CAR ARCHIVED January 2017 | Page 16

Gaston Community Information | School District

Gaston 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
$ 1,537,500
8 %
-1%
Average List Price of all Current Listings
$ 1,461,625
2 %
-5%
January Median Sales Price
$ 1,150,000
-27%
-7%
$ 1,150,000
-27%
-7%
January Average Sales Price
$ 1,150,000
-27%
-18%
$ 1,150,000
0 %
-18%
Total Properties Currently for Sale ( Inventory )
8
0 %
100 %
January Number of Properties Sold
1
1
0 %
January Average Days on Market ( Solds )
148
100 %
139 %
148
0 %
139 %
Asking Price per Square Foot ( based on New Listings )
$ 232
0 %
8 %
0 %
-14%
$ 232
0 %
-14%
January Sold Price per Square Foot
$ 152
-33%
-25%
$ 152
0 %
-24%
January Month ' s Supply of Inventory
8.0
0 %
-11%
0 %
0 %
8.0
0 %
0 %
January Sale Price vs List Price Ratio
88.5 %
-6.1%
-4.7%
88.5 %
0 %
-5%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales January Property sales were 1 , up from 0 in January of 2016 and higher than the 0 sales last month . January 2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 1 are running ahead of last year ' s year-to-date sales of 0 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in January was $ 1,150,000 , up from $ 0 in January of 2016 and up from $ 0 last month . The Average Sales Price in January was $ 1,150,000 , up from $ 0 in January of 2016 and up from $ 0 last month . January 2017 ASP was at the highest level compared to January of 2016 and 2015 .
0 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
-1 14 15
16
17 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 3 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 1
1,400 1,200 1,000
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of January was 8 , equal to 8 last month and up 100.0 % from 4 in January of last year . January 2017 Inventory was at its highest level compared with January of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The January 2017 MSI of 8.0 months was at its highest level compared with January of 2016 and 2015 .
12 10 8 6 4 2 0
12
Total Inventory & Month ' s Supply of Inventory ( MSI )
10
12.0
8
10.0
6
8.0
4
6.0
2
4.0
2.0
0
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 N0.0D J
F M14A M J
14
J
A S O N D J
F M15A M J
15
J
A S O N D J
F
M16 A M J
16
J
A S O N D J
17
17
8
8 8
9
8
8
9
8
7
7 7
7
6 6
6
5
6
5
4
4 4 4
3 3
3
4
4 5
3
6 6 5
6
6
4
4
5 4
4
7 7
5
5
7
4
7
5
5
6
4
5
8
7 7 6
9
7
10 10 10 10
7
8
9
10
10
10
8 8
10
8
8
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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