Hilton Head Homes for Sale with Boat Docks
There are many reasons to love and enjoy living in the Hilton Head area. From the private neighborhood communities, to the upscale dining, to the abundance of family friendly amenities the Hilton Head area has it all and more. What makes the Hilton Head area different from other upscale communities is our location to the Intracoastal Waterway and all the navigable waterways innudating the entire area.
Thus homeowners in Bluffton, Beaufort and Hilton Head Island enjoy many water-oriented lifestyle options, including owning a home with a private boat dock. Bluffton SC homes with boat docks offer some of the most spectacular water views, and specific waterfront communities such as Windmill Harbour homes with docks or Spanish Wells homes with docks allow you to enjoy private Hilton Head Island real estate nestled up to your very own Intracoastal Waterway access boat dock.
Hilton Head and Bluffton SC Homes With Boat Docks Sales Soar
Hilton Head homes for sale with boat docks reached an all time high of 35 homes sold in the first 7 months of 2005. As you can see in the graph above, the first 7 months of 2013 saw 32 homes with boat docks sold. They are literally "flying off the shelves" almost as quickly as they did in the peak year of 2005!
More Importantly, Prices of Homes with Boat Docks are Soaring as Well
Median prices of homes with boat docks sold during the same time frame has also dramatically increased as demand increased for the "spur of the moment" fun boating lifestyle that a private boat dock can offer. Check out the data below to compare the recent median price of Hilton Head area homes with boat docks sold in the save first 7 months of each compared year:
- 2013 was $940,000
- 2012 was $850,000
- 2011 was $725,000 aka "the "bottom"
Prices are rising at a strong pace,currently at 29% up from the "bottom" price point in 2011. In 2005, the median price was $1,241000, so even though prices are up 29% from the bottom in 2011, prices are still 24% below the peak year. It is thus still an excellent time to buy. Our projection based on the speed of sales of these rare properties is that we'll see an increase of between 7-12% per year in home values. Rare waterfront property has always been the best appreciating real estate asset in this area.
Buy Hilton Head Real Estate Featuring Boat Docks Now
Right now is a wonderful time to take advantage of still low prices and low interest rates to get your very own dream home with a boat dock. Contact your Hilton Head real estate agents to learn more about Hilton Head real estate.
Until next time,
Rick Turner has been one of the top Realtors in the Hilton Head Island-Bluffton-Beaufort area for over 30 years. He loves being involved in community activities and spending time with his lovely wife. In his free time his wife and he thoroughly relish spending time with their children and grandchildren.
Engel & Volkers Hilton Head Island - Bluffton