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Hilton Head Island SC Real Estate Blog

Blog by Matt Houle
Hilton Head Island, South Carolina

Hilton Head Island SC Real Estate Blog

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Sea Pines Plantation Experiencing Upward Trend in Closed to List Price Ratio

Apr. 21, 2009

Sea Pines Plantation Experiencing Upward Trend In Closed To List Price Ratio  

 

Matt Houle, owner of Exit Realty of Hilton Head, reports that "according to statistics provided by the Hilton Head Multiple Listing Service, Sea Pines Plantation is experiencing upward momentum in the closed price to list price ratio".  Houle further states , "in January 2009 the ratio of close price to list price was 86.07%, in February 2009 that same ratio was 89.47% and in March 2009 the ratio increased to 93%.  These numbers seem to suggest that home prices in Sea Pines Plantation have stabilized and is further evidenced by a steady monthly increase in the number of closed transactions from January 2009.  This is exciting news", says Houle, "because these numbers indicate that the market is trending up and stabilizing". 

 

Also, says Houle, "Sea Pines Plantation, this past week, hosted the 41st Verizon Heritage Golf Tournament, as reported by the Island Packet, this past week and the exposure received from this event, always increases the visibility and refreshes the appeal of Sea Pines Plantation and that of the entire Hilton Head Island Area. The world sees that we are still here, offering one of the most beautiful island communities to live and play in". 
 

Hilton Head Island, SC Real Estate, Exit Realty
Exit Realty of Hilton Head is your local expert in all your Real Estate needs in Hilton Head Island and greater Bluffton, including the area’s Plantations: Sea Pines, Hilton Head Plantation, Long Cove, Wexford, Shipyard, Palmetto Dunes, Port Royal, Indigo Run, Palmetto Hall, Windmill Harbour, Spanish Wells, Moss Creek, Colleton River, Belfair, Rose Hill, Berkeley Hall, Hampton Hall, Hampton Lake, Sun City, Hilton Head Lakes, Oldfield, Hampton Pointe, and Palmetto Bluff.  Put us to work for you; our service will impress you! (843-422-4432).

 

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