HHI Market Update | Page 7
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®
22: Palmetto Bluff
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
3
1
- 66.7%
22
25
+ 13.6%
Closed Sales
4
3
- 25.0%
11
8
- 27.3%
$1,625,000
$932,500
- 42.6%
$1,450,000
$1,182,500
- 18.4%
94.4%
97.0%
+ 2.8%
91.9%
95.9%
+ 4.4%
Days on Market Until Sale
131
187
+ 43.0%
155
162
+ 4.6%
Inventory of Homes for Sale
12
19
+ 58.3%
--
--
--
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
19
$1,625,000
4
3
2016
3
$932,500
12
1
- 66.7%
- 25.0%
New Listings
Closed Sales
Historical Median Sales Price
- 42.6%
Median Sales Price*
Rolling 12-Month Calculation
+ 58.3%
Inventory of Homes for Sale
All MLS —
22: Palmetto Bluff —
$1,750,000
$1,500,000
$1,250,000
$1,000,000
$750,000
$500,000
$250,000
$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.