CAR ARCHIVED November 2016 | Page 37

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

County : Dorchester

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
$ 271,823
-1%
13 %
Average List Price of all Current Listings
$ 302,299
0 %
14 %
November Median Sales Price
$ 219,000
-0%
2 %
5 %
11 %
$ 212,000
7 %
7 %
November Average Sales Price
$ 238,767
0 %
3 %
7 %
11 %
$ 227,692
5 %
5 %
Total Properties Currently for Sale ( Inventory )
688
-8%
-18%
November Number of Properties Sold
197 -22%
22 %
2,743
12 %
November Average Days on Market ( Solds )
48
2 %
-6% -23% -29%
58
-13%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 114
-1%
-1%
10 %
8 %
$ 113
7 %
7 %
November Sold Price per Square Foot
$ 110
-1%
1 %
6 %
8 %
$ 107
6 %
6 %
November Month ' s Supply of Inventory
3.5
17 %
12 % -32% -19%
3.4
-23%
-21%
November Sale Price vs List Price Ratio
96.8 %
-. 7 %
-. 6 % -. 5 %
. 1 %
97.2 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Dorchester

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
400
November Property sales were 197 , up 21.6 % from 162 in
November of 2015 and 21.5 % lower than the 251 sales last
350
Property month . November Sales 2016 sales were at their highest level
400
November Property sales were 197 , up 21.6 % from 162 in
300 compared to November of 2015 and 2014 . November YTD sales
November of 2015 and 21.5 lower than the 251 sales last
350 of 2,743 are running 12.4 % ahead of last year ' s year-to-date
250 month . November 2016 sales were at their highest level sales of 2,441 .
300 compared to November of 2015 and 2014 . November YTD sales
200
Number of Properties Sold
3 Mo Avg
of 2,743 are running 12.4 % ahead of last year ' s year-to-date sales of 2,441 .
250
150
200
100
150
50
100
50
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 $ 219,000 , up 4.8 %
Prices
250 from $ 209,000 in November of 2015 and down 0.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 220,000 Median last Sales month Price . in The November Average was Sales $ 219,000 Price in , up November 4.8 %
240
250 from was $ 209,000 238,767 , in up November 7.2 % from of $ 2015 222,775 and in down November 0.5 % from of 2015 and
230
$ 220,000 last month . The Average Sales Price in November
240 up 0.1 % from $ 238,580 last month . November 2016 ASP was at
220 was $ 238,767 , up 7.2 % from $ 222,775 in November of 2015 and
230 the highest level compared to November of 2015 and 2014 .
210 up 0.1 % from $ 238,580 last month . November 2016 ASP was at
220
200 the highest level compared to November of 2015 and 2014 .
210
190
200
180
190
170
180
170
160
160
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
The
November Total Inventory was 688 of , down Properties 8.4 % available from 751 for last sale month as of and down
1,200
November
17.9 % from was 838 688 in , down November 8.4 % from of last 751 year last . month November and down 2016
1,200
1,000
17.9
Inventory % from 838 was in at November its lowest level of last compared year . November with November 2016 of
1,000
Inventory
2015 and was 2014 at . its lowest level compared with November of
800
2015 and 2014 .
800
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
600
4.0
A comparatively lower MSI is more beneficial for sellers while a
400
3.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2016 while MSI a of 3.5
400 higher MSI is better for buyers . The November 2016 MSI of 3.5
200
2.0 months was at its lowest level compared with November of
2015200 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
180 122 125 158 205 210 255 256 232 227 214 169
180 122 125 158 205 210 255 256 232 227 214 169 184 135 153 247 225 231 273 282 260 257 216 162 233 153 153 219 252 287 326 270 357 278 251 197
872 850 840 912 944 963 917 937 938
872 850 840 912 944 963 917 937 938 915 907 913 893 903 925 935 972 977 970 975 919 947 878 838 814 797 805 812
184 135 153 247 225 231 273 282 260 257 216
915 907 913 893 903 925 935 972 977 970 975 919 947 878 838 162 233 153 153 219 252 287 326
832 835 812 802 818 797 751
688
270 357
814 797 805 812 832 835 812 802 818 797
3 Mo Avg
278 251
751 688
197
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 37