Hilton Head’s total sales figures are UP over $40 million for the first six months of 2012 compared to the first six months of 2011. That is a 12.6% increase in dollar volume. 16 more homes, 84 more villas & 6 more lots sold. Average & median price of home sales are barely down at .01%. That’s .01, not 1%. Villa prices are up. Lot prices increased in median price, but not average. The data is showing hope for price stability coming back to the Hilton Head market.

HILTON HEAD ISLAND $$$ 2012 Mid-Year Review $$$

(Jan.-June year to year) 2011 2012 HOMES Homes Sold............….. 351...........…..……373. Average Price..............$660,985.......… ...$653,023. Median price………...$490,000.……..….$475,000. Days on Market.............. 172..............…… ..172. Total Home Sales..…$232,005,823..….$243,577,483. VILLAS Villas Sold.............…….385.............…..…..469. Average Price..............$208,781.........…..$233,235. Median Price………...$139,000...............$187,000. Days on Market...............161.......................149. Total Villa Sales.......$80,380,872……..$109,387,287. LOTS Lots Sold...................…...55..........................61. Average Price...............$245,579..........…$227,168. Median Price…………$105,000………...$135,000. Days on Market...............197................……231. Total Lot Sales...........$13,506,850...……$13,857,260.

$$$ TOTAL TRANSACTIONS $$$ for Residential Homes, Lots, & Villas, Jan.-June,

2011:$ 325,893,545. 2012: $366,822,030.

Sales Figures as reported by Multiple Listing Service of Hilton Head Island, June 30, 2012. The data contained herein has not been verified by the Multiple Listing Service of Hilton Head, but is believed to be accurate.

2012 Mid-Year Newsletter from

Felice LaMarca

toll free (877)671-6702 *local (843)671-6702

email:Felice@FeliceLaMarca.com *www.FeliceLaMarca.com

“your source for exceptional homes”

1032 Wm. Hilton Parkway, P.O. Box 7526, Hilton Head Island, SC 29938

Look at Where and what the buyers are buying. This year 257 homes sold under $600,000 compared to 228 in first 6 months of 2011. The leading price range was $400,000-$600,000 with 123 sold, followed closely by $200,000-$400,000 with 102 sold. 57 homes sold over $1 Million, up 9 homes from 2011. Of the 6 homes that sold over $3 Million year to date in 2012, 4 were in Sea Pines, 1 was in Palmetto Dunes and 1 in Wexford. 373 home sales from Jan.-June 2012 break out like this: Homes sold by Community: 1. Sea Pines with 93 home sales. 2. Hilton Head Plantation with 80 home sales. 3. Off-Plantation with 64 home sales. 4. Indigo Run with 26 home sales. 5. Palmetto Dunes with 25 homes sales. 6. Port Royal with 15 home sales. 7. Forest Beach with 13 home sales. 8. Palmetto Hall, Shipyard, Wexford & Windmill Harbour each with 10 home sales. 9. Long Cove & Spanish Wells with 8 home sales. 10. Folly field with 1 home sale.

Bluffton Sales on 3rd page

Broker Associate

*Statistical Data courtesy Hilton Head Multiple Listing Service as of July 10, 2012 . The data contained herein has not been reviewed by the Multiple Listing Service of Hilton Head, SC

but is believed to be accurate.

Comparing the first six months of this year to past years, we currently have 728 homes on the market, down 3% from 754 in 2011, down 18% from 892 homes on the market in 2010, down 32% from 1071 in 2009 & down 36% from 1141 homes in 2008. This is the fourth year we have seen a decrease in Inventory. Definitely a trend to be optimistic about. It is clear that the buyers see the lowest prices in 8 years on Hilton Head Island. Those buyers that can obtain a mortgage or pay cash are seizing the opportunity. With inventory in the 4th year of a decline, we are seeing sales price from 92-94% of the list price of homes. Welcome news for sellers who have priced their homes competitively. 469 Villa Sales Jan.-June, 2011 break out like this:

**The table below shows the number of homes and villas that went Under Contract monthly (not necessarily closed) for each month of 2012. The % comparison is to each month of 2011.

