CAR ARCHIVED June 2017 | Page 26

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

County : Union

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
$ 449,072
1 %
15 %
Average List Price of all Current Listings
$ 537,544
-0%
10 %
June Median Sales Price
$ 317,695
11 %
10 %
14 %
22 %
$ 285,000
12 %
10 %
June Average Sales Price
$ 372,758
8 %
7 %
6 %
16 %
$ 343,528
9 %
7 %
Total Properties Currently for Sale ( Inventory )
928
1 %
-17%
June Number of Properties Sold
422
12 %
-9%
1,868
-3%
June Average Days on Market ( Solds )
49
20 % -11% -2%
-14%
57
-7%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 127
-2%
0 %
3 %
5 %
$ 127
5 %
5 %
June Sold Price per Square Foot
$ 122
2 %
3 %
5 %
8 %
$ 118
6 %
4 %
June Month ' s Supply of Inventory
2.2 -10% -16% -9%
-30%
2.9
-17%
-7%
June Sale Price vs List Price Ratio
97.5 %
-. 2 %
. 1 %
. 1 %
. 6 %
97.2 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
June Property sales were 422 , down 9.2 % from 465 in June of
450
2016 and 12.2 % higher than the 376 sales last month . June 2017
Property sales were Sales at their lowest level compared to June of 2016 and
500
400
June
2015 Property . June YTD sales sales were of 422
1,868 , down are 9.2 running
% from 2.8 465
% in behind
June of last
450
350
2016 and 12.2 % higher than the 376 sales last month . June 2017 year ' s year-to-date sales of 1,922 . sales were at their lowest level compared to June of 2016 and
400
300
Number of Properties Sold
3 Mo Avg
2015 . June YTD sales of 1,868 are running 2.8 % behind last
350
250
year ' s year-to-date sales of 1,922 .
300
200
250
150
200
100
150
50
100
0
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
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 $ 317,695 , up 13.5 % from
Prices
400
$ 279,900 in June of 2016 and up 11.0 % from $ 286,250 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 317,695 June was , up $ 13.5 372,758 % from , up 6.4 %
400
$ from 279,900 $ 350,437 in June in of June 2016 of and 2016 up 11.0 and % up from 8.3 % $ 286,250 from $ 344,058 last last
350
month . . The June Average 2017 ASP Sales was Price at in the June highest was $ level 372,758 compared , up 6.4 % to from
June $ 350,437 of 2016 and in June 2015 of . 2016 and up 8.3 % from $ 344,058 last month . June 2017 ASP was at the highest level compared to
350
300
June of 2016 and 2015 .
300
250
250 200
200 150
150

Union

389 406
389 406 329 311 238 286 178 203 308 308 365 434 404 358 325 301 233 296 172 203 304 349 429 465 421 395 393 342 303 322 209 237 348 276 376 422
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 928 , Inventory up 0.8 % from of Properties 921 last available month and for down sale as 17.1 of June % from
1,600 was
1,119 928 in , up June 0.8 of % last from year 921 . last June month 2017 and Inventory down 17.1 was % at from its lowest
1,6001,400
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
1,119 level in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its lowest
1,4001,200
6.0
level compared with June of 2016 and 2015 .
1,2001,000
5.0
1,000
800
4.0
800
600
A comparatively lower MSI is more beneficial for sellers while a
3.0
600
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial June 2017 for sellers MSI of while 2.2 a
400
2.0 higher MSI is better for buyers . The June 2017 MSI of 2.2
400 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
1,421
1,419 1,328 1,265 1,183 1,086 1,084
Agent Name
329
Title Phone Website Other

Community Information | School District

311 238 286 178 203 308 308 365
1,096 1,149 1,216 1,236 1,230 1,258 1,198 1,168 1,123 1,057 939 949 941
Number of Properties Sold
434 404 358 325 301 233 296
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
1,421
1,419 1,328 1,265 1,183 1,086 1,084 1,096 1,149 1,216 1,236 1,230 1,258 1,198 1,168 1,123
172 203 304 349 429
1,057 939 949 941 979 1,024 1,062 1,119 465 421
979 1,024 1,062 1,119 1,138 1,071 1,043 979 916 395 393 342
1,138 1,071 1,043 979 916 303 322 209
804 792 806 863 875 921 928 237 348
804 792 806 863 875
3 Mo Avg
276 376
921 928
422
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
26 | 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 .