May 2017 Monthly Indicators Hilton-Head_MMI | Page 8

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. May Avg. Sales Price Year to Date $394,101 $363,302 $368,739 $381,667 $381,450 $355,543 2015 2016 2017 2015 2016 2017 + 12.1% + 1.5% + 6.9% + 8.3% + 7.3% - 0.1% Prior Year Percent Change June 2016 $380,466 $343,818 +10.7% July 2016 $354,427 $340,330 +4.1% August 2016 $369,981 $360,701 +2.6% September 2016 $362,968 $346,139 +4.9% October 2016 $378,471 $347,964 +8.8% November 2016 $381,318 $343,607 +11.0% December 2016 $382,475 $365,266 +4.7% January 2017 $373,464 $379,216 -1.5% February 2017 $347,733 $403,821 -13.9% March 2017 $384,429 $359,828 +6.8% April 2017 $393,073 $404,742 -2.9% May 2017 $394,101 $368,739 +6.9% 12-Month Avg* $375,242 $363,681 +3.2% * Avg. Sales Price of all properties from June 2016 through May 2017. This is not the average of the individual figures above. Historical Average Sales Price by Month $420,000 $400,000 $380,000 $360,000 $340,000 $320,000 04-2014 04-2015 04-2016 04-2017 Current as of June 10, 2017. Data is Copyright © 2017 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2017 ShowingTime. | 8