CAR ARCHIVED November 2017 | Page 37

Market Action Report November 2017
Community Information
| School District

County : Charleston

Price Range : All | Properties : SFH - Con

Charleston

Agent Name
Market Action Report November 2017

Community Information

Phone

| School District

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
$ 543,490
3 %
9 %
Average List Price of all Current Listings
$ 851,556
4 %
11 %
November Median Sales Price
$ 367,672
5 %
5 %
9 %
9 %
$ 357,549
6 %
6 %
November Average Sales Price
$ 494,339
10 %
7 %
14 %
12 %
$ 475,813
8 %
7 %
Total Properties Currently for Sale ( Inventory )
2,125
-7%
-7%
November Number of Properties Sold
502
5 %
6 %
6,390
1 %
November Average Days on Market ( Solds )
68
13 %
11 %
26 %
3 %
64
0 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 239
0 %
3 %
7 %
10 %
$ 228
5 %
5 %
November Sold Price per Square Foot
$ 204
3 %
1 %
4 %
5 %
$ 207
7 %
7 %
November Month ' s Supply of Inventory
4.2 -11% -5% -12%
1 %
4.1
-4%
-3%
November Sale Price vs List Price Ratio
95.5 %
-. 3 %
-. 2 % -. 2 %
-. 5 %
95.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales 900
November Property sales were 502 , up 6.4 % from 472 in Number of Properties Sold
3 Mo Avg
November of 2016 and 4.8 % higher than the 479 sales last
800 Property month . November Sales 2017 sales were at their highest level 900 700 November compared Property to November sales were of 2016
502 and , up 6.4
2015
% . from November
472 in
YTD sales November of 2016 and 4.8 higher than the 479 sales last
800 600 of 6,390 are running 0.6 % ahead of last year ' s year-to-date sales month . November 2017 sales were at their highest level 700 of 6,351 .
500 compared to November of 2016 and 2015 . November YTD sales
600 of 6,390 are running 0.6 % ahead of last year ' s year-to-date sales 400 of 6,351 .
500 300
400 200
300 100
200
0
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
0 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
Prices Median Sales Price and Average Sales Price
14 15 16
17
3 Mo Avg The Median Sales Price in November was $ 367,672 , up 8.8 % Prices
600 from $ 338,000 in November of 2016 and up 5.3 % from
Median Sales Price and Average Sales Price
3 Mo Avg The $ 349,100 Median last Sales month Price . in The November Average was Sales $ 367,672 Price in , up November 8.8 % was
600 550 from $ 494,339 $ 338,000 , up 14.3 in November % from $ of 432,529 2016 and in November up 5.3 % from of 2016 and up $ 10.5 349,100 % from last $ month 447,390 . The last Average month Sales . November Price in 2017 November ASP was at 550 500 $ the 494,339 highest , up level 14.3 % compared from $ 432,529 to November in November of 2016 of 2016 and 2015 and up . 10.5 % from $ 447,390 last month . November 2017 ASP was at
500 450 the highest level compared to November of 2016 and 2015 . 450 400
400 350
350 300
458 355 410
Title
Website Other
594 593 662
Number of Properties Sold
458 355 410 594 593 662 761 698 516 571 500 404 571 373 457 573 603 700 791 668 652 607 455 472 564 369 480 617 578 762 815 647 619 522 479 502
300 250
250 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 2,125 of Properties , down 6.8 available % from 2,279 for sale last as month of and 3,000 November down 6.8 % was from 2,125 2,281 , down in 6.8 November % from 2,279 of last last year month . November and 3,000
8.0
2,500 down 20176.8 Inventory % from 2,281 was at in its November lowest level of last compared year . November with November 2,500
7.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 2,000 6.0 of 2016 and 2015 .
2,000 1,500
5.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 3.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial November for sellers 2017 while MSI of a 4.2
1,000 higher MSI is better for buyers . The November 2017 MSI of 4.2 500
2.0 months was at its lowest level compared with November of 2016500 months was at its lowest level compared with November of 2016
1.0 and 2015 .
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
761 698 516
2,352 2,412 2,373 2,448 2,411 2,436 2,496 2,548 2,487 571 500 404
2,352 2,412 2,373 2,448 2,411 2,436 2,496 2,548 2,487 2,537 2,432 2,352 2,187 2,165 2,234 2,284 2,323 2,369 2,415 2,409 2,420 2,458 2,382 2,281 2,088 2,093 2,132 2,274
571 373 457 573 603 700 791 668 652 607 455
2,537 2,432 2,352 2,187 2,165 2,234 2,284 2,323 2,369 2,415 2,409 2,420 2,458 2,382 2,281 472 564 369
2,088 2,093 2,132 480 617 578 762 815
2,339 2,356 2,382 2,375 2,349 2,306 2,279 2,125 647 619
2,274 2,339 2,356 2,382 2,375 2,349 2,306
3 Mo Avg
522 479
2,279 2,125
502
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 , Sumter Board of REALTORS , Consolidated Multiple Listing Service and may not reflect all relevant real estate activity . Coldwell Banker Residentia 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 .
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