CAR ARCHIVED December 2016 | Page 22

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

County : Mecklenburg

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
$ 344,500
2 %
24 %
Average List Price of all Current Listings
$ 486,617
2 %
17 %
December Median Sales Price
$ 219,000
-0%
0 %
12 %
8 %
$ 219,000
7 %
8 %
December Average Sales Price
$ 276,548
-3%
-1%
8 %
5 %
$ 280,818
6 %
6 %
Total Properties Currently for Sale ( Inventory )
2,573 -19%
-25%
December Number of Properties Sold
1,557
6 %
3 %
19,495
6 %
December Average Days on Market ( Solds )
46
10 %
10 % -13% -13%
44
-17%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 135
-1%
-2%
8 %
4 %
$ 138
6 %
6 %
December Sold Price per Square Foot
$ 127
-1%
0 %
8 %
6 %
$ 128
7 %
7 %
December Month ' s Supply of Inventory
1.7 -23% -20% -27% -43%
2.2
-23%
-23%
December Sale Price vs List Price Ratio
96.8 %
-. 2 %
-. 2 %
. 8 %
. 7 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
2,500 December Property sales were 1,557 , up 3.4 % from 1,506 in December of 2015 and 6.3 % higher than the 1,465 sales last Property month . December Sales 2016 sales were at their highest level 2,5002,000 December compared Property to December sales were of 2015
1,557 and , up 2014 3.4 %
. from December
1,506 in
YTD sales December of 2015 and 6.3 % higher than the 1,465 sales last of 19,495 are running 6.3 % ahead of last year ' s year-to-date month . December 2016 sales were at their highest level 2,0001,500 sales of 18,337 . compared to December of 2015 and 2014 . December YTD sales of 19,495 are running 6.3 % ahead of last year ' s year-to-date
1,5001,000 sales of 18,337 .

Mecklenburg

Agent Name
Title Phone Website Other

Community Information | School District

1,000 500
Number of Properties Sold
500
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 $ 219,000 , up 12.3 %
Prices from $ 195,000 in December of 2015 and down 0.5 % from 290 Median Sales Price and Average Sales Price
3 Mo Avg
The $ 220,000 Median last Sales month Price . in The December Average was Sales $ 219,000 Price in , up December 12.3 % from was $ 195,000 276,548 in , up December 8.4 % from of 2015 $ 255,212 and down in December 0.5 % from of 2015 and 290
270
$ down 220,000 3.4 last % from month $ 286,270 . The Average last month Sales . Price December in December 2016 ASP was was $ 276,548 , up 8.4 % from $ 255,212 in December of 2015 and 270 250 at the highest level compared to December of 2015 and 2014 . down 3.4 % from $ 286,270 last month . December 2016 ASP was 250 230
at the highest level compared to December of 2015 and 2014 .
230 210
210 190
190 170
170 150
150
999 887 1,222 1,385 1,595 1,677 1,661 1,566 1,425 1,365 1,073 1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,460 1,148 1,506 954 1,177 1,571 1,711 1,842 2,184 1,767 1,964 1,782 1,521 1,465 1,557
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 2,573 of , Properties down 18.7 available % from 3,163 for sale last month of and
7,000
December down 24.6 was % from 2,5733,411 , down in 18.7 December % from 3,163 of last last year month . December and
7,0006,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
down 201624.6 Inventory % from was 3,411 at in its December lowest level of last compared year . December with December
6,0005,000
2016 of 2015 Inventory and 2014 was . at its lowest level compared with December
5,000 of 2015 and 2014 .
4,000
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while a
3,000
2,000
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a
1.72,000 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 1.72015
1,000 months was at its lowest level compared with December of 2015
1,000 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
5.0
4.0
3.0
2.0
1.0
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
4,780
5,017
5,254 4,780
5,676 5,017
J
14
999 887 1,222 1,385 1,595 1,677 1,661 1,566 1,425 1,365
5,776 5,744 5,661 5,514 5,321 5,133
4,761 4,234 4,064
1,073
J A S O N D J 15
Number of Properties Sold
1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,460
4,096 4,339 4,486 4,563 4,536 4,672 4,524 4,428 4,300
3,878 3,411 3,363 3,239
J A S O N D J
16
1,148 1,506 954 1,177 1,571 1,711 1,842 2,184
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
5,254 5,676 5,776 5,744 5,661 5,514 5,321 5,133
4,761 4,234 4,064 4,096 4,339 4,486 4,563 4,536 4,672 4,524 4,428 4,300
3,878 3,411
1,767
3,456 3,629 3,809 3,902 3,945 3,857 3,814 3,586
3,163
2,573 1,964 1,782
3,363 3,239 3,456 3,629 3,809 3,902 3,945 3,857 3,814 3,586
3 Mo Avg
1,521 1,465
3,163 2,573
1,557
6.0 5.0 4.0
3.0 2.0 1.0 0.0
22 | 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 .