Hilton Head area median home prices were on a decline since the recession began in 2006, but in the first half of 2011 these prices hit their low point. Now, in the first half of 2012, home sales are on the rise, and median home prices have increased 1.3%. See the chart below:
Pundits sometimes ask, "How do you know when you've reached the bottom of the market?” The answer is, “When you see it in your rear view mirror." We can now see the bottom in our rear view mirror.
This fall literally may be the best time EVER to purchase a home in the Hilton Head area... before prices rise even further. Visit our website to find properties of interest, and email me or give us call at (843) 816-0796 with your questions, or to schedule an appointment. Rick Turner.
Posted by Rick Turner on