CAR ARCHIVED March 2017 | Page 31

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

County : Berkeley

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
$ 279,495
4 %
16 %
Average List Price of all Current Listings
$ 413,143
7 %
24 %
March Median Sales Price
$ 224,081
-3%
-1%
0 %
1 %
$ 227,145
6 %
3 %
March Average Sales Price
$ 266,270
1 %
1 %
7 %
2 %
$ 259,283
5 %
-1%
Total Properties Currently for Sale ( Inventory )
928
3 %
-5%
March Number of Properties Sold
343
15 %
-1%
900
14 %
March Average Days on Market ( Solds )
51 -15% -6% -16%
-9%
54
-11%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 141
5 %
6 %
15 %
12 %
$ 136
11 %
8 %
March Sold Price per Square Foot
$ 121
2 %
2 %
6 %
3 %
$ 118
5 %
1 %
March Month ' s Supply of Inventory
2.7 -11% -10% -4%
-9%
3.0
-23%
1 %
March Sale Price vs List Price Ratio
97.3 %
. 4 %
-. 1 % -. 2 %
-. 4 %
97.2 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Berkeley

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
450
March Property sales were 343 , down 0.6 % from 345 in March of 2016 and 15.1 % higher than the 298 sales last month . March
400
Property
2017 sales Sales were at a mid level compared to March of 2016 and
450
350
March
2015 .
Property March YTD sales sales were of 343
900 , down are running 0.6 % from
13.6 345
% in ahead
March of last of 2016 and 15.1 % higher than the 298 sales last month . March
400
300 year ' s year-to-date sales of 792 .
2017 sales were at a mid level compared to March of 2016 and
350
250
2015 . March YTD sales of 900 are running 13.6 % ahead of last
300 year ' s year-to-date sales of 792 .
200
Number of Properties Sold
3 Mo Avg
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 224,081 , up 0.1 % from
A
M J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 223,800 in March of 2016 and down 2.7 % from $ 230,366 last
290
The month Median . The Sales Average Price Sales in March Price was in $ March 224,081 was , up $ 266,270 0.1 % from , up
$
7.1 223,800 % from in $ March 248,734 of 2016 in March and down of 2016 2.7 and % from up 1.1 $ 230,366 % from last
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 263,273 . The last Average month Sales . March Price 2017 in March ASP was $ at 266,270 a mid , range up
7.1 compared % from $ 248,734 to March in of March 2016 of and 2016 2015 and . up 1.1 % from
$ 263,273 last month . March 2017 ASP was at a mid range
270
250
250
230
compared to March of 2016 and 2015 .
230
210
210 190
190 170
170 150
150
200 264 288 267 257 264 259 242 261 188 222 292 296 284 329 344 303 326 248 252 300 211 236 345 324 357 389 369 342 340 287 292 334 259 298 343
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 928 , Inventory up 2.9 % from of Properties 902 last available month and for sale down as 4.9 of % March from 976
1,400 was in March 928 , up of 2.9 last % from year . 902 March last 2017 month Inventory and down was 4.9 % at from its lowest 976
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest level compared with March of 2016 and 2015 .
1,2001,000
1,000
800
6.0
5.0
800
600
4.0
A comparatively lower MSI is more beneficial for sellers while a
600
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial March for 2017 sellers MSI while of 2.7 a
400 higher months MSI was is better at its lowest for buyers level . The compared March with 2017 March MSI of of 2.72016 and
200 months was at its lowest level compared with March of 2016 and
200
2015 .
0
2015 .
0
A
M J
M J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
3.0
2.0
1.0
0.0
J A S O N D J
F M
F M
17
1,148 1,117 1,176 1,197 1,236 1,164 1,112 1,131 1,097 1,119 1,106 1,142 1,168 1,187 1,221 1,212 1,147 1,168 1,110 1,047 974 1,005
A
14
200 264 288 267 257 264 259 242
J A S O N D J
15
261 188 222
Number of Properties Sold
292 296 284 329 344 303 326 248
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
1,148 1,117 1,176 1,197 1,236 1,164 1,112 1,131 1,097
J A S O N D J 16
252
1,119 1,106 1,142 1,168 1,187 1,221 1,212 1,147 1,168 1,110 1,047 974 300 211 236
1,005 948 976 345 324 357 389 369 342 340
948 976 947 905 910 903 897 880 892 855 841 845 902 928
J A S O N D J
17
287 292 334
947 905 910 903 897 880 892 855 841 845
3 Mo Avg
259 298
902 928
343
7.0 6.0 5.0
4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charleston Trident Association of REALTORS , Piedmont Regional Association of REALTORS 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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