CAR ARCHIVED June 2017 | Page 24

Market Action Report
Rowan
County: Rowan
Agent Name
Market Action Report
County: Rowan
June 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$179,900
-0%
13%
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*:
$271,686 Trending
1%
23%
L3M 0%
PYM -9%
LY 3%
YTD
Prior YTD 6%
Prior Year 3%
-7%
$139,000
$179,900 -0%
13%
$161,071 1% 4% -12% 5%
$153,760
1%
0%
$271,686 1%
23%
505 -3%
-9%
$139,000 -7% 0% -9% 3%
$139,000
6%
3%
160 19%
10%
754
16%
$161,071 1% 4% -12% 5%
$153,760
1%
0%
63 -31% -22% -25% -28%
83 -18%
-5%
505 -3%
-9%
$88
-9%
-11%
1%
1%
$96
10%
10%
160 19%
10%
754
16%
3%
63 $83
-31% -0%
-22% 2%
-25% -6%
-28% 4%
83 $82
-18% 5% -5%
3.2
-19%
-13%
-18%
-41%
4.3
-27%
-20%
$88 -9% -11% 1% 1%
$96
10%
10%
1%
$83 93.1%
-0% .5%
2% .0%
-6% -.5%
4% 1.1%
$82 92.8%
5% 2% 3%
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
$139,000
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
3.2 -19% -13% -18% -41%
4.3 -27%
-20%
of 92.8%
Properties
93.1% .5% .0% -.5% Number
1.1%
2% Sold 1%
104
3 Mo Avg
Prices
190
Median Sales Price and Average Sales Price
98
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
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
3 Mo Avg
14
15
16
17
0
The Median Sales Price in June was $139,000, down 8.6% from
Prices
$152,000 in June of 2016 and down 6.9% from $149,245 last
The
Median
Sales
Price Sales
in June
was in
$139,000,
8.6% from
month.
The
Average
Price
June was down
$161,071,
down
$152,000
in June
of 2016
and down
6.9%
from
last
11.8% from
$182,537
in June
of 2016
and
up $149,245
0.9% from
190
month.
The last
Average
Sales
Price
in June
down
$159,580
month.
June
2017
ASP was
was $161,071,
at a mid range
170
11.8%
from $182,537
June and
of 2016
and up 0.9% from
compared
to June of in 2016
2015.
$159,580 last month. June 2017 ASP was at a mid range
150
compared to June of 2016 and 2015.
130
Number of Properties Sold
June
Property
sales sales
were of
160,
10.3%
from 16.2%
145 in ahead
June of of last
2015.
June YTD
754 up
are
running
2016 and 19.4% higher than the 134 sales last month. June 2017 160 120
year's year-to-date sales of 649.
sales were at their highest level compared to June of 2016 and
140 100
2015. June YTD sales of 754 are running 16.2% ahead of last
120 80
year's year-to-date sales of 649.
100
60
80
40
60
20
40
0
20
3 Mo Avg
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
180
June Property sales were 160, up 10.3% from 145 in June of
2016 and 19.4% higher than the 134 sales last month. June 2017 160
Property
sales were Sales
at their highest level compared to June of 2016 and 180 140
June Month's Supply of Inventory
3 Mo Avg
170
150
130
110
110 90
90 70
70 50
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 14 S O N 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
14
15
16
17
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
MSI is better
June 2017
MSI of
3.2 a
200
higher
MSI
is better
for buyers.
June 2017
of of
3.2 2016 and 200
months
was
at its lowest
level The
compared
with MSI
June
months
0
2015. was at its lowest level compared with June of 2016 and
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
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
| Price
c o Banker
ldw
e l l Brokerage
bank
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 provide d 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.
24 |
.
14.0
14.0 12.0
12.0 10.0
10.0
8.0
600
600
level compared with June of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
800
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
1,000
was Total
505, Inventory
down 2.9%
from 520 last
month
The
of Properties
available
for and
sale down
as of 9.2%
June from
556 505,
in June
last from
year. 520
June
2017
Inventory
was 9.2%
at its
lowest 1,000
was
down of 2.9%
last
month
and down
from
800
level
2016 Inventory
and 2015.
556
in compared
June of last with
year. June
June of 2017
was at its lowest
50
6.0
4.0
2.0
0.0
A M J
8.0
6.0
4.0
2.0
0.0