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Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 5,392 5,637 + 4.5% 24,538 24,838 + 1.2%
Pending Sales 4,123 4,989 + 21.0% 18,522 20,869 + 12.7%
Closed Sales 3,836 4,026 + 5.0% 15,234 16,104 + 5.7%
Median Sales Price* $200,000 $209,900 + 5.0% $187,000 $195,000 + 4.3%
Average Sales Price* $249,826 $257,866 + 3.2% $235,430 $245,390 + 4.2%
Percent of Original List Price Received* 95.5% 96.8% + 1.4% 94.6% 95.8% + 1.3%
List to Close 116 105 - 9.5% 124 116 - 6.5%
Days on Market Until Sale 67 53 - 20.9% 73 63 - 13.7%
Cumulative Days on Market Until Sale 81 63 - 22.2% 90 74 - 17.8%
Inventory of Homes for Sale 14,582 10,880 - 25.4% -- -- --
Months Supply of Inventory 4.4 3.0 - 31.8% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Entire CarolinaMLS Area
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
24,538 24,838
New Listings
3,836 4,026
Closed Sales
5,392 5,637
New Listings+ 4.5% + 5.0% + 1.2%
15,234 16,104
Closed Sales
2015 2016
+ 5.7%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 13 17 + 30.8% 89 98 + 10.1%
Pending Sales 10 14 + 40.0% 68 64 - 5.9%
Closed Sales 14 12 - 14.3% 57 47 - 17.5%
Median Sales Price* $141,750 $126,150 - 11.0% $110,000 $120,000 + 9.1%
Average Sales Price* $166,664 $132,525 - 20.5% $137,457 $146,190 + 6.4%
Percent of Original List Price Received* 92.8% 90.8% - 2.2% 89.7% 91.5% + 2.0%
List to Close 211 188 - 10.9% 173 172 - 0.6%
Days on Market Until Sale 155 109 - 29.7% 132 112 - 15.2%
Cumulative Days on Market Until Sale 155 109 - 29.7% 137 118 - 13.9%
Inventory of Homes for Sale 79 73 - 7.6% -- -- --
Months Supply of Inventory 7.5 7.1 - 5.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Alexander County, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Alexander County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
8998
New Listings
1412
Closed Sales
13
17
New Listings+ 30.8% - 14.3% + 10.1%
5747
Closed Sales
2015 2016
- 17.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 12 14 + 16.7% 78 72 - 7.7%
Pending Sales 8 13 + 62.5% 40 57 + 42.5%
Closed Sales 15 9 - 40.0% 47 51 + 8.5%
Median Sales Price* $75,000 $87,500 + 16.7% $65,000 $80,000 + 23.1%
Average Sales Price* $75,217 $91,275 + 21.3% $81,737 $100,750 + 23.3%
Percent of Original List Price Received* 84.7% 84.6% - 0.1% 83.6% 87.6% + 4.8%
List to Close 365 202 - 44.7% 307 203 - 33.9%
Days on Market Until Sale 266 154 - 42.1% 237 146 - 38.4%
Cumulative Days on Market Until Sale 317 154 - 51.4% 256 151 - 41.0%
Inventory of Homes for Sale 135 115 - 14.8% -- -- --
Months Supply of Inventory 18.4 10.8 - 41.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Anson County, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Anson County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
78 72
New Listings
15
9
Closed Sales
1214
New Listings+ 16.7% - 40.0% - 7.7%
47 51
Closed Sales
2015 2016
+ 8.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 393 394 + 0.3% 1,784 1,788 + 0.2%
Pending Sales 310 372 + 20.0% 1,342 1,553 + 15.7%
Closed Sales 276 318 + 15.2% 1,121 1,228 + 9.5%
Median Sales Price* $193,000 $189,000 - 2.1% $177,500 $184,000 + 3.7%
Average Sales Price* $208,202 $211,518 + 1.6% $198,069 $203,553 + 2.8%
Percent of Original List Price Received* 95.1% 97.1% + 2.1% 94.4% 95.9% + 1.6%
List to Close 113 97 - 14.2% 120 112 - 6.7%
Days on Market Until Sale 68 50 - 26.5% 71 62 - 12.7%
Cumulative Days on Market Until Sale 86 55 - 36.0% 87 71 - 18.4%
Inventory of Homes for Sale 1,012 706 - 30.2% -- -- --
Months Supply of Inventory 4.0 2.5 - 37.5% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Cabarrus County, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Cabarrus County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,784 1,788
New Listings
276318
Closed Sales
393 394
New Listings+ 0.3% + 15.2% + 0.2%
1,1211,228
Closed Sales
2015 2016
