By James Wedgeworth on April 5th, 2010
Spring is here on Hilton Head Island and there are a lot of things going on in the real estate market. Here is a quick snapshot of what has happened during the first quarter of 2010 in the Hilton Head Island Real Estate market.
We have had 393 sales on Hilton Head Island from January 1, 2010 through March 31, 2010 (homes, lots and villas). Area sales are as follows:
Sea Pines Plantation – 41
Forest Beach - 55
Shipyard – 16
Wexford Plantation - 7
Long Cove Club – 3
Palmetto Dunes/Shelter Cove – 50
Folly Field – 20
Port Royal Plantation – 4
Hilton Head Plantation - 60
Palmetto Hall Plantation – 11
Indigo Run Plantation – 18
Spanish Wells - 3
Windmill Harbour – 10
Off Plantation – 95
During this same time period last year there were only 219 sales – so we have seen quite an increase in activity.
By James Wedgeworth on January 15th, 2010
One of the agents in the office was showing me the numbers this morning concerning home sales in different areas. They are as follows: Sea Pines Plantation – 121, Forest Beach - 18, Shipyard – 7, Wexford – 15, Long Cove - 10, Palmetto Dunes - 45, Folly Field – 5, Port Royal - 35, Hilton Head Plantation - 164, Palmetto Hall - 14, Indigo Run - 37, Spanish Wells - 4, Windmill Harbour - 12, Off Plantation – 63 for a total of 516 sales.
Villa sales were as follows: Sea Pines Plantation - 61, Forest Beach - 120, Shipyard – 42, Palmetto Dunes - 98, Folly Field – 53, Hilton Head Plantation - 7, Hilton Head Off Plantation – 124, Windmill Harbour - 1, and Indigo Run - 4 for a total of 510 sales.
Unfortunately, there were only 47 lots sold on the island during 2009.
The total home sales volume was $399,000,000, villa sales volume was $133,000,000 and lot sales volume was $20,000,000 for a total of $552,000,000 in sales.
