CAR ARCHIVED June 2017 | Page 14

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

County : Davie

Price Range : All | Properties : SFH - Con
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
$ 272,250
-1%
13 %
Average List Price of all Current Listings
$ 312,804
-1%
-2%
June Median Sales Price
$ 175,000
11 %
6 %
3 %
-2%
$ 169,900
1 %
-5%
June Average Sales Price
$ 209,093
8 %
7 %
0 %
-1%
$ 202,385
3 %
-4%
Total Properties Currently for Sale ( Inventory )
234
-3%
-22%
June Number of Properties Sold
57 -11%
-12%
261
-1%
June Average Days on Market ( Solds )
87 -15% -22% 23 %
-22%
113
-5%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 107
0 %
-3%
3 %
5 %
$ 109
6 %
7 %
June Sold Price per Square Foot
$ 98
3 %
6 %
10 %
8 %
$ 93
6 %
2 %
June Month ' s Supply of Inventory
4.1
9 %
-19% -11% -39%
6.3
-14%
-7%
June Sale Price vs List Price Ratio
96.0 %
5.0 % 3.7 % 2.3 % 3.2 %
92.3 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 57 , down 12.3 % from 65 in June of 2016 and 10.9 % lower than the 64 sales last month . June 2017 Property sales were Sales at a mid level compared to June of 2016 and 2015 . 70 June June Property YTD sales sales of were 261 are
57 , running down 12.3 0.8 % % from behind
65 in last June year of
' s yearto-date sales of 263 .
2016 and 10.9 % lower than the 64 sales last month . June 2017
60 sales were at a mid level compared to June of 2016 and 2015 . June YTD sales of 261 are running 0.8 % behind last year ' s yearto-date sales of 263 .
50 40 30 20
70 60 50 40 30 20 10
Number of Properties Sold
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
14
15
16
17
Prices
The Median Sales Price in June was $ 175,000 , up 2.9 % from
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 and Average Sales Price
14
15
16
17
3 Mo Avg
Prices
$ 170,000 in June of 2016 and up 10.8 % from $ 158,000 last
240
The month Median . The Sales Average Price Sales in June Price was in $ 175,000 June was , up $ 209,093 2.9 % from , up 0.3 %
$ from 170,000 $ 208,488 in June in of June 2016 of and 2016 up 10.8 and % up from 7.7 % $ 158,000 from $ 194,197 last last
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The June Average 2017 ASP Sales was Price at in the June highest was $ level 209,093 compared , up 0.3 to % from
June $ 208,488 of 2016 and in June 2015 of . 2016 and up 7.7 % from $ 194,197 last month . June 2017 ASP was at the highest level compared to
220
200
200
180
June of 2016 and 2015 .
180
160
160 140
140 120
49 56 36 40 28 33 30 29 35 40 49 53 58 43 43 38 24 32 36 36 39 48 39 65 56 47 37 44 38 50 38 21 50 31 64 57
120
100
100
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
A14S O N D
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 234 , Inventory down 3.3 of % Properties from 242 last available month for and sale down as of 22.3 June % from
500 was 301234 in , June down of 3.3 last % from year . 242 June last 2017 month Inventory and down was 22.3 at its % from lowest
500
18.0
400
301 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest
16.0
400 level compared with June of 2016 and 2015 .
14.0
300
12.0
300
10.0
200
A comparatively lower MSI is more beneficial for sellers while a
8.0
200
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial June 2017 for sellers MSI of while 4.1 a
6.0
100 higher MSI is better for buyers . The June 2017 MSI of 4.1
100
4.0 months was at its lowest level compared with June of 2016 and months was at its lowest level compared with June of 2016 and
2.0
2015 .
0
2015 .
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
14
15
16
17
14
15
16
17
434

Davie

49
431 56
439 450
36
Agent Name
432
Title Phone Website Other

Community Information | School District

434 431 439
40 450 382
28 432 357
33 382 347
30 357 348
29 347 349
35 348 343
40 349
369
367 49 53
Number of Properties Sold
58 43 43 38 24 32 36 36 39
3 Mo Avg
343 369
369 373
367 350
369 334
373 308
350 305
334 297
308 314 315
305 310
297
301 314
304 315
302 310
273 301
286 304
245 302
234 273
240 286
235 245
242 234
229 240 242
235 234 242
48 39 65 56 47 37 44 38 50 38 21
229 50
242
3 Mo Avg
31
234 64 57
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
14 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : 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 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 .