CAR ARCHIVED November 2017 | Page 47

Lancaster Market Action Report Community Information | School District November 2017 Agent Name

Lancaster Market Action Report Community Information | School District November 2017 Agent Name

County : Lancaster

Market Profile & Trends Overview
Median List Price of all Current Listings
Title
Trending versus *:
Phone
Month
LM
L3M
PYM
LY
$ 148,500
Website4 %
7 %
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Average Range : All List | Properties Price : SFH of - Con all Current Listings
$ 183,855
Other
4 %
-1%
November Median Sales Price
$ 139,500
-13%
Trending -4% versus 6 % *: -2%
$ 140,000
Trending -1% versus -2%*:
Market
November Profile
Average & Trends
Sales Price Overview
$ 167,742
Month LM -6%
L3M
3 %
PYM
5 % 1 LY%
Median List Price of all Current Listings
$ 148,500
Total Properties Currently for Sale ( Inventory )
109
4
-4 %
-25
7 % %
Average List Price of all Current Listings
$ 183,855
November Number of Properties Sold
26
4 %
-13 -1%
November Median Sales Price
$ 139,500
November Average Days on Market ( Solds )
95
-13
70 % -4
19 %
-7 6 %
-2
-4 %
November Average Sales Price
$ 167,742
Asking Price per Square Foot ( based on New Listings )
$ 92
-6
12 %
3
1 %
-13
5 % % -29
1 % %
Total Properties Currently for Sale ( Inventory )
November Sold Price per Square Foot
$
109 98
-4
7 %
8 %
-25
2 %
13 %
November Number of Properties Sold
November Month ' s Supply of Inventory
4.2
26
4
-7 % -4%
-13 -13 % -16%
November
November Average Sale Price
Days vs on List Market Price Ratio
( Solds )
94.2
95 %
70
. 5 %
19 -. 1 %
-7
. 6 %
1.5 -4%
Asking
* LM = Last Price Month / L3M per = Last Square 3 Months Foot / PYM = Same ( based Month on Prior New Year / LY Listings = Last Year () 2016 ) / YTD = Year-to-date
$ 92
12 % 1 % -13% -29%
$ 164,162
YTD
342
$ 140,000
72
$ 164,162
$ 95
$ 89
342
4.4
94.8
72 %
$ 95
Prior
1 % YTD
-19%
-27 -1%
-30 1 %
3 %
-14
-19 %
-27
2 % -30%
Prior -1% Year
-27
-2%
-27
-1%
2 % -12%
-27
2 %
% -27%
November Sold Price per Square Foot
$ 98
7 %
8 %
2 %
13 %
$ 89
3 %
2 %
November Month ' s Supply of Inventory
4.2
-7%
-4% -13% -16%
4.4
-14%
-12%
November Sale Price vs List Price Ratio
94.2 %
. 5 %
-. 1 %
. 6 %
1.5 %
94.8 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
60
November Property sales were 26 , down 13.3 % from 30 in
November of 2016 and 4.0 % higher than the 25 sales last month . November 2017 sales were at their lowest level
50
compared to November of 2016 and 2015 . November YTD sales of 342 are running 18.6 % behind last year ' s year-to-date sales of
40
420 .
30
20
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in November was $ 139,500 , up 6.1 % from $ 131,500 in November of 2016 and down 12.7 % from $ 159,750 last month . The Average Sales Price in November was $ 167,742 , up 4.6 % from $ 160,412 in November of 2016 and down 6.5 % from $ 179,374 last month . November 2017 ASP was at the highest level compared to November of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of November was 109 , down 3.5 % from 113 last month and down 24.8 % from 145 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 4.2 months was at its lowest level compared with November of 2016 and 2015 .
10
0
25
32
D J
14 15
282 297
20 284
33 271
42 277
37 267
46 267
32
Median Sales Price and Average Sales Price
263 42 265
44 237
34
237 28 25
233 220
18 210
30
186 185
47 185
38 168
35 177
55 190
41 170
50 165
35 143
41 145
30 134
35 122
18 125
27 125
39
142 33
147 140
32 134
41 139
29 141
40 113
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
17
250
230
210
190
170
150
130
110
90
70
50
350
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
16.0
A S O N
300
14
15
16
17
14.0
250
12.0
200
350
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
16.0
300
100
4.0
14.0
250
50
2.0
12.0
2000
150
D
J
F M A M J
14
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A M J
17
J A S O N
0.0
10.0
8.0
100
50
0
282 297
284 271 277 267 267
D J F M A M J
14 15
263
265 237 237 233 220 210 186 185 185 168 177
J A S O N D J F M A M J 16
190 170 165 143 145 134 122 125 125 142 147 140
J A S O N D J F M A M J
17
134 139 141
113 32 109 109
J A S O N
25 26
3 Mo Avg
6.0 4.0 2.0 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 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 .
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