CAR ARCHIVED June 2016 | Page 33

Community Information Phone | School District

Charleston

Agent Name

Community Information Phone | 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
$ 1,649,000
3 %
5 %
Average List Price of all Current Listings
$ 2,035,105
1 %
4 %
June Median Sales Price
$ 1,455,000
4 %
-2%
7 %
0 %
$ 1,500,000
0 %
3 %
June Average Sales Price
$ 1,944,267
26 %
10 %
25 %
14 %
$ 1,789,271
6 %
5 %
Total Properties Currently for Sale ( Inventory )
458
-1%
17 %
June Number of Properties Sold
55
28 %
31 %
188
7 %
June Average Days on Market ( Solds )
151
3 %
7 %
-10% -17%
148
-20%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 544
-3%
4 %
9 %
11 %
$ 517
4 %
6 %
June Sold Price per Square Foot
$ 484
3 %
-1%
14 %
9 %
$ 477
6 %
8 %
June Month ' s Supply of Inventory
8.3
-22% -34% -11% -41%
16.3
13 %
15 %
June Sale Price vs List Price Ratio
89.6 % -1.9% -. 6 % -1.5%
-. 7 %
90.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Title
Website Other
3 Mo Avg
Property Sales
60
June Property sales were 55 , up 31.0 % from 42 in June of 2015
and 27.9 % higher than the 43 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 .
50
June YTD sales of 188 are running 6.8 % ahead of last year ' s yearto-date sales of 176 .
40
60
50
40
30
Number of Properties Sold
3 Mo Avg
30
20
20
10
Prices The Median Sales Price in June was $ 1,455,000 , up 6.7 % from $ 1,363,500 in June of 2015 and up 3.9 % from $ 1,400,000 last month . The Average Sales Price in June was $ 1,944,267 , up 25.5 % from $ 1,549,619 in June of 2015 and up 25.7 % from $ 1,546,743 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of June was 458 , down 0.7 % from 461 last month and up 16.5 % from 393 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 8.3 months was at its lowest level compared with June of 2015 and 2014 .
10
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
2,100
2,000
2,100
Median Sales Price and Average Sales Price
3 Mo Avg
2,000
1,900
1,9001,800
1,8001,700
1,7001,600
1,6001,500
1,5001,400
1,4001,300
1,3001,200
1,200
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 A16M J
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
500
500
45.0
400
40.0
400
35.0
300
300
30.0
25.0
200
200
100
100
20.0
15.0
10.0
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
5.0
0.0
F M A M J
424
J
13
23 25 30 24
408
412 424
412 408
403 412
379 412
384 403
390 379
391 384
394 390
413 391
A S O N D 13
14
J
14
15 17 10 28 25 31 36 30 23 16
23 25 30 24 14 15 17 10 28 25 31 36 30 23 16 22 9
22 9 18 20
18 20 21 25 29 39 42 33 21 30 25 20 31 13 32 21 24 43 55
422 394
410 413 403
422
400 410
404 403
382 400
358 404
372
382 391 358 390 399
372
396 391
393 390
380 399
358 396
367 393
355 380
350 358
333 367
349 355
385 350
333 445 445
461
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 14
15 15
16 16
21 25 29 39 42 33 21 30 25 20 31
349 385
13 458
445 32
445 21
461 24
458 43 55
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 33