Hilton Head Market Soft

The Hilton Head market remains soft as we head into March 2008, but certain price ranges ($300,000 to $450,000) are quite active as buyers grab homes at price points not seen since 2004. Inventory is still over twice what it was a year ago, so prices continue to decline quite a bit at all levels. That means it is a great time to buy! This is especially true for those looking for a place to build family memories and enjoy time together. Buyers have numerous options for any type of property, and can go for the best value. Smart sellers who want to move a home know that they must offer excellent value in this slower market.

ZIP Codes: 22926, 29928, 29936, 29938, 29915

Approximate Location Boundaries: The bridges over Skull Creek in Bluffton south to Sea Pines Plantation

Location Characteristics: Hilton Head Island is a world-renown resort destination that features the best in coastal living. 12 miles of hard-packed white sand beaches lure tourists and residents from around the world, as do PGA-calibre golf, wonderful harbors for boats, and world-class tennis facilities. Hilton Head pioneered upscale development that preserves the natural settings, and has a gorgeous tree canopy right down to the edge of the water and sand dunes at the beach. Hilton Head offers a wide variety of housing options, from small condos (called villas) up to massive beachfront mansions. The weather is ideal, with very mild winters and long lazy summers. Major shopping is available on the Island as well as nearby in Bluffton, Savannah, and Beaufort. Access to larger cities like Charleston, Columbia, and Atlanta is easy.