The latest news and market trends in the Bluffton Hilton Head market.


Today, let’s take a closer look at the real estate trends for February 2023 in the Bluffton Hilton Head Area. The good news is that home prices are trending up slightly, by 3.2% year over year. However, this number is trending down since January. In our previous update, we mentioned that this trend would continue and stabilize sometime in the summer.

Pending sales are down 17% year over year. However, the number is not as bad as it was in January, so demand slightly increased in February compared to the previous month.

Listings are down 18% year over year, which is significantly lower than the number in January. This means that supply and demand are much more balanced this month than last month. This balance was realized in the sale-to-list-price ratio, which was up slightly in February—98% compared to 97.6% in January. As far as how long it takes to sell a home, the trend continues to go up slightly, by 46% year over year.

This is a broad market overview, and it's important to note that it will be different for you and your neighborhood. If you want to know how this impacts you and your house, please call our team of experts. We are here to help you navigate the market and make informed decisions.