Market Action Report December 2016
Community Information | School District
Market Action Report December 2016
County : Yadkin
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 |
$ 179,250 |
0 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 229,286 |
1 % |
|
14 % |
|
|
|
|
December Median Sales Price |
$ 80,000 |
-50% -42% -40% -35% |
$ 127,750 |
5 % |
3 % |
December Average Sales Price |
$ 85,300 |
-59% -48% -46% -41% |
$ 145,456 |
1 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
100 |
-5% |
-25% |
December Number of Properties Sold |
9 -31% |
-10% |
168 |
17 % |
December Average Days on Market ( Solds ) |
29 -69% -63% -66% -75% |
113 |
-3% |
-3% |
Asking Price per Square Foot ( based on New Listings ) |
$ 66 |
-20% -22% -13% -29% |
$ 96 |
3 % |
3 % |
December Sold Price per Square Foot |
$ 61 |
-38% -30% -29% -17% |
$ 82 |
11 % |
11 % |
December Month ' s Supply of Inventory |
11.1 |
38 % |
32 % -17% -18% |
10.5 |
-22% |
-22% |
December Sale Price vs List Price Ratio |
102.1 %
12.0 % 8.5 % 12.4 % 16.7 %
|
91.7 % |
5 % |
5 % |
* 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 9 , down 10.0 % from 10 in December of 2015 and 30.8 % lower than the 13 sales last month . Property December Sales 2016 sales were at their lowest level compared to 25 December December
Property of 2015 sales and 2014 were
. 9 , December down 10.0 YTD % from sales 10 in of 168 are December of 2015 and 30.8 % lower than the 13 sales last month . running 16.7 % ahead of last year ' s year-to-date sales of 144 . December 2016 sales were at their lowest level compared to 20 December of 2015 and 2014 . December YTD sales of 168 are running 16.7 % ahead of last year ' s year-to-date sales of 144 .
15
25
20
15
10
Yadkin
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
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 $ 80,000 , down 40.3 % Prices
250 from $ 134,000 in December of 2015 and down 50.0 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 159,900 Median last Sales month Price . in The December Average was Sales $ 80,000 Price in , down December 40.3 % was
230
250 from $ 85,300 $ 134,000 , down in 46.1 December % from of $ 2015 158,350 and in down December 50.0 % from of 2015 and 210 $ 159,900 last month . The Average Sales Price in December was
230 down 58.8 % from $ 206,877 last month . December 2016 ASP 190 $ 85,300 , down 46.1 % from $ 158,350 in of 2015 210 was at the lowest level compared to December of 2015 and 2014 . 170 down 58.8 % from $ 206,877 last month . December 2016 ASP 190
150 was at the lowest level compared to December of 2015 and 2014 . 170
130 150
110 130
90
110 90
70
70 50
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
13 7 9 10 7 14
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 100 of , down Properties 4.8 % available from 105 for last sale month as of and down
200
December
25.4 % from was 134 100 in , down December 4.8 % from of last 105 year last . month December and 2016 down
200
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
50.0 |
|
25.4
Inventory % from was 134 in at December its lowest of level last compared year . December with December 2016 of
Inventory
2015 and was 2014 at . its lowest level compared with December of
|
150
150
|
40.0 |
2015 and 2014 . |
100 |
30.0 |
|
100 |
|
|
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 11.1 higher MSI is better for buyers . The December 2016 MSI of 11.1
50 months was at a mid level compared with December of 2015 and months
2014 . was at a mid level compared with December of 2015 and
2014 .
0
|
20.0
50
10.0
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
|
153 13
14
7 9 10 7 14 6 12 12
146
157 153
161 146
169 157
159 161
162 169
176 159
170 162
169 176
157 170
19 169
148
151 19 14
6 12 12 19 19 14 9 7
9
15
7 12 11 15
12 11 15 15 8
15
172 8 16 16
157
144
148 151
151 158 144 158
151
147 158 172 158 159 147
156 144 145
159
134 156
133 144
128 145
115 134
103 133
105 128
107 115
88 103
101 105
108 107
88 117 105
101 100 108
14 11
16 16 14 11 10 3
10 3
16
16 14 14 13 18 20 12
117 17
16 14 14 13 18 20 12 17 19 13 9
105 19
100 13 9
50.0 40.0
30.0 20.0 10.0 0.0
28 | 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 .