Hilton Head real estate prices moved higher during the month of July as the Median Sales Price increased 2.9% with a healthy 25.7% rise in closed sales for the same period. Inventory was reduced by 19.1%, further stabilizing the supply-demand balance. Fewer days on the market for Hilton Head homes for sale, cheap borrowing costs (a 30-year fixed mortgage recently dipped below the 3.49% mark), and increasing consumer confidence are fueling area real estate sales on the Island and in neighboring Bluffton.
Hilton Head Island, known for its spectacular beaches (we have 12 miles of pristine, wide white sand beaches), world championship golf (our signature tournament is the RBC Heritage on the PGA Tour each spring), renowned tennis and, of course, amazing homes and villas. Please contact HiltonHeadHomes.com for more information on Hilton Head real estate.