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.