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