HHI Market Update | Page 5
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®
3: Shipyard
Condos / Villas Only
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
7
12
+ 71.4%
74
92
+ 24.3%
Closed Sales
8
6
- 25.0%
51
40
- 21.6%
$291,000
$274,475
- 5.7%
$258,000
$294,250
+ 14.1%
94.6%
95.4%
+ 0.8%
94.5%
94.9%
+ 0.5%
Days on Market Until Sale
275
108
- 60.7%
205
180
- 12.0%
Inventory of Homes for Sale
42
59
+ 40.5%
--
--
--
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
12
$291,000
59
$274,475
42
8
7
2016
6
+ 71.4%
- 25.0%
New Listings
Closed Sales
Historical Median Sales Price
- 5.7%
Median Sales Price*
+ 40.5%
Inventory of Homes for Sale
Rolling 12-Month Calculation
All MLS —
3: Shipyard —
$400,000
$300,000
$200,000
$100,000
$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.