Spring = Hot Real Estate Market
If you have been putting off listing your property on Seabrook Island, now could be the right time to call your favorite Seabrook Island Real Estate agent! Many of our recent clients, depending on their stage in life, have been considering either upsizing from a villa to a home, or downsizing from the home they have lived in for years to a townhome, cottage home or villa.
Rising interest rates, a rising stock market, the euphoria that only spring weather can bring, and no election in the immediate future have made activity and interest in Seabrook real estate extremely high right now. After just two and one half months, Seabrook Island already has 65 properties closed or under contract waiting to close. Seabrook Island Real Estate’s first quarter closings are expected to be 44% of what we considered a very good first quarter in 2016.
Listing inventory continues to be stable, as the number of sales has been pretty much matching the number of new listings coming on the market. Certain segments of the market are actually short of inventory. Competitively priced, well-conditioned homes and villas are selling. Our agents can help you with both of those areas, determining the appropriate value for your home by looking at recent sales and providing resources to prepare your property for sale.
Real estate decisions are very personal and at times very emotional, especially when they involve a wonderful place like Seabrook. So please feel free to call me anytime to discuss your plans for buying or selling. Thanks again, and have a great spring!
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