HHI Market Update | Page 11
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®
Callawassie Island
August
Year to Date
Key Metrics
2015
2016
Percent Change
2015
2016
Percent Change
New Listings
9
3
- 66.7%
58
58
0.0%
Closed Sales
3
2
- 33.3%
19
20
+ 5.3%
$337,900
$236,250
- 30.1%
$326,000
$477,500
+ 46.5%
92.0%
92.9%
+ 1.0%
94.2%
91.6%
- 2.8%
Days on Market Until Sale
283
245
- 13.5%
310
265
- 14.6%
Inventory of Homes for Sale
66
71
+ 7.6%
--
--
--
Median Sales Price*
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
9
$337,900
2016
71
66
$236,250
3
3
2
- 66.7%
- 33.3%
New Listings
Closed Sales
Historical Median Sales Price
- 30.1%
Median Sales Price*
Rolling 12-Month Calculation
+ 7.6%
Inventory of Homes for Sale
All MLS —
Callawassie Island —
$600,000
$500,000
$400,000
$300,000
$200,000
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.