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