CAR ARCHIVED June 2017 | Page 6

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

County : Alexander

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
$ 249,900
4 %
0 %
Average List Price of all Current Listings
$ 285,962
2 %
-2%
June Median Sales Price
$ 180,000
-18% 16 %
-9%
13 %
$ 153,000
1 %
-4%
June Average Sales Price
$ 198,370
-33% -5%
-4%
-4%
$ 198,455
9 %
-4%
Total Properties Currently for Sale ( Inventory )
58
-8%
-16%
June Number of Properties Sold
15
67 %
7 %
62
29 %
June Average Days on Market ( Solds )
71 -35% -35% -8%
-34%
105
-22%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 96
-7%
-3% -19% -10%
$ 103
-9%
-4%
June Sold Price per Square Foot
$ 95
-14%
0 %
0 %
-2%
$ 95
9 %
-2%
June Month ' s Supply of Inventory
3.9 -45% -30% -22% -56%
6.0
-39%
-32%
June Sale Price vs List Price Ratio
96.7 %
3.1 % 5.7 % -. 6 %
2.9 %
91.7 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Alexander

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
18
June Property sales were 15 , up 7.1 % from 14 in June of 2016 and 66.7 % higher than the 9 sales last month . June 2017 sales
Property were at a mid Sales level compared to June of 2016 and 2015 . June
18
June
YTD Property sales of 62 sales are were running
15 , up
29.2
7.1 % from ahead
14 of in last June year of 2016
' s year-todate sales of 48 . and 66.7 % higher than the 9 sales last month . June 2017 sales
16 were at a mid level compared to June of 2016 and 2015 . June
14
YTD sales of 62 are running 29.2 % ahead of last year ' s year-todate sales of 48 .
12
16
14
12
10
8
Number of Properties Sold
3 Mo Avg
10
6
8
4
6
2
4
0
2
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 $ 180,000 , down 8.5 % from
Prices
350
$ 196,750 in June of 2016 and down 18.2 % from $ 220,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 180,000 June was , down $ 198,370 8.5 %, from down
350
300
$
4.0 196,750 % from in June $ 206,654 of 2016 in and June down of 2016 18.2 and % from down $ 220,000 33.1 % from last
month
$ 296,667 . The last Average month Sales . June Price 2017 in June ASP was $ at 198,370 a mid , range down
4.0 compared % from $ to 206,654 June of in 2016 June and of 2016 2015 and . down 33.1 % from
$ 296,667 last month . June 2017 ASP was at a mid range compared to June of 2016 and 2015 .
300
250
250
200
200
150
100 50
10
150 100
50
10
1 7
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 58 , down Inventory 7.9 % of from Properties 63 last available month and for sale down as 15.9 of June % from 69
120 was in June 58 , down of last 7.9 year % from . June 63 last 2017 month Inventory and down was at 15.9 its % lowest from 69 level
120
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its lowest level compared with June of 2016 and 2015 .
100
80
100.0
80
60
80.0
60
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial June 2017 for sellers MSI of while 3.9 a
40 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of of 3.92016 and
20 months
2015 . was at its lowest level compared with June of 2016 and
2015 .
0
60.0
40
40.0
20
20.0
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
93 102 97 1 7
85
89 12 12
74 74
6
12 12 6 5 8 5 8
82 80 80
10
70
11 10
77 79 79 74
10 11 10 17 3
17
Number of Properties Sold
3 13
66
71 12 5 4
54 55 58
6
13 12 5 4 6 3 5 10
3
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
93 102 97
85
89
74
74 82 80 80
70 77 79 79 74 66 71
5
58
62 10 6 10
54 62 55 66 68 69 68 65 66 62 65 64
6 10 14 6
14 6
66 68 69 68 65 66
13
13 13 7 7
13 10
7
62 65 64
52 58 57
7 52
9
7 10 9
62 63 58
7
11 11 9
11 15
11
58 57 62 63 58
3 Mo Avg
9 15
120.0 100.0 80.0
60.0 40.0 20.0 0.0
6 | 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 .