February 2018 Monthly Indicators February-Housing-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.
February
Days on Market
Year to Date
168
148
145
151
164
149
2016 2017 2018 2016 2017 2018
- 10.3% + 13.5% - 13.7% - 6.2% + 8.6% - 9.1%
Prior Year Percent Change
+5.5%
March 2017 154 146 April 2017 143 143 0.0%
May 2017 143 136 +5.1%
June 2017 151 134 +12.7%
July 2017 152 141 +7.8%
August 2017 142 131 +8.4%
September 2017 155 132 +17.4%
October 2017 148 145 +2.1%
November 2017 146 155 -5.8%
December 2017 149 153 -2.6%
January 2018 153 160 -4.4%
February 2018 145 168 -13.7%
12-Month Avg* 148 144 +2.8%
* Average Days on Market of all properties from March 2017 through February
2018. This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
04-2014
04-2015
04-2016
04-2017
Current as of March 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. | 6