CAR ARCHIVED November 2017 | Page 51

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

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

County : Newberry

Market Profile & Trends Overview
Median List Price of all Current Listings
Title
Trending versus *:
Phone
Month
LM
L3M
PYM
LY
$ 119,000
Website0 %
4 %
YTD
Trending versus *:
Prior YTD
Prior Year
Price
Average Range : All List | Properties Price : SFH of - Con all Current Listings
$ 187,108
Other
3 %
6 %
November Median Sales Price
$ 134,000
14 %
Trending
5 % versus
23 % *:
28 %
$ 118,500
Trending
12 % versus
13 %*:
Market
November Profile
Average & Trends
Sales Price Overview
$ 142,770
Month -14 LM% L3M -6%
PYM
5 %
LY
2 %
Median List Price of all Current Listings
$ 119,000
0 %
4 %
Total Properties Currently for Sale ( Inventory )
355 -2 0
Average List Price of all Current Listings
$ 187,108
November Number of Properties Sold
27
69 3 %
17
6 %
November Median Sales Price
$ 134,000
November Average Days on Market ( Solds )
87
14
50
% -16
5 % % -36
23 % -33 28 %
November Average Sales Price
$ 142,770
November Month ' s Supply of Inventory
13.1
-14
-42
% -19
-6% -15
5 % % -12
2 % %
Total Properties Currently for Sale ( Inventory )
November Sale Price vs List Price Ratio
87.6
355 %
-4.4
-2% %
. 2 %
-
0 . 9 %
-. 2 %
November
* LM = Last Month Number / L3M = Last 3 Months of Properties / PYM = Same Month Sold Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
27
69 %
17 %
$ 145,010
YTD
286
$ 118,500
108
$ 145,010
15.8
88.8 %
286
Prior
0 % YTD
-8%
-17 12 %
4
0 %
1 % -8%
Prior
3 % Year
-16
13 %
6
3 %
1 %
November Average Days on Market ( Solds )
87
50 % -16% -36% -33%
108
-17%
-16%
November Month ' s Supply of Inventory
13.1 -42% -19% -15% -12%
15.8
4 %
6 %
November Sale Price vs List Price Ratio
87.6 % -4.4%
. 2 %
-. 9 %
-. 2 %
88.8 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
45
November Property sales were 27 , up 17.4 % from 23 in
November of 2016 and 68.8 % higher than the 16 sales last
40
month . November 2017 sales were at their highest level
35
compared to November of 2016 and 2015 . November YTD sales of 286 are running 8.0 % behind last year ' s year-to-date sales of
30
311 .
25
Prices The Median Sales Price in November was $ 134,000 , up 22.9 %
250 from $ 109,000 in November of 2016 and up 13.6 % from $ 118,000 last month . The Average Sales Price in November was $ 142,770 , up 4.6 % from $ 136,432 in November of 2016 and 200 down 14.4 % from $ 166,722 last month . November 2017 ASP was at the highest level compared to November of 2016 and 150 2015 . 100
20 15 10 5 0
50
33
18
D J
14 15
18 21 34 37 29 35 30 26 24 22
Number of Properties Sold
24 17 23 22 35 30
Median Sales Price and Average Sales Price
40 30 35 30 26 23 26 17 14 42 26 29 20 28 37
3 Mo Avg
3 Mo Avg
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
30 16 27
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of November was 355 , down 2.5 % from 364 last month and equal to 355 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 13.1 months was at its lowest level compared with November of 2016 and 2015 .
0 500
400 300
500 200
400 100 3000 200 100
0
30.0
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 14 15
16 17
25.0
433 433
460 460
454 454
465 465
469 469
474
452
D J F M A M J
14 15
450 442 421 419 413 405 422 443 431 425 417 408
Total Inventory & Month ' s Supply of Inventory ( MSI )
474
452
D J F M A M J
14 15
450 442 421 419 413 405 422 443 431 425 417 408
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 16
398 398
395 395
377 377
357 357
355 355
326 326
361 361
J A S O N D J 17
360 360
356 356
363 363
374 374
378 378
F M A M J
J A S O N D J F M A M J 17
371 371
384 384
381 381
364 364
355
355
J A S O N
J A S O N
20.0
15.0 30.0 10.0 25.0 5.0 20.0 0.0 15.0
10.0
5.0 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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