March 2020 Market Indicators March-Monthly-Market-Indicator | 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.
March
Median Sales Price
Year to Date
$350,250
$325,000
$310,000
$299,111
$320,000
$335,500
2018 2019 2020 2018 2019 2020
+ 1.4% + 8.7% + 7.8% + 6.9% + 3.2% + 4.8%
Prior Year Percent Change
+1.7%
April 2019 $316,945 $311,770 May 2019 $320,000 $320,000 0.0%
June 2019 $330,000 $308,210 +7.1%
July 2019 $330,000 $295,000 +11.9%
August 2019 $312,500 $315,000 -0.8%
September 2019 $325,000 $310,000 +4.8%
October 2019 $356,661 $334,060 +6.8%
November 2019 $304,860 $322,358 -5.4%
December 2019 $350,750 $330,000 +6.3%
January 2020 $334,710 $323,000 +3.6%
February 2020 $322,783 $299,900 +7.6%
March 2020 $350,250 $325,000 +7.8%
12-Month Med* $326,250 $315,000 +3.6%
* Median Sales Price of all properties from April 2019 through March 2020. This is
not the median of the individual figures above.
Historical Median Sales Price by Month
$375,000
$350,000
$325,000
$300,000
$275,000
$250,000
$225,000
04-2014
04-2015
04-2016
04-2017
04-2018
04-2019
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. | 7