July 2018 Monthly Market Report July-Monthly-Market-Indicator | 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
141
142
152
152
136
125
2016 2017 2018 2016 2017 2018
0.0% + 7.8% - 17.8% - 7.2% + 7.0% - 10.5%
Prior Year Percent Change
August 2017 142 131 +8.4%
September 2017 155 132 +17.4%
October 2017 148 145 +2.1%
November 2017 146 155 -5.8%
December 2017 150 153 -2.0%
January 2018 153 160 -4.4%
February 2018 144 168 -14.3%
March 2018 138 154 -10.4%
April 2018 135 143 -5.6%
May 2018 137 143 -4.2%
June 2018 129 151 -14.6%
July 2018 125 152 -17.8%
12-Month Avg* 141 148 -4.7%
* Average Days on Market of all properties from August 2017 through July 2018.
This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
120
04-2014
04-2015
04-2016
04-2017
04-2018
Current as of August 10, 2018. Data is Copyright © 2018 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2018 ShowingTime. | 6