July 2016 Monthly Indicators | Page 7
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
July
Median Sales Price
Year to Date
$275,000
$285,170
$245,000
$257,750
$272,000
$290,000
2014
2015
2016
2014
2015
2016
--
+ 12.2%
+ 3.7%
--
+ 5.5%
+ 6.6%
Prior Year
Percent Change
August 2015
$284,000
$255,458
+11.2%
September 2015
$283,700
$240,000
+18.2%
October 2015
$284,968
$281,483
+1.2%
November 2015
$277,233
$268,950
+3.1%
December 2015
$300,875
$275,000
+9.4%
January 2016
$300,650
$236,000
+27.4%
February 2016
$290,000
$264,500
+9.6%
March 2016
$274,500
$250,000
+9.8%
April 2016
$289,500
$277,450
+4.3%
May 2016
$296,000
$278,415
+6.3%
June 2016
$299,900
$290,000
+3.4%
July 2016
$285,170
$275,000
+3.7%
12-Month Med*
$289,900
$268,617
+7.9%
* Median Sales Price of all properties from August 2015 through July 2016. This is
not the median of the individual figures above.
Historical Median Sales Price by Month
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
04-2014
04-2015
04-2016
Current as of August 10, 2016. Data is Copyright © 2016 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2016 ShowingTime. | 7