Is Seabrook Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Seabrook Island has remained a Seller's Market.
Housing Prices in Seabrook Island, SC
How much do homes in Seabrook Island, SC cost?
Median Sold Price
$835,000
$547/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Seabrook Island was $835,000 in May 2024, down 0.5% from last year, and the median price per square foot was $547.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $409.5K | -1.3% |
2 Bedrooms | $643K | $600K | -6.7% |
3 Bedrooms | $987K | $1.0M | +8.8% |
4 Bedrooms | $1.4M | $1.7M | +24.8% |
5+ Bedrooms | $1.4M | $2.3M | +58.6% |
Summary: Seabrook Island housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 58.6%.
Median Sold Price Compared To Nearby Cities
Kiawah Island-Seabrook Island | $997.5K | $994.5K | -0.3% |
Seabrook Island | $839K | $835K | -0.5% |
Kiawah Island | $1.4M | $1.3M | -9.6% |
Housing Supply in Seabrook Island, SC
How many homes are available in Seabrook Island, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
91 | 93 | +2.2% |
Summary: The Seabrook Island real estate market had 93 homes for sale in May 2024, a 2.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 10 | -9.1% |
2 Bedrooms | 25 | 22 | -12.0% |
3 Bedrooms | 23 | 26 | +13.0% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Seabrook Island housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Seabrook Island in May 2024, up by 38.9% month-over-month. Of the 25 sold homes, 80% were sold under asking, 16% were sold at asking, and 4% were sold over asking.
Days on Market for Seabrook Island, SC
We’re sorry, we don't have information for this market at the moment