CAR ARCHIVED December 2016 | Page 37

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

County : Dorchester

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
$ 274,945
2 %
12 %
Average List Price of all Current Listings
$ 302,965
1 %
13 %
December Median Sales Price
$ 220,000
1 %
1 %
10 %
11 %
$ 212,940
7 %
8 %
December Average Sales Price
$ 232,382
-3%
-1%
7 %
8 %
$ 228,082
5 %
6 %
Total Properties Currently for Sale ( Inventory )
670
-6%
-18%
December Number of Properties Sold
251
27 %
8 %
2,995
12 %
December Average Days on Market ( Solds )
55
15 %
6 %
-25% -19%
58
-13%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 114
0 %
-3%
7 %
8 %
$ 113
7 %
7 %
December Sold Price per Square Foot
$ 110
0 %
0 %
9 %
8 %
$ 107
6 %
6 %
December Month ' s Supply of Inventory
2.7 -26% -14% -24% -39%
3.4
-22%
-22%
December Sale Price vs List Price Ratio
96.4 %
-. 4 %
-. 8 %
. 2 %
-. 3 %
97.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Dorchester

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
400
December Property sales were 251 , up 7.7 % from 233 in
December of 2015 and 26.8 % higher than the 198 sales last
350
Property month . December Sales 2016 sales were at their highest level
400
December Property sales were 251 , up 7.7 % from 233 in
300 compared to December of 2015 and 2014 . December YTD sales
December of 2015 and 26.8 higher than the 198 sales last
350 of 2,995 are running 12.0 % ahead of last year ' s year-to-date
250 month . December 2016 sales were at their highest level sales of 2,674 .
300 compared to December of 2015 and 2014 . December YTD sales
200
Number of Properties Sold
3 Mo Avg
of 2,995 are running 12.0 % ahead of last year ' s year-to-date sales of 2,674 .
250
150
200
100
150
50
100
50
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 $ 220,000 , up 10.1 %
Prices
250 from $ 199,900 in December of 2015 and up 0.6 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 218,708 Median last Sales month Price . in The December Average was Sales $ 220,000 Price in , up December 10.1 % was
240
250 from
$ 232,382 $ 199,900 , up in 7.5 December % from $ 216,241 of 2015 in and December up 0.6 % from of 2015 and
230
$ 218,708 last month . The Average Sales Price in December was
240 down 2.6 % from $ 238,652 last month . December 2016 ASP was
220
$ 232,382 , up 7.5 % from $ 216,241 in of 2015 and
230 at the highest level compared to December of 2015 and 2014 .
210 down 2.6 % from $ 238,652 last month . December 2016 ASP was
220
200 at the highest level compared to December of 2015 and 2014 .
210
190
200
180
190
170
180
170
160
160
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
122 125 158 205 210 255 256 232 227 214 169 184 135 153 247 225 231 273 282 260 257 216 162 233 153 153 219 252 287 326 270 356 279 251 198 251
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 670 of , down Properties 6.4 % available from 716 for last sale month as of and down
1,200
December
18.2 % from was 819 670 in , down December 6.4 % from of last 716 year last . month December and down 2016
1,200
1,000
18.2
Inventory % from 819 was in at December its lowest of level last compared year . December with December 2016 of
1,000
Inventory
2015 and was 2014 at . its lowest level compared with December of
800
2015 and 2014 .
800
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
600
A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 2.7
400 higher MSI is better for buyers . The December 2016 MSI of 2.7
200 months was at its lowest level compared with December of
2015200 months and 2014 was
. at its lowest level compared with December of 2015
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
851
841 913 945 964 918 938 939 916 908 914 894 904 928 939 976 981 974 979 923 952 883 843 819 803 811
J 14
122
14
125 158 205 210 255 256 232 227
851
841 913 945 964 918 938 939 916 214 169
J A S O N D J 15
Number of Properties Sold
184 135
15
153 247 225 231 273 282 260 257 216
908 914 894 904 928 939 976 981 974 979 923 952 883 843
J A S O N D J 16
162
819 233 153
16
153 219 252 287 326 270
818 839 843 820 811 829 809 766 716 670 356 279
803 811 818 839 843 820 811 829 809 766
3 Mo Avg
251 198
716 670
251
8.0 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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