August 2018 Monthly Market Report August-Monthly-Market-Report | Page 2

Market Overview
Key market metrics for the current month and year-to-date figures.
Key Metrics
Historical Sparkbars
New Listings
8-2016
8-2017
8-2016 8-2017 8-2018
8-2016 8-2017 8-2018
8-2016 8-2017 8-2018
Closed Sales
Days on Market
Median Sales Price
8-2017
8-2017
8-2017
8-2017
8-2017
8-2017
+ 28.9% 4,553 5,092 + 11.8%
442 490 + 10.9% 3,448 3,886 + 12.7%
436 480 + 10.1% 3,140 3,604 + 14.8%
142 124 - 12.7% 150 134 - 10.7%
$294,920 $320,000 + 8.5% $295,000 $312,000 + 5.8%
$394,430 $391,027 - 0.9% $383,562 $404,655 + 5.5%
96.3% 96.7% + 0.4% 96.1% 96.6% + 0.5%
80 74 - 7.5% 80 76 - 5.0%
2,221 2,250 + 1.3% -- -- --
5.9 5.1 - 13.6% -- -- --
8-2018
Months Supply of Inventory
8-2016
674
8-2018
Inventory of Homes for Sale
8-2016
523
Percent Change
8-2018
Housing Affordability Index
8-2016
YTD 2017 YTD 2018
8-2018
Pct. of List Price Received
8-2016
Percent Change
8-2018
Average Sales Price
8-2016
08-2018
8-2018
Pending Sales
8-2016
08-2017
8-2018
Current as of September 10, 2018. Data is Copyright © 2018 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2018 ShowingTime. | 2