Monthly-Market-Indicator-July | Page 2

Market Overview

Key market metrics for the current month and year-to-date figures .
Key Metrics Historical Sparkbars
07-2021 07-2022 Percent Change Y
New Listings 627 564 - 10.0 %
7-2020 7-2021 7-2022
Pending Sales 519 403 - 22.4 %
7-2020 7-2021 7-2022
Closed Sales 623 460 - 26.2 %
7-2020 7-2021 7-2022
Days on Market 90 97 + 7.8 %
7-2020 7-2021 7-2022
Median Sales Price $ 440,000 $ 482,870 + 9.7 %
7-2020 7-2021 7-2022
Average Sales Price $ 653,482 $ 650,290 - 0.5 %
7-2020 7-2021 7-2022
Pct . of List Price Received 99.7 % 99.3 % - 0.4 %
7-2020 7-2021 7-2022
Housing Affordability Index 54 49 - 9.3 %
7-2020 7-2021 7-2022
Inventory of Homes for Sale 752 982 + 30.6 %
7-2020 7-2021 7-2022
Months Supply of Inventory 1.1 1.8 + 63.6 %
7-2020 7-2021 7-2022
Current as of August 10 , 2022 . Data is Copyright © 2022 All Rights Reserved . REsides , Inc . Provided by the Hilton Head Area Association of REALTORS ® and South Ca