During the period of 7/18 through 7/31, twelve new listings came on the market in Hilton Head Plantation. There were also eleven listing that experienced price reductions.
Two of the pended listing closed. The properties that closed were 17 Pineland Road, for $290,000 and 69 Crooked Pond, for $275,000. Eight homes also went pending during this period. Out of the eight home that pended, one was a foreclosure, one was a short sale, and one was an estate sale. So, 38.5% of the properties to go under contract fell into these categories, proving that buyers are still looking for homes that are priced under market value.
Hilton Head Plantation market reports for the month of July have been posted on this website. If you prefer to have me email them to you on a monthly basis, please send me an email request and I will be happy to do so.
