CAR ARCHIVED August 2016 | Page 14
Market Action Report
Davie
County: Davie
Agent Name
Market Action Report
County: Davie
August 2016
Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$240,000
-4%
12%
August 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
Trending versus*:
$321,505 Trending
-2% versus*:
8%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$217,500 8% 21% -1% 29%
$175,550
3%
4%
$240,000 -4%
12%
$252,062 22% 19% 22% 25%
$204,619
0%
1%
$321,505 -2%
8%
313
5%
-15%
$217,500 8% 21% -1% 29%
$175,550
3%
4%
45 -20%
$252,062 22%
19% 22% 5%
25%
$204,619 364
0% 8% 1%
August
AverageCurrently
Days on for
Market
(Solds)
111 -15%
-10%
Total
Properties
Sale (Inventory)
313 90
5% 1% 0%
-15% -31% -27%
AskingNumber
Price per
Foot
(based on New Listings)
4%
August
of Square
Properties
Sold
45$96
-20% -6% -7%
5% -3% -3%
364 $1038% 3%
AugustAverage
Sold Price
August
Daysper
onSquare
Market Foot
(Solds)
90$93
1% 1%
0% 3%
-31% 13%
-27% 3%
111 $89
-15% -2%-10% -1%
AugustPrice
Month's
SupplyFoot
of Inventory
7.0
Asking
per Square
(based on New Listings)
$96 7.0
-6% 31%
-7% 24%
-3% -19%
-3% -26% $103
3% -22% 4% -26%
AugustSold
SalePrice
Priceper
vsSquare
List Price
1%
August
FootRatio
$9392.7%
1% -3.2%
3% -1.4%
13% 4.5%
3% .5%
$89 93.2%
-2% 2% -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
August
Month's Supply of Inventory
7.0 31% 24% -19% -26%
7.0 -22%
-26%
August Sale Price vs List Price Ratio
92.7% -3.2% -1.4% 4.5% Number
.5%
2%Sold 1%
of 93.2%
Properties
Average List Price of all Current Listings
Market Profile & Trends Overview
August Median Sales Price
Median List Price of all Current Listings
August Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
August Median Sales Price
AugustAverage
Number
of Properties
Sold
August
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
Property Sales
August Property sales were 45, up 4.7% from 43 in August of
2015 and 19.6% lower than the 56 sales last month. August
Property Sales
2016 sales were at a mid level compared to August of 2015 and70
August Property sales were 45, up 4.7% from 43 in August of
2014. August YTD sales of 364 are running 8.0% ahead of last
2015 and 19.6% lower than the 56 sales last month. August
60
year's
year-to-date
sales
of 337.
2016
sales
were at a mid
level
compared to August of 2015 and
50
2014. August YTD sales of 364 are running 8.0% ahead of last
year's year-to-date sales of 337.
40
70
Number of Properties Sold
60
3 Mo Avg
50
40
30
30 20
45
56
65
45
56
65
39
48
39
36
36
32
24
38
43
43
58
53
49
40
35
29
30
33
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
300
25.0
200
A comparatively lower MSI is more beneficial for sellers while a200
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The August 2016 MSI of 7.0
100
higher MSI is better for buyers. The August 2016 MSI of 7.0
100
months was at its lowest level compared with August of 2015
months was at its lowest level compared with August of 2015
0
and 2014.
0
and 2014.
J AF M
M A
S OJ N
D AJ MF JM JA AM
S O SN OD NJ DF M
J M
J AJ SJ OA NS DO J N F DM J A FMMJ AJ MA JS JO A
N D
F M
15
16
13 13
14 14
15
16
.
Copyright
© Coldwell
Banker
Residential
Brokerage | Price
Range:| All
| Property Types:
SFH - Con
Copyright
© Coldwell
Residential
c oBanker
ldw
e l lBrokerage
b a n k| Price
e rRange:
h o All
m eProperty
s cTypes:
o mSFH - Con
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc.may
andnot
may
not reflect
all relevant
realactivity.
estate activity.
Banker Residential
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
all relevant
real estate
Coldwell Coldwell
Banker Residential
BrokerageBrokerage
14 |
39
48
39
36
36
32
24
38
43
43
58
53
49
40
35
29
30
33
28
40
36
49
47
31
41
25
56
28
40
36
56
49
47
31
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 J A
S O13N 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 16
A M J J A
13
14
15
16
438
427
409 438
373 427
393 409
373
387
300
41
50
Inventory & MSI
Inventory
& MSI of Properties available for sale