CAR ARCHIVED November 2017 | Page 26

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

County : Union

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
$ 419,900
-1%
8 %
Average List Price of all Current Listings
$ 515,292
-0%
5 %
November Median Sales Price
$ 277,500
2 %
-2%
7 %
7 %
$ 289,000
11 %
11 %
November Average Sales Price
$ 318,472
0 %
-5%
2 %
-1%
$ 343,216
8 %
7 %
Total Properties Currently for Sale ( Inventory )
799 -10%
-13%
November Number of Properties Sold
284
-1%
-6%
3,599
-5%
November Average Days on Market ( Solds )
52
27 %
16 %
0 %
-9%
50
-9%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 131
1 %
2 %
13 %
8 %
$ 128
6 %
6 %
November Sold Price per Square Foot
$ 119
-0%
0 %
5 %
6 %
$ 119
5 %
5 %
November Month ' s Supply of Inventory
2.8
-9%
-1%
-8%
-11%
2.9
-11%
-9%
November Sale Price vs List Price Ratio
96.7 % -1.5% -. 7 % -. 3 %
-. 2 %
97.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
November Property sales were 284 , down 6.3 % from 303 in
450
November of 2016 and 0.7 % lower than the 286 sales last
Property month . November Sales 2017 sales were at a mid level compared to
500
400
November
November Property of 2016 sales and 2015 were
. 284 November
, down 6.3 YTD % from sales 303 of in 3,599 are
450
350
November of 2016 and 0.7 % lower than the 286 sales last running 4.7 % behind last year ' s year-to-date sales of 3,776 . month . November 2017 sales were at a mid level compared to
400
300
Number of Properties Sold
3 Mo Avg
November of 2016 and 2015 . November YTD sales of 3,599 are
350
250
running 4.7 % behind last year ' s year-to-date sales of 3,776 .
300
200
250
150
200
100
150
50
100
0
50
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
14
15
16
17
D
J
F M A M J
Prices
14
15
The Median Sales Price in November was $ 277,500 , up 6.8 %
Prices
400 from $ 259,900 in November of 2016 and up 2.2 % from
The
$ 271,500 Median last Sales month Price . in The November Average was Sales $ 277,500 Price in , up November 6.8 % was
400 from
$ 318,472 $ 259,900 , up 2.5 in November % from $ 310,755 of 2016 in and November up 2.2 % from of 2016 and up
350
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
16
17
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
$
0.2 271,500 % from last $ month 317,731 . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 318,472 , up 2.5 % from $ 310,755 in November of 2016 and up
350 highest level compared to November of 2016 and 2015 .
300
0.2 % from $ 317,731 last month . November 2017 ASP was at the
highest level compared to November of 2016 and 2015 .
300
250
250 200

Union

286 178
Agent Name
203
Title Phone Website Other

Community Information | School District

308 308 365
286 178 203 308 308 365 434 404 358 325 301 233 296 172 203 304 349 429 465 421 395 393 342 303 322 209 239 348 278 380 437 378 404 356 286 284
200 150
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 14F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O N 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 799 of , down Properties 9.5 % available from 883 for last sale month as of and down 1,400
7.0
November 13.3 % from was 922 799 in , down November 9.5 % from of last 883 year last . month November and down 2017 1,4001,200
7.0 6.0
13.3 Inventory % from 922 was in at November its lowest level of last compared year . November with November 2017 of 1,2001,000
6.0 5.0
Inventory 2016 and was 2015 at . its lowest level compared with November of 1,000
5.0 2016 and 2015 .
800 4.0
800 4.0
600 3.0
A comparatively lower MSI is more beneficial for sellers while a 600 3.0
400 2.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2017 while MSI of a 2.8400 2.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 2.8 of 2016 200
1.0 months was at its lowest level compared with November of 2016 200
1.0 and 2015 .
0 0.0 and 2015 . 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 14 15
16 17
14 15 16
17
1,086 1,084 1,096 1,149
434 404 358
1,216 1,236 1,230 1,258 1,198 325 301
1,086 1,084 1,096 1,149 1,216 1,236 1,230 1,258 1,198 1,168 1,123 1,057 940 950
Number of Properties Sold
233 296 172 203
942 980 1,025 1,065 304 349 429 465 421 395
1,122 1,141 1,075 1,048 985 922
393 342
1,168 1,123 1,057 940 950 942 980 1,025 1,065 1,122 1,141 1,075 1,048 985 922 303 322 209
810 796 814
810 796 814 874 894 950 239 348 278 380 437
989 1,010 996 949 883
799
378 404
874 894 950 989 1,010 996 949
3 Mo Avg
356 286
883 799
284
26 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : 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 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 .