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August 2016 Hilton Head/Bluffton Market Report

August 2016

Happy September…and I hope you’re enjoying the last week of Summer!

August was a BIG month for new home sales in the Lowcountry, posting a 34% increase in Pendings as compared to a year ago…and making it one of the strongest sales months we’ve seen all year.

Hand in hand with that was a BIG drop in Days on Market, demonstrating that some of the best-value listings sell very quickly in today’s market.

This all leads to an overall decline in available inventory, creating somewhat of an exciting cycle that is likely to continue to build momentum.

We’re literally working 24/7 as of late, so don’t hesitate to call on us….

Hope to see you soon!

Chip

 


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