CAR ARCHIVED December 2016 | Page 26

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

County : Union

Price Range : $ 1,000,000 and Up | 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
$ 1,399,900
-0%
-4%
Average List Price of all Current Listings
$ 1,564,974
1 %
-7%
December Median Sales Price
$ 1,150,000
-49%
0 %
-28%
0 %
$ 1,192,378
4 %
4 %
December Average Sales Price
$ 1,159,631
-49% -14% -35%
-8%
$ 1,343,312
6 %
6 %
Total Properties Currently for Sale ( Inventory )
47 -22%
18 %
December Number of Properties Sold
5
150 %
67 %
61
65 %
December Average Days on Market ( Solds )
49 -46% -36% 20 %
-47%
89
-4%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 182
-16% -11% -35% -17%
$ 218
0 %
0 %
December Sold Price per Square Foot
$ 168
-53% -21% -27% -12%
$ 201
5 %
5 %
December Month ' s Supply of Inventory
9.4 -69% -43% -30% -50%
13.6
-28%
-28%
December Sale Price vs List Price Ratio
92.6 % -18.3% -1.0% -3.4%
. 7 %
95.3 %
4 %
4 %
* 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 5 , up 66.7 % from 3 in December Property of 2015 and Sales 150.0 % higher than the 2 sales last month . 14
December Property 2016 sales were at 5 , their up 66.7 highest % from level 3 in compared December to of December 2015 and 150.0 of 2015 % higher and 2014 than . December the 2 sales last YTD month sales . of 61 are 12
December running 64.9 2016 % sales ahead were of last at their year highest ' s year-to-date level compared sales of to 37 . December of 2015 and 2014 . December YTD sales of 61 are 10 running 64.9 % ahead of last year ' s year-to-date sales of 37 . 8 6 4
14 12 10 8 6 4 2
Number of Properties Sold
2
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
F14M A M J
J
A S O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
Prices
14
Prices
The Median Sales Price in December was $ 1,150,000 , down
The
28.1 Median % from Sales $ 1,600,000 Price in December in December was of $ 1,150,000 2015 and , down 49.2 %
2,200
28.1 from % from $ 2,262,210 $ 1,600,000 last month in December . The Average of 2015 Sales and down Price 49.2 in %
2,200 from
December $ 2,262,210 was $ last 1,159,631 month ., down The Average 35.0 % Sales from Price $ 1,785,163 in in
2,000
Median
15 Sales Price and Average
16 Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
December was of $ 2015 1,159,631 and down , 48.7 35.0 % from $ 2,262,210 1,785,163 in last month
2,000 .
December of 2016 2015 ASP and down was at 48.7 a mid % from range $ 2,262,210 compared last to December month .
1,800
December of 2015 and 2016 2014 ASP . was at a mid range compared to December
1,800
1,600 of 2015 and 2014 .
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 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
47

Union

6 1 1
46
47 48
46 50 48
Agent Name
Title Phone Website Other

Community Information | School District

5 5 6
53
50 52
54 53 52 45
3
47 4
45 1
47 49 1
43 45 45
2 46
1
Number of Properties Sold
Inventory
Inventory &
& MSI
MSI
The
The Total Total
Inventory Inventory of of Properties
Properties available available for for sale sale as of as of
December
December was was 47 47 , down , down 21.7 21.7 % from % from 60 60 last last month month and and up 17.5 up %
17.580 % from from 40 40 in in December December of of last last year year . December . December 2016 2016 Inventory Inventory
70 was was at at its its highest highest level level compared compared with with December December of 2015 of 2015 and and
60
80
70
60
Total
Total Inventory
Inventory & Month
& Month ' s Supply
' s Supply of Inventory of Inventory ( MSI )
( MSI )
60.0
50.0
2014
2014 . .
50
50
40.0
40
40
30.0
30
A
A comparatively lower MSI MSI is more is more beneficial for sellers for sellers while while a a is for . The 2016 MSI of 9.4
20 higher MSI is better for buyers . The December 2016 MSI of 9.4 months was was at at its its lowest level level compared with with December of 2015 of 2015
10
30
20
10
20.0
10.0
and and 2014 . .
0
0
0.0
J
F JM FA M AJ
MJ AJ
SJ
OA NS DO JN FD MJ
AF MJA
JMA J S JO AN SD OJ
NF
DM AJ
MF MJ
AJ
MA SJ
OJ
NA
DS O N D
14
14
15
15
16
16
54
49
43 58 45
0 63
46 3 65
58 5 0
68 63 64 65
3
61 68
55 5 64
53 5 61 49
4 55 40
2 53 47
6
49 51 1 55 40
3 62 47
0 74 51
3
73 55
6 1 1 5 5 6 3 4 1 1 2 1 0 3 5 0 3 5 5 4 2 6 1 3 0 3 4 6 6
4
75 12
62 70
6
74 73 66
6 75 63
12 60
3 Mo Avg
70 5
66 47
8 63
4
5 8 4 6 2 5
60
3 Mo Avg
6
47 2 5
60.0 50.0
40.0 30.0 20.0 10.0 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 : $ 1,000,000 and Up | 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 .