Market Action Report November 2016
Community Information
| School District
County : Charleston
Price Range : All | Properties : SFH - Con
Charleston
Agent Name
Market Action Report November 2016
Community Information
Phone
| School District
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 |
$ 527,000 |
1 % |
|
13 % |
|
|
|
|
Average List Price of all Current Listings |
$ 810,857 |
4 % |
|
21 % |
|
|
|
|
November Median Sales Price |
$ 338,000 |
-1% |
0 % |
6 % |
6 % |
$ 337,500 |
6 % |
6 % |
November Average Sales Price |
$ 430,919 |
-8% |
-3% |
5 % |
3 % |
$ 441,607 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
2,117 |
-7% |
|
-10% |
|
|
|
|
November Number of Properties Sold |
467 |
3 % |
|
16 % |
|
6,335 |
5 % |
|
November Average Days on Market ( Solds ) |
55 |
-8% |
-7% |
-8% |
-25% |
64 |
-14% |
-12% |
Asking Price per Square Foot ( based on New Listings ) |
$ 226 |
7 % |
3 % |
12 % |
12 % |
$ 219 |
10 % |
9 % |
November Sold Price per Square Foot |
$ 195 |
-2% |
0 % |
7 % |
7 % |
$ 193 |
6 % |
6 % |
November Month ' s Supply of Inventory |
4.5 -10% |
1 % |
-22% |
-1% |
4.1 |
-11% |
-10% |
November Sale Price vs List Price Ratio |
95.7 % |
-. 2 % |
-. 6 % |
. 3 % |
. 1 % |
96.1 % |
0 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Title
Website Other
Number of Properties Sold
Property Sales 900
November Property sales were 467 , up 15.6 % from 404 in Number of Properties Sold
3 Mo Avg
November of 2015 and 3.3 % higher than the 452 sales last
800 Property month . November Sales 2016 sales were at their highest level 900 700 November compared Property to November sales were of 2015
467 and , up 15.6
2014 % . from November
404 in
YTD sales November of 2015 and 3.3 higher than the 452 sales last
800 600 of 6,335 are running 4.5 % ahead of last year ' s year-to-date sales month . November 2016 sales were at their highest level of 6,062 .
700 500 compared to November of 2015 and 2014 . November YTD sales
600 of 6,335 are running 4.5 % ahead of last year ' s year-to-date sales 400 of 6,062 .
500 300
400 200
300 100
200
0
100 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 $ 338,000 , up 6.0 % Prices
500 from $ 318,938 in November of 2015 and down 1.1 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 341,633 Median last Sales month Price . in The November Average was Sales $ 338,000 Price in , November up 6.0 % was
500 from $ 430,919 $ 318,938 , up in 5.2 November % from $ 409,751 of 2015 in and November down 1.1 % of from 2015 and 450 $ down 341,633 7.6 last % from month $ 466,358 . The Average last month Sales Price . November in November 2016 ASP was $ 430,919 , up 5.2 % from $ 409,751 in November of 2015 and 450 was at the highest level compared to November of 2015 and 400 down 20147.6 . % from $ 466,358 last month . November 2016 ASP
was at the highest level compared to November of 2015 and 400 350
2014 . 350
300
471 331 336 478 512 534
471 331 336 478 512 534 629 586 589 500 482 366 458 355 410 594 592 663 760 697 516 571 500 404 571 373 456 573 602 697 791 666 652 606 452 467
300 250
250 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 2,117 of , Properties down 7.0 % available from 2,276 for sale last as month of and 3,000 November down 9.5 % was from 2,117 2,340 , down in 7.0 November % from 2,276 of last last year month . November and 3,000
9.0 2,500 down 20169.5 Inventory % from 2,340 was at in its November lowest level of last compared year . November with November 8.0
2,500 2016 of 2015 Inventory and 2014 was . at its lowest level compared with November 2,000
7.0 of 2015 and 2014 . 2,000
6.0 1,500
5.0
1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 4.5 1,000
3.0 higher MSI is better for buyers . The November 2016 MSI of 4.5 500
2.0 months was at its lowest level compared with November of 2015500 months was at its lowest level compared with November of 2015
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
629 586 589
2,452 2,455 2,520 2,617 2,664 2,680 2,672 2,692 2,638 500 482 366
2,452 2,455 2,520 2,617 2,664 2,680 2,672 2,692 2,638 2,578 2,559 2,510 2,346 2,406 2,367 2,442 2,406 2,430 2,489 2,540 2,479 2,528 2,422 2,340 2,174 2,147 2,214 2,258
458 355 410 594 592 663 760 697 516 571 500
2,578 2,559 2,510 2,346 2,406 2,367 2,442 2,406 2,430 2,489 2,540 2,479 2,528 2,422 2,340 404 571 373 456 573 602 697 791
2,293 2,327 2,371 2,353 2,355 2,377 2,276
2,117
666 652
2,174 2,147 2,214 2,258 2,293 2,327 2,371 2,353 2,355 2,377
3 Mo Avg
606 452
2,276 2,117
467
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con 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 real estate transaction .
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