HHI Market Update | Page 17

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® 12: Spanish Wells August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 0 0 -- 11 9 - 18.2% Closed Sales 1 0 - 100.0% 4 4 0.0% $1,200,000 $0 - 100.0% $886,250 $1,127,500 + 27.2% 87.4% 0.0% - 100.0% 93.6% 92.6% - 1.0% Days on Market Until Sale 270 0 - 100.0% 166 53 - 68.0% Inventory of Homes for Sale 10 12 + 20.0% -- -- -- 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 $1,200,000 1 2016 12 10 0 0 0 -- - 100.0% New Listings Closed Sales Historical Median Sales Price $0 - 100.0% Median Sales Price* Rolling 12-Month Calculation + 20.0% Inventory of Homes for Sale All MLS — 12: Spanish Wells — $1,750,000 $1,500,000 $1,250,000 $1,000,000 $750,000 $500,000 $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.