Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 5,254 5,075 - 3.4% 34,970 35,579 + 1.7%
Pending Sales 3,773 4,543 + 20.4% 26,283 29,150 + 10.9%
Closed Sales 4,286 3,900 - 9.0% 24,105 25,159 + 4.4%
Median Sales Price* $200,000 $217,000 + 8.5% $193,900 $205,000 + 5.7%
Average Sales Price* $252,874 $269,426 + 6.5% $243,030 $255,996 + 5.3%
Percent of Original List Price Received* 95.4% 96.7% + 1.4% 94.9% 96.2% + 1.4%
List to Close 107 100 - 6.5% 119 111 - 6.7%
Days on Market Until Sale 58 48 - 17.2% 68 57 - 16.2%
Cumulative Days on Market Until Sale 69 58 - 15.9% 83 68 - 18.1%
Inventory of Homes for Sale 14,661 11,290 - 23.0% -- -- --
Months Supply of Inventory 4.4 3.1 - 29.5% -- -- --
* 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.
Entire CarolinaMLS Area —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Entire CarolinaMLS Area
July Year to Date
Year to Date
$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
34,970 35,579
New Listings
4,286 3,900
Closed Sales
5,254 5,075
New Listings- 3.4% - 9.0% + 1.7%
24,105 25,159
Closed Sales
2015 2016
+ 4.4%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 19 21 + 10.5% 133 140 + 5.3%
Pending Sales 16 24 + 50.0% 91 102 + 12.1%
Closed Sales 3 6 + 100.0% 77 72 - 6.5%
Median Sales Price* $230,000 $194,000 - 15.7% $116,000 $127,650 + 10.0%
Average Sales Price* $207,133 $263,317 + 27.1% $151,187 $164,139 + 8.6%
Percent of Original List Price Received* 91.3% 96.6% + 5.8% 89.9% 93.2% + 3.7%
List to Close 231 142 - 38.5% 171 152 - 11.1%
Days on Market Until Sale 162 98 - 39.5% 129 96 - 25.6%
Cumulative Days on Market Until Sale 162 159 - 1.9% 136 105 - 22.8%
Inventory of Homes for Sale 88 67 - 23.9% -- -- --
Months Supply of Inventory 7.8 5.8 - 25.6% -- -- --
* 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.
Entire CarolinaMLS Area —
Alexander County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Alexander County, NC
July Year to Date
Year to Date
$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
133 140
New Listings
3
6
Closed Sales
1921
New Listings+ 10.5% + 100.0% + 5.3%
77 72
Closed Sales
2015 2016
- 6.5%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 8 7 - 12.5% 102 93 - 8.8%
Pending Sales 9 12 + 33.3% 59 77 + 30.5%
Closed Sales 13 8 - 38.5% 66 69 + 4.5%
Median Sales Price* $41,250 $67,500 + 63.6% $61,450 $86,900 + 41.4%
Average Sales Price* $82,454 $94,062 + 14.1% $80,436 $99,750 + 24.0%
Percent of Original List Price Received* 80.3% 90.2% + 12.3% 82.3% 88.8% + 7.9%
List to Close 185 226 + 22.2% 275 206 - 25.1%
Days on Market Until Sale 119 162 + 36.1% 211 145 - 31.3%
Cumulative Days on Market Until Sale 160 208 + 30.0% 232 162 - 30.2%
Inventory of Homes for Sale 125 101 - 19.2% -- -- --
Months Supply of Inventory 16.3 9.4 - 42.3% -- -- --
* 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.
Entire CarolinaMLS Area —
Anson County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Anson County, NC
July Year to Date
Year to Date
$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
10293
New Listings
13
8
Closed Sales
87
New Listings- 12.5% - 38.5% - 8.8%
66 69
Closed Sales
2015 2016
+ 4.5%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 423 407 - 3.8% 2,592 2,630 + 1.5%
Pending Sales 281 371 + 32.0% 1,961 2,206 + 12.5%
Closed Sales 372 314 - 15.6% 1,839 1,911 + 3.9%
Median Sales Price* $193,250 $207,500 + 7.4% $184,945 $194,000 + 4.9%
Average Sales Price* $216,908 $222,041 + 2.4% $204,369 $210,982 + 3.2%
Percent of Original List Price Received* 95.9% 96.5% + 0.6% 94.9% 96.2% + 1.4%
List to Close 93 91 - 2.2% 111 106 - 4.5%
Days on Market Until Sale 51 41 - 19.6% 64 55 - 14.1%
Cumulative Days on Market Until Sale 59 49 - 16.9% 77 62 - 19.5%
Inventory of Homes for Sale 996 757 - 24.0% -- -- --
Months Supply of Inventory 3.9 2.7 - 30.8% -- -- --
* 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.
