2017 Annual Report Hilton-Head_ANN_2017 | Page 7
2017 Annual Report on the Hilton Head Housing Market
Distressed Homes Review
Top Areas: Lender-Mediated Market Share in 2017
2.8% - 25.4%
Percent of Closed Sales in
2017 That Were Distressed One-Year Change in Sales
of Lender-Mediated
Percent of Sales That Were Distressed
7.4%
4.1%
2.8%
2015
2016
2017
43: Colleton County 50.0%
44: Hampton County 42.9%
4: Wexford 21.1%
Daufuskie Island 13.3%
18: Colleton River 11.1%
40: Jasper County 8.9%
21: Berkeley Hall 8.0%
12: Spanish Wells 7.7%
24: Oldfield 4.5%
27: Beauf. Co - N. of Broad River 4.2%
2: Forest Beach 4.1%
17: Moss Creek 4.1%
Callawassie Island 3.6%
10: Palmetto Hall 3.1%
+ 8.7% + 6.3% + 27.4% + 55.6%
Three-Year Change in Price
All Properties Three-Year Change in Price
Traditional Properties Three-Year Change in Price
Foreclosure Three-Year Change in Price
Short Sale
Median Sales Price
$285,000
$295,558
2015
2016
$303,000
$174,000
$187,901
2017
$271,500 $280,000
+50.8% +3.1%
$180,000
$147,500
+3.7%
Traditional
+2.5%
+18.0%
Foreclosure
+8.0%
Short Sale
Current as of January 10, 2018. Data © 2018 MLS of Hilton Head Island. All Rights Reserved. Provided by the Hilton Head Area Association of REALTORS®. Report © 2018 ShowingTime. | 7