CAR ARCHIVED June 2016 | Page 8

Market Action Report

June 2016

Cabarrus

Agent Name
County:
Cabarrus
Market Action Report
Title
Phone
Agent
Name| School District
County: Cabarrus Community Information
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other

Price Range: $1,000,000 and Up | Properties: SFH - Con

Market Profile & Trends Overview
Price Range: $1,000,000 and Up | Properties: SFH - Con
Median List Price of all Current Listings

June 2016

Trending versus*:
Prior YTD Prior Year

YTD

$1,487,500 0%
-27%
Trending versus*:
Trending versus*:
$1,860,611
0%
Month
LM L3M PYM -15%
LY
YTD
Prior YTD Prior Year
-100%
-100% $1,475,000
31%
38%
$1,487,500 $0
0%
-27%
$0
0%
-100%
$1,475,000
31%
38%
$1,860,611 0%
-15%
38%
$0 18 0%
-100%
-100% $1,475,000
31%
38%
June
Sales
Price
$0
-100% $1,475,000
31%
JuneAverage
Number
of Properties
Sold
0 0%
1
0% 38%
Total
Currently
for Sale
(Inventory)
18 0%
38%
JuneProperties
Average Days
on Market
(Solds)
0
0%
-100%
116 -88%
-80%
June
Number
of
Properties
Sold
0
1
0%
Asking Price per Square Foot (based on New Listings)
$0 -100% -100% -100% -100%
$320
-21%
-36%
June
Daysper
onSquare
Market Foot
(Solds)
0 $0
0% 0% -100%-100%
116 $233
-88% -50%-80% -24%
JuneAverage
Sold Price
Asking
Price perSupply
Squareof
Foot
(based on New Listings)
$0 -100%
-100% 0%
-100% -100%
-21% 27%-36% 22%
June Month's
Inventory
0.0 0%
0% -100% $320 14.0
June
Sold
Price
per
Square
Foot
$0
0%
-100%
$233
-50% 18%-24% 18%
June Sale Price vs List Price Ratio
0.0%
.0%
-100.0%
95.2%
June
Month's
Supply
of Inventory
0% 0% -100%
14.0
27%
22%
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 0.0 0%
June Sale Price vs List Price Ratio
0.0%
.0%
-100.0%
95.2%
18%
18%
Number of Properties Sold
AverageProfile
List Price
of all Current
Listings
Market
& Trends
Overview
June
Median
Sales
Price
Median List Price of all Current Listings
June Average
Sales
Price
Average
List Price
of all
Current Listings
TotalMedian
Properties
for Sale (Inventory)
June
SalesCurrently
Price

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

0

0

0

0

0

1

0

0

1

0

0

0

0

0

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

0

0

0

1

0

0

0

0

0

1

0

0

1

0

0

0

0

0

1

0

0

0

0

0

0

0

0

0

0

0

0

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
13
14
15
16
J0 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
Median Sales Price and Average Sales Price
1

0

1

0

0

3 Mo Avg

1

0

0

Number of Properties Sold

1

0

1

1

1

June Property sales were 0, up from 0 in June of 2015 and
higher than
the 0 sales last month. June 2016 sales were at 1
Property
Sales
theirProperty
highest sales
level were
compared
June
ofJune
2015ofand
2014.
June
0, up to
from
0 in
2015
and June
higher
than of
the1 0are
sales
last month.
2016
sales
were at
YTD sales
running
equalJune
to last
year's
year-to-date
sales
1
their
of 1.highest level compared to June of 2015 and 2014. June
YTD sales of 1 are running equal to last year's year-to-date sales
1
of 1.

0

Property Sales

0
Prices
3 Mo Avg
The
Median
Sales
Price
in
June
was
$0,
up
from
$0
in
June
of
Median Sales Price and Average Sales Price
Prices
1,500
3 Mo Avg
2015
and
up
from
$0
last
month.
The
Average
Sales
Price
in
The Median Sales Price in June was $0, up from $0 in June of
1,5001,450
Juneand
wasup
$0,from
up $0
from
in June
of Average
2015 and
up from
2015
last$0
month.
The
Sales
Price $0
in last
1,400
month.
June
was
at the
highest
compared
June
was $0,
up2016
fromASP
$0 in
June
of 2015
andlevel
up from
$0 lastto 1,450
1,4001,350
June ofJune
20152016
and ASP
2014.
month.
was at the highest level compared to
1,3501,300
June of 2015 and 2014.
1,3001,250
1,2501,200
1,2001,150
1,1501,100
1,1001,050
1,0501,000
1,000
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 A
16M J
13
14
15
16

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

Inventory & MSI
Inventory & MSI

5
0
J
13

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
8Data
c ocourtesy
l d wof e
l l bRegional
ank
e r hAssociation,
omes
. cTriad
oInc.
m may not reflect all relevant real estate activity. Coldwell Banker
is |provided
REALTOR
Triad
MLS,
Data
is provided
courtesyCharlotte
of Charlotte
Regional
REALTOR Association,
MLS,and
Inc. and may not reflect all relevant real estate activity. Coldwell Banker

does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

18

18

17

15 18

18

17

14

11

12 14
12 15

12 14
11 13

12 13

11
12
10
11
11 13
12
13
11 13
13
14
13
13

12 16
13 14
12
16
13
13
11
12
12
13
11
11
11
12
10
11
11

10
11
8 10
11
12
10
11
12
13
11
12
12 13
12
12
12 14

comparatively
lower
MSI
is more
beneficial
for sellers
while
AAcomparatively
lower
MSI
is more
beneficial
for sellers
while
a a
5
higherMSI
MSI
better
buyers.
June
2016
of 0.0
higher
is is
better
forfor
buyers.
TheThe
June
2016
MSIMSI
of 0.0
monthswas
was
highest
level
compared
with
June
of 2015
months
atat
itsits
highest
level
compared
with
June
of 2015
and and
0
2014.
2014.

10

10 10

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
A JS AO SN O
D NJ D
F M
J AJ SJ OA NS DO J NF DM JA FMMJ AJ M
A JS O
N D
J FN M
J AF M
M JA M
J A
S O
D AJ MF JM A M J
14 14
15
16
13
15
16

8

The Total Inventory of Properties available for sale as of June
The Total Inventory of Properties available for sale as of June
was 18, equal to 18 last month and up 38.5% from 13 in June of20 20
was 18, equal to 18 last month and up 38.5% from 13 in June of
lastyear.
year.June
June
2016
Inventory
at highest
its highest
compared
last
2016
Inventory
waswas
at its
levellevel
compared
withJune
Juneofof
2015
and
2014.
with
2015
and
2014.
15 15

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0