Collins Group Realty's 2015 State of the Market Report | Page 14

In all, based on market observation and buyer
feedback, we found that the following positive
factors were the main drivers of market activity
this past year:

Average Days on the Market
140

120

• DEEPENED-ESTABLISHMENT of more and

100

more residential communities and neighborhoods
throughout the area;

DAYS

80

• Buzz, activity and appeal of the wide-array of
COMMERCIAL/BUSINESS/ENTERTAINMENT
OFFERINGS;

Homes
Villas

60

40

BLUFFTON
HOMES
SELLING
QUICKER

20

• Increased marketing efforts by the growing number
of NEW developments/communities;

0
2010

• STRONG RELATIVE VALUE of offerings on the
Mainland vs. on the Island;

2011

2012

2013

2014

Sales by Price Range

• Attraction of buying a NEW or NEWER HOME;
• Eased mortgage lending practices, with STILL
RECORD-LOW INTEREST RATES; and,

(9%)
(64%)
$100,000 - $300,000
Below $100,000
$100,000
$300,000 --$300,000
$500,000 (19%)
$300,000 - $500,000
(6%)
$500,000 - $750,000
- $750,000
$500,000
$750,000 - $1,000,000
$750,000 - $1,000,000 (1%)
Over $1,000,000
Over $1,000,000
(1%)
Below $100,000

• CENTRALITY AND CONVENIENCE of the
market-area location between HHI, Beaufort &
Savannah.

2014 marked an exciting year for the
greater-Bluffton marketplace, creating a
hot-bed of activity that will yield benefits for
years and years to come!

2014 Home Sales by Neighborhood

$800,000

$700,000

$600,000

Avg Sales Price

$500,000

$400,000

$300,000

$200,000

$100,000

$0

Avg Sale Price
# of Sales

14

Bluffton
Park
$168,879
40

Belfair
$590,784
37

State of the Market

Berkeley
Hall
$682,950
22

Colleton
River
$737,067
21

Hampton
Hall
$465,130
44

Island
West
$323,200
15

Moss
Creek
$360,525
54

Oldfield
$552,527
15

Old Town
Bluffton
$268,583
14

Rose Hill

SunCity

Crescent

$355,707
37

$252,348
447

$375,298
25

The
Farm
$146,106
27

Westbury
Park
$192,283
27

Off
Plantation
$226,331
709