent, amounting to 0.9 months supply for single-family homes and 1.0 months supply for condos.

Read the full report here.