CAR ARCHIVED April 2016 | Page 22

Community Information | School District

Mecklenburg

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Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 343,900
7 %
30 %
Average List Price of all Current Listings
$ 496,465
8 %
30 %
April Median Sales Price
$ 215,000
0 %
5 %
5 %
5 %
$ 205,000
4 %
1 %
April Average Sales Price
$ 276,492
-0%
4 %
6 %
5 %
$ 265,175
4 %
1 %
Total Properties Currently for Sale ( Inventory )
3241
-1%
-28%
April Number of Properties Sold
1645
5 %
4 %
5323
3 %
April Average Days on Market ( Solds )
45
-20% -18% -15% -15%
55
-14%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 142
2 %
1 %
6 %
9 %
$ 140
8 %
8 %
April Sold Price per Square Foot
$ 128
-0%
4 %
5 %
6 %
$ 123
5 %
3 %
April Month ' s Supply of Inventory
2.0
-6%
-12% -30% -32%
2.6
-25%
-12%
April Sale Price vs List Price Ratio
97.3 %
. 6 %
. 7 %
1.2 %
1.3 %
96.6 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 1,645 , up 3.5 % from 1,589 in April of 2015 and 5.4 % higher than the 1,560 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 5,323 are running 3.5 % ahead of last year ' s year-to-date sales of 5,144 .
2,500
2,5002,000
2,0001,500
1,500 1,000
Number of Properties Sold
3 Mo Avg
Prices The Median Sales Price in April was $ 215,000 , up 4.9 % from $ 205,000 in April of 2015 and up 0.4 % from $ 214,250 last month . The Average Sales Price in April was $ 276,492 , up 5.9 % from $ 261,197 in April of 2015 and down 0.0 % from $ 276,548 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
1,000 500
500
0
290
1,692 1,655 1,598 1,578 1,241 1,285 1,093 1,205 999 887 1,222 1,385 1,595 1,677 1,660 1,565 1,424 1,365 1,073 1,398 1,015 1,032 1,508 1,589 1,742 2,115 1,881 1,724 1,604 1,455 1,145 1,504 951 1,167 1,560 1,645
M 13
290 270
270 250
250 230
230 210
210 190
190 170
0
1,692
M
1,655 1,598 1,578 1,241 1,285 1,093
13
J
J
A
S O N D
J
14
1,205 999
J J A S O N D J
887 1,222 1,385 1,595 1,677 1,660 1,565
14
F M A M J
J
A
S O N D
J
15
15
F M A M J
J
A
S O N D
J
16
Median Sales Price and Average Sales Price
3 Mo Avg
170
150
150
M
J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A
M
J
13J
A
S
O N D
J
F
14 M A M J
J
A
S
O N D
J
F M15A M J
J
A
S
O N D
J
F M
A16
13
14
15
16
1,424 1,365 1,073 1,398 1,015 1,032 1,508
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A
16
F M A
1,589 1,742 2,115 1,881 1,724 1,604 1,455 1,145 1,504 951 1,167 1,560 1,645
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of April was 3,241 , down 0.8 % from 3,267 last month and down 27.6 % from 4,475 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 2.0 months was at its lowest level compared with April of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
7,000 7,000
6.0
6,000 6,000
5,000 5.0
5,000 4,000
4.0
4,000 3,000
3.0
3,000 2,000
2.0
2,000 1,000
1,000 1.0
0 0
0.0
M J
M J
J A
J S
A O N
S
D
O N J F
D
M
J
A
F M
J
A
J
M A
J S
J O
A N
S D
O J
N F
D M
J A M
F M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D A
J F M A
13 13
14 14
15 15
16 16
5,379 5,498 5,589 5,724 5,781 5,675
5,294
5,379 5,498 5,589 5,724 5,781 5,675
5,294 4,888 4,780 5,017
4,888
5,255 4,780
5,677 5,777 5,745 5,663 5,515 5,321 5,131
5,017 5,677 5,255
5,777 5,745 5,663 5,515 5,321 5,131
4,758 4,231 4,058
4,758 4,231 4,058 4,090 4,333 4,475 4,549 4,520 4,654 4,497 4,395 4,263
4,090 4,333 4,475 4,549 4,520 4,654 4,497 4,395 4,263
3,834 3,356 3,295 3,129
3,834 3,356 3,295 3,129
3,267 3,241
3,267
3,241
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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