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The State of the North and South Forest Beach Oceanfront Villas Real Estate Market - May 2018

Wednesday, May 9th, 2018 at 8:56am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

North and South Forest Beach Oceanfront Villas

North and South Forest Beach real estate is changing and while the market can be tough to navigate, knowledge truly is power. Whether you are considering selling or not, being well informed about the market you live in is as valuable as your most hard-earned asset - your home. This North and South Forest Beach Oceanfront Villas real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares home sales from previous months, discusses supply and demand and shows the status of the homes in North and South Forest Beach Oceanfront Villas.

In the North and South Forest Beach Oceanfront Villas area, 25 villas closed in the first four months of 2018, with 28 closing during the same period last year. So far, the total dollar volume of 2018 is $8,620,500, down compared to $9,314,256 in 2017. Supply and demand: as of May 1st, 2018, there are 47 North and South Forest Beach Oceanfront Villas listed for sale with an average of 6 villas selling per month over the last six months. That translates into a 7.83-month supply, considered by industry experts to be a buyer’s market. There are nine villas under contract in North and South Forest Beach Oceanfront Villas. 

 

     

 

 

About the Community

Forest Beach is the perfect location for those who want to be at the heart of it all! Located on the south end of the island, Forest Beach provides easy access to miles of coastline, unique shops, and some of Hilton Head Island's best restaurants. This area attracts many people due to its close proximity to Coligny iPlaza, the island's hub for live music, beach games, and fun events that the whole family loves. Forest Beach is also close to the Coligny Theater, the oldest movie theater on the island. With easy access to some of the island's best attractions, Forest Beach provides the perfect location and atmosphere for a fun, authentic island experience. Downtown Hilton Head Island

Forest Beach is an eclectic community on the south end of Hilton Head Island, South Carolina. The center of the community is Coligny Plaza where there are hotels, condominiums, stores and restaurants. If any place on the island is downtown, it is Coligny Plaza. Many people love this part of Hilton Head Island because there are so many fun things to do. Of course, the highlight of Forest Beach is the long stretch of beautiful coastline. Many Forest Beach homeowners can enjoy the gorgeous view of the ocean, all while being in close proximity to surfing, sunbathing, swimming and scenic walks on the beach.

Because the beach is so accessible, many of the owners rent their homes out on the short-term vacation rental market.

Real Estate in Forest Beach

Whether you are in the market for a beach condominium, a beach house or a home overlooking the ocean, you can find it in the Forest Beach neighborhood of Hilton Head Island. The wide range of housing options makes this a great community, providing home buyers with the opportunity to find the perfect home in a variety of price ranges. You can find beautiful luxury beach homes with exceptional features, stunning condos with views of the beach, or quaint beach cottages - all right around the corner from the Atlantic Ocean!

 

 

 

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