July 2018 Monthly Market Report July-Monthly-Market-Indicator | 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
$422,193
$380,892
$407,567
$377,182
$354,427
$381,810
2016 2017 2018 2016 2017 2018
+ 4.1% + 7.5% + 10.8% + 7.5% + 1.2% + 6.7%
Prior Year Percent Change
August 2017 $394,430 $369,114 +6.9%
September 2017 $407,311 $362,968 +12.2%
October 2017 $399,639 $378,471 +5.6%
November 2017 $380,569 $381,318 -0.2%
December 2017 $396,353 $381,851 +3.8%
January 2018 $409,031 $374,552 +9.2%
February 2018 $383,729 $347,474 +10.4%
March 2018 $388,588 $384,744 +1.0%
April 2018 $402,501 $393,075 +2.4%
May 2018 $404,867 $393,330 +2.9%
June 2018 $430,204 $383,756 +12.1%
July 2018 $422,193 $380,892 +10.8%
12-Month Avg* $401,618 $377,629 +6.4%
* Avg. Sales Price of all properties from August 2017 through July 2018. This is not
the average of the individual figures above.
Historical Average Sales Price by Month
$440,000
$420,000
$400,000
$380,000
$360,000
$340,000
$320,000
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. | 8