Palmetto Hall Market Update November 2009 Posted by robbie@robbiebunting.com Dear Palmetto Hall Property Owners and Friends~ Linked below, is the Palmetto Hall Market Report Update.  This report shows the active listings, the current pendings and the sold properties.  Please note the average per square foot for the actives, pendings as this can help determine current market.  Please click below.           +++Click Here for the Palmetto Hall Report November 2009+++   With the forecast that interest rates may be on the rise in Spring 2010, buyers right now are seizing a timing opportunity for property, price and rates.  Jane and I recently sold #8 Cherry Hill Lane and #18 Lenox Lane.  We are also working on two other home sales in Palmetto Hall.  We currently offer homes located at #17 St... 11/08/2009

Palmetto Hall Plantation is a relatively new golf community that is secluded, private and gated. It is a choice setting and is located mid-island, with beautifully landscaping. It sits on 750 acres with wooded, golf, and lagoon views, has two courses—one designed by Arthur Hills, the other by Robert Cupp. The southern-style homes are comfortable and well-hidden from the main streets of Hilton Head Island. Palmetto Hall is strictly a residential community and does not comprise any resort or commercial entities—hotels, condos, or beach rentals--within the gates, although a short bike ride will lead you to Pineland Station, a chic shopping center with clothing stores, a bank, a party shoppe, a coffee café and several upscale restaurants. Also nearby are Walmart, Barnes & Noble, Hilton Head... 05/28/2009

After a review of Hilton Head Island communities, it is interesting to  note that Palmetto Hall Plantation has survived the real estate slowdown in pretty good fashion.   Always a favorite island community, Palmetto Hall is conveniently located at the north end of the island and one of the most recently developed plantations on the island.  PALMETTO HALL REAL ESTATE STATISTICS YEAR TO DATE: In 2007, there were 20 homes sold as compared to 19 in 2008.  The percent to sales ratio  fell from 96% in 2007 to 93.80% in 2008  (still respectable as compared to many national statistics.) 2007 Average Sale Price---$706,885 2008 Average Sale Price---$625,263  2007 Average days on the market---87 2008 Average days on the market---181  (quite an increase!) Looking at these statistics, it is easy to... 11/07/2008