February 2020 Market Indicators February-Monthly-Market-Indicator | Page 8

Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
February
Avg. Sales Price
Year to Date
$423,148
$383,729
$433,659
$407,660
$396,444
$416,640
2018 2019 2020 2018 2019 2020
+ 10.4% + 6.2% + 6.4% + 10.1% + 6.7% - 1.5%
Prior Year Percent Change
+11.2%
March 2019 $432,011 $388,588 April 2019 $398,025 $401,786 -0.9%
May 2019 $412,356 $403,895 +2.1%
June 2019 $411,442 $429,090 -4.1%
July 2019 $416,587 $411,965 +1.1%
August 2019 $411,364 $387,023 +6.3%
September 2019 $426,008 $402,034 +6.0%
October 2019 $460,669 $439,832 +4.7%
November 2019 $402,801 $403,498 -0.2%
December 2019 $440,005 $399,610 +10.1%
January 2020 $399,823 $438,247 -8.8%
February 2020 $433,659 $407,660 +6.4%
12-Month Avg* $420,396 $409,436 +2.7%
* Avg. Sales Price of all properties from March 2019 through February 2020. This is
not the average of the individual figures above.
Historical Average Sales Price by Month
$475,000
$450,000
$425,000
$400,000
$375,000
$350,000
$325,000
$300,000
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. | 8