July-Monthly-Market-Indicator | Page 2

Market Overview
Key market metrics for the current month and year-to-date figures.
Key Metrics
Historical Sparkbars
07-2019 07-2020 Percent Change Y
New Listings 561 710 + 26.6%
7-2018 7-2019 7-2020
Pending Sales 501 779 + 55.5%
7-2018 7-2019 7-2020
Closed Sales 503 709 + 41.0%
7-2018 7-2019 7-2020
Days on Market 143 143 0.0%
7-2018 7-2019 7-2020
Median Sales Price $330,000 $360,000 + 9.1%
7-2018 7-2019 7-2020
Average Sales Price $416,587 $504,127 + 21.0%
7-2018 7-2019 7-2020
Pct. of List Price Received 97.1% 97.2%
+ 0.1%
7-2018 7-2019 7-2020
Housing Affordability Index 72 66 - 8.3%
7-2018 7-2019 7-2020
Inventory of Homes for Sale 2,321 1,676 - 27.8%
7-2018 7-2019 7-2020
Months Supply of Inventory
5.2 3.4 - 34.6%
7-2018 7-2019 7-2020
Current as of August 10, 2020. Data is Copyright © 2020 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Ca