CAR ARCHIVED June 2016 | Page 22

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
$ 1,464,000
-2%
5 %
Average List Price of all Current Listings
$ 1,754,770
-1%
0 %
June Median Sales Price
$ 1,291,100
1 %
0 %
5 %
-1%
$ 1,282,500
1 %
-1%
June Average Sales Price
$ 1,448,270
5 %
1 %
7 %
-1%
$ 1,413,877
-1%
-3%
Total Properties Currently for Sale ( Inventory )
313
-1%
20 %
June Number of Properties Sold
41
32 %
14 %
148
4 %
June Average Days on Market ( Solds )
84
-12%
6 %
-34% -32%
81
-41%
-35%
Asking Price per Square Foot ( based on New Listings )
$ 305
-3%
0 %
-4%
-4%
$ 311
2 %
-2%
June Sold Price per Square Foot
$ 287
3 %
-1%
3 %
-1%
$ 285
-1%
-1%
June Month ' s Supply of Inventory
7.6
-25% -23%
6 %
-35%
12.4
23 %
5 %
June Sale Price vs List Price Ratio
93.7 % -2.2% -. 8 % -4.4%
-. 4 %
94.4 %
-1%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Mecklenburg

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Community Information | School District

3 Mo Avg
Property Sales June Property sales were 41 , up 13.9 % from 36 in June of 2015 and 32.3 % higher than the 31 sales last month . June 2016 sales were at a mid level compared to June of 2015 and 2014 . June YTD sales of 148 are running 4.2 % ahead of last year ' s year-todate sales of 142 .
Prices The Median Sales Price in June was $ 1,291,100 , up 4.8 % from $ 1,231,500 in June of 2015 and up 1.3 % from $ 1,275,000 last month . The Average Sales Price in June was $ 1,448,270 , up 6.8 % from $ 1,356,633 in June of 2015 and up 5.5 % from $ 1,373,330 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 313 , down 1.3 % from 317 last month and up 20.4 % from 260 in June of last year . June 2016 Inventory was at its highest 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 7.6 months was at its highest level compared with June of 2015 and 2014 .
45
40
Number of Properties Sold
3 Mo Avg
45
35
40
30
35
25
30
20
25
15
20
10
15
5
10
0
5
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
Median Sales Price and Average Sales Price
14
15
16
J
3 Mo Avg
1,800
Median Sales Price and Average Sales Price
3 Mo Avg
1,8001,700
1,100
21 20 14 16 19 20 10 10 14 18 22 42 32 20 19 21 16 24 14 14 22 22 34 36 28 24 21 21 11 17 15 13 23 25 31 41
1,7001,600 1,6001,500 1,5001,400 1,4001,300 1,3001,200 1,2001,100
261
21
J 13
20
J
14
A 13
S O N D J 14
263
276 261
272 263 276 235
16
F
14 M A M J
J
A
S O N D
J
F M
15 A M J
J
A
S O N D
J
16
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
218 19
211 20 10
243 218
211 261 10
A S O N D J
14
243 291
289 261
18
268 273
22 263
42 243
32 227
20 205
19 176
21
169 191 176 201 169
266
235 191
260
235 270
285 266
286 260
262 227 215 227
246 227
244 215
F M A M J
350
350 300 30.0
300 250 25.0
250 200
20.0
200 150
15.0 150
100 10.0
100 50
50 5.0
0 0
0.0 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
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 13
14 15
16
272
235
16 24 14
F M A M J J A S O N D J
291
289 268 273 263 243 227
205
14
201 22 22 34 36 28 24 21 21 11 17
227 300 246 317
15
F M A M J J A S O N D J
270 285 286 262
313
244 13 23 25 31 41
F M A M J
300 317 313
30.0 25.0
20.0 15.0 10.0 5.0 0.0
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