April 2018 Market Indicators April-Housing-Market-Indicator | Page 8

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. April $404,742 Avg. Sales Price Year to Date $393,075 $407,138 $386,443 $377,136 $397,884 2016 2017 2018 2016 2017 2018 + 6.5% - 2.9% + 3.6% + 9.5% - 2.4% + 5.5% Prior Year Percent Change May 2017 $393,330 $368,739 +6.7% June 2017 $383,756 $380,466 +0.9% July 2017 $380,892 $354,427 +7.5% August 2017 $394,430 $369,114 +6.9% September 2017 $407,311 $362,968 +12.2% October 2017 $399,639 $378,471 +5.6% November 2017 $380,569 $381,318 -0.2% December 2017 $396,353 $381,851 +3.8% January 2018 $409,031 $374,552 +9.2% February 2018 $384,857 $347,474 +10.8% March 2018 $389,412 $384,744 +1.2% April 2018 $407,138 $393,075 +3.6% 12-Month Avg* $393,893 $373,100 +5.6% * Avg. Sales Price of all properties from May 2017 through April 2018. This is not the average of the individual figures above. Historical Average Sales Price by Month $420,000 $400,000 $380,000 $360,000 $340,000 $320,000 04-2014 04-2015 04-2016 04-2017 04-2018 Current as of May 10, 2018. Data is Copyright © 2018 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2018 ShowingTime. | 8