Hilton Head Island Real Estate Market Conditions & Reports, Hilton Head Island Market Trends, South Carolina

Market Commentary Provided by Jim Young
This is a Golfing beach and Tennis paradise. You need to see it to believe it!

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Jim Young
ERA Evergreen
Hilton Head Island, South Carolina
843-295-0120
jimyoung@colonialrealestategroup.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$550,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

No Change

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Hilton Head Island is

Seller Activity for the past 90 days in Hilton Head Island is

Is Financing Available For Qualified Buyers in Hilton Head Island?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Hilton Head Plantation, Sea Pines Plantation, Palmentto Dunes, Wexford.

Reason to Buy/Sell

Other

Average Sold Price

$550,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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