In the 25 years of selling real estate on Hilton Head Island, I have seen buyer cycles come and go.  Although this cycle may appear longer or deeper than the others, it too shall pass.  One thing I have found in these cycles is that the very best real estate deals are often struck when the news in the papers is really, really bad.  That said, the recent NYT article “Widespread Fear Freezes Housing Market” triggers another good reason to buy real estate on Hilton Head.  While it may have made every buyer and seller shudder, one agent said it perfectly when he stated “Do the opposite of what they say in the newspapers when you buy and sell real estate on Hilton Head Island and your timing will always be good”…and the local numbers support the reasons why! Read the rest of this entry

A Hilton Head Market Study by Area

Recent market reseach compiled by our Hilton Head Island Area Association of Realtors and the Multiple Listing Service of Hilton Head allows us to share with you important market information about each area on and off Hilton Head Island.  This market research gives us a snapshot of what has been happening areas around Hilton Head Island. 

The Hilton Head Market Reports include: 

• The Number of New Listings
• The Number of Closed Sales
• Median Sales Price*
• Percent of List Price Received at the sale
• Average Days on Market Until Sale
• Inventory of Homes Currently for Sale

Please find your area and click on the link below for more information and important market research: 

• July Sun City and Riverbend
• July Rose Hill
• July Belfair
• July Colleton River
• July Moss Creek
• July Bluffton Off Plantation
• July Hilton Head Off Plantation
• July Windmill Harbour
• July Spanish Wells
• July Indigo Run
• July Palmetto Hall
• July Hilton Head Plantation
• July Port Royal
• July Folley Field
• July Palmetto Dunes
• July Long Cove
• July Wexford
• July Shipyard
• July Forest Beach
• July Sea Pines
• July Sea Pines

If you would like for us to review the information above with you, please email us at robbie@robbiebunting.com or call us direct at 800-932-3652.  We look forward to talking with you about these statistics and how they are important.  Kind regards,  Robbie Bunting

Dear Clients, Friends and Fellow Associates~

Below is our Hilton Head Monthly Market Trend Report for July 2010.  This report is exactly what it’s name implies; it’s an “at a glance” report of current Home, Villa and lot trends for Hilton Head Island. 

This market research tells us where the most robust (busiest) price segments of the market are – i.e. it will tell us where the activity is and where it is not.  It shows the number of listings and the sales that occured last month in each pricing segment.  It also shows negotiatiability, the average listing to sale price, the days on the market and the number of months of inventory.  The last column shows the increase or decrease in the remaining months of inventory from the month prior and helps us spot possible trends.  Take a look below and than call us to explain how this report applies to the timing of your Hilton Head Island purchase or sale. Read the rest of this entry

Hilton Head Sellers and Buyers must be aware of the “Principle of Substitution”

Sellers and buyers on Hilton Head need to be aware of the “Principle of Substitution” as it can either kick them in the butt or help them negotitate an incredible deal.  This simple principle states that when several similar properties are available, the one with the lowest price will get the greatest demand. This principle also assumes there is not much time between the comparison of the properties.  In other words, the lowest priced property will always sell first when it comes up on the market. Read the rest of this entry

Dear Clients, Friends and Fellow Associates~

We have been tracking the market for two years now by compiling a Monthly Market Trend Report like the one below for May 2010.  This report is exactly what its name implies; it’s an “at a glance” report of current Home, Villa and lot trends for Hilton Head Island.  Read the rest of this entry

April 12, 2010 by cloeffler ·

While they dominated the housing market in 2009, first time home buyers weren’t the only ones taking advantage of low mortgage rates and affordable home prices.

According to recent survey by the National Association of Realtors®, the number of people buying second properties as vacation homes rose 7.9 percent to 553,000 in 2009 from 513,000 in 2008.

The market share for vacation homes rose to 10 percent, from 9 percent in 2008, and the median home price for a vacation home was 169,000 dollars in 2009, compared to 150,000 dollars in 2008.

Read the rest of this entry

How far is Hilton Head Island from where you live?  Many of our guests and clients can hop in  a car and drive to the Island from where they live in just one day.  It is often an easy drive.  So how far is Hilton Head Island from where you live?  Check it out below:

Read the rest of this entry

A different kind of Real Estate Company 

Some companies are not really companies, but a group of individuals that all do their own thing.  My Hilton Head real estate company is different.  The best way to describe my company is to think about a swim team.  Each race is individual to the specialist, but when it comes time to practice we all work together.  Of course, when we go head up against another company we always do our individual best and sometimes pull in the team to help us get the job done.  We are alway one of the top companies in any area of the Island. Read the rest of this entry

The signs on Hilton Head Island

Blooming azaleas, buyer appointments, phones ringing and multiple offers are all signs that Hilton Head is clearly in recovery.  Although, the recovery will be more of a campaign than a flip of a switch, it is now taking place.  Sellers are finally listening to their agents, buyers are finally stepping up to these properties with confidence and it is now GAME ON.  Read the rest of this entry

Hilton Head Sales Pace is Picking UP!
We have assembled a comparison by community that compares the sales that have taken place in 2006, 2007, 2008, 2009 and 2010 year to date.  This report is also broken down by types of property including homes, villas and homesites.

While the average selling price has dropped from last year, the number of sales are increasing.  Compare the first quarter of  2010 to any of the years past and you will see growth is now taking place.  Buyers sitting on the fence will be shoved off center with these statistics. Read the rest of this entry