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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!


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    Port Royal Plantation Market Pulse
    Port Royal Plantation Real Estate Search

    Rose Hill Plantation Market Pulse
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    Spanish Wells Real Estate Search

    Sun City Market Pulse
    Sun City Real Estate Search

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    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