+ 9.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 355 370 + 4.2% 1,684 1,588 - 5.7%
Pending Sales 287 367 + 27.9% 1,277 1,486 + 16.4%
Closed Sales 250 266 + 6.4% 1,068 1,140 + 6.7%
Median Sales Price* $144,750 $148,995 + 2.9% $135,450 $143,500 + 5.9%
Average Sales Price* $155,973 $165,995 + 6.4% $151,173 $159,354 + 5.4%
Percent of Original List Price Received* 94.6% 95.5% + 1.0% 93.2% 94.1% + 1.0%
List to Close 128 131 + 2.3% 134 131 - 2.2%
Days on Market Until Sale 82 75 - 8.5% 86 77 - 10.5%
Cumulative Days on Market Until Sale 95 83 - 12.6% 108 92 - 14.8%
Inventory of Homes for Sale 1,168 733 - 37.2% -- -- --
Months Supply of Inventory 5.2 2.9 - 44.2% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Gaston County, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Gaston County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,684 1,588
New Listings
250 266
Closed Sales
355 370
New Listings+ 4.2% + 6.4% - 5.7%
1,068 1,140
Closed Sales
2015 2016
+ 6.7%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 433 382 - 11.8% 1,771 1,711 - 3.4%
Pending Sales 268 344 + 28.4% 1,203 1,343 + 11.6%
Closed Sales 248 251 + 1.2% 1,008 1,039 + 3.1%
Median Sales Price* $218,100 $242,500 + 11.2% $200,000 $199,974 - 0.0%
Average Sales Price* $287,953 $291,014 + 1.1% $263,950 $262,774 - 0.4%
Percent of Original List Price Received* 94.4% 94.6% + 0.2% 93.3% 94.0% + 0.8%
List to Close 127 140 + 10.2% 137 140 + 2.2%
Days on Market Until Sale 76 88 + 15.8% 87 87 0.0%
Cumulative Days on Market Until Sale 99 108 + 9.1% 105 105 0.0%
Inventory of Homes for Sale 1,306 1,091 - 16.5% -- -- --
Months Supply of Inventory 6.1 4.5 - 26.2% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Iredell County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Iredell County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,771 1,711
New Listings
248 251
Closed Sales
433382
New Listings- 11.8% + 1.2% - 3.4%
1,008 1,039
Closed Sales
2015 2016
+ 3.1%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 159 158 - 0.6% 737 723 - 1.9%
Pending Sales 114 144 + 26.3% 468 549 + 17.3%
Closed Sales 91 111 + 22.0% 361 404 + 11.9%
Median Sales Price* $205,000 $180,000 - 12.2% $175,000 $210,000 + 20.0%
Average Sales Price* $272,696 $231,017 - 15.3% $235,332 $245,916 + 4.5%
Percent of Original List Price Received* 94.8% 94.4% - 0.4% 92.9% 94.1% + 1.3%
List to Close 139 128 - 7.9% 155 149 - 3.9%
Days on Market Until Sale 88 74 - 15.9% 100 94 - 6.0%
Cumulative Days on Market Until Sale 105 96 - 8.6% 121 114 - 5.8%
Inventory of Homes for Sale 575 399 - 30.6% -- -- --
Months Supply of Inventory 7.0 4.2 - 40.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Lincoln County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Lincoln County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
737 723
New Listings
91111
Closed Sales
159 158
New Listings- 0.6% + 22.0% - 1.9%
361404
Closed Sales
2015 2016
+ 11.9%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 2,328 2,386 + 2.5% 10,627 10,605 - 0.2%
Pending Sales 1,862 2,184 + 17.3% 8,462 9,192 + 8.6%
Closed Sales 1,742 1,730 - 0.7% 6,892 7,125 + 3.4%
Median Sales Price* $211,000 $224,000 + 6.2% $200,000 $209,000 + 4.5%
Average Sales Price* $276,050 $282,592 + 2.4% $260,732 $269,999 + 3.6%
Percent of Original List Price Received* 96.5% 97.8% + 1.3% 95.8% 96.9% + 1.1%
List to Close 100 88 - 12.0% 108 102 - 5.6%
Days on Market Until Sale 50 36 - 28.0% 57 47 - 17.5%
Cumulative Days on Market Until Sale 62 45 - 27.4% 71 57 - 19.7%
Inventory of Homes for Sale 4,673 3,308 - 29.2% -- -- --
Months Supply of Inventory 3.2 2.1 - 34.4% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Mecklenburg County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Mecklenburg County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
10,627 10,605
New Listings
1,742 1,730
Closed Sales
2,328 2,386
New Listings+ 2.5% - 0.7% - 0.2%
6,892 7,125
Closed Sales
