Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE HILTON HEAD AREA ASSOCIATION OF REALTORS速
July 2012
Quick Facts
As Olympians wind down their time in London, the local housing market has already medaled in several events. For the 12-month period spanning August 2011 through July 2012, Pending Sales in the Hilton Head region 16 1 percent overall. ll Th i range with i h the h largest l i iin sales l were up 16.1 The price gain was the $100,001 to $225,000 range, where they increased 25.0 percent. The overall Median Sales Price remained flat 0.0 percent to $227,815. The property type with the largest price gain was the Condo segment, where prices increased 20.2 percent to $159,000. The price range that tended to sell the quickest was the $100,000 and Below range at 89 days; the price range that tended to sell the slowest was the $650,001 and Above range at 206 days. Market-wide, inventory levels were down 19.1 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 17.2 percent. That amounts to 9.5 months supply for SingleFamily homes and 9.9 months supply for Condos.
+ 25.0%
+ 22.5%
+ 19.4%
Price Range With the Strongest Sales:
Bedroom Count With Strongest Sales:
Property Type With Strongest Sales:
$100,001 to $225,000
2 Bedrooms or Less
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
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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