Page 1

THE STATE

Our international reach finds home buyers.

of the North & South Forest Beach Oceanfront Villas Real Estate Market February 2018

5

Continents

33

KEY METRICS

Countries

750

+

January 2018 in Review

Shops

For the North and South Forest Beach oceanfront villas, five villas closed in the first month of 2018, compared to the four that closed the same time last year. January’s 2018 total dollar volume was $2.156M, up compared to $1.059M in 2017. Supply and demand: as of February 5th, 2018, there are 43 North and South Forest Beach Villas listed for sale with an average of 5.17 villas selling per month over the last six months. That translates into a 8.32-month supply, considered by industry experts to be a buyer’s market. There are eight villas under contract in the North and South Forest Beach oceanfront area.

9,000+

Advisors

International buyers have invested more than $92 billion in U.S. homes (Source: 2014 Profile of International Home Buying Activity). Today’s real estate professionals need to demonstrate international expertise and have the proven ability to promote their properties to buyers worldwide. Engel & Völkers is a revolutionary global brand with more than 750 brokerages and 9,000 advisors in highly desirable markets including the United States, Canada and Europe. A global real estate network with buyer referrals from national and international markets such as Atlanta, New York Metro Area, Canada and Europe.

5

$253,500

92.89%

156

Total Sales

Median Price

Sale to List Price

Median Days on Market

Industry-leading technology tools that reach home buyers and sellers online where 92% of people begin their home search. Source: National Association of Realtors

At Engel & Völkers Hilton Head Island - Bluffton, we are committed to bringing that same revolutionary approach to the North and South Forest Beach real estate market. Our goal is to provide unrivaled service in the residential real estate market as we bring qualified buyers from around the world to unique properties throughout the Lowcountry. Only the most dedicated and professional advisors, with an exclusive clientele built from years of experience, are a part of our brand. By combining the local market expertise of our seasoned team with an exceptional global network, we are able to find buyers for our deserving clients.

Hilton Head Island Real Estate Market Overview ACTIVE LISTINGS ON HILTON HEAD ISLAND

We believe that discretion is the cornerstone of any trustworthy relationship and that protecting the interests of our clients is a point of honor. At Engel & Völkers, we firmly count on innovation, co-operation, professionalism and reliability to drive success. Our culture of expertise and passion is shared through our proprietary technology which leverages the full power of our network for the clients we serve. In this way, we are truly connected. Let us make the right connections for you. We look forward to working with you closely to examine your real estate goals before developing a strategy to obtain them.

591

Please contact me to schedule a brief introductory meeting and complimentary home valuation.

How’s the Hilton Head Island Real Estate Market Doing?

YTD Hilton Head Island Home Sales YTD Through January 31 for Each Year

COMMUNITY SPECIALIST Scott Regene is your North and South Forest Beach Real Estate Specialist. Contact me for a complimentary home valuation

and discover how I can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.

Scott Regene Real Estate Advisor Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton

Telephone: 843-949-0522 Email: scott.regene@evusa.com Website: www.scottregene.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

PRSRT STD US POSTAGE PAID Permit 73

Hilton Head Is., SC

Year

Number of Homes Sold

Median Price

2013

38

$567,000

2014

53

$490,000

2015

45

$535,000

2016

62

$447,500

2017

54

$504,000

2018

64

$496,000

The Hilton Head Island housing market in January 2018 enjoyed its best year since the beginning of the recession. More homes sold in January 2018 than in any January since 2005, according to statistics from the Hilton Head Area Multiple Listing Service. As you can see from the chart to the left sales on the Island are up 10 homes sold (19%) over January 2017. The median price however did drop an insignificant 1.6% compared to January 2017 but is 42% below the peak set in 2006. With today’s historically low interest rates and prices still way below the peak, it is an extraordinary time to invest in real estate on the Island.

This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through February 7, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.


