The real estate market on Hilton Head Island saw significant growth in 2013, with sales increasing over 30% for homes and villas and over 100% for lots compared to the prior 5-year averages. All 37 local micro-markets analyzed had increased sales compared to historical levels, with 31 seeing double-digit growth and 10 having triple-digit growth. While the overall market is improving, homes under $600,000 and villas under $200,000 are currently in a balanced or seller's market, whereas lots remain in a buyer's market. The market is expected to continue its trend toward improved health across higher price points.