CAR ARCHIVED November 2017 | Page 20

Market Action Report Lincoln County: Lincoln Agent Name Market Action Report Title Phone Agent Name Website Title Other Phone Trending versus*: Website Month LM L3M PYM LY Other $349,000 6% 11% 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 Month LM $267,000 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 3.5 -16% -6% 96.3% .7% .4% 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 160 November Property sales were 98, down 4.9% from 103 in 140 November of 2016 and 11.4% higher than the 88 sales last Property Sales 2017 sales were at a mid level compared to 160 month. November 120 November Property were 98, down 4.9% from 103 of in 1,130 are November of 2016 sales and 2015. November YTD sales 140 November of 2016 and 11.4% higher than the 88 sales last running 10.0% ahead of last year's year-to-date sales of 1,027. 100 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 14 15 Median Sales Price and Average Sales Price 3 Mo Avg 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 A M J J A S O N D J F M A M J J A S O N 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Residential | Price c o Banker ldw e l l Brokerage bank 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. . 111 116 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 17 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 16 Sales Price and Average 17 Sales Price 3 Mo Avg 600 November was 345, 6.0% available from 367 for last month The Total Inventory of down Properties sale as of and down 600 4.4% from was 361 345, in November last 367 year. November down 6.0% of from last November month and 2017 down 500 Inventory was in at November its lowest of level with November of 500 4.4% from 361 last compared year. November 2017 400 Inventory at its lowest level compared with November of 2016 and was 2015. 400 2016 and 2015. 300 300 A comparatively lower MSI is more beneficial for sellers while a 200 200 A higher comparatively lower for MSI buyers. is more The beneficial for sellers a 3.5 MSI is better November 2017 while MSI of higher MSI is better for level buyers. The November 2017 MSI of of 2016 3.5 100 100 months was at a mid compared with November months was at a mid level compared with November of 2016 0 and 2015. 0 and 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 M J J A 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 20 | 73 D J 14 15 D J F M 14 15 350 330 310 290 270 250 230 210 190 170 150 D J D J 14 F 15 M 12.0 12.0 10.0 8.0 Prices The Median Sales Price in November was $267,000, down 3.1% Prices from $275,414 in November of 2016 and down 9.3% from The Median last Sales Price in The November $267,000, 3.1% was $294,253 month. Average was Sales Price in down November 350 from $275,414 November of 2016 and down 9.3% of from $316,920, up in 8.0% from $293,469 in November 2016 and 330 $294,253 last month. The Average Sales Price in November was down 4.0% from $329,983 last month. November 2017 ASP $316,920, 8.0% from in to November of of 2016 and and 310 was at the up highest level $293,469 compared November 2016 290 down 2015. 4.0% from $329,983 last month. November 2017 ASP 270 was at the highest level compared to November of 2016 and 250 2015. 230 210 190 170 150 0 0 20 20 40 40 60 60 3 Mo Avg 80 80 3 Mo Avg Number of Properties Sold 100 120 0% -25% 3.7 -23% -21% of 96.3% Properties .4% Number 1.1% 1% Sold 1% November Sold Sale Price Price vs Square List Price November per Foot Ratio month. November 2017 sales were at a mid level compared to November of 2016 and 2015. November YTD sales of 1,130 are running 10.0% ahead of last year's year-to-date sales of 1,027. Trending versus*: Prior YTD Prior Year YTD versus*: Trending versus*: $430,796 Trending 6% 20% L3M -1% PYM -3% LY 4% YTD Prior YTD 10% Prior Year 6% -9% $274,000 $349,000 6% 11% $316,920 -4% -1% 8% 8% $309,624 7% 5% $430,796 6% 20% 345 -6% -4% $267,000 -9% -1% -3% 4% $274,000 10% 6% 98 11% -5% 1,130 10% $316,920 -4% -1% 8% 8% $309,624 7% 5% 62 -18% -5% 13% -13% 65 -11% -8% 345 -6% -4% $137 6% 4% 10% 7% $134 6% 5% 98 11% -5% 1,130 10% $124 -7% -1% 3% 3% $125 4% 3% 62 -18% -5% 13% -13% 65 -11% -8% 3.5 -16% -6% 0% -25% 3.7 -23% -21% $137 6% 4% 10% 7% $134 6% 5% 1% $124 96.3% -7% .7% -1% .4% 3% .4% 3% 1.1% $125 96.3% 4% 1% 3% 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) County: Lincoln November 2017 6.0 4.0 2.0 0.0 S O N 10.0 8.0 6.0 4.0 2.0 0.0