HHI Market Update

Local Market Update – August 2016 A Research Tool Provided by the Multiple Listing Service of Hilton Head Island and the Hilton Head Area Association of REALTORS® 16: Bluffton / Off Plantation August Year to Date Key Metrics 2015 2016 Percent Change 2015 2016 Percent Change New Listings 99 113 + 14.1% 895 1,011 + 13.0% Closed Sales 91 93 + 2.2% 672 727 + 8.2% $214,230 $242,000 + 13.0% $215,000 $230,000 + 7.0% 96.9% 97.5% + 0.7% 97.0% 97.1% + 0.1% Days on Market Until Sale 130 113 - 12.9% 122 113 - 7.6% Inventory of Homes for Sale 280 275 - 1.8% -- -- -- 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. August 2015 113 280 99 + 14.1% + 2.2% New Listings Closed Sales Historical Median Sales Price 275 $242,000 93 91 2016 $214,230 + 13.0% Median Sales Price* Rolling 12-Month Calculation - 1.8% Inventory of Homes for Sale All MLS — 16: Bluffton / Off Plantation — $300,000 $280,000 $260,000 $240,000 $220,000 $200,000 $180,000 4-2014 4-2015 4-2016 Current as of September 10, 2016. Data © 2016 MLS of Hilton Head Island. All Rights Reserved. | Sponsored by South Carolina REALTORS®. | Report © 2016 ShowingTime.