Hilton Head Island · Real Estate Market Report
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The affordability index improved significantly, rising 27.6% from 58 to 74.
The $250,001–$350,000 range led with a 28.2% increase in pending sales.
The $750,001–$1,000,000 range sold fastest, averaging just 88 days on market.
Single-family homes sold faster — 104 days vs. 109 days for condos.
4+ bedroom homes led with a 14.6% increase in pending sales.
Pending sales rose 6.8% and closed sales grew 3.2%, but days on market surged 83.3%.
Single-Family Homes led inventory growth with a 5.7% gain.
Condo median prices dropped 32.5% to $337,500 — the specific cause is not explained in the data.
Days on market jumped 116.1% from 62 to 134 days — no specific cause is cited.
Luxury sales were strong — closed sales up 10.8%, though days on market rose 58.5%.
It means supply has tightened — strong demand outpaced inventory growth, signaling a competitive market.
Sellers received an average of 96.8% of list price — a 1.0% decrease from last year.