Business

Area home sales still sluggish

Home sales continued to trail last year’s pace in April, according to data released Friday by South Carolina Realtors.

The Realtors reported 139 homes, condos and villas sold in the overall Hilton Head area in April, a decline of more than 23 percent from April 2008.

In the Beaufort area, 56 homes, condos and villas sold in April, a decline of more than 30 percent from April 2008.

So far in 2009, sales are down 27.7 percent in Hilton Head and 19.2 percent in Beaufort.

Median prices were down this month by 14.5 percent in Hilton Head and 11.5 percent in Beaufort.

The Multiple Listing Service defines the Hilton head area as Beaufort, Jasper, Allendale, Barnwell, Colleton, Hampton, Orangeburg and Bamberg counties.

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