Local Market Update – November 2018 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS®
1: Sea Pines Condos / Villas Only
November
Year to Date
Key Metrics
2017
2018
Percent Change
2017
2018
Percent Change
New Listings
12
14
+ 16.7%
170
183
+ 7.6%
Closed Sales
17
8
- 52.9%
152
136
- 10.5%
$375,000
$387,500
+ 3.3%
$366,250
$399,050
+ 9.0%
95.9%
96.4%
+ 0.5%
95.3%
95.7%
+ 0.4%
Days on Market Until Sale
125
96
- 23.2%
186
153
- 17.9%
Inventory of Homes for Sale
61
74
+ 21.3%
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Median Sales Price* Percent of List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
November
2017
17 $375,000
14
2018
74
$387,500 61
12 8
+ 16.7%
- 52.9%
New Listings
Closed Sales
Historical Median Sales Price
+ 3.3%
+ 21.3%
Median Sales Price*
Inventory of Homes for Sale
Rolling 12-Month Calculation
All MLS — 1: Sea Pines —
$500,000
$400,000
$300,000
$200,000
$100,000
$0 4-2014
10-2014
4-2015
10-2015
4-2016
10-2016
4-2017
10-2017
4-2018
10-2018
Current as of December 10, 2018. Data © 2018 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2018 ShowingTime.