Tagged : Hilton Head Island real estate RSS Feed

Found 5 blog entries tagged as "Hilton Head Island real estate".

Photo by David Love of Hilton Head Beach

We're thrilled to report the real estate market on Hilton Head Island experienced a spectacular year in 2020. The national trend of folks pursuing a higher quality of life with access to nature and outdoor activities, coupled with the ability to work from anywhere, has produced the 2nd busiest year on record for home and villa sales on the Island. And as the year progressed, and inventory levels dwindled to record lows, the Island's pricing malaise of the last several years was finally broken.

Home sales on Hilton Head Island rocketed up 46.8% from the previous year and the median sales price increased 11.8% to $625,000. The strength of the market came from buyers putting a premium on the need for extra living space, both indoors and out. A total of…

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David Love Photography

We're pleased to report the real estate market on Hilton Head Island is having the most successful year in home and villa sales since 2005. And by most accounts, the island hosted its busiest summer tourist season in memory. With pristine natural beauty, open spaces and an array of outdoor activities, Hilton Head Island is proving to be the rejuvenating respite folks are looking for. In fact, the readers of Conde Nast Traveler's have just named Hilton Head Island the best island in the U.S. for the fourth year in a row!

Home sales around the Island jumped 30.2% year-over-year and the median sales price increased 11% to $605,000. Inventory is down 48.1% from this time last year.

Island-wide, villa sales are slightly ahead of last year and up…

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Sea Pines Stoney Creek Marsh

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…

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SUNRISE ON Hilton Head

We're pleased to let you know the real estate market on Hilton Head Island experienced another year of measured growth and stability through 2018. The market didn't appear to favor either the buyer or the seller as both sides were sensitive to price and value. The exception to this could be found in new home construction which continues to show solid demand. Buyers also had a clear preference for renovated homes and villas in turnkey condition.

Sales of homes on Hilton Head Island were stong in 2018 with an increase in transactions of 16.8 percent but the median sales price dipped slightly by .2 percent to finish out the year at $534,000.

Villa sales islandwide ticked up 1.1 percent from the previous year while the median sales price increased…

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low tide at Baynard Park in Sea Pines on Hilton Head Island

Robert J. Shiller, Sterling Professor of Economics at Yale University, has made a name for himself over the years with the S&P/CoreLogic/Case-Shiller National Home Price Index. He's acclaimed for tracking national real estate trends and issuing warnings about the market when he thinks it's overheating.

In his recent article, "The Housing Boom Is Already Gigantic. How Long Can It Last ? published in the New York Times, Professor Shiller has just raised a red flag of warning from the data he's collected and freshly analyzed. He says, "We are, once again, experiencing one of the greatest housing booms in the U.S. history," and, "The data can't tell us when prices will level off, or whether they will plunge catastrophically. All we do know is that…

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