CAR ARCHIVED September 2017 | Page 12

Market Action Report
September 2017
County: Mecklenburg
MECKLENBURG
Market Action Report
Agent Name
September 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM LY
Other
County: Mecklenburg
Community
Information | School District
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
$1,475,000 -2%
-2%
Trending versus*:
$1,870,865 Trending
-1% versus*:
3%
Month
LM L3M PYM LY
YTD
Prior YTD Prior Year
$1,212,500
3%
2%
$1,475,000
-2% -12% -7%
-2% 0% -6% $1,309,500
$1,386,324
1%
0%
$1,870,865
-1% -14% -4%
3% 1% -5% $1,460,987
$1,212,500 301
-12% 6%
-7% 0% 8%
-6% $1,309,500
3%
2%
September Average
Number
of Properties
Sold
22 -15%
September
Sales
Price
$1,386,324 -14%
-4% 1% -21%
-5% $1,460,987 279
1% 13% 0%
September
Average
Days for
on Sale
Market
(Solds)
85
2%
-4%
Total
Properties
Currently
(Inventory)
301 81
6% -23% -8%
8% 13% -9%
Asking Price
per Square
Foot (based
$314
1%
September
Number
of Properties
Sold on New Listings)
22
-15% -2% -2%
-21% -6% -1%
279 $318
13% 1%
September Average
Sold Price
$293
4% -4%
2%
September
Days per
on Square
Market Foot
(Solds)
81
-23% -9%
-8% -1%
13% 5%
-9% 0%
85 $299 2%
Asking
Price Month's
per Square
Foot (based
on New Listings)
$314 13.7
-2% 25%
-2% 20%
-6% 37%
-1% 32% $318 10.4
1% -2% 1%
September
Supply
of Inventory
1%
September
per
Foot Ratio
$293 96.0%
-9% .8%
-1% 1.9%
5% 4.8%
0% 2.9% $299 94.1%
4%
September Sold
Sale Price
Price
vs Square
List Price
1% 2%
1%
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 13.7 25% 20% 37%
September
of Inventory
32%
10.4
-2%
1%
September Sale Price vs List Price Ratio
96.0% .8% 1.9% 4.8% Number
2.9%
1% Sold 1%
of 94.1%
Properties
Average List Price of all Current Listings
Market Profile & Trends Overview
September
Median
Sales
Price Listings
Median
List Price
of all
Current
September
Average
Sales
Price Listings
Average
List Price
of all
Current
Total Properties
for Sale (Inventory)
September
Median Currently
Sales Price
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
60
September Property sales were 22, down 21.4% from 28 in
September Sales
of 2016 and 15.4% lower than the 26 sales last
Property
60 50
month. September
2017 were
sales
were
at 21.4%
a mid from
level 28
compared
to
September
Property sales
22,
down
in
September of of
2016
and
2015.
September
sales
of 279 are
September
2016
and
15.4%
lower
than the YTD
26 sales
last
50 40
running
13.0% ahead
last were
year's
sales of 247.
month.
September
2017 of sales
at year-to-date
a mid level compared
to
September of 2016 and 2015. September YTD sales of 279 are
40 30
running 13.0% ahead of last year's year-to-date sales of 247.
Number of Properties Sold
3 Mo Avg
30 20
Prices
15
31
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
Median Sales Price and Average Sales Price
1,700
3 Mo Avg
0
0
10
20 10
The Median Sales Price in September was $1,212,500, equal to
Prices
$1,212,500 in September of 2016 and down 11.8% from
The Median Sales Price in September was $1,212,500, equal to
$1,375,000 last month. The Average Sales Price in September 1,700 1,600
$1,212,500 in September of 2016 and down 11.8% from
was $1,386,324,
up 1.0%
$1,373,261
in September
of 2016
$1,375,000
last month.
The from
Average
Sales Price
in September
and $1,386,324,
down 14.2%
last month.
September
2017 1,600 1,500
was
up from
1.0% $1,615,102
from $1,373,261
in September
of 2016
ASP
was 14.2%
at a mid
range
compared
September
of 2016
and 1,500
and
down
from
$1,615,102
last to
month.
September
2017
1,400
2015.
ASP
was at a mid range compared to September of 2016 and
1,400
1,300
1,300
1,200
1,200
1,100
1,100
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
200
150
150
comparatively
lower
MSI
is more
beneficial
for sellers
while
A A comparatively
lower
MSI
is more
beneficial
for sellers
while
a a
100 100
higher MSI
MSI
better
buyers.
September
2017
higher
is is
better
for for
buyers.
The The
September
2017
MSI MSI
of of
50 50
13.7 months
months
was
highest
level
compared
September
13.7
was
at at
its its
highest
level
compared
with with
September
of of
0
2016 and
and 2015.
2015.
0
2016
J A
F 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
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
12
| 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
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
verify
and all information
to such consumer’s
estate transaction.
200
25.0
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
The
Total Inventory
of up
Properties
available
for month
sale as of
September
was 301,
5.6% from
285 last
and up 7.5% 350 350
September
301, up 5.6%
from year.
285 last
month and
up Inventory
7.5%
300
from 280 was
in September
of last
September
2017
300
from 280 in September of last year. September 2017 Inventory
was at its highest level compared with September of 2016 and
250
was at its highest level compared with September of 2016 and
250
2015.
2015.
20.0
15.0
10.0
25.0
20.0
15.0
10.0
5.0 5.0
0.0
J A S 0.0