CAR ARCHIVED June 2016 | Page 28

Community Information | School District
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
$ 197,500
7 %
28 %
Average List Price of all Current Listings
$ 245,242
8 %
28 %
June Median Sales Price
$ 91,200
-37% -30% -15% -26%
$ 128,000
20 %
3 %
June Average Sales Price
$ 127,836
-18% -12% 11 %
-11%
$ 140,871
19 %
-2%
Total Properties Currently for Sale ( Inventory )
115
10 %
-22%
June Number of Properties Sold
18
38 %
20 %
77
12 %
June Average Days on Market ( Solds )
188
66 %
38 %
42 %
62 %
152
11 %
31 %
Asking Price per Square Foot ( based on New Listings )
$ 110
13 %
7 %
29 %
18 %
$ 99
10 %
6 %
June Sold Price per Square Foot
$ 83
-10%
-5%
31 %
12 %
$ 82
22 %
11 %
June Month ' s Supply of Inventory
6.4
-21% -14% -35% -53%
13.9
-1%
2 %
June Sale Price vs List Price Ratio
92.0 %
1.9 % 1.0 % 11.7 %
5.2 %
90.2 %
5 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Yadkin

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Community Information | School District

Property Sales June Property sales were 18 , up 20.0 % from 15 in June of 2015 and 38.5 % higher than the 13 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 77 are running 11.6 % ahead of last year ' s yearto-date sales of 69 .
Prices The Median Sales Price in June was $ 91,200 , down 14.8 % from $ 107,097 in June of 2015 and down 37.1 % from $ 145,000 last month . The Average Sales Price in June was $ 127,836 , up 11.0 % from $ 115,192 in June of 2015 and down 17.8 % from $ 155,538 last month . June 2016 ASP was at a mid range compared to June of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of June was 115 , up 9.5 % from 105 last month and down 21.8 % from 147 in June of last year . June 2016 Inventory was at its lowest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 6.4 months was at its lowest level compared with June of 2015 and 2014 .
20
18
Number of Properties Sold
3 Mo Avg
20
16
18
14
16
12
14
10
12
8
10
6
8
4
6
2
4
2
0
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
0
13
14
15
16
J
A
13
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
14
Median Sales Price
15 and Average Sales Price
16
J
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
17 13 13 14 9 9 13 7 9 10 7 14 6 12 12 19 19 14 9 7 12 11 15 15 8 16 16 14 11 10 3 16 14 13 13 18
250
230
250
210
230
190
210
170
190
170
150
150
130
130
110
110
90
90
70
70
50
50
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
A13S
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
200
50.0
200
50.0
150
150
100
100
40.0
30.0
20.0
40.0
30.0
20.0
50
50
10.0
10.0
162
17 13 13 14 9 9 13 7 9
170
167 162
165 170
168 167
154 165
153 168
146 154
157 153
161 146
169 157
10 161
159
162 7 14 6 12 12
169 159
176 170 162 169
176 157
170 148
169 19
157
151 144
148 151 158
151
158 144
147 151
172 158 158
160
157 145 146 135 134 129
0 0
0.0
J A
J S
A O
S N
O D
N J
D F M
J
A
F M
J
A
J
M
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 O
J
N
A
D
S O J F
N
M
D
A
J M
F
J
M A M J
13 13 14 14
15 15
16 16
19 14 9 7 12 11 15 147
15 172
8 160
16 157
16 145
14
146
116 11
135 10
134 129
103 105
3
116
115 16
103 14
105
3 Mo Avg
13
115 13 18
0.0
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