2015 2016
+ 3.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 49 42 - 14.3% 172 174 + 1.2%
Pending Sales 17 21 + 23.5% 76 67 - 11.8%
Closed Sales 21 9 - 57.1% 60 45 - 25.0%
Median Sales Price* $120,000 $75,000 - 37.5% $101,750 $123,750 + 21.6%
Average Sales Price* $210,210 $121,572 - 42.2% $177,134 $189,076 + 6.7%
Percent of Original List Price Received* 79.6% 84.0% + 5.5% 82.1% 85.8% + 4.5%
List to Close 333 248 - 25.5% 258 253 - 1.9%
Days on Market Until Sale 268 224 - 16.4% 219 231 + 5.5%
Cumulative Days on Market Until Sale 268 265 - 1.1% 250 253 + 1.2%
Inventory of Homes for Sale 313 277 - 11.5% -- -- --
Months Supply of Inventory 22.8 17.8 - 21.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Montgomery County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Montgomery County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
172 174
New Listings
21
9
Closed Sales
4942
New Listings- 14.3% - 57.1% + 1.2%
60
45
Closed Sales
2015 2016
- 25.0%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 77 74 - 3.9% 356 334 - 6.2%
Pending Sales 39 56 + 43.6% 209 267 + 27.8%
Closed Sales 48 42 - 12.5% 184 219 + 19.0%
Median Sales Price* $114,900 $138,750 + 20.8% $121,000 $130,500 + 7.9%
Average Sales Price* $153,356 $154,643 + 0.8% $130,529 $145,735 + 11.6%
Percent of Original List Price Received* 89.1% 93.1% + 4.5% 89.8% 92.4% + 2.9%
List to Close 178 162 - 9.0% 168 163 - 3.0%
Days on Market Until Sale 135 116 - 14.1% 125 115 - 8.0%
Cumulative Days on Market Until Sale 146 134 - 8.2% 142 126 - 11.3%
Inventory of Homes for Sale 434 284 - 34.6% -- -- --
Months Supply of Inventory 11.2 5.9 - 47.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Stanly County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Stanly County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
356 334
New Listings
4842
Closed Sales
77 74
New Listings- 3.9% - 12.5% - 6.2%
184219
Closed Sales
2015 2016
+ 19.0%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 514 557 + 8.4% 2,317 2,419 + 4.4%
Pending Sales 401 468 + 16.7% 1,728 1,988 + 15.0%
Closed Sales 373 413 + 10.7% 1,382 1,445 + 4.6%
Median Sales Price* $241,500 $270,700 + 12.1% $229,145 $245,000 + 6.9%
Average Sales Price* $288,296 $316,932 + 9.9% $278,174 $300,297 + 8.0%
Percent of Original List Price Received* 95.8% 97.7% + 2.0% 95.2% 96.7% + 1.6%
List to Close 107 110 + 2.8% 124 117 - 5.6%
Days on Market Until Sale 56 56 0.0% 69 62 - 10.1%
Cumulative Days on Market Until Sale 73 68 - 6.8% 90 75 - 16.7%
Inventory of Homes for Sale 1,284 988 - 23.1% -- -- --
Months Supply of Inventory 4.1 2.9 - 29.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Union County, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Union County, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
2,317 2,419
New Listings
373413
Closed Sales
514 557
New Listings+ 8.4% + 10.7% + 4.4%
1,382 1,445
Closed Sales
2015 2016
+ 4.6%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 1,806 1,892 + 4.8% 8,371 8,328 - 0.5%
Pending Sales 1,419 1,779 + 25.4% 6,752 7,357 + 9.0%
Closed Sales 1,411 1,379 - 2.3% 5,562 5,752 + 3.4%
Median Sales Price* $198,500 $204,500 + 3.0% $187,500 $195,000 + 4.0%
Average Sales Price* $266,309 $274,199 + 3.0% $253,611 $260,575 + 2.7%
Percent of Original List Price Received* 96.5% 97.8% + 1.3% 95.7% 96.9% + 1.3%
List to Close 97 86 - 11.3% 106 100 - 5.7%
Days on Market Until Sale 48 33 - 31.3% 56 44 - 21.4%
Cumulative Days on Market Until Sale 59 42 - 28.8% 69 54 - 21.7%
Inventory of Homes for Sale 3,573 2,403 - 32.7% -- -- --
Months Supply of Inventory 3.1 1.9 - 38.7% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
City of Charlotte, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
City of Charlotte, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
8,371 8,328
New Listings
1,411 1,379
Closed Sales
1,806 1,892
New Listings+ 4.8% - 2.3% - 0.5%
5,562 5,752
