CAR ARCHIVED May 2017 | Page 12

Market Action Report
County: Davidson
Davidson
Agent Name
Market Action Report
County: Davidson
May 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$215,900
0%
18%
May 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*:
$270,105 Trending
1%
15%
L3M 1%
PYM 2%
LY 8%
YTD
Prior YTD 7%
Prior Year 5%
1%
$152,900
$215,900 0%
18%
$182,317 -0% 0% -2% 5%
$181,716
3%
5%
$270,105 1%
15%
649 1%
-17%
$157,000 1% 1% 2% 8%
$152,900
7%
5%
182 40%
23%
663
17%
$182,317 -0% 0% -2% 5%
$181,716
3%
5%
61 -33% -30% -40% -36%
90 -23%
-6%
649 1%
-17%
$105
0%
1%
11%
8%
$104
9%
7%
182 40%
23%
663
17%
$92
5%
2%
3%
4%
$90
6%
2%
61 -33% -30% -40% -36%
90 -23%
-6%
3.6
-28%
-17%
-32%
-39%
5.0
-29%
-14%
$105 0% 1% 11% 8%
$104
9%
7%
1%
$92 94.9%
5% 2.3%
2% 1.2%
3% 1.1%
4% 2.2%
$90 93.8%
6% 2% 2%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
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
May Number of Properties Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's
Inventory
Asking
Price per Supply
Square of Foot
(based on New Listings)
Month
LM
$157,000
May Sold
Sale Price
Price per
vs Square
List Price
Ratio
May
Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3.6 -28% -17% -32% -39%
5.0 -29%
-14%
of 93.8%
Properties
94.9% 2.3% 1.2% 1.1% Number
2.2%
2% Sold 1%
May Month's Supply of Inventory
May 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
200
May Property sales were 182, up 23.0% from 148 in May of 2016
180
and 40.0% higher than the 130 sales last month. May 2017 sales
Property
Sales
were at their highest level compared to May of 2016 and 2015. 200 160
May
sales
182, running
up 23.0%
from ahead
148 in of May
2016
May Property
YTD sales
of were
663 are
16.7%
last of year's
180 140
and 40.0% higher than the 130 sales last month. May 2017 sales
year-to-date sales of 568.
160 120
200
190
180
170
160
150
140
130
120
110
100
14
3 Mo Avg
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
17 M
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 A
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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.
.
97
Median Sales Price and Average Sales Price
1,400
was Total
649, Inventory
up 0.6% from
645 last available
month and
down
from
The
of Properties
for sale
as 16.7%
of May
779 649,
in May
of last
year.
Inventory
at its
lowest 1,400 1,200
was
up 0.6%
from
645 May
last 2017
month
and down was
16.7%
from
level
compared
2016
and 2015.
779
in May
of last with
year. May
May of 2017
Inventory
was at its lowest
1,200 1,000
level compared with May of 2016 and 2015.
1,000 800
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
MSI is better
May 2017
MSI of
3.6 a
400
200
higher
MSI
is better
for buyers.
May 2017
MSI
of of
3.6 2016 and
months
was
at its lowest
level The
compared
with
May
200
months
0
2015. was at its lowest level compared with May of 2016 and
0
2015.
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
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
14
15
16
17
14
15
16
17
12 |
128
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
15
16
17
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
Price
and
Average
Sales
Price
3 Mo Avg
15
16
17
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
M A M
Prices
J J
14
J J A S
14
200
190
180
170
160
150
140
130
120
110
100
J J
J J 14 A S
0
0
20
120 80
100 60
40
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
3 Mo Avg
140 100
80 40
60 20
The Median Sales Price in May was $157,000, up 1.6% from
Prices
$154,500 in May of 2016 and up 1.4% from $154,900 last
The
Median
Sales
Price Sales
in May
was in
$157,000,
1.6% from
month.
The
Average
Price
May was up $182,317,
down
$154,500
in $185,279
May of 2016
and up
1.4% from
$154,900
1.6% from
in May
of 2016
and down
0.2% last
from
month.
The last
Average
Sales
Price
in May
down
$182,725
month.
May
2017
ASP was
was $182,317,
at a mid range
1.6%
from $185,279
in 2016
May of
2016
and down 0.2% from
compared
to May of
and
2015.
$182,725 last month. May 2017 ASP was at a mid range
compared to May of 2016 and 2015.
Number of Properties Sold
were at their highest level compared to May of 2016 and 2015.
May YTD sales of 663 are running 16.7% ahead of last year's
year-to-date sales of 568.
3 Mo Avg
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0