Attached you will find the latest market news for the Lowcountry and the surrounding areas. The information is calculated and provided to us by the Hilton Head Area Association of Realtors and Hilton Head Multiple Listing Service on a monthly basis. This report is computed through the month of November 2012.

The market in the Hilton Head and surrounding areas seems to be making a slow recovery. Communities are seeing inventories decrease and experiencing less distress sales which contributed to a median sales price increase of 1.3%. New listings have decreased by 10.8% which is also helping prices increase bit by bit. Pending sales are up 20.5% and closed sales have increased by 24.1% year to date.  Another positive is the days on the market have decreased giving us an average of 122 days.

Although we have not seen a full recovery, it is nice to see those steady increases. We are looking forward to a very productive 2013 for the Hilton Head Area.

 

 

Open publication - Free publishing

Windmill Harbour’s first Christmas Floral Arrangement Competition was conducted this past Saturday, along with a celebration and preview of the newly completed security building. An exquisitely beautiful day was enjoyed by all in attendance. Joyous Christmas music resounded while trays overflowing with petite sweets, a huge urn of fresh hot coffee and boxwood-wreathed crystal bowl of holiday punch were happily consumed amid smiley chatter and neighbors of good will. A professional floral arranger from  The Greenery who consented to award the coveted ribbons certainly had a difficult task choosing as all six entries were wonderfully creative and magnificently orchestrated. Thank you Patti Miller, Corinne Tardio, Patricia Fennell, Ann McNear, Pat Moore and Betsy Reed for gracing our entryway with the results of your talented artistry! It is hoped that next year’s competition is benefited by the success of this initial thrust and many more “arrangers of the flora” will be inspired to participate in the merriment.

 

Marguerite Carver GRI, CRS

Associate Realtor

(215)680-5650

Just Listed in Windmill Harbour ~ Waterfront Townhome

Views, Views, Views! Totally remodeled townhome with views all the way to Harbourtown. Updated kitchen with granite counter tops, stainless appliances, bar area, and glass front cabinets. Open floor plan with access to rear 2 tier trex deck. Hardwood flooring and custom moulding throughout the downstairs. Large master suite with fireplace and wonderful water views. 3 stop elevator and heated and cooled workshop in the 3 car garage are just a few of the extras. Professionally landscaped with tabby driveway make for wonderful curb appeal. Offered at $956,000. For more information, call Joe Lucchesi at (843)384-6183 or e-mail ndlucchesi@aol.com.