HHI Market Update | Page 18

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® 13: Windmill Harbour August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 6 6 0.0% 46 45 - 2.2% Closed Sales 1 3 + 200.0% 13 14 + 7.7% $643,000 $515,000 - 19.9% $525,000 $702,000 + 33.7% 95.0% 91.4% - 3.7% 94.6% 93.9% - 0.8% Days on Market Until Sale 137 218 + 59.1% 149 163 + 9.2% Inventory of Homes for Sale 37 29 - 21.6% -- -- -- 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 6 37 $643,000 6 2016 $515,000 29 3 1 0.0% + 200.0% New Listings Closed Sales Historical Median Sales Price - 19.9% Median Sales Price* Rolling 12-Month Calculation - 21.6% Inventory of Homes for Sale All MLS — 13: Windmill Harbour — $1,000,000 $800,000 $600,000 $400,000 $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.