CAR ARCHIVED July 2017 | Page 6

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

County : Alexander

Price Range : All | Properties : SFH - Con
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
$ 229,950
-4%
1 %
Average List Price of all Current Listings
$ 275,102
2 %
-5%
July Median Sales Price
$ 150,000
-17% -12% -51%
-6%
$ 152,000
-2%
-5%
July Average Sales Price
$ 199,456
1 %
-7% -36%
-4%
$ 198,582
1 %
-4%
Total Properties Currently for Sale ( Inventory )
62
-3%
-9%
July Number of Properties Sold
9 -40%
50 %
71
31 %
July Average Days on Market ( Solds )
71
0 %
-25% 37 %
-34%
100
-20%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 138
44 %
31 %
39 %
29 %
$ 107
-4%
0 %
July Sold Price per Square Foot
$ 96
2 %
-1% -26%
-1%
$ 95
4 %
-2%
July Month ' s Supply of Inventory
6.9
61 %
12 % -39% -21%
6.2
-38%
-29%
July Sale Price vs List Price Ratio
95.0 % -1.8% . 4 % -2.4% 1.1 %
92.1 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Alexander

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
18
July Property sales were 9 , up 50.0 % from 6 in July of 2016 and
40.0 % lower than the 15 sales last month . July 2017 sales were
Property at their highest Saleslevel compared to July of 2016 and 2015 . July
18
July
YTD Property sales of sales 71 are were running
9 , up 50.0 31.5 % ahead from 6 of in last July year of 2016
' s year-todate sales of 54 . and
40.0 % lower than the 15 sales last month . July 2017 sales were
16 at their highest level compared to July of 2016 and 2015 . July
14
YTD sales of 71 are running 31.5 % ahead of last year ' s year-todate sales of 54 .
12
16
14
12
10
8
Number of Properties Sold
3 Mo Avg
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in July was $ 150,000 , down 51.4 % from
Prices
350
$ 308,500 in July of 2016 and down 16.7 % from $ 180,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was in $ 150,000 July was , down $ 199,456 51.4 %, down from
350
300
$
36.0 308,500 % from in July $ 311,650 of 2016 in and July down of 2016 16.7 and % from up 0.5 $ 180,000 % from last
month
$ 198,370 . The last Average month Sales . July Price 2017 in July ASP was $ at 199,456 the lowest , down level
36.0 compared % from to $ 311,650 July of in 2016 July and of 2016 2015 and . up 0.5 % from
$ 198,370 last month . July 2017 ASP was at the lowest level compared to July of 2016 and 2015 .
300
250
250
200
200
150
150 100 100 50
50
1
1 7
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
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 62 , down Inventory 3.1 % of from Properties 64 last available month and for down sale as 8.8 of % July from 68
120 was in July 62 , down of last 3.1 year % from . July 642017 last month Inventory and down was at 8.8 its % lowest from 68 level
120
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
in compared July of last with year July . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July of 2016 and 2015 .
100
80
100.0
80
60
80.0
60
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial July 2017 for sellers MSI of while 6.9 a
40 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of of 6.92016 and
20 months
2015 . was at its lowest level compared with July of 2016 and
2015 .
0
60.0
40
40.0
20
20.0
0
0.0
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
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
14
15
16
17
14
15
16
17
J
102 97
7
85
89 12 12
74
74 6 5
12 12 6 5 8
8
82 80 80
10 70
11 10
77 79 79 74
10 11 10 17 3 17 3
Number of Properties Sold
13
66
71 12 5 4
54 55 58
6
13 12 5 4 6 3 5 10
3
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
14
15
16
17
102
97
85
89
74
74 82 80 80
70 77 79 79 74 66 71
5 10 6 10
62 66 68 69 68 65 66 62 65 64
54 55 58 62
6 10 14 6
14 6 13
66 68 69 68 65 66
13
13 13 7 7 10
7
62 65 64
52 58 57
7
9
7 10 9 7
62 52 65 64 62
11 11 9
11 15
11 9
9
58 57 62 65 64 62
3 Mo Avg
15 9
J
120.0 100.0 80.0
60.0 40.0 20.0 0.0
6 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charlotte Regional REALTOR Association , Triad MLS , Inc . 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 .