There are only two types of seller’s in our real estate market today. There is the “Old School” seller. These sellers set a price and never change it. In fact, there is a good chance they will change their agents more times than their price. Then there is the “New School” seller. These sellers know their buyer is watching their property on the internet and have no problem adjusting their asking price if there is no activity. Can you guess which sellers will sell faster and most likely for more?

Let’s just take a quick look at the Old School Real Estate Market. In the not so long ago past, buyers could not easily determine how long a property had been on the market and did not have easy access to comps. These buyers had to walk into a real estate office or call their agent on the phone to get additional information. This gave “Old School” sellers a chance at bat because buyers had to call an agent to get more information about their property. The bad news for Old School sellers is the internet changed all of this.

Buyers don’t have to raise their hand in the market today. Buyer’s remain stealth with the internet until they spot a properly priced property with the criteria they are looking for. They have easy access to comps on internet sites including Zillow, Trulia and Realtor.com . They can now see how long a property has been on the market and quickly determine if it’s priced right. They don’t even waste their time looking at an overpriced property. More bad news for the Old School seller!

What’s the solution for “Old School” sellers? When positioning your property for sale, if there are only a few showings, no second showings and no offers, there is only one reason. If your property has tumbleweeds blowing around the drive, adjust your value early and often! You will be amazed what happens!

You will fall in love with Hilton Head Island at this time of year.  The pace of the Island is relaxed, dinner reservations are easy, off-season rates apply, temperatures are wonderful and the beaches are beautiful.  The bright sunny days and clear night skies make this one of the favorite months by Islanders and Visitors alike.

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Let’s say you have your heart set on buying a home in a community with a swimming pool, a clubhouse, and maybe even golf or a marina. Having access to these amenities often means living in a community with a homeowners association, or HOA/POA.

Generally, an HOA is responsible for keeping the neighborhood looking beautiful — and as a result, keeping property values high. But since no two neighborhoods are the same, no two HOA’s will be the same, either. Read the rest of this entry

The internet has become an important tool for both buyers and sellers researching real estate in the Hilton Head area. If you go this route, it’s a good idea to check at least 2 or 3 of these sites to get an estimated range of value.  That’s because these sites often do not take into account the unique features of the property and can have incorrect data about the property or location.

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Market Snapshot for Hilton Head Island, SC

Last month on Hilton Head Island, 315 new properties went on the market with a median price of $400,000.

There are currently 1,589 properties available on Hilton Head Island with a median price of $439,999. These properties have been on the market for an average of 235 days.

Market Snapshot for Bluffton, SC

Last month in Bluffton, 280 new properties went on the market with a median price of $261,950.

There are currently 913 properties available in Bluffton with a median price of $310,000. These properties have been on the market for an average of 171 days.

Market Snapshot for Daufuskie Island, SC

Last month in Daufuskie Island, 25 new properties went on the market with a median price of $129,000.

There are currently 223 properties available in Daufuskie Island with a median price of $180,000. These properties have been on the market for an average of 387 days.

Markets within the Hilton Head Area

If you are shopping for a Hilton Head Area property and would like to know the market of a specific area or property, email us the area or villa complex.  There are markets within these markets mentioned above.

Snowstorms have always been good for business on Hilton Head Island.  Although the Island has been a little chilly, it sure beats what’s going on in the Northeast! We hope our northern neighbors stay warm and safe!  If you are thinking of making a move to the south, we would love to show you the Low-Country!

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Looking to buy, sell or rent a Hilton Head Property this year?  Check out our services!

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Selling your Hilton Head property may be an idea you are seriously considering, but that does not mean you are ready to put your home or villa on the market just yet. You may be waiting to pay off your mortgage, you may be waiting for the kids to move out, or you may not be ready yet to part with all the memories yet.  But that does not mean you don’t have to start preparing your property to sell. Read the rest of this entry

Perhaps it is the low gas prices, the weather or their biological clocks, but whatever the reason baby boomers have landed in the Hilton Head area and like what they see.  Just like geese flocking south, these boomers are settling in and taking up real estate in a big way.  Below are the sales that have occurred year to date.  If you think that it will get easier to find great property in the spring, our advice is “Don’t take a chance on time”.

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