Contact Felice (843) 671-6702

Year to Date Pending Real Estate Sales on Hilton Head Island

January through May homes and villas that went under contract on Hilton head Island are down 10% from 2013 pendings during the same time period.  The only month in 2014 that exceeded contracts pending for both homes and villas was January which was 8% over for homes and 2% over for villas.

To try to ascertain what is happening in our market, we look at Sea Pines.  This resort community is a grand indicator of the health and stability of all of the resort markets on the island.  Sea Pines homes going under contract was down a considerable 28% Jan.-May, while  Sea Pines villas was down 31%.

So, coming off a very healthy 2013, what is happening?  What we think is happening has to do with inventory and expectations.  As the inventory decreases on Hilton Head Island,  sellers are not having to negotiate as much as they have in the past 5 years.  Prices are not going up per se, but they are not continuing to slide down. Buyers are having a difficult time finding what they want at prices they want.  Buyers are also still in the get it really cheap mode and sellers are not.  This is contributing to the slowdown.  But, we are seeing well priced properties come on the market, sell quickly and sometimes with multiple offers. Buyers are still asking the question, can we still get good deals.  The answer is yes, if you have realistic expectations of fair market value.

We will be watching very carefully what happens over the next couple of months.

2013 Hilton Head Island Year End Newsletter

The analysis is done and the newsletter uploaded to market reports.  Please log in to access.  You will find the results of Hilton Head Island real estate in an easy read format.  You can read the Bluffton, SC results for the mainland analysis.  And you can read the Sea Pines real estate statistics as well.  2013 was another good year for Hilton Head real estate and we are looking forward to another strong year in 2014.

Award-winning Hilton Head Island, SC

Award-winning Hilton Head Island SCWhile I can tell you all about Hilton Head Island, South Carolina’s beautiful beaches and world renowned golf courses;   its great dining and shopping venues; the areas many festivals and its arts & cultural opportunities;  our communities attention to preserving our natural environment;  and how the South Carolina Lowcountry is an incredible place to live or vacation. You don’t have to take my word for it – check out this list of what others have recognized as award-winning about Hilton Head Island!

  • Parents Magazine named Hilton Head Island #1 in “Top 10 Best Beach Towns” of 2013
  • Hilton Head Island Tops of Fox News’ “10 Beautiful Beach Town Fall Vacations 2013 in USA”
  • Conde Nast Readers Rank Hilton Head Island Among “Top 10 Best U.S. Islands”
  • Southern Living showcases Hilton Head Island in its June 2013 issue “Bliss on a Budget”
  • U.S. News & World Report featured Hilton Head Island at #6 on its “Top 10 Best Beaches List 2013”
  • In recent years, the island has also earned recognition by The League of American Bicyclists who designated the island a Silver Level Bicycle Friendly Community and has been recognized for its participation in the Audubon International Sustainable Communities program.

While Hilton Head Island  is certainly a great place to get away to, it is an even better place to live. There are numerous Hilton Head Island communities, each offering exceptional amenities to meet your individual lifestyle needs.  Explore the various communities found in Hilton Head Island

Whether you are purchasing a Luxury Home or villa on Hilton Head Island for your primary home, second home, vacation retreat or investment, you can realize your dream!  Contact me, Felice LaMarca, at 843-671-6702 or email me here.  As your full service Hilton Head Island real estate broker I specialize in exclusive resort and luxury properties in the South Carolina Low Country and as your full service Hilton Head Island real estate broker you can rest assure that my knowledge, experience, and professionalism will always serve your best interests when buying or selling a home.

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