January 2021 RSS Feed

Found 1 blog entry for January 2021.

Photo by David Love of Hilton Head Beach

We're thrilled to report the real estate market on Hilton Head Island experienced a spectacular year in 2020. The national trend of folks pursuing a higher quality of life with access to nature and outdoor activities, coupled with the ability to work from anywhere, has produced the 2nd busiest year on record for home and villa sales on the Island. And as the year progressed, and inventory levels dwindled to record lows, the Island's pricing malaise of the last several years was finally broken.

Home sales on Hilton Head Island rocketed up 46.8% from the previous year and the median sales price increased 11.8% to $625,000. The strength of the market came from buyers putting a premium on the need for extra living space, both indoors and out. A total of…

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