Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE HILTON HEAD AREA ASSOCIATION OF REALTORS速
June 2011
Quick Facts
When looking at where the market may be heading, local data offers a more accurate and reliable picture than national headlines. For the 12month period spanning July 2010 through June 2011, Pending Sales in the Hilton Head region were up 10.2 percent from the same period a year prior. However, the largest gain occurred in the $100,000 and Below range, where they increased 60.3 percent to 582 units. The overall Median Sales Price was down 6.0 percent to $235,000. However, the property type with the smallest price decline was the SingleFamily segment, where prices decreased 3.3 percent to $270,098. The price range that tended to sell the quickest was the $100,000 and Below range at 104 days; the price range that tended to sell the slowest was the $650,001 and Above range at 216 days. Market-wide, inventory levels were down 19.6 percent. The property type that lost the least inventory was the Condo segment, where it decreased 17.6 percent. The price range that made the largest strides toward balance was the $650,001 and Above range, where months supply decreased 0.3 percent to 29.9 months.
+ 60.3%
+ 13.7%
+ 10.4%
Price Range With the Strongest Sales:
Bedroom Count With Strongest Sales:
Property Type With Strongest Sales:
$100,000 and Below
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
Click on desired metric to jump to that page.
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