Bluffton Single Family Homes Real Estate Market Update

The Bluffton Real Estate's Executive Summary

Reported by The Prestige Real Estate Group

The median list price of Homes for sale in BLUFFTON,SC 29910 this week is $359,450. There is a total of 402 properties that have been on the market for an average of 167 days. Inventory in the Bluffton Real Estate market has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. 

Bluffton Real Estate Supply & Demand

The Bluffton Real Estate market has shown some evidence of slowing recently. Both in prices and inventory levels are relatively unchanged in recent

weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

In the last few weeks we've seen Bluffton single family home prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Inventory of Bluffton Properties Listed for Sale

Inventory of single family homes in Bluffton has been falling in recent weeks. Note that declining 

inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

The Bluffton 29910 market is currently in the Buyer's Advantage zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 27.78 so buyers should expect to find reasonable levels of selection.

Three of the four quartiles of this zip code are in the Seller's Market zone with relatively low amounts of inventory given the

current levels of demand. It's not uncommon that the premium segment of the market takes longer to sell than the rest of the

group.

Residential house prices are a function of supply and demand, and market conditions can be characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage zone (below 30) for a long period, prices are likely in for a downward correction.

The Bluffton properties have been on the market for an average of 167 days. Half of the Bluffton listings have come newly on the market in the past 112 or so days.

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Search Bluffton  Home Listings 

• Bluffton New Listings (61)
• Bluffton Foreclosure Listings (31)
• Bluffton Short Sale Listings (31)
• Bluffton Single Family Homes for Sale (643)
• Bluffton Condos & Townhomes for Sale (48)
• 
  

The Prestige Real Estate Group is a Georgia & South Carolina real estate agent team. Owned by Carletha Frazier Singleton. Carletha started in the Real Estate industry in 2004. The Prestige Real Estate Group Specializes in New Construction Homes, 1st time home buyers, Military home Buyers & Sellers, Short sales & more. Interested in selling a home in Bluffton or Buying a home in Bluffton? Call The Prestige Real Estate Group today! Buyer Consultations: 843-321-9317 Seller Consultations: 843-564-3414 Rental Consultations: 843.473.7645

The Prestige Real Estate Group
Carletha Frazier Singleton

Office: 912.748.4600

Email

All information is provided as a courtesy and is considered reliable, however not guaranteed. Estimates and rounding may apply.