3rd Quarter Real Estate News and Numbers from Hilton Head IslandPosted by THE LOVE FAMILY on
We're pleased to report the real estate market on Hilton Head Island is having the most successful year in home and villa sales since 2005. And by most accounts, the island hosted its busiest summer tourist season in memory. With pristine natural beauty, open spaces and an array of outdoor activities, Hilton Head Island is proving to be the rejuvenating respite folks are looking for. In fact, the readers of Conde Nast Traveler's have just named Hilton Head Island the best island in the U.S. for the fourth year in a row!
Home sales around the Island jumped 30.2% year-over-year and the median sales price increased 11% to $605,000. Inventory is down 48.1% from this time last year.
Island-wide, villa sales are slightly ahead of last year and up…
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