Entire CarolinaMLS Area —
Cabarrus County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Cabarrus County, NC
July Year to Date
Year to Date
$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
2,592 2,630
New Listings
372314
Closed Sales
423 407
New Listings- 3.8% - 15.6% + 1.5%
1,839 1,911
Closed Sales
2015 2016
+ 3.9%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 373 310 - 16.9% 2,395 2,236 - 6.6%
Pending Sales 236 303 + 28.4% 1,775 2,002 + 12.8%
Closed Sales 309 222 - 28.2% 1,665 1,708 + 2.6%
Median Sales Price* $146,000 $153,000 + 4.8% $139,900 $147,500 + 5.4%
Average Sales Price* $166,933 $162,227 - 2.8% $156,501 $162,770 + 4.0%
Percent of Original List Price Received* 94.6% 96.7% + 2.2% 93.6% 94.8% + 1.3%
List to Close 124 120 - 3.2% 131 128 - 2.3%
Days on Market Until Sale 70 64 - 8.6% 81 73 - 9.9%
Cumulative Days on Market Until Sale 88 71 - 19.3% 101 86 - 14.9%
Inventory of Homes for Sale 1,178 730 - 38.0% -- -- --
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.
Entire CarolinaMLS Area —
Gaston County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
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July
Gaston County, NC
July Year to Date
Year to Date
$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
2,395 2,236
New Listings
309
222
Closed Sales
373310
New Listings- 16.9% - 28.2% - 6.6%
1,665 1,708
Closed Sales
2015 2016
+ 2.6%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 388 370 - 4.6% 2,542 2,519 - 0.9%
Pending Sales 276 306 + 10.9% 1,747 1,909 + 9.3%
Closed Sales 282 245 - 13.1% 1,586 1,651 + 4.1%
Median Sales Price* $205,500 $234,950 + 14.3% $205,000 $215,000 + 4.9%
Average Sales Price* $289,496 $317,209 + 9.6% $275,020 $283,254 + 3.0%
Percent of Original List Price Received* 93.4% 95.1% + 1.8% 93.6% 94.6% + 1.1%
List to Close 116 121 + 4.3% 132 134 + 1.5%
Days on Market Until Sale 75 69 - 8.0% 82 82 0.0%
Cumulative Days on Market Until Sale 85 87 + 2.4% 98 98 0.0%
Inventory of Homes for Sale 1,329 1,129 - 15.0% -- -- --
Months Supply of Inventory 6.0 4.7 - 21.7% -- -- --
* 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.
Entire CarolinaMLS Area —
Iredell County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Iredell County, NC0
July Year to Date
Year to Date
$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
2,542 2,519
New Listings
282245
Closed Sales
388 370
New Listings- 4.6% - 13.1% - 0.9%
1,586 1,651
Closed Sales
2015 2016
+ 4.1%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 136 176 + 29.4% 1,020 1,041 + 2.1%
Pending Sales 105 126 + 20.0% 675 752 + 11.4%
Closed Sales 119 121 + 1.7% 594 673 + 13.3%
Median Sales Price* $220,000 $285,000 + 29.5% $198,500 $223,400 + 12.5%
Average Sales Price* $262,619 $306,591 + 16.7% $249,422 $259,620 + 4.1%
Percent of Original List Price Received* 96.0% 95.6% - 0.4% 93.7% 94.5% + 0.9%
List to Close 126 106 - 15.9% 143 131 - 8.4%
Days on Market Until Sale 70 58 - 17.1% 89 80 - 10.1%
Cumulative Days on Market Until Sale 91 68 - 25.3% 112 96 - 14.3%
Inventory of Homes for Sale 555 437 - 21.3% -- -- --
Months Supply of Inventory 6.5 4.7 - 27.7% -- -- --
* 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.
Entire CarolinaMLS Area —
Lincoln County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Lincoln County, NC0
July Year to Date
Year to Date
$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
1,020 1,041
New Listings
119 121
Closed Sales
136
176
New Listings+ 29.4% + 1.7% + 2.1%
594673
Closed Sales
2015 2016
+ 13.3%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 1,765 1,716 - 2.8% 11,873 11,949 + 0.6%
Pending Sales 1,312 1,555 + 18.5% 9,462 10,208 + 7.9%
Closed Sales 1,445 1,337 - 7.5% 8,677 8,931 + 2.9%
Median Sales Price* $188,150 $215,000 + 14.3% $190,000 $202,000 + 6.3%
Average Sales Price* $257,714 $284,909 + 10.6% $258,429 $271,078 + 4.9%
Percent of Original List Price Received* 96.3% 97.7% + 1.5% 96.0% 97.2% + 1.3%
List to Close 94 82 - 12.8% 102 94 - 7.8%
Days on Market Until Sale 43 31 - 27.9% 51 39 - 23.5%
Cumulative Days on Market Until Sale 52 37 - 28.8% 63 48 - 23.8%
Inventory of Homes for Sale 3,645 2,547 - 30.1% -- -- --
Months Supply of Inventory 3.0 2.0 - 33.3% -- -- --
* 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.
