According to the Hilton Head Area Multiple Listing Service (MLS), the local real estate market is at an all time record high. In the first eight months of 2016, home sales reaches 2,191. The previous record was over 10 years old, indicating that demand is at an all time high.
Having recently being recognized as Travel + Leisure's (T&L) Top Continental U.S. Island, Hilton Head Island is still 27% cheaper than the peak set in 2005. Sellers property values have increased at an average of 7% year to date, while inventory continues to decrease.
Making money in the real estate is all about timing and affordability. With interest rates still at record lows, this Fall is a great time to buy. Investment property sellers that have their properties on the rental market are motivated to unload so they don't have to carry the property for another 6 months before our next busy rental season.
Fall is a great time to visit the island. The weather cools down and the tourists are diminishing by the week. The local community thrives with countless festivals, fairs and entertainment. Contact us today if you are interested in viewing properties this Fall. We have an experienced team of Realtors with local knowledge about our market. Start your search now on Hilton Head: Search All Listings or in Bluffton: Search All Listings
Foundation Realty Is Looking For Listing Clients
If you are a property owner in our area and are thinking about selling, we would love to talk to you. Our listings are selling off the shelves and we need more properties. We host open houses every Sunday and would love the opportunity to show you how we managed to sell more than the competition.