Market Action Report February 2017 County : Catawba
Community Information | School District
Market Action Report February 2017 County : Catawba
Agent Name
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 |
$ 283,478 |
1 % |
|
1 % |
|
|
|
|
Average List Price of all Current Listings |
$ 381,227 |
1 % |
|
4 % |
|
|
|
|
February Median Sales Price |
$ 157,750 |
-21% -16% 14 % |
-13% |
$ 175,000 |
32 % |
-3% |
February Average Sales Price |
$ 195,945 |
-10% -16% |
6 % |
-20% |
$ 206,662 |
11 % |
-15% |
Total Properties Currently for Sale ( Inventory ) |
356 |
6 % |
-6% |
|
|
|
|
February Number of Properties Sold |
34 |
13 % |
-21% |
|
64 |
-16% |
|
February Average Days on Market ( Solds ) |
110 |
38 % |
16 % |
1 % |
24 % |
96 |
-19% |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 122 |
5 % |
5 % |
7 % |
3 % |
$ 119 |
-1% |
0 % |
February Sold Price per Square Foot |
$ 88 |
-16% -11% -4% |
-17% |
$ 96 |
2 % |
-9% |
February Month ' s Supply of Inventory |
10.5 |
-7% |
18 % |
19 % |
67 % |
10.9 |
4 % |
73 % |
February Sale Price vs List Price Ratio |
91.3 % -3.4% -. 2 % -. 5 % -2.5% |
92.8 % |
1 % |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120 February Property sales were 34 , down 20.9 % from 43 in February of 2016 and 13.3 % higher than the 30 sales last month . Property Sales
100
February 2017 sales were at their lowest level compared to 120 February February
Property of 2016 sales and 2015 were
. 34 February , down 20.9
YTD % from sales
43 of 64 in are February of 2016 and 13.3 % higher than the 30 sales last month . 80 running 15.8 % behind last year ' s year-to-date sales of 76 . 100 February 2017 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 64 are
80
60 running 15.8 % behind last year ' s year-to-date sales of 76 .
Catawba
60 40
Title Phone
Community Information | School District
Website
Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40
20
20 0 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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg
The Median Sales Price in February was $ 157,750 , up 14.3 % Prices
300 from $ 138,000 in February of 2016 and down 21.2 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 200,250 Median last Sales month Price . in The February Average was Sales $ 157,750 Price , up in February 14.3 % was
280
300 from $ 195,945 $ 138,000 , up 5.8 in February % from $ of 185,217 2016 and in February down 21.2 of % 2016 from and down 260 $ 200,250 last month . The Average Sales Price in February was
280 10.4 % from $ 218,807 last month . February 2017 ASP was at a 240 $ 195,945 , up 5.8 % from $ 185,217 in February of 2016 and down 260 mid range compared to February of 2016 and 2015 .
220
10.4 % from $ 218,807 last month . February 2017 ASP was at a 240 200 mid range compared to February of 2016 and 2015 . 220
180 200
160 180
140
160 140
120
120 100
100 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
37 43 45 57 55 54 61 57 38 77 41 51 61 62 73 79 72 69 63 66 50 64 33 43 64 77 74 96 93 93 75 56 66 70 30 34
|
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 |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
|
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 356 , of up Properties 5.6 % from available 337 last for month sale as and of down 5.6 %
700
February from 377 was in February 356 , up 5.6 of % last from year 337 . last February month 2017 and down Inventory 5.6 % was
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
16.0 |
|
from at its 377 lowest in February level compared of last year with . February 2017 of 2016 Inventory and 2015 was .
600
14.0
500 at its lowest level compared with February of 2016 and 2015 .
500
12.0
400
10.0
400
300
8.0
A comparatively lower MSI is more beneficial for sellers while a
300
200
6.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a
10.5200 higher MSI is better for buyers . The February 2017 MSI of 10.5
4.0 months was at its highest level compared with February of 2016
100 months was at its highest level compared with February of 2016
100
2.0 and 2015 .
0 and 2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
|
499
37
14
545
541 499
43 45 57 55 54 61
565 545
588 541
578 565
554 588
540 578
535 554 485
57
540
465 38
535 485
77
460 483
41
15
51 61 62 73 79 72 69 63 66 50
465 479
460 486
483 494
479 464
486 468
494 455
464 409
468
422 403
455
398
409
377 422
373 403
408 398
377 462
373 463
457 408
437 462
408 463
388 457
355 437
340 408 337 388
356 355
64 33
16
43 64 77 74 96 93 93 75 56
340 66 337
70 356
30
17
34
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
10 | 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 .