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®
2: Forest Beach Condos / Villas Only
November
Year to Date
Key Metrics
2017
2018
Percent Change
2017
2018
Percent Change
New Listings
21
14
- 33.3%
239
248
+ 3.8%
Closed Sales
16
17
+ 6.3%
191
179
- 6.3%
$183,300
$235,000
+ 28.2%
$195,500
$235,000
+ 20.2%
96.3%
96.1%
- 0.2%
95.3%
95.5%
+ 0.2%
Days on Market Until Sale
159
85
- 46.5%
153
114
- 25.6%
Inventory of Homes for Sale
78
99
+ 26.9%
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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
2018
$235,000 21 16
14
- 33.3%
+ 6.3%
New Listings
Closed Sales
Historical Median Sales Price
99
$183,300
17
78
+ 28.2%
+ 26.9%
Median Sales Price*
Inventory of Homes for Sale
Rolling 12-Month Calculation
All MLS — 2: Forest Beach —
$250,000
$200,000
$150,000
$100,000
$50,000
$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.