November 2018 Monthly Market Indicators November-Monthly-Market-Indicator | Page 6
Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
November
155
Days on Market
Year to Date
150
141
146
134
132
2016 2017 2018 2016 2017 2018
+ 6.2% - 5.8% - 9.6% - 6.0% + 6.4% - 10.7%
Prior Year Percent Change
-2.0%
December 2017 150 153 January 2018 153 160 -4.4%
February 2018 144 168 -14.3%
March 2018 138 154 -10.4%
April 2018 135 143 -5.6%
May 2018 137 143 -4.2%
June 2018 129 151 -14.6%
July 2018 123 152 -19.1%
August 2018 123 142 -13.4%
September 2018 131 155 -15.5%
October 2018 133 148 -10.1%
November 2018 132 146 -9.6%
12-Month Avg* 135 150 -10.0%
* Average Days on Market of all properties from December 2017 through November
2018. This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
120
04-2014
04-2015
04-2016
04-2017
04-2018
Current as of December 10, 2018. Data is Copyright © 2018 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2018 ShowingTime. | 6