CAR ARCHIVED October 2017 | Page 20

Market Action Report
Lincoln
County: Lincoln
Agent Name
Market Action Report
County: Lincoln
October 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$339,000
-1%
5%
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
$410,470 Trending
-2% versus*:
6%
L3M 8%
PYM 11%
LY
20%
$339,000 -1%
5%
$336,299 11% 4% 9%
$410,470 -2%
6%
355 -5%
-5%
$295,648 20% 8% 11% 15%
82 -22%
-23%
$336,299 11% 4% 9% 14%
76 21% 17% -3%
355 -5%
-5%
$130
-7% -2%
4%
82 -22%
-23%
$135
12%
6%
76 21% 17% -3% 9%
6%
$130 4.3
-7% 22%
-2% 17%
4% 23%
2%
$135 95.4%
12% -.3%
6% -.5%
9% .5%
12%
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
$295,648
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 10%
Prior Year
$275,000
15%
14%
$309,522
7%
7%
5%
$275,000
10%
7%
1,026
11%
$309,522
7%
5%
6%
65 -13%
-10%
2%
$135
7%
5%
1,026
11%
12%
$125
4%
65 -13%
-10% 3%
-8% $135
3.7
-25%
7%
5% -20%
October Sold
Sale Price
Price per
vs Square
List Price
.2% $125 96.3%
1%
October
Foot Ratio
4% 1% 3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
4.3 22% 17% 23% -8%
3.7 -25%
-20%
of 96.3%
Properties
October Sale Price vs List Price Ratio
95.4% -.3% -.5% .5% Number
.2%
1% Sold 1%
3 Mo Avg
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
14
15
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
3 Mo Avg
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
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
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
| Price
c o Banker
ldw
e l l Brokerage
bank
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.
.
116
137
Median Sales Price and Average Sales Price
600
October
was 355, down
5.1% from
374 last
The
Total Inventory
of Properties
available
for month
sale as and
of down
4.8% from
October
last 374
year.
2017
Inventory 600 500
October
was 373
355, in
down
5.1% of
from
last October
month and
down
was from
at its 373
lowest
level compared
with October
October
of 2016
and 2015.
4.8%
in October
of last year.
2017
Inventory
500
400
was at its lowest level compared with October of 2016 and 2015.
400
300
300
A comparatively lower MSI is more beneficial for sellers while a 200
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for 2017
sellers
while
a 200
MSI is better
October
MSI
of 4.3
higher
MSI
is better
for level
buyers.
The October
2017 MSI of of 2016
4.3 and 100 100
months
was
at a mid
compared
with October
months
0
2015. was at a mid level compared with October of 2016 and
0
2015.
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
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
20 |
38
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
16
17
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
16
17
N D J F M
14
15
N D J F M A M
14
15
350
330
310
290
270
250
230
210
190
170
150
N D J F M
N D 14 J F 15
M A M
0
20
12.0
12.0
10.0
8.0
Prices
The Median Sales Price in October was $295,648, up 10.9%
Prices
from $266,500 in October of 2016 and up 19.7% from
The
Median last
Sales
Price in The
October
was Sales
$295,648,
$247,000
month.
Average
Price up
in 10.9%
October was 350
from
$266,500
in October
2016 and
19.7% of
from
$336,299,
up 9.5%
from of
$307,155
in up
October
2016 and up
330
$247,000
last $303,338
month. The
Average
Price 2017
in October
was at the
10.9% from
last
month. Sales
October
ASP was
310
$336,299,
up 9.5%
from $307,155
in October
2016
and up
highest level
compared
to October
of 2016 of
and
2015.
10.9% from $303,338 last month. October 2017 ASP was at the 290
270
highest level compared to October of 2016 and 2015.
250
230
210
190
170
150
40
0
60
20
80
40
100
60
3 Mo Avg
120
80
Number of Properties Sold
140
October Property sales were 82, down 22.6% from 106 in
October of 2016 and 21.9% lower than the 105 sales last month.
Property
Sales
October 2017
sales were at a mid level compared to October of 160
October
Property
were YTD
82, down
22.6%
from
in 11.2%
2016 and
2015. sales
October
sales of
1,026
are 106
running
October of 2016 and 21.9% lower than the 105 sales last month. 140
ahead of last year's year-to-date sales of 923.
October 2017 sales were at a mid level compared to October of
120
2016 and 2015. October YTD sales of 1,026 are running 11.2%
ahead of last year's year-to-date sales of 923.
100
160
6.0
4.0
2.0
0.0
A S O
10.0
8.0
6.0
4.0
2.0
0.0