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The State of the Wexford Real Estate Market - May 2018

Monday, May 14th, 2018 at 8:18am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

Wexford

Wexford real estate is changing and while the market can be tough to navigate, knowledge truly is power. Whether you are considering selling or not, being well informed about the market you live in is as valuable as your most hard-earned asset - your home. This Wexford real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares home sales from previous months, discusses supply and demand and shows the status of the homes in Wexford Plantation.

In Wexford Plantation, five homes closed in the first four months of 2018, compared to the six homes which closed during the same period last year. So far in 2018, the total dollar volume was $4,230,000, down compared to $6,754,500 in 2017. Supply and demand: as of May 1st, 2018, there are 30 Wexford homes listed for sale with an average of 1.17 homes selling per month over the last six months. That translates into a 25.64-month supply, considered by industry experts to be a very strong buyer’s market. There are eight homes under contract in Wexford. 

 

    

 

 

About the Community

Wexford is one of South Carolina's most unique private golf communities. This established community offers yachting opportunities in its elaborate 37.5-acre harbor, as well as an exclusive 18-hole championship golf course. Wexford also features a renovated complex with fabulous dining options, a swimming pool, a racquet club, and a children's playground. This "mini-Venice" takes great pride in its reputation as a friendly, active, family-oriented community. Instead of focusing on public resort facilities, the community offers a distinctive private lifestyle right in the midst of the Island's natural beauty.

The Venice Connection

Wexford's "Venice" connection distinguishes it from all other private golf club communities in the state. Just like the famed city of Venice in Italy, large canals weave through the entire community and residents can dock their yachts or boats behind their homes, travel out to the Intracoastal Waterway or visit fellow residents by boat. The canals are part of the singular, locked Wexford harbor that is free of tides.

A spectacular view of spacious, uniquely landscaped homes located on the glassy harbor will greet you as you enter the community. Right behind the homes, the large yachts and smaller boats are tied at each home's private harbour-front slip. Seven wonderfully designed stone bridges cross this harbor taking residents to their islands-in-the-harbour homes.

Golf at Wexford

The creative team that developed the community hired the services of renowned golf course architect and land planner Willard Byrd to conceive and design the course. Byrd drew his inspiration from the inland canals of Ireland, featured in a National Geographic article, to design the community and the course. He designed a concept for a lock-controlled harbor, enveloped by a beautiful golf course, and interspersed with residences.

Architectural Magnificence

As a result of Byrd's vision, homes in Wexford were designed to front either the harbor, the golf course, the marshes, or an interior lagoon. The architectural theme traces its roots back to the British West Indies, which is a reflection of the post-revolutionary war history of Hilton Head Island. Wexford possesses some of the most magnificent, refreshing home designs in the Hilton Head area. The joy here is relishing in the fact that no two homes are the same.

 

 

 

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