June-Monthly-Market-Indicator | Page 2

Market Overview
Key market metrics for the current month and year-to-date figures.
Key Metrics
Historical Sparkbars
06-2019 06-2020 Percent Change Y
New Listings 587 710 + 21.0%
6-2018 6-2019 6-2020
Pending Sales 500 903 + 80.6%
6-2018 6-2019 6-2020
Closed Sales 509 546 + 7.3%
6-2018 6-2019 6-2020
Days on Market 134 147 + 9.7%
6-2018 6-2019 6-2020
Median Sales Price $330,000 $357,465 + 8.3%
6-2018 6-2019 6-2020
Average Sales Price $411,442 $490,708 + 19.3%
6-2018 6-2019 6-2020
Pct. of List Price Received 96.8% 96.6%
- 0.2%
6-2018 6-2019 6-2020
Housing Affordability Index 72 66 - 8.3%
6-2018 6-2019 6-2020
Inventory of Homes for Sale 2,409 1,805 - 25.1%
6-2018 6-2019 6-2020
Months Supply of Inventory
5.4 3.8 - 29.6%
6-2018 6-2019 6-2020
Current as of July 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