CAR ARCHIVED September 2017 | Page 17

Market Action Report September 2017
Market Action Report September 2017

BERKELEY

County : Berkeley

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,382,375
2 %
0 %
Average List Price of all Current Listings
$ 1,710,289
8 %
2 %
September Median Sales Price
$ 1,625,000
3 %
12 %
36 %
26 %
$ 1,250,000
-2%
-3%
September Average Sales Price
$ 1,436,667
-14%
-4%
10 %
3 %
$ 1,482,910
7 %
6 %
Total Properties Currently for Sale ( Inventory )
66
6 %
14 %
September Number of Properties Sold
3 -63%
-57%
52
13 %
September Average Days on Market ( Solds )
256
65 % 110 % 216 % 153 %
113
1 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 431
28 %
16 % -12%
19 %
$ 358
-2%
-1%
September Sold Price per Square Foot
$ 321
-24%
-8%
-2%
-3%
$ 333
1 %
1 %
September Month ' s Supply of Inventory
22.0
184 % 81 % 166 % 110 %
11.0
5 %
5 %
September Sale Price vs List Price Ratio
86.5 % -3.9% -6.5% -13.1% -7.9%
93.9 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
10
September Property sales were 3 , down 57.1 % from 7 in
September of 2016 and 62.5 % lower than the 8 sales last month .
Property
September
Sales 2017 sales were at their lowest level compared to
10
September Property sales were 3 , down 57.1 % from 7 in
September of 2016 and 2015 . September YTD sales of 52 are
9
September of 2016 and 62.5 % lower than the 8 sales last month . running 13.0 % ahead of last year ' s year-to-date sales of 46 .
September 2017 sales were at their lowest level compared to
8
9
8
7
6
Number of Properties Sold
3 Mo Avg
September of 2016 and 2015 . September YTD sales of 52 are
7
5
running 13.0 % ahead of last year ' s year-to-date sales of 46 .
6
4
5
3
4
2
3
1
2
0
1
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
0
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
Prices
14
15
Median Sales
16 Price and Average Sales
17 Price
3 Mo Avg
The Median Sales Price in September was $ 1,625,000 , up 35.6 %
Prices
2,000 from $ 1,198,073 in September of 2016 and up 2.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in September was $ 1,625,000 , up 35.6 %
1,900
$ 1,584,950 last month . The Average Sales Price in September
2,000 from was $ 1,198,073 1,436,667 in , up September 9.7 % from of 2016 $ 1,309,180 and up in 2.5 September % from of 2016
1,800
1,900
$ and 1,584,950 down last 13.8 month % from . The $ 1,667,512 Average last Sales month Price . in September 2017
1,700 was $ 1,436,667 , up 9.7 % from $ 1,309,180 in September of 2016
1,800
ASP was at a mid range compared to September of 2016 and
1,600 and down 13.8 % from $ 1,667,512 last month . September 2017
1,700
2015 .
1,500
ASP was at a mid range compared to September of 2016 and
1,600
1,400
2015 .
1,500
1,300
1,400
1,300
1,200
1,2001,100
1,1001,000
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
N14D
J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S
14
15
16
17
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The September Total Inventory was 66 , of up Properties 6.5 % from available 62 last for month sale as and of up 13.8 % September from 58 in was September 66 , up 6.5 of % last from year 62 . last September month and 2017 up Inventory 13.8 %
80
from was 58 at its in September highest level of last compared year . September with September 2017 Inventory of 2016 and 70 was 2015 at . its highest level compared with September of 2016 and 60 2015 .
50
40 A comparatively lower MSI is more beneficial for sellers while a 30 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 20
higher 22.0 months
MSI is better was at for its buyers highest
. The level
September compared
2017 with
MSI September
of 22.0 months was at its highest level compared with September 10 of 2016 and 2015 . of 2016 and 2015 .
0
2 5
Total Inventory & Month ' s Supply of Inventory ( MSI )
80
Total Inventory & Month ' s Supply of Inventory ( MSI )
70
60.0
60
50.0
50
40
40.0
30
30.0
20
20.0
10
10.0
0
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
O
N D
J
F M A 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
14
15
16
17
0.0
J
A S
49
47 49 47
48 45
50 45
52 48
50 50
50 52
53 50
52 50
47 53
46 52
45 45
6
Agent Name
Title Phone Website Other
5 1 8 4 6 7 8 5
47 43
4
Number of Properties Sold
46 39
1 43
44 4 39
37 5 3 4 5 6
49 49 52
58
51
58 53
57 53
49 44 49
52 51 53 53
37
6 5 3 7
58 58 57 68
56 64
64 59 63 61 62 66
53 7
56 4 6
59 53
7 0
68 6
64 6
64 5
63 9
61 6
2 5 6 5 1 8 4 6 7 8 5 4 1 4 5 3 4 5 6 6 5 3 7 7 4 6 7 0 6 6 5 9 6 9 8 3
62
3 Mo Avg
9
66 8 3
60.0 50.0 40.0
30.0 20.0 10.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Charleston Trident Association of REALTORS , Piedmont Regional Association of REALTORS , Sumter Board of REALTORS , Consolidated Multiple Listing Service and may not reflect all relevant real estate activity . Coldwell Banker Residential B does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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