CAR ARCHIVED December 2016 | Page 33

Market Action Report December 2016
Community Information
| School District

County : Charleston

Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Property Sales December Property sales were 25 , down 19.4 % from 31 in December of 2015 and 8.7 % higher than the 23 sales last month . Property December Sales 2016 sales were at a mid level compared to December 60 December of 2015 and Property 2014 . sales December were 25 YTD , down sales 19.4 of % 372 from are 31 running December 10.7 % ahead of 2015 of last and year 8.7 %' s year-to-date higher than the sales 23 sales of 336 last . month .
50
December 2016 sales were at a mid level compared to December of 2015 and 2014 . December YTD sales of 372 are running
40 10.7 % ahead of last year ' s year-to-date sales of 336 .

Charleston

Agent Name
Market Action Report December 2016

Community Information

Phone

| School District

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
$ 1,700,000
0 %
6 %
Average List Price of all Current Listings
$ 2,192,835
1 %
8 %
December Median Sales Price
$ 1,320,000
-21% -9% -18%
-9%
$ 1,482,500
3 %
2 %
December Average Sales Price
$ 1,871,240
6 %
7 %
0 %
10 %
$ 1,759,586
4 %
3 %
Total Properties Currently for Sale ( Inventory )
394
-6%
19 %
December Number of Properties Sold
25
9 %
-19%
372
11 %
December Average Days on Market ( Solds )
127
55 %
-4% -23% -31%
136
-26%
-26%
Asking Price per Square Foot ( based on New Listings )
$ 540
-7%
1 %
-6%
10 %
$ 524
8 %
7 %
December Sold Price per Square Foot
$ 496
-11%
3 %
21 %
12 %
$ 472
7 %
7 %
December Month ' s Supply of Inventory
15.8 -14% -3%
48 %
12 %
15.2
8 %
8 %
December Sale Price vs List Price Ratio
91.2 % -2.7% -1.0% . 9 %
1.1 %
91.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
30
20
Number of Properties Sold
10
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
Prices
J
F M A M J
The Median Sales Price in December was $ 1,320,000 , down
14
2,100
Prices
18.0 % from $ 1,610,000 in December of 2015 and down 21.4 %
The from Median $ 1,680,000 Sales Price last in month December . The was Average $ 1,320,000 Sales Price , down in
2,000
18.0
December % from $ was 1,610,000 $ 1,871,240 in December , up 0.3 % of from 2015 $ and 1,865,081 down 21.4 in
2,100 %
1,900
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
3 Mo Avg
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
from
December $ 1,680,000 of 2015 last and month up . 5.8 The % from Average $ 1,769,457 Sales Price last in month .
2,0001,800
December was 2016 $ 1,871,240 ASP was , up at the 0.3 % highest from $ level 1,865,081 compared in to
December of of 2015 2015 and and up 2014 5.8 %. from $ 1,769,457 last month .
December 2016 ASP was at the highest level compared to
December of 2015 and 2014 .
1,900
1,700
1,800
1,600
1,700
1,500
1,600
1,400
1,500
1,300
1,400
1,200
1,300
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
1,200
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 )
The Total Inventory of Properties available for sale as of
Inventory & MSI
December was 394 , down 6.4 % from 421 last month and up
500
The Total Inventory of Properties available for sale as of
December
19.4 % from was
330 394
in , down
December 6.4 % from
of last 421
year last
. month
December and up
2016
500
400
19.4
Inventory % from 330 was in at December its highest of level last compared year . December with December 2016 of
400
Inventory
2015 and was 2014 at . its highest level compared with December of
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
45.0
40.0
35.0
2015 and 2014 .
300 200
A comparatively lower MSI is more beneficial for sellers while a
200 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2016 while MSI of a 100
higher 15.8 months MSI is better was at for a mid buyers level . The compared December with 2016 December MSI of of 100 15.8 2015 months and 2014 was . at a mid level compared with December of
0
2015 and 2014 .
0 J F M A M J J F 14 M A M J 14
60
50
40
30
20
10
384 17
389 384
10
390 389 393
28 390 412
Title
Website Other
25 393 421
31 412 409
36 421 402
30 409 399
23 402 403
16 399 381
17 10 28 25 31 36 30 23 16 22 9
22
18 20 21 25 29 39 42 33 21 30 25 20 31 13 32 21 24 43 55 33 39 35 29 23 25
403
357 371
9
381
390 389 398 395 392 379 356 365 353 347 330 345
379 347
330 436
345 436
379 450 451 437 438 438 429 421
394
30.0
25.0
20.0
15.0
10.0
5.0
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
F M15A M J
J A S O N D J
F M
16 A M J
J A S O N D
16
J A S O N D J 15
18 357
Number of Properties Sold
20
371 21
390 389
25 398
29 395
39 392
42 379
33 356
21 365
30
353 25 20 31 13 32 436
21 436
24
450 43
451 55
437
3 Mo Avg
438 33
438 39
429 35
421
3 Mo Avg
29
394 23 25
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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 .
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