This Hilton Head Market Is Hot

Dated: July 19 2018

Views: 510

    As recently covered by the Wall Street Journal, many more people are deciding to turn their vacation homes into their full-time residences.  Citing quality of life, family time, nature and the ability to unplug as reasons to move their families full-time to what were traditionally second-home and resort markets.

     The housing market on Hilton Head is hot. The MLS of the island reported 2017 as its busiest year yet, with $3.85 billion in property transactions and an 11.5% increase in properties sold year-over-year from 2016 to 2017.  And things are not slowing down in 2018.

    Housing prices have yet to reach pre-recession levels in Hilton Head Islandmaking now the ideal time for buyers to invest.  Primary home buyers and savvy investors are quickly realizing this and the percentage of homes being sold is going up every year.  With this demanding market prices are coincidingly on the rise.  For the month of June, median sales prices for single-family homes have risen 6.9% between 2017 and 2018 with the number of homes being sold increasing 19.4%. Click the following link for a full June 2018 market report. https://hhrealtor.com/portfolio_page/june-2018-market-reports/

    If you have been thinking about making Hilton Head Island or nearby Bluffton your permanent residence,  now is the time.  Start doing your research, plan a vacation, fall in love, or simply contact a Native Islander Group Realtor today!   Dreams are being found every day in the Lowcountry.  

Blog author image

Sebastian James

Sebastian Is a 5th generation native Hilton Head Islander. His great-grandmother Adrianna Holmes-Ford was a midwife and a healer before the island had a bridge in the 1930s. Sebastian and his parents....

Latest Blog Posts

Home Builders Ramp Up Construction Based On Demand

                If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great

Read More

Do Not Wait To Sell Your House

                We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s

Read More

PreApproval Makes All The Difference When Buying A Home

                You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does

Read More

Save Time And Effort By Selling With An Agent

                Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From

Read More