September 2016 Monthly Indicators | Page 12

Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12
months.

Months Supply

September
14.1

6.8

6.6

2014

2015

2016

--

- 51.8%

- 2.9%

Prior Year

Percent Change

October 2015

6.9

12.5

-44.8%

November 2015

6.6

10.9

-39.4%

December 2015

6.2

9.4

-34.0%

January 2016

6.5

8.2

-20.7%

February 2016

6.7

7.8

-14.1%

March 2016

7.0

7.9

-11.4%

April 2016

7.0

8.1

-13.6%

May 2016

6.8

8.0

-15.0%

June 2016

6.9

7.4

-6.8%

July 2016

7.1

6.8

+4.4%

August 2016

6.7

6.7

0.0%

September 2016

6.6

6.8

-2.9%

12-Month Avg*

6.7

8.4

-20.2%

* Months Supply for all properties from October 2015 through September 2016.
This is not the average of the individual figures above.

Historical Months Supply of Inventory by Month
50.0

40.0

30.0

20.0

10.0

0.0
04-2014

04-2015

04-2016

Current as of October 10, 2016. Data is Copyright © 2016 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Report © 2016 ShowingTime. | 12