March 2018 Monthly Indicators March-Monthly-Indicator | Page 6

Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
March
146
Days on Market
Year to Date
154
140
149
160
145
2016 2017 2018 2016 2017 2018
- 7.0% + 5.5% - 9.1% - 6.3% + 7.4% - 9.4%
Prior Year Percent Change
0.0%
April 2017 143 143 May 2017 143 136 +5.1%
June 2017 151 134 +12.7%
July 2017 152 141 +7.8%
August 2017 142 131 +8.4%
September 2017 155 132 +17.4%
October 2017 148 145 +2.1%
November 2017 146 155 -5.8%
December 2017 150 153 -2.0%
January 2018 153 160 -4.4%
February 2018 144 168 -14.3%
March 2018 140 154 -9.1%
12-Month Avg* 147 144 +2.1%
* Average Days on Market of all properties from April 2017 through March 2018.
This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
04-2014
04-2015
04-2016
04-2017
Current as of April 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. | 6