North & South Forest Beach Oceanfront Villa Listings VILLA COMPLEX

ADDRESS

VIEW

Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Pending Pending Pending Pending Pending Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas Ocean One Villas Shorewood Villas Ocean One Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas Shorewood Villas Shorewood Villas Shorewood Villas Shorewood Villas Shorewood Villas Ocean One Villas The Sea Crest Villas The Sea Crest Villas Shorewood Villas Shorewood Villas Ocean Club Villas Shorewood Villas North Shore Place Villas North Shore Place Villas Ocean One Villas Sea Side Villas Ocean One Villas Carolina Beach Club Ocean Dunes Villas Ocean Club Villas Ocean Dunes Villas Sea Side Villas Sea Side Villas Breakers Villas Breakers Villas Breakers Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Ocean One Villas Shorewood Villas Ocean Club Villas Sea Side Villas Carolina Beach Club Sea Side Villas Sea Side Villas Sea Side Villas Shorewood Villas The Sea Crest Villas Ocean One Villas North Shore Place Villas Ocean Dunes Villas Ocean Dunes Villas Ocean Dunes Villas Carolina Beach Club Ocean Dunes Villas Ocean Dunes Villas Breakers Villas Ocean Dunes Villas Sea Side Villas Carolina Beach Club Breakers Villas Sea Side Villas

10 N Forest Beach Drive #PH 2 10 N Forest Beach Drive #PH 1 10 N Forest Beach Drive #3103 11 S Forest Beach Drive #523 21 S Forest Beach Drive #535 11 S Forest Beach Drive #301 10 N Forest Beach Drive #2115 10 N Forest Beach Drive #2410 10 N Forest Beach Drive #2209 10 N Forest Beach Drive #2511 10 N Forest Beach Drive #2506 21 S Forest Beach Drive #101 21 S Forest Beach Drive #436 21 S Forest Beach Drive #208 21 S Forest Beach Drive #108 21 S Forest Beach Drive #107 11 S Forest Beach Drive #202 10 N Forest Beach Drive #2106 10 N Forest Beach Drive #2108 21 S Forest Beach Drive #137 21 S Forest Beach Drive #231 31 S Forest Beach #4 21 S Forest Beach Drive #418 3 N Forest Beach #107 3 N Forest Beach #207 11 S Forest Beach Drive #122 23 S Forest Beach #221 11 S Forest Beach Drive #220 39 S Forest Beach Drive #229 43 S Forest Beach Drive #104 31 S Forest Beach #10 43 S Forest Beach Drive #120 23 S Forest Beach #126 23 S Forest Beach #174 4 N Forest Beach Drive #129 4 N Forest Beach Drive #122 4 N Forest Beach Drive #305 23 S Forest Beach #180 23 S Forest Beach #220 23 S Forest Beach #138 23 S Forest Beach #316 23 S Forest Beach #309 23 S Forest Beach #310 11 S Forest Beach Drive #401 21 S Forest Beach Drive #223 31 S Forest Beach #13 23 S Forest Beach #326 39 S Forest Beach Drive #529 23 S Forest Beach #121 23 S Forest Beach #170 23 S Forest Beach Drive #352 21 S Forest Beach Drive #506 10 N Forest Beach Drive #2513 11 S Forest Beach Drive #113 3 N Forest Beach #509 43 S Forest Beach Drive #305 43 S Forest Beach Drive #307 43 S Forest Beach Drive #408 39 S Forest Beach Drive #528 43 S Forest Beach Drive #406 43 S Forest Beach Drive #218 4 N Forest Beach Drive #333 43 S Forest Beach Drive #106 23 S Forest Beach #157 36 S Forest Beach Drive #527 4 N Forest Beach Drive #304 23 S Forest Beach #217

Landscape, Ocean Landscape, Ocean Ocean Deep Water, Ocean Ocean, Pool Ocean, Ocean Ocean Ocean Ocean Ocean Ocean Ocean, Pool Landscape, Ocean Deep Water, Ocean Ocean Ocean Wooded Landscape, Ocean Ocean Ocean, Pool Ocean, Pool Landscape, Pool Ocean, Pool Landscape Landscape, Wooded Landscape Ocean Landscape Ocean Ocean Pool Ocean Ocean Ocean Ocean, Pool Ocean, Pool Landscape Deep Water, Ocean Ocean Ocean Ocean Ocean Ocean Ocean Ocean, Pool Landscape Ocean Ocean Ocean Ocean Ocean Ocean Ocean Ocean Landscape, Wooded Ocean Ocean, Pool Ocean Ocean Ocean Ocean Ocean, Pool Ocean, Pool Ocean Ocean Ocean, Wooded Ocean

