CAR ARCHIVED October 2017 | Page 12

Market Action Report
County: Davidson
Davidson
Agent Name
Market Action Report
County: Davidson
October 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$223,500
6%
16%
October 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of - Con
all Current Listings
Price
Range: All List
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$272,782 Trending
3%
11%
L3M -2%
PYM 2%
LY 10% YTD
Prior YTD 8%
Prior Year 9%
7%
$157,900
$223,500 6%
16%
$181,001 4% -5% 2% 4%
$187,387
8%
8%
$272,782 3%
11%
570 -8%
-19%
$159,000 7% -2% 2% 10%
$157,900
8%
9%
175 26%
38%
1,535
16%
$181,001 4% -5% 2% 4%
$187,387
8%
8%
62 -23% -21% -21% -35%
82 -17%
-15%
570 -8%
-19%
$101
1%
0%
9%
4%
$102
4%
5%
175 26%
38%
1,535
16%
$97
-1%
-1%
-0%
10%
$93
6%
62 -23% -21% -21% -35%
82 -17%
-15% 6%
3.3
-27%
-9%
-41%
-44%
4.4
-28%
$101 1% 0% 9% 4%
$102
4%
5% -25%
1%
$97 94.5%
-1% .5%
-1% .3%
-0% 2.7%
10% 1.8%
$93 94.1%
6% 2% 6%
Average List Price of all Current Listings
Market
Trends
October Profile
Median & Sales
Price Overview
Median List Price of all Current Listings
October Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
October Median Sales Price
October Number of Properties Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October
Month's
Supply
of (based
Inventory
Asking
Price
per Square
Foot
on New Listings)
Month
LM
$159,000
October Sold
Sale Price
Price per
vs Square
List Price
October
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3.3 -27% -9% -41% -44%
4.4 -28%
-25%
of 94.1%
Properties
94.5% .5% .3% 2.7% Number
1.8%
2% Sold 1%
October Month's Supply of Inventory
October Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
250
October Property sales were 175, up 37.8% from 127 in October
of 2016 and 25.9% higher than the 139 sales last month.
Property
Sales
250 200
October 2017
sales were at their highest level compared to
October
were 175,
up 37.8%
October
October Property
of 2016 sales
and 2015.
October
YTD from
sales 127
of in
1,535
are
of 2016 and 25.9% higher than the 139 sales last month.
running 16.4% ahead of last year's year-to-date sales of 1,319. 200 150
October 2017 sales were at their highest level compared to
October of 2016 and 2015. October YTD sales of 1,535 are
running 16.4% ahead of last year's year-to-date sales of 1,319.
3 Mo Avg
Number of Properties Sold
3 Mo Avg
150 100
Prices
240
97
Median Sales Price and Average Sales Price
154
176
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 M J J A S O
14
15
16
17
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 M J J A S O
Median
Sales
Price
and
Average
Sales
Price
3 Mo Avg
14
15
16
17
0
The Median Sales Price in October was $159,000, up 1.9% from
Prices
$156,000 in October of 2016 and up 7.4% from $148,000 last
The
Median
Sales
Price Sales
in October
$159,000,
1.9% from up
month.
The
Average
Price was
in October
was up $181,001,
$156,000
in October
and up
7.4% from
$148,000
last
2.4% from
$176,734 of in 2016
October
of 2016
and up
3.8% from
240
month.
The last
Average
Sales
Price in
October
up level
$174,337
month.
October
2017
ASP was
was $181,001,
at the highest
220
2.4%
from $176, 734
in October
2016
and up 3.8% from
compared
to October
of 2016 of
and
2015.
$174,337 last month. October 2017 ASP was at the highest level 200
compared to October of 2016 and 2015.
180
0
50
100 50
3 Mo Avg
220
200
180
160
160 140
140 120
120 100
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 M J J A S O
N D 14 J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O
14
15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
October
was 570, down
7.8% from
618 last
and down
The
Total Inventory
of Properties
available
for month
sale as of
1,200
19.3% from
706 down
in October
of last
year.
October
2017
Inventory
October
was 570,
7.8% from
618
last month
and
down
1,000
was at
its lowest
compared
with October
October 2017
of 2016
and 2015.
19.3%
from
706 in level
October
of last year.
Inventory
1,000
800
was at its lowest level compared with October of 2016 and 2015.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
e r Range:
h o All
m | e Property
s c Types:
o m 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
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
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
12 |
.
600
A comparatively lower MSI is more beneficial for sellers while a
400
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for 2017
sellers
while
a
MSI is better
October
MSI
of 3.3
higher
MSI
is better
for buyers.
October with
2017
MSI of of
3.3 2016
months
was
at its lowest
level The
compared
October
200
months
was at its lowest level compared with October of 2016
and 2015.
0
and 2015.
16.0
14.0
12.0
10.0
600
8.0
400
6.0
4.0
200
2.0
0
0.0
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 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 M J J A S O
14 15
16
17
14 15
16
17
800
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
100
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0