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®
3: Shipyard Condos / Villas Only
November
Year to Date
Key Metrics
2017
2018
Percent Change
2017
2018
Percent Change
New Listings
8
6
- 25.0%
94
103
+ 9.6%
Closed Sales
5
9
+ 80.0%
74
98
+ 32.4%
$315,000
$283,000
- 10.2%
$295,000
$300,000
+ 1.7%
94.0%
95.3%
+ 1.4%
95.6%
96.0%
+ 0.5%
Days on Market Until Sale
158
140
- 11.2%
180
132
- 26.8%
Inventory of Homes for Sale
34
18
- 47.1%
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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
9
$315,000
34
$283,000
8
2018
6 5
18
- 25.0%
+ 80.0%
New Listings
Closed Sales
Historical Median Sales Price
- 10.2%
- 47.1%
Median Sales Price*
Inventory of Homes for Sale
Rolling 12-Month Calculation
All MLS — 3: Shipyard —
$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.