April 2020 Indicators April-Monthly-Market-Reports | Page 8

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. April Avg. Sales Price Year to Date $459,428 $401,786 $398,025 $395,857 $418,117 $437,590 2018 2019 2020 2018 2019 2020 + 2.2% - 0.9% + 15.4% + 5.0% + 5.6% + 4.7% Prior Year Percent Change +2.1% May 2019 $412,356 $403,895 June 2019 $411,442 $429,090 -4.1% July 2019 $416,587 $411,965 +1.1% August 2019 $411,364 $387,023 +6.3% September 2019 $426,008 $402,034 +6.0% October 2019 $460,669 $439,832 +4.7% November 2019 $402,801 $403,498 -0.2% December 2019 $440,198 $399,610 +10.2% January 2020 $399,645 $438,247 -8.8% February 2020 $430,713 $407,660 +5.7% March 2020 $450,342 $432,011 +4.2% April 2020 $459,428 $398,025 +15.4% 12-Month Avg* $426,796 $412,741 +3.4% * Avg. Sales Price of all properties from May 2019 through April 2020. This is not the average of the individual figures above. Historical Average Sales Price by Month $475,000 $450,000 $425,000 $400,000 $375,000 $350,000 $325,000 $300,000 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. | 8