CAR ARCHIVED December 2016 | Page 16

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

County : Gaston

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
$ 182,745
5 %
24 %
Average List Price of all Current Listings
$ 245,594
5 %
32 %
December Median Sales Price
$ 157,615
4 %
3 %
13 %
10 %
$ 151,000
6 %
6 %
December Average Sales Price
$ 171,299
-7%
-1%
7 %
6 %
$ 170,341
5 %
5 %
Total Properties Currently for Sale ( Inventory )
610 -13%
-37%
December Number of Properties Sold
249
3 %
13 %
2,949
11 %
December Average Days on Market ( Solds )
66
10 %
5 %
-25% -20%
73
-12%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 94
2 %
-1%
15 %
11 %
$ 92
8 %
8 %
December Sold Price per Square Foot
$ 87
-5%
-1%
6 %
7 %
$ 86
6 %
6 %
December Month ' s Supply of Inventory
2.4 -15% -11% -44% -52%
3.3
-34%
-34%
December Sale Price vs List Price Ratio
94.9 %
. 1 %
-. 6 % 1.6 % 1.5 %
95.0 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
350 December Property sales were 249 , up 13.2 % from 220 in December of 2015 and 2.9 % higher than the 242 sales last 300 Property month . December Sales 2016 sales were at their highest level 350 December compared Property to December sales were of 2015
249 and , up 13.2
2014 % . from December
220 in
YTD sales 250 December of 2015 and 2.9 % higher than the 242 sales last of 2,949 are running 10.7 % ahead of last year ' s year-to-date
300 month . December 2016 sales were at their highest level sales of 2,664 .
200 compared to December of 2015 and 2014 . December YTD sales 250 of 2,949 are running 10.7 % ahead of last year ' s year-to-date 150 sales of 2,664 .
200
100 150 100

Gaston

Agent Name
Number of Properties Sold
50
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
3 Mo Avg
The Median Sales Price in December was $ 157,615 , up 12.8 %
Prices
200 from $ 139,763 in December of 2015 and up 3.6 % from $ 152,150
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month . Sales The Price Average in December Sales Price was in $ December 157,615 , up was 12.8 $ % 171,299
200
,
190 from up 6.8 $ 139,763 % from in $ 160,360 December in of December 2015 and of up 2015 3.6 % and from down $ 152,150 7.1 %
180 last month . The Average Sales Price in December was $ 171,299 ,
190 from $ 184,396 last month . December 2016 ASP was at the
170 up 6.8 % from $ 160,360 in December of 2015 and down 7.1 %
180 highest level compared to December of 2015 and 2014 .
160 from $ 184,396 last month . December 2016 ASP was at the
170
150 highest level compared to December of 2015 and 2014 .
160
140
150
130
140
120
130
120
110
110
100
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
122 135 158 205 197 208 236 226 197 201 177 194 165 173 203 223 237 270 294 206 262 211 200 220 164 182 223 261 280 312 235 297 254 250 242 249
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 610 of , down Properties 12.9 % available from 700 for last sale month as of and down
1,400
December
36.8 % from was 965 610 in , down December 12.9 % from of last 700 year last . December month and 2016 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
36.8
Inventory % from was 965 at in December its lowest level of 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 2.4
400 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 2.42015
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
10.0
8.0
6.0
4.0
2.0
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
1,257 1,258 1,275 1,296 1,304 1,327 1,316 1,298 1,321 1,258 1,194 1,127 1,122 1,145
J
14
122 135 158
Title Phone Website Other

Community Information | School District

50
14
205 197 208 236 226 197 201 177
1,257 1,258 1,275 1,296 1,304 1,327 1,316 1,298 1,321 1,258 1,194
J A S O N D J 15
Number of Properties Sold
194 165
15
173 203 223 237 270 294 206 262
1,126 1,119 1,104 1,069 1,114 1,138 1,087 1,068 1,023 965 927 861
J A S O N D J
16
211 200 220
1,127 1,122 1,145 1,126 1,119 1,104 1,069 1,114 1,138 1,087 1,068 1,023 965 927
164
16
182 223 261 280 312
851 820 805 810 800 791 762 726 700
3 Mo Avg
235 610
297
861 851 820 805 810 800 791 762 726
254
3 Mo Avg
250
700
610 242 249
12.0 10.0 8.0
6.0 4.0 2.0 0.0
16 | 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 .