Author: Victoria

Cooler weather may be here, but the Lowcountry real estate market is still running hot! With summer crowds gone, locals are savoring festivals, lighter traffic, and everything our beautiful fall season has to offer.

Hilton Head Market Update

August brought a strong surge in activity on Hilton Head Island, with last month’s closings up 8% from last year . Year-to-date, sales have risen 15.35%, fueled by a 14.6% increase in new listings. The median sales price now sits at $1,150,000—an 8.7% jump from last year, reflecting steady demand for island living.

Bluffton Market Update

Bluffton showed mixed results in August. New listings climbed 5%, yet sales held steady with no increase over last year number of sales. The median home price remains around $555,000, while Days on Market rose 40% to 80 days, signaling more breathing room for buyers.

Herman & Davis Team Update

The last 30 days has proven to be a busy time for our team as we have put over $10 million in properties under contract. That momentum points to a promising start for the fall market especially when compared to last year!

Whether buying or selling, experience, market knowledge, and powerful marketing make all the difference. Let the Herman & Davis Team put our proven strategies to work for you. Our next success story could be yours!

The Hilton Head Island market continues to show strong momentum through the first half of the year. Year-to-date home sales are up 16% compared to the same period in 2024, reflecting sustained buyer interest and demand for coastal living. The median sales price has risen to $1,150,000, an 8.5% increase, signaling continued appreciation and buyer willingness to pay for quality homes in desirable locations. New inventory is also on the rise, with new listings up 14.2% year-over-year. Currently, 270 homes are actively on the market, a 37% increase from this time last year, offering more options for buyers and potentially more competition for sellers. This shift toward greater inventory suggests a more balanced market may be forming—one where pricing strategy, presentation, and condition are increasingly important for sellers looking to stand out.

Tips for Buyers:
• Take advantage of increased inventory—more choices mean less pressure and more room to negotiate.
• Focus on well-maintained, move-in-ready homes, which tend to hold long-term value and are still selling quickly.
• Don’t wait too long—prices continue to rise, and the best homes still move fast.

Tips for Sellers:
• Pricing strategically is key in this more competitive environment—buyers are savvy and inventory is growing.
• Presentation matters: homes that are well-staged, updated, and professionally marketed are achieving top dollar.
• Work with an experienced local agent who understands current market dynamics and how to position your home effectively.

As we move through the heart of summer, the Bluffton real estate market continues to show signs of transition. While sales dipped in July, overall year-to-date sales remain steady at 1,267, indicating consistent buyer activity over the course of the year. We’ve seen a slight decrease in the median sales price, which now stands at $547,940, and Days on Market have increased by 38%, suggesting that homes are taking longer to sell compared to last year. This trend is giving buyers more breathing room and creating a more level playing field. On the supply side, new listings are up 6.8%, and there are now 1,832 active homes on the market—the highest level we’ve seen in some time. This increase in inventory means more options for buyers and greater competition for sellers

From Where we Sit

The summer market is heating up, and Hilton Head Island is seeing strong momentum.
The residential market continues to perform impressively with new listings up 16%, overall inventory up 38%, and year-to-date sales climbing 11% compared to this time last year. The median home price has increased 12%, with properties averaging 60 days on the market. Meanwhile, the villa market is showing signs of softening. Sales are down 19% year-over-year, even as inventory has risen 8.5% — resulting in a doubling of available villas since 2023. The median villa price hovers around $500,000, and the average days on market is approaching 90 days.

In Bluffton, overall sales dipped slightly year-over-year (down 2.7%), the number of new listings rose by 7.5%, resulting in a 20% increase in available inventory — giving buyers more options than we’ve seen in quite some time. In fact, total inventory has more than doubled since 2023. The median home price currently hovers around $545,000, with properties averaging 80 days on the market.

Despite shifts in certain segments, demand remains strong for updated, move-in-ready homes and villas — especially in beachfront or gated communities. Buyers are motivated by lifestyle, limited availability, and long-term value. Today’s buyers are more selective than ever, making accurate pricing from the start essential. Homes that are well-staged and thoughtfully renovated continue to command premium prices, while those needing updates or priced above market tend to sit longer. At Herman & Davis Properties, we’re proud to report over $80 million in closed and pending sales in just the first half of 2025 — a record-setting pace that reflects both a thriving market and our proven strategy. Curious how these trends impact your home or investment? Let’s connect.