New Listings were down 1.5 percent to 474. Pending Sales increased 9.5 percent to
323. Inventory shrank 5.6 percent to 2,300 units.
Prices moved higher as Median Sales Price was up 6.6 percent to $264,250. Days
on Market increased 8.2 percent to 119 days. Months Supply of Inventory was down
5.1 percent to 7.5 months, indicating that demand increased relative to supply.
In national financial news, rumors that Fannie Mae and Freddie Mac could one day
be a thing of the past have people wondering about the future of the 30-year fixed rate
mortgage. But let’s not sound the alarm just yet. A drastic change to lending’s
gold standard is certainly not on the immediate horizon. Meanwhile, Federal Reserve
Chair Janet Yellen seems to have no immediate interest in raising interest rates for
the first time since 2006. The economy remains stable, which should keep housing
rolling through the short-named months.
Don’t miss this opportunity to own a 2nd story 2BR/2BA Evian villa in a super location near the beach, onsite pool and lighted tennis courts and with some of the best golf and lagoon views you can find anywhere from the covered deck in Shipyard Plantation near all of Hilton Head’s South Island shops, restaurants and amenities. Priced to sell at $269,900!
804 Harbour Master has just come on the market asking $225,000.
2BR/2.5BA villa updated with new kitchen cabinets and granite counters, new bathrooms. Beautiful lagoon and golf view from large deck and just steps to pool. click here for more info.
Inventories are tight and demand is increasing, give us a call today to find your place in the sun while interest rates are still low!
Adorable 2-3BR home located on the golf course with a 1 car garage at the end of a private cul de sac featuring a fireplace in the living room, large master bedroom with sitting are big kitchen with separate laundry room and quiet courtyard entry. Closed at $305,000.
Can we help with a FREE market analysis of your home, villa or homesite?
Just reduced in Shipyard, the 2 story, 3 bedroom, 2.5 bath home with beautiful golf course views, high ceilings, fabulous deck, cozy screened porch, 2 car garage and HUGE Master closet! Great opportunity now priced at $499,000!
Call, text or email us for more information or to schedule an appointment to view this, or any other Shipyard home, villa or homesite!