Market Action Report October 2017
Community Information | School District
Market Action Report October 2017
County : Davie
Price Range : All | Properties : SFH - Con
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 |
$ 235,000 |
-6% |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 320,752 |
-2% |
|
6 % |
|
|
|
|
October Median Sales Price |
$ 212,500 |
27 % |
18 % |
5 % |
19 % |
$ 174,950 |
-1% |
-2% |
October Average Sales Price |
$ 220,511 |
13 % |
-3% |
0 % |
5 % |
$ 212,881 |
4 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
244 |
-2% |
|
-15% |
|
|
|
|
October Number of Properties Sold |
47 |
7 % |
|
7 % |
|
444 |
-1% |
|
October Average Days on Market ( Solds ) |
87 |
21 % |
23 % |
19 % |
-22% |
96 |
-10% |
-14% |
Asking Price per Square Foot ( based on New Listings ) |
$ 106 |
-8% |
-5% |
5 % |
4 % |
$ 110 |
8 % |
8 % |
October Sold Price per Square Foot |
$ 107 |
10 % |
7 % |
9 % |
17 % |
$ 96 |
5 % |
5 % |
October Month ' s Supply of Inventory |
5.2 |
-8% |
0 % |
-20% -23% |
6.0 |
-14% |
-11% |
October Sale Price vs List Price Ratio |
93.0 % -1.7% -. 6 % -1.9% -. 0 % |
92.8 % |
-1% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 47 , up 6.8 % from 44 in October of 2016 and 6.8 % higher than the 44 sales last month . October Property 2017 sales Sales were at their highest level compared to October of 70 October 2016 and
Property
2015 . sales October were YTD 47 , up sales
6.8 of % 444 from are 44 running in October
0.7 of % 2016 and 6.8 % higher than the 44 sales last month . October behind last year ' s year-to-date sales of 447 .
60
2017 sales were at their highest level compared to October of 2016 and 2015 . October YTD sales of 444 are running 0.7 % 50 behind last year ' s year-to-date sales of 447 . 40 30 20
70 60 50 40 30 20 10
Number of Properties Sold
28 33 30 29 35 40 49 53 58 43 43 38 24 32 36 36 39 48 39 65 56 47 37 44 38 50 38 21 50 31 64 59 37 53 44 47
432
Davie
28
382
432 33 30
Agent Name
Title Phone Website Other
Community Information | School District
29 35 40 49 53 58
357
347 382
348 357
349 347
344 348
370 349
368 344
370 370
374 368
43 370
351
335 43 38
Number of Properties Sold
10
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
0 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
Prices Median Sales Price and Average Sales Price
14 15 16
17
3 Mo Avg The Median Sales Price in October was $ 212,500 , up 5.1 % from Prices
300 $ 202,125 in October of 2016 and up 27.1 % from $ 167,250 last
Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in October Price was in October $ 212,500 was , up $ 220,511 5.1 % from , up
280
300 $ 0.3 202,125 % from in October $ 219,856 of in 2016 October and up of 27.1 2016 % and from up $ 167,250 13.2 % from last 260 month . The Average Sales Price in October $ 220,511 , up
280 $ 194,779 last month . October 2017 ASP was at the highest level 240 0.3 % from $ 219,856 in October of 2016 and up 13.2 % from 260 compared to October of 2016 and 2015 .
220
$ 194,779 last month . October 2017 ASP was at the highest level 240 200 compared to October of 2016 and 2015 . 220
180 200
160 180
140
160 140
120
120 100
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 D14J
F 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
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 October Total Inventory was 244 , down of Properties 2.0 % from available 249 last for sale month as of and down 500
18.0
October 15.0 % from was 244 287 , down in October 2.0 % from of last 249 year last . October month and 2017 down Inventory 500
18.0 16.0 400
15.0 was % at from its lowest 287 in level October compared of last year with . October 2017 of 2016 Inventory and 2015 .
16.0 14.0
400 was at its lowest level compared with October of 2016 and 2015 .
14.0 12.0 300
12.0 10.0 300
10.0 8.0 200
A comparatively lower MSI is more beneficial for sellers while a 8.0
200 6.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 5.2 a 6.0
100 4.0 higher MSI is better for buyers . The October 2017 MSI of 5.2 100 4.0 months was at its lowest level compared with October of 2016 2.0 months was at its lowest level compared with October of 2016 2.0 and 2015 . 0
0.0 and 2015 .
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 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
24 32 36 36 39 48 39 65 56
3 Mo Avg
374
309 351
306 335
298
309 315
306 316
298 311
315 302
316
305 303
311
274
302
287 305
246 303
235 274
241 287
236 246
243 235
232 241
244 236
244 243
252 232
249 244 249
244 244 252
47 37 44 38 50 38 21 50 31 64 59
249 37
249
3 Mo Avg
53
244 44 47
14 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : 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 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 .