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Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 3,760 3,937 + 4.7% 3,760 3,937 + 4.7%
Pending Sales 3,021 3,643 + 20.6% 3,021 3,643 + 20.6%
Closed Sales 2,170 2,491 + 14.8% 2,170 2,491 + 14.8%
Median Sales Price* $179,000 $205,000 + 14.5% $179,000 $205,000 + 14.5%
Average Sales Price* $230,026 $258,819 + 12.5% $230,026 $258,819 + 12.5%
Percent of Original List Price Received* 94.7% 96.0% + 1.4% 94.7% 96.0% + 1.4%
List to Close 122 114 - 6.6% 122 114 - 6.6%
Days on Market Until Sale 66 55 - 16.7% 66 55 - 16.7%
Cumulative Days on Market Until Sale 77 64 - 16.9% 77 64 - 16.9%
Inventory of Homes for Sale 11,513 8,639 - 25.0% -- -- --
Months Supply of Inventory 3.3 2.3 - 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®
January
Entire CarolinaMLS Area
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
3,760 3,937
New Listings
2,1702,491
Closed Sales
3,7603,937
New Listings+ 4.7% + 14.8% + 4.7%
2,1702,491
Closed Sales
2016 2017
+ 14.8%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 17 7 - 58.8% 17 7 - 58.8%
Pending Sales 11 14 + 27.3% 11 14 + 27.3%
Closed Sales 4 10 + 150.0% 4 10 + 150.0%
Median Sales Price* $153,000 $135,375 - 11.5% $153,000 $135,375 - 11.5%
Average Sales Price* $123,525 $146,735 + 18.8% $123,525 $146,735 + 18.8%
Percent of Original List Price Received* 90.1% 93.3% + 3.6% 90.1% 93.3% + 3.6%
List to Close 106 163 + 53.8% 106 163 + 53.8%
Days on Market Until Sale 33 99 + 200.0% 33 99 + 200.0%
Cumulative Days on Market Until Sale 33 99 + 200.0% 33 99 + 200.0%
Inventory of Homes for Sale 67 51 - 23.9% -- -- --
Months Supply of Inventory 6.6 4.0 - 39.4% -- -- --
* 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®
January
Alexander CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Alexander County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
17
7
New Listings
4
10
Closed Sales
17
7
New Listings- 58.8% + 150.0% - 58.8%
4
10
Closed Sales
2016 2017
+ 150.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 15 11 - 26.7% 15 11 - 26.7%
Pending Sales 6 11 + 83.3% 6 11 + 83.3%
Closed Sales 8 10 + 25.0% 8 10 + 25.0%
Median Sales Price* $51,250 $111,500 + 117.6% $51,250 $111,500 + 117.6%
Average Sales Price* $64,125 $102,155 + 59.3% $64,125 $102,155 + 59.3%
Percent of Original List Price Received* 77.1% 91.0% + 18.0% 77.1% 91.0% + 18.0%
List to Close 167 213 + 27.5% 167 213 + 27.5%
Days on Market Until Sale 121 171 + 41.3% 121 171 + 41.3%
Cumulative Days on Market Until Sale 143 186 + 30.1% 143 186 + 30.1%
Inventory of Homes for Sale 131 98 - 25.2% -- -- --
Months Supply of Inventory 13.8 9.0 - 34.8% -- -- --
* 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®
January
Anson CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Anson County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$0
$50,000
$100,000
$150,000
$200,000
$250,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
15
11
New Listings
810
Closed Sales
15
11
New Listings- 26.7% + 25.0% - 26.7%
810
Closed Sales
2016 2017
+ 25.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 262 267 + 1.9% 262 267 + 1.9%
Pending Sales 221 259 + 17.2% 221 259 + 17.2%
Closed Sales 176 194 + 10.2% 176 194 + 10.2%
Median Sales Price* $177,750 $181,568 + 2.1% $177,750 $181,568 + 2.1%
Average Sales Price* $199,320 $206,135 + 3.4% $199,320 $206,135 + 3.4%
Percent of Original List Price Received* 94.6% 96.0% + 1.5% 94.6% 96.0% + 1.5%
