The Hilton Head Real Estate Market has been playing catchup from a sleepy spring as sales surge in the Months of May and June. Prospective purchasers are not taking a chance on time! They have been rewarded with selection and low interest rates!
If you would like to find out what’s available, just give us a call at (843)785-7111 or shoot us an email. With this activity, inventory will certainly change. After all, we are an Island that is 100% developed near the beach. We are certainly seeing negotiations firm up on the Island with multiple offers on properties that are priced right! Stay Happy and Healthy!
“Despite the forecast, live like it’s spring!”~Lilly Pulitzer
Hilton Head Island & BlufftonReal Estate News February 2020
How’s your Zestimate? Today, many property owners use Zillow to determine the value of their Hilton Head Property(or any other property). Did you know that as an owner you can claim your property on Zillow and correct any inaccuracies? As well, once a property is listed for sale, the listing agent can log in and make any corrections to the property. If you need any assistance in correcting your properties descriptions, just let me know.
Hilton Head Island & BlufftonReal Estate News February 2020
Twenty Twenty is going to be Awesome!!! Looking back on the market in 2019 we learned a few things that can help when buying or selling in the Hilton Head Market. Here they are in no particula order:
* The overall median price was up 3.4% in 2019. * Sellers received on average 96.8% of their selling price in 2019 * The number of homes available for sale dropped 12.1% in 2019. * Sales were up 5.6% by the end of 2019 in the Hilton Head Market * Distressed sales were a small player(1.6%)in the Hilton Head Market. * Sea Pines averaged 1 sale per day in 2019 (365 sales) * Non Gated Communities offered the lowest priced properties in 2019. * The average days on the market for all properties in 2019 was 170 days * Off plantation condos sold the fastest with 106 days on the market * Hilton Head Plantation was a close 2nd with only 113 days.
Buying vs. Renting a Second Home on Hilton Head Island.
Listed below are the Top 10 reasons to buy a second home on Hilton Head Island vs. renting one!
1. Your vacation dollars pay your mortgage not someone elses. 2. You can get a head start on on retirement with a foot in the door. 3. You may enjoy long term appreciation based on the history of ownership. 4. Your potential tax deductions could include mortgage interest and taxes. 5. You can have others pay your mortgage by renting your property. 6. You can take out the guess work of where you you will be staying. 7. You can travel light and leave all your stuff in the owners closet. 8. Your family and friend reunions will be easier. 9. You may be able to write off your trips to maintain your rental property. 10. Your health, Happiness and Quality of Life will improve with use!
If you would like to recieve a periodical update of the best second homes for sale on Hilton Hilton Head Island… let us know! We offer one stop shopping with our vacation rental company and realty company located at 12 New Orleans Road.
A New Decade in Real Estate on Hilton Head Island – The way in which buyers and sellers do real estate has changed over the past decade. Looking forward into the next decade we expect to see:
1. The buying and selling process to become even faster with new online technologies that will speed everything up. 2. Real Estate data will be eaiser to acces via the interenet making the market even more transparent to both buyers and sellers. 3. iBuyer platforms will make it seamless when selling one property to buy another. 4. The buying and selling experience will have less friction for all involved. 5. An agents role will move to that of a trusted advisor that assists buyers and sellers through the process of buying, selling and managing their property. 6. An agent’s local market knowledge will help buyers and sellers “localize” the vast information found on the internet.
At Hilton Head Properties Realty and Rentals we recognize that our clients are the heartbeat of every transaction. While we will embrace new technologies, we will never let go of the trust and relationships our clients have come to expect throughout the ownership experience!
Should you hire a team, company or individual to sell or buy real estate on Hilton Head Island? As an individual broker with an awesome assistant, listed below are the reasons we will beat a team every time. Here’s why. Read the rest of this entry
Some of our Hilton Head sellers may be a bit shell shy after the last few years with hardly a nibble, but given the current state of the market, sellers need to get back on the horse that threw them. Some sellers think they should take a break and this is the opposite of what they should be doing right now. Rising interest rates will slow down buyers and sellers need to take advantage of the current timing. The favorable factors for selling have gotten a whole lot better, and this is a sellers alert!
Last month, we had six homes over $2 million go “pending” on Hilton Head. This big jump in buyer activity for luxury properties on the Island is good news for high end sellers. With 6 sales in December 2017 compared to 1 sale the year before, this segment of the residential market is finally awakening. Based on this news, high end buyers and sellers on Hilton Head might want to get off the fence soon! See the market trend report below for more details why. Read the rest of this entry
Contrary to popular belief, the off season is a great time to buy or sell vacation properties on Hilton Head Island. Most sellers think that they need to list in the Spring and buyers often think they should plan their purchase with their summer visit. We have listed the best reasons why the off season on Hilton Head Island is a great time to buy or sell. Read the rest of this entry
Hilton Head Island, South Carolina – Real estate sales activity on Hilton Head Island jumped this past October. These big jumps in home and villa “Pendings” occurred in all price ranges. This increase in buyers activity has decreased the “Active” villas available for sale. Home inventories however, remain in check as sellers on the side lines re-enter the market. Read the rest of this entry
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