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