Market Action Report December 2016
Community Information | School District
Market Action Report December 2016
County : Union
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 |
$ 400,000 |
1 % |
|
18 % |
|
|
|
|
Average List Price of all Current Listings |
$ 496,463 |
1 % |
|
17 % |
|
|
|
|
December Median Sales Price |
$ 287,500 |
11 % |
7 % |
17 % |
22 % |
$ 260,000 |
10 % |
11 % |
December Average Sales Price |
$ 339,693 |
9 % |
5 % |
15 % |
17 % |
$ 320,531 |
10 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
773 -14% |
-18% |
December Number of Properties Sold |
309 |
2 % |
|
4 % |
|
4,083 |
10 % |
|
December Average Days on Market ( Solds ) |
63 |
21 % |
15 % |
-5% |
-7% |
56 |
-18% |
-18% |
Asking Price per Square Foot ( based on New Listings ) |
$ 129 |
11 % |
6 % |
14 % |
13 % |
$ 121 |
6 % |
6 % |
December Sold Price per Square Foot |
$ 115 |
1 % |
0 % |
7 % |
9 % |
$ 113 |
8 % |
8 % |
December Month ' s Supply of Inventory |
2.5 -16% -10% -21% -36% |
3.1 |
-20% |
-20% |
December Sale Price vs List Price Ratio |
96.7 % |
-. 3 % |
-. 2 % |
. 8 % |
1.2 % |
97.0 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales 500
December Property sales were 309 , up 4.4 % from 296 in 450
Number of Properties Sold
3 Mo Avg
December of 2015 and 2.0 % higher than the 303 sales last Property month . December Sales 2016 sales were at their highest level 500 400 December compared Property to December sales were of 2015
309 and , up 2014 4.4 % . from December
296 in
YTD sales 450 350 December of 2015 and 2.0 % higher than the 303 sales last of 4,083 are running 10.0 % ahead of last year ' s year-to-date month . December 2016 sales were at their highest level 400 300 sales of 3,713 . compared to December of 2015 and 2014 . December YTD sales 350 250 of 4,083 are running 10.0 % ahead of last year ' s year-to-date
300 200 sales of 3,713 .
250 150
200 100
150 50 100
0
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
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 $ 287,500 , up 17.4 % Prices
400 from $ 244,950 in December of 2015 and up 10.6 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 259,900 Median last Sales month Price . in The December Average was Sales $ 287,500 Price in , up December 17.4 % was
400 from $ 339,693 $ 244,950 , up in 15.0 December % from $ of 295,359 2015 and in December up 10.6 % from of 2015 and up 350 $ 9.3 259,900 % from last $ 310,815 month . The last Average month . Sales December Price in 2016 December ASP was was at the $ 339,693 , up 15.0 % from $ 295,359 in December of 2015 and up 350 highest level compared to December of 2015 and 2014 .
300
9.3 % from $ 310,815 last month . December 2016 ASP was at the highest level compared to December of 2015 and 2014 .
300 250
250 200
200 150
150
Union
191 184 262 277 282 431 389 406 329 311 238 286 178 203 308 308 365 434 404 358 325 301 233 296 172 203 304 349 428 464 421 395 393 342 303 309
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 773 of , down Properties 14.3 % available from 902 for last sale month as of and down
1,600
December
17.8 % from was 940 773 in , down December 14.3 % from of last 902 year last . December month and 2016 down
1,6001,400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0 |
|
17.8
Inventory % from 940 was in at December its lowest level of last compared year . December with December 2016 of
|
1,4001,200 |
7.0 |
|
Inventory
2015 and was 2014 at . its lowest level compared with December of
|
1,2001,000 |
6.0 |
2015 and 2014 . |
1,000
800
|
5.0 |
|
800
600
A comparatively lower MSI is more beneficial for sellers while a
600
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 2.5
400 higher MSI is better for buyers . The December 2016 MSI of 2.5
400 months was at its lowest level compared with December of 2015
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
|
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
|
1,225 1,248 1,320 1,372 1,416
J
14
191 184
Agent Name
262
Title Phone Website Other
Community Information | School District
277 282 431 389 406 329 311
1,478 1,420 1,418 1,327 1,265 1,183
1,086
238
J A S O N D J 15
Number of Properties Sold
286 178 203 308 308 365 434
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 |
|
|
|
1,225 1,248 1,320 1,372 1,416 1,478 1,420 1,418
1,327
404 358 325
1,265
1,183 1,086 1,084 1,096 1,150 1,217 1,237 1,231 1,259 1,199 1,169 1,124
301
1,084 1,096 1,150 1,217 1,237 1,231 1,259 1,199 1,169 1,124 1,058 940 950 941
J A S O N D J 16
233
1,058
940 296 172 203 304 349 428 464
978 1,025 1,064 1,120 1,137 1,068 1,038 971 902
421
773 395 393
950 941 978 1,025 1,064 1,120 1,137 1,068 1,038 971
3 Mo Avg
342 303
902 773
309
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
26 | 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 .