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Found 3 blog entries tagged as "Homes".

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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Sunrise over the Calibogue Sound

We're pleased to say the real estate market on Hilton Head Island continues to do well and is showing signs of confidence as we progress through the year. When compared to the same time period as last year, some market segments on the island are performing well with closed sales and appreciation while other segments are doing what they can to hold on to the gains from the previous year.

Island-wide, home sales are moving at a brisk pace with closed sales up 18.6 percent. However, the median sales price has dipped slightly by 1.9 percent to $530,000. 

The villa market on Hilton Head Island is having a great year with closed sales up 5.5 percent and the median sales price appreciating by 10.5 percent to $243,000.

Home sales in Sea Pines are…

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Sea Pines Tower Beach

 

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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