CAR ARCHIVED April 2016

Market Action Report Rowan County: Rowan Agent Name Market Action Report County: Rowan April 2016 Title Phone Agent Name Website TitleOther Phone Trending versus*: Website Month LM L3M PYM LY Other $159,900 7% 19% April 2016 Community Information | School District Price Range: All | Properties: SFH - Con Market Profile & Trends Overview Price Range: AllList | Properties: SFH Median Price of- Con all Current Listings Trending versus*: Prior YTD Prior Year YTD versus*: Trending versus*: $229,502 Trending 6% 12% LM L3M PYM LY YTD Prior YTD Prior Year $127,750 4% 3% 1% 7% $124,000 8% 3% $159,900 7% 19% $147,987 6% 3% 8% 4% $143,067 5% 0% $229,502 6% 12% 561 1% -21% $127,750 4% 3% 1% 7% $124,000 8% 3% 6% 0% $147,987 126 6% 29% 3% 8% 11% 4% $143,067 364 5% AprilProperties Average Days on Market (Solds) 103 -21% -10% Total Currently for Sale (Inventory) 561 88 1% -28% -15% -21% -30% -23% Asking Price of per Square Foot 7% April Number Properties Sold(based on New Listings) 126$97 29% 4% 10% 11% 17% 18% 364 $886% 5% AprilAverage Sold Price April Daysper onSquare Market Foot (Solds) 88$76 -28% 8% -15% 3% -30% 1% -23% 5% 103 $74 -21% 4% -10% 1% April Month's Inventory 6.8 Asking Price perSupply Square of Foot (based on New Listings) $97 4.5 4% -22% 10% -28% 17% -28% 18% -42% $88 5% -25% 7% -12% AprilSold SalePrice Priceper vsSquare List Price Ratio 1% April Foot $7691.7% 8% 2.8% 3% 2.4% 1% 1.1% 5% 3.5% $74 89.6% 4% 2% 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) April Month's Supply of Inventory 4.5 -22% -28% -28% -42% 6.8 -25% -12% April Sale Price vs List Price Ratio 91.7% 2.8% 2.4% 1.1% Number 3.5% 2%Sold 1% of 89.6% Properties Average List Price of all Current Listings Market Profile & Trends Overview April Median Sales Price Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price AprilAverage Number of Properties Sold April Sales Price Month 3 Mo Avg * 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) Property Sales April Property sales were 126, up 10.5% from 114 in April of 2015 and 28.6% higher than the 98 sales last month. April 2016 Property Sales sales were at their highest level compared to April of 2015 and 140 April Property sales were 126, up 10.5% from 114 in April of 2014. April YTD sales of 364 are running 6.4% ahead of last 2015 and 28.6% higher than the 98 sales last month. April 2016 120 year's year-to-date saleslevel of 342. sales were at their highest compared to April of 2015 and 100 2014. April YTD sales of 364 are running 6.4% ahead of last year's year-to-date sales of 342. 80 140 Number of Properties Sold 120 3 Mo Avg 100 80 60 126 98 70 70 89 104 78 118 118 117 105 112 114 93 69 66 94 69 95 76 96 84 88 101 86 55 52 78 66 90 75 88 94 88 0 20 Prices Median Sales Price and Average Sales Price 190 126 98 70 70 89 78 104 118 118 117 105 112 114 93 69 66 94 69 95 76 96 84 88 88 101 86 55 52 78 66 90 75 88 94 88 96 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 13 14 15 16 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 13 14 Median Sales Price and 15 Average Sales Price 16 3 Mo Avg 0 The Median Sales Price in April was $127,750, up 1.4% from Prices $126,000 in April of 2015 and up 4.1% from $122,750 last The Median Sales Price Sales in April wasin $127,750, up$147,987, 1.4% fromup 7.8% month. The Average Price April was $126,000 in April of 2015 and up 4.1% from $122,750 last from $137,243 in April of 2015 and up 5.6% from $140,196 last190 month. The Average Sales Price in April was $147,987, up 7.8% month. April 2016 ASP was at the highest level compared to 170 from $137,243 in April of 2015 and up 5.6% from $140,196 last April of 2015 and 2014. month. April 2016 ASP was at the highest level compared to 150 April of 2015 and 2014. 130 96 40 20 88 60 40 3 Mo Avg 170 150 130 110 110 90 90 70 70 50 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 50 16 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 A 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 400 A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2016 MSI of 4.5 200 higher MSI is better for buyers. The April 2016 MSI of 4.5 200 months was at its lowest level compared with April of 2015 and months was at its lowest level compared with April of 2015 and 0 2014. 0 2014. M 13 . Copyright © Coldwell Banker | Price Range: All | Property Types: -SFH - Con Copyright © Coldwell | Price c oBanker ldw e lRange: l b aAll n| Property k e rTypes: h oSFH m eCon s com Data provided courtesy of Charlotte Regional REALTOR Association, Inc.may andnot may not reflect all relevant realactivity. estate activity. Data is is provided courtesy of Charlotte Regional REALTOR Association, Triad Triad MLS, MLS, Inc. and reflect all relevant real estate Coldwell Coldwell Banker Banker 24 | does warrant or guarantee accuracy of this information. It isresponsibility the responsibility any or buyer ortoseller verify and all information to such consumer’s estate transaction. does notnot warrant or guarantee the the accuracy of this information. It

CAR ARCHIVED April 2016 | Page 24