CAR ARCHIVED November 2017 | Page 43

County : Fairfield Community Information Agent Name | School District

Fairfield Market Action Report November 2017

County : Fairfield Community Information Agent Name | School District

Title
Market Profile & Trends Overview
Phone
Trending versus *:
Month
WebsiteLM
L3M
PYM
LY
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Median Range : All List | Properties Price : SFH of all - ConCurrent Listings
$ 114,450
Other
0 %
16 %
Average List Price of all Current Listings
$ 186,734
0 %
Trending versus
7 % *:
Trending versus *:
Market
November Profile Median & Sales Trends Price Overview
$ 160,000
Month
-19 LM%
L3M
0 %
101 PYM% 36 LY%
$ 150,000
YTD
Prior
20 % YTD
Prior
28 % Year
Median
November List Average Price of Sales all Current Price Listings
$
114,450 153,744
-23
0 % -20% 45
16 %
-3%
$ 165,458
-3%
4 %
Average
Total Properties List Price Currently of all Current for Sale Listings ( Inventory )
$ 186,734
218
-4 0 %
-20
7 %
November Median Number Sales of Properties Price Sold
$
160,0009
-19
13 %
0 %
-31
101 % 36 %
$ 150,000
145
-6
20 %
28 %
November Average Sales Days Price on Market ( Solds )
$ 153,744
341
182 -23% -20 84 % 142 45 % 71
-3 %
$ 165,458
162
-10 -3%
-19
4 %
Total
Asking Properties Price Currently Square Foot for ( Sale based ( Inventory on New Listings ) )
218
$ 0 -100 -4% -100%
-20 0 % -100%
$ 68
-65%
-58%
November Number Sold Price of Properties Square Sold Foot
$
09
13 %
0 %
-31% -100%
$
145 55
-60 %
-60%
November Average Month ' s Days Supply on of Market Inventory ( Solds )
24.2
341
182
-14 % 84 -4 % 142
16 %
11 71 %
19.8
162
-11
-10 %
-10
-19 %
Asking
November Price Sale per Price Square vs Foot List Price ( based Ratio on New Listings )
83.5
$ 0%
-7.5
-100 % -2.9 -100 % -8.3
0 % -4.3
-100 %
86.9
$ 68 %
-65
-1 %
-58
-0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
November Sold Price per Square Foot
$ 0
0 %
-100%
$ 55
-60%
-60%
November Month ' s Supply of Inventory
24.2 -14% -4%
16 %
11 %
19.8
-11%
-10%
November Sale Price vs List Price Ratio
83.5 % -7.5% -2.9% -8.3% -4.3%
86.9 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
30
November Property sales were 9 , down 30.8 % from 13 in
November of 2016 and 12.5 % higher than the 8 sales last month .
November 2017 sales were at a mid level compared to November
25
of 2016 and 2015 . November YTD sales of 145 are running 5.8 % behind last year ' s year-to-date sales of 154 .
20
15
10
5
Number of Properties Sold
3 Mo Avg
Prices The Median Sales Price in November was $ 160,000 , up 101.3 % from $ 79,500 in November of 2016 and down 19.0 % from $ 197,500 last month . The Average Sales Price in November was $ 153,744 , up 44.9 % from $ 106,102 in November of 2016 and down 22.8 % from $ 199,188 last month . November 2017 ASP was at the highest level compared to November of 2016 and 2015 .
0
400 350 300 250 200 150 100 50 0
10
12
D J 14 15
9
D J
14 15
15 4 26 16 25 16 15 9 6 9 12 12 13 11 10
Median Sales Price and Average Sales Price
19 20
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
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
11 17 16 13 15 12 11 15 16 18 12 10 24 10 8 9
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of November was 218 , down 3.5 % from 226 last month and down 19.9 % from 272 in November of last year . November 2017 Inventory was at its lowest level compared with November of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2017 MSI of 24.2 months was at a mid level compared with November of 2016 and 2015 .
400 350 300 250 200 150 100 50 0
312
316
333
333
338
Total Inventory & Month ' s Supply of Inventory ( MSI )
314
318
D J F M A M J
14 15
318
322
319
325
316
280
280
275
303
319
315
322
J A S O N D J F M A M J
16
319
301
282
282
272
261
241
246
253
244
256
243
J A S O N D J F M A M J
17
233
231
233
226
218
J A S O N
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 43
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 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 .