CAR ARCHIVED December 2016 | Page 14

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

County : Davie

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
$ 232,400
2 %
8 %
Average List Price of all Current Listings
$ 305,406
1 %
6 %
December Median Sales Price
$ 179,450
-15% -8%
23 %
6 %
$ 178,000
6 %
5 %
December Average Sales Price
$ 230,693
12 %
6 %
11 %
14 %
$ 207,951
4 %
3 %
Total Properties Currently for Sale ( Inventory )
240
-1%
-22%
December Number of Properties Sold
50
32 %
56 %
535
13 %
December Average Days on Market ( Solds )
127
8 %
25 % -15%
2 %
109
-14%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 103
-2%
-1%
7 %
4 %
$ 103
3 %
4 %
December Sold Price per Square Foot
$ 91
3 %
-4%
8 %
1 %
$ 90
1 %
0 %
December Month ' s Supply of Inventory
4.8 -25% -18% -50% -49%
6.7
-29%
-29%
December Sale Price vs List Price Ratio
91.9 %
. 9 % -1.3% 2.8 %
-. 3 %
93.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales December Property sales were 50 , up 56.3 % from 32 in December of 2015 and 31.6 % higher than the 38 sales last Property month . December Sales 2016 sales were at their highest level 70 December compared Property to December sales were of 2015
50 , and up 56.3
2014
% . from December
32 in
YTD sales December of 2015 and 31.6 % higher than the 38 sales last of 535 are running 12.9 % ahead of last year ' s year-to-date sales
60 month . December 2016 sales were at their highest level of 474 . compared to December of 2015 and 2014 . December YTD sales 50 of 535 are running 12.9 % ahead of last year ' s year-to-date sales of 474 . 40 30 20
Number of Properties Sold
10
0
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
Prices
The Median Sales Price in December was $ 179,450 , up 22.7 %
J
F M A M J
14
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
Prices from $ 146,250 in December of 2015 and down 15.3 % from
240
The
$ 211,750 Median last Sales month Price . in The December Average was Sales $ 179,450 Price in , up December 22.7 % was from
$ 230,693 $ 146,250 , up in 10.9 December % from $ of 207,968 2015 and in down December 15.3 % of from 2015 and
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ up 211,750 12.1 % last from month $ 205,848 . The Average last month Sales . Price December in December 2016 ASP was was
$ 230,693 , up 10.9 % from $ 207,968 in December of 2015 and
220
200 at the highest level compared to December of 2015 and 2014 . up 12.1 % from $ 205,848 last month . December 2016 ASP was
200
180
at the highest level compared to December of 2015 and 2014 .
180
160
160 140
140 120
120 100 100
70 60 50 40 30 20 10
26 19 25 41 31 47 49 56 36 40 28 33 30 29 35 40 49 53 58 43 43 38 24 32 36 36 39 48 39 65 56 47 37 44 38 50
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 240 of , down Properties 0.8 % available from 242 for last sale month as of and down
500
December
21.6 % from was 306 240 in , down December 0.8 % from of last 242 year last . December month and 2016 down
500
400
21.6
Inventory % from 306 was in at December its lowest level of last compared year . December with December 2016 of
400
Inventory
2015 and was 2014 at . its lowest level compared with December of
300
2015 and 2014 .
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
15.0
200
A comparatively lower MSI is more beneficial for sellers while a
200
10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 4.8
100 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 4.82015
100
5.0 months and 2014 was
. at its lowest level compared with December of 2015
0 and 2014 .
0
0.0
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 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
14
15
16
393

Davie

26 19 25
Agent Name
Title Phone Website Other

Community Information | School District

41 31 47 49 56 36
387
415 393
407 387
432 415
430 407
434 432
431 430
439 434
450 431
432 439
40
382
357 28 33
Number of Properties Sold
30 29 35 40 49 53 58 43 43
3 Mo Avg
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
450 432
347 382
348 357
349 347
343
348 369
349 367 343 369
369 373 348
367
332
369
306 373
303 348
295 332
312 306
313 303
309 295
300 312
303 313
301 309
272 300
284 303 242 301
240 272
38 24 32 36 36 39 48 39 65 56 47
284 37
242
3 Mo Avg
44
240 38 50
25.0 20.0
15.0 10.0 5.0 0.0
14 | 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 .