Entire CarolinaMLS Area —
City of Charlotte, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
City of Charlotte, NC
July Year to Date
Year to Date
$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
11,873 11,949
New Listings
1,445 1,337
Closed Sales
1,765 1,716
New Listings- 2.8% - 7.5% + 0.6%
8,677 8,931
Closed Sales
2015 2016
+ 2.9%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 2,232 2,201 - 1.4% 15,079 15,222 + 0.9%
Pending Sales 1,629 1,986 + 21.9% 11,883 12,794 + 7.7%
Closed Sales 1,881 1,680 - 10.7% 10,896 11,100 + 1.9%
Median Sales Price* $210,000 $227,750 + 8.5% $206,000 $217,000 + 5.3%
Average Sales Price* $270,428 $297,599 + 10.0% $266,021 $280,295 + 5.4%
Percent of Original List Price Received* 96.4% 97.7% + 1.3% 96.1% 97.2% + 1.1%
List to Close 95 86 - 9.5% 104 96 - 7.7%
Days on Market Until Sale 44 34 - 22.7% 52 42 - 19.2%
Cumulative Days on Market Until Sale 54 40 - 25.9% 64 51 - 20.3%
Inventory of Homes for Sale 4,767 3,535 - 25.8% -- -- --
Months Supply of Inventory 3.2 2.2 - 31.3% -- -- --
* 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.
Entire CarolinaMLS Area —
Mecklenburg County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Mecklenburg County, NC0
July Year to Date
Year to Date
$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
15,079 15,222
New Listings
1,8811,680
Closed Sales
2,232 2,201
New Listings- 1.4% - 10.7% + 0.9%
10,896 11,100
Closed Sales
2015 2016
+ 1.9%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 26 35 + 34.6% 225 244 + 8.4%
Pending Sales 27 18 - 33.3% 125 116 - 7.2%
Closed Sales 25 28 + 12.0% 109 93 - 14.7%
Median Sales Price* $175,000 $132,500 - 24.3% $120,000 $134,500 + 12.1%
Average Sales Price* $198,752 $155,579 - 21.7% $199,974 $204,596 + 2.3%
Percent of Original List Price Received* 88.3% 85.9% - 2.7% 84.8% 86.0% + 1.4%
List to Close 202 208 + 3.0% 251 244 - 2.8%
Days on Market Until Sale 184 175 - 4.9% 214 214 0.0%
Cumulative Days on Market Until Sale 184 244 + 32.6% 244 244 0.0%
Inventory of Homes for Sale 296 271 - 8.4% -- -- --
Months Supply of Inventory 20.4 17.4 - 14.7% -- -- --
* 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.
Entire CarolinaMLS Area —
Montgomery County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
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July
Montgomery County, NC0
July Year to Date
Year to Date
$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
225 244
New Listings
2528
Closed Sales
26
35
New Listings+ 34.6% + 12.0% + 8.4%
10993
Closed Sales
2015 2016
- 14.7%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 79 54 - 31.6% 508 461 - 9.3%
Pending Sales 52 74 + 42.3% 305 387 + 26.9%
Closed Sales 37 47 + 27.0% 269 324 + 20.4%
Median Sales Price* $137,000 $150,000 + 9.5% $124,000 $132,500 + 6.9%
Average Sales Price* $139,800 $179,037 + 28.1% $138,037 $152,770 + 10.7%
Percent of Original List Price Received* 90.8% 93.3% + 2.8% 90.3% 92.5% + 2.4%
List to Close 181 194 + 7.2% 170 169 - 0.6%
Days on Market Until Sale 159 147 - 7.5% 128 121 - 5.5%
Cumulative Days on Market Until Sale 164 174 + 6.1% 143 134 - 6.3%
Inventory of Homes for Sale 416 263 - 36.8% -- -- --
Months Supply of Inventory 10.4 5.3 - 49.0% -- -- --
* 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.
Entire CarolinaMLS Area —
Stanly County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Stanly County, NC0
July Year to Date
Year to Date
$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
508461
New Listings
37
47
Closed Sales
79
54
New Listings- 31.6% + 27.0% - 9.3%
269324
Closed Sales
2015 2016
+ 20.4%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 482 465 - 3.5% 3,303 3,468 + 5.0%
Pending Sales 350 411 + 17.4% 2,468 2,775 + 12.4%
Closed Sales 411 406 - 1.2% 2,239 2,354 + 5.1%
Median Sales Price* $242,500 $249,900 + 3.1% $235,000 $250,000 + 6.4%
Average Sales Price* $310,785 $314,109 + 1.1% $289,904 $311,973 + 7.6%
Percent of Original List Price Received* 95.3% 97.3% + 2.1% 95.3% 96.9% + 1.7%
List to Close 109 100 - 8.3% 120 112 - 6.7%
Days on Market Until Sale 57 42 - 26.3% 67 55 - 17.9%
Cumulative Days on Market Until Sale 75 51 - 32.0% 87 66 - 24.1%
Inventory of Homes for Sale 1,310 1,072 - 18.2% -- -- --
Months Supply of Inventory 4.2 3.1 - 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.
