CAR ARCHIVED October 2017 | Page 33

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

County : Berkeley

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
$ 270,500
1 %
8 %
Average List Price of all Current Listings
$ 397,123
-1%
9 %
October Median Sales Price
$ 235,000
1 %
1 %
7 %
6 %
$ 230,000
5 %
4 %
October Average Sales Price
$ 282,507
5 %
1 %
5 %
8 %
$ 273,500
5 %
5 %
Total Properties Currently for Sale ( Inventory )
942
-5%
5 %
October Number of Properties Sold
304
-8%
6 %
3,371
5 %
October Average Days on Market ( Solds )
53
13 %
13 %
15 %
-5%
48
-17%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 131
-6%
0 %
1 %
4 %
$ 132
5 %
5 %
October Sold Price per Square Foot
$ 125
1 %
0 %
3 %
7 %
$ 124
6 %
6 %
October Month ' s Supply of Inventory
3.1
4 %
6 %
-1%
4 %
2.9
-3%
-1%
October Sale Price vs List Price Ratio
97.5 %
-. 2 %
-. 4 %
. 0 %
-. 2 %
97.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Berkeley

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
450
October Property sales were 304 , up 5.9 % from 287 in October of 2016 and 7.9 % lower than the 330 sales last month . October
400
Property
2017 sales Sales were at their highest level compared to October of
450
350
October
2016 and Property
2015 . sales October were YTD 304 , sales up 5.9 of % 3,371 from are 287 running in October
5.3 % of 2016 and 7.9 % lower than the 330 sales last month . October
400
300 ahead of last year ' s year-to-date sales of 3,200 .
2017 sales were at their highest level compared to October of
350
250
2016 and 2015 . October YTD sales of 3,371 are running 5.3 %
300 ahead of last year ' s year-to-date sales of 3,200 .
200
Number of Properties Sold
3 Mo Avg
250
150
200
100
150
50
100
0
50
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
Prices
The Median Sales Price in October was $ 235,000 , up 6.8 % from
N
D
J
F M A M J
14
15
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
16
17
J
A S O
3 Mo Avg
Prices
$ 220,000 in October of 2016 and up 1.0 % from $ 232,750 last
290
The month Median . The Sales Average Price Sales in October Price was in October $ 235,000 was , up $ 282,507 6.8 % from , up
$
5.3 220,000 % from in $ October 268,352 of in 2016 October and up of 2016 1.0 % from and up $ 232,750 5.0 % from last
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 269,028 . The last Average month Sales . October Price in 2017 October ASP was was $ at 282,507 the highest , up
5.3 level % from compared $ 268,352 to October in October of 2016 of 2016 and and 2015 up . 5.0 % from
$ 269,028 last month . October 2017 ASP was at the highest
270
250
250
230
level compared to October of 2016 and 2015 .
230
210
210 190
190 170
170 150
150
242 261 188 222 292
242 261 188 222 292 296 284 329 344 303 327 248 252 300 211 236 345 324 357 389 369 342 340 287 292 335 258 298 348 294 372 412 380 375 330 304
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 942 , down of Properties 4.6 % from available 987 last for month sale as of and up 4.9 %
1,400
October from 898 was in 942 October , down of 4.6 last % from year . 987 October last month 2017 and Inventory up 4.9 % was at
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
from a mid 898 level in October compared of last with year October . October of 2016 2017 and Inventory 2015 . was at a mid level compared with October of 2016 and 2015 .
1,2001,000
1,000
800
6.0
5.0
800
600
4.0
A comparatively lower MSI is more beneficial for sellers while a
600
3.0
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 3.1 a
400
2.0 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of of 3.12016
200 months was at its lowest level compared with October of 2016
200
1.0 and 2015 .
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
296 284 329 344 303 327
1,133 1,098 1,120 1,107 1,144 1,171 1,190 1,223 1,214 1,149 1,170 1,113 1,050 976 1,007 949
Number of Properties Sold
248 252 300 211 236 345 324
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
1,133 1,098 1,120 1,107 1,144 1,171 1,190 1,223 1,214
357 389 369 342 340
1,149 1,170 1,113 1,050 976 1,007 949 978 950 908 913 906 898 883 898
287
862 292 335
978 950 908 913 906 898 883 898 862 849 864 935 996 962 258 298 348 294
849 864 935 996 962 1,035
372
1,035 1,045 1,017 1,004 987 942 412 380
1,045 1,017 1,004
3 Mo Avg
375 330
987 942
304
7.0 6.0 5.0
4.0 3.0 2.0 1.0 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 Residentia 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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