Over the past year, residential real estate sales in Bluffton have perked up and continue to pace forward as we start the New Year.

For the most part, 2015 was a great year for residential real estate in the Bluffton and Hilton Head area. Market statistics (as of Dec. 10, 2015) provided by the Hilton Head Area Association of Realtors indicate that sales were up almost 20 percent, and the median sales price increased by about 8 percent.

Here are some additional market area statistics that might be of interest to you:

  • In the Bluffton area, new listings were up 17.3 percent, closed sales up 18.8 percent, median sales price up 8.6 percent, and the percent of list price received was 97 percent.
  • In Sun City and Riverbend, new listings were up 5.4 percent, closed sales nearly the same as last year, median sales price up 9.1 percent, and the percent of list price received was 97.5 percent.
  • In Oldfield, new listings were down 2.9 percent, closed sales up 28.6 percent, median sales price up 29.3 percent, and the percent of list price received was 96.4 percent.
  • In Moss Creek, new listings were up 12.5 percent, closed sales up 5 percent, median sales price up 10.6 percent, and the percent of list price received was 94 percent.
  • In Hampton Hall, new listings were the same as last year, closed sales up 42.5 percent, median sales price up 20.7 percent, and the percent of list price received was 96.5 percent.
  • In off-plantation Bluffton, new listings were up 18 percent, closed sales up 26.8 percent, median sales price up 12.7 percent, and the percent of list price received was 97.2 percent.

If you would like to see the 2015 market area statistics for your plantation or development, please contact your favorite local real estate expert for a current market update.

If you would like to know the value of your home in today’s real estate market, ask your agent to include that information as well.

Speaking of home values, as of Dec. 18, what do you think was the asking price of the most expensive listing in the Bluffton area? And where was that home located?

Wishing you a Happy New Year, and great real estate values and experiences in 2016.

Larry Stoller is a real estate consultant and advertising executive who loves living in Bluffton and helping real estate agents and sellers get homes sold.