It’s what we have all been waiting for, significant change in the real estate market on Hilton Head Island, SC. Total closed real estate sales through March 15, 2010 were $285 million compared to the same period in 2009 that totaled $156 million. That is a tremendous increase of 83%. The average sale price has showed a small decline of 6% down from $360,000 in 2009 to $340,000 in 2010.

     It all adds up to sales being up and prices stabilizing. Conservative buyers are entering the market place at record numbers as mortgage money has become available at historic lows. Positive change continues in the Hilton Head area real estate market ... so bottoms up!

by Marcia Hunter, Rick Turner and Associates, 843-816-0422.

Posted by Rick Turner on
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