CAR ARCHIVED October 2017 | Page 8

GASTON

Community Information | School District
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
$ 1,250,000
0 %
-4%
Average List Price of all Current Listings
$ 1,358,030
-3%
-0%
October Median Sales Price
$ 1,125,179
-2%
0 %
-9%
$ 1,150,000
-7%
-7%
October Average Sales Price
$ 1,125,179
-2%
3 %
-20%
$ 1,183,208
-4%
-16%
Total Properties Currently for Sale ( Inventory )
9
29 %
0 %
October Number of Properties Sold
1
0 %
6
200 %
October Average Days on Market ( Solds )
1 -100% -100%
-98%
170
240 %
174 %
Asking Price per Square Foot ( based on New Listings )
$ 230
-32% -14%
0 %
-15%
$ 255
-10%
-6%
October Sold Price per Square Foot
$ 301
6 %
22 %
50 %
$ 216
23 %
7 %
October Month ' s Supply of Inventory
9.0
29 %
13 %
0 %
29 %
6.8
13 %
-3%
October Sale Price vs List Price Ratio
106.3 %
17.2 % 10.2 %
14.5 %
94.2 %
3 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales October Property sales were 1 , up from 0 in October of 2016 and the same as the 1 sales last month . October 2017 sales were at their highest level compared to October of 2016 and 2015 . October YTD sales of 6 are running 200.0 % ahead of last year ' s year-to-date sales of 2 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in October was $ 1,125,179 , up from $ 0 in October of 2016 and down 2.2 % from $ 1,150,000 last month . The Average Sales Price in October was $ 1,125,179 , up from $ 0 in October of 2016 and down 2.2 % from $ 1,150,000 last month . October 2017 ASP was at the highest level compared to October of 2016 and 2015 .
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
-1 14 15 16
17 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
0 0 0 0 1 1 0 1 1 3 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 1 0 0 0 0 2 0 1 1 1
1,400 1,200 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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of October was 9 , up 28.6 % from 7 last month and equal to 9 in October of last year . October 2017 Inventory was at its highest level compared with October of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2017 MSI of 9.0 months was at its highest level compared with October of 2016 and 2015 .
10 8 6 4 2 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
10 10.0
8 8.0
6 6.0
4 4.0
2 2.0
0 0.0
N D NJ
DF MJ FA M AJ MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ A S O
14 14 15 15
16 16
17 17
4
4
4 4 4
4
3 3
5
3
6
5 6
3
6
6
4 4
5
4
4
5
7 7
7
5
7
5
4 4
5
4
4
7
6 6 5
8
6
6
7
9
9
9 9
8 9
9
9
9
7
7
8
7 8
7 8
8
8
6 6
8
6
8 8
7
6
9
8
8
7
9
10.0 8.0 6.0 4.0 2.0 0.0
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