HHI Market Update | Page 19
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®
14: HH / Off Plantation
Condos / Villas Only
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
20
31
+ 55.0%
229
226
- 1.3%
Closed Sales
27
24
- 11.1%
198
172
- 13.1%
$97,500
$89,000
- 8.7%
$100,000
$124,250
+ 24.3%
93.6%
95.3%
+ 1.8%
92.9%
94.0%
+ 1.2%
Days on Market Until Sale
134
97
- 27.5%
123
111
- 9.5%
Inventory of Homes for Sale
86
76
- 11.6%
--
--
--
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
31
$97,500
27
24
2016
86
76
$89,000
20
+ 55.0%
- 11.1%
New Listings
Closed Sales
Historical Median Sales Price
- 8.7%
Median Sales Price*
Rolling 12-Month Calculation
- 11.6%
Inventory of Homes for Sale
All MLS —
14: HH / Off Plantation —
$250,000
$200,000
$150,000
$100,000
$50,000
$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.