Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
August 13.9 10.5 7.6
2011
-24.5%
-27.4%
2012
2013
Month
Prior Year
Current Year
+/–
September
14.0
10.4
-26.1%
October
13.4
10.0
-25.7%
November
13.1
9.6
-26.5%
December
12.1
9.1
-25.2%
January
12.2
9.0
-26.2%
February
12.3
9.0
-27.0%
March
12.3
9.3
-24.8%
April
12.1
9.4
-22.3%
May
11.6
9.1
-21.8%
June
11.1
8.6
-23.1%
July
10.9
7.9
-27.9%
August
10.5
7.6
-27.4%
12-Month Avg
12.1
9.1
-25.3%
Historical Months Supply of Inventory 30
25
20
15
10
5
0 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
All data from the Multiple Listing Service of Hilton Head Island. Provided by the Hilton Head Area Association of REALTORS® and South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12