March 2020 Market Indicators March-Monthly-Market-Indicator | Page 2

Market Overview
Key market metrics for the current month and year-to-date figures.
Key Metrics
Historical Sparkbars
New Listings
3-2018
3-2019
3-2018 3-2019 3-2020
3-2018 3-2019 3-2020
3-2018 3-2019 3-2020
Closed Sales
Days on Market
Median Sales Price
3-2019
3-2019
3-2019
3-2019
3-2019
3-2019
- 2.7% 2,024 1,993 - 1.5%
520 446 - 14.2% 1,408 1,450 + 3.0%
467 493 + 5.6% 1,097 1,174 + 7.0%
139 150 + 7.9% 137 145 + 5.8%
$325,000 $350,250 + 7.8% $320,000 $335,500 + 4.8%
$432,011 $450,456 + 4.3% $426,916 $430,188 + 0.8%
96.7% 97.2% + 0.5% 96.5% 97.1% + 0.6%
73 68 - 6.8% 74 71 - 4.1%
2,510 2,196 - 12.5% -- -- --
5.7 4.7 - 17.5% -- -- --
3-2020
Months Supply of Inventory
3-2018
728
3-2020
Inventory of Homes for Sale
3-2018
748
Percent Change
3-2020
Housing Affordability Index
3-2018
YTD 2019 YTD 2020
3-2020
Pct. of List Price Received
3-2018
Percent Change
3-2020
Average Sales Price
3-2018
03-2020
3-2020
Pending Sales
3-2018
03-2019
3-2020
Current as of April 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 Carolina REALTORS®. Report © 2020 ShowingTime. | 2