Holden Beach Island Real Estate Stats:
Second Quarter 2023
Holden Beach, with its picturesque oceanfront views and pristine surroundings, continues to attract real estate buyers looking for their dream coastal property. As we delve into the second quarter statistics of 2023, it becomes evident that the market is thriving with a range of options available across various desirable locations. Below you’ll find the recent market trends and sales statistics for different property types in Holden Beach, with valuable insights for both buyers and sellers.
Oceanfront
During the second quarter of 2023, there were 2 oceanfront sales, with an average list price of $1,175,000 and an average sold price of $1,150,000. While the days on market averaged at 117.5, it is worth noting the high sales price to list price ratio of 98%, indicating strong demand and a competitive market. The average sold price per square foot stood at $746.75.
Second Row
The second row properties, just a stone’s throw away from the ocean, also boasted an impressive market performance. With 7 sales during the second quarter, the average list price was $1,368,142, slightly higher than the oceanfront properties. The average sold price was $1,351,857. These properties spent an average of only 11 days on the market, further emphasizing the desirability of this location. The average sold price per square foot stood at $510.04.
Canals
Holden Beach’s canal properties have always been sought after for their waterfront access and scenic views. In Q2 2023, the market for canal properties was vibrant, with 12 sales recorded. The average list price for these properties was $958,338, while the average sold price came in slightly lower at $926,963. The properties spent an average of 64 days on the market, indicating a reasonable amount of buyer interest. The sales price to list price ratio of 97% showcases the market’s stability, and the average sold price per square foot was $543.23, offering a competitive option for those seeking waterfront living.
ICW
In Q2 2023, a single sale was recorded on the Intracoastal Waterway, with an average list price of $1,200,000 and an average sold price of $1,160,000. The property spent an average of 66 days on the market, reflecting a reasonably active market for ICW properties. The sales price to list price ratio of 96.67% highlights a market that is favorable for both buyers and sellers. The average sold price per square foot stood at $548.72.
Dunes
The tranquil dune properties of Holden Beach also witnessed notable activity during the second quarter. With 5 sales recorded, the average list price was $745,580, and the average sold price was $686,600. These properties took longer to sell, spending an average of 195 days on the market. However, the sales price to list price ratio of 92% indicates potential opportunities for buyers to negotiate favorable deals. The average sold price per square foot was $455.87, providing an attractive option for those looking to invest in this serene environment.
Holden Beach’s real estate market in the second quarter of 2023 showcased a range of attractive properties across different locations. From oceanfront homes to canal properties, buyers have a variety of options to explore based on their preferences and budget. The market demonstrated stability, with high sales price to list price ratios across most property types. As the allure of coastal living continues to attract buyers, Holden Beach remains a compelling destination to invest in real estate. Whether you seek a beachfront retreat or a serene canal property, the market offers opportunities for both buyers and sellers to fulfill their aspirations in this coastal paradise.
