CAR ARCHIVED November 2017 | Page 14

Market Action Report
Davie
County: Davie
Agent Name
Market Action Report
County: Davie
November 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$239,450
3%
9%
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
versus*:
Trending versus*:
$343,959 Trending
9%
17%
L3M -18%
PYM -33%
LY -21% YTD
Prior YTD -4%
Prior Year -4%
-33%
$171,500
$239,450 3%
9%
$173,091 -22% -17% -16% -18%
$209,220
2%
0%
$343,959 9%
17%
242 -3%
-2%
$142,000 -33% -18% -33% -21%
$171,500
-4%
-4%
45 -4%
18%
489
1%
$173,091 -22% -17% -16% -18%
$209,220
2%
0%
100 15% 25% -15% -10%
96 -11%
-14%
242 -3%
-2%
$129
22%
12%
25%
26%
$111
9%
9%
45 -4%
18%
489
1%
$86
-20%
-12%
-3%
-6%
$95
6%
100 15% 25% -15% -10%
96 -11%
-14% 4%
5.4
1%
-1%
-17%
-20%
6.0
-14%
$129 22% 12% 25% 26%
$111
9%
9% -11%
-1%
$86 88.8%
-20% -4.5%
-12% -3.8%
-3% -2.5%
-6% -4.5%
$95 92.4%
6% -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
$142,000
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
5.4 1% -1% -17% -20%
6.0 -14%
-11%
of 92.4%
Properties
88.8% -4.5% -3.8% -2.5% Number
-4.5%
-1% 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
70
November Property sales were 45, up 18.4% from 38 in
November of 2016 and 4.3% lower than the 47 sales last month. 60
Property
November Sales
2017 sales were at their highest level compared to 70
November
Property
were 45,
up 18.4% YTD
from sales
38 in of 489 are
50
November
of 2016 sales
and 2015.
November
November of 2016 and 4.3% lower than the 47 sales last month. 60
running 0.8% ahead of last year's year-to-date sales of 485.
November 2017 sales were at their highest level compared to
40
47
17
3 Mo Avg
3 Mo Avg
M J J A S O N
A S O N
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
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
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.
.
39
450
400
350
300
250
200
150
100
50
0
16
A S O N
300
250
A comparatively lower MSI is more beneficial for sellers while a 200
150
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 5.4
MSI is better
November
2017 while
MSI of
100
higher
MSI
is better
for buyers.
November
MSI of 5.4
months
was
at its lowest
level The
compared
with 2017
November
of 2016
50
months
was at its lowest level compared with November of 2016
and 2015.
0
and 2015.
14 15
M J J A S O N
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
November
was 242,
3.2% available
from 250 for last
month
The
Total Inventory
of down
Properties
sale
as of and down
450
1.6% from was
246 242,
in November
last 250
year.
November
down 3.2% of
from
last November
month and 2017
down
Inventory
was in at November
its lowest of level
with November
of 400
1.6%
from 246
last compared
year. November
2017
350
Inventory
at its lowest level compared with November of
2016 and was
2015.
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
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
Median
Sales
Price
and
Average
Sales
Price
14 15
16
17
300
Median Sales Price and Average Sales Price
280
260
240
220
200
180
160
140
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
16 A M J