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Welcome to the Collins Group Realty August 2011 Market Update

Last Updated September 23rd, 2011

Hello from the gang at CGR:

Before I start, let me just say it’s in the upper-80’s and humid on HHI – seems Summer wants to stick around, and we’re not complaining!

Speaking of Summer months…let’s just take a quick study of this August vs. last August:

•    The number of NEW LISTINGS put on the market in the month is DOWN nearly 17%;
•    The number of PENDING SALES is UP over 17%;
•    The number of CLOSED SALES is UP nearly 22%;
•    Average DAYS ON MARKET is down nearly 13%;
•    MEDIAN SALES PRICE is UP nearly 20%;
•    INVENTORY is down over 20%.

Every single stat is headed in the RIGHT DIRECTION…and we are looking/hoping for more and more of it.  The market is WANTING to change directions…and it is doing a nice job of working its way there.

How about helping out?!!  Tell a friend that trends are positive on HHI (PLUS, rates are super low!) and now is a great time to be looking at our marketplace.

Oh…and be sure to tell them about our outstanding Buyer Specialist Agents at CGR – did you know that they have been rated as “EXCELLENT” on 100% of our surveys?!!  They simply do an outstanding job…

Here’s hoping you have a great week.  Thanks for reading our report…!


Chip Collins

P.S. – Did you miss the July Addition of our Market Pulse due to technical difficulties? Check out our Market Pulse Archive below!


Belfair Market Pulse
Belfair Real Estate Search

Berkeley Hall – Off Plantation Market Pulse
Berkeley Hall – Off Plantation Real Estate Search

Bluffton – Off Plantation Market Pulse
Bluffton – Off Plantation Real Estate Search

Colleton River Plantation Market Pulse
Colleton River Plantation Real Estate Search

Folly Field Market Pulse
Folly Field Real Estate Search

Forest Beach Market Pulse
Forest Beach Villas Market Pulse
Forest Beach Real Estate Search

Hampton Hall Market Pulse
Hampton Hall Real Estate Search

Hilton Head Island – Off Plantation Market Pulse
Hilton Head Island – Off Plantation Villas Market Pulse
Hilton Head Island – Off Plantation Real Estate Search

Hilton Head Plantation Market Pulse
Hilton Head Plantation Real Estate Search

Indigo Run Market Pulse
Indigo Run Real Estate Search

Long Cove Market Pulse
Long Cove Real Estate Search

Moss Creek Market Pulse
Moss Creek Real Estate Search

Oldfield Market Pulse
Oldfield Real Estate Search

Palmetto Bluff Market Pulse
Palmetto Bluff Real Estate Search

Palmetto Dunes Market Pulse
Palmetto Dunes Villas Market Pulse
Palmetto Dunes Real Estate Search

Palmetto Hall Plantation Market Pulse
Palmetto Hall Plantation Real Estate Search

Port Royal Plantation Market Pulse
Port Royal Plantation Real Estate Search

Rose Hill Plantation Market Pulse
Rose Hill Plantation Real Estate Search

Sea Pines Plantation Market Pulse
Sea Pines Plantation Villas Market Pulse
Sea Pines Plantation Real Estate Search

Shipyard Plantation Market Pulse
Shipyard Plantation Villas Market Pulse
Shipyard Plantation Real Estate Search

Spanish Wells Market Pulse
Spanish Wells Real Estate Search

Sun City Market Pulse
Sun City Real Estate Search

Wexford Plantation Market Pulse
Wexford Plantation Real Estate Search

Windmill Harbour Market Pulse
Windmill Harbour Real Estate Search


September Market Pulse 2010
October Market Pulse 2010
November Market Pulse 2010
December Market Pulse 2010
January Market Pulse 2011
February Market Pulse 2011
April Market Pulse 2011
May Market Pulse 2011
June Market Pulse 2011
July Market Pulse 2011