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