CAR ARCHIVED June 2017 | Page 12

Market Action Report
County: Davidson
Davidson
Agent Name
Market Action Report
County: Davidson
June 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$222,450
5%
23%
June 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of - Con
all Current Listings
Price
Range: All List
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$272,705 Trending
3%
15%
L3M 2%
PYM 14%
LY 10% YTD
Prior YTD 9%
Prior Year 7%
3%
$155,000
$222,450 5%
23%
$197,409 9% 5% 20% 14%
$184,929
7%
7%
$272,705 3%
15%
634 -5%
-16%
$159,900 3% 2% 14% 10%
$155,000
9%
7%
187 1%
6%
853
15%
$197,409 9% 5% 20% 14%
$184,929
7%
7%
67 10% -14% -23% -30%
85 -23%
-11%
634 -5%
-16%
$105
0%
-1%
5%
8%
$104
8%
7%
187 1%
6%
853
15%
$92
1%
2%
3%
4%
$90
5%
67 10% -14% -23% -30%
85 -23%
-11% 2%
3.4
-6%
-15%
-21%
-42%
4.8
-28%
$105 0% -1% 5% 8%
$104
8%
7% -19%
1%
$92 95.1%
1% .7%
2% .9%
3% 2.7%
4% 2.4%
$90 94.0%
5% 2% 2%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
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
June Number of Properties Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
June Number of Properties Sold
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Month's
Inventory
Asking
Price per Supply
Square of
Foot
(based on New Listings)
Month
LM
$159,900
June Sold
Sale Price
Price per
vs Square
List Price
Ratio
June
Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3.4 -6% -15% -21% -42%
4.8 -28%
-19%
of 94.0%
Properties
95.1% .7% .9% 2.7% Number
2.4%
2% Sold 1%
June Month's Supply of Inventory
June Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
200
June Property sales were 187, up 6.3% from 176 in June of 2016
180
and 1.1% higher than the 185 sales last month. June 2017 sales
Property
Sales
were at their highest level compared to June of 2016 and 2015. 200 160
June
sales
187, running
up 6.3% 14.7%
from 176
in June
of year's
2016
June Property
YTD sales
of were
853 are
ahead
of last
180 140
and 1.1% higher than the 185 sales last month. June 2017 sales
year-to-date sales of 744.
160 120
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
3 Mo Avg
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
D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J
15
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
e r Range:
h o All
m | e Property
s c Types:
o m SFH - Con
Data is provided courtesy of Charlotte Regional REALTOR Association, Triad MLS, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Charlotte Regional REALTOR Association, Triad MLS, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
.
129
Median Sales Price and Average Sales Price
1,400
was Total
634, Inventory
down 4.9%
from 667 last
month
The
of Properties
available
for and
sale down
as of 16.4%
June from
758 634,
in June
last from
year. 667
June
2017
Inventory
was
at its from
lowest 1,400 1,200
was
down of 4.9%
last
month
and down
16.4%
level
2016 Inventory
and 2015.
758
in compared
June of last with
year. June
June of 2017
was at its lowest
1,200 1,000
level compared with June of 2016 and 2015.
1,000 800
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
MSI is better
June 2017
MSI of
3.4 a
400
200
higher
MSI
is better
for buyers.
June 2017
of of
3.4 2016 and
months
was
at its lowest
level The
compared
with MSI
June
200
months
0
2015. was at its lowest level compared with June of 2016 an d
0
2015.
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
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
14
15
16
17
14
15
16
17
12 |
106
14
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
15
16
17
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
and
Average
Sales
Price
3 Mo Avg
15
16
17
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
A M J
The Median Sales Price in June was $159,900, up 14.2% from
Prices
$140,000 in June of 2016 and up 3.2% from $155,000 last
The
Median
Sales
Price Sales
in June
was in
$159,900,
14.2% from
month.
The
Average
Price
June was up $197,409,
up 19.7%
200
$140,000
in June in
of June
2016 of and
up and
3.2% up
from
$155,000
last
from $164,903
2016
8.9%
from $181,256
last
190
month.
The
Average
Sales
Price
in
June
was
$197,409,
up
19.7%
month. June 2017 ASP was at the highest level compared to
180
from
in June
of 2016 and up 8.9% from $181,256 last
June $164,903
of 2016 and
2015.
170
month. June 2017 ASP was at the highest level compared to
160
June of 2016 and 2015.
150
140
130
120
110
100
J A S
14
J A S O N
14
200
190
180
170
160
150
140
130
120
110
100
J A S
J A 14 S O N
0
0
20
120 80
100 60
40
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
3 Mo Avg
140 100
80 40
60 20
Prices
Number of Properties Sold
were at their highest level compared to June of 2016 and 2015.
June YTD sales of 853 are running 14.7% ahead of last year's
year-to-date sales of 744.
3 Mo Avg
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0