CAR ARCHIVED March 2017 | Page 22

Market Action Report
County: Mecklenburg
Mecklenburg
Agent Name
Market Action Report
County: Mecklenburg
March 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$379,900
9%
23%
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
versus*:
$537,368 Trending
7%
21%
L3M 6%
PYM 12%
LY
11%
$379,900 9%
23%
$306,891 16% 8% 11%
$537,368 7%
21%
2,818 3%
-19%
$240,000 11% 6% 12% 10%
1,815 52%
15%
$306,891 16% 8% 11% 9%
41 -15% -9% -27%
2,818 3%
-19%
$151 3% 3%
9%
1,815 52%
15%
$139
7%
5%
41 -15% -9% -27% 9%
-7%
$151 1.6
3% -32%
3% -24%
9% -30%
9%
$139 98.0%
7% .6%
5% .7%
9% 1.3%
9%
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
$240,000
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
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
2,500
March Property sales were 1,815, up 15.5% from 1,572 in March
of 2016 and 52.0% higher than the 1,194 sales last month.
Property
Sales
2,500 2,000
March 2017
sales were at their highest level compared to March
March
Property
sales March
were 1,815,
15.5%
from are
1,572
in March
of 2016
and 2015.
YTD up
sales
of 4,172
running
12.7%
of 2016 and 52.0% higher than the 1,194 sales last month.
ahead of last year's year-to-date sales of 3,703.
2,000 1,500
March 2017 sales were at their highest level compared to March
of 2016 and 2015. March YTD sales of 4,172 are running 12.7%
ahead of last year's year-to-date sales of 3 ,703.
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 15%
Prior Year
$229,208
10%
9%
$287,843
10%
$229,208
15%
4,172
$287,843
10%
-7%
45
9%
$148
4,172
13%
9%
45 $135
-24%
-32% $148
2.0
6%
.9% $135 97.5%
11%
5%
13%
2%
-24%
6%
11% 2%
-28% 7%
1% 5%
5%
2%
2%
7%
5%
-10%
0%
1.6 -32% -24% -30% -32%
2.0 -28%
-10%
of 97.5%
Properties
98.0% .6% .7% 1.3% Number
.9%
1% Sold 0%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
1,500 1,000
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
15
S O N D J F M
D J F M 17
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
| Price
c o Banker
ldw
e l l Brokerage
bank
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.
.
3 Mo Avg
7,000
was Total
2,818,
up 3.3% of from
2,727 last
month
The
Inventory
Properties
available
for and
sale down
as of 18.7%
March from
3,465
in March
of from
last year.
2017 and
Inventory
was from
at its 7,000 6,000
was
2,818,
up 3.3%
2,727 March
last month
down 18.7%
lowest
compared
with
March
of 2016
and 2015.
3,465
in level
March
of last year.
March
2017
Inventory
was at its
6,000 5,000
lowest level compared with March of 2016 and 2015.
5,000 4,000
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while a 3,000 2,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
sellers
a 2,000
MSI is better
March for
2017
MSI while
of 1.6
higher
MSI
is better
for buyers.
March with
2017 March
MSI of of
1.6 2016 and 1,000
months
was
at its lowest
level The
compared
1,000
months
0
2015. was at its lowest level compared with March of 2016 and
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
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
14
15
16
17
22 |
16
1,880
2,118
1,149
14
S O N D J F M
17
D J F M
3 Mo Avg
17
5.0
5.0
4.0
3.0
2.0
Prices
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
14
15
16
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
Median
Sales
Price
and
Average
Sales Price
14
15
16
350
Median Sales Price and Average Sales Price
330
310
290
270
250
230
210
190
170
150
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
15 A M J J A S O N D J F M 16 A M J J A S O N
A M 14 J J A S O N D J F M
0
The Median Sales Price in March was $240,000, up 11.6% from
Prices
$215,000 in March of 2016 and up 11.3% from $215,600 last
The
Median
Sales
Price Sales
in March
was
11.6% from
month.
The
Average
Price
in $240,000,
March was up
$306,891,
up 350
$215,000
in March
of 2016
and up of 11.3%
$215,600
last
10.6% from
$277,401
in March
2016 from
and up
15.9% from
month.
The last
Average
Sales
Price 2017
in March
up level 330
$264,697
month.
March
ASP was
was $306,891,
at the highest
310
10.6%
from $277,401
of 2016
and up 15.9% from
compared
to March in
of March
2016 and
2015.
290
$264,697 last month. March 2017 ASP was at the highest level
270
compared to March of 2016 and 2015.
250
230
210
190
170
150
0
500
1,000 500
1.0
0.0
J F M
17
4.0
3.0
2.0
1.0
0.0