CAR ARCHIVED May 2016 | Page 6

County: Alexander

Agent Name

Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$267,900
-3%
41%

May 2016

Community Information | School District

Price Range: All | Properties: SFH - Con

Market Profile & Trends Overview
Price
Range: AllList
| Properties:
SFH
Median
Price
of- Con
all Current Listings

Trending versus*:
Prior YTD Prior Year

YTD

versus*:
Trending versus*:
$300,985 Trending
0%
9%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$126,150 -54% -7% -26% -6%
$143,250
8%
7%
$267,900 -3%
41%
$129,980 -52% -25% -36% -19%
$171,868
8%
7%
$300,985 0%
9%
68
3%
-3%
$126,150 -54% -7% -26% -6%
$143,250
8%
7%
10 67%
34
$129,980 -52%
-25% -36% 0%
-19%
$171,868
8% -23% 7%
May Properties
Average Days
on Market
(Solds)
157
11%
34%
Total
Currently
for Sale
(Inventory)
68 208
3% 45% 28%
-3% 13% 78%
Asking
Priceofper
Square Foot
13%
May
Number
Properties
Sold (based on New Listings)
10$94
67%-15% -19%
0% -7% -7%
34 $114
-23% 11%
MayAverage
Sold Price
May
Daysper
onSquare
MarketFoot
(Solds)
208$79
45%-28%
28% -7%
13% -14%
78% -2%
157 $83
11% 1% 34% 2%
May Month's
Inventory
6.8 -38%
Asking
Price perSupply
SquareofFoot
(based on New Listings)
$94 -15%
-19%-15%
-7% -3%
-7% -38% $114 10.9
11% 15%13% -0%
MaySold
SalePrice
Priceper
vs Square
List Price
Ratio
1%
May
Foot
$7989.6%
-28%-4.9%
-7% -2.3%
-14%-4.8%
-2% -1.7%
$83 92.0%
1% -0% 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
May
Month's Supply of Inventory
6.8 -38% -15% -3% -38%
10.9
15%
-0%
May Sale Price vs List Price Ratio
89.6% -4.9% -2.3% -4.8% Number
-1.7%
-0%Sold 1%
of 92.0%
Properties

Average List Price of all Current Listings
Market Profile & Trends Overview
May Median Sales Price
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May Median Sales Price
MayAverage
Number
of Properties
Sold
May
Sales
Price

Month

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

6

5
10

6

10

5

3

6

4

5

12

13

3

17

10

11

10

8

5

12

6

12

7

1

10

13

5

6

6

8

9

50
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
16 M
J J 13A S O N D J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16

Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)

60

100.0

.

Copyright
© Coldwell Banker
| Price
Range:
| Property Types:
Copyright
© Coldwell
All |AllProperty
-SFH
Con- Con
c o lBanker
d w |ePrice
l lRange:
ban
k e r hTypes:
o mSFH
es
com
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc.may
andnot
may
not reflect
all relevant
realactivity.
estate activity.
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
all relevant
real estate
Coldwell Coldwell
Banker Banker
does
warrant
or guarantee
accuracy
of this
information.
It isresponsibility
the responsibility
any or
buyer
ortoseller
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of anyofbuyer
seller
verifytoany
andany
all information
relevant relevant
to such consumer’s
real estatereal
transaction.

80.0
63
66
68

78
79
75 78
78 79
75
85
7894
8985
89 94
87 89
95
89
98
87
95 95
94 98
93
95
102
94
97
93
85
102
89
97
74
85
74
89
82

120.0

60
40
A comparatively lower MSI is more beneficial for sellers while a
40
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The May 2016 MSI of 6.8
20
higher MSI is better for buyers. The May 2016 MSI of 6.8
months was at its lowest level compared with May of 2015 and 20
months was at its lowest level compared with May of 2015 and
0
2014.
0
2014.
S O
M JA JM AJ S J OAN SDOJ NF DM JA FM MJ AJ M
A DS JO FN MD AJ MF
J J JA JS A
O N
D N
J FD MJ AF M
A SJ OJ N
15
16
13 13
14 14
15
16

6 |

3

6

4

12

5

13

17

3

10

11

10

8

5

12

6

12

7

10

1

13

5

6

6

8

9

3

2

11

100

Inventory & MSI
Inventory
& MSI of Properties available for sale as of May
The Total Inventory
120
The
Inventory
of Properties
available
sale2.9%
as of from
May 70 in
wasTotal
68, up
3.0% from
66 last month
andfor
down
120
was
68,
3.0%
from
662016
last month
and down
from 70
in
May
ofup
last
year.
May
Inventory
was at2.9%
its lowest
level
100
May
of last year.
Inventory
was at its lowest level
compared
with May
May 2016
of 2015
and 2014.
100
compared with May of 2015 and 2014.
80
80

3 Mo Avg

55
74
56 67
59
72
63
55
66
56
68
59

50

Median Sales Price and Average Sales Price

82
70
77 80
79 80
70
79
74 77
67
79
72 79

100

3

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
13
14
15
16
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
Median Sales Price15
and Average Sales Price16
13
14
3 Mo Avg

The Median Sales Price in May was $126,150, down 26.3% from
300
Prices
$171,125 in May of 2015 and down 53.5% from $271,450 last
The
Median
Sales
Price
in
May
was
$126,150,
down
26.3%
from
month. The Average Sales Price in May was $129,980, down 300
$171,125 in May of 2015 and down 53.5% from $271,450 last
250
36.2% from $203,729 in May of 2015 and down 52.0% from
month. The Average Sales Price in May was $129,980, down
$271,050 last month. May 2016 ASP was at the lowest level 250
36.2% from $203,729 in May of 2015 and down 52.0% from
200
compared to May of 2015 and 2014.
$271,050 last month. May 2016 ASP was at the lowest level
200
compared to May of 2015 and 2014.
150
150

8

0

8

2

9

4

74
80
74
80

Prices

8

2

0

10

9

2

12

3

4

3 Mo Avg

14

11

6

Number of Properties Sold

16

8

8

18

8

May Property sales were 10, equal to 10 in May of 2015 and
66.7% higher than the 6 sales last month. May 2016 sales were
Property Sales
at their highest level compared to May of 2015 and 2014. May 18
May Property sales were 10, equal to 10 in May of 2015 and
YTD sales of 34 are running 22.7% behind last year's year-to- 16
66.7% higher than the 6 sales last month. May 2016 sales were
of 44.
atdate
theirsales
highest
level compared to May of 2015 and 2014. May
14
YTD sales of 34 are running 22.7% behind last year's year-to12
date sales of 44.
10

3

Property Sales

10

Market Action Report

Alexander

10

County: Alexander

May 2016

6

Market Action Report

60.0
40.0

20.0
0.0
M A M

120.0
100.0
80.0
60.0
40.0

20.0
0.0