|
Winter 2012 Market Update
This is a Golfing beach and Tennis paradise. You need to see it to believe it!
|
|
| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $650,000 - $699,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Hilton Head Island is | Increasing |
| Seller Activity for the past 90 days in Hilton Head Island is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | No |
| Comments on Financing For Qualified Buyers | I can secure financing up to 1.5 Million . Obviously conditions apply but it can be done |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Investors |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Hilton Head Island! If You are a Boomer loking for retirement ever , now is the time to buy , you can rent the property out until you are ready to retire. Home values are at about 2002 pricing and interest rates are at 60 year lows |
| Nearest Metro Area | Southern South Carolina |
| Housing Hot Spots | Hilton Head Plantation, Sea Pines Plantation, Palmentto Dunes, Wexford. |
| Average Sold Price | $250,000 - View Graph Trend |
![]() |
Jim Young
ERA Evergreen
|
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Hilton Head Island Homes for Sale | Search Hilton Head Island Real Estate |