CAR ARCHIVED December 2016 | Page 12

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

County : Davidson

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
$ 179,900
-5%
12 %
Average List Price of all Current Listings
$ 238,756
-4%
7 %
December Median Sales Price
$ 136,250
-13% -8%
1 %
-1%
$ 145,700
6 %
6 %
December Average Sales Price
$ 170,151
4 %
0 %
6 %
6 %
$ 172,908
7 %
8 %
Total Properties Currently for Sale ( Inventory )
632
-6%
-20%
December Number of Properties Sold
136
14 %
18 %
1,574
17 %
December Average Days on Market ( Solds )
72 -10% -11% -30% -37%
95
-17%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 83
-9% -13% -3%
-10%
$ 97
5 %
5 %
December Sold Price per Square Foot
$ 88
0 %
-2%
9 %
10 %
$ 88
10 %
10 %
December Month ' s Supply of Inventory
4.6 -17% -12% -32% -47%
5.9
-32%
-32%
December Sale Price vs List Price Ratio
94.5 %
1.7 % 1.7 % 2.8 % 3.5 %
92.8 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Davidson

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
200
December Property sales were 136 , up 18.3 % from 115 in
180
December of 2015 and 14.3 % higher than the 119 sales last
Property month . December Sales 2016 sales were at their highest level
200
160
December compared Property to December sales were of 2015
136 , and up 18.3
2014 % . from December
115 in
YTD sales
180
140
December of 2015 and 14.3 higher than the 119 sales last of 1,574 are running 16.9 % ahead of last year ' s year-to-date sales month . December 2016 sales were at their highest level
160
120 of 1,347 . compared to December of 2015 and 2014 . December YTD sales
140
100
Number of Properties Sold
3 Mo Avg
of 1,574 are running 16.9 % ahead of last year ' s year-to-date sales of 1,347 .
120
100
80
60
80
40
60
20
40
0
20
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
0
14
15
16
J
F M A M J
Prices
14
The Median Sales Price in December was $ 136,250 , up 0.9 %
Prices
200 from $ 135,000 in December of 2015 and down 12.7 % from
The
$ 156,000 Median last Sales month Price . in The December Average was Sales $ 136,250 Price in , up December 0.9 % was
200 from
$ 170,151 $ 135,000 , up 5.8 in December % from $ 160,882 of 2015 in and December down 12.7 of % 2015 from and up
$ 156,000 last month . The Average Sales Price in December was
190
3.6 % from $ 164,227 last month . December 2016 ASP was at the
$ 170,151 , up 5.8 % from $ 160,882 in December of 2015 and up
180 highest level compared to December of 2015 and 2014 .
3.6 % from $ 164,227 last month . December 2016 ASP was at the
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
Median Sales Price and Average Sales Price
15
16
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
highest level compared to December of 2015 and 2014 .
170 160 150 140 130 120 110 100
62 87 97 97 122 118 108 112 104 111 100 108 76 67 126 109 123 134 152 137 128 106 74 115 70 97 129 124 148 176 154 149 145 127 119 136
190 180 170 160 150 140 130 120 110 100
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
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
The
December Total Inventory was 632 of , down Properties 5.7 % available from 670 for last sale month as of and down
1,400
December
20.1 % from was 791 632 in , down December 5.7 % from of last 670 year last . December month and 2016 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.1
Inventory % from was 791 in at December its lowest of level last compared year . December with December 2016 of
1,2001,000
Inventory
2015 and was 2014 at . its lowest level compared with December of
1,000
2015 and 2014 .
800
800
600
A comparatively lower MSI is more beneficial for sellers while a
600
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 4.6
400 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 4.62015
200 months was at its lowest level compared with December of 2015
200 and 2014 .
0 and 2014 .
0
J
F M A M J
F M A J
14
J A S O N D J
F M A M J
F M A M J
15
15.0
10.0
5.0
0.0
J A S O N D J
F M A M J
J A S O N D
F M A M J
J A S O N D
16
1,085 1,099 1,116 1,136 1,154 1,179 1,194 1,190 1,141 1,113 1,062 960 943 898
J
14
62 87 97 97 122 118 108 112 104 111 100
J A S O N D J 15
Number of Properties Sold
108 76 67 126 109 123 134
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
14
15
16
1,085 1,099 1,116 1,136 1,154 1,179 1,194 1,190 1,141 1,113 1,062 960
152 137 128
922 963 999 987 973 968 947 892 833 791 762 719
J A S O N D J 16
106
943 898 922 963 999 987 973 968 947 892 833 74 115 70 97 129 124 148 176 154
760 767 780 759 755 761 734 706 670 632
149
791 762 719 760 767 780 759 755 761 734 706
145
3 Mo Avg
127
670
632 119 136
20.0
15.0
10.0
5.0
0.0
12 | 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 .