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 the past five years.
What Do Residents Enjoy About Living in Port Royal Plantation, SC?
Port Royal Plantation is Hilton Head’s ONLY OCEANFRONT COMMUNITY WITH NO TOURISTS! Renowned for the serene environment and scenic beauty, Port Royal Plantation is marked by long stretches of pristine beaches extending from the Port Royal Sound to the Atlantic Ocean. As the only 100% residential oceanfront community on Hilton Head Island, Port Royal Plantation does not feature any resort facilities and is exclusively dedicated to those looking for a relaxing, private, and luxurious place to call home. No short-term or summer rentals are allowed, so buyers who want to live on or near the ocean in seclusion without the hustle and bustle of tourists will find their dream home in Port Royal Plantation.
Some of the many unique amenities available in Port Royal Plantation are the oceanfront Beach House, pool complex, and four tennis courts, which like the community, are totally private. Nature lovers enjoy the arboretum where the pathways are clearly marked and native plants identified. Just outside the gate is the Port Royal Golf Club with three courses and a beautiful Southern plantation-style clubhouse. Historic sites are also plentiful on Hilton Head Island, so there is something here for everyone!
Port Royal Plantation, SC Home Prices Over The Years
Take a look at home prices for Port Royal sales over the first eleven months of 2004 through 2013:
You can easily see for yourself that Port Royal Plantation home prices are on an upward trend since their lowest point in 2010. Prices are up to a median of $590,000, an increase of 4.7% from last year and 8.7% over the past four years. Prices are still 24% below the peak of $775,000 in 2006, so buyers and investors should look to purchase now. These numbers along with the increase in homes sold suggest that prices will steadily climb over the next several years, so properties purchased now will likely increase in cost and value in the coming years.
Best Year For Port Royal Plantation, SC Homes
So what do these figures mean to home buyers? Sales are booming and prices are moving up, so NOW IS THE PERFECT TIME TO BUY PORT ROYAL PLANTATION SC REAL ESTATE. The local Port Royal Plantation and Hilton Head area real estate market are showing definite signs that we are in the midst of a steady and stable upswing. While the market is growing ever more secure, prices and rates are currently still low. Have you heard people lament about "getting in on the ground floor" of a company? Investing in stock before it "took off"? Well, NOW is that time for Hilton Head real estate. No matter who you team with for your real estate representation, please don't delay in your home buying goals. Start your Port Royal Plantation SC Home Search now and contact Rick Turner and Associates to reach the true expert Port Royal Plantation Real Estate Team.
Until next time,