CAR ARCHIVED December 2016 | Page 31

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

County : Berkeley

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
$ 1,412,000
-3%
1 %
Average List Price of all Current Listings
$ 1,640,790
-5%
5 %
December Median Sales Price
$ 1,378,595
4 %
6 %
3 %
6 %
$ 1,292,732
0 %
0 %
December Average Sales Price
$ 1,365,190
-12% -2% -13%
-6%
$ 1,401,505
-4%
-3%
Total Properties Currently for Sale ( Inventory )
52
-9%
33 %
December Number of Properties Sold
7
17 %
40 %
63
9 %
December Average Days on Market ( Solds )
103
32 %
39 % 296 %
-8%
101
-8%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 283
-48% -32% -25% -18%
$ 370
8 %
8 %
December Sold Price per Square Foot
$ 321
-4%
-2% -19%
2 %
$ 330
4 %
5 %
December Month ' s Supply of Inventory
7.4 -22% -29% -5%
-52%
10.4
-33%
-33%
December Sale Price vs List Price Ratio
94.4 % 4.0 % -1.7% -3.7% -1.7%
93.9 %
-3%
-2%
* 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 7 , up 40.0 % from 5 in December
of 2015 and 16.7 % higher than the 6 sales last month . December Property 2016 sales Sales were at their highest level compared to December of 9
December 2015 and Property 2014 . December sales were YTD 7 , up sales 40.0 of % 63 from are 5 running December 8.6 % of 2015 and 16.7 % higher than the 6 last month . December
8 ahead of last year ' s year-to-date sales of 58 . 2016 sales were at their highest level compared to December of 7
2015 and 2014 . December YTD sales of 63 are running 8.6 % 6 ahead of last year ' s year-to-date sales of 58 . 5

Berkeley

Agent Name
Title Phone Website Other

Community Information | School District

9 8 7 6 5 4 3
Number of Properties Sold
4
2
3
1
2
0
1
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
Prices
J
F M A M J
The Median Sales Price in December was $ 1,378,595 , up 2.7 %
14
2,000
Prices from $ 1,342,182 in December of 2015 and up 3.7 % from
The
$ 1,330,000 Median Sales last Price month in . December The Average was Sales $ 1,378,595 Price , in up December
1,900 2.7 %
2,000 from was $ 1,342,182 1,365,190 in , down December 12.8 % of from 2015 $ and 1,565,803 up 3.7 % in from December of
1,800
$
2015 1,330,000 and down last month 12.5 %. from The Average $ 1,560,083 Sales last Price month in December . December
1,9001,700 was
2016 $ 1,365,190 ASP was , down at the 12.8 lowest % from level $ compared 1,565,803 in to December of of 2015
1,8001,600
J
A
S
OMedian N D
J
F Sales M A MPrice J J Aand
S OAverage N D
J
F Sales M A MPrice J
J
A
15
16
Median Sales Price and Average Sales Price
S O N D
3 Mo Avg
3 Mo Avg
2015 and and 2014 down . 12.5 % from $ 1,560,083 last month . December
1,7001,500
2016 ASP was at the lowest level compared to December of 2015
1,6001,400
and 2014 .
1,500
1,300
1,400
1,200
1,300
1,100
1,200
1,000
1,100
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
1,000
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
Inventory & MSI
14
15
16
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 52 , of down Properties 8.8 % from available 57 last for month sale as and of up 33.3 %
December from 39 in was December 52 , down of 8.8 last % from year . 57 December last month 2016 and up Inventory 33.3 %
70 from was 39 at its in December highest level of last compared year . December with December 2016 Inventory of 2015 and
60 was
2014 at . its highest level compared with December of 2015 and
50
2014 .
40
A comparatively lower MSI is more beneficial for sellers while a
30
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a
7.420 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of of 7.42015 months was at its lowest level compared with December of 2015
10 and 2014 .
70
60
50
40
30
20
10
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
50.0
40.0
30.0
20.0
10.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
and 2014 .
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 O0.0N D
J
F14 M A M J
J
A S O N D J
F M15A M J
J
A S O N D J
F M
16 A M J
J
A S O N D
14
15
16
30 2
35
3 46
44 35
30
2 44 49 2 4 49
4 51
3 51
51 46 51 52 53
5 52 49
2 53 47
2 49
45 45
5
47 45
45 52
48 6
Number of Properties Sold
50 5 1
48 50
8
50 50
52 4
50 6
53 52
50 7 53
8
47 46
52 43
5 47 39
4 46 44
1 43
37 4 5
39 48 48
3 4 5 6
48 48 51
57 50
58 52
57 52
44 51 50 52 52
37
6 5
3 Mo Avg
3 57 52
7 58
7
2 3 2 2 4 4 3 5 2 2 5 6 5 1 8 4 6 7 8 5 4 1 4 5 3 4 5 6 6 5 3 7 7 4 6 7
57
3 Mo Avg
4
52 6 7
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 31