CAR ARCHIVED March 2017 | Page 10

Market Action Report
County: Catawba
Catawba
Agent Name
Market Action Report
County: Catawba
March 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$293,668
4%
-0%
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of - Con
all Current Listings
Price
Range: All List
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$402,562 Trending
7%
2%
L3M -1%
PYM -4%
LY -1%
YTD
Prior YTD 21%
Prior Year -2%
23%
$177,000
$293,668 4%
-0%
$253,175 31% 5% 10% 4%
$231,320
12%
-5%
$402,562 7%
2%
372 3%
-0%
$179,000 23% -1% -4% -1%
$177,000
21%
-2%
79 126%
23%
144
3%
$253,175 31% 5% 10% 4%
$231,320
12%
-5%
68 -36% -20% -42% -24%
80 -32%
-10%
372 3%
-0%
$134
10%
8%
8%
13%
$125
2%
5%
79 126%
23%
144
3%
$106
21%
4%
-7%
0%
$101
-2%
-5%
68 -36% -20% -42% -24%
80 -32%
-10%
8.8
$134 4.7
10% -54%
8% -46%
8% -19%
13% -25% $125
2% -1% 5% 40%
$106 93.5%
21% 2.2%
4% 1.7%
-7% -.8%
0% -.1% $101 93.2%
-2% 0% -5% -0%
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March Median Sales Price
March Number of Properties Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Price
Month's
Supply Foot
of Inventory
Asking
per Square
(based on New Listings)
Month
LM
$179,000
March Sold
Sale Price
Price per
vs Square
List Price
March
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
4.7 -54% -46% -19% -25%
8.8
-1%
40%
of 93.2%
Properties
93.5% 2.2% 1.7% -.8% Number
-.1%
0% Sold -0%
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
120
March Property sales were 79, up 23.4% from 64 in March of
2016 and 125.7% higher than the 35 sales last month. March
100
Property
120
2017 sales Sales
were at their highest level compared to March of 2016
March
Property
sales
were
79,
up
23.4%
from
64
in
March
of
and 2015. March YTD sales of 144 are running 2.9% ahead of
80
2016 and 125.7% higher than the 35 sales last month. March
100
last year's year-to-date sales of 140.
2017 sales were at their highest level compared to March of 2016
and 2015. March YTD sales of 144 are running 2.9% ahead of
last year's year-to-date sales of 140.
3 Mo Avg
Number of Properties Sold
3 Mo Avg
80 60
60 40
Prices
The Median Sales Price in March was $179,000, down 4.3%
Prices
from $187,000 in March of 2016 and up 23.0% from $145,500
The
in March
$179,000,
4.3%
last Median
month. Sales
The Price
Average
Sales was
Price
in March down
was $253,175,
up
300
from
$187,000
in March in
of March
2016 and
up 23.0%
from
$145,500
10.4%
from $229,401
of 2016
and up
31.4%
from
280
last
month.
The
Average
Sales
Price
in
March
was
$253,175,
up
$192,718 last month. March 2017 ASP was at the highest level
260
10.4%
from $229,401
of 2016
and up 31.4% from
compared
to March in
of March
2016 and
2015.
240
$192,718 last month. March 2017 ASP was at the highest level
220
compared to March of 2016 and 2015.
200
180
160
140
120
100
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
14
3 Mo Avg
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 D J F M
15 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
S O N D J F M
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: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
e r Range:
h o All
m | e Property
s c Types:
o m SFH - Con
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
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
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
.
64
Median Sales Price and Average Sales Price
was Total
372, Inventory
up 2.8% from
362 last available
month and
from 373 700
The
of Properties
for down
sale as 0.3%
of March
16.0
in March
last from
year. 362
March
2017 Inventory
at from
its lowest
was
372, up of 2.8%
last month
and down was
0.3%
373 700 600
14.0
compared
with March
March 2017
of 2016
and 2015.
in level
March
of last year.
Inventory
was at its lowest
600 500
level compared with March of 2016 and 2015.
12.0
500 400
10.0
400
300
8.0
A comparatively lower MSI is more beneficial for sellers while a 300 200
6.0
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
sellers
a 200
MSI is better
March for
2017
MSI while
of 4.7
4.0
higher
MSI
is better
for buyers.
March with
2017 March
MSI of of
4.7 2016 and 100
months
was
at its lowest
level The
compared
100
2.0
months
was
at
its
lowest
level
compared
with
March
of
2016
and
0
2015.
0
0.0
2015.
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 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 D J F M
14
15
16
17
14
15
16
17
10 |
72
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 D J F M
15
16
17
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 D J F M
Median
Sales
Price
and
Average
Sales
Price
3 Mo Avg
15
16
17
A M J
14
A M J J A
14
300
280
260
240
220
200
180
160
140
120
100
A M J
A M 14 J J A
0
0
20
40 20
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0