CAR ARCHIVED December 2016 | Page 31

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

County : Berkeley

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
$ 257,540
1 %
12 %
Average List Price of all Current Listings
$ 370,924
-2%
20 %
December Median Sales Price
$ 225,788
-0%
0 %
5 %
8 %
$ 220,725
6 %
6 %
December Average Sales Price
$ 274,953
-4%
1 %
5 %
7 %
$ 262,734
2 %
2 %
Total Properties Currently for Sale ( Inventory )
783
-5%
-19%
December Number of Properties Sold
332
15 %
11 %
3,819
13 %
December Average Days on Market ( Solds )
52
4 %
4 %
-13% -16%
57
-10%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 119
-7%
-7%
3 %
1 %
$ 125
7 %
6 %
December Sold Price per Square Foot
$ 120
-5%
-2%
5 %
6 %
$ 118
4 %
4 %
December Month ' s Supply of Inventory
2.4 -18% -14% -27% -43%
2.9
-29%
-29%
December Sale Price vs List Price Ratio
98.0 %
-. 5 %
. 1 %
1.3 % 1.0 %
97.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Berkeley

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales 450
December Property sales were 332 , up 10.7 % from 300 in Number of Properties Sold
3 Mo Avg
December of 2015 and 14.9 % higher than the 289 sales last
400 Property month . December Sales 2016 sales were at their highest level 450 350 December compared Property to December sales were of 2015
332 and , up 10.7
2014 % . from December
300 in YTD sales
December of 2015 and 14.9 higher than the 289 sales last
400 300 of 3,819 are running 12.9 % ahead of last year ' s year-to-date sales month . December 2016 sales were at their highest level of 3,384 .
350 250 compared to December of 2015 and 2014 . December YTD sales
300 of 3,819 are running 12.9 % ahead of last year ' s year-to-date sales 200 of 3,384 .
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 $ 225,788 , up 5.0 %
Prices from $ 214,950 in December of 2015 and down 0.4 % from 290 Median Sales Price and Average Sales Price
3 Mo Avg
The $ 226,602 Median last Sales month Price . in The December Average was Sales $ 225,788 Price in , up December 5.0 % was from $ 274,953 $ 214,950 , up in 5.4 December % from $ 260,896 of 2015 and in December down 0.4 % of from 2015 and 290
270
$ down 226,602 3.6 last % from month $ 285,299 . The Average last month Sales . Price December in December 2016 ASP was was $ 274,953 , up 5.4 % from $ 260,896 in December of 2015 and 270 250 at the highest level compared to December of 2015 and 2014 . down 3.6 % from $ 285,299 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
164 170 212 200 264 288 267 257 264 259 242 261 188 222 292 296 284 329 344 303 326 248 252 300 211 236 345 324 357 389 369 342 339 286 289 332
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 783 of , down Properties 5.3 % available from 827 for last sale month as of and down
1,400
December
19.4 % from was 972 783 in , down December 5.3 % from of last 827 year last . month December and 2016 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
19.4
Inventory % from 972 was 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
2015 and 2014 .
1,2001,000
1,000
800
800
600
6.0
5.0
4.0
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
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
1,069 1,110 1,160 1,147 1,116 1,175 1,196 1,235 1,163 1,112 1,131 1,097 1,119 1,106 1,142 1,168 1,186 1,220 1,211 1,146 1,167 1,109 1,045 972 1,003
J
14
164 170 212 200 264 288 267 257 264 259 242
J A S O N D J 15
Number of Properties Sold
261 188 222 292 296 284 329
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
1,069 1,110 1,160 1,147 1,116 1,175 1,196 1,235 1,163
344 303 326
1,112 1,131 1,097 1,119 1,106 1,142 1,168 1,186 1,220 1,211 1,146 1,167 1,109
248
J A S O N D J 16
252
1,045
972 300 211 236 345 324 357 389 369
945 972 943 901 905 897 886 866 871 827 783 342 339
1,003 945 972 943 901 905 897 886 866 871
3 Mo Avg
286 289
827 783
332
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charleston Trident Association of REALTORS , Piedmont Regional Association of REALTORS 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 .
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