August 2010 Over the last 12 months, total pending sales in the area have increased 33.2 percent. Condo sales were up 66.6 percent since last August 4 percent August, while single-family homes were up 22 22.4 percent. The total inventory of homes for sale was down 10.7 percent overall from a year ago. The price range where inventory decreased the most was the $650,001 and above breakout, down 17.7 percent, while the inventory for homes priced $100,000 and below was up 13.9 percent. The median sales price of single-family homes over the last 12 months was $279,500, up 1.6 percent from a year ago. For condos, it was down 27.0 percent to $170,000.
Number of Bedrooms Analysis Inventory Months Supply Home Sales Percent of List Price Received Median Sales Price Days on Market Until Sale
2 2 3 3 4 4
Price Range Analysis Inventory Months Supply Home Sales Percent of List Price Received Days on Market Until Sale
5 6 7 8 9
All data provided by Multiple Listing Service of Hilton Head Island Š2010 HHIMLS - powered by 10K Research and Marketing and sponsored by the South Carolina Association of REALTORSŽ
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