RICHLAND
Market Action Report September 2017
Community Information | School District
County : Richland
Agent Name
Trending versus *: Trending versus *:
Title Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $ 1,600,000 Phone 0 % 7 % Average List Price of all Current Listings $ 1,891,086
Website -3% -1%
Price
September
Range : $ 1,000,000
Median and Up | Properties
Sales
:
Price
SFH - Con
Other
$ 1,240,000 8 % 4 % 17 % -3% $ 1,160,000 -11% -9%
Trending versus *: Trending versus *: September Average Sales Price $ 1,240,000 8 % -2% 17 % -15% $ 1,196,124 -15% -18% Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Total Properties Currently for Sale ( Inventory ) 47 7 % 2 % Median List Price of all Current Listings $ 1,600,000 0 % 7 % Average September
List Price Number of all of Current Properties
Listings
Sold $ 1,891,086 -31 % 0 % -1%
0 % 9 -40%
September September Median Average Sales Days Price on Market ( Solds ) $ 1,240,000 81 8 % -464 % -50 17 % -90 -3 % -58 $ 1,160,000 % 124 -11% -31% -9%
-35%
September Average Month Sales ' s Supply Priceof Inventory $ 1,240,000 47.0 8 % 7 -2 %% 717 %% 2 -15 % % 63 $ % 1,196,124 37.8 -15% 31 % -18%
31 %
Total September Properties Sale Currently Price vs List for Sale Price ( Inventory Ratio ) 47 82.77 % -6.9% 4.12 % -9.2% -6.4% 86.6 % -3% -2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
September Number of Properties Sold 1 0 % 0 % 9 -40% September Average Days on Market ( Solds ) 81 -46% -50% -90% -58% 124 -31% -35% September Month ' s Supply of Inventory 47.0 7 % 7 % 2 % 63 % 37.8 31 % 31 % September Sale Price vs List Price Ratio 82.7 % -6.9% 4.1 % -9.2% -6.4% 86.6 % -3% -2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 1 , equal to 1 in September of 2016 and the same as the 1 sales last month . September 2017 sales were at their highest level compared to September of 2016 and 2015 . September YTD sales of 9 are running 40.0 % behind last year ' s year-to-date sales of 15 .
Prices The Median Sales Price in September was $ 1,240,000 , up 17.3 % from $ 1,056,720 in September of 2016 and up 7.8 % from $ 1,150,000 last month . The Average Sales Price in September was $ 1,240,000 , up 17.3 % from $ 1,056,720 in September of 2016 and up 7.8 % from $ 1,150,000 last month . September 2017 ASP was at the highest level compared to September of 2016 and 2015 .
5 4 4 3 3 2 2 1 1 0 -1
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
Number of Properties Sold
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 |
J |
A |
S |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
Median Sales Price and Average Sales Price |
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 |
J |
A S |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
0 0 0 0 0 0 0 0 3 2 1 1 1 0 0 0 2 0 4 1 2 3 2 1 2 0 1 1 0 1 1 2 1 1 1 1
|
Inventory & MSI The Total Inventory of Properties available for sale as of September was 47 , up 6.8 % from 44 last month and up 2.2 % from 46 in September of last year . September 2017 Inventory was at a mid level compared with September of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2017 MSI of 47.0 months was at a mid level compared with September of 2016 and 2015 .
|
70 60 50 40 30 20 10 0 |
39
42
44
49 49
55
Total Inventory & Month ' s Supply of Inventory ( MSI )
57
62
57
54
56
53 51 52
49
47
53 52
55
51 51
47 46 46 45
40
35
39
34
32
37
|
41 42 41
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
|
44
47
|
70.0 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 Brokerage 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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