May 2018 Monthly Market Indicators May-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.
May
Median Sales Price
Year to Date
$328,000
$296,250
$299,000
$290,000
$297,071
$315,000
2016 2017 2018 2016 2017 2018
+ 6.4% + 0.9% + 9.7% + 9.4% + 2.4% + 6.0%
Prior Year Percent Change
June 2017 $300,148 $296,250 +1.3%
July 2017 $290,000 $284,500 +1.9%
August 2017 $294,920 $295,000 -0.0%
September 2017 $295,000 $290,000 +1.7%
October 2017 $316,500 $302,750 +4.5%
November 2017 $325,000 $290,500 +11.9%
December 2017 $312,000 $299,000 +4.3%
January 2018 $328,000 $298,750 +9.8%
February 2018 $307,780 $280,020 +9.9%
March 2018 $299,111 $295,000 +1.4%
April 2018 $312,500 $306,340 +2.0%
May 2018 $328,000 $299,000 +9.7%
12-Month Med* $309,558 $294,900 +5.0%
* Median Sales Price of all properties from June 2017 through May 2018. This is not
the median of the individual figures above.
Historical Median Sales Price by Month
$340,000
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
04-2014
04-2015
04-2016
04-2017
04-2018
Current as of June 10, 2018. Data is Copyright © 2018 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2018 ShowingTime. | 7