The villa complexes that sold the most units: Hilton Head Beach & Tennis Resort in Folly Field

with 22 villas sold, Hilton Head Resort/Four Seasons with 21 villas sold, Summerhouse & The Suites at Park Lane each with

15 sold, The Preserve at Indigo Run with 13 sold, Queens Grant in Palmetto Dunes with 12 sold, Seaside Villas in Forest Beach & The Spa on Port

Royal Sound each with 10 sold. ****The highest prices paid for villas was in Palmetto Dunes. One Windsor Place II for $1,350,000, Two Windsor Courts for $1,162,500 & $1,100,000 & One Hampton Place for $1,000,000. Also, one Schooner Court Villa in Sea Pines sold for $1,000,000. Currently (as of the writing of this newsletter) there are 666 villas on the market. 70% are under $400,000 which is where 85% of the sales were. 40% of those are priced between $200,000-$400,000 which is the range where most villas have sold. 17 villas on the market are over $1 million and only 6 in this price range have sold year to date. The communities that have the most villas for sale are: Palmetto Dunes with 174 active listings, Forest Beach with 150 active listings, Sea Pines with 110 active listings, Off Plantation with 102 active listings.

612 home sales in Bluffton from Jan.-June 2012 break out like this: Bluffton’s higher priced communities continue to suffer as most homes (76% ) in Bluffton sold between $100,000-$400,000 and 99% of all homes sold were under $1 million. Only 7 homes sold over $1 million. 2 were on Harrison Island, one was Savage Island and 4 were in Colleton River. Here is where the Homes Sold: Off- Plantation (includes many Bluffton

communities) with 279 home sales. Sun City with 211 home sales. Moss Creek with 29 home sales. Rose Hill with 21 home sales. Hampton Hall with 20 home sales. Berkeley Hall with 13 home sales. Oldfield with 10 home sales Belfair Colleton River & Hampton Lake each

with 9 home sales. Palmetto Bluff & Hampton Pointe each with

1 home sale. There are currently 605 homes on the market in Bluffton. That is down from 747 in 2011, 963 in 2010, 1119 in 2009 & 1264 in 2008. That is a 19% drop in inventory from 2011 mid-year and a whopping 52% drop over 4 years. Fabulous news for the Bluffton market. 87% of the Bluffton buyers this year were under $400,000, while 67% of the current home inventory is under $400,000.

Bluffton saw a 20% increase in sales volume the first half of the year. More than 28 million dollars came back to Bluffton this year. Welcome news for our community. 11% or 61 more homes sold, 48% or 19 more villas sold, & 54% or 50 more lots sold. This is the 3rd year at this mid-way point that inventory has decreased. Average & median prices increased across the board for homes, villas and lots. As stated for Hilton Head, if this trend continues for Bluffton, we will see much needed price stability.

BLUFFTON (excluding Dataw, Daufuskie, Callawassie

& Spring Islands)

$$$ 2012 Mid-Year Review $$$ (Jan.-June year to year)

2011 2012 HOMES Homes Sold …………..551..............….....…612. Average Price.............$243,663……........$254,480. Median Price………..$202,500…...…….$202,500. Days on Market..............138..........................132. Total Home Sales... $134,258,227....…$155,741,733. VILLAS Villas Sold.............…….40.............……..…..59. Average Price..............$52,263.........…....$76,244. Median Price………...$42,250………….$50,000. Days on Market.......... ..78....................…....88. Total Villa Sales........$2,090,500………$4,498,416. LOTS Lots Sold...................…..92............................142. Average Price..............$69,513...............…$75,637. Median Price…………$39,000…………..$42,.500 Days on Market...............293..................…...226. Total Lot Sales............$6,395,236……...$10,740,393.

$$$ TOTAL TRANSACTIONS $$$ for Residential Homes, Lots, & Villas, Jan.-June,

2011:...$142,743,963. 2012:...$170,980,542.

Sales Figures as reported by Multiple Listing Service of Hilton Head Island, June 30, 2012. The data contained herein has not been verified by the Multiple Listing Service of Hilton Head, but is believed to be accurate.

Thank you for referring family & friends. Contact me for updated info @ 877-671-6702,

or email Felice@FeliceLaMarca.com or visit on line@

www.FeliceLaMarca.com & www.HiltonHeadIslandLuxuryRealEstate.com

If your property is currently listed with a real estate broker, please disregard. It is not my intention to solicit the offerings of other real estate brokers. I am happy to work with them and cooperate fully.

Highlights to Note from the National association of Realtors

Characteristics of the Home Buyer on a National level:

Typical Buyer was 45 years old, up from 39 years old in 2010.

64% of recent home buyers were married couples—-the highest since 2001.

18% of recent home buyers were single females, the lowest since 2004.

77% of home buyers purchased a detached single family home.

89% of buyers purchased their home through a real estate agent– an increase from 69% in 2001.

Total sales volume to international clients is estimated at $82.5 Billion in 2012, up from an estimated $66.4 Billion for the 12 months ending March 2011.

International buyers came from nearly all over the globe, but five countries accounted for fifty-five percent of

transactions: Canada, The People's Republic of China, (including Hong Kong,) Mexico, India, and the UK. Fifty-one percent of the purchases were in four states: Arizona, California, Florida, and Texas.