Bluffton SC Real Estate

Real Estate Market Conditions for November 2008

The following is a basic report for all of the Hilton Head Island MLS.

• Market Type - Buyer's market
• Average Days on Market - 150
• Market Trend - Total sales are less than half of 2007.
• Housing Inventory - New listings are increasing in the most active areas.
• Average Home List Price - $1,042,090
• Compared to Last Year - Down significantly ($37M - 58%)
• Price as % of Asking Price - 92.56%
• Multiple Offers? - No!
• Greatest Activity - Foreclosures, Single-Family Homes, Off-Island, Sea Pines and Sun City

• Housing Hot Spots - Sun City and Off Island/Off Plantation areas remain the strongest micro-markets.

• Other Comments - Bluffton/off plantation sales are down again from what they were in Nov. 2007; offering a huge amount of room for negotiation.

FOR DETAILED REPORTS OF SPECIFIC HILTON HEAD ISLAND AND BLUFFTON COMMUNITIES, PLEASE FILL OUT THE FORM BELOW

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