CAR ARCHIVED November 2016 | Page 35

Chester Market Action Report Market Action Report County: Chester County: Chester November 2016 November 2016 Agent Name Agent Title Name Phone Title Community Information | School District Website Phone Other Website Price Range: All | Properties: SFH - Con Other Price Range: All | Properties: SFH - Con Market Profile & Trends Overview Median Price& ofTrends all Current Listings MarketList Profile Overview Month $79,000 Month $138,145 $79,000 $0 $138,145 Average Sales Sales Price Price November Median $0 Total Properties Currently for Sale (Inventory) 55 November Average Sales Price $0 November Number of Properties 0 Total Properties Currently for SaleSold (Inventory) 55 Average Days on Market (Solds) November Number of Properties Sold 0 Asking Price per Square (based(Sold s) on New Listings) $740 November Average DaysFoot on Market November Sold perFoot Square Footon New Listings) $0 Asking Price perPrice Square (based $74 November Month's Supply of Inventory 0.0 Sold Price per Square Foot $0 Sale PriceSupply vs ListofPrice Ratio 0.0% November Month's Inventory 0.0 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date November Sale Price vs List Price Ratio 0.0% Average List List Price Price of of all all Current Current Listings Listings Median November Median Sales Price Listings Average List Price of all Current * 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 0, down 100.0% from 8 in Property Sales November of 2015 and higher than the 0 sales last month. November Property sales were 0, down 100.0% from 8 in November 2016 sales were at their lowest level compared to November of 2015 and higher than the 0 sales last month. November of 2015 and 2014. November YTD sales of 23 are November 2016 sales were at their lowest level compared to running 75.0% behind last year's year-to-date sales of 92. November of 2015 and 2014. November YTD sales of 23 are running 75.0% behind last year's year-to-date sales of 92. Trending versus*: LMTrending L3M PYM versus*:LY -1% LM L3M -16% PYM LY 1% -20% -1% -16% 1% -100% -100% -20% -100% 0% -100% -100% -100% -5% 0% -100% 2% -100% -100% -5% 2% 0% -100% -100% -3% 7% -29% -100% 7% 0% -100% 0% -100% -100% -3% 7% -29% 7% 0% 0% -100% -100% -100.0% -100.0% 0% .0% 0% -100% -100% .0% -100.0% -100.0% Trending versus*: Prior YTD versus*: Prior Year Trending Prior YTD Prior Year YTD YTD $110,000 $145,226 $110,000 $145,226 23 125 23 $72 125 $66 $72 4.9 $66 89.3% 4.9 89.3% 52% 51% 52% 51% -75% -1% -75% 4% -1% 20% 4% -42% 20% 3% -42% 3% 31% 42% 31% 42% 0% 4% 0% 16% 4% -41% 16% 3% -41% 3% Number of Properties Sold 3 Mo Avg Number of Properties Sold 16 3 Mo Avg 16 14 14 12 12 10 108 8 6 6 4 -2 200 180 200 160 180 140 160 120 140 100 120 80 100 60 80 40 60 20 40 0 20 0 0 0 0 0 0 0 0 0 9 8 6 7 8 5 9 10 8 10 14 9 9 8 11 14 6 11 6 6 10 4 4 9 13 10 9 13 6 13 9 9 9 13 4 10 6 6 0 0 0 0 0 0 0 9 8 6 7 8 5 9 6 6 6 9 9 6 9 4 0 3 Mo Avg 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 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory of Properties available for sale as of Inventory & MSI November was 55, down 5.2% from 58 last month and up 1.9% The Total Inventory of Properties available for sale as of from 54 in November of last year. November 2016 Inventory November was 55, down 5.2% from 58 last month and up 1.9% was at a mid level compared with November of 2015 and 2014. from 54 in November of last year. November 2016 Inventory was at a mid level compared with November of 2015 and 2014. Median Sales Price and Average Sales Price 120 120 100 100 80 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2016 MSI of 0.0 A comparatively lower MSI is more beneficial for sellers while a months was at a mid level compared with November of 2015 and higher MSI is better for buyers. The November 2016 MSI of 0.0 2014. months was at a mid level compared with November of 2015 and 2014. 80 60 60 40 40 20 20 0 0 Total Inventory & Month's Supply of Inventory (MSI) 30.0 101 101 103 103 105 105 103 103 95 95 95 95 93 93 90 90 85 85 81 81 79 79 75 75 76 76 71 71 67 67 67 67 72 72 70 70 67 67 62 62 58 58 57 57 60 60 54 54 46 46 40 40 36 36 31 31 31 31 31 31 37 37 36 36 41 41 51 51 58 58 55 55 Prices 13 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 13 14 15 16Price 3 Mo Avg -20 The Median Sales Price in November was $0, down 100.0% Prices from $64,750 in November of 2015 and up from $0 last month. The Median Sales Price in November was $0, down 100.0% The Average Sales Price in November was $0, down 100.0% from $64,750 in November of 2015 and up from $0 last month. from $70,725 in November of 2015 and up from $0 last month. The Average Sales Price in November was $0, down 100.0% November 2016 ASP was at a mid range compared to November from $70,725 in November of 2015 and up from $0 last month. of 2015 and 2014. November 2016 ASP was at a mid range compared to November of 2015 and 2014. 10 2 0 13 4 2 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 13 14 15 16 30.0 25.0 25.0 20.0 20.0 15.0 15.0 10.0 10.0 5.0 5.0 0.0 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 Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con 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. 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. c o l dw el l b a n k er h o m es.c o m | 35