There will be no pity in be-back city for Hilton Head buyers after this summer.   While many have been lucky the last few years in delaying their Hilton Head purchasing decision, market research shows supply dropping as buyers get off the fence.  Buyer confidence is building and even higher priced properties are dropping in supply shown by the table below.  Looks like local REALTORS, lenders, inspectors and attorneys are going to have a HOT summer on Hilton Head in 2013! Read the rest of this entry

The first half of the year in Real Estate Sales on Hilton Head rocked in 2012.  If our sales volume is an indication of confidence in the real estate market, our individual sales volume year to date was about the total volume we did in 2011!  These sales came from everything including a dollar lot to a multimillion dollar house swap.  On my run this morning I started thinking of market research buyers and seller would like to see in this blog and have listed them below.  While we are thankful for a strong first half, the second half of 21012 looks very promising. Read the rest of this entry

Below is the market trend report for April(just click on the table for a full page printable version).  There is some great news in this report that we would love to share with you.  We see some market improvements and new sales taking place in all the categories which means the market is up and running.  The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”. Read the rest of this entry

Don’t miss Hilton Head’s bottom. In case you have not heard sales are increasing and inventories are decreasing in the Hilton Head Market.  This of course will not help the seller that lives in denial awaiting 2007 prices again, but it will have impact on the seller that has been waiting around with a fair value for the location and condition their property offers on Hilton Head Island.

Read the rest of this entry

To the left is the market trend report for February. There is some great news in this report taht we would love to share with you.  We see some market improvements and new sales taking place in some of the higher priced properties which means the market is almost firing on all cylinders.  The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”. Read the rest of this entry

The most critical information that our Hilton Head Monthly Market Trend Report conveys is what I call the “Big Three”.  These are the vital statistics for determining negotiation or pricing and include:

1. Average List price to Average Sales Price ~ This is a direct indicator of negotiation opportunity and the firmness of the market.  Buyers and sellers can benefit by understanding this number
2. Average Days on the Market ~ This time frame applies to properties that are priced correctly for their condition and location.
3. Average number of listings taken vs. Average number of sales in a given period which will give us the number of months of inventory that available for sale.  This can help buyers and sellers determine strategy.

This report is a snapshot of how the market place has performed in the recent past, which is often a good predictor of future market performance for sellers and buyers.  If you would like to receive a monthly report by mail or e-mail, please email us at robbie@robbiebunting.com or call Jane Hyers to set up a phone appointment at (843)785-7111.  This is not only a good map of where we have been, it points to where we may be going.  Happy Hilton Head!  Robbie Bunting

Attention sellers or future sellers~We have attached last months Market Trend Report for your review. We also have prepared a snapshot report of the market we are in, what we forecast for the next several years and would love to share it with you. Just let us know via email and note Free Special Market Report in the subject line. It is our continued goal to sell your property for the highest price in the shortest period of time and our systems are set up to not leave any money on the table.

All the best~
Robbie Bunting & Jane Hyers