CAR ARCHIVED November 2016 | Page 28

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

County : Yadkin

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
$ 177,000
3 %
1 %
Average List Price of all Current Listings
$ 227,210
3 %
13 %
November Median Sales Price
$ 159,900
3 %
14 %
49 %
29 %
$ 130,000
9 %
5 %
November Average Sales Price
$ 206,877
21 %
22 %
9 %
44 %
$ 148,861
4 %
3 %
Total Properties Currently for Sale ( Inventory )
109
-6%
-25%
November Number of Properties Sold
13 -32%
18 %
159
19 %
November Average Days on Market ( Solds )
95
61 %
14 %
-4%
-18%
117
-2%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 83
-6% -15% -7%
-11%
$ 98
4 %
5 %
November Sold Price per Square Foot
$ 99
12 %
12 %
37 %
34 %
$ 83
14 %
12 %
November Month ' s Supply of Inventory
8.4
37 %
21 % -36% -38%
10.5
-23%
-23%
November Sale Price vs List Price Ratio
91.2 % -3.1% -1.7% 16.8 % 4.3 %
91.1 %
4 %
4 %
* 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 13 , up 18.2 % from 11 in November of 2015 and 31.6 % lower than the 19 sales last month . Property November Sales 2016 sales were at a mid level compared to 25 November November
Property of 2015 sales and 2014 were
. 13 November , up 18.2 % YTD from sales 11 in of 159 are November of 2015 and 31.6 % lower than the 19 sales last month . running 18.7 % ahead of last year ' s year-to-date sales of 134 . November 2016 sales were at a mid level compared to
20
November of 2015 and 2014 . November YTD sales of 159 are running 18.7 % ahead of last year ' s year-to-date sales of 134 .
15
25
20
15
10

Yadkin

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
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 $ 159,900 , up 49.4 % Prices
250 from $ 107,000 in November of 2015 and up 3.2 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 155,000 Median last Sales month Price . in The November Average was Sales $ 159,900 Price in , up November 49.4 % was
230
250 from $ 206,877 $ 107,000 , up in 9.1 November % from $ 189,605 of 2015 in and November up 3.2 % from of 2015 and up 210 $ 155,000 last month . The Average Sales Price in November was
230 21.1 % from $ 170,792 last month . November 2016 ASP was at 190 $ 206,877 , up 9.1 % from $ 189,605 in November of 2015 and up 210 the highest level compared to November of 2015 and 2014 . 170 21.1 % from $ 170,792 last month . November 2016 ASP was at 190
150 the highest level 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 109 of , down Properties 6.0 % available from 116 for last sale month as of and down 200
50.0
November 24.8 % from was 145 109 in , down November 6.0 % from of last 116 year last . month November and down 2016 200 50.0
40.0 24.8 Inventory % from was 145 in at November its lowest level of last compared year . November with November 2016 of 150
40.0 Inventory 2015 and was 2014 at . its lowest level compared with November of 150
30.0 2015 and 2014 .
100 30.0
100 20.0
A comparatively lower MSI is more beneficial for sellers while a 20.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 8.4 50 higher MSI is better for buyers . The November 2016 MSI of 8.4 50
10.0 months was at a mid level compared with November of 2015 and
10.0 months 2014 . was at a mid level compared with November of 2015 and 0 0.0
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
9 154
13 9 13 7
7 9 10
9 7
10
14 7 14 6 12
153
146 154
157 153
161 146
169 157
159 161
162 169
176 159
170 162
169 176
12 19 19 14
6 12 12 19 19 14 9 7
9 7 12 11 15
12 11 15 15 8
15 8
16 16 14 11 10 3 16 14 14 13 18 20 12 17 19 13
157 170
148 169 151 157
144
148 151
151 158 144 158
151
147 158 172 158 159 156
147
144
172
145 159
134 156
133 144
128 145
115 134
103 133
105 128
107 115 103
101 105
107 107 88
116 109 101
16 16 14 11 10 3 16
88
14 14 13 18 20
107 12
116 17
109 19 13
28 | 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 .