Housing Supply Overview A RESEARCH TOOL PROVIDED BY SOUTH CAROLINA REALTORS速
March 2015 Inventory, affordability and mortgage rates. These are going to be the stories of 2015. Will there be enough inventory? Will rates remain low? Will homes be affordable in the the types and price ranges desired? A nation awaits. For the 12-month period spanning April 2014 through March 2015, Pending Sales in the Hilton Head region were up 0.6 percent overall. The price range with the largest gain in sales was the $650,001 and Above range, where they increased 11.1 percent. The overall Median Sales Price was up 1.6 percent to $260,000. The property type with the largest price gain was the Single-Family Homes segment, where prices increased 0.9 percent to $282,500. The price range that tended to sell the quickest was the $100,000 and Below range at 80 days; the price range that tended to sell the slowest was the $650,001 and Above range at 172 days. Market-wide, inventory levels were down 6.3 percent. The property type that lost the least inventory was the Single Family segment, where it decreased 5.9 percent. That amounts to 7.5 months supply for SingleFamily homes and 8.6 months supply for Condos.
Quick Facts + 11.1%
+ 7.4%
+ 75.7%
Price Range With the Strongest Sales:
Bedroom Count With Strongest Sales:
Property Type With Strongest Sales:
$300,001 and Above
4 Bedrooms or More
Condos
Pending Sales Days on Market Until Sale Median Sales Price Percent of List Price Received Inventory of Homes for Sale Months Supply of Inventory
2 3 4 5 6 7
Current as of April 10, 2015 Data is Copyright 息 2015 All Rights Reserved. MLS of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS速 and South Carolina REALTORS速. Powered by 10K Research and Marketing. | 1