January 2020 Market Indicators January-Month-Market-Indicator | Page 8

Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
January
Avg. Sales Price
Year to Date
$438,247
$438,247
$408,873
$401,922
$408,873
$401,922
2018 2019 2020 2018 2019 2020
+ 9.2% + 7.2% - 8.3% + 9.2% + 7.2% - 8.3%
Prior Year Percent Change
February 2019 $407,660 $383,729 +6.2%
March 2019 $432,011 $388,588 +11.2%
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 $402,983 $403,498 -0.1%
December 2019 $440,015 $399,610 +10.1%
January 2020 $401,922 $438,247 -8.3%
12-Month Avg* $418,420 $407,441 +2.7%
* Avg. Sales Price of all properties from February 2019 through January 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 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. | 8