CAR ARCHIVED June 2017 | Page 22

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

County : Mecklenburg

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
$ 415,000
4 %
26 %
Average List Price of all Current Listings
$ 588,245
3 %
28 %
June Median Sales Price
$ 270,000
6 %
6 %
16 %
23 %
$ 245,000
14 %
12 %
June Average Sales Price
$ 340,099
5 %
5 %
14 %
21 %
$ 311,373
12 %
11 %
Total Properties Currently for Sale ( Inventory )
2,658
-5%
-30%
June Number of Properties Sold
1,840
18 %
-16%
8,936
-5%
June Average Days on Market ( Solds )
33
6 %
-6%
-3%
-25%
39
-17%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 142
-3%
-2%
5 %
4 %
$ 144
4 %
5 %
June Sold Price per Square Foot
$ 138
1 %
1 %
5 %
8 %
$ 136
7 %
6 %
June Month ' s Supply of Inventory
1.4 -19% -17% -17% -34%
1.8
-25%
-19%
June Sale Price vs List Price Ratio
98.3 %
-. 2 %
. 0 %
. 5 %
1.2 %
98.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 June Property sales were 1,840 , down 15.9 % from 2,189 in June of 2016 and 17.9 % higher than the 1,560 sales last month . June Property 2017 sales Sales were at their lowest level compared to June of 2016 2,5002,000 June and Property 2015 . June sales YTD were sales
1,840 of
, 8,936 down 15.9 are running % from 2,189
5.4 % in behind June last of 2016 and 17.9 % higher than the 1,560 sales last month . June year ' s year-to-date sales of 9,448 . 2017 sales were at their lowest level compared to June of 2016 2,0001,500 and 2015 . June YTD sales of 8,936 are running 5.4 % behind last year ' s year-to-date sales of 9,448 .
1,5001,000

Mecklenburg

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in June was $ 270,000 , up 16.4 % from
Prices $ 232,000 in June of 2016 and up 6.1 % from $ 254,450 last The month Median . The Sales Average Price Sales in June Price was in $ 270,000 June was , up $ 340,099 16.4 % from , up $ 13.7 232,000 % from in June $ 299,149 of 2016 in June and up of 6.1 2016 % from and $ up 254,450 4.5 % from last month $ 325,316 . The last Average month Sales . June Price 2017 in June ASP was $ at 340,099 the highest , up level 13.7 compared % from $ to 299,149 June of in 2016 June and of 2016 2015 and . up 4.5 % from $ 325,316 last month . June 2017 ASP was at the highest level compared to June of 2016 and 2015 .
1,000 500
350 330 310 290 270 250 230 210 190 170 150
1,661 1,566 1,425 1,365
1,661 1,566 1,425 1,365 1,075 1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,458 1,149 1,506 954 1,178 1,571 1,712 1,844 2,189 1,769 1,967 1,783 1,524 1,483 1,614 1,167 1,198 1,805 1,366 1,560 1,840
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 2,658 Inventory , down 4.7 of % Properties from 2,788 available last month for sale and as down of June 30.4 %
6,000 was from 2,658 3,821 , down in June 4.7 % of from last 2,788 year . last June month 2017 and Inventory down 30.4 was % at its
6,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
from lowest 3,821 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest level compared with June of 2016 and 2015 .
5,000
4,000
4.0
4,000
3,000
3.0
3,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial June 2017 for sellers MSI of while 1.4 a
2,000 higher MSI is better for buyers . The June 2017 MSI of 1.4
1,000 months was at its lowest level compared with June of 2016 and
1,000
1.0 months
2015 . was at its lowest level compared with June of 2016 and
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
1,075
5,654 5,507 5,313 5,124
4,750 4,223 4,052
1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,458
4,082 4,322 4,453 4,531 4,504 4,640 4,488 4,385 4,257
3,837 3,373 3,328
1,149
500
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
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
350
330
Median Sales Price and Average Sales Price
3 Mo Avg
310
290
270
250
230
210
190
170
150
1,506
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
5,654 5,507 5,313 5,124
4,750 4,223 4,052 4,082 4,322 4,453 4,531 4,504 4,640 4,488 4,385 4,257
954 1,178 1,571 1,712 1,844
3,837 3,373 3,328 3,199 3,411 3,579 3,737 3,821 2,189 1,769 1,967 1,783 1,524
3,855 3,757 3,713 3,492
3,109
3,199 3,411 3,579 3,737 3,821 3,855 3,757 3,713 3,492
3,109 2,608 2,417 2,380
1,483 1,614 1,167
2,584 2,690 2,788 2,658 1,198 1,805
2,608 2,417 2,380 2,584 2,690
1,366 1,560
2,788 2,658
1,840
5.0 4.0
3.0 2.0 1.0 0.0
22 | 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 .