Tagged : Market Trends

Found 2 blog entries tagged as "Market Trends".

Port Royal Plantation Beach

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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While real estate in much of the country languished, sales in the Hilton Head Island and Bluffton MLS have surged above 2008 and 2009 levels for 10 months straight. Through October 2010 total sales surpassed 2009 by 26%.


Further evidence of this "charged up" market is that Beaufort County, home to Hilton Head Island and Bluffton, was the hottest market in South Carolina for the 10th straight month as well.

Last In, First Out

For decades local Realtors have observed that the Hilton Head area is the "last one to go into a recession and the first one out." The data above certainly supports this observation. A National Association of Realtors truism is "all real estate is local". What's true in Chicago, NYC, Las Vegas or Atlanta is not necessarily true

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