CAR ARCHIVED December 2016 | Page 8

Cabarrus Community Information | School District

Cabarrus Community Information | 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
$ 1,500,000
1 %
-35%
Average List Price of all Current Listings
$ 1,633,545
2 %
-31%
December Median Sales Price
$ 0
-100%
-100%
$ 1,475,000
38 %
38 %
December Average Sales Price
$ 0
0 %
-100%
$ 1,475,000
38 %
38 %
Total Properties Currently for Sale ( Inventory )
11
22 %
-8%
December Number of Properties Sold
0
1
-50%
December Average Days on Market ( Solds )
0
0 %
-100%
116
-80%
-80%
Asking Price per Square Foot ( based on New Listings )
$ 356
0 %
33 %
0 %
-29%
$ 307
-41%
-39%
December Sold Price per Square Foot
$ 0
0 %
-100%
$ 233
-24%
-24%
December Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
14.0
27 %
27 %
December Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
95.2 %
18 %
18 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 0 , up from 0 in December of 2015 and higher than the 0 sales last month . December 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales of 1 are running 50.0 % behind last year ' s year-to-date sales of 2 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in December was $ 0 , up from $ 0 in December of 2015 and up from $ 0 last month . The Average Sales Price in December was $ 0 , up from $ 0 in December of 2015 and up from $ 0 last month . December 2016 ASP was at the highest level compared to December of 2015 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 O N D
0 14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,500 1,450 1,400 1,350 1,300 1,250 1,200 1,150 1,100 1,050 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
14
15
16
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0
Inventory & MSI The Total Inventory of Properties available for sale as of December was 11 , up 22.2 % from 9 last month and down 8.3 % from 12 in December of last year . December 2016 Inventory was at its lowest level compared with December of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2016 MSI of 0.0 months was at its highest level compared with December of 2015 and 2014 .
18 16 14 12 10 8 6 4 2 0
18 16 14 12 10
13
8 6 4 2 0 J 14
13
12 12 12
14
Total Inventory & Month ' s Supply of Inventory ( MSI )
16 14
12 12 12 13
16
12 13
13 12 11
13
12 11
12
11 11
11 11
10
10 11 10 10
10 12 11 12
12
10 14
12 12 13 12 12 12 13
14 14
11
16
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
F M A M J
J
A S O N D
17
17 16 16
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 M J J A S O N D
14
15 15
16 16
14
12 12
11 14 14
16 17 17 14
16 12
16
9 14 11
12
9
11
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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