List to Close 125 98 - 21.6% 125 98 - 21.6%
Days on Market Until Sale 71 44 - 38.0% 71 44 - 38.0%
Cumulative Days on Market Until Sale 82 58 - 29.3% 82 58 - 29.3%
Inventory of Homes for Sale 767 515 - 32.9% -- -- --
Months Supply of Inventory 2.9 1.8 - 37.9% -- -- --
* 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®
January
Cabarrus CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Cabarrus County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$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 1-2017
Median Sales Price
262 267
New Listings
176 194
Closed Sales
262 267
New Listings+ 1.9% + 10.2% + 1.9%
176 194
Closed Sales
2016 2017
+ 10.2%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 266 259 - 2.6% 266 259 - 2.6%
Pending Sales 210 241 + 14.8% 210 241 + 14.8%
Closed Sales 169 193 + 14.2% 169 193 + 14.2%
Median Sales Price* $143,500 $150,001 + 4.5% $143,500 $150,001 + 4.5%
Average Sales Price* $160,750 $168,317 + 4.7% $160,750 $168,317 + 4.7%
Percent of Original List Price Received* 92.5% 96.2% + 4.0% 92.5% 96.2% + 4.0%
List to Close 136 123 - 9.6% 136 123 - 9.6%
Days on Market Until Sale 78 57 - 26.9% 78 57 - 26.9%
Cumulative Days on Market Until Sale 95 62 - 34.7% 95 62 - 34.7%
Inventory of Homes for Sale 1,000 617 - 38.3% -- -- --
Months Supply of Inventory 4.3 2.3 - 46.5% -- -- --
* 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®
January
Gaston CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Gaston County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$100,000
$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 1-2017
Median Sales Price
266 259
New Listings
169193
Closed Sales
266 259
New Listings- 2.6% + 14.2% - 2.6%
169193
Closed Sales
2016 2017
+ 14.2%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 247 258 + 4.5% 247 258 + 4.5%
Pending Sales 217 215 - 0.9% 217 215 - 0.9%
Closed Sales 141 155 + 9.9% 141 155 + 9.9%
Median Sales Price* $182,750 $240,000 + 31.3% $182,750 $240,000 + 31.3%
Average Sales Price* $250,292 $318,071 + 27.1% $250,292 $318,071 + 27.1%
Percent of Original List Price Received* 92.9% 94.0% + 1.2% 92.9% 94.0% + 1.2%
List to Close 139 129 - 7.2% 139 129 - 7.2%
Days on Market Until Sale 86 72 - 16.3% 86 72 - 16.3%
Cumulative Days on Market Until Sale 96 85 - 11.5% 96 85 - 11.5%
Inventory of Homes for Sale 1,079 881 - 18.4% -- -- --
Months Supply of Inventory 4.7 3.5 - 25.5% -- -- --
* 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®
January
Iredell CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Iredell County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
247 258
New Listings
141155
Closed Sales
247 258
New Listings+ 4.5% + 9.9% + 4.5%
141155
Closed Sales
2016 2017
+ 9.9%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 100 148 + 48.0% 100 148 + 48.0%
Pending Sales 53 118 + 122.6% 53 118 + 122.6%
Closed Sales 55 90 + 63.6% 55 90 + 63.6%
Median Sales Price* $165,000 $322,225 + 95.3% $165,000 $322,225 + 95.3%
Average Sales Price* $234,261 $318,574 + 36.0% $234,261 $318,574 + 36.0%
Percent of Original List Price Received* 93.2% 95.9% + 2.9% 93.2% 95.9% + 2.9%
List to Close 135 107 - 20.7% 135 107 - 20.7%
Days on Market Until Sale 82 56 - 31.7% 82 56 - 31.7%
Cumulative Days on Market Until Sale 96 61 - 36.5% 96 61 - 36.5%
Inventory of Homes for Sale 433 372 - 14.1% -- -- --
Months Supply of Inventory 5.1 3.3 - 35.3% -- -- --
