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®
5: Long Cove November
Year to Date
Key Metrics
2017
2018
Percent Change
2017
2018
Percent Change
New Listings
4
6
+ 50.0%
52
46
- 11.5%
Closed Sales
7
0
- 100.0%
25
20
- 20.0%
$785,000
$0
- 100.0%
$710,000
$556,250
- 21.7%
94.1%
0.0%
- 100.0%
94.6%
94.0%
- 0.6%
Days on Market Until Sale
236
0
- 100.0%
238
277
+ 16.1%
Inventory of Homes for Sale
32
37
+ 15.6%
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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
7
2018
37
$785,000
32
6 4
0 + 50.0%
- 100.0%
New Listings
Closed Sales
Historical Median Sales Price
$0 - 100.0%
+ 15.6%
Median Sales Price*
Inventory of Homes for Sale
Rolling 12-Month Calculation
All MLS — 5: Long Cove —
$1,000,000
$800,000
$600,000
$400,000
$200,000 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.