TOTAL FULL HALF APPROX. FURNISHED BEDROOMS BATHS BATHS SQ. FOOTAGE 5 4 1 No 4,000 4 4 1 No 3,800 3 3 0 Yes 2,060 4 4 0 Yes 2,600 3 3 0 Yes 1,450 4 3 0 Yes 1,819 3 3 0 Yes 1,750 2 2 0 Yes 1,327 3 3 0 Yes 2,004 2 2 0 Yes 1,327 2 2 0 Yes 1,327 3 3 0 Yes 1,437 2 2 0 Yes 1,125 2 2 0 No 1,109 2 2 0 Yes 1,109 3 3 0 Yes 1,437 4 3 0 Yes 1,819 2 2 0 Yes 1,327 2 2 0 Yes 1,327 2 2 0 Yes 1,200 2 2 0 Yes 1,200 2 2 0 Yes 1,296 2 2 0 Yes 1,270 2 2 0 Yes 1,261 2 2 0 Yes 1,261 3 3 0 Yes 1,584 1 1 0 Yes 560 2 2 0 Yes 1,293 2 2 0 Yes 682 2 2 0 Yes 800 2 2 0 Yes 1,296 1 1 0 Yes 538 1 1 0 Yes 560 1 1 0 No 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 4 3 0 Yes 1,819 3 3 0 Yes 1,816 2 2 0 Yes 1,296 1 1 0 Yes 560 2 2 0 Yes 682 1 1 0 Yes 560 1 1 0 Yes 560 1 1 0 Yes 518 3 3 0 Yes 1,437 2 2 0 Yes 1,327 3 3 0 Yes 1,584 2 2 0 Yes 1,261 2 2 0 Yes 800 1 1 0 Yes 538 1 1 0 Yes 538 2 2 0 Yes 682 1 1 0 Yes 538 1 1 0 Yes 538 1 1 0 Yes 518 1 1 0 Yes 538 1 1 0 Yes 518 1 1 0 Yes 525 1 1 0 Yes 518 1 1 0 Yes 518

The Impact Staging Your Home Has on Sales Price

LIST PRICE CLOSE PRICE $1,795,000 $1,595,000 $1,249,000 $1,225,000 $995,000 $850,000 $799,000 $709,000 $700,000 $699,000 $679,000 $675,000 $650,000 $649,000 $625,000 $599,000 $579,000 $569,000 $559,900 $525,000 $499,900 $446,000 $439,000 $438,500 $434,000 $429,900 $399,000 $369,000 $349,000 $340,000 $337,000 $266,500 $262,500 $259,900 $249,500 $249,000 $229,900 $210,000 $199,000 $189,000 $182,500 $179,500 $170,000 $799,000 $549,000 $449,000 $298,500 $275,000 $274,900 $239,000 $189,900 $999,900 $599,999 $595,000 $459,000 $439,000 $299,000 $279,000 $275,000 $264,900 $250,000 $239,000 $222,500 $200,000 $190,000 $189,900 $189,000

------------------------------------------------------------------------------------------------------$925,000 $575,000 $500,000 $425,000 $375,000 $275,000 $253,500 $275,000 $250,000 $225,000 $222,000 $210,000 $200,000 $170,000 $180,000 $175,000

Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between November 1, 2017 and January 1, 2018

KEY TRENDS

Source: Keeping Current Matters, January 2018

To Stage...or Not to Stage? That is the Question! The National Association of Realtors surveyed their members and released the findings of their Annual Profile of Home Staging.

TOP findings from seller’s agents Living Room

25% 50%

of sellers paid to have their homes staged before listing of staged homes saw a 1-10% increase in dollar value offers from buyers

TOP findings from BUYEr’s agents

77% 40% 38% 44%

said staging made it easier for home buyers to visualize the home as their own of buyers were more willing to visit a home they saw online if it was staged

TOP ROOMS TO STAGE TO ATTRACT BUYERS

STATUS

Master Bedroom

Kitchen

saw positive impact on home value if the home is decorated to a buyer’s taste saw an increase of 1-10% in dollar value offers on a staged home Dining Room

Some Highlights: • The National Association of Realtors surveyed their members and released the findings of their Annual Profile of Home Staging • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room


