CAR ARCHIVED March 2017 | Page 14

Market Action Report
Davie
County: Davie
Agent Name
Market Action Report
County: Davie
March 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$239,800
2%
4%
March 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
Trending versus*:
$309,631 Trending
-0% versus*:
1%
L3 M -13%
PYM -16%
LY -17% YTD
Prior YTD -1%
Prior Year -5%
2%
$170,000
$239,800 2%
4%
$186,679 -3% -13% -6% -11%
$206,959
6%
-2%
$309,631 -0%
1%
261 12%
-17%
$148,000 2% -13% -16% -17%
$170,000
-1%
-5%
50 138%
28%
109
-2%
$186,679 -3% -13% -6% -11%
$206,959
6%
-2%
137 93% 9% -12% 23%
125 -10%
13%
261 12%
-17%
$114
5%
4%
6%
12%
$111
9%
9%
50 138%
28%
109
-2%
$89
4%
-2%
4%
-2%
$91
2%
137 93% 9% -12% 23%
125 -10%
13% 0%
5.2
-53%
-31%
-35%
-22%
7.5
-9%
$114 5% 4% 6% 12%
$111
9%
9% 12%
-1%
$89 92.8%
4% 5.1%
-2% .9%
4% -.6%
-2% -.2%
$91 92.0%
2% -2% 0%
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March Median Sales Price
March Number of Properties Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Price
Month's
Supply Foot
of Inventory
Asking
per Square
(based on New Listings)
Month
LM
$148,000
March Sold
Sale Price
Price per
vs Square
List Price
March
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
5.2 -53% -31% -35% -22%
7.5
-9%
12%
of 92.0%
Properties
92.8% 5.1% .9% -.6% Number
-.2%
-2% Sold -1%
March Month's Supply of Inventory
March 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
70
March Property sales were 50, up 28.2% from 39 in March of
2016 and 138.1% higher than the 21 sales last month. March
60
Property
70
2017 sales Sales
were at their highest level compared to March of 2016
March
Property
sales
were
50,
up
28.2%
from
39
in
March
of
and 2015. March YTD sales of 109 are running 1.8% behind last 50
2016 and 138.1% higher than the 21 sales last month. March
60
year's year-to-date sales of 111.
2017 sales were at their highest level compared to March of 2016
40
Number of Properties Sold
3 Mo Avg
50
Prices
The Median Sales Price in March was $148,000, down 16.4%
Prices
from $177,000 in March of 2016 and up 2.1% from $145,000
The
in March
$148,000,
16.4%
last Median
month. Sales
The Price
Average
Sales was
Price
in March down
was $186,679,
from
$177,000
in March
of 2016
and up of 2.1%
from
down
5.9% from
$198,288
in March
2016
and $145,000
down 3.1% 240
last
month.
The Average
Sales March
Price in 2017
March
was
$186,679,
from
$192,610
last month.
ASP
was
at a mid range
220
down
5.9% from
$198,288
in March
of 2016 and down 3.1%
compared
to March
of 2016
and 2015.
from $192,610 last month. March 2017 ASP was at a mid range 200
compared to March of 2016 and 2015.
180
58
Median Sales Price and Average Sales Price
240
32
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
14
15
16
17
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
Median
Sales
Price
and
Average
Sales
Price
3 Mo Avg
14
15
16
17
0
0
10
10
20
20
30
30
40
and 2015. March YTD sales of 109 are running 1.8% behind last
year's year-to-date sales of 111.
3 Mo Avg
3 Mo Avg
220
200
180
160
160 140
140 120
120 100
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
15 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 14 J J A S O N D J F M
14
15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
500
was Total
261, Inventory
up 12.0% of
from
233 last available
month and
down
16.6%
from
The
Properties
for sale
as of
March
500
313 261,
in March
of last
year.
March
2017
Inventory
was from
at its
was
up 12.0%
from
233 last
month
and
down 16.6%
400
lowest
level of
compared
March
2016 and was
2015.
313
in March
last year. with
March
2017 of Inventory
at its
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
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 provided 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.
14 |
.
A comparatively lower MSI is more beneficial for sellers while a 200
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
sellers
a
MSI is better
March for
2017
MSI while
of 5.2
higher
MSI
is better
for buyers.
March with
2017 March
MSI of of
5.2 2016 and
100
months
was
at its lowest
level The
compared
months
2015. was at its lowest level compared with March of 2016 and
0
2015.
300
18.0
16.0
14.0
300
12.0
10.0
200
8.0
6.0
100
4.0
2.0
0
0.0
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 J A S O N D J F M
14
15
16
17
14
15
16
17
400
lowest level compared with March of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
100
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0