All Blog Entries by Stephanie Kersten

Annual Report on the Hilton Head Housing Market

Straight from the source: Take a look at this report from the Hilton Head Area Association of Realtors.

2023 was a challenging year for the U.S. housing market:

"Mortgage rates hit a 2-decade high, housing inventory remained at historic lows, and sales prices continued to climb nationwide, putting homeownership out of reach for many consumers. Housing affordability remained a top concern for homebuyers, and for good reason: mortgage payments are up significantly from 2022, with a number of homeowners now spending more than 30% of their income on their monthly payment. As a result, sales of previously owned homes remained sluggish throughout the year, while the shortage of existing-home inventory

Bill True and Berkshire Hathaway HomeServices Hilton Head Bluffton Realty are pleased to offer these professional and dynamic 60-second market updates for our clients.  The videos touch on 5 key components of market activity:  Active Inventory, Median Listing Price, Days on the Market, Median Sales Price, Units Sold.  

1. Sea Pines
2. Palmetto Dunes & Shelter Cove 
3. Forest Beach
4. Shipyard 
5. Folly Field, Hilton Head          
6. Hilton Head Plantation
7. Windmill Harbour
8. Long Cove 
9. Hilton Head Condos ($250K+)
10. Hilton Head Luxury Homes          
11. Bluffton   
12. Oldfield 
13. Sun City
14. Latitude Margaritaville           

15. Bluffton Luxury Homes   

My goal with these fact-based videos is to share with my clients and