The Hilton Head Island real estate market is having a reasonably good year through the first quarter of 2019. The mood of the market is largely positive and all price points are selling. Closed transactions are running a little behind last year's stellar pace which isn't too surprising.
The number of homes sold on Hilton Head Island in the first quarter of 2019 decreased 7.4 percent compared to last year, but the median sales price increased 5.3 percent to $554,972.
The median sales price for villas on Hilton Head Island increased 5.3 percent to $250,000 as the number of closed transactions dipped 3.6 percent from the previous year.
In Sea Pines, home sales in the first quarter of 2019 were down 10.9 percent, yet the median sales price…