Closed Sales
2015 2016
+ 3.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 215 216 + 0.5% 1,038 1,016 - 2.1%
Pending Sales 186 204 + 9.7% 796 890 + 11.8%
Closed Sales 167 188 + 12.6% 657 712 + 8.4%
Median Sales Price* $184,900 $177,700 - 3.9% $166,000 $179,000 + 7.8%
Average Sales Price* $198,274 $198,348 + 0.0% $187,611 $199,394 + 6.3%
Percent of Original List Price Received* 95.5% 96.8% + 1.4% 94.6% 96.2% + 1.7%
List to Close 101 95 - 5.9% 116 109 - 6.0%
Days on Market Until Sale 61 49 - 19.7% 69 59 - 14.5%
Cumulative Days on Market Until Sale 82 53 - 35.4% 86 67 - 22.1%
Inventory of Homes for Sale 548 374 - 31.8% -- -- --
Months Supply of Inventory 3.7 2.3 - 37.8% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Concord, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Concord, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,038 1,016
New Listings
167188
Closed Sales
215 216
New Listings+ 0.5% + 12.6% - 2.1%
657 712
Closed Sales
2015 2016
+ 8.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 80 58 - 27.5% 303 283 - 6.6%
Pending Sales 47 55 + 17.0% 200 220 + 10.0%
Closed Sales 44 44 0.0% 165 174 + 5.5%
Median Sales Price* $334,645 $292,500 - 12.6% $312,000 $315,000 + 1.0%
Average Sales Price* $404,470 $393,692 - 2.7% $376,725 $399,214 + 6.0%
Percent of Original List Price Received* 94.7% 96.6% + 2.0% 95.7% 96.6% + 0.9%
List to Close 139 131 - 5.8% 145 149 + 2.8%
Days on Market Until Sale 91 74 - 18.7% 92 89 - 3.3%
Cumulative Days on Market Until Sale 114 84 - 26.3% 111 106 - 4.5%
Inventory of Homes for Sale 206 144 - 30.1% -- -- --
Months Supply of Inventory 5.6 3.4 - 39.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Davidson, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Davidson, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
303 283
New Listings
44 44
Closed Sales
80
58
New Listings- 27.5% 0.0% - 6.6%
165 174
Closed Sales
2015 2016
+ 5.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 95 76 - 20.0% 393 367 - 6.6%
Pending Sales 63 65 + 3.2% 225 234 + 4.0%
Closed Sales 39 45 + 15.4% 155 168 + 8.4%
Median Sales Price* $327,828 $295,000 - 10.0% $280,720 $331,450 + 18.1%
Average Sales Price* $380,533 $342,889 - 9.9% $331,385 $355,771 + 7.4%
Percent of Original List Price Received* 96.5% 95.9% - 0.6% 94.9% 96.6% + 1.8%
List to Close 149 104 - 30.2% 153 134 - 12.4%
Days on Market Until Sale 91 59 - 35.2% 97 80 - 17.5%
Cumulative Days on Market Until Sale 108 89 - 17.6% 123 96 - 22.0%
Inventory of Homes for Sale 270 220 - 18.5% -- -- --
Months Supply of Inventory 6.6 5.1 - 22.7% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Denver, NC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Denver, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
$325,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
393 367
New Listings
3945
Closed Sales
95
76
New Listings- 20.0% + 15.4% - 6.6%
155 168
Closed Sales
2015 2016
+ 8.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 151 157 + 4.0% 801 743 - 7.2%
Pending Sales 117 162 + 38.5% 594 694 + 16.8%
Closed Sales 107 119 + 11.2% 502 520 + 3.6%
Median Sales Price* $135,000 $144,990 + 7.4% $126,917 $133,500 + 5.2%
Average Sales Price* $135,722 $152,954 + 12.7% $132,332 $144,245 + 9.0%
Percent of Original List Price Received* 93.5% 94.8% + 1.4% 92.5% 93.7% + 1.3%
List to Close 131 134 + 2.3% 137 129 - 5.8%
Days on Market Until Sale 84 83 - 1.2% 91 78 - 14.3%
Cumulative Days on Market Until Sale 93 95 + 2.2% 116 96 - 17.2%
Inventory of Homes for Sale 583 327 - 43.9% -- -- --
Months Supply of Inventory 5.7 2.8 - 50.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Gastonia, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Gastonia, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
801 743
New Listings
107119
Closed Sales
151 157
New Listings+ 4.0% + 11.2% - 7.2%
502 520
Closed Sales
2015 2016
