CAR ARCHIVED April 2016 | Page 28

Community Information | School District

Yadkin

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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
$ 181,900
1 %
1 %
Average List Price of all Current Listings
$ 228,257
6 %
-3%
April Median Sales Price
$ 143,000
4 %
7 %
17 %
15 %
$ 134,000
22 %
8 %
April Average Sales Price
$ 153,604
2 %
8 %
21 %
7 %
$ 141,826
20 %
-2%
Total Properties Currently for Sale ( Inventory )
114
-3%
-28%
April Number of Properties Sold
13
-7%
18 %
46
18 %
April Average Days on Market ( Solds )
129
34 % -13% 37 %
11 %
148
1 %
28 %
Asking Price per Square Foot ( based on New Listings )
$ 107
9 %
13 %
18 %
15 %
$ 95
1 %
2 %
April Sold Price per Square Foot
$ 85
-4%
6 %
15 %
14 %
$ 80
18 %
8 %
April Month ' s Supply of Inventory
8.8
5 %
4 %
-39% -35%
17.5
9 %
29 %
April Sale Price vs List Price Ratio
92.8 %
4.0 % 3.7 % 1.0 %
6.1 %
89.5 %
2 %
2 %
* 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 )
18
Property Sales
April Property sales were 13 , up 18.2 % from 11 in April of 2015 and 7.1 % lower than the 14 sales last month . April 2016 sales
20
18
16
14
were at their highest level compared to April of 2015 and 2014 .
16
12
April YTD sales of 46 are running 17.9 % ahead of last year ' s yearto-date sales of 39 .
14
12
10
8
10
6
8
4
6
2
4
2
0
0
Prices The Median Sales Price in April was $ 143,000 , up 17.2 % from $ 122,000 in April of 2015 and up 4.0 % from $ 137,500 last month . The Average Sales Price in April was $ 153,604 , up 20.9 % from $ 127,036 in April of 2015 and up 1.6 % from $ 151,196 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
20
13
M 13
250 230
250 210
230 190
210
170 190 170
150
150 130
130 110
110 90
90 70
70 50
50 M 13
13
M
8 17 13 13 14
8 17 13 13 14 9 9
9 13
13
J
J
A
S
O N D
J
14
9 13
J J A S O N D J
7 9 10
Number of Properties Sold
7 9 7
10 14
7 14 6 12
14
F M A M
J
J
A
S
O N D
J
15
Median Sales Price and Average Sales Price
12 19
6 12 12 19 19 14 9 7 12 11 15 15 8
15
F M A M
J
J
A
S
O N D
J
16
16 16 14 11 10 3
3 Mo Avg
16 14 13
3 Mo Avg
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
J
13J
A
S
O N D
J 14
F
14 M A M J
J
A
S
O N D
J 15
F M15A M J
J
A
S
O N D
J 16
F M
A16
19 14 9 7 12
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
11 15 15 8 16 16 14 11 10 3
3 Mo Avg
16 14 13
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of April was 114 , down 2.6 % from 117 last month and down 27.8 % from 158 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 8.8 months was at its lowest level compared with April of 2015 and 2014 .
200
200 150
150
164
Total Inventory & Month ' s Supply of Inventory ( MSI )
159
162 164
170 159
167 162
165 170
168 167
154 165
153 168
146 154
157 153
161 146
169 157 159
161
162 169 176 159 170 162 169
176 157
170 148
169
151 144
157
151
148
158 151
158 144
147 151
172 158
160 158
157 147
145 172
146 160
135 157
134 145
130 146
100
30.0
100
20.0
50
50
10.0
0
0
0.0
M
J
M
J
J
A
J S
A O N
S O D
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
F M
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
135 134
117
114
50.0 40.0
130 117 114
50.0 40.0 30.0 20.0 10.0 0.0
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