HHI Market Update | Page 9
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®
6: Palmetto Dunes
Condos / Villas Only
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
21
20
- 4.8%
163
189
+ 16.0%
Closed Sales
12
12
0.0%
86
114
+ 32.6%
$338,750
$263,500
- 22.2%
$315,500
$364,500
+ 15.5%
94.5%
95.3%
+ 0.9%
95.2%
94.4%
- 0.8%
Days on Market Until Sale
157
114
- 27.2%
187
175
- 6.7%
Inventory of Homes for Sale
142
142
0.0%
--
--
--
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
21
142
$338,750
20
2016
142
$263,500
12
12
- 4.8%
0.0%
New Listings
Closed Sales
Historical Median Sales Price
- 22.2%
Median Sales Price*
Rolling 12-Month Calculation
0.0%
Inventory of Homes for Sale
All MLS —
6: Palmetto Dunes —
$500,000
$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.