CAR ARCHIVED July 2016 | Page 28

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
$ 179,900
-13%
8 %
Average List Price of all Current Listings
$ 247,211
-2%
29 %
July Median Sales Price
$ 115,250
26 %
-9%
-6%
-7%
$ 125,000
17 %
1 %
July Average Sales Price
$ 121,470
-5%
-11%
2 %
-16%
$ 136,871
16 %
-5%
Total Properties Currently for Sale ( Inventory )
93
-12%
-46%
July Number of Properties Sold
20
11 %
150 %
97
26 %
July Average Days on Market ( Solds )
85
-55% -34% -10% -27%
138
5 %
19 %
Asking Price per Square Foot ( based on New Listings )
$ 97
-10%
-5%
-8%
4 %
$ 98
4 %
5 %
July Sold Price per Square Foot
$ 73
-12% -11%
-2%
-2%
$ 80
18 %
8 %
July Month ' s Supply of Inventory
4.7
-21% -25% -78% -66%
12.4
-18%
-8%
July Sale Price vs List Price Ratio
89.0 % -3.3% -2.1% 7.4 %
1.7 %
90.0 %
5 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Yadkin

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Community Information | School District

3 Mo Avg
Property Sales July Property sales were 20 , up 150.0 % from 8 in July of 2015 and 11.1 % higher than the 18 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 97 are running 26.0 % ahead of last year ' s yearto-date sales of 77 .
25
20
15
25
20
15
10
Number of Properties Sold
3 Mo Avg
10
5
Prices The Median Sales Price in July was $ 115,250 , down 5.7 % from $ 122,250 in July of 2015 and up 26.4 % from $ 91,200 last month . The Average Sales Price in July was $ 121,470 , up 1.8 % from $ 119,346 in July of 2015 and down 5.0 % from $ 127,836 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
5
0
250 230 210 190 170 150 130 110 90 70 50
0
A 13
250 230 210 190 170 150 130 110 90 70 50
A 13
13
A
13 14 9
13 13 14 9 9 13
9
13
S
O N D
J
14
13
S O N D J
7 9
7 10
9 7
10
14 7 14 6 12 12 19 19
14
F M A M
J
J
A
S
O N D
J
15
Median Sales Price and Average Sales Price
14
6 12 12 19 19 14 9 7
9
12 11 15 15 8
15
F M A M
J
J
A
S
O N D
J
16
16 16 14 11 10 3 16 14 13 13 18 20
3 Mo Avg
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
S13O N D
J 14
F
14 M A M J
J
A
S
O N D
J 15
F M15A M J
J
A
S
O N D
J 16
F M
16 A M J
J
7 12 11 15
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
16
F M A M
J
J
15 8 16 16 14 11 10 3 16 14 13 13 18 20
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 93 , down 12.3 % from 106 last month and down 45.9 % from 172 in July of last year . July 2016 Inventory was at its lowest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 4.7 months was at its lowest level compared with July of 2015 and 2014 .
200
200 150
150
170
Total Inventory & Month ' s Supply of Inventory ( MSI )
167
165 170
168 167
154 165
153 168
146 154
157 153
161 146
169 157
159 161
162 169
159 176 170
162 169
176 157
170 148
169 151
157
144 148
151 151 158 158
144 147
151
172 158
159 158
156 147
144 172
145 159
134 156
133 144
128 145
100
30.0
100
20.0
50
50
10.0
0
0
0.0
A
S
A O
S N
O D
N
J
D
F M
J
A
F M
J
A M
J
A
J
S
J O
A
N
S D
O
J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
A N D
S O
J
F
N
M
D
A
J
M
F
J
M
J
A M J
13
13
14
14
15
15
16
16
J
134 133 128
115
115 102 104 106 93
102
50.0
40.0
104 106 93
50.0 40.0 30.0 20.0 10.0 0.0
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