CAR ARCHIVED December 2016 | Page 20

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

County : Lincoln

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
$ 319,000
-1%
8 %
Average List Price of all Current Listings
$ 367,615
0 %
-3%
December Median Sales Price
$ 290,000
5 %
5 %
54 %
32 %
$ 253,578
14 %
15 %
December Average Sales Price
$ 297,408
1 %
-1%
39 %
14 %
$ 291,406
11 %
11 %
Total Properties Currently for Sale ( Inventory )
339
-5%
-7%
December Number of Properties Sold
113
11 %
40 %
1,138
23 %
December Average Days on Market ( Solds )
66
20 %
5 %
-23% -27%
72
-20%
-20%
Asking Price per Square Foot ( based on New Listings )
$ 137
10 %
6 %
19 %
16 %
$ 127
8 %
8 %
December Sold Price per Square Foot
$ 117
-4%
-4%
11 %
8 %
$ 120
11 %
11 %
December Month ' s Supply of Inventory
3.0 -14% -10% -33% -54%
4.7
-28%
-28%
December Sale Price vs List Price Ratio
94.7 % -1.4% -. 7 % 2.2 %
. 9 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Lincoln

Property Sales
160
December Property sales were 113 , up 39.5 % from 81 in
December of 2015 and 10.8 % higher than the 102 sales last
140
Property month . December Sales 2016 sales were at their highest level
160
December Property sales were 113 , up 39.5 % from 81 in
120 compared to December of 2015 and 2014 . December YTD sales
December of 2015 and 10.8 higher than the 102 sales last
140 of 1,138 are running 22.6 % ahead of last year ' s year-to-date sales
100 month . December 2016 sales were at their highest level of 928 .
120 compared to December of 2015 and 2014 . December YTD sales
80
Number of Properties Sold
3 Mo Avg
of 1,138 are running 22.6 % ahead of last year ' s year-to-date sales of 928 .
100
80
60
40
60
20
40
20
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 $ 290,000 , up 54.3 %
Prices
350 from $ 188,000 in December of 2015 and up 4.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 277,510 Median last Sales month Price . in The December Average was Sales $ 290,000 Price in , December up 54.3 % was
330
350 from
$ 297,408 $ 188,000 , up in 39.4 December % from $ of 213,369 2015 and in December up 4.5 % from of 2015 and up
310
$ 277,510 last month . The Average Sales Price in December was
330
0.7 % from $ 295,278 last month . December 2016 ASP was at the
290
$ 297,408 , up 39.4 % from $ 213,369 in December of 2015 and up
310 highest level compared to December of 2015 and 2014 .
270
0.7 % from $ 295,278 last month . December 2016 ASP was at the
290
250 highest level compared to December of 2015 and 2014 .
270
230
250
210
230
190
210
190
170
170
150
150
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
44 63 57 71 64 79 75 77 75 88 67 52 48 48 77 65 79 100 107 89 112 76 46 81 46 38 73 98 101 137 116 111 97 106 102 113
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 339 of , down Properties 4.8 % available from 356 for last sale month as of and down
700
December
7.1 % from was 365339 in , December down 4.8 % of from last 356 year last . December month and 2016 down
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
7.1
Inventory % from 365 was in at December its lowest of level last year compared . December with December 2016 of
600
500
10.0
Inventory
2015 and was 2014 at . its lowest level compared with December of
500
2015 and 2014 .
400
8.0
400
300
6.0
A comparatively lower MSI is more beneficial for sellers while a
300
200
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 3.0
4.0
200 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 3.02015
100
2.0 months was at its lowest level compared with December of 2015
100 and 2014 .
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
498
44
14
63
Agent Name
57
Title Phone Website Other

Community Information | School District

71 64 79 75 77 75
500
500 498
528 500
526 500
551 528
586 526
579 551
540 586
524 579
496 540
88 67
Number of Properties Sold
52 48
15
48 77 65 79 100 107 89
464 524
467 496 469
464 498 467 518 469 509
498 517
518 498
509 469
517
449 417
498
388
469
365 449
385 417
384 388
382 365
397 385
394 384
402 382
425 397
404 394
395 402
367 425 356 404
339 395
112 76 46 81 46
16
38 73 98 101 137 116 111
367 97 356
3 Mo Avg
106
339 102 113
12.0 10.0 8.0
6.0 4.0 2.0 0.0
20 | 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 .