CAR ARCHIVED December 2016 | Página 8

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

County : Cabarrus

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
$ 299,900
3 %
31 %
Average List Price of all Current Listings
$ 323,120
4 %
13 %
December Median Sales Price
$ 198,620
0 %
1 %
6 %
7 %
$ 194,925
5 %
5 %
December Average Sales Price
$ 234,468
6 %
6 %
15 %
14 %
$ 215,050
4 %
4 %
Total Properties Currently for Sale ( Inventory )
518 -13%
-31%
December Number of Properties Sold
294
33 %
8 %
3,359
9 %
December Average Days on Market ( Solds )
46 -22% -10% -18% -29%
55
-15%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 107
3 %
4 %
15 %
11 %
$ 103
7 %
7 %
December Sold Price per Square Foot
$ 99
2 %
1 %
8 %
9 %
$ 96
5 %
5 %
December Month ' s Supply of Inventory
1.8 -34% -23% -36% -53%
2.7
-29%
-29%
December Sale Price vs List Price Ratio
97.2 %
1.0 %
. 9 %
1.6 % 2.3 %
96.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Cabarrus

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
400
December Property sales were 294 , up 7.7 % from 273 in
December of 2015 and 33.0 % higher than the 221 sales last
350
Property month . December Sales 2016 sales were at their highest level
400
December Property sales were 294 , up 7.7 % from 273 in
300 compared to December of 2015 and 2014 . December YTD sales
December of 2015 and 33.0 higher than the 221 sales last
350 of 3,359 are running 8.6 % ahead of last year ' s year-to-date sales
250 month . December 2016 sales were at their highest level of 3,092 .
300 compared to December of 2015 and 2014 . December YTD sales
200
Number of Properties Sold
3 Mo Avg
of 3,359 are running 8.6 % ahead of last year ' s year-to-date sales of 3,092 .
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 $ 198,620 , up 6.2 %
Prices
250 from $ 187,000 in December of 2015 and up 0.1 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 198,500 Median last Sales month Price . in The December Average was Sales $ 198,620 Price in , up December 6.2 % was
240
250 from
$ 234,468 $ 187,000 , up in 15.2 December % from $ of 203,523 2015 and in up December 0.1 % from of 2015 and up
230
$ 198,500 last month . The Average Sales Price in December was
240
6.4 % from $ 220,444 last month . December 2016 ASP was at
220
$ 234,468 , up 15.2 % from $ 203,523 in December of 2015 and up
230 the highest level compared to December of 2015 and 2014 .
210
6.4 % from $ 220,444 last month . December 2016 ASP was at
220
200 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
168 171 183 195 241 276 294 325 236 267 194 249 179 168 225 249 271 344 365 271 285 257 205 273 173 185 284 257 334 340 328 353 310 280 221 294
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 518 of , down Properties 12.8 % available from 594 for last sale month as of and down
1,400
December
30.9 % from was 750 518 , in down December 12.8 % from of last 594 year last . December month and 2016 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
30.9
Inventory % from was 750 at in December its lowest level of 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 1.8
400 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 1.82015
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
1,101 1,132 1,176 1,193 1,222 1,192 1,160 1,121 1,084 1,019 996
906
J 14
168
14
171 183 195 241 276 294 325 236
1,101 1,132 1,176 1,193 1,222 1,192 1,160 1,121 1,084 267 194
J A S O N D J 15
Number of Properties Sold
249 179
15
168 225 249 271 344 365 271
917 903 956 961 970 927 965 960 982 940 873
285 257
1,019
996 906 917 903 956 961 970 927 965 960 982 940 873
J A S O N D J 16
205
750 273 173
16
185 284 257 334 340
750 735 686 723 772 774 787 800 773 758
680
328
594
518 353 310
735 686 723 772 774 787 800 773 758
680
3 Mo Avg
280 221
594 518
294
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
8 | 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 .