CAR ARCHIVED November 2017 | Page 12

Market Action Report
County: Davidson
Davidson
Agent Name
Market Action Report
County: Davidson
November 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$209,000
-4%
10%
November 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of - Con
all Current Listings
Price
Range: All List
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$259,967 Trending
-3% versus*:
6%
L3M -2%
PYM 1%
LY 8%
YTD
Prior YTD 8%
Prior Year 9%
-2%
$158,000
$209,000 -4%
10%
$169,111 -7% -9% 3% -2%
$185,802
7%
7%
$259,967 -3%
6%
576 -2%
-14%
$157,000 -2% -2% 1% 8%
$158,000
8%
9%
148 -17%
24%
1,687
17%
$169,111 -7% -9% 3% -2%
$185,802
7%
7%
72 16% -8% -10% -25%
81 -16%
-16%
576 -2%
-14%
$100
-1%
-1%
12%
3%
$101
3%
4%
148 -17%
24%
1,687
17%
$96
-2%
-2%
9%
9%
$94
7%
72 16% -8% -10% -25%
81 -16%
-16% 7%
3.9
19%
0%
-31%
-34%
4.3
-28%
$100 -1% -1% 12% 3%
$101
3%
4% -26%
1%
$96 93.9%
-2% -.5%
-2% -.2%
9% 1.1%
9% 1.1%
$94 94.0%
7% 2% 7%
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
$157,000
November Sold
Sale Price
Price
vs Square
List Price
November
per
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3.9 19% 0% -31% -34%
4.3 -28%
-26%
of 94.0%
Properties
93.9% -.5% -.2% 1.1% Number
1.1%
2% Sold 1%
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
250
November Property sales were 148, up 24.4% from 119 in
November of 2016 and 17.3% lower than the 179 sales last
Property
Sales 2017 sales were at their highest level
250 200
month. November
November
sales were
148, and
up 24.4%
119 in YTD sales
compared Property
to November
of 2016
2015. from
November
November of 2016 and 17.3% lower than the 179 sales last
of 1,687 are running 17.3% ahead of last year's year-to-date sales
200 150
month. November 2017 sales were at their highest level
of 1,438.
compared to November of 2016 and 2015. November YTD sales
of 1,687 are running 17.3% ahead of last year's year-to-date sales
of 1,438.
3 Mo Avg
Number of Properties Sold
3 Mo Avg
150 100
129
0
240
Median Sales Price and Average Sales Price
149
154
Prices
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
14 15
16
17
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
14 15
16
17
0
The Median Sales Price in November was $157,000, up 0.6%
Prices
from $156,000 in November of 2016 and down 1.8% from
The
Median last
Sales
Price in The
November
$157,000,
0.6%
$159,900
month.
Average was
Sales
Price in up
November
was
from
$156,000
in November
of 2016 in and
down 1.8%
$169,111,
up 3.0%
from $164,227
November
of from
2016 and 240
$159,900
last from
month.
The Average
Sal es Price
in November
was was
down 6.7%
$181,320
last month.
November
2017 ASP
220
$169,111,
3.0% compared
from $164,227
in November
of 2016
and
at a mid up
range
to November
of 2016
and 2015.
down 6.7% from $181,320 last month. November 2017 ASP was 200
at a mid range compared to November of 2016 and 2015.
180
50
100 50
3 Mo Avg
220
200
180
160
160 140
140 120
120 100
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
16 A M J J A S O N D J F M 17
D J 14 F 15
M A M J J A S O N D J F M
A M J J A S O N
14 15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
November
was 576,
1.7% available
from 586 for
last
month
The
Total Inventory
of down
Properties
sale
as of and down
1,200
14.3% from
in down
November
of last
year.
November
2017
November
was 672
576,
1.7% from
586
last month
and down
1,000
Inventory
was in
at November
its lowest level
with November
of 1,000
14.3%
from 672
of last compared
year. November
2017
800
Inventory
at its lowest level compared with November of
2016 and was
2015.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
e r Range:
h o All
m | e Property
s c Types:
o m 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
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
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
12 |
.
600
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 3.9 400
MSI is better
November
2017 while
MSI of
higher
MSI
is better
for buyers.
November
MSI of 3.9
months
was
at its lowest
level The
compared
with 2017
November
of 2016 200
months
was at its lowest level compared with November of 2016
and 2015.
0
and 2015.
16.0
14.0
12.0
10.0
600
8.0
400
6.0
4.0
200
2.0
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
14 15
16
17
14 15
16
17
800
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
100
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0