August 2018 Monthly Market Report August-Monthly-Market-Report | Page 7

Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
August
$295,000
2016
+ 3.9%
Year to Date
$294,920
2017
- 0.0%
$320,000
$290,000
2018
+ 8.5%
2016
+ 5.8%
Median Sales Price
$295,000
2017
+ 1.7%
$312,000
2018
Prior Year Percent Change
+1.7%
September 2017 $295,000 $290,000 October 2017 $316,500 $302,750 +4.5%
November 2017 $325,000 $290,500 +11.9%
December 2017 $312,000 $299,000 +4.3%
January 2018 $328,000 $298,750 +9.8%
February 2018 $306,300 $280,020 +9.4%
March 2018 $299,111 $295,000 +1.4%
April 2018 $312,000 $306,340 +1.8%
May 2018 $320,000 $299,000 +7.0%
June 2018 $308,210 $300,148 +2.7%
July 2018 $297,315 $290,000 +2.5%
August 2018 $320,000 $294,920 +8.5%
12-Month Med* $312,219 $295,000 +5.8%
+ 5.8%
* Median Sales Price of all properties from September 2017 through August 2018.
This is not the median of the individual figures above.
Historical Median Sales Price by Month
$340,000
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
04-2014
04-2015
04-2016
04-2017
04-2018
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. | 7