When is the best time to buy real estate on Hilton Head Island?
Real Estate is moving again on Hilton Head Island!
We guage our business by our phone. The phone is ringing again and already this year we have sold 4 properties. Every indication shows that the pent up demand and consumer confidence will drive the market forward in the first six months on Hilton Head Island.
Inventory levels will start dropping on Hilton Head by summer!
The market will most likely level off by summer, as we eat through some of this incredible inventory. We will have difficulty meeting demand in the under $400,000 price point for Hilton Head Island villas and homes by summer. As the market is building from the bottom up, we expect greater activity in the $400,000-plus market as more homeowners realize the stimulus is for them. In fact, the high-end luxury market has shown an increase over the last 30 days and we should see these sales steadily climb into 2010.
The statistics show the market is improving on Hilton Head!
Below are the sales comparisons for 2008 and 2009 for Beaufort County. Although the year end totals are lower for 2009, it is clearly evident that the market has made the turn based on the last few months of sales and is building momentum.
Sales Statistics for BEAUFORT County South Carolina
Realist’s most recent recording date for this county is 01/05/2010
Single Family Residences in Beaufort County
Sales Statistics for BEAUFORT County SC
Realist’s most recent recording date for this county is 01/05/2010
Single Family Residence Sales for Beauforty County
Time Period Number of Sales
Nov 2009 229
Nov 2008 160
Oct 2009 270
Oct 2008 266
Condominium Sales for Beaufort County
Time Period Number of Sales
Nov 2009 69
Nov 2008 43
Oct 2009 56
Oct 2008 55
We see opportunity everywhere on Hilton Head Island.
My company is selling Real Estate on Hilton Head Island! With over $10 million per month for the last four months we are building momentum. There are currently properties offered for sale that are priced significantly less than they were two years ago and are priced below market today. If you would like to recieve a list of these properties, please email us at robbie@robbiebunting.com . 2010 is all about timing and we look forward to working with you to achieve satisfaction and results.
All the best,
Robbie Bunting & Jane Hyers
800-932-3652
Recent Comments