Housing Supply Overview A RESEARCH TOOL PROVIDED BY SOUTH CAROLINA REALTORS速
August 2015 Like school busses in a darker dawn, the typical seasonal slowdown is imminent. Numbers may be a bit in flux, but no drastic year-over-year drops or rises are anticipated across most markets. For the 12-month period spanning September 2014 through August 2015, Pending Sales in the Hilton Head region were up 15.3 percent overall. The price range with the largest gain in sales was the $225,001 to $375,000 range, where they increased 29.9 percent. The overall Median Sales Price was up 8.5 percent to $272,500. The property type with the largest price gain was the Condos segment, where prices increased 13.6 percent to $196,000. The price range that tended to sell the quickest was the $100,000 and Below range at 93 days; the price range that tended to sell the slowest was the $650,001 and Above range at 166 days. Market-wide, inventory levels were down 16.5 percent. The property type that lost the least inventory was the Single Family segment, where it decreased 13.7 percent. That amounts to 6.2 months supply for SingleFamily homes and 6.7 months supply for Condos.
Quick Facts + 29.9%
+ 20.5%
+ 56.1%
Price Range With the Strongest Sales:
Bedroom Count With Strongest Sales:
Property Type With Strongest Sales:
$225,001 to $375,000
3 Bedrooms
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 September 11, 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