+ 3.6%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 180 205 + 13.9% 844 887 + 5.1%
Pending Sales 180 166 - 7.8% 668 725 + 8.5%
Closed Sales 118 142 + 20.3% 515 515 0.0%
Median Sales Price* $262,500 $270,750 + 3.1% $249,000 $258,000 + 3.6%
Average Sales Price* $276,636 $296,197 + 7.1% $273,754 $278,480 + 1.7%
Percent of Original List Price Received* 97.3% 97.5% + 0.2% 96.8% 96.7% - 0.1%
List to Close 101 88 - 12.9% 106 96 - 9.4%
Days on Market Until Sale 51 40 - 21.6% 55 49 - 10.9%
Cumulative Days on Market Until Sale 61 53 - 13.1% 66 60 - 9.1%
Inventory of Homes for Sale 322 312 - 3.1% -- -- --
Months Supply of Inventory 2.6 2.6 0.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Huntersville, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Huntersville, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
844 887
New Listings
118142
Closed Sales
180205
New Listings+ 13.9% + 20.3% + 5.1%
515 515
Closed Sales
2015 2016
0.0%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 77 70 - 9.1% 339 355 + 4.7%
Pending Sales 49 63 + 28.6% 229 306 + 33.6%
Closed Sales 49 63 + 28.6% 196 260 + 32.7%
Median Sales Price* $119,900 $130,490 + 8.8% $108,000 $120,250 + 11.3%
Average Sales Price* $113,766 $144,496 + 27.0% $116,261 $136,874 + 17.7%
Percent of Original List Price Received* 92.0% 96.3% + 4.7% 90.4% 93.7% + 3.7%
List to Close 150 106 - 29.3% 136 120 - 11.8%
Days on Market Until Sale 94 56 - 40.4% 91 72 - 20.9%
Cumulative Days on Market Until Sale 104 60 - 42.3% 106 83 - 21.7%
Inventory of Homes for Sale 274 176 - 35.8% -- -- --
Months Supply of Inventory 6.0 3.2 - 46.7% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Kannapolis, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Kannapolis, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
339 355
New Listings
49
63
Closed Sales
7770
New Listings- 9.1% + 28.6% + 4.7%
196
260
Closed Sales
2015 2016
+ 32.7%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 45 51 + 13.3% 233 211 - 9.4%
Pending Sales 26 49 + 88.5% 158 195 + 23.4%
Closed Sales 38 41 + 7.9% 130 144 + 10.8%
Median Sales Price* $139,500 $130,000 - 6.8% $132,500 $131,245 - 0.9%
Average Sales Price* $139,172 $139,188 + 0.0% $139,790 $142,472 + 1.9%
Percent of Original List Price Received* 93.0% 93.6% + 0.6% 90.5% 92.0% + 1.7%
List to Close 128 137 + 7.0% 163 159 - 2.5%
Days on Market Until Sale 83 79 - 4.8% 114 103 - 9.6%
Cumulative Days on Market Until Sale 104 89 - 14.4% 136 123 - 9.6%
Inventory of Homes for Sale 220 107 - 51.4% -- -- --
Months Supply of Inventory 8.5 3.3 - 61.2% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Lincolnton, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Lincolnton, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
233211
New Listings
38 41
Closed Sales
4551
New Listings+ 13.3% + 7.9% - 9.4%
130144
Closed Sales
2015 2016
+ 10.8%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 126 131 + 4.0% 583 581 - 0.3%
Pending Sales 99 130 + 31.3% 438 541 + 23.5%
Closed Sales 87 108 + 24.1% 369 401 + 8.7%
Median Sales Price* $153,935 $171,500 + 11.4% $154,185 $167,000 + 8.3%
Average Sales Price* $149,850 $187,988 + 25.5% $163,114 $182,022 + 11.6%
Percent of Original List Price Received* 93.8% 97.3% + 3.7% 93.7% 95.9% + 2.3%
List to Close 104 105 + 1.0% 115 111 - 3.5%
Days on Market Until Sale 51 55 + 7.8% 64 60 - 6.3%
Cumulative Days on Market Until Sale 70 63 - 10.0% 85 69 - 18.8%
Inventory of Homes for Sale 335 216 - 35.5% -- -- --
Months Supply of Inventory 3.9 2.3 - 41.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Monroe, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Monroe, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
583 581
New Listings
87108
Closed Sales
126 131
New Listings+ 4.0% + 24.1% - 0.3%
369 401
Closed Sales
2015 2016
+ 8.7%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 269 231 - 14.1% 1,091 1,055 - 3.3%
Pending Sales 156 211 + 35.3% 740 819 + 10.7%
