CAR ARCHIVED September 2017 | Page 10

Market Action Report
September 2017
County: Lincoln
LINCOLN
Market Action Report
Agent Name
September 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM LY
Other
$1,637,000
0%
2%
County: Lincoln Information | School District
Community
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$1,723,167 Trending
-2% versus*:
-4%
Month
LM L3M PYM LY
YTD
Prior YTD Prior Year
$1,315,000
$1,195,000
-22%
-3%
$1,637,000
0% 22% 7%
2% 18% 7%
$1,315,000
22%
6%
18%
-10%
$1,207,955
-33%
-18%
$1,723,167 -2%
-4%
Total Properties
for Sale (Inventory)
12 -14%
September
Median Currently
Sales Price
$1,315,000 22%
7% 18% -8%
7% $1,195,000
-22%
-3%
September Average
Number
of Properties
Sold
2 0%
11 175% -18%
September
Sales
Price
$1,315,000 22%
6% 18% 100%
-10% $1,207,955
-33%
September
Average
Days for
on Sale
Market
(Solds)
110 -29%
-15%
Total
Properties
Currently
(Inventory)
12 201
-14% 33% 66%
-8% -17% 55%
Asking Price
per Square
Foot (based
$243
15%
September
Number
of Properties
Sold on New Listings)
2 0% -13% -36%
100% -35% -19%
11 $343
175% 20%
September Average
Sold Price
$234
September
Days per
on Square
Market Foot
(Solds)
201
33% 22%
66% -4%
-17% 35%
55% -11%
110 $240
-29% -10% -15% -9%
September
Supply
of Inventory
6.0 -14%
9.4
Asking
Price Month's
per Square
Foot (based
on New Listings)
$243 -13%
-36% 9%
-35% -54%
-19% -23% $343
20% 7% 15% 20%
September
per
Foot Ratio
$234 90.6%
22% 8.1%
-4% .9%
35% 12.0%
-11% -2.0% $240 89.9%
-10% -7% -9% -3%
September Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
September
of Inventory
6.0 -14% 9% -54% -23%
9.4
7%
20%
September Sale Price vs List Price Ratio
90.6% 8.1% .9% 12.0% Number
-2.0%
-7% Sold -3%
of 89.9%
Properties
Average List Price of all Current Listings
Market Profile & Trends Overview
September Median Sales Price
Median List Price of all Current Listings
September
Average
Sales
Price Listings
Average
List Price
of all
Current
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
5
Prices
-1
The Median Sales Price in September was $1,315,000, up 18.2%
Prices
from $1,112,500 in September of 2016 and up 21.8% from
2,000
The Median Sales Price in September was $1,315,000, up 18.2%
$1,080,000 last month. The Average Sales Price in September
from $1,112,500 in September of 2016 and up 21.8% from
2,000
was
$1,315,000,
up
18.2%
from
$1,112,500
in
September
of
2016
$1,080,000 last month. The Average Sales Price in September
1,800
and $1,315,000,
up 21.8% from
$1,080,000
last month.
September
2017
was
up 18.2%
from $1,112,500
in September
of 2016
1,800
ASP
at the
highest
level compared
to September
September 2017
of 2016
and
up was
21.8%
from
$1,080,000
last month.
1,600
and was
2015.
ASP
at the highest level compared to September of 2016
and 2015.
0
Median Sales Price and Average Sales Price
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 M J J A S
14
15
16
17
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 M J J A S
Median Sales
14
15
16 Price and Average Sales
17 Price
3 Mo Avg
0
0
-1
1
1
1
1
2
2
2
2
3
3
3
3
4
3 Mo Avg
4
4
5
Number of Properties Sold
4
September Property sales were 2, up 100.0% from 1 in
September Sales
of 2016 and the same as the 2 sales last month.
Property
September Property
2017 sales
were
highest from
level 1 compared
to
September
sales
were at 2, their
up 100.0%
in
September of of
2016
and
2015.
YTD
of 11 are
September
2016
and
the
same September
as the 2 sales
last sales
month.
running 175.0%
ahead
of at
last
year's
year-to-date
sales of
September
2017 sales
were
their
highest
level compared
to 4.
September of 2016 and 2015. September YTD sales of 11 are
running 175.0% ahead of last year's year-to-date sales of 4.
Property Sales
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 M J J A S
O N 14
D 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
14
15
16
17
10.0
10.0
15.0
15.0
5
10
A comparatively lower MSI is more beneficial for sellers while a 10
A comparatively lower MSI is more beneficial for sellers while a
higher MSI
MSI
better
buyers.
September
2017
of 6.0 5
higher
is is
better
for for
buyers.
The The
September
2017
MSI MSI
of 6.0
months was
was
lowest
level
compared
with
September
of 2016
months
at at
its its
lowest
level
compared
with
September
of 2016
and 2015.
2015.
0
and
20.0
20.0
15
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory
& MSI of Properties available for sale as of
The Total Inventory
25
The
Total Inventory
Properties
for sale
as of and down
September
was 12, of
down
14.3% available
from 14 last
month
25
September
12, September
down 14.3% of from
14 last September
month and 2017
down
7.7% from was
13 in
last year.
20
7.7%
from 13 was
in September
of level
last year.
September
2017
Inventory
at its lowest
compared
with September
of 20
Inventory was at its lowest level compared with September of
2016 and 2015.
15
5.0
0
0.0
J F A M
D A J M
F M
O N O 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 J A S
16
17
14 14 15 15
16
17
Copyright
© Coldwell
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
Data
is is
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Triad Triad
MLS, MLS,
Inc. and
reflect
relevant
real estate
Coldwell Coldwell
Banker Residential
Brokerage Brokerage
Data
provided
courtesy
of Charlotte
Regional
REALTOR
Association,
Inc. may
and not
may
not all
reflect
all relevant
real activity.
estate activity.
Banker Residential
10
| coldwellbankerluxury.com
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller or to seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
does
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or guarantee
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of this
information.
It is responsibility
the responsibility
any or
buyer
verify
and all information
to such consumer’s
estate transaction.
5.0
0.0