Bluffton Market Holding Strong
The Bluffton market continues to show a mix of strength and adjustment as we move through the spring. Closed sales are up 6.4% year-over-year for March, with year-to-date sales rising 4.5%, a clear sign that buyers are still active and deals are getting done. At the same time, new listings are down roughly 12% both for the month and year-to-date, which is helping keep inventory relatively tight compared to what we’re seeing nationally.
Pricing continues to hold steady. The median sales price increased 10.5% year-over-year for March, with a more modest 1.5% gain year-to-date. Sellers are still achieving strong results, with homes closing at over 97% of list price. That said, days on market have risen significantly, now averaging 143 days for March. This reinforces what we’re seeing in real time—buyers are more selective, and proper pricing and presentation matter more than ever.
There are also broader forces worth watching. Ongoing geopolitical tensions, including the situation involving Iran, have introduced some uncertainty into the global economy. While events like these can influence interest rates and consumer confidence, it’s still too early to determine any meaningful impact on our local market. For now, Bluffton continues to operate largely on its own fundamentals, driven by lifestyle, migration, and long-term demand.
On a broader note, a prominent real estate agent in New York City was recently asked to name the next up-and-coming market outside of NYC. His answer was Bluffton, South Carolina. He specifically pointed to areas within a 30-minute radius of the Savannah airport as poised for continued growth. While that’s not new to those of us here, it’s encouraging to see Bluffton continue to gain national recognition.
Fortunately, Bluffton itself is largely built out and well established. Much of the future growth is expected to push outward toward the I-95 corridor, which should help preserve what makes this area so desirable while still benefiting from the expansion around us. At the same time, demand for Bluffton—especially within our core communities—remains strong, and we expect that to continue.
As always, if you’re considering a move or want to better understand how these trends apply to your property, we are happy to help.
Our Thanks,
Johnny & Jeff
