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Hilton Head Island & Bluffton News

  • The Story of Hurricane Matthew.  This video will go down in history.  View Video
  • Hilton Head Island named top 10 islands to visit this winter. Read more
  • Coastal Magazine names Hilton Head Island one of the 2017 Happiest Seaside Towns in America.  Read more
  • USA Today names Bluffton the most picturesque small town in SC.   (You need to click through to get to SC)  Read more
  • NAR report on the 2016 economic impact of a housing transaction in South Carolina.  View report

Hilton Head Monthly Market Quick Facts

As we enter the final quarter of 2016, not much has changed since the year began. Market predictions have been, in a word, predictable. A relatively comfortable pace of activity has been maintained thanks to continuing low unemployment and mortgage rates. The one basic drag on market acceleration has been inventory decline. There is little to indicate that the low inventory situation will resolve anytime soon.

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Monthly Market Supply

The low inventory situation is not expected to change anytime soon. But changing housing tastes combined with demographic shifts indicate that more homes will inevitably enter the market one day, either as listings by aging boomers or as newly built multifamily rentals. READ MORE

Hilton Head Condos/ Villas Report
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Hilton Head Homes Report
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Hilton Head Market Summary & Hilton Head Housing Supply May 2016

Hilton Head Market Sumary:

We are in the thick of an exciting period of home buying and selling, often with quick multiple offers that are near, at or even above asking price, depending on the factors of the home and submarket in question. It was widely predicted that we would see healthy sales activity during the second quarter of 2016, and the market has not disappointed. New Listings were up 15.4 percent to 599. Pending Sales increased 29.2 percent to 487. Inventory shrank 1.7 percent to 2,443 units.

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Hilton Head Housing Supply:

Sellers are getting more of their asking price, meaning higher sales prices in most categories. The overall inventory crunch is still in play, but higher- priced homes seem to be faring better with inventory in year-over-year comparisons.

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Market Report & Housing Supply Overview April 2016

Market Report April 2016

The housing market is being predictable, and that’s a good thing. At the beginning of the year, it was anticipated that the prevailing trends of the past year would continue into and through 2016, and that has largely been the case. The number of homes for sale has generally remained lower compared to a year ago, and prices have been steadily rising in desirable communities where homes show well. New Listings were up 8.4 percent to 622. Pending Sales increased 25.1 percent to 458. Inventory shrank 1.5 percent to 2,447 units.

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Housing Supply Overview

We should see a healthy number of sales in most categories for the next few months, yet there is still some lingering worry about low inventory, especially with an overall slowdown in new construction. For the 12- month period spanning May 2015 through April 2016, Pending Sales in the Hilton Head region were up 18.2 percent overall Learn More Here. The price range with the largest gain in sales was the $225,001 to $375,000 range, where they increased 34.1 percent.
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Hilton Head Real Estate News & Year End Housing Supply Overview

Hilton Head Real Estate NEWS:

Residential real estate is experiencing its best year since the recession. Housing demand is healthy, and that is expected to continue until the end of the year. Home sales are actually set to have their best national showing since 2006.
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Hilton Head Housing Supply:

Overall, 2015 has been a banner year for residential real estate, so avoid the temptation toward negative thoughts if some metrics show negative trends. For the 12-month period spanning December 2014 through November 2015, Pending Sales in the Hilton Head region were up 19.9 percent overall.
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Hilton Head Island’s Monthly Indicator Report & Housing Supply Overview – July

July Monthly Indicator Report

According to the U.S. Census, home ownership is at 63.4 percent for the second quarter of 2015, down 1.3 percent from the second quarter of 2014. This is the lowest rate of home ownership since 1967. To put that in greater context, home ownership peaked at 69.2 percent in 2004, and the 50-year average is 65.3 percent. Although the data may be indicating otherwise on a macro level, mortgage applications have kept REALTORS® busy through summer.  New Listings were up 5.5 percent to 461. Pending Sales increased 53.0 percent to 485. Inventory shrank 16.5 percent to 2,185 units. CLICK HERE TO READ MORE >>>

July Housing Supply Overview

The second half of the year is generally slower than the first, but the 2015 market as a whole has shown a willingness to offer greater returns more often than not. Prior to any autumn rate increases, there is a fair chance of increased buyer activity over the next few months. For the 12-month period spanning August 2014 through July 2015, Pending Sales in the Hilton Head region were up 12.4 percent overall. The price range with the largest gain in sales was the $225,001 to $375,000 range, where they increased 28.5 percent. CLICK HERE TO READ MORE >>>

Bluffton/ Hilton Head SC Featured in MONEY’s Best Places to Retire:

Just off Hilton Head Island, Bluffton is more quirky charm and artsy, close-knit community than its better-known coastal resort neighbor. Though homes (median price: $230,000) are on the higher side, South Carolina does not tax Social Security, and property taxes here are low.

These 25 towns offer a wealth of opportunities for enjoying your life after work—without cracking your nest egg company website.
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The Top 10 Retirement Spots for Golfers

If you’re a golfer, you can’t help but think about retirement. After all, that’s the time when you’re going to get to play every day (if you wish), so you need to be in a spot that offers a variety of quality golf in a climate conducive to playing year-round.

So after a little research, we came up with our top 10 retirement spots for golfers. All of them offer golf year-round, though some offer better winter golf than others. They also come at a variety of price points, from very affordable to very exclusive.

Here are our top selections for riding your golf cart into the sunset. Click here to read more >>