July 2018 Monthly Market Report July-Monthly-Market-Indicator | 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
$284,500
$290,000
$298,158
$290,000
$297,500
$311,520
2016 2017 2018 2016 2017 2018
+ 3.5% + 1.9% + 2.8% + 6.6% + 2.6% + 4.7%
Prior Year Percent Change
August 2017 $294,920 $295,000 -0.0%
September 2017 $295,000 $290,000 +1.7%
October 2017 $316,500 $302,750 +4.5%
November 2017 $325,000 $290,500 +11.9%
December 2017 $312,000 $299,000 +4.3%
January 2018 $328,000 $298,750 +9.8%
February 2018 $306,300 $280,020 +9.4%
March 2018 $299,111 $295,000 +1.4%
April 2018 $312,000 $306,340 +1.8%
May 2018 $320,000 $299,000 +7.0%
June 2018 $308,900 $300,148 +2.9%
July 2018 $298,158 $290,000 +2.8%
12-Month Med* $310,000 $295,000 +5.1%
* Median Sales Price of all properties from August 2017 through July 2018. This is
not the median of the individual figures above.
Historical Median Sales Price by Month
$340,000
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
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. | 7