I have had many people ask me how many foreclosures are in our current real estate market.  At the present time there are 134 homes that are in foreclosure in the Hilton Head area; 3 in Sea Pines Plantation, one in Forest Beach, 3 in Wexford Plantation, one in Long Cove, one in Palmetto Dunes, one in Folly Field, 7 in Hilton Head Plantation, one in Indigo Run, one in Palmetto Hall, 2 in Windmill Harbour, 9 in off plantation areas and the remaining in Bluffton. 

Looking at a breakdown by price:

39 are priced under $100,000
23 are priced between $100,000 and $200,000
12 are priced between $300,000 and $400,000
6 are priced between $400,000 and $500,000
5 are priced between $500,000 and $600,000
3 are priced between $600,000 and $700,000
2 are priced between $700,000 and $800,000
one is priced between $800,000 and $900,000
one is priced between $900,000 and $1 million
3 are priced between $1 million and $1.5 million
2 are priced between $1.5 million and $2 million
one is priced between $2 million and $3 million
one is priced over $3 million 

 As you can see, most of the foreclosures seem to be at the lower end of the real estate market. 

Click here to see a list of my foreclosure and short sale properties.  If you would like, I can also set you up so you are notified every time a new foreclosure comes on the market - simply email me at James@Jameswedgeworth.com and type “Foreclosure List” in the title line. 

There are 43 villa foreclosures; 7 in Forest Beach, one in Shipyard, 2 in Palmetto Dunes, 3 in Folly Field, 22 in off plantation areas and the remaining in Bluffton. 

Looking at a breakdown by price:

27 are priced below $100,000
11 are priced between $100,000 and $200,000
3 are priced between $200,000 and $300,000
One is priced over $400,000

The lot market is the worst by far – there are currently 118 foreclosures on the market; one in Wexford, 2 in Long Cove, 3 in Folly Field, 2 in Indigo Run, 11 in off plantation areas and the rest in Bluffton.