CAR ARCHIVED October 2017 | Page 16

Market Action Report
October 2017
County: Union
UNION
Market Action Report
Agent Name
October 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
County: Union Information | School District
Community
0%
-11%
Trending versus*:
Trending versus*:
Average List Price of all Current Listings
$1,511,724
3%
-3%
Market Profile & Trends Overview
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
October
Median
Sales
Price Listings
$1,415,000
5%
5%
Median
List
Price of
all Current
$1,290,000
0% 26% 15%
-11% 26% 19% $1,256,000
October
Average
Sales
Price
$1,415,000
10%
12%
14%
6%
$1,285,589
-3%
-4%
Average List Price of all Current Listings
$1,511,724 3%
-3%
Total Properties
Currently
67 -7%
October
Median Sales
Price for Sale (Inventory)
$1,415,000 26%
15% 26% 6%
19% $1,256,000
5%
5%
October Average
Number
of Properties
Sold
2 -60%
61
October
Sales
Price
$1,415,000 10%
12% 14% -67%
6% $1,285,589
-3% 13% -4%
October
Average
Days on for
Market
(Solds)
73 -3% -45%
98
5%
7%
Total
Properties
Currently
Sale (Inventory)
67 -7%
6% -5% -21%
Asking Number
Price per of Square
Foot Sold
(based on New Listings)
$218
16%
October
Properties
2 -60% -17% -36%
-67% -11% -2%
61 $259
13% 19%
October
Days per
on Square
Market Foot
(Solds)
73
-3% 35%
-45% 19%
-5% 7%
-21% 15%
98 $193 5% -3% 7%
October Average
Sold Price
$231
-4%
Asking
Price
per Square
Foot
on New Listings)
$218 33.5
-17% 133%
-36% 81%
-11% 219%
-2% 145% $259 13.0
19% 6% 16% -5%
October
Month's
Supply
of (based
Inventory
October
Foot Ratio
$231 89.2%
35% -2.3%
19% -5.7%
7% -.7%
15% -5.8% $193 93.6%
-3% -1% -4% -1%
October Sold
Sale Price
Price per
vs Square
List Price
* LM=Last Month
/ L3M=Last
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 33.5 133% 81% 219% 145%
October
Month's
Supply
Inventory
13.0
6%
-5%
October Sale Price vs List Price Ratio
89.2% -2.3% -5.7% -.7% Number
-5.8%
93.6%
-1%
of Properties 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
4
3 Mo Avg
5
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
14
15
16
17
Median Sales
Price and Average Sales
Price
Prices
The Median Sales Price in October was $1,415,000, up 25.8%
Prices
from
$1,124,500
in October
of 2016
and up 26.1%
2,200
The
Median
Sales Price
in October
was $1,415,000,
up from
25.8%
$1,122,000
last in month.
Average
Price from
in October was
from
$1,124,500
October The
of 2016
and Sales
up 26.1%
2,200
$1,415,000,
up month.
14.4% The
from Average
$1,236,540
October
of 2016
2,000
$1,122,000
last
Sales in
Price
in October
was and
up 10.0% from
$1,286,900
last month.
October of 2017
$1,415,000,
up 14.4%
from $1,236,540
in October
2016 ASP
and was 2,000
1,800
at the highest level compared to October of 2016 and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,600
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Copyright
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
16
| © Coldwell
coldwellbankerluxury.com
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
all relevant
real estate
Coldwell Coldwell
Banker Residential
Brokerage Brokerage
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc. may
and not
may
not reflect
all relevant
real activity.
estate activity.
Banker Residential
does
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.
does not not
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.
60.0
50.0
60.0
80
70
60
50
40
30
20
10
0
J F A M
D A J M
F M
N D N J D F M
M A J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M
J J A A M S J O J
16
17
14 14
15 15
16
17
Inventory & MSI
Inventory
& MSI of Properties available for sale as of
The Total Inventory
The Total Inventory of Properties available for sale as of
October was 67, down 6.9% from 72 last month and up 6.3% 80
October was 67, down 6.9% from 72 last month and up 6.3%
from 63 in October of last year. October 2017 Inventory was at 70
from 63 in October of last year. October 2017 Inventory was at
its highest level compared with October of 2016 and 2015.
its highest level compared with October of 2016 and 2015.
60
50
40
30
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
higher MSI
MSI
better
buyers.
October
2017
of 33.5 20
higher
is is
better
for for
buyers.
The The
October
2017
MSI MSI
of 33.5
months was
was
highest
level
compared
with
October
of 2016 10
months
at at
its its
highest
level
compared
with
October
of 2016
and 2015.
2015.
0
and
up 10.0% from $1,286,900 last month. October 2017 ASP was
at the highest level compared to October of 2016 and 2015.
0
0
2 2
4 4
6
Number of Properties Sold
14
October Property sales were 2, down 66.7% from 6 in October of
2016 and 60.0%
Property
Sales lower than the 5 sales last month. October 14 12
2017 sales
were sales
at their
lowest
level
compared
October
Property
were
2, down
66.7%
from 6 to in October
October of
of
2016 and
and 60.0%
2015. lower
October
61 month.
are running
13.0% 12 10
2016
than YTD
the 5 sales
sales of
last
October
ahead
of last
year-to-date
of 54. to October of
2017
sales
were year's
at their
lowest level sales
compared
10 8
2016 and 2015. October YTD sales of 61 are running 13.0%
ahead of last year's year-to-date sales of 54.
8 6
Property Sales
$1,290,000
Trending versus*:
Prior YTD Prior Year
YTD
Market Profile & Trends Overview
Price Range: $1,000,000 and Up | Properties: SFH - Con
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
40.0
50.0
40.0
30.0 30.0
20.0 20.0
10.0 10.0
0.0
A S O 0.0