Market Action Report November 2016
Community Information | School District
Market Action Report November 2016
County : Catawba
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 |
$ 286,615 |
-3% |
|
11 % |
|
|
|
|
Average List Price of all Current Listings |
$ 387,942 |
0 % |
|
7 % |
|
|
|
|
November Median Sales Price |
$ 183,250 |
-15% |
0 % |
35 % |
15 % |
$ 180,000 |
13 % |
13 % |
November Average Sales Price |
$ 225,312 |
-9% |
-5% |
20 % |
2 % |
$ 243,685 |
9 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
348 |
-9% |
|
-18% |
|
|
|
|
November Number of Properties Sold |
64 |
14 % |
|
28 % |
|
767 |
12 % |
|
November Average Days on Market ( Solds ) |
96 |
17 % |
16 % |
3 % |
-13% |
89 |
-18% |
-19% |
Asking Price per Square Foot ( based on New Listings ) |
$ 108 |
-11% -5% |
-6% |
-6% |
$ 120 |
4 % |
4 % |
November Sold Price per Square Foot |
$ 99 |
-14% -6% |
2 % |
2 % |
$ 107 |
10 % |
10 % |
November Month ' s Supply of Inventory |
5.4 -20% -8% -36% -28% |
6.4 |
-16% |
-15% |
November Sale Price vs List Price Ratio |
92.4 % -1.3% -1.7% -1.5% |
. 8 % |
94.0 % |
2 % |
3 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
120 November Property sales were 64 , up 28.0 % from 50 in November of 2015 and 14.3 % higher than the 56 sales last Property Sales
100 month . November 2016 sales were at their highest level 120 November compared Property to November sales were of 2015
64 , and up 28.0
2014
% . from November
50 in YTD sales
November of 2015 and 14.3 % higher than the 56 sales last
80 of 767 are running 11.6 % ahead of last year ' s year-to-date sales 100 month . November 2016 sales were at their highest level of 687 . compared to November of 2015 and 2014 . November YTD sales
80
60 of 767 are running 11.6 % ahead of last year ' s year-to-date sales of 687 .
60 40
Catawba
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
40 20
42 34 34 37 43 45 57 55 54 61 57 38 77 41 51 61 62 73 79 72 69 63 66 50 64 33 43 64 77 74 96 93 93 74 56 64
456
42 34 34 37
458
475 456
499 458
475 545
541 499
43 45
20 0 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
0 13 14 15
16 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
Prices Median Sales Price and Average Sales Price
13 14 15
16
3 Mo Avg The Median Sales Price in November was $ 183,250 , up 34.6 % Prices
300 from $ 136,188 in November of 2015 and down 14.9 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 215,250 Median last Sales month Price . in The November Average was Sales $ 183,250 Price in , up November 34.6 % was
280
300 from $ 225,312 $ 136,188 , up in 20.1 November % from $ of 187,652 2015 and in November down 14.9 % of from 2015 and 260 $ 215,250 last month . The Average Sales Price in November was
280 down 8.6 % from $ 246,406 last month . November 2016 ASP 240 $ 225,312 , up 20.1 % from $ 187,652 in November of 2015 and 260 was at a mid range compared to November of 2015 and 2014 . 220 down 8.6 % from $ 246,406 last month . November 2016 ASP 240
200 was at a mid range compared to November of 2015 and 2014 . 220
180 200
160 180
140
160 140
120
120 100
100 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 13F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M 16 A M J J A S O N 13 14
15 16
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 348 of , down Properties 9.1 % available from 383 for last sale month as of and down 700
16.0
November 17.5 % from was 422 348 in , down November 9.1 % from of last 383 year last . November month and down 2016 700 600
16.0 14.0
17.5 Inventory % from 422 was in at November its lowest level of last compared year . November with November 2016 of 600 14.0
500 12.0
Inventory 2015 and was 2014 at . its lowest level compared with November of 500
12.0 10.0
2015 and 2014 . 400
10.0 400
8.0 300
8.0
A comparatively lower MSI is more beneficial for sellers while a 300
6.0
200 6.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 5.4 4.0
200 higher MSI is better for buyers . The November 2016 MSI of 5.4
4.0 months was at its lowest level compared with November of 2015
100 2.0 months was at its lowest level compared with November of 2015 100
2.0 and 2014 .
0 0.0 and 2014 . 0
0.0 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 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 13 14
15 16
13 14 15
16
57 55 54
565 545
588 541
578 565
554 588
540 578 554
61
535
485 57 38 77 41 51 61 62 73 79 72 69
540
465 535
460
485 483
465 479
460 486
483 494
479 464
486
468 455
494
409
464
422 468
403 455
398 409
377 422
373 403
408 398
377 462
373 462
456 408
436 462
406 462 383 456
348 436
63 66 50 64 33 43 64 77 74 96 93
406 93 383
74
348 56 64
10 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : 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 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 .