Closed Sales 160 165 + 3.1% 618 621 + 0.5%
Median Sales Price* $266,161 $279,900 + 5.2% $250,760 $250,000 - 0.3%
Average Sales Price* $358,926 $352,144 - 1.9% $331,688 $330,558 - 0.3%
Percent of Original List Price Received* 95.5% 95.4% - 0.1% 94.5% 94.7% + 0.2%
List to Close 126 126 0.0% 135 134 - 0.7%
Days on Market Until Sale 73 76 + 4.1% 85 80 - 5.9%
Cumulative Days on Market Until Sale 96 96 0.0% 105 96 - 8.6%
Inventory of Homes for Sale 747 647 - 13.4% -- -- --
Months Supply of Inventory 5.6 4.4 - 21.4% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Mooresville, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Mooresville, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,091 1,055
New Listings
160 165
Closed Sales
269231
New Listings- 14.1% + 3.1% - 3.3%
618 621
Closed Sales
2015 2016
+ 0.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 126 102 - 19.0% 466 466 0.0%
Pending Sales 68 86 + 26.5% 308 377 + 22.4%
Closed Sales 62 77 + 24.2% 271 302 + 11.4%
Median Sales Price* $124,500 $153,000 + 22.9% $116,500 $134,000 + 15.0%
Average Sales Price* $125,183 $151,625 + 21.1% $127,489 $141,970 + 11.4%
Percent of Original List Price Received* 90.4% 92.5% + 2.3% 89.0% 91.2% + 2.5%
List to Close 155 164 + 5.8% 179 153 - 14.5%
Days on Market Until Sale 107 108 + 0.9% 133 102 - 23.3%
Cumulative Days on Market Until Sale 140 120 - 14.3% 161 124 - 23.0%
Inventory of Homes for Sale 469 323 - 31.1% -- -- --
Months Supply of Inventory 8.6 5.0 - 41.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Salisbury, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Salisbury, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
466 466
New Listings
6277
Closed Sales
126102
New Listings- 19.0% + 24.2% 0.0%
271302
Closed Sales
2015 2016
+ 11.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 138 121 - 12.3% 511 493 - 3.5%
Pending Sales 90 106 + 17.8% 349 400 + 14.6%
Closed Sales 65 61 - 6.2% 290 304 + 4.8%
Median Sales Price* $135,000 $145,000 + 7.4% $128,000 $135,000 + 5.5%
Average Sales Price* $149,636 $156,680 + 4.7% $143,258 $144,067 + 0.6%
Percent of Original List Price Received* 91.6% 92.4% + 0.9% 91.0% 92.3% + 1.4%
List to Close 117 174 + 48.7% 137 152 + 10.9%
Days on Market Until Sale 73 118 + 61.6% 89 101 + 13.5%
Cumulative Days on Market Until Sale 92 136 + 47.8% 105 121 + 15.2%
Inventory of Homes for Sale 407 326 - 19.9% -- -- --
Months Supply of Inventory 6.6 4.6 - 30.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Statesville, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Statesville, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
511 493
New Listings
65 61
Closed Sales
138121
New Listings- 12.3% - 6.2% - 3.5%
290 304
Closed Sales
2015 2016
+ 4.8%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 144 202 + 40.3% 695 735 + 5.8%
Pending Sales 134 149 + 11.2% 491 542 + 10.4%
Closed Sales 114 107 - 6.1% 347 376 + 8.4%
Median Sales Price* $351,750 $395,000 + 12.3% $345,000 $385,000 + 11.6%
Average Sales Price* $377,873 $423,658 + 12.1% $385,579 $419,925 + 8.9%
Percent of Original List Price Received* 95.8% 97.6% + 1.9% 95.4% 96.2% + 0.8%
List to Close 107 113 + 5.6% 117 126 + 7.7%
Days on Market Until Sale 61 56 - 8.2% 67 68 + 1.5%
Cumulative Days on Market Until Sale 81 79 - 2.5% 92 87 - 5.4%
Inventory of Homes for Sale 382 358 - 6.3% -- -- --
Months Supply of Inventory 4.3 4.0 - 7.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
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May
Waxhaw, NC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Waxhaw, NC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
695 735
New Listings
114 107
Closed Sales
144
202
New Listings+ 40.3% - 6.1% + 5.8%
347 376
Closed Sales
2015 2016
+ 8.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 334 312 - 6.6% 1,447 1,479 + 2.2%
Pending Sales 202 216 + 6.9% 873 906 + 3.8%
Closed Sales 189 160 - 15.3% 685 668 - 2.5%
