Hilton Head Island Real Estate Market Update – March 2025
Hilton Head Island continues to be one of the most desirable coastal markets in the Southeast, drawing buyers with its natural beauty, strong community, and high-quality lifestyle. As we move into March 2025, it’s time to assess the latest real estate trends and provide a data-driven update on the market’s performance over the last month.
One of the most notable shifts this month is the increase in average days on market (DOM). The average DOM rose 9.7% from 72 days last month to 79 days currently. While this might raise concerns for some sellers, it’s important to maintain perspective—over the past decade, the average cumulative days on market (CDOM) has been 135 days, making 79 days still an impressive figure by historical standards.
The list-to-sale price ratio has also seen a positive shift. Properties are selling for 95.5% of their original asking price this year, up from 94.5% at the same time last year. This suggests continued strong buyer demand, particularly for well-priced and well-presented properties.
The pace of new listings has increased, contributing to a slight rise in available inventory. Year over year, inventory levels are up 5.5%, climbing from 673 properties for sale this time last year to 710 currently. This increase provides more choices for buyers, though the market remains competitive.
Closed sales this month reached 127 transactions, up 9.48% from 116 sales at this time last year. With 710 properties on the market and an average of 123 homes selling per month, Hilton Head Island currently sits at 5.5 months of supply—a key figure in measuring market balance. Anything under six months of inventory is generally considered a seller’s market, though this number had been creeping up in recent months before sharply moving downward this month. While one data point doesn’t confirm a new trend, it’s certainly something I will be watching closely.
The median sale price on Hilton Head Island has surged at the start of 2025. Year-to-date, the median price sits at $1,350,000, reflecting a 24% increase from the $1,087,500 where 2024 ended. However, this does not necessarily indicate a 24% rise in property value. Instead, it suggests more activity in the higher-end segments of the market. Historically, shifts in the luxury market have often been early indicators of broader market trends, making this a key area to monitor.
Despite economic uncertainties and the historical effects of general election years on property values, 2024 ended as another record-breaking year for Hilton Head real estate. With ongoing changes in government policy and economic conditions, 2025 is shaping up to be another year where market watchers will need to stay especially attentive. If you’re considering buying or selling on Hilton Head Island, understanding these trends can make all the difference in achieving your real estate goals.
Stay tuned for next month’s update as we continue to track the data and market shifts in real time.
Dan Prud’homme is the Visionary & Success Coach of The Prudhomme Team at William Raveis Real Estate. dan@danprudhomme.com, www.theprudhommeteam.com
