CAR ARCHIVED June 2016 | Page 22

Market Action Report

County: Mecklenburg

Market Action Report

County: Mecklenburg

June 2016

Mecklenburg
Agent Name

Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$350,000
3%
30%

June 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*:
$497,675 Trending
3%
26%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$235,000 4% 5% 7% 15%
$215,000
5%
6%
$350,000 3%
30%
$302,843 7% 6% 8% 15%
$277,858
5%
5%
$497,675 3%
26%
3,502
-3%
-23%
$235,000 4% 5% 7% 15%
$215,000
5%
6%
4% 5%
$302,8432,093
7% 14%
6% 8% -1%
15%
$277,858 9,325
5%
JuneProperties
Average Days
on Market
(Solds)
34 -17% -21%
47 -19%
-11%
Total
Currently
for Sale
(Inventory)
3,502 -3%
-23% -29% -36%
Asking
Price of
per
Square Foot
$138
6%
7%
June
Number
Properties
Sold(based on New Listings)
2,093
14% -2% -1%
-1% 9%
9,325 $1394% 7%
JuneAverage
Sold Price
$133
June
Daysper
onSquare
Market Foot
(Solds)
34
-17% 2%
-21% 2%
-29% 8%
-36% 10%
47 $127
-19% 7% -11% 6%
June Month's
Inventory
2.3
Asking
Price perSupply
Squareof
Foot
(based on New Listings)
$138 1.7
-2% -15%
-1% -12%
9% -22%
6% -42% $139
7% -23% 7% -19%
JuneSold
SalePrice
Priceper
vs Square
List Price
Ratio
1%
June
Foot
$13397.9%
2% .1%
2% .4%
8% 1.1%
10% 1.9% $127 97.1%
7% 1% 6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
June
Month's Supply of Inventory
1.7 -15% -12% -22% -42%
2.3 -23%
-19%
June Sale Price vs List Price Ratio
97.9% .1% .4% 1.1% Number
1.9%
1%Sold 1%
of 97.1%
Properties

Average List Price of all Current Listings
Market Profile & Trends Overview
June Median Sales Price
Median List Price of all Current Listings
June Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
June Median Sales Price
JuneAverage
Number
of Properties
Sold
June
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

Property Sales

2,500
June Property sales were 2,093, down 1.2% from 2,118 in June
of 2015 and 14.1% higher than the 1,835 sales last month. June
Property Sales
2016 sales were at a mid level compared to June of 2015 and 2,5002,000
June Property sales were 2,093, down 1.2% from 2,118 in June
2014. June YTD sales of 9,325 are running 3.5% ahead of last
of 2015 and 14.1% higher than the 1,835 sales last month. June
year's
year-to-date
sales
of 9,006.
2,0001,500
2016
sales
were at a mid
level
compared to June of 2015 and
2014. June YTD sales of 9,325 are running 3.5% ahead of last
year's year-to-date sales of 9,006.
1,5001,000

350
330
310
290
270
250
230
210
190
170
150

2,093

1,835

1,703

3 Mo Avg

953

Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
5.0

.

Copyright
© Coldwell
Banker
| Price
Range:
| Property Types:
Copyright
© Coldwell
| Price
All |AllProperty
-SFH
Con- Con
c oBanker
ldw
e lRange:
lba
n k e rTypes:
h oSFH
me
s com
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc.may
andnot
may
not reflect
all relevant
realactivity.
estate activity.
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
all relevant
real estate
Coldwell Coldwell
Banker Banker
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.

4,553
4,510
4,524
4,413
4,2834,660
3,859 4,510
3,386 4,413
3,332 4,283
3,198 3,859
3,388
3,386
3,521
3,332
3,622
3,198
3,502
3,388

4.0
3.0

3,521
3,622
3,502

5,589
5,724
5,589
5,781

4,888 5,675
4,7805,294
5,017
4,888
5,255
4,780
5,677
5,017
5,777
5,255
5,745
5,677
5,663
5,777
5,515
5,745
5,321
5,663
5,131
5,515
4,758
5,321
4,231
5,131
4,060
4,758
4,092
4,231
4,335
4,060
4,478
4,092
4,553
4,335
4,524
4,478
4,660

6.0

5,000
4,000
4,000
3,000
3,000
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 2,0002,000
higher MSI is better for buyers. The June 2016 MSI of 1.7
higher MSI is better for buyers. The June 2016 MSI of 1.7
months was at its lowest level compared with June of 2015 and1,0001,000
months was at its lowest level compared with June of 2015 and
0
2014.
0
2014.
M JA JM AJ S J OAN S DOJ NF DM JA FM MJ AJ M
J N
A DS O
J A JS AO SN O
D N
J D
F MJ AF M
A JS O
J FN MD AJ MF JM
15
16
13 13
14 14
15
16

22 |

2,093 1,569

1,703 953
1,835 1,172

1,459
1,172 1,147
1,569 1,505

1,505 1,606

1,147 1,727

1,606 2,118
1,459 1,881

1,881 1,591
1,727 1,742

1,015

1,399

1,073

1,365

1,425

1,565

1,742 1,032
2,118 1,508

1,591

1,508

1,032

1,015

1,399

1,660

1,365

1,073

1,425

1,660 1,595
1,565 1,677

1,595 1,222
1,677 1,385

1,205

1,093

1,222 999
1,385 887

887

999

Median Sales Price and Average Sales Price

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 A 13S O 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
13
14
15
16

Inventory & MSI
Inventory
& MSI of Properties available for sale as of June
The Total Inventory
7,000
The
Inventory
of Properties
available
for sale
as down
of June
wasTotal
3,502,
down 3.3%
from 3,622
last month
and
22.6%
7,000
was
3,502,
down
3.3%of
from
month
down 22.6%
from
4,524
in June
last3,622
year. last
June
2016and
Inventory
was at its
6,000
from
4,524
in compared
June of lastwith
year.June
June
6,000
lowest
level
of2016
2015Inventory
and 2014.was at its
5,000
lowest level compared with June of 2015 and 2014.

1,093 1,241
1,205 1,285

1,598

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
13
14
15
16
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
Medi