CAR ARCHIVED September 2017 | Page 6

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

County : Alexander

Price Range : All | 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
$ 225,000
2 %
-7%
Average List Price of all Current Listings
$ 304,837
6 %
2 %
September Median Sales Price
$ 163,000
0 %
-4%
-19%
2 %
$ 155,725
-7%
-3%
September Average Sales Price
$ 232,378
13 %
12 %
-6%
12 %
$ 202,352
-5%
-2%
Total Properties Currently for Sale ( Inventory )
73
7 %
11 %
September Number of Properties Sold
9 -40%
-31%
96
20 %
September Average Days on Market ( Solds )
58 -40% -25% -45% -46%
95
-19%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 116
5 %
3 %
10 %
8 %
$ 108
-3%
1 %
September Sold Price per Square Foot
$ 101
3 %
4 %
-9%
4 %
$ 96
-1%
-1%
September Month ' s Supply of Inventory
8.1
79 %
23 %
60 %
-7%
6.2
-31%
-29%
September Sale Price vs List Price Ratio
95.3 %
6.8 % 1.7 % 1.1 % 1.4 %
92.0 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Alexander

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
18
September Property sales were 9 , down 30.8 % from 13 in
September of 2016 and 40.0 % lower than the 15 sales last
Property month . September Sales 2017 sales were at their lowest level
18
September compared Property to September sales were of 2016
9 , down and 30.8 2015 % . September from 13 in YTD
September of 2016 and 40.0 % lower than the 15 sales last
16 sales of 96 are running 20.0 % ahead of last year ' s year-to-date month . September 2017 sales were at their lowest level
14 sales of 80 . compared to September of 2016 and 2015 . September YTD
12 sales of 96 are running 20.0 % ahead of last year ' s year-to-date
16
14
12
10
8
Number of Properties Sold
3 Mo Avg
sales of 80 .
10
6
8
4
6
2
4
0
2
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
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in September was $ 163,000 , down
350
Prices
19.3 % from $ 201,900 in September of 2016 and equal to
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 163,000 Median last Sales month Price . in The September Average was Sales $ 163,000 Price in , down September
350
300
19.3 was % $ from 232,378 $ 201,900 , down in 5.6 September % from $ of 246,208 2016 and in September equal to of 2016
$ and 163,000 up 13.0 last % month from . $ The 205,673 Average last Sales month Price . September in September 2017 ASP
300
250 was was $ 232,378 at a mid , range down 5.6 compared % from $ to 246,208 September in September of 2016 and of 2016 2015 .
and up 13.0 % from $ 205,673 last month . September 2017 ASP
250
200
was at a mid range compared to September of 2016 and 2015 .
200
150
150 100
12
12 12 6 5 8
100 50 50
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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 73 , of up Properties 7.4 % from available 68 last for month sale as and of up 10.6 %
100 30.0
September from 66 in was September 73 , up 7.4 of % last from year 68 . last September month and 2017 up 10.6 Inventory % 100
30.0 80
25.0 from was 66 at a in mid September level compared of last year with . September 2017 of 2016 Inventory and 2015 . 80
25.0 was at a mid level compared with September of 2016 and 2015 . 20.0
60 20.0
60 15.0
40 15.0
A comparatively lower MSI is more beneficial for sellers while a 40 10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 8.1 10.0
20 5.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 8.1 of 20 5.0 months 2016 and was 2015 at its . highest level compared with September of 0
0.0
2016 and 2015 . 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 J 0.0
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
85 89
85 12 89
74 74
6 74 82
5 74
8 82
80 80
10 80 70
11 80 77
10 70
79 79
10 11 10 17 3
17 77
3 79 74
66 13 79
71 12 74
Number of Properties Sold
5
66
54 55
4
71
54 6
58 62
13 12 5 4 6 3 5
3
10
55 58
5
66 68 62
10 66
6
69 68
68 65
10
6 10 14 6
69 14 68
66 62
6 65
13 66
65 64
13
13 13 7 7 10
62 52
7 65 58
7 64
57 62
9 7
10
52 65
9 58
7
57
64 64
12 11 9
12 15
62 11 9
65
68 73
9 15
64 15 9
64 68
3 Mo Avg
9
73 15 9
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
6 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Charlotte Regional REALTOR Association , Triad MLS , Inc . 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 .