In addition to the quandary of ongoing housing price increases and affordability concerns in many U.S. markets, the first quarter of 2019 saw a fair share of adverse weather as well. Sales totals were mixed across the nation and sometimes dependent on what was a persistent wintry mix, especially in the Great Plains, Midwest and Northeast. Meanwhile, new listings and total homes for sale have been trending lower in year-over-year comparisons in many areas, and last year's marks were already quite low.
New Listings were down 3.4 percent to 748. Pending Sales decreased 2.3 percent to 553. Inventory grew 7.4 percent to 2,433 units.
Prices moved higher as Median Sales Price was up 8.7 percent to $325,000. Days on Market increased 0.7 percent to 139 days.
The Hilton Head Island Region of the South Carolina Lowcountry has won awards over the last ten years for its ever-improving status as the destination in the United States if you want to play golf.
From Golf Magazine designating Hilton Head among the top five golf havens for retirees, to Golf Digest recently ranking it in seven of the eight top categories for golf destinations in its “Top 10 Best Courses” listing. Add to those impressive honors the International Association of Golf Tour Operators (IAGTO) recognition as the Sustainable Golf Destination of the Year and you will have zeroed in on the choice location to visit, or better yet, to become a resident of, if golf is your passion.
I’ll define the Hilton Head Island Region as the geography
