Hilton Head Island Real Estate Blog - Hilton Head Real Estate Market Update

$100 Million Dollar Expansion Ahead for the Inn at Palmetto Bluff

It’s no wonder so many people are attracted to Palmetto Bluff, a gated community in Bluffton, South Carolina. Residents can look out at the idyllic May River and the peaceful semitropical forests and waterways of the lowcountry.

One of the Hilton Head Island/Bluffton area's most appealing attractions is The Inn at Palmetto Bluff, which offers stunning waterfront views and the perfect atmosphere for relaxation. This year, there have been several exciting changes at The Inn.

News for The Inn at Palmetto Bluff

Formerly run by the esteemed Auberge Resort, The Inn at Palmetto Bluff is now under new management as of February 1. Montage Hotels & Resort has taken over and made a slight addition the Inn’s name. It is now known as: The Inn at Palmetto…

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Home Buyers Can’t Beat Hilton Head Island, SC Area Weather!

When it comes to having near perfect climate conditions, you’d be hard pressed to find a better place to live than Hilton Head Island!

This South Carolina community boasts incredible weather that enables residents to enjoy the beach and the great outdoors most days of the year!

In fact, it’s one of the main draws for people thinking about relocating to Hilton Head - in addition to other perks, such as incredible homes for sale and ample recreational amenities to enjoy!

Why The Hilton Head Climate is So Incredible

Hilton Head’s location means that residents only experience roughly 10 nights a year that go below freezing.

What’s more, because of this community’s seaside location, it has cooler summer temperatures and warmer winter…

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Hilton Head is the #1 Hottest Real Estate Market in South Carolina!

The Hilton Head area real estate market is going crazy! In fact, it is the #1 HOTTEST MARKET IN SOUTH CAROLINA.

First, it is the only market in the entire state in which more homes were purchased in 2013 than any previous year in history. Second, median prices increased in 2013 12.4%, which is the highest increase of any market in the state. Home prices are still 28% below the peak set in 2007 and are just now beginning to rise quickly. 

With today's incredibly low, but rising interest rates and prices, now is an excellent time to purchase Hilton Head area real estate. If you find a home you like, you should be able to save quite a bit of money, but only if you act now. Be sure to go to HiltonHeadMarketInfo.com for the full up-to-date scoop on…

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The Top Ten Luxury Homes for Sale in Hilton Head

In light of the recent, record-setting success of the Hilton Head area real estate market, here is a list of the ten most luxurious, waterfront homes available in the area today. As you can see, Hilton Head real estate has quite a lot to offer! To schedule a showing of any of these incredible homes, contact Rick Turner and Associates, your Hilton Head Island luxury real estate experts.

1. 19 Red Cardinal Road, Hilton Head Island

$13,000,000

This incredible home features 5 bedrooms, 5 full- and 2 half-baths, three stories, and over 5,200 sq. ft. Sitting on two rare side-by-side oceanfront land parcels, this home is on a 1.17 acre site, which is a rare buying opportunity in Coastal Carolina real estate these days. With luxury features such as…

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Colleton River Plantation Real Estate - Sales Are Up, Prices Still Low

2013 was a good year for Colleton River Plantation homes. In terms of number of homes purchased, with 20 purchased, it was the second best year in the past ten years. In fact, in an analysis of the history of Colleton River Plantation real estate, 2013 was the second best year EVER for home sales. Only 2010 recorded higher numbers with 25 homes sold. The Colleton River Plantation real estate market seems to be right on track with the rest of the Hilton Head area which set records in 2013 with the 2,730 home sales, THE MOST IN HILTON HEADS ENTIRE HISTORY! 

Colleton River Plantation, South Carolina Home Sales Over the Past 10 Years

Take a look at the impressive success of the Colleton River Plantation real estate market in the graph I have created…

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This Will Be An Incredible Year for Hilton Head Oceanfront Real Estate

2013 was a bit of a disappointment for Hilton Head Island oceanfront home sales. Throughout the year, 14 oceanfront homes were sold at a median sale price of $2,037,500. In only three of the last ten years have there been more oceanfront homes sold in the Hilton Head area. The peak year was in 2007 when 22 oceanfront homes were sold. Surprisingly, while total home sales in the Hilton Head area in 2013 were the highest EVER with 2,730 sales, oceanfront home sales actually dipped to 14 from 18 sales in 2012.

Hilton Head Oceanfront Home Sales Over the Past 10 Years

To demonstrate the relative success of oceanfront homes in the Hilton Head Island real estate market over the past 10 years, I've provided a graph below comparing the number of home…

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Port Royal Plantation Home Sales are up 68 Percent!

Home sales in Port Royal Plantation on Hilton Head Island, SC are booming! In the first eleven months of 2013, 67 Port Royal Plantation homes have sold at a median price of $590,000. The 67 homes that have sold are the highest number of sales in Port Royal Plantation over the first eleven months of any year since 2007. This is 27 more homes than were sold in the same time period last year, an increase of 67.5 percent!

Number of Home Sales in the First Eleven Months

To demonstrate the encouraging growth in Port Royal Plantation home sales, I have created a chart that compares the number of homes sales in the first eleven months of each year from 2004 through 2013. You can easily see the improvement over last year, and the positive trend over…

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Bluffton, SC Homes Sales Set All-Time Record!

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…

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Home Sales for the First 3 Quarters of 2013 Far Exceeding Expectations

While the national real estate market is very positive, by comparison, our local Hilton Head Island-Bluffton area market IS BOOMING. Home sales for the first three quarters of 2013 are the BEST first three quarters ... ever! We're even kind of blown away.

This incredible pace of home sales - which far exceeds national figures - speaks volumes about just how special the Hilton Head area is. See for yourself in the Multiple Listing Service (MLS) graph below.

The Hilton Head Real Estate Market And National Data

The strength of both our local and the national market are remarkable, as shown in the following statistics from the National Association of Realtors and the Hilton Head Area MLS:

• Compared to the first 3 quarters of…

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Ultra Luxury Homes in Hilton Head

Exclusive Hilton Head Homes

A selection of the most luxurious real estate can be found in Hilton Head area neighborhoods. When searching luxury Hilton Head or Bluffton, SC, homes for sale, you can choose from ultra exclusive, luxury amenity offering neighborhoods featuring oceanfront estate,  deep water homes, ultra exlcusive gated communities, homes on the beach, waterfront homes with private deepwater docks, private golf community estate homes, as well as real estate with access to polo fields. 

Hilton Head Luxury Real Estate

Ultra luxury oceanfront homes on Hilton Head Island range from just under $5 Million to over $13 Million, while river, sound or bay front ultra luxury homes in gated communities start at around $3 Million and go up to over…

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