CAR ARCHIVED September 2017 | Page 14

Market Action Report
September 2017
County: Union
UNION
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: Union 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 | Properties: SFH - Con
Median List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
$1,287,000 0%
-8%
Trending versus*:
$1,465,356 Trending
-1% versus*:
-0%
Month
LM L3M PYM LY
YTD
Prior YTD Prior Year
$1,361,000
5%
6%
$1,287,000
0% 1% 8%
-8% 5% 14% $1,260,500
$1,333,625
0% $1,284,327
-4%
-4%
$1,465,356
-1% 4% 5%
-0% 1%
$1,361,000 72
1% 3%
8% 5% 7%
14% $1,260,500
5%
6%
September Average
Number
of Properties
Sold
4 -56%
58
September
Sales
Price
$1,333,625 4%
5% 1% 0%
0% $1,284,327
-4% 21% -4%
September
Average
Days for
on Sale
Market
(Solds)
100
5%
9%
Total
Properties
Currently
(Inventory)
72 92
3% -55% -15%
7% -12% 0%
Asking Price
per Square
Foot (based
$230
16%
September
Number
of Properties
Sold on New Listings)
4 -56% -44% -26%
0% 17% 3%
58 $259
21% 20%
September
Days per
on Square
Market Foot
(Solds)
92
-55% -19%
-15% -9%
-12% -12%
0% -15%
100 $192 5% -2% 9%
September Average
Sold Price
$172
-4%
Asking
Price Month's
per Square
Foot (based
on New Listings)
$230 18.0
-44% 131%
-26% 9%
17% 7%
3% 32% $259 11.2
20% -11% 16% -18%
September
Supply
of Inventory
September
per
Foot Ratio
$172 90.2%
-19% -7.1%
-9% -4.9%
-12% -.1%
-15% -4.8% $192 93.7%
-2% -2% -4% -1%
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 18.0 131% 9%
September
of Inventory
7% 32%
11.2 -11%
-18%
September Sale Price vs List Price Ratio
90.2% -7.1% -4.9% -.1% Number
-4.8%
93.7%
-2%
of Properties Sold -1%
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
Prices
Median Sales Price and Average Sales Price
J A S
The Median Sales Price in September was $1,361,000, up 5.1%
Prices
from $1,295,000 in September of 2016 and up 0.8% from
2,200
The Median Sales Price in September was $1,361,000, up 5.1%
$1,350,000
last in
month.
The of
Average
Sales
September
from
$1,295,000
September
2016 and
up Price
0.8% in
from
2,200 2,000
was
$1,333,625,
up
1.1%
from
$1,319,500
in
September
of
2016
$1,350,000 last month. The Average Sales Price in September
and $1,333,625,
up 3.6% from
$1,287,445
last month.
September
2,000
was
up 1.1%
from $1,319,500
in September
of 2017
2016 ASP
1,800
was up at 3.6%
the highest
level compared
to September
of 2017
2016 ASP
and
and
from $1,287,445
last month.
September
1,800
2015.
was at the highest level compared to September of 2016 and
1,600
2015.
1,600
1,400
0
3 Mo Avg
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
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
14
15
16 Price and Average Sales
17 Price
Median Sales
0
0
2 2
4 4
6
Number of Properties Sold
14
September Property sales were 4, equal to 4 in September of
2016 and 55.6%
Property
Sales lower than the 9 sales last month. September 14 12
2017 sales Property
were at their
highest
level to
compared
to September
of
September
sales were
4, equal
4 in September
of
2016 and
and 55.6%
2015. lower
September
sales
58 are running
20.8% 12 10
2016
than the YTD
9 sales
last of month.
September
ahead
of were
last year's
year-to-date
of 48. to September of
2017
sales
at their
highest level sales
compared
8
10
2016 and 2015. September YTD sales of 58 are running 20.8%
ahead of last year's year-to-date sales of 48.
8 6
Property Sales
3 Mo Avg
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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
14
| 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.
40
30
20
10
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
16
17
14 14 15 15
16
17
50.0
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
20
higher
MSI
is
better
for
buyers.
The
September
2017
MSI
of
higher MSI is better for buyers. The September 2017 MSI of
18.0 months
months
was
a mid
level
compared
with
September
18.0
was
at at
a mid
level
compared
with
September
of of 10
2016 and
and 2015.
2015.
0
2016
2015.
60.0
60.0
Inventory & MSI
Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
available
sale as
o f up 7.5%
80
September
was 72, of up Properties
2.9% from
70 last for
month
and
80
September was 72, up 2.9% from 70 last month and up 7.5%
from 67 in September of last year. September 2017 Inventory 70 70
from 67 in September of last year. September 2017 Inventory
60
was at its highest level compared with September of 2016 and
60
was at its highest level compared with September of 2016 and
2015.
50
40.0
50.0
40.0
30.0 30.0
20.0 20.0
10.0 10.0
0.0
J A S 0.0