Median Sales Price* $359,000 $363,250 + 1.2% $340,000 $340,000 0.0%
Average Sales Price* $460,884 $460,553 - 0.1% $417,208 $440,933 + 5.7%
Percent of Original List Price Received* 95.2% 95.5% + 0.3% 94.1% 94.9% + 0.9%
List to Close 138 128 - 7.2% 149 145 - 2.7%
Days on Market Until Sale 87 79 - 9.2% 97 88 - 9.3%
Cumulative Days on Market Until Sale 113 103 - 8.8% 121 116 - 4.1%
Inventory of Homes for Sale 1,152 1,068 - 7.3% -- -- --
Months Supply of Inventory 7.3 6.6 - 9.6% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Lake Norman0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Lake Norman —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
1,447 1,479
New Listings
189160
Closed Sales
334 312
New Listings- 6.6% - 15.3% + 2.2%
685 668
Closed Sales
2015 2016
- 2.5%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 140 153 + 9.3% 659 644 - 2.3%
Pending Sales 86 128 + 48.8% 437 498 + 14.0%
Closed Sales 91 109 + 19.8% 347 376 + 8.4%
Median Sales Price* $285,000 $329,172 + 15.5% $285,000 $318,348 + 11.7%
Average Sales Price* $344,583 $368,003 + 6.8% $321,889 $362,068 + 12.5%
Percent of Original List Price Received* 94.4% 96.0% + 1.7% 95.2% 96.0% + 0.8%
List to Close 153 117 - 23.5% 151 134 - 11.3%
Days on Market Until Sale 93 72 - 22.6% 95 81 - 14.7%
Cumulative Days on Market Until Sale 116 84 - 27.6% 119 102 - 14.3%
Inventory of Homes for Sale 471 376 - 20.2% -- -- --
Months Supply of Inventory 6.3 4.4 - 30.2% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Lake Wylie0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Lake Wylie —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
$325,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
659 644
New Listings
91109
Closed Sales
140 153
New Listings+ 9.3% + 19.8% - 2.3%
347 376
Closed Sales
2015 2016
+ 8.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 45 48 + 6.7% 210 211 + 0.5%
Pending Sales 31 37 + 19.4% 148 171 + 15.5%
Closed Sales 26 33 + 26.9% 127 149 + 17.3%
Median Sales Price* $228,000 $258,000 + 13.2% $245,000 $253,000 + 3.3%
Average Sales Price* $253,042 $292,620 + 15.6% $331,576 $296,295 - 10.6%
Percent of Original List Price Received* 96.9% 97.0% + 0.1% 96.6% 96.0% - 0.6%
List to Close 93 82 - 11.8% 117 108 - 7.7%
Days on Market Until Sale 48 38 - 20.8% 71 63 - 11.3%
Cumulative Days on Market Until Sale 60 54 - 10.0% 73 76 + 4.1%
Inventory of Homes for Sale 109 80 - 26.6% -- -- --
Months Supply of Inventory 4.3 2.7 - 37.2% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Uptown Charlotte0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Uptown Charlotte —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
210 211
New Listings
26
33
Closed Sales
45 48
New Listings+ 6.7% + 26.9% + 0.5%
127149
Closed Sales
2015 2016
+ 17.3%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 132 191 + 44.7% 695 793 + 14.1%
Pending Sales 126 163 + 29.4% 535 658 + 23.0%
Closed Sales 96 129 + 34.4% 442 510 + 15.4%
Median Sales Price* $249,950 $265,000 + 6.0% $239,450 $260,000 + 8.6%
Average Sales Price* $249,190 $267,108 + 7.2% $247,575 $264,785 + 7.0%
Percent of Original List Price Received* 96.1% 97.0% + 0.9% 95.2% 96.2% + 1.1%
List to Close 128 109 - 14.8% 132 120 - 9.1%
Days on Market Until Sale 81 59 - 27.2% 80 67 - 16.3%
Cumulative Days on Market Until Sale 101 65 - 35.6% 93 77 - 17.2%
Inventory of Homes for Sale 402 359 - 10.7% -- -- --
Months Supply of Inventory 4.2 3.2 - 23.8% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Lancaster County, SC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Lancaster County, SC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
695793
New Listings
96
129
Closed Sales
132
191
New Listings+ 44.7% + 34.4% + 14.1%
442510
Closed Sales
2015 2016
+ 15.4%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 528 559 + 5.9% 2,367 2,449 + 3.5%
Pending Sales 419 508 + 21.2% 1,876 2,135 + 13.8%
Closed Sales 405 459 + 13.3% 1,536 1,684 + 9.6%