Entire CarolinaMLS Area —
Union County, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Union County, NC0
July Year to Date
Year to Date
$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
3,303 3,468
New Listings
411 406
Closed Sales
482 465
New Listings- 3.5% - 1.2% + 5.0%
2,239 2,354
Closed Sales
2015 2016
+ 5.1%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 240 231 - 3.8% 1,516 1,520 + 0.3%
Pending Sales 179 209 + 16.8% 1,168 1,276 + 9.2%
Closed Sales 213 186 - 12.7% 1,086 1,100 + 1.3%
Median Sales Price* $190,000 $197,924 + 4.2% $177,500 $184,995 + 4.2%
Average Sales Price* $214,924 $218,412 + 1.6% $197,056 $206,007 + 4.5%
Percent of Original List Price Received* 96.3% 96.5% + 0.2% 95.2% 96.3% + 1.2%
List to Close 84 89 + 6.0% 106 102 - 3.8%
Days on Market Until Sale 46 39 - 15.2% 61 51 - 16.4%
Cumulative Days on Market Until Sale 53 49 - 7.5% 73 59 - 19.2%
Inventory of Homes for Sale 540 411 - 23.9% -- -- --
Months Supply of Inventory 3.5 2.5 - 28.6% -- -- --
* 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.
Entire CarolinaMLS Area —
Concord, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Concord, NC
July Year to Date
Year to Date
$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
1,516 1,520
New Listings
213186
Closed Sales
240 231
New Listings- 3.8% - 12.7% + 0.3%
1,086 1,100
Closed Sales
2015 2016
+ 1.3%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 56 49 - 12.5% 414 389 - 6.0%
Pending Sales 40 50 + 25.0% 291 307 + 5.5%
Closed Sales 48 53 + 10.4% 259 279 + 7.7%
Median Sales Price* $393,750 $425,000 + 7.9% $322,500 $320,235 - 0.7%
Average Sales Price* $446,789 $463,402 + 3.7% $383,862 $410,753 + 7.0%
Percent of Original List Price Received* 95.3% 96.8% + 1.6% 95.8% 96.6% + 0.8%
List to Close 121 138 + 14.0% 136 140 + 2.9%
Days on Market Until Sale 75 77 + 2.7% 85 80 - 5.9%
Cumulative Days on Market Until Sale 97 104 + 7.2% 105 101 - 3.8%
Inventory of Homes for Sale 196 146 - 25.5% -- -- --
Months Supply of Inventory 5.2 3.5 - 32.7% -- -- --
* 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.
Entire CarolinaMLS Area —
Davidson, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Davidson, NC
July Year to Date
Year to Date
$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
414 389
New Listings
4853
Closed Sales
5649
New Listings- 12.5% + 10.4% - 6.0%
259 279
Closed Sales
2015 2016
+ 7.7%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 62 95 + 53.2% 513 531 + 3.5%
Pending Sales 54 60 + 11.1% 327 337 + 3.1%
Closed Sales 56 70 + 25.0% 277 305 + 10.1%
Median Sales Price* $306,500 $378,934 + 23.6% $299,000 $340,000 + 13.7%
Average Sales Price* $346,946 $392,790 + 13.2% $347,506 $368,751 + 6.1%
Percent of Original List Price Received* 96.5% 96.6% + 0.1% 95.4% 96.5% + 1.2%
List to Close 129 90 - 30.2% 139 120 - 13.7%
Days on Market Until Sale 74 48 - 35.1% 83 70 - 15.7%
Cumulative Days on Market Until Sale 98 55 - 43.9% 113 83 - 26.5%
Inventory of Homes for Sale 239 245 + 2.5% -- -- --
Months Supply of Inventory 5.8 5.7 - 1.7% -- -- --
* 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.
Entire CarolinaMLS Area —
Denver, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Denver, NC
July Year to Date
Year to Date
$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
513 531
New Listings
5670
Closed Sales
62
95
New Listings+ 53.2% + 25.0% + 3.5%
277305
Closed Sales
2015 2016
+ 10.1%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 176 125 - 29.0% 1,112 1,027 - 7.6%
Pending Sales 96 125 + 30.2% 809 916 + 13.2%
Closed Sales 141 103 - 27.0% 776 765 - 1.4%
Median Sales Price* $141,000 $145,000 + 2.8% $133,500 $137,130 + 2.7%
Average Sales Price* $158,457 $154,681 - 2.4% $139,582 $147,289 + 5.5%
Percent of Original List Price Received* 94.0% 95.9% + 2.0% 92.9% 94.3% + 1.5%
List to Close 129 128 - 0.8% 137 129 - 5.8%
Days on Market Until Sale 74 72 - 2.7% 88 75 - 14.8%
Cumulative Days on Market Until Sale 99 84 - 15.2% 110 92 - 16.4%
Inventory of Homes for Sale 578 337 - 41.7% -- -- --
Months Supply of Inventory 5.6 2.9 - 48.2% -- -- --
* 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.
