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