Year to date Hilton Head Island homes sales 08/30/09

Friday, August 28, 2009

Hilton Head Island real estate update. Attached are the years to date results comparing January to July 2008-2009

The question is always how the market is. To give an answer let's look at the on Island home and condo sales for the last three years.

Year to date January -July on Island home sales

•2006 $ 497,989,245 #330

•2007 $402,796,576 #415

•2008 $286,818,808 #344

•2009 $188,581,405 #272

Year to date January -July on Island condo sales

•2006 $ 167,196,487 #481

•2007 $158,129,809 #405

•2008 $118,898,256 #288

•2009 $ 61,352,298 #236

Year to date on Island home sales by number of transactions

March 33 units

April 48 units

May 51 units

June 62 units

July 48 units

Six months average number of homes per month 48

Number of homes pending over the past 30 days 68. Activity has increased significantly.