Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE HILTON HEAD AREA ASSOCIATION OF REALTORS速
September 2013
Quick Facts
So just how is the market, you ask? Well, buyers are buying, sellers are selling, lenders are lending and builders are building. This recovery is robust enough to forge onward despite interest rate risk and political idl k For F the h 12-month 12 h period i d spanning i October O b 2012 through h h gridlock. September 2013, Pending Sales in the Hilton Head region were up 15.2 percent overall. The price range with the largest gain in sales was the $375,001 to $650,000 range, where they increased 31.8 percent. The overall Median Sales Price was up 11.1 percent to $250,000. The property type with the largest price gain was the Condo segment, where prices increased 20.6 percent to $186,875. The price range that tended to sell the quickest was the $100,000 and Below range at 103 days; the price range that tended to sell the slowest was the $650,001 and Above range at 183 days. Market-wide, inventory levels were down 17.0 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 16.8 percent. That amounts to 7.0 months supply for SingleFamily homes and 8.9 months supply for Condos.
+ 31.8%
+ 22.8%
+ 21.4%
Price Range With the Strongest Sales:
Bedroom Count With Strongest Sales:
Property Type With Strongest Sales:
$375,001 to $650,000
4 Bedrooms or More
Single-Family Homes
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
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All data from the Multiple Listing Service 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