CAR ARCHIVED May 2017 | Page 16

Market Action Report
Gaston
County: Gaston
Agent Name
Market Action Report
County: Gaston
May 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$245,450
12%
41%
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*:
$276,952 Trending
3%
25%
L3M 0%
PYM 6%
LY 6%
YTD
Prior YTD 9%
Prior Year 5%
7%
$158,000
$245,450 12%
41%
$188,995 6% 8% 12% 11%
$174,576
7%
2%
$276,952 3%
25%
508 -9%
-36%
$160,000 7% 0% 6% 6%
$158,000
9%
5%
229 11%
-18%
1,089
-2%
$188,995 6% 8% 12% 11%
$174,576
7%
2%
61 24% -2% -30% -16%
63 -26%
-14%
508 -9%
-36%
$100
1%
2%
5%
9%
$97
7%
5%
229 11%
-18%
1,089
-2%
$93
2%
4%
9%
7%
$90
8%
61 24% -2% -30% -16%
63 -26%
-14% 3%
2.2
-18%
-5%
-22%
-33%
2.7
-34%
$100 1% 2% 5% 9%
$97
7%
5% -20%
2%
$93 96.1%
2% -2.0%
4% -.7%
9% .9%
7% 1.0%
$90 96.8%
8% 3% 3%
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
$160,000
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
2.2 -18% -5% -22% -33%
2.7 -34%
-20%
of 96.8%
Properties
96.1% -2.0% -.7% .9% Number
1.0%
3% Sold 2%
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
350
May Property sales were 229, down 18.2% from 280 in May of
2016 and 11.2% higher than the 206 sales last month. May 2017 300
Property
sales were Sales
at their lowest level compared to May of 2016 and 350
May
Property
sales sales
were of
229,
down
from
280 behind
in May last
of
250
2015.
May YTD
1,089
are 18.2%
running
2.0%
2016 and 11.2% higher than the 206 sales last month. May 2017 300
year's year-to-date sales of 1,111.
sales were at their lowest level compared to May of 2016 and
200
14
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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
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.
.
183
164
Median Sales Price and Average Sales Price
1,400
was Total
508, Inventory
down 9.1%
from 559 last
month for
and
down
The
of Properties
available
sale
as of 36.3%
May from
798 508,
in May
of 9.1%
last year.
May last
2017
Inventory
was 36.3%
at its lowest
was
down
from 559
month
and down
from 1,400 1,200
level
2016
and 2015.
798
in compared
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
2.2 a
400
200
higher
MSI
is better
for buyers.
May 2017
MSI
of of
2.2 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
16 |
262
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
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
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
M A M
The Median Sales Price in May was $160,000, up 5.9% from
Prices
$151,073 in May of 2016 and up 6.7% from $150,000 last
The
Median
Sales
Price Sales
in May
was in
$160,000,
5.9% from
month.
The
Average
Price
May was up
$188,995,
up 12.4%
200
$151,073
in May of
and
up 6.7%
from
$150,000
last
from $168,148
in 2016
May of
2016
and up
5.6%
from $179,019
last
190
month.
The
Average
Sales
Price
in
May
was
$188,995,
up
12.4%
month. May 2017 ASP was at the highest level compared to May
180
from
$168,148
in May of 2016 and up 5.6% from $179,019 last
of 2016
and 2015.
month. May 2017 ASP was at the highest level compared to May 170
160
of 2016 and 2015.
150
140
130
120
110
100
0
0
50
50
100
100
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
3 Mo Avg
150
200
150
Prices
Number of Properties Sold
250
2015. May YTD sales of 1,089 are running 2.0% behind last
year's year-to-date sales of 1,111.
3 Mo Avg
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0