HHI Market Update | Page 15
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®
10: Palmetto Hall
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
2
9
+ 350.0%
33
35
+ 6.1%
Closed Sales
2
2
0.0%
24
13
- 45.8%
$485,000
$468,750
- 3.4%
$530,625
$526,500
- 0.8%
93.8%
98.2%
+ 4.7%
95.6%
96.7%
+ 1.1%
Days on Market Until Sale
341
139
- 59.2%
210
187
- 10.7%
Inventory of Homes for Sale
23
27
+ 17.4%
--
--
--
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
9
2016
27
$485,000
2
2
23
2
+ 350.0%
0.0%
New Listings
Closed Sales
Historical Median Sales Price
$468,750
- 3.4%
Median Sales Price*
Rolling 12-Month Calculation
+ 17.4%
Inventory of Homes for Sale
All MLS —
10: Palmetto Hall —
$600,000
$500,000
$400,000
$300,000
$200,000
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.