February 2020 Market Indicators February-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.
February
144
Days on Market
Year to Date
148
148
133
137
142
2018 2019 2020 2018 2019 2020
- 14.3% - 7.6% + 11.3% - 9.8% - 7.4% + 3.6%
Prior Year Percent Change
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 140 134 +4.5%
December 2019 147 136 +8.1%
January 2020 136 140 -2.9%
February 2020 148 133 +11.3%
12-Month Avg* 140 132 +6.1%
* Average Days on Market of all properties from March 2019 through February
2020. 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 March 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