CAR ARCHIVED June 2017 | Page 18

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

County : Iredell

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
$ 389,900
0 %
11 %
Average List Price of all Current Listings
$ 539,362
0 %
6 %
June Median Sales Price
$ 266,000
7 %
5 %
10 %
19 %
$ 249,430
14 %
11 %
June Average Sales Price
$ 302,502
-4%
-2%
-7%
4 %
$ 305,103
6 %
5 %
Total Properties Currently for Sale ( Inventory )
1,015
-0%
-14%
June Number of Properties Sold
304
26 %
-12%
1,343
-0%
June Average Days on Market ( Solds )
68
1 %
-8% -12% -12%
75
-16%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 130
-4%
-3%
1 %
2 %
$ 131
-2%
2 %
June Sold Price per Square Foot
$ 117
-2%
-1%
-2%
4 %
$ 117
5 %
4 %
June Month ' s Supply of Inventory
3.3 -21% -19% -2%
-28%
4.5
-12%
-3%
June Sale Price vs List Price Ratio
95.7 %
-. 2 %
. 2 %
. 4 %
1.1 %
95.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Iredell

Number of Properties Sold
3 Mo Avg
Property Sales
400
June Property sales were 304 , down 12.1 % from 346 in June of
2016 and 26.1 % higher than the 241 sales last month . June 2017
350
Property sales were Sales at a mid level compared to June of 2016 and 2015 .
400
June Property sales were 304 , down 12.1 % from 346 in June of
300
June YTD sales of 1,343 are running 0.4 % behind last year ' s yearto-date sales of 1,349 .
250
2016 and 26.1 % higher than the 241 sales last month . June 2017
350 sales were at a mid level compared to June of 2016 and 2015 .
300
June YTD sales of 1,343 are running 0.4 % behind last year ' s yearto-date
200
Number of Properties Sold
3 Mo Avg
sales of 1,349 .
250
150
200
100
150
50
100
50
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in June was $ 266,000 , up 9.8 % from
Prices
350
$ 242,323 in June of 2016 and up 6.8 % from $ 249,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 266,000 June was , up $ 302,502 9.8 % from , down
330
350
$
6.8 242,323 % from in June $ 324,616 of 2016 in June and up of 6.8 2016 % from and down $ 249,000 3.5 % last from
310 month . The Average Sales Price in June $ 302,502 , down
330
$ 313,481 last month . June 2017 ASP was at the lowest level
290
6.8 % from $ 324,616 in June of 2016 and down 3.5 % from
310 compared to June of 2016 and 2015 .
270
$ 313,481 last month . June 2017 ASP was at the lowest level
290
250 compared to June of 2016 and 2015 .
270
230
250
210
230
190
210
190
170
170
150
150
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
224 219
224 219 217 212 169 187 141 154 208 216 239 287 274 259 238 207 160 201 134 183 208 224 254 346 250 305 288 218 250 235 163 152 275 208 241 304
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 1,015 Inventory , down 0.3 of % Properties from 1,018 available last month for sale and as down of June 14.0 %
1,600 was from 1,015 1,180 , down in June 0.3 % of from last 1,018 year . last June month 2017 and Inventory down 14.0 was % at its
1,6001,400
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
from lowest 1,180 level in June compared of last with year June . of 2017 2016 Inventory and 2015 was . at its
1,4001,200
8.0
lowest level compared with June of 2016 and 2015 .
1,200
7.0
1,000
1,000
6.0
800
5.0
800
600
A comparatively lower MSI is more beneficial for sellers while a
4.0
600
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial June 2017 for sellers MSI of while 3.3 a
400
3.0 higher MSI is better for buyers . The June 2017 MSI of 3.3
400
2.0 months was at its lowest level compared with June of 2016 and
200 months was at its lowest level compared with June of 2016 and
200
1.0
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
1,405 1,345 1,308 1,269 1,213 1,109 1,102
Agent Name
217
Title Phone Website Other

Community Information | School District

14
212 169
1,405 1,345 1,308 1,269 1,213 187 141
15
154 208
1,109 1,102 1,099
1,192 216 239 287 274 259 238 207 160
1,099 1,192 1,175 1,247 1,283 1,255 1,251 1,240 1,228 1,140 1,074 1,030 1,005
201
1,175 1,247 1,283 1,255 1,251 1,240 1,228 1,140 1,074
134
16
183 208 224 254
1,030 1,005 1,060 1,130 1,123 1,180 346 250 305 288 218 250
1,060 1,130 1,123 1,180 1,159 1,130 1,099 1,067 999 886 886 902 977
235 163
17
993 1,018 1,015 152 275
1,159 1,130 1,099 1,067 999 886 886 902 977 993
208 241
1,018 1,015
304
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
18 | 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 .