July 2016 Monthly Indicators | 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.
July
Days on Market
Year to Date
144
141
141
153
144
142
2014
2015
2016
2014
2015
2016
--
- 2.1%
0.0%
--
+ 6.3%
- 7.2%
Prior Year
Percent Change
August 2015
156
166
-6.0%
September 2015
137
161
-14.9%
October 2015
137
159
-13.8%
November 2015
146
158
-7.6%
December 2015
131
167
-21.6%
January 2016
154
157
-1.9%
February 2016
147
165
-10.9%
March 2016
146
157
-7.0%
April 2016
143
156
-8.3%
May 2016
136
152
-10.5%
June 2016
136
151
-9.9%
July 2016
141
141
0.0%
12-Month Avg*
142
157
-9.6%
* Average Days on Market of all properties from August 2015 through July 2016.
This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
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. | 6