August 2018 Monthly Market Report August-Monthly-Market-Report | Page 8

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. August $369,114 2016 + 2.3% Year to Date $394,430 2017 + 6.9% $391,027 2018 - 0.9% $376,057 2016 + 6.8% Avg. Sales Price $383,562 2017 + 2.0% $404,655 2018 Prior Year Percent Change September 2017 $407,311 $362,968 +12.2% October 2017 $399,639 $378,471 +5.6% November 2017 $380,569 $381,318 -0.2% December 2017 $396,353 $381,851 +3.8% January 2018 $409,031 $374,552 +9.2% February 2018 $383,729 $347,474 +10.4% March 2018 $388,588 $384,744 +1.0% April 2018 $402,501 $393,075 +2.4% May 2018 $404,867 $393,330 +2.9% June 2018 $429,354 $383,756 +11.9% July 2018 $416,668 $380,892 +9.4% August 2018 $391,027 $394,430 -0.9% 12-Month Avg* $400,803 $379,738 +5.5% + 5.5% * Avg. Sales Price of all properties from September 2017 through August 2018. This is not the average of the individual figures above. Historical Average Sales Price by Month $440,000 $420,000 $400,000 $380,000 $360,000 $340,000 $320,000 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. | 8