June 2016 Monthly Indicators | 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.
June
Median Sales Price
Year to Date
$283,245
$290,000
$302,336
$295,000
$265,500
$271,231
2014
2015
2016
2014
2015
2016
--
+ 2.4%
+ 4.3%
--
+ 2.2%
+ 8.8%
Prior Year
Percent Change
July 2015
$275,000
$245,000
+12.2%
August 2015
$284,000
$255,458
+11.2%
September 2015
$283,700
$240,000
+18.2%
October 2015
$284,968
$281,483
+1.2%
November 2015
$277,233
$268,950
+3.1%
December 2015
$300,875
$275,000
+9.4%
January 2016
$300,650
$236,000
+27.4%
February 2016
$290,000
$264,500
+9.6%
March 2016
$274,500
$250,000
+9.8%
April 2016
$289,500
$277,450
+4.3%
May 2016
$295,500
$278,415
+6.1%
June 2016
$302,336
$290,000
+4.3%
12-Month Med*
$289,000
$265,000
+9.1%
* Median Sales Price of all properties from July 2015 through June 2016. This is not
the median of the individual figures above.
Historical Median Sales Price by Month
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
04-2014
04-2015
04-2016
Current as of July 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. | 7