Entire CarolinaMLS Area —
Gastonia, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Gastonia, NC0
July Year to Date
Year to Date
$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
1,112 1,027
New Listings
141
103
Closed Sales
176
125
New Listings- 29.0% - 27.0% - 7.6%
776 765
Closed Sales
2015 2016
- 1.4%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 182 207 + 13.7% 1,224 1,279 + 4.5%
Pending Sales 107 166 + 55.1% 931 1,005 + 7.9%
Closed Sales 165 127 - 23.0% 860 826 - 4.0%
Median Sales Price* $271,000 $267,500 - 1.3% $259,150 $262,000 + 1.1%
Average Sales Price* $296,193 $296,135 - 0.0% $276,236 $284,737 + 3.1%
Percent of Original List Price Received* 96.3% 97.3% + 1.0% 96.8% 97.2% + 0.4%
List to Close 102 89 - 12.7% 101 91 - 9.9%
Days on Market Until Sale 51 39 - 23.5% 51 43 - 15.7%
Cumulative Days on Market Until Sale 66 42 - 36.4% 64 51 - 20.3%
Inventory of Homes for Sale 365 370 + 1.4% -- -- --
Months Supply of Inventory 3.0 3.0 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.
Entire CarolinaMLS Area —
Huntersville, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Huntersville, NC0
July Year to Date
Year to Date
$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
1,224 1,279
New Listings
165
127
Closed Sales
182207
New Listings+ 13.7% - 23.0% + 4.5%
860 826
Closed Sales
2015 2016
- 4.0%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 94 79 - 16.0% 503 511 + 1.6%
Pending Sales 49 91 + 85.7% 333 440 + 32.1%
Closed Sales 61 52 - 14.8% 310 366 + 18.1%
Median Sales Price* $123,000 $129,000 + 4.9% $112,000 $123,395 + 10.2%
Average Sales Price* $145,275 $148,876 + 2.5% $126,219 $140,479 + 11.3%
Percent of Original List Price Received* 93.0% 95.3% + 2.5% 91.2% 94.0% + 3.1%
List to Close 124 112 - 9.7% 132 118 - 10.6%
Days on Market Until Sale 73 56 - 23.3% 86 68 - 20.9%
Cumulative Days on Market Until Sale 87 74 - 14.9% 100 80 - 20.0%
Inventory of Homes for Sale 286 159 - 44.4% -- -- --
Months Supply of Inventory 6.3 2.8 - 55.6% -- -- --
* 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.
Entire CarolinaMLS Area —
Kannapolis, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Kannapolis, NC0
July Year to Date
Year to Date
$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
503 511
New Listings
6152
Closed Sales
9479
New Listings- 16.0% - 14.8% + 1.6%
310366
Closed Sales
2015 2016
+ 18.1%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 55 47 - 14.5% 336 307 - 8.6%
Pending Sales 31 33 + 6.5% 222 251 + 13.1%
Closed Sales 35 29 - 17.1% 195 227 + 16.4%
Median Sales Price* $131,000 $158,250 + 20.8% $133,000 $134,500 + 1.1%
Average Sales Price* $147,405 $183,417 + 24.4% $140,939 $149,464 + 6.0%
Percent of Original List Price Received* 94.1% 95.0% + 1.0% 91.8% 92.8% + 1.1%
List to Close 121 115 - 5.0% 149 145 - 2.7%
Days on Market Until Sale 69 61 - 11.6% 99 87 - 12.1%
Cumulative Days on Market Until Sale 97 62 - 36.1% 126 106 - 15.9%
Inventory of Homes for Sale 223 126 - 43.5% -- -- --
Months Supply of Inventory 8.3 4.0 - 51.8% -- -- --
* 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.
Entire CarolinaMLS Area —
Lincolnton, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Lincolnton, NC0
July Year to Date
Year to Date
$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
336 307
New Listings
3529
Closed Sales
5547
New Listings- 14.5% - 17.1% - 8.6%
195227
Closed Sales
2015 2016
+ 16.4%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 142 135 - 4.9% 852 851 - 0.1%
Pending Sales 93 117 + 25.8% 639 736 + 15.2%
Closed Sales 113 104 - 8.0% 578 636 + 10.0%
Median Sales Price* $160,000 $171,000 + 6.9% $155,000 $169,450 + 9.3%
Average Sales Price* $184,896 $183,524 - 0.7% $168,114 $185,378 + 10.3%
Percent of Original List Price Received* 94.1% 96.1% + 2.1% 94.1% 96.2% + 2.2%
List to Close 116 103 - 11.2% 119 108 - 9.2%
Days on Market Until Sale 63 49 - 22.2% 67 55 - 17.9%
Cumulative Days on Market Until Sale 79 57 - 27.8% 87 63 - 27.6%
Inventory of Homes for Sale 362 245 - 32.3% -- -- --
Months Supply of Inventory 4.3 2.6 - 39.5% -- -- --
* 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.
