CAR ARCHIVED May 2017 | Page 6

DAVIDSON

Community Information | School District
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
$ 1,290,000
-0%
-7%
Average List Price of all Current Listings
$ 1,263,333
-2%
-8%
May Median Sales Price
$ 0
-100% -100%
-100%
$ 1,050,000
0 %
-5%
May Average Sales Price
$ 0
-100% -100%
-100%
$ 1,050,000
0 %
-5%
Total Properties Currently for Sale ( Inventory )
3
50 %
-25%
May Number of Properties Sold
0 -100%
1
0 %
May Average Days on Market ( Solds )
0 -100% -100%
-100%
33
-88%
-77%
Asking Price per Square Foot ( based on New Listings )
$ 237
0 %
14 %
0 %
-4%
$ 207
-23%
-17%
May Sold Price per Square Foot
$ 0
-100% -100%
-100%
$ 159
-25%
-26%
May Month ' s Supply of Inventory
0.0 -100% -100%
0 %
-100%
2.0
-50%
-56%
May Sale Price vs List Price Ratio
0.0 % -100.0% -100.0%
-100.0%
87.5 %
25 %
15 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales May Property sales were 0 , up from 0 in May of 2016 and 100.0 % lower than the 1 sales last month . May 2017 sales were at their lowest level compared to May of 2016 and 2015 . May YTD sales of 1 are running equal to last year ' s year-to-date sales of 1 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in May was $ 0 , up from $ 0 in May of 2016 and down 100.0 % from $ 1,050,000 last month . The Average Sales Price in May was $ 0 , up from $ 0 in May of 2016 and down 100.0 % from $ 1,050,000 last month . May 2017 ASP was at a mid range compared to May of 2016 and 2015 .
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
0 14 15
16 17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,200 1,180 1,160 1,140 1,120 1,100 1,080 1,060 1,040 1,020 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
14
15
16
17
0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0
Inventory & MSI The Total Inventory of Properties available for sale as of May was 3 , up 50.0 % from 2 last month and down 25.0 % from 4 in May of last year . May 2017 Inventory was at its lowest level compared with May of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2017 MSI of 0.0 months was at a mid level compared with May of 2016 and 2015 .
16 14 12 10 8 6 4 2 0
16 14 12
15 15
10 8 6 4 2 0
J 14
15 14
15
15 14 14
15
Total Inventory & Month ' s Supply of Inventory ( MSI )
12 14 11
12 10
11 9
10 7
9 6
7 4
6 3
4 5
5
4 4
3
4 4 4 4
4 4
3 3
1 1
6 6
4
4 4 5 5
4 5
3
3 4
3 4
0.0
J JA JS AO SN OD NJ
DF MJ AF M JA JM AJ SJ OA NS DO J NF DM JA FM MJ AJ MA JS OJ NA DS OJ
FN MD AJ
MF M A M 14
15 15
16 16
17 17
1
3 3 4 4
1
6 6
5 5 5
3 2
4 3
4
6.0 5.0
4.0 3.0 2.0 1.0
2
3
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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