HHI Market Update - Page 6

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® 21: Berkeley Hall August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 6 0 - 100.0% 47 26 - 44.7% Closed Sales 1 0 - 100.0% 20 15 - 25.0% $647,000 $0 - 100.0% $649,950 $580,000 - 10.8% 93.9% 0.0% - 100.0% 95.2% 94.5% - 0.7% Days on Market Until Sale 148 0 - 100.0% 218 289 + 32.5% Inventory of Homes for Sale 45 41 - 8.9% -- -- -- 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 $647,000 6 45 2016 41 1 0 0 - 100.0% - 100.0% New Listings Closed Sales Historical Median Sales Price $0 - 100.0% Median Sales Price* Rolling 12-Month Calculation - 8.9% Inventory of Homes for Sale All MLS — 21: Berkeley Hall — $800,000 $600,000 $400,000 $200,000 $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.