May 9, 2007

Hilton Head Island SC Real Estate Market Activity for 4/28 - 5/09: Reporting back 13 days shows a total of 172 new home listings on Hilton Head Island. New contracts for homes on the market for the same period totaled 36. In this 13-day period, 24 homes closed. Some sellers elected to remove their homes from the market, a total of 32.

The villa market also saw a big jump in inventory with 185 new listings. Of the currently listed inventory of villas for sale, 18 were put under contract. During this time period, 33 villas closed and 23 were removed from the market.

In vacant lots and homesites, Hilton Head Island saw a total of 27 new listings. Total number of lots put under contract was 2, 2 lots closed and 7 were removed from the market.

The news in Real Estate on Hilton Head island today? It is an opportune time to take advantage of what can be bought. Some sellers have made their prices real attractive, plus now is the time to take advantage of summer rental income. The island continues to attract generous visitors who deeply appreciate the beauty and awe of Hilton Head.



David Carroll / Hilton Head Real Estate
South Carolina Licensed Real Estate Agent
Sea Pines Real Estate Company
800.846.7829 (toll-free) 843.363.8384 (office direct) 843.384.8111 (cell)
843.363.2373 (fax) info@hiltonheadhomesource.com
©2007 David Carroll Real Estate. All rights reserved.