Entire CarolinaMLS Area —
Monroe, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Monroe, NC0
July Year to Date
Year to Date
$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
852 851
New Listings
113104
Closed Sales
142 135
New Listings- 4.9% - 8.0% - 0.1%
578636
Closed Sales
2015 2016
+ 10.0%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 215 240 + 11.6% 1,550 1,584 + 2.2%
Pending Sales 168 198 + 17.9% 1,084 1,167 + 7.7%
Closed Sales 186 148 - 20.4% 984 994 + 1.0%
Median Sales Price* $252,750 $264,513 + 4.7% $254,095 $259,500 + 2.1%
Average Sales Price* $358,057 $372,083 + 3.9% $343,414 $350,901 + 2.2%
Percent of Original List Price Received* 94.0% 95.9% + 2.0% 94.5% 95.2% + 0.7%
List to Close 117 115 - 1.7% 131 127 - 3.1%
Days on Market Until Sale 70 62 - 11.4% 79 74 - 6.3%
Cumulative Days on Market Until Sale 84 72 - 14.3% 97 88 - 9.3%
Inventory of Homes for Sale 742 707 - 4.7% -- -- --
Months Supply of Inventory 5.4 4.8 - 11.1% -- -- --
* 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.
Entire CarolinaMLS Area —
Mooresville, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Mooresville, NC0
July Year to Date
Year to Date
$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
1,550 1,584
New Listings
186
148
Closed Sales
215240
New Listings+ 11.6% - 20.4% + 2.2%
984 994
Closed Sales
2015 2016
+ 1.0%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 110 85 - 22.7% 677 645 - 4.7%
Pending Sales 71 86 + 21.1% 438 522 + 19.2%
Closed Sales 73 53 - 27.4% 405 449 + 10.9%
Median Sales Price* $128,000 $130,000 + 1.6% $119,000 $136,835 + 15.0%
Average Sales Price* $141,984 $137,175 - 3.4% $129,784 $149,747 + 15.4%
Percent of Original List Price Received* 91.2% 93.4% + 2.4% 89.2% 91.9% + 3.0%
List to Close 141 110 - 22.0% 171 143 - 16.4%
Days on Market Until Sale 97 64 - 34.0% 124 92 - 25.8%
Cumulative Days on Market Until Sale 113 109 - 3.5% 149 118 - 20.8%
Inventory of Homes for Sale 473 313 - 33.8% -- -- --
Months Supply of Inventory 8.4 4.8 - 42.9% -- -- --
* 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.
Entire CarolinaMLS Area —
Salisbury, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Salisbury, NC0
July Year to Date
Year to Date
$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
677 645
New Listings
73
53
Closed Sales
110
85
New Listings- 22.7% - 27.4% - 4.7%
405449
Closed Sales
2015 2016
+ 10.9%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 123 99 - 19.5% 749 694 - 7.3%
Pending Sales 80 77 - 3.8% 509 558 + 9.6%
Closed Sales 79 75 - 5.1% 458 490 + 7.0%
Median Sales Price* $127,500 $169,886 + 33.2% $130,000 $141,000 + 8.5%
Average Sales Price* $133,005 $205,163 + 54.3% $146,914 $160,596 + 9.3%
Percent of Original List Price Received* 91.3% 93.8% + 2.7% 91.8% 93.1% + 1.4%
List to Close 115 141 + 22.6% 130 146 + 12.3%
Days on Market Until Sale 79 90 + 13.9% 85 95 + 11.8%
Cumulative Days on Market Until Sale 81 131 + 61.7% 99 118 + 19.2%
Inventory of Homes for Sale 440 305 - 30.7% -- -- --
Months Supply of Inventory 6.8 4.3 - 36.8% -- -- --
* 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.
Entire CarolinaMLS Area —
Statesville, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Statesville, NC0
July Year to Date
Year to Date
$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
749 694
New Listings
79 75
Closed Sales
12399
New Listings- 19.5% - 5.1% - 7.3%
458 490
Closed Sales
2015 2016
+ 7.0%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 127 132 + 3.9% 962 1,049 + 9.0%
Pending Sales 107 118 + 10.3% 683 774 + 13.3%
Closed Sales 115 119 + 3.5% 599 643 + 7.3%
Median Sales Price* $350,000 $375,000 + 7.1% $348,000 $383,500 + 10.2%
Average Sales Price* $405,324 $431,538 + 6.5% $395,490 $433,331 + 9.6%
Percent of Original List Price Received* 95.8% 96.8% + 1.0% 95.7% 96.6% + 0.9%
List to Close 114 109 - 4.4% 114 121 + 6.1%
Days on Market Until Sale 56 47 - 16.1% 63 61 - 3.2%
Cumulative Days on Market Until Sale 76 61 - 19.7% 84 77 - 8.3%
Inventory of Homes for Sale 389 381 - 2.1% -- -- --
Months Supply of Inventory 4.5 4.1 - 8.9% -- -- --
* 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.
