CAR ARCHIVED August 2016 | Page 6

Market Action Report August 2016
Community Information | School District
Market Action Report August 2016

County : Alexander

Price Range : All | Properties : SFH - Con
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
$ 249,900
9 %
41 %
Average List Price of all Current Listings
$ 325,687
10 %
24 %
August Median Sales Price
$ 176,500
-19% 13 %
31 %
31 %
$ 155,900
16 %
16 %
August Average Sales Price
$ 208,792
-29%
5 %
37 %
30 %
$ 195,585
17 %
21 %
Total Properties Currently for Sale ( Inventory )
63
-6%
-20%
August Number of Properties Sold
12
140 %
-8%
65
-16%
August Average Days on Market ( Solds )
111 113 % -4%
85 %
-5%
123
1 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 116
12 %
7 %
25 %
15 %
$ 113
12 %
12 %
August Sold Price per Square Foot
$ 98
-23%
2 %
15 %
21 %
$ 92
8 %
14 %
August Month ' s Supply of Inventory
5.3 -61% -33% -14% -52%
9.6
-8%
-11%
August Sale Price vs List Price Ratio
93.6 % -4.3% -. 8 % 2.9 % 2.7 %
93.9 %
3 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Alexander

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
18
August Property sales were 12 , down 7.7 % from 13 in August of
2015 and 140.0 % higher than the 5 sales last month . August
Property Sales
2016 sales were at a mid level compared to August of 2015 and
18
August Property sales were 12 , down 7.7 % from 13 in August of
2014 . August YTD sales of 65 are running 15.6 % behind last
2015 and 140.0 % higher than the 5 sales last month . August
16
2016 year sales ' s year-to-date were at a mid sales level of 77 compared . to August of 2015 and
14
2014 . August YTD sales of 65 are running 15.6 % behind last
12 year ' s year-to-date sales of 77 .
16
14
12
10
8
Number of Properties Sold
3 Mo Avg
10
6
8
4
6
4
2
2
0
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
0
13
14
15
16
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
Prices
13
14
Median Sales
15 Price and Average Sales 16Price
3 Mo Avg
The Median Sales Price in August was $ 176,500 , up 31.2 % from
Prices
300
$ 134,500 in August of 2015 and down 19.0 % from $ 218,000
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month .
Sales
The Price Average in August Sales Price was $ 176,500 in August
, up was 31.2 $ % 208,792 from
,
300
$ 134,500 in August of 2015 and down 19.0 % from $ 218,000 up 37.4 % from $ 152,014 in August of 2015 and down 29.0 %
250 last month . The Average Sales Price in August was $ 208,792 , from $ 294,180 last month . August 2016 ASP was at the highest up 37.4 % from $ 152,014 in August of 2015 and down 29.0 %
250 level compared to August of 2015 and 2014 .
200 from $ 294,180 last month . August 2016 ASP was at the highest
level compared to August of 2015 and 2014 .
200
150
11
150 100
100
50
50
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 63 , down Inventory 6.0 % of from Properties 67 last available month and for sale down as 20.3 of August % from 79
120 was 63 , down 6.0 % from 67 last month and down 20.3 % from 79
120 in August of last year . August 2016 Inventory was at its lowest
100 in level August compared of last year with . August 2016 of 2015 Inventory and 2014 was . at its lowest
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
100.0
120.0
100.0
level compared with August of 2015 and 2014 .
80
80
80.0
80.0
60
60
60.0
60.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
40 higher MSI is better for buyers . The August 2016 MSI of 5.3 higher MSI is better for buyers . The August 2016 MSI of 5.3 months was at its lowest level compared with August of 2015
20 months was at its lowest level compared with August of 2015 and 2014 . and 2014 .
0
40
40.0
20
20.0
0
0.0
S
O
S N
O D
N J
D
F M
J
A
F M
J
A M
J 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
J S O
J A N D
S O J
N
F M
D
A
J M
F
J
M
J
A
A
M J
J A
13
13
14
14
15
15
16
16
40.0
20.0
0.0
78 11
85 78
9
85 2 3 9
94 89 89 87
95 8 98
6
9 2 3 9 8 6 6 5 6 5 13
95 94 93 102 97
10
13 10 1 7
1
94 89 89 87 95 98 95 94 93 102 97
85 89
Number of Properties Sold
7 12
85 89
74
74 12 6
82 74 80 74 80
12 12 6 5 8
5
70 8 10
82 80 80
11 70
10
77 79 79 74
10 11 10 17 3
17 3
66 71
13
77 79 79 74
12
66 71
54 55 58 5 4
62 65
13 12 5 4 6 3 5
6 10
54 55 58 3 5 10
67 68 67 63
6
6 10 14 5
10 12
14
62 65 67 68 67 63
3 Mo Avg
5 12
6 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charlotte Regional REALTOR Association , Triad MLS , Inc . and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .