CAR ARCHIVED January 2017 | Page 33

Market Action Report January 2017 County : Charleston
Community Information
| School District
Property Sales January Property sales were 27 , up 107.7 % from 13 in January of 2016 and 8.0 % higher than the 25 sales last month . January Property 2017 sales Sales were at their highest level compared to January of 60 January 2016 and Property 2015 . sales January were YTD 27 , up sales 107.7 of % 27 from are running 13 January 107.7 of % 2016 ahead and of 8.0 last % year higher ' s year-to-date than the 25 sales last of 13 month . . January
50
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 27 are running 107.7 %
40 ahead of last year ' s year-to-date sales of 13 .

Charleston

Agent Name

Market Action Report January 2017 County : Charleston

Price Range : $ 1,000,000 and Up | Properties : SFH - Con

Community Information

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| 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
$ 1,714,500
1 %
7 %
Average List Price of all Current Listings
$ 2,189,286
1 %
10 %
January Median Sales Price
$ 1,300,000
-2% -10% -27% -12%
$ 1,300,000
-27%
-12%
January Average Sales Price
$ 1,776,907
-5%
-1%
-7%
1 %
$ 1,776,907
-7%
1 %
Total Properties Currently for Sale ( Inventory )
392
-2%
14 %
January Number of Properties Sold
27
8 %
108 %
27
108 %
January Average Days on Market ( Solds )
125
-2%
7 %
-34%
-7%
125
-34%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 520
-4%
-5%
-2%
0 %
$ 520
-2%
0 %
January Sold Price per Square Foot
$ 452
-9%
-7%
8 %
-4%
$ 452
8 %
-4%
January Month ' s Supply of Inventory
14.5
-9% -11% -45%
-4%
14.5
-45%
-4%
January Sale Price vs List Price Ratio
87.3 % -4.3% -3.9% . 2 %
-3.8%
87.3 %
0 %
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
30
20
60
50
40
30
20
10
388 10
389 28
392 411
25 420
Title
Website Other
31 408
36 401
30
398 402 380
10 28 25 31 36 30 23 16 22 9
Number of Properties Sold
10
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
Prices
F
M A M J
The Median Sales Price in January was $ 1,300,000 , down
14
2,100
Prices
26.6 % from $ 1,770,000 in January of 2016 and down 1.5 % from
The
$ 1,320,000 Median Sales last Price month in . January The Average was $ Sales 1,300,000 Price , down in January was
2,000
26.6
$ 1,776,907 % from $ , 1,770,000 down 6.8 % in from January $ 1,906,923 of 2016 and in January down 1.5 of % 2016 from and
2,1001,900
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F MSales A M J Price
J
A S O N D
J
3 Mo Avg
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 1,320,000 5.0 % last from month $ 1,871,240 . The Average last month Sales . Price January in January 2017 ASP was was
2,0001,800
$ at 1,776,907 the lowest , down level 6.8 compared % from $ 1,906,923 to January in of January 2016 and of 2016 2015 and . down 5.0 % from $ 1,871,240 last month . January 2017 ASP was at the lowest level compared to January of 2016 and 2015 .
1,900
1,700
1,800
1,600
1,700
1,500
1,600
1,400
1,500
1,300
1,400
1,200
1,300
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
1,200
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
Inventory & MSI
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
17
The Total Inventory of Properties available for sale as of
Inventory & MSI
January was 392 , down 1.8 % from 399 last month and up 14.0 %
500
The Total Inventory of Properties available for sale as of
January from 344 was
in 392
January , down
of 1.8
last % from
year . 399
January last month
2017 and
Inventory up 14.0
was %
500 at
400 from its highest 344 in January level compared of last year with . January
January 2017 of 2016
Inventory and 2015 was . at
400 its highest level compared with January of 2016 and 2015 .
300
300
200
A comparatively lower MSI is more beneficial for sellers while a
200
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of a 14.5
100 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of of 14.5 2016
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
months and 2015 was . at its lowest level compared with January of 2016
0
5.0
0.0
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 N0.0D J
F
M14 A M J
J A S O N D J
F M15A M J
J A S O N D J
F
M16 A M J
J A S O N D J
17
14
15
16
17
388 389 392 411 420 408
23 401
16 398
22
18 20 21 25 29 39 42 33 21 30 25 20 31 13 32 21 24 43 55 33 39 35 29 23 25 27
402 356
9 380
370 389
18
356 388
20 370
Number of Properties Sold
397 21
389 394
25
388 397
391 29 378
394 39 355
391 42 364
378 33
352 355
21
346 364 329
30 352
344 25 20 31 13 32 435
21 435
24 449
43
450 55
436 33
436
378 346
329 435
344 435
378 449 450 436 436 436 427 421 399 392
3 Mo Avg
436 39
427 35
421 29
399
3 Mo Avg
23
392 25 27
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Charleston Trident Association of REALTORS , Piedmont Regional Association of REALTORS 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 .
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