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Hilton Head area home sales rise

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Published Wednesday, November 16, 2011 | 131 Words |

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The Hilton Head Island area stretched its lead over all other regions in South Carolina in 2011 home sales compared to 2010, according to S.C. Realtors.

Local sales of homes, condos and villas in October rose 37 percent over the same period last year, to a total of 220. Year-to-date in 2011, sales are up 8.2 percent in the Hilton Head area, while the state, on average, saw a 3 percent decline.

The Beaufort area has sold exactly the same amount of homes year-to-date, 828, as it had through the first 10 months in 2010.

So far in 2011, the statewide average for the number of days a home stays on the market is 143. At 139, the Hilton Head area is slightly below that, while Beaufort's average is 198, the second-highest of the state's 15 regions.