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®

24: Oldfield
August

Year to Date

Key Metrics

2015

2016

Percent Change

2015

2016

Percent Change

New Listings

1

4

+ 300.0%

26

26

0.0%

Closed Sales

2

1

- 50.0%

17

12

- 29.4%

$591,250

$680,000

+ 15.0%

$655,000

$680,000

+ 3.8%

93.1%

97.3%

+ 4.5%

96.4%

94.4%

- 2.1%

Days on Market Until Sale

119

40

- 66.4%

177

173

- 2.3%

Inventory of Homes for Sale

17

17

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

17

4

2016

17

$680,000
$591,250
2

1

1

+ 300.0%

- 50.0%

New Listings

Closed Sales

Historical Median Sales Price

+ 15.0%

Median Sales Price*

0.0%

Inventory of Homes for Sale

Rolling 12-Month Calculation

All MLS —
24: Oldfield —

$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.