March 2020 Market Indicators March-Monthly-Market-Indicator | Page 8

Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
March
Avg. Sales Price
Year to Date
$450,456
$432,011
$426,916
$430,188
$393,141
$388,588
2018 2019 2020 2018 2019 2020
+ 1.0% + 11.2% + 4.3% + 6.0% + 8.6% + 0.8%
Prior Year Percent Change
April 2019 $398,025 $401,786 -0.9%
May 2019 $412,356 $403,895 +2.1%
June 2019 $411,442 $429,090 -4.1%
July 2019 $416,587 $411,965 +1.1%
August 2019 $411,364 $387,023 +6.3%
September 2019 $426,008 $402,034 +6.0%
October 2019 $460,669 $439,832 +4.7%
November 2019 $402,801 $403,498 -0.2%
December 2019 $440,266 $399,610 +10.2%
January 2020 $399,645 $438,247 -8.8%
February 2020 $430,973 $407,660 +5.7%
March 2020 $450,456 $432,011 +4.3%
12-Month Avg* $421,716 $413,054 +2.1%
* Avg. Sales Price of all properties from April 2019 through March 2020. This is not
the average of the individual figures above.
Historical Average Sales Price by Month
$475,000
$450,000
$425,000
$400,000
$375,000
$350,000
$325,000
$300,000
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. | 8