* 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®
January
Lincoln CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Lincoln County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$120,000
$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 1-2017
Median Sales Price
100
148
New Listings
55
90
Closed Sales
100
148
New Listings+ 48.0% + 63.6% + 48.0%
55
90
Closed Sales
2016 2017
+ 63.6%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 1,609 1,665 + 3.5% 1,609 1,665 + 3.5%
Pending Sales 1,326 1,636 + 23.4% 1,326 1,636 + 23.4%
Closed Sales 956 1,118 + 16.9% 956 1,118 + 16.9%
Median Sales Price* $193,000 $218,250 + 13.1% $193,000 $218,250 + 13.1%
Average Sales Price* $255,848 $282,488 + 10.4% $255,848 $282,488 + 10.4%
Percent of Original List Price Received* 96.2% 97.0% + 0.8% 96.2% 97.0% + 0.8%
List to Close 113 103 - 8.8% 113 103 - 8.8%
Days on Market Until Sale 54 42 - 22.2% 54 42 - 22.2%
Cumulative Days on Market Until Sale 66 50 - 24.2% 66 50 - 24.2%
Inventory of Homes for Sale 3,457 2,393 - 30.8% -- -- --
Months Supply of Inventory 2.2 1.4 - 36.4% -- -- --
* 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®
January
Mecklenburg CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Mecklenburg County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
1,609 1,665
New Listings
9561,118
Closed Sales
1,609 1,665
New Listings+ 3.5% + 16.9% + 3.5%
9561,118
Closed Sales
2016 2017
+ 16.9%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 18 24 + 33.3% 18 24 + 33.3%
Pending Sales 8 8 0.0% 8 8 0.0%
Closed Sales 3 12 + 300.0% 3 12 + 300.0%
Median Sales Price* $145,000 $153,400 + 5.8% $145,000 $153,400 + 5.8%
Average Sales Price* $206,667 $204,900 - 0.9% $206,667 $204,900 - 0.9%
Percent of Original List Price Received* 84.3% 91.2% + 8.2% 84.3% 91.2% + 8.2%
List to Close 132 243 + 84.1% 132 243 + 84.1%
Days on Market Until Sale 69 189 + 173.9% 69 189 + 173.9%
Cumulative Days on Market Until Sale 69 202 + 192.8% 69 202 + 192.8%
Inventory of Homes for Sale 242 214 - 11.6% -- -- --
Months Supply of Inventory 14.9 14.0 - 6.0% -- -- --
* 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®
January
Montgomery CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Montgomery County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$0
$50,000
$100,000
$150,000
$200,000
$250,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
18
24
New Listings
3
12
Closed Sales
18
24
New Listings+ 33.3% + 300.0% + 33.3%
3
12
Closed Sales
2016 2017
+ 300.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 54 59 + 9.3% 54 59 + 9.3%
Pending Sales 36 65 + 80.6% 36 65 + 80.6%
Closed Sales 35 36 + 2.9% 35 36 + 2.9%
Median Sales Price* $135,000 $123,000 - 8.9% $135,000 $123,000 - 8.9%
Average Sales Price* $140,564 $130,629 - 7.1% $140,564 $130,629 - 7.1%
Percent of Original List Price Received* 91.3% 94.7% + 3.7% 91.3% 94.7% + 3.7%
List to Close 196 128 - 34.7% 196 128 - 34.7%
Days on Market Until Sale 156 75 - 51.9% 156 75 - 51.9%
Cumulative Days on Market Until Sale 156 80 - 48.7% 156 80 - 48.7%
Inventory of Homes for Sale 310 221 - 28.7% -- -- --
Months Supply of Inventory 7.2 4.2 - 41.7% -- -- --
* 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®
January
Stanly CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Stanly County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
54 59
New Listings
35 36
Closed Sales
54 59
New Listings+ 9.3% + 2.9% + 9.3%
35 36
Closed Sales
