January 2020 Market Indicators January-Month-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. January 153 Days on Market Year to Date 153 140 136 140 136 2018 2019 2020 2018 2019 2020 - 4.4% - 8.5% - 2.9% - 4.4% - 8.5% - 2.9% Prior Year Percent Change February 2019 133 144 -7.6% 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% 12-Month Avg* 139 133 +4.5% * Average Days on Market of all properties from February 2019 through January 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 February 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