North & South Forest Beach Oceanfront Villa Listings VILLA COMPLEX

ADDRESS

VIEW

Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Pending Pending Pending Pending Pending Pending Pending Pending Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas Ocean One Villas Shorewood Villas Ocean One Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas The Sea Crest Villas Shorewood Villas Shorewood Villas Shorewood Villas Shorewood Villas Shorewood Villas Ocean One Villas The Sea Crest Villas The Sea Crest Villas Shorewood Villas Shorewood Villas Ocean Club Villas Shorewood Villas North Shore Place Villas North Shore Place Villas Ocean One Villas Sea Side Villas Ocean One Villas Carolina Beach Club Ocean Dunes Villas Ocean Club Villas Ocean Dunes Villas Sea Side Villas Sea Side Villas Breakers Villas Breakers Villas Breakers Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Sea Side Villas Ocean One Villas Shorewood Villas Ocean Club Villas Sea Side Villas Carolina Beach Club Sea Side Villas Sea Side Villas Sea Side Villas Shorewood Villas The Sea Crest Villas Ocean One Villas North Shore Place Villas Ocean Dunes Villas Ocean Dunes Villas Ocean Dunes Villas Carolina Beach Club Ocean Dunes Villas Ocean Dunes Villas Breakers Villas Ocean Dunes Villas Sea Side Villas Carolina Beach Club Breakers Villas Sea Side Villas

10 N Forest Beach Drive #PH 2 10 N Forest Beach Drive #PH 1 10 N Forest Beach Drive #3103 11 S Forest Beach Drive #523 21 S Forest Beach Drive #535 11 S Forest Beach Drive #301 10 N Forest Beach Drive #2115 10 N Forest Beach Drive #2410 10 N Forest Beach Drive #2209 10 N Forest Beach Drive #2511 10 N Forest Beach Drive #2506 21 S Forest Beach Drive #101 21 S Forest Beach Drive #436 21 S Forest Beach Drive #208 21 S Forest Beach Drive #108 21 S Forest Beach Drive #107 11 S Forest Beach Drive #202 10 N Forest Beach Drive #2106 10 N Forest Beach Drive #2108 21 S Forest Beach Drive #137 21 S Forest Beach Drive #231 31 S Forest Beach #4 21 S Forest Beach Drive #418 3 N Forest Beach #107 3 N Forest Beach #207 11 S Forest Beach Drive #122 23 S Forest Beach #221 11 S Forest Beach Drive #220 39 S Forest Beach Drive #229 43 S Forest Beach Drive #104 31 S Forest Beach #10 43 S Forest Beach Drive #120 23 S Forest Beach #126 23 S Forest Beach #174 4 N Forest Beach Drive #129 4 N Forest Beach Drive #122 4 N Forest Beach Drive #305 23 S Forest Beach #180 23 S Forest Beach #220 23 S Forest Beach #138 23 S Forest Beach #316 23 S Forest Beach #309 23 S Forest Beach #310 11 S Forest Beach Drive #401 21 S Forest Beach Drive #223 31 S Forest Beach #13 23 S Forest Beach #326 39 S Forest Beach Drive #529 23 S Forest Beach #121 23 S Forest Beach #170 23 S Forest Beach Drive #352 21 S Forest Beach Drive #506 10 N Forest Beach Drive #2513 11 S Forest Beach Drive #113 3 N Forest Beach #509 43 S Forest Beach Drive #305 43 S Forest Beach Drive #307 43 S Forest Beach Drive #408 39 S Forest Beach Drive #528 43 S Forest Beach Drive #406 43 S Forest Beach Drive #218 4 N Forest Beach Drive #333 43 S Forest Beach Drive #106 23 S Forest Beach #157 36 S Forest Beach Drive #527 4 N Forest Beach Drive #304 23 S Forest Beach #217

Landscape, Ocean Landscape, Ocean Ocean Deep Water, Ocean Ocean, Pool Ocean, Ocean Ocean Ocean Ocean Ocean Ocean Ocean, Pool Landscape, Ocean Deep Water, Ocean Ocean Ocean Wooded Landscape, Ocean Ocean Ocean, Pool Ocean, Pool Landscape, Pool Ocean, Pool Landscape Landscape, Wooded Landscape Ocean Landscape Ocean Ocean Pool Ocean Ocean Ocean Ocean, Pool Ocean, Pool Landscape Deep Water, Ocean Ocean Ocean Ocean Ocean Ocean Ocean Ocean, Pool Landscape Ocean Ocean Ocean Ocean Ocean Ocean Ocean Ocean Landscape, Wooded Ocean Ocean, Pool Ocean Ocean Ocean Ocean Ocean, Pool Ocean, Pool Ocean Ocean Ocean, Wooded Ocean

