Welcome to the Collins Group Realty December Market Update
Last Updated January 24th, 2011
Happy New Year – once again!
And, it IS a happy start to the new year in terms of real estate. The volume of sales so far this year exceeds this time last year, following a trend that was established for the overall year in 2010. And, there are other positive trends afoot in our market, such as lower average Days on Market, a higher Sales Price/List Price ratio, and a drop in the overall inventory.
We are still operating in a challenging market, but these trends have added some nice positive momentum to the marketplace, presenting an encouraging outlook for bringing the decline to an end.
We are always proud to provide you with rich, current content about the state of the market, and we hope you find this month’s Market Pulse installment helpful and interesting.
Thanks for your time…and thanks for your interest in allowing us to serve as your Hilton Head Island area real estate connection.
Best-
Chip Collins
Owner/Broker-in-Charge
Collins Group Realty
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