January 2022 Market Indicators | Page 2

Market Overview

Key market metrics for the current month and year-to-date figures .
Key Metrics Historical Sparkbars
01-2021 01-2022 Percent Change Y
New Listings 598 451 - 24.6 %
1-2020 1-2021 1-2022
Pending Sales 672 491 - 26.9 %
1-2020 1-2021 1-2022
Closed Sales 537 432 - 19.6 %
1-2020 1-2021 1-2022
Days on Market 134 100 - 25.4 %
1-2020 1-2021 1-2022
Median Sales Price $ 390,000 $ 482,500 + 23.7 %
1-2020 1-2021 1-2022
Average Sales Price $ 522,586 $ 694,233 + 32.8 %
1-2020 1-2021 1-2022
Pct . of List Price Received 98.3 % 99.3 % + 1.0 %
1-2020 1-2021 1-2022
Housing Affordability Index 61 49 - 19.7 %
1-2020 1-2021 1-2022
Inventory of Homes for Sale 842 389 - 53.8 %
1-2020 1-2021 1-2022
Months Supply of Inventory 1.3 0.6 - 53.8 %
1-2020 1-2021 1-2022
Current as of February 10 , 2022 . Data is Copyright © 2022 All Rights Reserved . MLS of Hilton Head Island . Provided by the Hilton Head Area Association of REALTORS ® and South Ca