2019 Year End 2019 HHAAOR Year End Report | Page 7

2019 Annual Report on the Hilton Head Housing Market
Distressed Homes Review
Top Areas: Lender-Mediated Market Share in 2019
1.6% - 23.9%
Percent of Closed Sales in
2019 That Were Distressed One-Year Change in Sales
of Lender-Mediated
Percent of Sales That Were Distressed
2.7%
2.3%
1.6%
2017
2018
2019
43: Colleton County 100.0%
44: Hampton County 26.7%
12: Spanish Wells 8.3%
4: Wexford 8.0%
19: Belfair 5.0%
25: Callawassie Island 4.8%
10: Palmetto Hall 4.0%
40: Jasper County 4.0%
11: Indigo Run 3.8%
13: Windmill Harbour 3.6%
9: Hilton Head Plantation 2.6%
15: Daufuskie Island 2.5%
14: HH / Off Plantation 2.0%
8: Port Royal 1.7%
+ 8.3% + 7.4% - 0.2% - 7.1%
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
$302,500
$315,000
2017 2018
$280,000 $282,000
$325,000
$242,000
$187,901
+4.1%
Traditional
2019
+3.2%
$260,000
$187,450
+28.8%
Foreclosure
-22.5%
+0.7%
-7.8%
Short Sale
Current as of January 10, 2020. Data © 2020 MLS of Hilton Head Island. All Rights Reserved. Provided by the Hilton Head Area Association of REALTORS®. Report © 2020 ShowingTime. | 7