April 2020 Indicators April-Monthly-Market-Reports | Page 11

Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month. Homes for Sale April 2,471 2,293 2,217 - 10.3% - 4.8% 2018 2019 2020 - 4.8% + 7.8% - 10.3% Prior Year Percent Change May 2019 2,444 2,285 +7.0% June 2019 2,409 2,326 +3.6% July 2019 2,321 2,228 +4.2% August 2019 2,278 2,346 -2.9% September 2019 2,210 2,333 -5.3% October 2019 2,263 2,397 -5.6% November 2019 2,202 2,387 -7.8% December 2019 2,114 2,320 -8.9% January 2020 2,140 2,347 -8.8% February 2020 2,144 2,393 -10.4% March 2020 2,283 2,510 -9.0% April 2020 2,217 2,471 -10.3% 12-Month Avg* 2,252 2,491 -9.6% * Homes for Sale for all properties from May 2019 through April 2020. This is not the average of the individual figures above. Historical Inventory of Homes for Sale by Month 2,800 2,600 2,400 2,200 2,000 04-2014 04-2015 04-2016 04-2017 04-2018 04-2019 04-2020 Current as of May 10, 2020. Data is Copyright © 2020 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2020 ShowingTime. | 11