December 2019 Monthly Indicators December-Monthly-Market-Indicator | 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.
December
Days on Market
Year to Date
150
150
146
136
140
134
2017 2018 2019 2017 2018 2019
- 2.0% - 9.3% + 7.4% + 5.6% - 10.7% + 4.5%
Prior Year Percent Change
-8.5%
January 2019 140 153 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 134 129 +3.9%
July 2019 143 123 +16.3%
August 2019 135 124 +8.9%
September 2019 142 130 +9.2%
October 2019 146 133 +9.8%
November 2019 139 134 +3.7%
December 2019 146 136 +7.4%
12-Month Avg* 140 134 +4.5%
* Average Days on Market of all properties from January 2019 through December
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 January 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. | 6