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PBREC Q1 Property Report 2026

Page 1

PALMETTO BLUFF PROPERTY REPORT

2026 FIRST QUARTER AT A GLANCE

– 2 02 6 F I R ST Q UA RT E R U P DAT E – total closed & pending

86 for $219.7M homes closed & pending

59 for $191.8M homesites closed & pending

27 for $27.9M Numbers reflect community-wide closed and pending sales

PALMETTO BLUFF REAL ESTATE COMPANY FIRST QUARTER

homes closed & pending

36 for $105.1M

homesites closed & pending

Q1 2026 has ushered in a clear resurgence across the Palmetto Bluff real estate market, building on last year’s activity with meaningful gains in transaction volume, overall dollar volume, and pricing. Early indicators point to sustained demand and growing confidence, positioning the market for a strong year ahead. • Market Momentum Accelerates: Transactions are up 48% year-over- year, with overall sales volume increasing by 44%, signaling strong early-year momentum. • Upmarket Pricing Continues: Average resale home prices have climbed to $3.64M, reflecting continued strength at the upper end of the market. •

Market Leadership: Palmetto Bluff Real Estate Company has maintained a leading position, representing 67% of all closed and pending transactions, alongside a 70.5% increase in transactions and a 64.5% rise in volume compared to Q1 2025—nearly doubling year-over-year.

• Inventory Expands, Demand Holds: While inventory has grown to start the year, buyer demand remains steady, with many properties moving quickly to contract. Overall, the first quarter reflects a healthy and active market environment, marked by increased participation, rising values, and strong absorption across both resale homes and homesites.

CURRENT ACTIVE RESALE LISTINGS HOMES

HOMESITES

Active Listings

51

6

Listed with Palmetto Bluff Real Estate Company

27

4

Listed with an Outside Firm

22

0

Average List Price

$3.2M

$1.09M

Median List Price

$3.0M

$795K

involved in

Average Price per sq ft

$908

of all closed & pending transactions

Average Days on Market

187

22 for $23.4M 67%

205

Active resale market accounts for 4.6% of all property in private hands


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PBREC Q1 Property Report 2026 by Palmetto Bluff - Issuu