CAR ARCHIVED August 2017 | Page 6

Market Action Report August 2017
Community Information | School District
Market Action Report August 2017

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
$ 225,000
0 %
-8%
Average List Price of all Current Listings
$ 299,869
11 %
-4%
August Median Sales Price
$ 163,000
9 %
-4% -13%
2 %
$ 154,000
-4%
-4%
August Average Sales Price
$ 205,673
3 %
-6% -16%
-1%
$ 199,246
-3%
-4%
Total Properties Currently for Sale ( Inventory )
64
2 %
-2%
August Number of Properties Sold
15
67 %
15 %
87
30 %
August Average Days on Market ( Solds )
97
37 %
13 %
-8%
-9%
99
-18%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 111
-18%
2 %
-2%
4 %
$ 107
-4%
0 %
August Sold Price per Square Foot
$ 98
2 %
-1%
-6%
1 %
$ 95
1 %
-2%
August Month ' s Supply of Inventory
4.3 -39% -18% -15% -51%
5.9
-37%
-32%
August Sale Price vs List Price Ratio
89.2 % -6.1% -4.6% -4.3% -5.1%
91.7 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Alexander

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
18
August Property sales were 15 , up 15.4 % from 13 in August of
2016 and 66.7 % higher than the 9 sales last month . August 2017
Property sales were Sales at their highest level compared to August of 2016 and
18
August
2015 .
Property August YTD sales sales were of 15 87 , up are 15.4 running % from 29.9 13 in % August ahead of of last
2016 and 66.7 % higher than the 9 sales last month . August 2017
16 year ' s year-to-date sales of 67 . sales were at their highest level compared to August of 2016 and
14
2015 . August YTD sales of 87 are running 29.9 % ahead of last
12 year ' s year-to-date sales of 67 .
16
14
12
10
8
Number of Properties Sold
3 Mo Avg
10
6
8
4
6
2
4
0
2
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
14
15
16
17
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
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in August was $ 163,000 , down 13.3 %
Prices
350 from $ 188,000 in August of 2016 and up 8.7 % from $ 150,000
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month . Sales The Price Average in August Sales Price was $ 163,000 in August , down was $ 13.3 205,673 % ,
350
300 from down $ 188,000 15.7 % from in August $ 243,885 of 2016 in August and up of 8.72016 % from and $ up 150,000 3.1 % from
last
$ 199,456 month . last The month Average . August Sales Price 2017 in ASP August was was at a $ mid 205,673 range , down compared 15.7 % to from August $ 243,885 of 2016 in August and 2015 of 2016 . and up 3.1 % from
$ 199,456 last month . August 2017 ASP was at a mid range compared to August of 2016 and 2015 .
300
250
250
200
200
150
150 100
7 12 12 6 5 8
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 O14N D J F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of August Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 64 , up Inventory 1.6 % from of Properties 63 last month available and for down sale 1.5 as % of from August 65 in 120
30.0 was August 64 , up of 1.6 last % year from . 63 August last month 2017 Inventory and down 1.5 was % at from its lowest 65 in 120 30.0
100 25.0
August level compared of last year with . August 2017 of Inventory 2016 and was 2015 at . its lowest 100 25.0 level compared with August of 2016 and 2015 . 80
20.0
80 20.0
60 15.0
60 15.0
A comparatively lower MSI is more beneficial for sellers while a 40 10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial August for 2017 sellers MSI while of 4.3 a 40 10.0 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of of 4.3 20
5.0
2016 20
5.0 months and 2015 was . at its lowest level compared with August of 2016 0
0.0 and 2015 .
0
0.0 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
S O N D J F M A 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 14 15
16 17
14 15 16
17
97 7
85 97
12
89 85
12 89
74 74
6 74
5 74
8 82
82 80 80
10 80 70
11 80
10
77
79 70
10 11 10 17 3
17 77
79 74
3 79
66 13 79
Number of Properties Sold
71 12
74 5
66 71
4
54 55 58
6
13 12 5 4 6 3 5
3
10 5 62
10 66
6 68
10
54 62 55 66 58 68 69 68 65 66 62 65 64
6 10 14 6
69 14 68
6 65
13 66
13
13 13 7 7 10
62 52
7 65
7 64
58 57
9
7 10 9 7
12 11 9
12 15
62
62 52
65 58
64 57 63 64
11 9
65 9 15
64 63
3 Mo Avg
15
64 9 15
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 .