Positive Outlook for Fripp Island Real Estate Market in 2014

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The Fripp Island real estate market, as well as that of Beaufort County as a whole, is projected to continue to recover in 2014, according to prominent local brokerage Fripp & Harbor Island Properties.

Fripps & harbor Island Properties
The median price of homes in the Beaufort area increased by 3 percent in 2013.

2014 is going to see greater stability in the Fripp Island real estate market, according to leading local real estate brokerage Fripp & Harbor Island Properties. The firm adds that the outlook for Beaufort County’s property market as a whole has been positive for some months now.

“If you’re in the market for Harbor Island or Fripp Island homes for sale, you’re probably going to have more competition this year,” says John Lee, the firm’s broker and owner. “Home sales in Beaufort County increased by 20 percent in 2013 and with both buyers and sellers now feeling more confident about the economy, this is a trend that’s likely to continue this year.”

Citing figures from South Carolina REALTORS®’ recently released year-end statewide market report, Lee adds that prices are on the rise as well. “The median price of homes in the Beaufort area increased by 3 percent in 2013,” he says. “So if you’ve been considering investing in waterfront real estate on Harbor Island or Fripp Island, you’d best make your move before prices rise further.”

A Fripp Island resident since the mid-90s, Lee’s knowledge of the community and its real estate market is unparalleled. “Whether you’re planning on relocating or you’re looking for a vacation home, our island would be an ideal choice,” he says. “The quality of life here is second to none and we have everything from long stretches of uncrowded beaches to award-winning golf courses. There are several neighborhoods to choose from and the housing stock is varied enough to suit a wide range of preferences.”

For more information on the real estate market in the Fripp and Harbor islands area, visit http://www.FrippRealEstate.com or get in touch directly with John Lee and Fripp & Harbor Island Properties.

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