Median Sales Price* $203,000 $219,400 + 8.1% $192,000 $215,000 + 12.0%
Average Sales Price* $233,689 $253,230 + 8.4% $224,754 $243,663 + 8.4%
Percent of Original List Price Received* 96.6% 98.0% + 1.4% 95.6% 96.8% + 1.3%
List to Close 115 94 - 18.3% 126 110 - 12.7%
Days on Market Until Sale 64 45 - 29.7% 74 58 - 21.6%
Cumulative Days on Market Until Sale 75 51 - 32.0% 89 66 - 25.8%
Inventory of Homes for Sale 1,257 973 - 22.6% -- -- --
Months Supply of Inventory 3.8 2.7 - 28.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
York County, SC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
York County, SC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
2,367 2,449
New Listings
405459
Closed Sales
528 559
New Listings+ 5.9% + 13.3% + 3.5%
1,5361,684
Closed Sales
2015 2016
+ 9.6%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 171 224 + 31.0% 744 876 + 17.7%
Pending Sales 150 186 + 24.0% 591 723 + 22.3%
Closed Sales 124 149 + 20.2% 475 523 + 10.1%
Median Sales Price* $282,500 $284,900 + 0.8% $248,500 $275,000 + 10.7%
Average Sales Price* $300,635 $315,246 + 4.9% $290,484 $303,284 + 4.4%
Percent of Original List Price Received* 97.9% 98.5% + 0.6% 96.4% 97.7% + 1.3%
List to Close 102 93 - 8.8% 120 102 - 15.0%
Days on Market Until Sale 46 44 - 4.3% 64 51 - 20.3%
Cumulative Days on Market Until Sale 51 48 - 5.9% 73 60 - 17.8%
Inventory of Homes for Sale 321 316 - 1.6% -- -- --
Months Supply of Inventory 2.9 2.6 - 10.3% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Fort Mill, SC
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Fort Mill, SC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
744876
New Listings
124149
Closed Sales
171
224
New Listings+ 31.0% + 20.2% + 17.7%
475523
Closed Sales
2015 2016
+ 10.1%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 185 189 + 2.2% 857 827 - 3.5%
Pending Sales 148 181 + 22.3% 724 783 + 8.1%
Closed Sales 148 174 + 17.6% 603 643 + 6.6%
Median Sales Price* $149,950 $161,750 + 7.9% $151,900 $166,000 + 9.3%
Average Sales Price* $165,250 $189,943 + 14.9% $169,531 $188,511 + 11.2%
Percent of Original List Price Received* 96.3% 98.6% + 2.4% 95.5% 97.0% + 1.6%
List to Close 111 91 - 18.0% 119 104 - 12.6%
Days on Market Until Sale 62 40 - 35.5% 72 51 - 29.2%
Cumulative Days on Market Until Sale 70 44 - 37.1% 85 58 - 31.8%
Inventory of Homes for Sale 433 284 - 34.4% -- -- --
Months Supply of Inventory 3.5 2.1 - 40.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Rock Hill, SC0
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Rock Hill, SC —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
857 827
New Listings
148174
Closed Sales
185 189
New Listings+ 2.2% + 17.6% - 3.5%
603 643
Closed Sales
2015 2016
+ 6.6%
Rolling 12-Month Calculation
Local Market Update for May 2016
Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change
New Listings 4,616 4,797 + 3.9% 21,054 21,220 + 0.8%
Pending Sales 3,645 4,360 + 19.6% 16,253 18,251 + 12.3%
Closed Sales 3,353 3,559 + 6.1% 13,303 14,077 + 5.8%
Median Sales Price* $203,000 $212,000 + 4.4% $190,000 $200,000 + 5.3%
Average Sales Price* $251,374 $260,169 + 3.5% $238,223 $249,247 + 4.6%
Percent of Original List Price Received* 95.9% 97.2% + 1.4% 95.0% 96.3% + 1.4%
List to Close 110 100 - 9.1% 119 111 - 6.7%
Days on Market Until Sale 60 48 - 20.0% 68 57 - 16.2%
Cumulative Days on Market Until Sale 74 57 - 23.0% 84 68 - 19.0%
Inventory of Homes for Sale 11,179 8,031 - 28.2% -- -- --
Months Supply of Inventory 3.9 2.5 - 35.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
May
Charlotte MSA
May Year to Date
Year to Date
Entire CarolinaMLS Area —
Charlotte MSA —
Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Median Sales Price
21,054 21,220
New Listings
3,353 3,559
Closed Sales
4,616 4,797
New Listings+ 3.9% + 6.1% + 0.8%
13,303 14,077
Closed Sales
2015 2016
+ 5.8%
Rolling 12-Month Calculation