September 2016 Monthly Indicators | 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.
September
Median Sales Price
Year to Date
$283,700
$289,750
$275,000
$290,000
$254,900
$240,000
2014
2015
2016
2014
2015
2016
--
+ 18.2%
+ 2.1%
--
+ 7.9%
+ 5.5%
Prior Year
Percent Change
October 2015
$284,968
$281,483
+1.2%
November 2015
$277,233
$268,950
+3.1%
December 2015
$300,875
$275,000
+9.4%
January 2016
$300,650
$236,000
+27.4%
February 2016
$290,000
$264,500
+9.6%
March 2016
$274,500
$250,000
+9.8%
April 2016
$289,500
$277,450
+4.3%
May 2016
$296,250
$278,415
+6.4%
June 2016
$298,900
$290,000
+3.1%
July 2016
$285,000
$275,000
+3.6%
August 2016
$299,450
$284,000
+5.4%
September 2016
$289,750
$283,700
+2.1%
12-Month Med*
$290,000
$275,000
+5.5%
* Median Sales Price of all properties from October 2015 through September 2016.
This is not the median of the individual figures above.
Historical Median Sales Price by Month
$320,000
$300,000
$280,000
$260,000
$240,000
$220,000
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. | 7