March 2019 Monthly Market Indicators March-Monthly-Market-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
Days on Market
Year to Date
160
154
144
139
138
138
2017 2018 2019 2017 2018 2019
+ 5.5% - 10.4% + 0.7% + 7.4% - 10.0% - 4.2%
Prior Year Percent Change
-5.6%
April 2018 135 143 May 2018 136 143 -4.9%
June 2018 129 151 -14.6%
July 2018 123 152 -19.1%
August 2018 124 142 -12.7%
September 2018 131 155 -15.5%
October 2018 133 148 -10.1%
November 2018 134 146 -8.2%
December 2018 136 150 -9.3%
January 2019 140 153 -8.5%
February 2019 133 144 -7.6%
March 2019 139 138 +0.7%
12-Month Avg* 133 147 -9.5%
* Average Days on Market of all properties from April 2018 through March 2019.
This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
170
160
150
140
130
120
04-2014
04-2015
04-2016
04-2017
04-2018
Current as of April 10, 2019. Data is Copyright © 2019 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2019 ShowingTime. | 6