HHI Market Update | Page 20

Local Market Update – August 2016

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

Detached Homes Only
August Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
20
22
+ 10.0 %
139
140
+ 0.7 %
Closed Sales
15
11
- 26.7 %
95
85
- 10.5 %
Median Sales Price *
$ 280,000
$ 375,000
+ 33.9 %
$ 303,500
$ 310,000
+ 2.1 %
Percent of List Price Received *
95.2 %
95.1 %
- 0.1 %
96.5 %
96.0 %
- 0.5 %
Days on Market Until Sale
167
136
- 18.5 %
196
154
- 21.4 %
Inventory of Homes for Sale
65
79
+ 21.5 %
--
--
--
* 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 2016
20
22
15
$ 280,000
$ 375,000
65
79
11
+ 10.0 %
- 26.7 %
+ 33.9 %
+ 21.5 %
New Listings
Closed Sales
Median Sales Price *
Inventory of Homes for Sale
Historical Median Sales Price Rolling 12-Month Calculation
All MLS — 14 : HH / Off Plantation —
$ 330,000
$ 320,000
$ 310,000
$ 300,000
$ 290,000
$ 280,000
$ 270,000
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 .