CAR ARCHIVED July 2016 | Page 8

County: Cabarrus Agent Name Title Phone Agent Name Website TitleOther Phone Trending versus*: Website Month LM L3M PYM LY Other $279,995 2% 30% July 2016 Community Information | School District Price Range: All | Properties: SFH - Con Market Profile & Trends Overview Price Range: AllList | Properties: SFH Median Price of- Con all Current Listings Trending versus*: Prior YTD Prior Year YTD versus*: Trending versus*: $329,314 Trending 2% 24% LM L3M PYM LY YTD Prior YTD Prior Year $209,000 -0% 5% 7% 12% $195,000 4% 5% $279,995 2% 30% $224,076 -2% 4% 2% 9% $212,978 3% 3% $329,314 2% 24% 756 -2% -22% $209,000 -0% 5% 7% 12% $195,000 4% 5% 4% 3% $224,076 310 -2% -9% 4% 2% -15% 9% $212,978 1,881 3% July Properties Average Days on Market (Solds) 45 -2% -12% 60 -12% -8% Total Currently for Sale (Inventory) 756 -2% -22% -15% -31% Asking Priceofper Square Foot $104 8% 7% July Number Properties Sold (based on New Listings) 310 -9% -1% -1% -15% 8% 1,881 $1034% 8% JulyAverage Sold Price 4% July Daysper onSquare MarketFoot (Solds) 45$98 -2% -1% -12% 2% -15% 7% -31% 8% 60 $95 -12% 6% -8% July Month's Inventory 2.9 Asking Price perSupply SquareofFoot (based on New Listings) $104 2.4 -1% 7% -1% 4% 8% -8% 8% -35% $103 8% -26% 7% -22% JulySold SalePrice Priceper vs Square List Price Ratio 2% 4% 1% July Foot $9896.7% -1% .4% 2% -.0% 7% .9% 8% 1.8% $95 96.2% 6% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date July Month's Supply of Inventory 2.4 7% 4% -8% -35% 2.9 -26% -22% July Sale Price vs List Price Ratio 96.7% .4% -.0% .9% Number 1.8% 2%Sold 1% of 96.2% Properties Average List Price of all Current Listings Market Profile & Trends Overview July Median Sales Price Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) July Median Sales Price JulyAverage Number of Properties Sold July Sales Price Month 3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 250 200 150 258 283 184 173 274 205 257 285 272 365 343 271 249 225 168 179 249 194 267 236 325 294 241 195 183 171 168 232 276 310 339 334 258 283 184 173 274 205 257 285 272 365 343 271 249 225 168 179 249 194 267 236 325 294 276 241 195 183 . Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property SFH - Con Copyright © Coldwell | Price Types:Types: c o lBanker d wResidential e l l bBrokerage anke r hRange: o mAlle| sProperty co m SFH - Con Data provided courtesy of Charlotte Regional REALTOR Association, Inc.may andnot may not reflect all relevant realactivity. estate activity. Banker Residential Data is is provided courtesy of Charlotte Regional REALTOR Association, Triad Triad MLS, MLS, Inc. and reflect all relevant real estate Coldwell Coldwell Banker Residential BrokerageBrokerage does warrant or guarantee accuracy of this information. It isresponsibility the responsibility any or buyer ortoseller verify and all information to such consumer’s estate transaction. does notnot warrant or guarantee the the accuracy of this information. It is the of anyofbuyer seller verifytoany andany all information relevant relevant to such consumer’s real estatereal transaction. 766 771 756 964960 959969 926 981 939964 871 959 748 981 733 939 683 871 720748 769 733 766 683 771 720 756 769 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 J AF M M JA JM AJ SJ OA NS DO J NF DM JA FMMJ AJ M J N A DS O D AJ MF JM JA M J J S AO SN O D NJ D F M A JS O J FN M 13 14 15 16 14 15 16 1,259 1,260 1,259 1,222 800 600 600 A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers. The July 2016 MSI of 2.4 higher MSI is better for buyers. The July 2016 MSI of 2.4 months was at its lowest level compared with July of 2015 and 200 200 months was at its lowest level compared with July of 2015 and 0 2014. 0 2014. A 13 8 | 3 Mo Avg Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,1751,260 1,1151,222 800 Median Sales Price and Average Sales Price 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 13O N D J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M 16 A M J J 13 14 15 16 Inventory & MSI Inventory & MSI of Properties available for sale as of July The Total Inventory 1,400 The of from Properties available sale as of21.6% July from wasTotal 756,Inventory down 1.9% 771 last monthfor and down 1,400 was downof1.9% last month and down 964756, in July last from year. 771 July 2016 Inventory was21.6% at itsfrom lowest 1,200 964 in compared July o f lastwith year.July Julyof2016 was at its lowest 1,200 level 2015Inventory and 2014. 1,000 1,000 171 168 250 240 230 220 210 200 190 180 170 160 150 1,1011,175 1,132 1,115 1,176 1,101 1,193 1,132 1,222 1,176 1,192 1,193 1,1601,222 1,1211,192 1,084 1,160 1,019 1,121 996 1,084 906 1,019 917 996 903 906 956 917 960 903 969 926956 Prices 232 220 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 13 14 15 16 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 Median Sales Price and Average Sales Price 13 14 15 16 3 Mo Avg 0 level compared with July of 2015 and 2014. 204 0 50 213 50 192 100 100 The Median Sales Price in July was $209,000, up 7.2% from Prices $195,000 in July of 2015 and down 0.2% from $209,498 last The Median Sales Price Sales in July was in $209,000, 7.2% from month. The Average Price July wasup $224,076, up 2.1%250 $195,000 in July of 2015 and down 0.2% from $209,498 last from $219,533 in July of 2015 and down 1.9% from $228,528 240 month. The Average Sales Price in July was $224,076, up 2.1% last month. July 2016 ASP was at the highest level compared to 230 from $219,533 in July of 2015 and down 1.9% from $228,528 July of 2015 and 2014. last month. July 2016 ASP was at the highest level compared to 220 210 July of 2015 and 2014. 200 190 180 170 160 150 3 Mo Avg 300 220 150 Number of Properties Sold 350 204 200 400 213 July Property sales were 310, down 15.1% from 365 in July of 2015 and 8.6% lower than the 339 sales last month. July 2016 Property Sales sales were at a mid level compared to July of 2015 and 2014. 400 July Property sales were 310, down 15.1% from 365 in July of July YTD sales of 1,881 are running 4.5% ahead of last year's 350 2015 and 8.6% lower than the 339 sales last month. July 2016 year-to-date of 1,800. sales were at a sales mid level compared to July of 2015 and 2014. 300 July YTD sales of 1,881 are running 4.5% ahead of last year's year-to-date sales of 1,800. 250 192 Property Sales 310 Market Action Report Cabarrus 339 County: Cabarrus July 2016 334 Market Action Report 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0