Press play on the video below for an update with the latest stats and details as well as insight on the Oldfield real estate market.

1. Consistent Demand: Demand for properties, including homes and villas, remains robust across the Lowcountry.

2. Softening of Competitive Bidding: While demand remains strong, there is a noticeable decrease in competitive bidding, signaling a slight shift in market dynamics.

3. Increased Inventory and Stable Prices: Inventory levels have risen, leading to a stabilization of prices. Factors such as capital gains and a perceived plateau in prices contribute to this trend.

4. Migration Trend: The Lowcountry’s area, particularly Bluffton, continues to attract residents from various regions, drawn to the amenities and lifestyle offerings.

5. Infrastructure Improvements: Ongoing infrastructure enhancements, such as new parks and sports facilities, enhance the appeal as a residential destination.

6. Great Place to Visit and Retire: World class golf, tennis, pickleball, and beaches attract both visitors and residents.

7. Stable Sales and Pricing: Despite inventory challenges, sales are expected to remain healthy, and prices are anticipated to hold steady, with a slight uptick in inventory projected for the Spring.

In summary, the real estate market in the Lowcountry is characterized by sustained demand, stable pricing, and positive growth prospects. It was disappointing to see the Fed hold steady at their latest meeting, but we anticipate a rate cut in June and hope this will help with the high interest rates we’ve been fighting.

Whether you are buying or selling, we would love the opportunity to assist you with your real estate needs.

Our Thanks,

Johnny & Jeff

Contact Jeff

843-247-8500

Jeff@UsseryGroup.com