CAR ARCHIVED November 2016 | Page 22

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

County : Mecklenburg

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
$ 349,500
3 %
28 %
Average List Price of all Current Listings
$ 488,179
3 %
21 %
November Median Sales Price
$ 220,500
3 %
-1%
5 %
8 %
$ 218,725
7 %
7 %
November Average Sales Price
$ 286,843
5 %
1 %
9 %
9 %
$ 281,130
6 %
7 %
Total Properties Currently for Sale ( Inventory )
3,000 -15%
-23%
November Number of Properties Sold
1,428
-6%
24 %
17,892
6 %
November Average Days on Market ( Solds )
42
0 %
5 %
-19% -21%
44
-17%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 136
-1%
-2%
11 %
5 %
$ 138
6 %
6 %
November Sold Price per Square Foot
$ 129
2 %
1 %
8 %
8 %
$ 128
7 %
7 %
November Month ' s Supply of Inventory
2.1
-9%
-4% -38% -28%
2.3
-23%
-21%
November Sale Price vs List Price Ratio
97.0 %
-. 1 %
-. 2 % 1.0 % 1.0 %
97.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
2,500 November Property sales were 1,428 , up 24.4 % from 1,148 in November of 2015 and 5.9 % lower than the 1,517 sales last Property month . November Sales 2016 sales were at their highest level 2,5002,000 November compared Property to November sales were of 2015
1,428 and
, up 2014 24.4
. % November from 1,148 YTD in sales
November of 2015 and 5.9 % lower than the 1,517 sales last of 17,892 are running 6.3 % ahead of last year ' s year-to-date month . November 2016 sales were at their highest level 2,0001,500 sales of 16,831 . compared to November of 2015 and 2014 . November YTD sales of 17,892 are running 6.3 % ahead of last year ' s year-to-date
1,5001,000 sales of 16,831 .

Mecklenburg

Agent Name
Title Phone Website Other

Community Information | School District

1,000 500
Number of Properties Sold
500
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 $ 220,500 , up 4.8 %
Prices from $ 210,426 in November of 2015 and up 2.6 % from 290 Median Sales Price and Average Sales Price
3 Mo Avg
The $ 215,000 Median last Sales month Price . in The November Average was Sales $ 220,500 Price in , up November 4.8 % was from $ 286,843 $ 210,426 , up in 9.0 November % from $ of 263,261 2015 and in November up 2.6 % from of 2015 and up 290
270
$ 5.3 215,000 % from last $ 272,343 month . The last Average month . Sales November Price in 2016 November ASP was was at $ 286,843 , up 9.0 % from $ 263,261 in November of 2015 and up 270 250 the highest level compared to November of 2015 and 2014 . 5.3 % from $ 272,343 last month . November 2016 ASP was at 250 230
the highest level compared to November of 2015 and 2014 .
230 210
210 190
190 170
1,206 999 887
1,206 999 887 1,222 1,385 1,595 1,677 1,661 1,566 1,425 1,365 1,073 1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,460 1,148 1,506 954 1,177 1,571 1,711 1,842 2,183 1,767 1,963 1,779 1,517 1,428
170 150
150 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 3,000 of Properties , down 14.7 available % from for 3,519 sale last of month and 7,000
6.0
November down 22.6 was % from 3,0003,877 , down in 14.7 November % from 3,519 of last last year month . November and 7,0006,000 6.0
5.0 down 201622.6 Inventory % from was 3,877 at in its November lowest level of last compared year . November with November 6,0005,000
5.0 2016 of 2015 Inventory and 2014 was . at its lowest level compared with November
4.0 5,000 of 2015 and 2014 . 4,000
4.0
4,000 3.0
3,000 3.0
A comparatively lower MSI is more beneficial for sellers while a 3,000 2.0
2,000 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 2.1
2.0
2,000 higher months MSI was is better at its lowest for buyers level . The compared November with 2016 November MSI of of 2.12015
1,000 1.0
1.0 months was at its lowest level compared with November of 2015
1,000 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
4,888
4,780
5,017 4,888
5,254 4,780
5,676 5,017 1,222 1,385 1,595 1,677 1,661 1,566
5,254 5,676 5,776 5,744 5,661 5,514
1,425 1,365
5,776 5,744 5,661 5,514 5,321 5,133
4,761 4,234 4,064
Number of Properties Sold
1,073 1,399 1,016 1,032 1,508 1,593 1,742 2,118 1,880 1,727 1,607 1,460
5,321 5,133
4,761 4,234 4,064 4,096 4,339 4,486 4,563 4,536 4,672 4,524 4,428 4,300
3,877 1,148
4,096 4,339 4,486 4,563 4,536 4,672 4,524 4,428 4,300
3,877 3,410 3,362 3,238 3,452 1,506 954 1,177 1,571 1,711 1,842
3 Mo Avg
2,183
3,623 3,802 3,889 3,930 3,829 3,775 3,519
3,000
1,767 1,963
3,410 3,362 3,238 3,452 3,623 3,802 3,889 3,930 3,829 3,775
3 Mo Avg
1,779 1,517
3,519 3,000
1,428
22 | 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 .