Hilton Head Real Estate Market Reflection – February 2024

In the Low Country, when we think of spring, we think of warmer weather, blooming flowers, outdoor activities, and without a doubt the best time to buy and sell real estate.  The January real estate market indicates an increase in new offerings/listings of Hilton Head area homes by 30% , Bluffton Homes by 10.5% and Hilton Head villas by 14.5%.  We expect that trend to continue through the spring.  Typically, there are more buyers and sellers during the spring than any other season of the year.  Below are a few tips regarding selling and buying.

OUR ADVICE FOR SELLERS

Listing your home between now and April gives you the best chance of selling for top dollar.  Our market quiets down after the RBC Heritage, which is April 18-21 this year.  So, if you are thinking interest rates might be lower, you may be missing the best sale opportunity for your home.  Pricing your home competitively is crucial for a successful sale. Call us for a consultation about your home’s value with no obligation.

OUR ADVICE FOR BUYERS

Buy when it is right for you.  Worrying about the market, interest rates, and other things out of your control may prevent you from owning a great home and enjoying the lifestyle you want to live.  Mortgages can be re-financed, but the dream home that got away may haunt you.  Buyers would benefit by having a full-time realtor monitor the inventory on and off market so that you can find the right property. We know the market and are here to help you make sound decisions.

MORAL OF THE STORY...

Don’t settle for average or less than best.  Call the experts Becky & Monica and put the power of Herman & Davis Properties and the #1 real estate company, Charter One Realty to work for you.