May 2018 Monthly Market Indicators May-Monthly-Market-Indicator - Page 6

Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month. May Days on Market Year to Date 136 143 139 144 152 141 2016 2017 2018 2016 2017 2018 - 10.5% + 5.1% - 2.8% - 8.3% + 5.6% - 7.2% Prior Year Percent Change June 2017 151 134 +12.7% July 2017 152 141 +7.8% August 2017 142 131 +8.4% September 2017 155 132 +17.4% October 2017 148 145 +2.1% November 2017 146 155 -5.8% December 2017 150 153 -2.0% January 2018 153 160 -4.4% February 2018 144 168 -14.3% March 2018 138 154 -10.4% April 2018 136 143 -4.9% May 2018 139 143 -2.8% 12-Month Avg* 146 145 +0.7% * Average Days on Market of all properties from June 2017 through May 2018. This is not the average of the individual figures above. Historical Days on Market Until Sale by Month 170 160 150 140 130 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. | 6