Homes sold numbers for the Bluffton SC area are going crazy this year! In the first ten months of 2013, 542 homes in the Bluffton area have sold at a median price of $185,000. The 542 homes sold is a new record for any January through October period in the history of Multiple Listing Service reported data recording. The number of home sales has steadily risen an incredible 52.7% in the past 5 years.
What does this mean for you? THAT NOW IS THE TIME TO BUY BLUFFTON SC REAL ESTATE. Our local Hilton Head area real estate market (of which Bluffton is a part) is showing all signs that we are in the beginning of a steady, well grounded upswing. Prices and rates are currently still low when you go to buy your dream home.
Number of Home Sales in the First Ten Months
For your illumination, I've created a chart comparing the number of home sales each year from 2004 through 2013. It is easy to see just how impressive the Bluffton SC real estate market is right now:
What Part Of The Hilton Head Area Is Considered Bluffton SC?
Located on the Mainland, Bluffton is just across the bridge from Hilton Head Island and features a blend of historic charm and modern convenience. Â Bluffton is one of the oldest towns in South Carolina, and features the idyllic May River that meanders conveniently to the unspoiled, pristine Intracoastal Waterway, and offers the perfect location to own Bluffton SC homes with boat docks. When searching for the perfect Bluffton area home, Bluffton is the area designated in the MLS as "Bluffton-off-plantion" and includes all the "non-plantation" neighborhoods from the Hilton Head Island bridges out to Sun City Hilton Head.
Bluffton SC Home Prices Through The Years
Take a look at home prices for Bluffton area sales over the first seven months of 2004 through 2013:
As you can see, Bluffton home prices are climbing back up from the lowest point in 2011, with prices in 2013 up 15.6% from last year, but still 21% below the peak values set in 2007. These numbers combined with the record-setting pace of home sales hint that prices will steadily climb over the next several years. The dramatic 15.6% appreciation so far this year is expected to moderate back to a steady 5 - 8% climb over the next several years. Â
Best Year For Bluffton SC Homes For Sale
Have you heard people lament about "getting in on the ground floor" of a company? Investing in stock before it "took off"? Well, NOW is that time for Hilton Head real estate. No matter who you team with for your real estate representation, please don't delay in your home buying goals. Start your Bluffton SC Home Search now and contact Rick Turner and Associates to reach the expert Bluffton Real Estate Team.
Until next time,
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