CAR ARCHIVED January 2017 | Page 26

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

Market Action Report January 2017 County : Union

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
$ 1,395,000
-0%
-7%
Average List Price of all Current Listings
$ 1,498,755
-2%
-8%
January Median Sales Price
$ 1,209,685
5 %
5 %
1 %
$ 1,209,685
5 %
1 %
January Average Sales Price
$ 1,286,562
11 %
-4%
-4%
$ 1,286,562
0 %
-4%
Total Properties Currently for Sale ( Inventory )
49
4 %
4 %
January Number of Properties Sold
6
20 %
6
0 %
January Average Days on Market ( Solds )
116
137 % 40 %
26 %
116
0 %
26 %
Asking Price per Square Foot ( based on New Listings )
$ 325
80 %
30 %
52 %
45 %
$ 325
52 %
45 %
January Sold Price per Square Foot
$ 194
15 %
-8%
-3%
$ 194
0 %
-3%
January Month ' s Supply of Inventory
8.2 -13% -48%
0 %
-40%
8.2
0 %
-40%
January Sale Price vs List Price Ratio
89.3 % -3.6% -3.8%
-5.7%
89.3 %
0 %
-6%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 6 , up from 0 in January of 2016 and 20.0 % higher than the 5 sales last month . January 2017 Property sales were
Sales at their highest level compared to January of 2016 14 January Property sales were 6 , up from 0 in January of 2016 and 2015 . January YTD sales of 6 are running ahead of last and 20.0 % higher than the 5 sales last month . January 2017 12 year ' s year-to-date sales of 0 . sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 6 are running ahead of last 10 year ' s year-to-date sales of 0 . 8 6 4
Number of Properties Sold
2 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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg
The Median Sales Price in January was $ 1,209,685 , up from $ 0
Prices in January of 2016 and up 5.2 % from $ 1,150,000 last month . Median Sales Price and Average Sales Price
2,200
3 Mo Avg
The The Median Average Sales Sales Price Price in January in January was was $ 1,209,685 $ 1,286,562 , up , from up from $ 0 $ 0 in in January of of 2016 2016 and and up up 5.210.9 % from % from $ 1,150,000 $ 1,159,631 last last month month . . 2,2002,000 The January Average 2017 Sales ASP Price was in at January the highest was $ level 1,286,562 compared , up from to January $ 0 in of January 2016 and of 2016 2015 .
and up 10.9 % from $ 1,159,631 last month . 2,0001,800 January 2017 ASP was at the highest level compared to January of 2016 and 2015 . 1,8001,600 1,6001,400 1,4001,200 1,2001,000 1,000
14 12 10 8 6 4 2
46
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Union

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M14A M J
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A S O N D
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50 1 53
5 52
Title Phone

Community Information | School District

46
Website Other
5
F M15A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
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16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
54 6 45
3 47
4
45 1
49
43 1
45 2 46
1 58
0
Number of Properties Sold
63 3 65 58
5 68
0 64
3 61
5
55 53
5 49
4 40
2 47
6
51 1 3 62
55 47
0 74
3 73
4
1 1 5 5 6 3 4 1 1 2 1 0 3 5 0 3 5 5 4 2 6 1 3 0 3 4 6 6
75 12
6
62 70 66
6 63
12 60
5 47
3 Mo Avg
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
17
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 49 , up of 4.3 Properties % from 47 available last month for sale and as up of 4.3 % from
January
47 in January was 49 , of up last 4.3 % year from . January 47 last month 2017 Inventory and up 4.3 was % from at its
80
80
70
60.0
47 highest in January level of compared last year . with January January 2017 of Inventory 2016 and was 2015 at its . highest level compared with January of 2016 and 2015 .
70
60
50
60
50
40
50.0
40.0
40
A comparatively lower MSI is more beneficial for sellers while a
30
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of 8.2 a higher MSI is better for buyers . The January 2017 MSI of 8.2
20 months was at its highest level compared with January of 2016 months was at its highest level compared with January of 2016
10 and 2015 . and 2015 .
0
30
30.0
20
20.0
10
10.0
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 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
48 50 53 52 54
45 47 45 49
43 45 46
63 65 68 64 61
55 53 49
40
51 55
74 73 75 70 66
8 63 49
4 60
6
5 8 4 6 2 5 6
47
3 Mo Avg
2
49 5 6
60.0 50.0 40.0
30.0 20.0 10.0 0.0
26 | 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 .