CAR ARCHIVED November 2016 | Page 31

Market Action Report

County: Berkeley

Berkeley
Agent Name

Market Action Report

County: Berkeley

November 2016

Title
Phone
Agent
Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$259,000
4%
12%

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

versus*:
Trending versus*:
$388,364 Trending
3%
25%
L3M 1%
PYM 8%
LY 9%
YTD
Prior YTD 6%
Prior Year 6%
3%
$220,045
$259,000 4%
12%
$284,530 6% 6% 8% 11%
$261,534
1%
2%
$388,364 3%
25%
788 -8%
-25%
$226,614 3% 1% 8% 9%
$220,045
6%
6%
286 0%
13%
3,480
13%
$284,530 6% 6% 8% 11%
$261,534
1%
2%
50 6% 0% -24% -19%
57 -10%
-8%
788 -8%
-25%
$128
-2%
-2%
4%
8%
$126
8%
7%
286 0%
13%
3,480
13%
$126
3%
4%
9%
11%
$117
4%
4%
50 6% 0% -24% -19%
57 -10%
-8%
2.8
-8%
-0%
-34%
-33%
3.0
-30%
-28%
$128 -2% -2% 4% 8%
$126
8%
7%
1%
$12698.4%
3% 1.0%
4% .4%
9% 1.3%
11% 1.4% $117 97.6%
4% 1% 4%

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
$226,614

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

2.8 -8% -0% -34% -33%
3.0 -30%
-28%
of 97.6%
Properties
98.4% 1.0% .4% 1.3% Number
1.4%
1%Sold 1%

286

285

339

340

369

324

345

235

211

300

252

248

326

303

344

329

284

296

292

222

188

261

242

259

264

257

267

288

264

200

212

170

164

3 Mo Avg

Prices

290

Median Sales Price and Average Sales Price

286

285

339

340

369

389

357

324

345

235

211

300

252

248

326

303

344

329

284

296

292

222

188

261

242

259

264

257

267

288

264

200

212

170

164

211

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
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
Median
Sales
Price
and
Average
Sales
Price
3 Mo Avg
13 14
15
16

0

The Median Sales Price in November was $226,614, up 7.9%
Prices
from $210,000 in November of 2015 and up 3.0% from
The
Median last
Salesmonth.
Price inThe
November
$226,614,
7.9%
$220,000
Averagewas
Sales
Price inup
November
from
November
of $264,182
2015 and up
3.0% from of 2015 and
was $210,000
$284,530,inup
7.7% from
in November
290
$220,000
last month.
Thelast
Average
Sales
Price in November
up 5.9% from
$268,687
month.
November
2016 ASP was at
was
up 7.7%
from $264,182
in November
of 2015
and 270
the$284,530,
highest level
compared
to November
of 2015 and
2014.
up 5.9% from $268,687 last month. November 2016 ASP was at 250
the highest level compared to November of 2015 and 2014.
230

Number of Properties Sold

211

November
sales were
286,and
up 2014.
13.5% from
252 in YTD sales
comparedProperty
to November
of 2015
November
400 300
November of 2015 and 0.4% higher than the 285 sales last
of 3,480 are running 12.8% ahead of last year's year-to-date
month. November 2016 sales were at their highest level
350 250
sales of 3,084.
compared to November of 2015 and 2014. November YTD sales
300 200
of 3,480 are running 12.8% ahead of last year's year-to-date
250
sales of 3,084.
150
200
100
150
50
100
0
50

3 Mo Avg

389

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
450
November Property sales were 286, up 13.5% from 252 in
400
November of 2015 and 0.4% higher than the 285 sales last
Property
Sales 2016 sales were at their highest level
450 350
month. November

357

November Month's Supply of Inventory

3 Mo Avg

270
250
230
210

210 190
190 170
170 150

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
15 A M J J A S O N D J F M 16
D J 13F 14
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

Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,400
November
was 788,
7.8%available
from 855for
last
month
The
Total Inventory
of down
Properties
sale
as of and down
24.6% from
in November
of last
November
2016 1,4001,200
November
was1,045
788, down
7.8% from
855 year.
last month
and down
Inventory
atinitsNovember
lowest level
compared
with November
24.6%
from was
1,045
of last
year. November
2016 of 1,2001,000
Inventory
at its lowest level compared with November of
2015 andwas
2014.
1,000 800
2015 and 2014.

Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
coldwellbankerhomes
Data is provided courtesy of Charleston Trident Association of REALTORS, Piedmont Regional Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Charleston Trident Association of REALTORS, Piedmont Regional Association of REALTORS 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
estate transaction.
does not warrant or guarantee the accuracy of this information. It is the respo nsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estatereal
transaction.

854
855
788

972 1,167
1,003 1,109
943 1,045

969972
9401,003
896 943
899 969
889 940
873 896
854 899
855
889
788
873

8.0
7.0
6.0
5.0
600
4.0
3.0
400
2.0
200
1.0
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 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
1,042
1,069
1,042
1,110
1,069
1,160

800

A comparatively lower MSI is more beneficial for sellers while a 600
Ahigher
comparatively
lower for
MSIbuyers.
is more The
beneficial
for sellers
MSI is better
November
2016while
MSI aof 2.8400
higher
MSI
is better
for buyers.
November
MSI of of
2.82015
months
was
at its lowest
level The
compared
with2016
November
200
months
was at its lowest level compared with November of 2015
and 2014.
0
and 2014.

Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)

1,110
1,147
1,1161,160
1,175
1,147
1,196
1,116
1,235
1,175
1,1631,196
1,112 1,235
1,1311,163
1,097
1,112
1,119
1,131
1,106
1,097
1,142
1,119
1,168
1,106
1,186
1,142
1,220
1,168
1,211
1,1461,186
1,1671,220
1,109 1,211
1,045 1,146

150

. c o m | 31

8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0