HHI Market Update

Local Market Update – August 2016 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS® 7: Folly Field Detached Homes Only August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 0 0 -- 8 4 - 50.0% Closed Sales 2 1 - 50.0% 4 6 + 50.0% $700,500 $485,000 - 30.8% $700,500 $445,000 - 36.5% 92.7% 95.1% + 2.6% 91.5% 93.4% + 2.0% Days on Market Until Sale 67 232 + 248.9% 183 171 - 6.7% Inventory of Homes for Sale 6 6 0.0% -- -- -- Median Sales Price* Percent of List Price Received* * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. August 2015 $700,500 2 6 2016 6 $485,000 1 0 0 -- - 50.0% New Listings Closed Sales Historical Median Sales Price - 30.8% Median Sales Price* 0.0% Inventory of Homes for Sale Rolling 12-Month Calculation All MLS — 7: Folly Field — $800,000 $600,000 $400,000 $200,000 $0 4-2014 4-2015 4-2016 Current as of September 10, 2016. Data © 2016 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2016 ShowingTime.

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