Entire CarolinaMLS Area —
Waxhaw, NC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Waxhaw, NC0
July Year to Date
Year to Date
$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
962 1,049
New Listings
115 119
Closed Sales
127 132
New Listings+ 3.9% + 3.5% + 9.0%
599 643
Closed Sales
2015 2016
+ 7.3%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 253 250 - 1.2% 1,974 2,051 + 3.9%
Pending Sales 192 228 + 18.8% 1,262 1,301 + 3.1%
Closed Sales 212 178 - 16.0% 1,116 1,101 - 1.3%
Median Sales Price* $341,000 $407,500 + 19.5% $344,572 $362,440 + 5.2%
Average Sales Price* $472,322 $536,228 + 13.5% $437,820 $471,212 + 7.6%
Percent of Original List Price Received* 94.6% 95.4% + 0.8% 94.3% 95.2% + 1.0%
List to Close 134 133 - 0.7% 147 138 - 6.1%
Days on Market Until Sale 84 78 - 7.1% 94 83 - 11.7%
Cumulative Days on Market Until Sale 99 95 - 4.0% 117 107 - 8.5%
Inventory of Homes for Sale 1,105 1,075 - 2.7% -- -- --
Months Supply of Inventory 6.9 6.6 - 4.3% -- -- --
* 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.
Entire CarolinaMLS Area —
Lake Norman —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Lake Norman0
July Year to Date
Year to Date
$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
1,974 2,051
New Listings
212178
Closed Sales
253 250
New Listings- 1.2% - 16.0% + 3.9%
1,116 1,101
Closed Sales
2015 2016
- 1.3%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 113 139 + 23.0% 920 937 + 1.8%
Pending Sales 100 128 + 28.0% 627 733 + 16.9%
Closed Sales 97 93 - 4.1% 554 599 + 8.1%
Median Sales Price* $290,000 $304,000 + 4.8% $290,000 $325,000 + 12.1%
Average Sales Price* $331,007 $342,775 + 3.6% $329,636 $364,520 + 10.6%
Percent of Original List Price Received* 95.4% 96.6% + 1.3% 95.4% 96.2% + 0.8%
List to Close 124 115 - 7.3% 143 130 - 9.1%
Days on Market Until Sale 70 65 - 7.1% 86 75 - 12.8%
Cumulative Days on Market Until Sale 80 71 - 11.3% 106 94 - 11.3%
Inventory of Homes for Sale 446 383 - 14.1% -- -- --
Months Supply of Inventory 5.8 4.3 - 25.9% -- -- --
* 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.
Entire CarolinaMLS Area —
Lake Wylie —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Lake Wylie0
July Year to Date
Year to Date
$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
920 937
New Listings
97 93
Closed Sales
113139
New Listings+ 23.0% - 4.1% + 1.8%
554 599
Closed Sales
2015 2016
+ 8.1%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 49 40 - 18.4% 300 294 - 2.0%
Pending Sales 35 25 - 28.6% 210 232 + 10.5%
Closed Sales 28 35 + 25.0% 196 223 + 13.8%
Median Sales Price* $296,500 $245,000 - 17.4% $253,750 $252,500 - 0.5%
Average Sales Price* $316,407 $302,041 - 4.5% $321,214 $294,585 - 8.3%
Percent of Original List Price Received* 95.3% 96.3% + 1.0% 96.1% 96.2% + 0.1%
List to Close 102 82 - 19.6% 115 98 - 14.8%
Days on Market Until Sale 54 39 - 27.8% 67 54 - 19.4%
Cumulative Days on Market Until Sale 72 58 - 19.4% 73 66 - 9.6%
Inventory of Homes for Sale 115 83 - 27.8% -- -- --
Months Supply of Inventory 4.3 2.8 - 34.9% -- -- --
* 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.
Entire CarolinaMLS Area —
Uptown Charlotte —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Uptown Charlotte0
July Year to Date
Year to Date
$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
300 294
New Listings
2835
Closed Sales
4940
New Listings- 18.4% + 25.0% - 2.0%
196223
Closed Sales
2015 2016
+ 13.8%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 188 139 - 26.1% 1,042 1,084 + 4.0%
Pending Sales 126 122 - 3.2% 777 897 + 15.4%
Closed Sales 129 125 - 3.1% 705 787 + 11.6%
Median Sales Price* $249,900 $235,000 - 6.0% $241,995 $258,000 + 6.6%
Average Sales Price* $259,422 $248,157 - 4.3% $250,680 $264,802 + 5.6%
Percent of Original List Price Received* 96.5% 96.9% + 0.4% 95.8% 96.5% + 0.7%
List to Close 127 116 - 8.7% 129 117 - 9.3%
Days on Market Until Sale 72 66 - 8.3% 75 65 - 13.3%
Cumulative Days on Market Until Sale 81 70 - 13.6% 87 73 - 16.1%
Inventory of Homes for Sale 451 360 - 20.2% -- -- --
Months Supply of Inventory 4.6 3.2 - 30.4% -- -- --
* 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.
Entire CarolinaMLS Area —
Lancaster County, SC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Lancaster County, SC0
July Year to Date
Year to Date
$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
1,042 1,084
New Listings
129 125
Closed Sales
188
139
New Listings- 26.1% - 3.1% + 4.0%
705787
Closed Sales
2015 2016
+ 11.6%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 482 503 + 4.4% 3,349 3,527 + 5.3%
Pending Sales 428 455 + 6.3% 2,692 2,991 + 11.1%
Closed Sales 433 411 - 5.1% 2,442 2,605 + 6.7%
Median Sales Price* $212,500 $225,000 + 5.9% $204,500 $222,750 + 8.9%
Average Sales Price* $246,832 $247,386 + 0.2% $234,027 $250,482 + 7.0%
Percent of Original List Price Received* 96.0% 97.4% + 1.5% 95.9% 97.0% + 1.1%
List to Close 99 93 - 6.1% 118 106 - 10.2%
Days on Market Until Sale 49 41 - 16.3% 66 54 - 18.2%
Cumulative Days on Market Until Sale 58 54 - 6.9% 79 63 - 20.3%
Inventory of Homes for Sale 1,210 1,027 - 15.1% -- -- --
Months Supply of Inventory 3.6 2.8 - 22.2% -- -- --
* 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.
