CAR ARCHIVED May 2017 | Page 31

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

County : Berkeley

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 274,900
-0%
14 %
Average List Price of all Current Listings
$ 397,348
-1%
14 %
May Median Sales Price
$ 236,615
3 %
3 %
6 %
7 %
$ 229,970
7 %
4 %
May Average Sales Price
$ 292,720
13 %
8 %
11 %
12 %
$ 266,969
5 %
2 %
Total Properties Currently for Sale ( Inventory )
958
3 %
6 %
May Number of Properties Sold
371
26 %
4 %
1,568
6 %
May Average Days on Market ( Solds )
47
18 %
-4% -28% -16%
50
-22%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 131
-1%
-2%
2 %
4 %
$ 134
8 %
6 %
May Sold Price per Square Foot
$ 127
3 %
4 %
8 %
8 %
$ 121
6 %
3 %
May Month ' s Supply of Inventory
2.6 -18% -9%
2 %
-13%
3.0
-13%
0 %
May Sale Price vs List Price Ratio
98.0 %
-. 9 %
. 3 %
. 6 %
. 4 %
97.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
450 May Property sales were 371 , up 3.9 % from 357 in May of 2016 and 26.2 % higher than the 294 sales last month . May 2017 sales
400 Property were at their Sales highest level compared to May of 2016 and 2015 . 450 350 May May Property YTD sales sales of were 1,568 371 are
, up running
3.9 % from
6.4 % 357 ahead in May of last of 2016 year ' s and 26.2 % higher than the 294 sales last month . May 2017 sales
400 300 year-to-date sales of 1,473 . were at their highest level compared to May of 2016 and 2015 . 350 250 May YTD sales of 1,568 are running 6.4 % ahead of last year ' s
300 year-to-date sales of 1,473 .
200
250 150
200 100
150 50
100
0 50 0
J Prices
14
The Median Sales Price in May was $ 236,615 , up 6.1 % from
Prices $ 223,000 in May of 2016 and up 3.3 % from $ 228,973 last 290 The month Median . The Sales Average Price Sales in May Price was in $ 236,615 May was , up $ 6.1 292,720 % from , up 11.4 % $ from 223,000 $ 262,870 in May in of May 2016 of and 2016 up and 3.3 % up from 13.5 $ % 228,973 from $ last 257,944 last 290
270 month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 292,720 compared , up 11.4 to % May from $ 262,870 in May of 2016 and up 13.5 % from $ 257,944 last 270 250 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May 250 230
of 2016 and 2015 .
230 210

Berkeley

Agent Name
Title Phone Website Other

Community Information | School District

210 190
190 170
170 150
150
288 267 257 264 259
Number of Properties Sold
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
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 Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
288 267 257 264 259 242 261 188 222 292 296 284 329 344 303 326 248 252 300 211 236 345 324 357 389 369 342 340 287 292 336 258 298 347 294 371
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 958 , Inventory up 3.0 % from of Properties 930 last available month and for sale up 5.5 as % of from May 908 in
1,400 was
May 958 of , last up 3.0 year %. from May 930 2017 last Inventory month and was up at 5.5 a % mid from level 908 in
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
May compared of last year with . May 2017 of 2016 Inventory and 2015 was . at a mid level compared with May of 2016 and 2015 .
1,2001,000
1,000
800
6.0
5.0
800
600
4.0
A comparatively lower MSI is more beneficial for sellers while a
600
3.0
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial May 2017 for sellers MSI of while 2.6 a
400
2.0 higher months MSI was is better at a mid for level buyers compared . The May with 2017 May MSI of of 2016 2.6 and 2015 .
200 months was at a mid level compared with May of 2016 and 2015 .
200
1.0
0
0
0.0
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 A M
14
15
16
17
14
15
16
17
242 261 188
1,176 1,197 1,236 1,164 1,113 1,132 1,098 1,120 1,107 1,144 1,170 1,189 1,223 1,214 1,149 1,170 1,112 1,049 976 1,007
222 292 296
Number of Properties Sold
284 329 344 303 326 248 252 300 211 236 345 324 357 389 369 342 340 287 292
3 Mo Avg
336
3 Mo Avg
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
1,176 1,197 1,236 1,164 1,113 1,132 1,098 1,120 1,107 1,144 1,170 1,189 1,223 1,214 1,149 1,170 1,112 1,049 976 1,007 951 979 950 908
951 979 950 908 913 907 901 885 898 861 847 857 919 973 930 958 258 298
913 907 901 885 898 861 847 857 919 973
3 Mo Avg
347 294
930 958
371
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charleston Trident Association of REALTORS , Piedmont Regional Association of REALTORS and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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