TOTAL FULL HALF APPROX. FURNISHED BEDROOMS BATHS BATHS SQ. FOOTAGE 5 4 1 No 4,000 4 4 1 No 3,800 3 3 0 Yes 2,060 4 4 0 Yes 2,600 3 3 0 Yes 1,450 4 3 0 Yes 1,819 3 3 0 Yes 1,750 2 2 0 Yes 1,327 3 3 0 Yes 2,004 2 2 0 Yes 1,327 2 2 0 Yes 1,327 3 3 0 Yes 1,437 2 2 0 Yes 1,125 2 2 0 No 1,109 2 2 0 Yes 1,109 3 3 0 Yes 1,437 4 3 0 Yes 1,819 2 2 0 Yes 1,327 2 2 0 Yes 1,327 2 2 0 Yes 1,200 2 2 0 Yes 1,200 2 2 0 Yes 1,296 2 2 0 Yes 1,270 2 2 0 Yes 1,261 2 2 0 Yes 1,261 3 3 0 Yes 1,584 1 1 0 Yes 560 2 2 0 Yes 1,293 2 2 0 Yes 682 2 2 0 Yes 800 2 2 0 Yes 1,296 1 1 0 Yes 538 1 1 0 Yes 560 1 1 0 No 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 1 1 0 Yes 518 4 3 0 Yes 1,819 3 3 0 Yes 1,816 2 2 0 Yes 1,296 1 1 0 Yes 560 2 2 0 Yes 682 1 1 0 Yes 560 1 1 0 Yes 560 1 1 0 Yes 518 3 3 0 Yes 1,437 2 2 0 Yes 1,327 3 3 0 Yes 1,584 2 2 0 Yes 1,261 2 2 0 Yes 800 1 1 0 Yes 538 1 1 0 Yes 538 2 2 0 Yes 682 1 1 0 Yes 538 1 1 0 Yes 538 1 1 0 Yes 518 1 1 0 Yes 538 1 1 0 Yes 518 1 1 0 Yes 525 1 1 0 Yes 518 1 1 0 Yes 518

The Impact Staging Your Home Has on Sales Price

LIST PRICE CLOSE PRICE $1,795,000 $1,595,000 $1,249,000 $1,225,000 $995,000 $850,000 $799,000 $709,000 $700,000 $699,000 $679,000 $675,000 $650,000 $649,000 $625,000 $599,000 $579,000 $569,000 $559,900 $525,000 $499,900 $446,000 $439,000 $438,500 $434,000 $429,900 $399,000 $369,000 $349,000 $340,000 $337,000 $266,500 $262,500 $259,900 $249,500 $249,000 $229,900 $210,000 $199,000 $189,000 $182,500 $179,500 $170,000 $799,000 $549,000 $449,000 $298,500 $275,000 $274,900 $239,000 $189,900 $999,900 $599,999 $595,000 $459,000 $439,000 $299,000 $279,000 $275,000 $264,900 $250,000 $239,000 $222,500 $200,000 $190,000 $189,900 $189,000

------------------------------------------------------------------------------------------------------$925,000 $575,000 $500,000 $425,000 $375,000 $275,000 $253,500 $275,000 $250,000 $225,000 $222,000 $210,000 $200,000 $170,000 $180,000 $175,000

Definitions for Listings Active - On the Market Pending - Under Contract Sold - Closed Between November 1, 2017 and January 1, 2018

KEY TRENDS

Source: Keeping Current Matters, January 2018

To Stage...or Not to Stage? That is the Question! The National Association of Realtors surveyed their members and released the findings of their Annual Profile of Home Staging.

TOP findings from seller’s agents Living Room

25% 50%

of sellers paid to have their homes staged before listing of staged homes saw a 1-10% increase in dollar value offers from buyers

TOP findings from BUYEr’s agents

77% 40% 38% 44%

said staging made it easier for home buyers to visualize the home as their own of buyers were more willing to visit a home they saw online if it was staged

TOP ROOMS TO STAGE TO ATTRACT BUYERS

STATUS

Master Bedroom

Kitchen

saw positive impact on home value if the home is decorated to a buyer’s taste saw an increase of 1-10% in dollar value offers on a staged home Dining Room

Some Highlights: • The National Association of Realtors surveyed their members and released the findings of their Annual Profile of Home Staging • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room


THE STATE

Our international reach finds home buyers.

of the North & South Forest Beach Oceanfront Villas Real Estate Market February 2018

5

Continents

33

KEY METRICS

Countries

750

+

January 2018 in Review

Shops

For the North and South Forest Beach oceanfront villas, five villas closed in the first month of 2018, compared to the four that closed the same time last year. January’s 2018 total dollar volume was $2.156M, up compared to $1.059M in 2017. Supply and demand: as of February 5th, 2018, there are 43 North and South Forest Beach Villas listed for sale with an average of 5.17 villas selling per month over the last six months. That translates into a 8.32-month supply, considered by industry experts to be a buyer’s market. There are eight villas under contract in the North and South Forest Beach oceanfront area.

