After looking at the stats for the first month of 2008, I was amazed to find that we really aren't far off from 2007 in number of transactions, dollar volume, average list to sales price ratio and prices. What did change was the number of days on the market or DOM. Here are some stats for you to review:
Home sales 2007 77 Sold $35,020,339 Avg Sales Price $621,170 Avg DOM 91
2008 72 $42,468,276 $775,661 Avg DOM increased to 146
Hilton Head and Bluffton are good values and will remain attractive to people from all over the world.