CAR ARCHIVED May 2017 | Page 20

Market Action Report
Lincoln
County: Lincoln
Agent Name
Market Action Report
County: Lincoln
May 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$345,475
-1%
-1%
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*:
$440,948 Trending
3%
3%
L3M -1%
PYM 26%
LY 1%
YTD
Prior YTD 18%
Prior Year 6%
-12%
$272,250
$345,475 -1%
-1%
$307,238 -5% 5% 25% 4%
$301,046
13%
2%
$440,948 3%
3%
372 6%
-6%
$259,250 -12% -1% 26% 1%
$272,250
18%
6%
116 43%
15%
472
33%
$307,238 -5% 5% 25% 4%
$301,046
13%
2%
55 -31% -19% -34% -24%
67 -32%
-7%
372 6%
-6%
$138
4%
1%
8%
8%
$137
8%
7%
116 43%
15%
472
33%
$127
1%
3%
19%
5%
$125
13%
3%
55 -31% -19% -34% -24%
67 -32%
-7%
3.2
-26%
-8%
-18%
-31%
3.9
-39%
-17%
$138 4% 1% 8% 8%
$137
8%
7%
1%
$127 96.7%
1% -.1%
3% .1%
19% 1.9%
5% 1.5% $125 96.5%
13% 2% 3%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median List Price of all Current Listings
May Ave rage 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
$259,250
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
3.2 -26% -8% -18% -31%
3.9 -39%
-17%
of 96.5%
Properties
96.7% -.1% .1% 1.9% Number
1.5%
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
160
May Property sales were 116, up 14.9% from 101 in May of 2016
140
and 43.2% higher than the 81 sales last month. May 2017 sales
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 160
120
May
sales
116, running
up 14.9%
from ahead
101 in May
of year's
2016
May Property
YTD sales
of were
472 are
32.6%
of last
140
and 43.2% higher than the 81 sales last month. May 2017 sales
year-to-date sales of 356.
100
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
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
| Price
c o Banker
ldw
e l l Brokerage
bank
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.
.
38
Median Sales Price and Average Sales Price
was Total
372, Inventory
up 6.3% from
350 last available
month and
from 395 700
The
of Properties
for down
sale as 5.8%
of May
in May
year.
Inventory
was at 5.8%
its lowest
level 700 600
was
372, of
up last
6.3%
from May
350 2017
last month
and down
from 395
with
May
of 2017
2016 Inventory
and 2015. was at its lowest level
in compared
May of last
year.
May
600 500
compared with May of 2016 and 2015.
500 400
400
300
A comparatively lower MSI is more beneficial for sellers while a 300 200
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
MSI is better
May 2017
MSI of
3.2 a 200
100
higher
MSI
is better
for buyers.
May 2017
MSI
of of
3.2 2016 and
months
was
at its lowest
level The
compared
with
May
100
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
20 |
112
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
12.0
12.0
10.0
8.0
Prices
The Median Sales Price in May was $259,250, up 25.5% from
Prices
$206,500 in May of 2016 and down 12.1% from $295,000 last
The
Median
Sales
Price Sales
in May
was in
$259,250,
25.5% from
month.
The
Average
Price
May was up
$307,238,
up
350
$206,500
in May
of 2016 in and
down
12.1%
from
$295,000
last
24.9% from
$245,989
May
of 2016
and
down
4.7% from
330
month.
The
Average
Sales
Price
in
May
was
$307,238,
up
$322,371 last month. May 2017 ASP was at the highest level
310
24.9%
from to
$245,989
May and
of 2016
compared
May of in
2016
2015. and down 4.7% from
290
$322,371 last month. May 2017 ASP was at the highest level
270
compared to May of 2016 and 2015.
250
230
210
190
170
150
J J
14
J J A S
14
350
330
310
290
270
250
230
210
190
170
150
J J
J J 14 A S
0
0
20
20
40
40
60
60
80
3 Mo Avg
80
100
Number of Properties Sold
120
were at their highest level compared to May of 2016 and 2015.
May YTD sales of 472 are running 32.6% ahead of last year's
year-to-date sales of 356.
3 Mo Avg
6.0
4.0
2.0
0.0
M A M
10.0
8.0
6.0
4.0
2.0
0.0