Collins Group Realty's 2015 State of the Market Report | Page 15

Bluffton has set the stage for another VERY solid year of sales, growth and development in 2015! As the greater-Bluffton marketplace solidly “holds its own” independent of the Island, we expect that 2015 is poised to provide another outstanding year of sales performance across the board in the community’s various neighborhoods. Here are the guiding factors we expect to see at-play in the coming months: Low Inventory Paired with High Demand: Bidding wars and single-digit days-on-market scenarios will continue to put sellers in the driver’s seat, especially in the under $350-400K market segments. Buyers found themselves scrambling amidst these seller’s-market conditions in the under-$200K price-point in 2014, and with that inventory nearly non-existent, it’s safe to expect the same trend will flow up the price-chain in 2015. More Local Moves: We expect to see a continued increase in the number of sell-then-buy scenarios among established residents in the greater Bluffton market. Up-sizing, down-sizing, location-hopping, etc. will add nicely to the already-steady sales volume throughout the area, especially as home values stabilize and increase in a growing number of markets. Favorable Taxes and Insurance Costs: As more and more buyers review their options on both sides of the Wilton Graves Bridge, we are starting to see a segment of the 2015 bluffton outlook by Chip Collins, Owner and Broker-in-Charge buyer audience favor the mainland for its relatively-lower fixed ownership costs, and we anticipate that 201 ԁݥ