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…!
Best-
Chip Collins
Owner/Broker-in-Charge
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
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Berkeley Hall – Off Plantation Market Pulse
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Forest Beach Market Pulse
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Hampton Hall Market Pulse
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Hilton Head Plantation Market Pulse
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Oldfield Market Pulse
Oldfield Real Estate Search
Palmetto Bluff Market Pulse
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Palmetto Dunes Market Pulse
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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
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Shipyard Plantation Real Estate Search
Spanish Wells Market Pulse
Spanish Wells Real Estate Search
Sun City Market Pulse
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Wexford Plantation Market Pulse
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Windmill Harbour Market Pulse
Windmill Harbour Real Estate Search
Archives
September Market Pulse 2010
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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
