Midway through the year, real estate sales on Hilton Head Island are having a fairly good year when compared to this juncture last year. The general mood of the market is upbeat and positive. All price points and all types of properties are selling and those that are new, or renovated like new, are finding the most attention with buyers.
Island-wide, home sales have increased 19.4 percent while the median sales price has gained only 1.9 percent. Villa sales are doing better with an increase in closed transactions of 10 percent and the median sales price increasing by 12.3 percent, from $216,450 to $243,000.
Home sales in Sea Pines increased by 10.5 percent but median sales price has been nearly flat with a 1.1 percent gain. Coming on the…
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