CAR ARCHIVED May 2017 | Page 12

Market Action Report
May 2017
County: Union
UNION
Market Action Report
Agent Name
May 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
County: Union Information | School District
Community
-3%
-5%
Trending versus*:
Trending versus*:
Average List Price of all Current Listings
$1,480,087
-1%
-6%
Market Profile & Trends Overview
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
May Median
Sales
Price
$1,400,000
9%
6%
Median
List Price
of all
Current Listings
$1,325,000
-3% 8% 11%
-5% 27% 17% $1,265,000
May
Average
Sales
Price
$1,397,076
1%
7%
25%
4%
$1,298,354
1%
-3%
Average List Price of all Current Listings
$1,480,087 -1%
-6%
Total
Properties
for Sale (Inventory)
May
Median
Sales Currently
Price
$1,400,000 66
8% 14%
11% 27% -8%
17% $1,265,000
9%
6%
May Average
Number
of Properties
Sold
9 50%
33
May
Sales
Price
$1,397,076 1%
7% 25% 50%
4% $1,298,354
1% 74% -3%
May Properties
Average Days
on Market
(Solds)
17 -90% -81%
95
-2%
3%
Total
Currently
for Sale
(Inventory)
66 14%
-8% -74% -82%
Asking
Price of per
Square Foot
$201
1%
May
Number
Properties
Sold (based on New Listings)
9 50% -11% -5%
50% -18% -10%
33 $226
74% 5%
May
Days per
on Square
Market Foot
(Solds)
17
-90% 22%
-81% 3%
-74% 7%
-82% -1%
95 $193
-2% 1% 3%
May Average
Sold Price
$199
-4%
Asking
Price per Supply
Square of Foot
(based on New Listings)
$201 -11%
-5% -16%
-18% -39%
-10% -45% $226
5% -35% 1% -35%
May Month's
Inventory
7.3 -24%
8.6
May
Sold
Price
per
Square
Foot
$199
22%
3%
7%
-1%
$193
1% -6% -4% -2%
May Sale Price vs List Price Ratio
97.8% 14.3% 4.5% -.9% 3.3%
92.8%
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 7.3 -24% -16% -39% -45%
May
Month's
Supply 3 Months
of Inventory
8.6 -35%
-35%
May Sale Price vs List Price Ratio
97.8% 14.3% 4.5% -.9% Number
3.3%
92.8%
-6%
of Properties Sold -2%
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
6
3 Mo Avg
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
14
15
16
17
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
Median Sales Price 16
and Average Sales Price 17
Prices
The Median Sales Price in May was $1,400,000, up 27.3% from
Prices
$1,100,000
in May
of in
2016
8.0% from up $1,296,500
2,200
The
Median Sales
Price
May and
was up
$1,400,000,
27.3% from last
month. The
Sales and
Price
in May
was $1,296,500
$1,397,076,
up
$1,100,000
in Average
May of 2016
up 8.0%
from
last
2,200
25.1% from
$1,116,922
May in
of May
2016 was
and
up 1.2% from
2,000
month.
The Average
Sales in Price
$1,397,076,
up
$1,380,917
last month.
May of 2017
at the
highest level 2,000
25.1%
from $1,116,922
in May
2016 ASP
and was
up 1.2%
from
1,800
compared to May of 2016 and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,600
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 14 A S O N D J F M
15 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 17 M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Copyright
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
12
| © Coldwell
coldwellbankerluxury.com
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
all relevant
real estate
Coldwell Coldwell
Banker Residential
Brokerage Brokerage
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc. may
and not
may
not reflect
all relevant
real activity.
estate activity.
Banker Residential
does
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.
does not not
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.
60.0
60.0
50.0
50.0
40.0
80
70
60
50
40
30
20
10
0
J A F M
M J A J M A J S J O A N S D O J N F D M J A F M M J A J M
J N
A D S O
D A J M F
J J J A J S A O S N O
D N J D
F M
A J S O
J F N M
16
17
14 14
15 15
16
17
Inventory & MSI
Inventory
& MSI of Properties available for sale as of May
The Total Inventory
The Total Inventory of Properties available for sale as of May
was 66, up 13.8% from 58 last month and down 8.3% from 72 in
was 66, up 13.8% from 58 last month and down 8.3% from 72 in 80
May of last year. May 2017 Inventory was at a mid level
70
May of last year. May 2017 Inventory was at a mid level
compared with May of 2016 and 2015.
compared with May of 2016 and 2015.
60
50
40
30
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
20
higher MSI
MSI
better
buyers.
May
2017
of 7.3
higher
is is
better
for for
buyers.
The The
May
2017
MSI MSI
of 7.3
months was
was
lowest
level
compared
with
of 2016
months
at at
its its
lowest
level
compared
with
May May
of 2016
and and 10
2015.
0
2015.
$1,380,917 last month. May 2017 ASP was at the highest level
compared to May of 2016 and 2015.
0
0
2 2
4 4
6
Num ber of Properties Sold
14
May Property sales were 9, up 50.0% from 6 in May of 2016 and
50.0% higher
than the 6 sales last month. May 2017 sales were
Property
Sales
14 12
at their
highest
level
compared
to May
and
2015. and
May
May
Property
sales
were
9, up 50.0%
from of 6 2016
in May
of 2016
YTD sales
of than
33 are
73.7%
ahead
of last
50.0%
higher
the running
6 sales last
month.
May
2017 year's
sales year-to-
were
12 10
of 19.
at date
their sales
highest
level compared to May of 2016 and 2015. May
10 8
YTD sales of 33 are running 73.7% ahead of last year's year-to-
date sales of 19.
8 6
Property Sales
$1,325,000
Trending versus*:
Prior YTD Prior Year
YTD
Market Profile & Trends Overview
Price Range: $1,000,000 and Up | Properties: SFH - Con
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
40.0
30.0 30.0
20.0 20.0
10.0 10.0
0.0
M A M
0.0