July 2016 Monthly Indicators | Page 8

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. July Avg. Sales Price Year to Date $324,040 $340,330 $357,990 $378,068 $343,385 $350,735 2014 2015 2016 2014 2015 2016 -- + 5.0% + 5.2% -- + 2.1% + 7.8% Prior Year Percent Change +2.7% August 2015 $360,701 $351,048 September 2015 $346,190 $364,815 -5.1% October 2015 $347,964 $339,338 +2.5% November 2015 $343,607 $359,992 -4.6% December 2015 $365,266 $354,993 +2.9% January 2016 $379,216 $334,394 +13.4% February 2016 $405,365 $339,738 +19.3% March 2016 $355,241 $348,270 +2.0% April 2016 $404,742 $379,902 +6.5% May 2016 $368,485 $363,302 +1.4% June 2016 $384,331 $343,818 +11.8% July 2016 $357,990 $340,330 +5.2% 12-Month Avg* $368,258 $351,662 +4.7% * Avg. Sales Price of all properties from August 2015 through July 2016. This is not the average of the individual figures above. Historical Average Sales Price by Month $420,000 $400,000 $380,000 $360,000 $340,000 $320,000 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. | 8