CAR ARCHIVED July 2017 | Page 10

Market Action Report
July 2017
County: Lincoln
LINCOLN
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
County: Lincoln Information | School District
Community
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
$1,574,500 11%
Trending versus*:
Prior YTD Prior Year
YTD
12%
versus*:
Trending versus*:
Average List Price of all Current Listings
$1,684,438 Trending
5%
5%
Market Profile & Trends Overview
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
July Median
Sales
Price
$1,285,000
-1%
5% $1,270,000
-2%
3%
Median
List Price
of all
Current Listings
$1,574,500
11%
12%
July
Average
Sales
Price
$1,280,625
0%
-13%
$1,213,929
0%
-17%
Average List Price of all Current Listings
$1,684,438 5%
5%
Total
Properties
for Sale (Inventory)
7%
July
Median
Sales Currently
Price
$1,285,000 16 0%
-1%
5% $1,270,000
-2%
3%
July
Number
of
Properties
Sold
4
7
0% -17%
July Average Sales Price
$1,280,625
0%
-13% $1,213,929
0%
July Properties
Average Days
on Market
(Solds)
16%
-48%
72
0%
-45%
Total
Currently
for Sale
(Inventory)
16 67
0%
7%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$824
243%
136%
294%
177%
$356
39%
19%
July Number of Properties Sold
4
7
0%
July Average
Sold Price
$273
July
Days per
on Square
Market Foot
(Solds)
67
16% 8%
-48% 4%
72 $255 0% 0% -45% -3%
Asking
Price per Supply
Square of Foot
(based on New Listings)
$824 243%
136% 0%
294% 0%
177% -49% $356 11.0
39% 0% 19% 40%
July Month's
Inventory
4.0 0%
July
Sold
Price
per
Square
Foot
$273
8%
4%
$255
0% 0% -3% -1%
July Sale Price vs List Price Ratio
92.4%
-.1%
-.1%
91.4%
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 4.0 0%
July
Month's
Supply 3 Months
of Inventory
0% 0% -49%
11.0
0%
40%
July Sale Price vs List Price Ratio
92.4%
-.1%
-.1%
91.4%
0%
Number of Properties Sold -1%
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Prices
-1
0
0
The Median Sales Price in July was $1,285,000, up from $0 in
Prices
July of 2016 and up from $0 last month. The Average Sales
The Median Sales Price in July was $1,285,000, up from $0 in
2,000
Price in July was $1,280,625, up from $0 in July of 2016 and
July of 2016 and up from $0 last month. The Average Sales
2,000
up from
$0 was
last $1,280,625,
month. July
was
at of
the
highest
Price
in July
up 2017
from ASP
$0 in
July
2016
and level
1,800
compared
of 2016
2015.
up
from $0 to
last July
month.
July and
2017
ASP was at the highest level
1,800
compared to July of 2016 and 2015.
1,600
Median Sales Price and Average Sales Price
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 J
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
Median Sales Price
and Average Sales Price
14
15
16
17
3 Mo Avg
-1
0
1
1
1
1
2
2
2
2
3
3
3
3
4
3 Mo Avg
4
highest level compared to July of 2016 and 2015. July YTD sales
of 7 are running ahead of last year's year-to-date sales of 0.
Number of Properties Sold
4
July Property sales were 4, up from 0 in July of 2016 and
higher than
t he 0 sales last month. July 2017 sales were at their
Property
Sales
5
highest
level sales
compared
July
of 2016
and of 2015.
July
Property
were 4, to up
from
0 in July
2016 July
and YTD sales
4
of 7 are
running
ahead
last year's
sales
0.
higher
than
the 0 sales
last of month.
July year-to-date
2017 sales were
at of
their
5
Property Sales
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 14
O N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
15.0
15.0
5
10
10
comparatively
lower
MSI
is more
beneficial
for sellers
while
A A comparatively
lower
MSI
is more
beneficial
for sellers
while
a a
higher
MSI
is
better
for
buyers.
The
July
2017
MSI
of
4.0
higher MSI is better for buyers. The July 2017 MSI of 4.0
5
months was
was
highest
level
compared
with
of 2016
months
at at
its its
highest
level
compared
with
July July
of 2016
and and
2015.
0
2015.
20.0
20.0
Inventory
& MSI of Properties available for sale as of July
The Total Inventory
The
Inventory
Properties
available
for from
sale as 15 of in July
was Total
16, equal
to 16 of last
month and
up 6.7%
July of 25 25
was
16,
equal
to
16
last
month
and
up
6.7%
from
15 in compared
July of with
last year. July 2017 Inventory was at a mid level
20
last year. July 2017 Inventory was at a mid level compared with
July of 2016 and 2015.
20
July of 2016 and 2015.
15
15
10.0
5.0
0
0.0
J A F M
M J A M
S O J N
D A J M F J M J A M J J
A S A O S N O D N J D F 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 J O A
N D
F M
16
17
14 14
15 15
16
17
Copyright
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
10
| © Coldwell
coldwellbankerluxury.com
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
Brokerage Brokerage
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc. may
and not
may
not reflect
all relevant
real activity.
estate activity.
Banker Residential
does
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
does not not
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
10.0
5.0
0.0