August 2019 Monthly Indicators August-Montlhy-Market-Indicator-Report | Page 6

Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
August
Days on Market
Year to Date
150
142
135
124
137
134
2017 2018 2019 2017 2018 2019
+ 8.4% - 12.7% + 8.9% + 7.1% - 10.7% + 2.2%
Prior Year Percent Change
September 2018 130 155 -16.1%
October 2018 133 148 -10.1%
November 2018 134 146 -8.2%
December 2018 136 150 -9.3%
January 2019 140 153 -8.5%
February 2019 133 144 -7.6%
March 2019 139 138 +0.7%
April 2019 139 135 +3.0%
May 2019 137 136 +0.7%
June 2019 133 129 +3.1%
July 2019 143 123 +16.3%
August 2019 135 124 +8.9%
12-Month Avg* 136 139 -2.2%
* Average Days on Market of all properties from September 2018 through August
2019. This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
120
04-2014
04-2015
04-2016
04-2017
04-2018
04-2019
Current as of September 10, 2019. Data is Copyright © 2019 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2019 ShowingTime. | 6