CAR ARCHIVED January 2017 | Page 22

Market Action Report January 2017 County : Mecklenburg
Community Information | School District

Market Action Report January 2017 County : Mecklenburg

Agent Name
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
$ 1,596,000
0 %
6 %
Average List Price of all Current Listings
$ 1,887,518
0 %
2 %
January Median Sales Price
$ 1,420,000
7 %
9 %
9 %
10 %
$ 1,420,000
9 %
10 %
January Average Sales Price
$ 1,629,972
12 %
10 %
19 %
12 %
$ 1,629,972
19 %
12 %
Total Properties Currently for Sale ( Inventory )
212
3 %
-7%
January Number of Properties Sold
18 -36%
20 %
18
20 %
January Average Days on Market ( Solds )
103 -36% -2%
26 %
16 %
103
26 %
16 %
Asking Price per Square Foot ( based on New Listings )
$ 319
-2%
-2%
-4%
0 %
$ 319
-4%
0 %
January Sold Price per Square Foot
$ 316
-4%
2 %
16 %
7 %
$ 316
16 %
7 %
January Month ' s Supply of Inventory
11.8
61 %
32 % -22%
8 %
11.8
-22%
8 %
January Sale Price vs List Price Ratio
92.0 % -1.1% -. 8 %
. 3 %
-1.4%
92.0 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Mecklenburg

Property Sales
45
January Property sales were 18 , up 20.0 % from 15 in January of
2016 and 35.7 % lower than the 28 sales last month . January
Property
2017 sales Sales were at their highest level compared to January of
45
January
2016 and Property
2015 . sales January were YTD 18 , up sales
20.0 of % 18 from are running
15 in January
20.0 of %
2016 and 35.7 % lower than the 28 sales last month . January
40 ahead of last year ' s year-to-date sales of 15 .
2017 sales were at their highest level compared to January of
35
2016 and 2015 . January YTD sales of 18 are running 20.0 %
30 ahead of last year ' s year-to-date sales of 15 .
40
35
30
25
20
Number of Properties Sold
3 Mo Avg
25
15
20
10
15
5
10
0
5
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
0
14
15
16
17
F
M A M J
Prices
14
The Median Sales Price in January was $ 1,420,000 , up 9.2 %
Prices
1,800 from $ 1,300,000 in January of 2016 and up 7.0 % from
The
$ 1,327,681 Median Sales last month Price in . The January Average was $ Sales 1,420,000 Price , in up January 9.2 % was
1,8001,700 from
$ 1,629,972 $ 1,300,000 , up 19.0 in January % from of $ 2016 1,369,700 and up in 7.0 January % from of 2016 and
$ up 1,327,681 11.8 % from last month $ 1,457,691 . The Average last month Sales . January Price in January 2017 ASP was was at
1,7001,600
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
$ the 1,629,972 highest , up level 19.0 compared % from $ 1,369,700 to January in of January 2016 and of 2016 2015 and . up 11.8 % from $ 1,457,691 last month . January 2017 ASP was at
1,6001,500
the highest level compared to January of 2016 and 2015 .
1,5001,400
1,100
10 14 18 22 42 33 20 19 21 16 24 14 14 22 22 34 36 28 24 21 21 12 17 15 13 23 25 31 41 37 34 28 19 32 28 18
1,4001,300 1,3001,200 1,2001,100
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 212 , up of Properties 3.4 % from available 205 last for month sale and as of down 6.6 %
350
January from 227 was in 212 January , up 3.4 of % last from year 205 . last January month 2017 and Inventory down 6.6 % was at
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
from a mid 227 level in January compared of last with year January . January of 2016 2017 and Inventory 2015 . was at a mid level compared with January of 2016 and 2015 .
300
250
250
200
25.0
20.0
200
150
15.0
A comparatively lower MSI is more beneficial for sellers while a
150
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of 11.8 a
10.0
100 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of of 11.8 2016
50
5.0 months was at its lowest level compared with January of 2016
50 and 2015 .
0 and 2015 .
0
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 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
14
15
16
17
14
15
16
17
243
10 14
261
243 291
289 261 18
268
Title Phone

Community Information | School District

Website
Other
22 273
42 263
33 243
20 227
19 205
21 176
16
169
190 24 14
176 169 201
Number of Properties Sold
14
234 190
266 22 22
260 234 270
34 36
266 284 260 285
270 28
261 24
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
291
289 268 273 263 243 227 205
201
284 226
285 214
21
261 21 12 17
227
246 226
242 214 227
15 13 23 296
296
246 309
242 304 297
25 309 295
31
304
298 272
41
297
244 37
295 298 205
34 272
212 28
244 19
205
3 Mo Avg
32
212 28 18
30.0 25.0 20.0
15.0 10.0 5.0 0.0
22 | 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 : $ 1,000,000 and Up | 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 .