HHI Market Update | Page 14

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® 9: Hilton Head Plantation August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 29 22 - 24.1% 254 253 - 0.4% Closed Sales 16 25 + 56.3% 150 177 + 18.0% $385,000 $405,000 + 5.2% $407,750 $420,000 + 3.0% 96.0% 95.4% - 0.5% 95.4% 95.9% + 0.5% Days on Market Until Sale 152 124 - 18.5% 119 128 + 7.7% Inventory of Homes for Sale 102 95 - 6.9% -- -- -- 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 $385,000 29 $405,000 102 95 25 22 2016 16 - 24.1% + 56.3% New Listings Closed Sales Historical Median Sales Price + 5.2% Median Sales Price* Rolling 12-Month Calculation - 6.9% Inventory of Homes for Sale All MLS — 9: Hilton Head Plantation — $450,000 $400,000 $350,000 $300,000 $250,000 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.