May 2018 Monthly Market Indicators May-Monthly-Market-Indicator - 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 $368,739 $393,330 $407,240 $381,667 $381,467 $399,331 2016 2017 2018 2016 2017 2018 + 1.5% + 6.7% + 3.5% + 7.3% - 0.1% + 4.7% Prior Year Percent Change June 2017 $383,756 $380,466 +0.9% July 2017 $380,892 $354,427 +7.5% August 2017 $394,430 $369,114 +6.9% September 2017 $407,311 $362,968 +12.2% October 2017 $399,639 $378,471 +5.6% November 2017 $380,569 $381,318 -0.2% December 2017 $396,353 $381,851 +3.8% January 2018 $409,031 $374,552 +9.2% February 2018 $384,858 $347,474 +10.8% March 2018 $388,588 $384,744 +1.0% April 2018 $403,366 $393,075 +2.6% May 2018 $407,240 $393,330 +3.5% 12-Month Avg* $394,669 $375,149 +5.2% * Avg. Sales Price of all properties from June 2017 through May 2018. 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 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. | 8