Entire CarolinaMLS Area —
York County, SC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
York County, SC0
July Year to Date
Year to Date
$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
3,349 3,527
New Listings
433 411
Closed Sales
482 503
New Listings+ 4.4% - 5.1% + 5.3%
2,442 2,605
Closed Sales
2015 2016
+ 6.7%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 171 171 0.0% 1,075 1,234 + 14.8%
Pending Sales 138 148 + 7.2% 853 1,014 + 18.9%
Closed Sales 133 134 + 0.8% 781 858 + 9.9%
Median Sales Price* $280,500 $270,564 - 3.5% $260,000 $283,950 + 9.2%
Average Sales Price* $309,495 $291,760 - 5.7% $297,199 $309,415 + 4.1%
Percent of Original List Price Received* 97.4% 97.4% 0.0% 96.8% 97.7% + 0.9%
List to Close 83 88 + 6.0% 108 100 - 7.4%
Days on Market Until Sale 33 40 + 21.2% 54 48 - 11.1%
Cumulative Days on Market Until Sale 38 53 + 39.5% 62 57 - 8.1%
Inventory of Homes for Sale 334 335 + 0.3% -- -- --
Months Supply of Inventory 3.0 2.7 - 10.0% -- -- --
* 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.
Entire CarolinaMLS Area —
Fort Mill, SC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Fort Mill, SC
July Year to Date
Year to Date
$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
1,0751,234
New Listings
133 134
Closed Sales
171 171
New Listings0.0% + 0.8% + 14.8%
781858
Closed Sales
2015 2016
+ 9.9%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 174 164 - 5.7% 1,179 1,186 + 0.6%
Pending Sales 153 148 - 3.3% 1,013 1,066 + 5.2%
Closed Sales 144 145 + 0.7% 916 955 + 4.3%
Median Sales Price* $173,500 $175,000 + 0.9% $157,000 $169,500 + 8.0%
Average Sales Price* $188,953 $198,369 + 5.0% $175,998 $192,303 + 9.3%
Percent of Original List Price Received* 95.8% 98.1% + 2.4% 95.7% 97.3% + 1.7%
List to Close 109 86 - 21.1% 117 99 - 15.4%
Days on Market Until Sale 56 31 - 44.6% 68 47 - 30.9%
Cumulative Days on Market Until Sale 63 37 - 41.3% 79 53 - 32.9%
Inventory of Homes for Sale 404 296 - 26.7% -- -- --
Months Supply of Inventory 3.2 2.2 - 31.3% -- -- --
* 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.
Entire CarolinaMLS Area —
Rock Hill, SC —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Rock Hill, SC0
July Year to Date
Year to Date
$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
1,179 1,186
New Listings
144 145
Closed Sales
174 164
New Listings- 5.7% + 0.7% + 0.6%
916 955
Closed Sales
2015 2016
+ 4.3%
Rolling 12-Month Calculation
Local Market Update for July 2016
Key Metrics 2015 2016 Percent Change Thru 7-2015 Thru 7-2016 Percent Change
New Listings 4,520 4,363 - 3.5% 30,013 30,419 + 1.4%
Pending Sales 3,278 3,931 + 19.9% 23,040 25,389 + 10.2%
Closed Sales 3,789 3,395 - 10.4% 21,133 21,957 + 3.9%
Median Sales Price* $205,000 $220,000 + 7.3% $197,000 $209,000 + 6.1%
Average Sales Price* $253,798 $270,935 + 6.8% $245,186 $258,789 + 5.5%
Percent of Original List Price Received* 95.9% 97.2% + 1.4% 95.4% 96.6% + 1.3%
List to Close 103 94 - 8.7% 114 106 - 7.0%
Days on Market Until Sale 52 41 - 21.2% 63 52 - 17.5%
Cumulative Days on Market Until Sale 64 50 - 21.9% 77 62 - 19.5%
Inventory of Homes for Sale 11,284 8,475 - 24.9% -- -- --
Months Supply of Inventory 3.9 2.6 - 33.3% -- -- --
* 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.
Entire CarolinaMLS Area —
Charlotte MSA —
Current as of August 5, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
July
Charlotte MSA
July Year to Date
Year to Date
$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
30,013 30,419
New Listings
3,7893,395
Closed Sales
4,520 4,363
New Listings- 3.5% - 10.4% + 1.4%
21,133 21,957
Closed Sales
2015 2016
+ 3.9%
Rolling 12-Month Calculation