9,000+

Advisors

International buyers have invested more than $92 billion in U.S. homes (Source: 2014 Profile of International Home Buying Activity). Today’s real estate professionals need to demonstrate international expertise and have the proven ability to promote their properties to buyers worldwide. Engel & Völkers is a revolutionary global brand with more than 750 brokerages and 9,000 advisors in highly desirable markets including the United States, Canada and Europe. A global real estate network with buyer referrals from national and international markets such as Atlanta, New York Metro Area, Canada and Europe.

5

$253,500

92.89%

156

Total Sales

Median Price

Sale to List Price

Median Days on Market

Industry-leading technology tools that reach home buyers and sellers online where 92% of people begin their home search. Source: National Association of Realtors

At Engel & Völkers Hilton Head Island - Bluffton, we are committed to bringing that same revolutionary approach to the North and South Forest Beach real estate market. Our goal is to provide unrivaled service in the residential real estate market as we bring qualified buyers from around the world to unique properties throughout the Lowcountry. Only the most dedicated and professional advisors, with an exclusive clientele built from years of experience, are a part of our brand. By combining the local market expertise of our seasoned team with an exceptional global network, we are able to find buyers for our deserving clients.

Hilton Head Island Real Estate Market Overview ACTIVE LISTINGS ON HILTON HEAD ISLAND

We believe that discretion is the cornerstone of any trustworthy relationship and that protecting the interests of our clients is a point of honor. At Engel & Völkers, we firmly count on innovation, co-operation, professionalism and reliability to drive success. Our culture of expertise and passion is shared through our proprietary technology which leverages the full power of our network for the clients we serve. In this way, we are truly connected. Let us make the right connections for you. We look forward to working with you closely to examine your real estate goals before developing a strategy to obtain them.

591

Please contact me to schedule a brief introductory meeting and complimentary home valuation.

How’s the Hilton Head Island Real Estate Market Doing?

YTD Hilton Head Island Home Sales YTD Through January 31 for Each Year

COMMUNITY SPECIALIST Scott Regene is your North and South Forest Beach Real Estate Specialist. Contact me for a complimentary home valuation

and discover how I can increase your property’s visibility both nationally and internationally through Engel & Völkers global real estate network, unique digital platforms, social media presence, and local market expertise.

Scott Regene Real Estate Advisor Main Shop | 800 Main Street, Hilton Head Island South Island Lounge | 7 New Orleans Road, Hilton Head Island Historic Bluffton Lounge | 6 Promenade Street, Suite 1001, Bluffton

Telephone: 843-949-0522 Email: scott.regene@evusa.com Website: www.scottregene.evusa.com ©2018 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

PRSRT STD US POSTAGE PAID Permit 73

Hilton Head Is., SC

Year

Number of Homes Sold

Median Price

2013

38

$567,000

2014

53

$490,000

2015

45

$535,000

2016

62

$447,500

2017

54

$504,000

2018

64

$496,000

The Hilton Head Island housing market in January 2018 enjoyed its best year since the beginning of the recession. More homes sold in January 2018 than in any January since 2005, according to statistics from the Hilton Head Area Multiple Listing Service. As you can see from the chart to the left sales on the Island are up 10 homes sold (19%) over January 2017. The median price however did drop an insignificant 1.6% compared to January 2017 but is 42% below the peak set in 2006. With today’s historically low interest rates and prices still way below the peak, it is an extraordinary time to invest in real estate on the Island.

This information is based on data provided by Multiple Listing Service of Hilton Head Island, Inc. (“HHIMLS”) for the period January 2018 through February 7, 2018. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market.

The State of the North and South Forest Beach Villas - February 2018  

This February 2018 North and South Forest Beach Oceanfront Villas real estate market report shows how the Hilton Head Island - Bluffton real...

The State of the North and South Forest Beach Villas - February 2018  

This February 2018 North and South Forest Beach Oceanfront Villas real estate market report shows how the Hilton Head Island - Bluffton real...

Advertisement