CAR ARCHIVED November 2016 | Page 14

Market Action Report November 2016
Community Information | School District
Market Action Report November 2016

County : Davie

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
$ 239,900
7 %
12 %
Average List Price of all Current Listings
$ 307,809
-1%
9 %
November Median Sales Price
$ 211,750
5 %
1 %
46 %
25 %
$ 178,000
6 %
5 %
November Average Sales Price
$ 205,848
-6%
-7%
24 %
2 %
$ 205,607
3 %
2 %
Total Properties Currently for Sale ( Inventory )
256
-9%
-23%
November Number of Properties Sold
38 -14%
58 %
485
10 %
November Average Days on Market ( Solds )
118
62 %
24 %
69 %
-5%
108
-14%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 104
0 %
3 %
8 %
5 %
$ 103
3 %
4 %
November Sold Price per Square Foot
$ 88
-10% -6%
12 %
-2%
$ 90
0 %
0 %
November Month ' s Supply of Inventory
6.7
5 %
-1% -51% -28%
6.9
-26%
-27%
November Sale Price vs List Price Ratio
91.1 % -3.9% -2.0% -. 8 % -1.2%
93.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales November Property sales were 38 , up 58.3 % from 24 in November of 2015 and 13.6 % lower than the 44 sales last month . Property November Sales 2016 sales were at their highest level compared to 70 November November
Property of 2015 sales and 2014 were
. 38 November , up 58.3 % YTD from sales 24 in of 485 are November of 2015 and 13.6 % lower than the 44 sales last month . running 9.7 % ahead of last year ' s year-to-date sales of 442 .
60
November 2016 sales were at their highest level compared to November of 2015 and 2014 . November YTD sales of 485 are 50 running 9.7 % ahead of last year ' s year-to-date sales of 442 . 40 30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
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 $ 211,750 , up 45.5 %
Prices
250 from $ 145,500 in November of 2015 and up 4.8 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 202,125 Median last Sales month Price . in The November Average was Sales $ 211,750 Price in , up November 45.5 % was
230
250 from
$ 205,848 $ 145,500 , up in 24.2 November % from $ of 165,673 2015 and in up November 4.8 % from of 2015 and
210
$ 202,125 last month . The Average Sales Price in November was
230 down 6.4 % from $ 219,856 last month . November 2016 ASP was
190
$ 205,848 , up 24.2 % from $ 165,673 in November of 2015 and
210 at a mid range compared to November of 2015 and 2014 .
170 down 6.4 % from $ 219,856 last month . November 2016 ASP was
190
150 at a mid range compared to November of 2015 and 2014 .
170
130
150
110
130
90
110
90
70
70
50
50
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
The
November Total Inventory was 256 of , down Properties 9.2 % available from 282 for last sale month as of and down
500
November
22.7 % from was 331 256 in , down November 9.2 % from of last 282 year last . November month and 2016 down
500
400
22.7
Inventory % from was 331 in at November its lowest level of last compared year . November with November 2016 of
400
Inventory
2015 and was 2014 at . its lowest level compared with November of
300
2015 and 2014 .
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
15.0
25.0
20.0
15.0
200
10.0
A comparatively lower MSI is more beneficial for sellers while a
200
10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 6.7
100 higher months MSI was is better at its lowest for buyers level . The compared November with 2016 November MSI of of 6.72015
100
5.0 months and 2014 was
. at its lowest level compared with November of 2015
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
5.0
0.0
33 26 19 25 41 31 47 49 56 36 40 28 33 30 29 35 40 49 53 58 43 43 38 24 32 36 36 39 48 39 65 56 47 37 44 38
373

Davie

33 26 19
Agent Name
Title Phone Website Other

Community Information | School District

25 41 31 47 49 56 36 40 28
Number of Properties Sold
33 30 29 35
393
387 373
415 393
407 387
432 415
430 407
434 432
431 430
439 434
450 431
432 439
382 450 357 432
347 382
348 357
349 347
343
348 369
349 367 343 369 373
369
348
367
331 369
305 373
302 348
294 331
311 305
312 302
308 294
300 311
302 312
300 308
270 300 282 302
256 300
40 49 53 58 43 43 38 24 32 36 36 39 48 39
3 Mo Avg
65 56
270 47
282
3 Mo Avg
37
256 44 38
14 | 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 .