CAR ARCHIVED November 2016 | Page 12
Market Action Report
County: Davidson
Davidson
Agent Name
Market Action Report
County: Davidson
November 2016
Title
Phone
Agent
Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$188,700
-5%
11%
November 2016
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of- Con
all Current Listings
Price
Range: AllList
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$249,303 Trending
-0% versus*:
10%
L3M 1%
PYM 13%
LY 14% YTD
Prior YTD 6%
Prior Year 7%
0%
$146,245
$188,700 -5%
11%
$164,018 -7% -6% -10% 2%
$173,037
7%
8%
$249,303 -0%
10%
700 0%
-16%
$156,000 0% 1% 13% 14%
$146,245
6%
7%
116 -9%
57%
1,434
16%
$164,018 -7% -6% -10% 2%
$173,037
7%
8%
81 4% -4% -26% -29%
97 -16%
-15%
700 0%
-16%
$92
-2%
-10%
3%
0%
$98
5%
7%
116 -9%
57%
1,434
16%
$87
-10%
-3%
5%
9%
$88
10%
10%
81 4% -4% -26% -29%
97 -16%
-15%
6.0
$92 6.0
-2% 10%
-10% 9%
3% -46%
0% -31%
$98
5% -32% 7% -31%
$8792.8%
-10% .9%
-3% .0%
5% 2.4%
9% 1.6%
$88 92.6%
10% 1% 10% 1%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median List Price of all Current Listings
November Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
November Median Sales Price
November Number of Properties Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
Month
LM
$156,000
NovemberSold
SalePrice
Price
vsSquare
List Price
November
per
FootRatio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
6.0 10% 9% -46% -31%
6.0 -32%
-31%
of 92.6%
Properties
92.8% .9% .0% 2.4% Number
1.6%
1%Sold 1%
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales
200
November Property sales were 116, up 56.8% from 74 in
180
November of 2015 and 8.7% lower than the 127 sales last month.
Property
Sales
November 2016 sales were at their highest level compared to 200 160
November
Property
were 116,
up 56.8%YTD
fromsales
74 inof 1,434 are
November
of 2015sales
and 2014.
November
180 140
November of 2015 and 8.7% lower than the 127 sales last month.
running 16.4% ahead of last year's year-to-date sales of 1,232. 160 120
13 14
116
127
145
3 Mo Avg
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
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 M J J A S O N
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
832 968
947
789
760 892
715 832
756 789
764760
776
715
755756
751764
757776
729 755
699
751
700
757
968 999
947 987
892 973
1,099
1,136
1,154
1,116
1,179
1,136
1,194
1,154
1,190
1,179
1,1411,194
1,113 1,190
1,062 1,141
960
1,113
943
1,062
898
960
922
943
963
898
999
922
987
963
973
1,072
1,085
1,072
1,099
1,085
1,116
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c oBanker
ldw
e l lBrokerage
b a n k| Price
e rRange:
h o All
m|eProperty
s cTypes:
o mSFH - 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 isresponsibility
the responsibility
any or
buyer
ortoseller
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of anyofbuyer
seller
verifytoany
andany
all information
relevant relevant
to such consumer’s
real estatereal
transaction.
.
116
127
145
149
154
176
148
123
129
97
70
115
74
106
128
137
152
134
123
109
126
67
Median Sales Price and Average Sales Price
1,400
November
was 700,
0.1% from
699 last
The
Total Inventory
of up
Properties
available
formonth
sale as and
of down
1,4001,200
15.9% from
inup
November
of699
lastlast
year.
November
2016
November
was832
700,
0.1% from
month
and down
Inventory
was in
at November
its lowest level
with November
of 1,2001,000
15.9%
from 832
of lastcompared
year. November
2016
Inventory
at its lowest level compared with November of
2015 andwas
2014.
1,000 800
2015 and 2014.
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
Ahigher
comparatively
lower for
MSIbuyers.
is more The
beneficial
for sellers
MSI is better
November
2016while
MSI aof 6.0400
200
higher
MSI
is better
for buyers.
November
MSI of of
6.02015
months
was
at its lowest
level The
compared
with2016
November
200
months
was at its lowest level compared with November of 2015
0
and 2014.
0
and 2014.
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
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
13 14
15
16
13 14
15
16
12 |
149
154
176
148
123
129
97
115
70
106
74
128
137
152
134
123
109
126
67
108
76
100
104
112
108
118
122
97
97
87
62
111
76
108
100
111
104
112
108
118
122
97
97
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
15
16
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
Median 15
Sales Price and Average16Sales Price
3 Mo Avg
20.0
20.0
15.0
729
699
700
The Median Sales Price in November was $156,000, up 13.5%
Prices
from $137,500 in November of 2015 and equal to $156,000 last
The
Median
Sales
Price Sales
in November
$156,000,
13.5%
month.
The
Average
Price inwas
November
wasup$164,018,
200
from
$137,500
in November
2015
and equal
to $156,000
last
down
10.1% from
$182,498ofin
November
of 2015
and down
190
month.
The