HHI Market Update

Local Market Update – August 2016 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS® 4: Wexford August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 2 6 + 200.0% 28 39 + 39.3% Closed Sales 0 2 -- 16 17 + 6.3% Median Sales Price* $0 $1,187,500 -- $897,500 $975,000 + 8.6% 0.0% 90.6% -- 95.5% 91.7% - 4.0% Days on Market Until Sale 0 56 -- 216 270 + 25.1% Inventory of Homes for Sale 39 33 - 15.4% -- -- -- Percent of List Price Received* * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. August 2015 6 $1,187,500 2016 39 33 2 2 0 $0 + 200.0% -- New Listings Closed Sales Historical Median Sales Price -- Median Sales Price* - 15.4% Inventory of Homes for Sale Rolling 12-Month Calculation All MLS — 4: Wexford — $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 4-2014 4-2015 4-2016 Current as of September 10, 2016. Data © 2016 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2016 ShowingTime.

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