CAR ARCHIVED November 2016 | Page 26

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

County : Union

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
$ 403,880
0 %
23 %
Average List Price of all Current Listings
$ 504,145
0 %
19 %
November Median Sales Price
$ 260,000
-4%
-1%
10 %
11 %
$ 259,500
10 %
10 %
November Average Sales Price
$ 311,852
-6%
-4%
16 %
7 %
$ 319,099
9 %
10 %
Total Properties Currently for Sale ( Inventory )
868
-9%
-18%
November Number of Properties Sold
296 -13%
27 %
3,765
10 %
November Average Days on Market ( Solds )
52
4 %
0 %
-25% -24%
56
-18%
-18%
Asking Price per Square Foot ( based on New Listings )
$ 117
-4%
-3%
2 %
3 %
$ 121
6 %
6 %
November Sold Price per Square Foot
$ 114
-2%
-1%
10 %
9 %
$ 113
8 %
8 %
November Month ' s Supply of Inventory
2.9
4 %
5 %
-35% -25%
3.2
-20%
-19%
November Sale Price vs List Price Ratio
97.1 %
. 2 %
. 1 %
1.4 % 1.6 %
97.0 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales 500
November Property sales were 296 , up 27.0 % from 233 in 450
Number of Properties Sold
3 Mo Avg
November of 2015 and 12.9 % lower than the 340 sales last Property month . November Sales 2016 sales were at their highest level 500 400 November compared Property to November sales were of 2015
296 and , up 27.0
2014 % . from November
233 in
YTD sales 450 350 November of 2015 and 12.9 lower than the 340 sales last of 3,765 are running 10.2 % ahead of last year ' s year-to-date month . November 2016 sales were at their highest level 400 300 sales of 3,417 . compared to November of 2015 and 2014 . November YTD sales 350 250 of 3,765 are running 10.2 % ahead of last year ' s year-to-date
300 200 sales of 3,417 .
250 150
200 100
150 50 100
0
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
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 $ 260,000 , up 10.2 % Prices
400 from $ 236,000 in November of 2015 and down 4.4 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 271,950 Median last Sales month Price . in The November Average was Sales $ 260,000 Price in , November up 10.2 % was
400 from $ 311,852 $ 236,000 , up 16.3 in November % from $ 268,148 of 2015 and in November down 4.4 % of from 2015 and 350 $ down 271,950 5.8 last % from month $ 331,192 . The Average last month Sales . Price November in November 2016 ASP was was $ 311,852 , up 16.3 % from $ 268,148 in November of 2015 and 350 at the highest level compared to November of 2015 and 2014 . 300 down 5.8 % from $ 331,192 last month . November 2016 ASP was
at the highest level compared to November of 2015 and 2014 . 300 250
250 200

Union

280 191
280 191 184 262 277 282 431 389 406 329 311 238 286 178 203 308 308 365 434 404 358 325 301 233 296 172 203 304 349 428 464 421 395 393 340 296
200 150
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 868 of , down Properties 9.1 % available from 955 for last sale month as of and down 1,600 November 18.0 % from was 1,058 868 , in down November 9.1 % from of 955 last last year month . November and down 2016 1,6001,400
8.0
18.0 Inventory % from was 1,058 at in its November lowest level of last compared year . November with November 2016 of 1,4001,200 7.0
Inventory 2015 and was 2014 at . its lowest level compared with November of 1,2001,000 6.0
2015 and 2014 .
1,000 800 5.0
800 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 600 3.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 2.9 400 higher MSI is better for buyers . The November 2016 MSI of 2.9 400
2.0 months was at its lowest level compared with November of 2015 200 months was at its lowest level compared with November of 2015 200
1.0 and 2014 .
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
1,232 1,225 1,248 1,320 1,372 1,416
Agent Name
184
Title Phone Website Other

Community Information | School District

262
1,232 1,225 1,248 1,320 277 282 431 389 406
1,372 1,416 1,478 1,420 1,418 329 311
1,478 1,420 1,418 1,327 1,265 1,183
1,086
Number of Properties Sold
238 286 178 203 308 308 365 434 404 358 325
1,327 1,265 1,183 1,086 1,084 1,096 1,150 1,217 1,237 1,231 1,259 1,199 1,169 1,124 301 233
1,084 1,096 1,150 1,217 1,237 1,231 1,259 1,199 1,169 1,124 1,058 940 950
941 1,058
978 296 172 203 304 349 428 464
1,025 1,063 1,119 1,134 1,064 1,033 955
868
421 395
940 950 941 978 1,025 1,063 1,119 1,134 1,064 1,033
3 Mo Avg
393 340
955 868
296
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
26 | 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 .