HHI Market Update - Page 4

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® 19: Belfair August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 7 5 - 28.6% 42 64 + 52.4% Closed Sales 1 4 + 300.0% 19 21 + 10.5% $420,000 $565,000 + 34.5% $519,000 $618,500 + 19.2% 93.4% 95.9% + 2.7% 95.0% 95.5% + 0.5% Days on Market Until Sale 104 91 - 12.3% 179 188 + 5.2% Inventory of Homes for Sale 26 57 + 119.2% -- -- -- 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 57 $565,000 7 2016 $420,000 5 4 26 1 - 28.6% + 300.0% New Listings Closed Sales Historical Median Sales Price + 34.5% Median Sales Price* + 119.2% Inventory of Homes for Sale Rolling 12-Month Calculation All MLS — 19: Belfair — $700,000 $600,000 $500,000 $400,0 (((((д((д((д() ɕЁ́MѕȀظф ؁51L!ѽ!%ͱÍI͕ٕMͽɕMѠ ɽI1Q=IO IЃ ؁MݥQ((0