It’s hard to believe that it’s August 1st – the summer is flying by on Hilton Head Island.  I thought it might be good to recap what happened in July in the Hilton Head and Bluffton real estate markets.

At the present time there are 4,811 properties listed for sale in the Hilton Head Island MLS; 2,162 on Hilton Head Island.

During the month of July we had 338 properties go under contract in the Hilton Head MLS; 162 on Hilton Head Island.

The 162 sales on Hilton Head broken down by area were as follows:  35 in Sea Pines Plantation, 16 in Forest Beach, 4 in Shipyard Plantation, 5 in Wexford Plantation, one in Long Cove, 27 in Palmetto Dunes, 6 in Folly Field, 5 in Port Royal, 21 in Hilton Head Plantation, 2 in Palmetto Hall, 7 in Indigo Run, 2 in Windmill Harbour and 31 in off plantation areas.

Stay tuned for more updates on the market and watch for my Friday “deal of the day” for the best properties available on the market.

Wexford Plantation is a private community on the south end of Hilton Head Island, South Carolina.  It is a luxury community with over 525 acres.

Within Wexford Plantation there is a 37 acre harbor and lock system with water levels maintained at 8 feet; offering boating to its property owners and access to Broad Creek.  Boat slips are also offered to property owners who do not own directly on the harbor. 

Wexford Plantation offers wonderful ammenities to its property owners: 24-hour security, a newly renovated multi-million dollar clubhouse, tennis courts, swimming pool and golf course.

At the present time there are 40 homes and 32 lots listed for sale in Wexford Plantation.  Year to date, we have had 17 property sales in Wexford Plantation – 2 boatslips, 5 lots and 10 homes.  Click here for a list of Wexford best buys available. 

Do you live in Wexford Plantation?  What’s your favorite part or ammenity of this beautiful plantation?

It’s been a while since I’ve done an update on the real estate market on Hilton Head Island; so here we go!

During the month of February we had 71 home sales, 68 villa sales and 15 lot sales on Hilton Head Island.  Of the 154 sales on Hilton Head; 27 in Sea Pines Plantation, 17 in Forest Beach, 3 in Shipyard Plantation, 4 in Wexford Plantation, one in Long Cove Club, 18 in Palmetto Dunes, 15 in Folly Field, 5 in Port Royal Plantation, 16 in Hilton Head Plantation, 3 in Palmetto Hall, 4 in Indigo Run, one in Spanish Wells, one in Windmill Harbour and 40 in off plantation areas. 

During this same time period in 2010 we had 98 home sales, 57 villa sales and 10 lot sales.

Some good news in the market; Yahoo Finance reported yesterday that mortgage applications are at their highest level in 3 months.  Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 15.5 percent in the week ended March 4. 

Let’s hope that this real estate market is turning around!

Just a quick update on what happened in the Hilton Head Island real estate market last week: October 25th – October 31st.

Last week we had 64 sales in the Hilton Head Island MLS; 36 homes, 6 homesites and 22 villas. 

Following is a breakdown of sales by area: one in Sea Pines Plantation, 6 in Forest Beach, one in Shipyard, one in Wexford Plantation, one in Long Cove Club, 3 in Palmetto Dunes, 5 in Folly Field, 2 in Port Royal Plantation, 3 in Hilton Head Plantation, one in Indigo Run, 2 in Windmill Harbour, 8 in Hilton Head off Plantation areas, 11 in Bluffton off plantation areas, one in Moss Creek, one in Colleton River, one in Rose Hill, 3 in Berkeley Hall, 5 in Sun City, one in Oldfield, 3 in Beaufort and one in Hampton Hall.

Click here to visit my featured listings or to see a list of Hilton Head Island short sale and foreclosure properties.

The Wexford Plantation Clubhouse just had a major facelift.  If you haven’t seen it, I’ve attached some photos with this post – it looks fantastic!

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  (more…)

Yesterday I had the opportunity to meet with the construction manager and the general manager for a tour of the renovations of the Wexford Clubhouse.  I was so impressed with the progress that they have made. 

I was very impressed with the addition of the veranda room and the enlargement of the casual dining room – it is truly going to be a quality built clubhouse.  I think this will definitely have a positive impact on the Wexford real estate market and we can definitely use some good news. 

If you would like for me to arrange a tour of the clubhouse please let me know and we will schedule something for you.

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.

Wexford Plantation - Hilton Head Island Real Estate

Situated on the south end of Hilton Head Island, Wexford Plantation is an exclusive, luxury Real Estate community.  Winding through Wexford is a harbour and lock system that provides access to Broad Creek.  This allows boat owners to bring vessels up to 75 feet into the community.  Boatslips are available at the marina for those homes without deepwater dock access.  Wexford amenities include 24-hour gated security, multi-million clubhouse, tennis, swimming pool, and the championship level Willard Byrd designed golf course.

At the present time there are 34 homes listed for sale in Wexford Plantation priced between $435,000 and $4,995,000.  There are three homes currently under contract in the Hilton Head MLS.

There are 35 lots listed for sale priced between $84,900 and $1,150,000.  There are no lots currently under contract.

Click here for a list of my Wexford best buys.