Improved interest in 2011 certainly equates to improved activity in 2012. We have 39 properties either sold or contingent at March 31 2012. With the trend continuing this will be the fourth year in a row with improved sales transactions on Seabrook Island.
Bank sales equate to approximately 20% of the market in 2011 and may be similar for closings in 2012. The sales average should also continue to rise this year. First quarter average is up, reflecting increased movement in higher valued properties.
We look forward to showcasing Seabrook Island to our many visitors during the 2012 PGA Tournament in August.
Article contributed by: Joy Millar ABR, RSPS, The Kiawah Seabrook Group of Dunes Properties. Our office is conveniently located at Bohicket Marina & Market, stop in for all of your real estate needs.
The Charleston Trident Association of Realtors released their preliminary report this week showing that, through the Multiple Listing Service, 899 changed hands last month. That is a 9% increase in home sales in the region.
This is the busiest March since 2007 according to Herb Kroger, the association’s present. Declining inventory must be a factor, but an early warm spring has also encouraged buyers.
Stop by Bohicket Marina and say hello to The Kiawah Seabrook Group of Dunes Properties. They can give you updated real estate information on Kiawah, Seabrook, Wadmalaw and Johns Island.