CAR ARCHIVED January 2017 | Page 8

Cabarrus Community Information | School District

Cabarrus 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
$ 1,440,000
-4%
-41%
Average List Price of all Current Listings
$ 1,575,667
-4%
-36%
January Median Sales Price
$ 0
-100%
-100%
$ 2,450,000
0 %
66 %
January Average Sales Price
$ 0
0 %
-100%
$ 0
0 %
-100%
Total Properties Currently for Sale ( Inventory )
12
9 %
9 %
January Number of Properties Sold
0
0
0 %
January Average Days on Market ( Solds )
0
0 %
-100%
0
0 %
-100%
Asking Price per Square Foot ( based on New Listings )
$ 296
-17% -2%
-7%
-3%
$ 296
-7%
-3%
January Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
0 %
-100%
January Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
0.0
0 %
-100%
January Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
0.0 %
0 %
-100%
* 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 0 , 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 0 are running ahead of last year ' s year-to-date sales of 0 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in January was $ 0 , up from $ 0 in January of 2016 and up from $ 0 last month . The Average Sales Price in January was $ 0 , 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
0 14 15
16
17 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,500 1,450 1,400 1,350 1,300 1,250 1,200 1,150 1,100 1,050 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
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0
Inventory & MSI The Total Inventory of Properties available for sale as of January was 12 , up 9.1 % from 11 last month and up 9.1 % from 11 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 0.0 months was at its highest level compared with January of 2016 and 2015 .
18 16 14 12 10 8 6 4 2 0
18 16 14 12 10 8 6 4 2 0
12 12 12
12
14 12 12
16 14
Total Inventory & Month ' s Supply of Inventory ( MSI )
13 16 12
13
13 12 11
13
12 11
12
11 11
11
10 10
10 10 12
12 10 12
11 10
12 14 12
13 12 12
11
14 12
14 12
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 M14A M J J A S O N D J F M15A M J J A S O N D J
14 15
16
11
11
12
14 13
16 14
11
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
F M A M J
J
A S O N0.0D J
17 17
16 17
14 16 16
17 14
16 12
16 9
14 11
12 12
F
M16 A M J
J
A S O N D J
17
9 11
12
17
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
8 | c o l d w e l l b a n k e r h o m e s . c o m