Home Prices for Hampton Lake in Bluffton March 2013
Real estate market data for Hampton Lake, Bluffton, SC provided by Susan Jacobsen of Premium Properties of Hilton Head through the Hilton Head Area Multiple Listing Service..
Hampton Lake Home Prices
After a glut of many short sales and foreclosures, at the moment there are only 11 homes on the market in Hampton Lake. They range in price from $275,990 to $599,876. David Weekley Homes is currently building the Courtyard Collection and the designs are being very well received. Also available in the community are several preferred builders. With 14 homes sold last year, it is easy to see that the inventory is still being slowly absorbed. By way of explanation, though there were only 14 homes that closed, the average days on the market was only 135 and the ratio of list price to sale price was 92% - which means that there are not a glut of homes and when they do come on the market, they sell.
Hampton Lake Homesite Prices
Though homesite prices are still a bit sticky and we're seeing some short sales, the developer has also been able to retain prices and actually sell at higher than foreclosed prices. Though in this community wooded lots originally sold in the high $100's and lake front sites sold in the high $300's, and there's no indication that those prices will return in the near future; nevertheless, the slow crawl out of the hole is definitely beginning. Don’t wait on the sidelines for too long. To make sure you don't overpay for your homesite, you'll want to be represented by a Realtor will will do a thorough market analysis of the Hampton Lake site on which you are making an offer and is familiar with the history of this community. If you have any intention of enjoying the resort style community of Hampton Lake, this is definitely the time to take advantage of picking up a homesite at a greatly reduced price.
There are currently 50 homesites on the market. The 13 homesites not directly waterfront range in price from as low as $29,900 to $76,900. Waterfront sites range from $85,000 to $162,000. When you consider that these sold in the beginning for a minimum of $249,000, it's an unbelieveable time to buy.
"It's all about the water". This has been the guiding mission statement since the creation of this community. Unlike any other community, Hampton Lake has a wide range of activities and amenities available. With a full service spa, state of the art fitness center, lazy river pool, adults only area with cabanas - and wi-fi, the art of living well is very much apparent here.
If you are a fishing enthusiast, the 'lake' is fully stocked with tiger bass, hybrid striped bass and bluegill. Hampton Lake has taken great pains to create a perfect environment for the fish - as well as the fisherperson. From the first year when they collected left-over and donated live Christmas trees and submerged them for great hiding and breeding places, to the constant study of the health of the lake, they have enlisted the aid of experts Don Keller and Barry Smith of American Sportfish.
If fishing isn't exactly your thing, perhaps you might enjoy sitting around a campfire at the Outpost Family Campsite. Take a boat ride over to this man-made island through the floating water-lilies and pitch your tent. Enjoy the permanent firepit and roast the best hotdogs, hamburgers but if you're in the mood for something a bit more elegant - use your cell phone to call Backwater Bill's Grill - they'll deliver! Also, in a nod to some convenience, there are permanent bathrooms with showers there too!
Find Homes for Sale at Hampton Lake
Visit my website to search for homes in Hampton Lake or to be notified when Hampton Lake homes come on the market.
To find out what you home is worth in the current market email me or call 843-384-0979.