CAR ARCHIVED July 2017 | Page 14

Market Action Report
July 2017
County: Union
UNION
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: Union Information | School District
Community
-0%
-7%
Trending versus*:
Trending versus*:
Average List Price of all Current Listings
$1,488,965
1%
-4%
Market Profile & Trends Overview
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
July Median
Sales
Price
$1,080,000
2%
3%
Median
List Price
of all
Current Listings
$1,297,000
-0% -15% -15%
-7% -9% -9% $1,225,000
July
Average
Sales
Price
$1,080,000
-15%
-18%
-25%
-19%
$1,279,321
-7%
-4%
Average List Price of all Current Listings
$1,488,965 1%
-4%
Total
Properties
for Sale (Inventory)
72 7%
July
Median
Sales Currently
Price
$1,080,000 -15%
-15% -9% -4%
-9% $1,225,000
2%
3%
July Average
Number
of Properties
Sold
3 -67%
45
July
Sales
Price
$1,080,000 -15%
-18% -25% -40%
-19% $1,279,321
-7% 25% -4%
July Properties
Average Days
on Market
(Solds)
80 -24%
-13%
Total
Currently
for Sale
(Inventory)
72 48
7% 30% -21%
-4% -39% -48%
Asking
Price of per
Square Foot
$437
11%
July
Number
Properties
Sold (based on New Listings)
3 -67% 121% 71%
-40% 65% 96%
45 $248
25% 13%
July
Days per
on Square
Market Foot
(Solds)
48
30% -16%
-21% -14%
-39% -12%
-48% -22%
80 $189
-24% -3% -13% -6%
July Average
Sold Price
$156
Asking
Price per Supply
Square of Foot
(based on New Listings)
$437 24.0
121% 222%
71% 86%
65% 60%
96% 77% $248 10.7
13% -14% 11% -21%
July Month's
Inventory
July
Sold
Price
per
Square
Foot
$156
-16%
-14%
-12%
-22%
$189
-3 % -3% -6% -1%
July Sale Price vs List Price Ratio
96.4% 2.3% 2.9% 4.9% 1.8%
93.3%
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 24.0 222% 86% 60% 77%
July
Month's
Supply 3 Months
of Inventory
10.7 -14%
-21%
July Sale Price vs List Price Ratio
96.4% 2.3% 2.9% 4.9% Number
1.8%
93.3%
-3%
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
3
3 Mo Avg
6
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
14
15
16
17
Median Sales Price
and Average Sales Price
Prices
The Median Sales Price in July was $1,080,000, down 9.4%
Prices
from
$1,192,378
in July
of 2016
and down 15.3%
2,200
The
Median
Sales Price
in July
was $1,080,000,
down from
9.4%
$1,275,000
last in month.
The Average
Sales
Price
in July was
from
$1,192,378
July of 2016
and down
15.3%
from
2,200
$1,080,000,
24.7%
$1,434,076
in in
July
of was
2016 and
2,000
$1,275,000
last down
month.
The from
Average
Sales Price
July
down 15.3% down
from 24.7%
$1,275,622
last month. in July
ASP
was at 2,000
$1,080,000,
from $1,434,076
July 2017
of 2016
and
1,800
the lowest level compared to July of 2016 and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,600
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)
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
14
| © 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.
60.0
50.0
60.0
80
70
60
50
40
30
20
10
0
J A F M
M J A M
S O J N
D A J M F J M J A
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
Inventory & MSI
Inventory
& MSI of Properties available for sale as of July
The Total Inventory
The Total Inventory of Properties available for sale as of July
was 72, up 7.5% from 67 last month and down 4.0% from 75 in 80
was 72, up 7.5% from 67 last month and down 4.0% from 75 in
July of last year. July 2017 Inventory was at a mid level
70
July of last year. July 2017 Inventory was at a mid level
compared with July of 2016 and 2015.
compared with July of 2016 and 2015.
60
50
40
30
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
20
higher MSI
MSI
better
buyers.
July
2017
of 24.0
higher
is is
better
for for
buyers.
The The
July
2017
MSI MSI
of 24.0
months was
was
highest
level
compared
with
of 2016
months
at at
its its
highest
level
compared
with
July July
of 2016
and and 10
2015.
0
2015.
down 15.3% from $1,275,622 last month. July 2017 ASP was at
the lowest level compared to July of 2016 and 2015.
0
0
2 2
4 4
6
Number of Properties Sold
14
July Property sales were 3, down 40.0% from 5 in July of 2016
and 66.7% Sales
lower than the 9 sales last month. July 2017 sales
Property
14 12
were
at their sales
lowest
level
compared
July 5 of in 2016
2015.
July
Property
were
3, down
40.0% to from
July and
of 2016
July
YTD lower
sales than
of 45 the
are 9 running
ahead
last sales
year's year-
and
66.7%
sales last 25.0%
month.
July of
2017
12 10
to-date
sales
of 36. level compared to July of 2016 and 2015.
were
at their
lowest
July YTD sales of 45 are running 25.0% ahead of last year's year- 10 8
to-date sales of 36.
8 6
Property Sales
$1,297,000
Trending versus*:
Prior YTD Prior Year
YTD
Market Profile & Trends Overview
Price Range: $1,000,000 and Up | Properties: SFH - Con
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
40.0
50.0
40.0
30.0 30.0
20.0 20.0
10.0 10.0
0.0
M J J
0.0