CAR ARCHIVED June 2016 | Page 8
County: Cabarrus
Agent Name
Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$279,950
4%
40%
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*:
$330,439 Trending
3%
26%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$209,145 6% 7% 7% 12%
$192,990
5%
4%
$279,950 4%
40%
$228,438 7% 7% 7% 11%
$210,860
3%
2%
$330,439 3%
26%
752
-1%
-19%
$209,145 6% 7% 7% 12%
$192,990
5%
4%
$228,438 333
7% 0%
7% 7% -3%
11%
$210,860 1,563
3% 9% 2%
JuneProperties
Average Days
on Market
(Solds)
46 -18% -22%
63 -13%
-3%
Total
Currently
for Sale
(Inventory)
752 -1%
-19% -23% -29%
Asking
Price of
per
Square Foot
$105
7%
June
Number
Properties
Sold(based on New Listings)
333
0% -4% 1%
-3% 11% 9%
1,563 $1039% 8%
JuneAverage
Sold Price
3%
June
Daysper
onSquare
Market Foot
(Solds)
46$99
-18% 3%
-22% 4%
-23% 5%
-29% 9%
63 $94
-13% 4% -3%
June Month's
Inventory
3.0
Asking
Price perSupply
Squareof
Foot
(based on New Listings)
$105 2.3
-4% -1%
1% -10%
11% -16%
9% -40% $103
8% -28% 7% -20%
JuneSold
SalePrice
Priceper
vs Square
List Price
Ratio
1%
June
Foot
$9996.3%
3% -.7%
4% -.1%
5% .9%
9% 1.4%
$94 96.1%
4% 2% 3%
* 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
2.3 -1% -10% -16% -40%
3.0 -28%
-20%
June Sale Price vs List Price Ratio
96.3% -.7% -.1% .9% Number
1.4%
2%Sold 1%
of 96.1%
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
250
200
150
283
184
173
274
205
257
285
272
365
343
271
249
225
168
179
249
194
267
236
325
294
276
195
183
171
168
232
204
241
333
332
258
283
184
173
274
205
257
285
272
365
343
271
249
225
168
179
249
194
267
236
325
294
276
241
195
183
171
.
Copyright
© Coldwell Banker
| Price
Range:
| Property Types:
Copyright
© Coldwell
All |AllProperty
-SFH
Con- Con
c o lBanker
d w |ePrice
l lRange:
ban
k e r hTypes:
o mSFH
es
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.
768
759
752
938963
870 958
747
980
732
938
683 870
720747
768
732
759
683
752
720
958968
925
980
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
M JA JM AJ S J OAN S DOJ NF DM JA FM MJ AJ M
J N
A DS O
A JS AO SN O
D N
J D
F MJ AF M
A JS O
J FN MD AJ MF JM A M J
13
14
15
16
14
15
16
1,215
1,259
1,215
1,260
800
600
600
A comparatively lower MSI is more beneficial for sellers while a
400
A comparatively lower MSI is more beneficial for sellers while a
400
higher MSI is better for buyers. The June 2016 MSI of 2.3
higher MSI is better for buyers. The June 2016 MSI of 2.3
months was at its lowest level compared with June of 2015 and 200 200
months was at its lowest level compared with June of 2015 and
0
2014.
0
2014.
J
13
8 |
3 Mo Avg
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,259
1,222
1,1751,260
800
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
The
of Properties
available
sale
as of18.7%
June from 1,400
wasTotal
752,Inventory
down 0.9%
from 759 last
monthfor
and
down
1,400
was
downof0.9%
last2016
month
and down
18.7%
925752,
in June
last from
year.759
June
Inventory
was
at itsfrom
lowest
1,200
925
in compared
June of lastwith
year.June
June
1,200
level
of2016
2015Inventory
and 2014.was at its lowest
1,000
1,000
168
232
250
240
230
220
210
200
190
180
170
160
150
1,1151, 222
1,1011,175
1,132
1,115
1,176
1,101
1,193
1,132
1,222
1,176
1,192
1,193
1,1601,222
1,121
1,192
1,084
1,160
1,019
1,121
996
1,084
906
1,019
917
996
903
906
956
917
959
903
968
925956
963959
Prices
204
260
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
Median Sales Price
13
14
15 and Average Sales Price
16
3 Mo Avg
0
level compared with June of 2015 and 2014.
213
0
50
192
50
220
100
100
The Median Sales Price in June was $209,145, up 6.7% from
Prices
$196,000 in June of 2015 and up 6.2% from $197,000 last
The
Median
Sales
Price Sales
in June
wasin
$209,145,
6.7% fromup 7.1%
month.
The
Average
Price
June wasup$228,438,
250
$196,000 in June of 2015 and up 6.2% from $197,000 last
from $213,362 in June of 2015 and up 6.9% from $213,755 last240
month. The Average Sales Price in June was $228,438, up 7.1%
month. June 2016 ASP was at the highest level compared to 230
from $213,362 in June of 2015 and up 6.9% from $213,755 last
June of 2015 and 2014.
220
month. June 2016 ASP was at the highest level compared to
210
June of 2015 and 2014.
200
190
180
170
160
150
3 Mo Avg
300
260
150
Number of Properties Sold
350
213
200
400
192
June Property sales were 333, down 2.9% from 343 in June of
2015 and 0.3% higher than the 332 sales last month. June 2016
Property Sales
sales were at a mid level compared to June of 2015 and 2014. 400
June Property sales were 333, down 2.9% from 343 in June of
June YTD sales of 1,563 are running 8.9% ahead of last year's
2015 and 0.3% higher than the 332 sales last month. June 2016 350
year-to-date
of 1,435.
sales
were at a sales
mid level
compared to June of 2015 and 2014.
300
June YTD sales of 1,563 are running 8.9% ahead of last year's
year-to-date sales of 1,435.
250
220
Property Sales
333
Market Action Report
Cabarrus
332
County: Cabarrus
June 2016
258
Market Action Report
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0