HiltonHeadMarketInfo.com

How's the Hilton Head Island-Bluffton real estate market doing, especially during the COVID-19 pandemic?

This is a question we hear all the time. We've created this page to answer that question.

Our market here is one of the strongest in the country.

  • Surprisingly the number of properties sold in the first eight months of 2020 set the all-time record with 3913 closed sales, even better than banner years of 2005 and 2006.
  • But we haven't seen anything yet. Pending sales in May, June, July and August also set significant all-time records. Those sales just started closing in July. As the close in September, October and November will be a huge banner year for real estate in our area. 
  • Average sales price is also up dramatically by 15% above a year ago.
  • And finally the strong demand is decreasing supply to the lowest level in decades, down almost 30% from a year ago.

Why all this positive news? TheCOVID-19 pandemic has caused many Americans to reevaluate where they want to live and vacation, bringing lots of new buyers to communities like Hilton Head Island-Bluffton. 

To read an up-to-date summary of our Hilton Head island-Bluffton real estate market either: 

  • Read the report in the box below, 
  • Or click here to download a copy. 

 

Turner & Rudd Group
Charter One Realty
 Contact us today at 843-816-0796 or

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