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 below. In fact, Colleton River Plantation home sales have increased an incredible 150% since 2011!
Number of Colleton River Plantation Homes Sold Over the Past 10 Years
Why Residents and Investors Love Colleton River Plantation Real Estate
You may have seen the idyllic setting of the Colleton River Plantation community in the movie The Legend of Bagger Vance. Spread across an area of 1,500 acres, which is entered through a sprawling nature preserve of 950 acres, this community's natural beauty and stunning views would make any visitor want to call Colleton River Plantation their home.
Colleton River Plantation offers more than your typical waterfront community with homes facing natural lagoons, homes with deep water docks, and some with salt marsh fronts. Some of the properties even have majestic views of the Atlantic ocean. This piece of coastal land is diverse and dramatic - a special occurrence in a waterfront locale.
Golf enthusiasts will especially enjoy living in Colleton River Plantation which, according to Golf Digest Magazine, is the #1 two-course private golf club community in one of the finest golf meccas of the world, Hilton Head Island. The residents of Colleton River Club can enjoy the unique privilege of playing an award-winning Jack Nicklaus golf course in the morning, while spending their afternoon at the signature Peter Dye golf course. This exceptional golfing experience is something that the members can have as a part of their everyday life!
Colleton River Plantation also possesses some of the most inspired architecture in the Hilton Head area. Each home has been custom designed by a variety of renowned architects. Plus, you will be hard-pressed to find better views: riverfront, creek-front, marsh-front, lakes, lagoons, golf greens, and fairways!
Colleton River Plantation, South Carolina Home Prices Throughout The Years
I've created the chart below to display the median sales prices of Colleton River Plantation homes over the past decade.
Median Prices of Colleton River Plantation Homes Over the Past 10 Years
As you can see, prices peaked in 2004 at $1,250,000 and hit bottom in 2009 at $585,000. For the last four years prices have hovered in the $700,000s. However, with the recent surge in sales that I discussed above, it is expected that prices over the next several years will once again rise. It is only a matter of time before they return to the pre-recession levels of over $1 million. With current prices still an amazing 42% below the peak set in 2004, NOW IS AN EXTRAORDINARY TIME TO INVEST IN A COLLETON RIVER PLANTATION HOME!
Now is the Time to Buy Colleton River Plantation Real Estate
As a Top 10 Realtor with over 30 years of experience in the Hilton Head real estate market, I believe the opportunity to purchase a Colleton River Plantation home at these currently prices will not last for long. Don't wait and miss out on your chance to own your dream home for a fraction of the cost, or invest in a property that is expected to appreciate quickly in the coming years. No matter who you team with for your real estate representation, you cannot afford to delay your home buying goals. Start your Colleton River Plantation Home Search now and contact Rick Turner and Associates to reach the best Real Estate Team on Hilton Head Island.
Until next time,Posted by Rick Turner on