July 2017 Hilton Head/Bluffton Market Report
Happy (and HOT) August!
Yes, it finally got officially and impressively HOT here on HHI this past week, with some heat index readings hitting the triple-digits. But that hasn’t slowed things down a bit – either in the real estate market or in the vacation rental market. It’s been a busy and exciting summer, and the whole area just has a great buzz to it these days!
July’s Pending sales were up 24% over July of last year, pushing the year-over-year figure to 14% ahead of 2016! As a result, we are expecting some impressive closing figures to take place in the remaining part of 2017, and the future outlook is very positive.
Meanwhile, the overall inventory levels have dropped significantly, leaving fewer and fewer choices than the market has been accustomed to over the past many years. This is resulting in some properties selling quickly, with multiple-bid scenarios continuing on the rise.
We’ve recently added 3 amazing new team members: Taylor Brunn (our Mainland Office Manager), Fred Hogshead (Mainland Specialist), and Dom Hayes (Mainland Specialist)…pushing the Group to over 25 outstanding professionals deeply committed to their trade!
Here’s hoping you have a great balance of August, and that any back-to-school experiences in your family are smooth and enjoyable!
All our best –
Chip
Reports by Area / Plantation
- July 2017 Belfair Market Pulse
- July 2017 Berkeley Hall Market Pulse
- July 2017 Bluffton Off Plantation Market Pulse
- July 2017 Colleton River Market Pulse
- July 2017 Folly Field Market Pulse
- July 2017 Folly Field Villas Market Pulse
- July 2017 Forest Beach Market Pulse
- July 2017 Forest Beach Villas Market Pulse
- July 2017 Hampton Hall Market Pulse
- July 2017 Hampton Lake Market Pulse
- July 2017 Hampton Pointe Market Pulse
- July 2017 Hilton Head Lakes Market Pulse
- July 2017 Hilton Head Off Plantation Market Pulse
- July 2017 Hilton Head Off Plantation Villas Market Pulse
- July 2017 Hilton Head Plantation Market Pulse
- July 2017 Indigo Run Market Pulse
- July 2017 Long Cove Market Pulse
- July 2017 Moss Creek Market Pulse
- July 2017 Oldfield Market Pulse
- July 2017 Palmetto Bluff Market Pulse
- July 2017 Palmetto Dunes Market Pulse
- July 2017 Palmetto Dunes Villas Market Pulse
- July 2017 Palmetto Hall Market Pulse
- July 2017 Port Royal Market Pulse
- July 2017 Rose Hill Market Pulse
- July 2017 Sea Pines Market Pulse
- July 2017 Sea Pines Villas Market Pulse
- July 2017 Shipyard Market Pulse
- July 2017 Shipyard Villas Market Pulse
- July 2017 Spanish Wells Market Pulse
- July 2017 Sun City / Riverbend Market Pulse
- July 2017 Wexford Market Pulse
- July 2017 Windmill Harbour Market Pulse
Click Here to Search For Homes by Area / Plantation