2016 2017
+ 2.9%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 382 338 - 11.5% 382 338 - 11.5%
Pending Sales 294 312 + 6.1% 294 312 + 6.1%
Closed Sales 175 200 + 14.3% 175 200 + 14.3%
Median Sales Price* $195,900 $263,750 + 34.6% $195,900 $263,750 + 34.6%
Average Sales Price* $255,704 $325,436 + 27.3% $255,704 $325,436 + 27.3%
Percent of Original List Price Received* 95.5% 95.5% 0.0% 95.5% 95.5% 0.0%
List to Close 112 125 + 11.6% 112 125 + 11.6%
Days on Market Until Sale 59 63 + 6.8% 59 63 + 6.8%
Cumulative Days on Market Until Sale 68 78 + 14.7% 68 78 + 14.7%
Inventory of Homes for Sale 992 769 - 22.5% -- -- --
Months Supply of Inventory 3.1 2.2 - 29.0% -- -- --
* 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®
January
Union CountyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Union County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
382338
New Listings
175200
Closed Sales
382338
New Listings- 11.5% + 14.3% - 11.5%
175200
Closed Sales
2016 2017
+ 14.3%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 1,278 1,338 + 4.7% 1,278 1,338 + 4.7%
Pending Sales 1,050 1,344 + 28.0% 1,050 1,344 + 28.0%
Closed Sales 791 904 + 14.3% 791 904 + 14.3%
Median Sales Price* $180,000 $204,250 + 13.5% $180,000 $204,250 + 13.5%
Average Sales Price* $246,712 $268,078 + 8.7% $246,712 $268,078 + 8.7%
Percent of Original List Price Received* 96.2% 97.1% + 0.9% 96.2% 97.1% + 0.9%
List to Close 111 99 - 10.8% 111 99 - 10.8%
Days on Market Until Sale 52 38 - 26.9% 52 38 - 26.9%
Cumulative Days on Market Until Sale 63 45 - 28.6% 63 45 - 28.6%
Inventory of Homes for Sale 2,679 1,707 - 36.3% -- -- --
Months Supply of Inventory 2.2 1.3 - 40.9% -- -- --
* 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®
January
City of CharlotteNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
City of Charlotte —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$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 1-2017
Median Sales Price
1,278 1,338
New Listings
791904
Closed Sales
1,278 1,338
New Listings+ 4.7% + 14.3% + 4.7%
791904
Closed Sales
2016 2017
+ 14.3%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 153 138 - 9.8% 153 138 - 9.8%
Pending Sales 125 131 + 4.8% 125 131 + 4.8%
Closed Sales 104 132 + 26.9% 104 132 + 26.9%
Median Sales Price* $174,000 $183,950 + 5.7% $174,000 $183,950 + 5.7%
Average Sales Price* $206,249 $210,170 + 1.9% $206,249 $210,170 + 1.9%
Percent of Original List Price Received* 94.6% 96.4% + 1.9% 94.6% 96.4% + 1.9%
List to Close 135 91 - 32.6% 135 91 - 32.6%
Days on Market Until Sale 80 36 - 55.0% 80 36 - 55.0%
Cumulative Days on Market Until Sale 91 48 - 47.3% 91 48 - 47.3%
Inventory of Homes for Sale 421 273 - 35.2% -- -- --
Months Supply of Inventory 2.7 1.6 - 40.7% -- -- --
* 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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January
ConcordNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Concord —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$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 1-2017
Median Sales Price
153138
New Listings
104
132
Closed Sales
153138
New Listings- 9.8% + 26.9% - 9.8%
104
132
Closed Sales
2016 2017
+ 26.9%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 38 43 + 13.2% 38 43 + 13.2%
Pending Sales 29 31 + 6.9% 29 31 + 6.9%
Closed Sales 26 19 - 26.9% 26 19 - 26.9%
Median Sales Price* $316,500 $255,000 - 19.4% $316,500 $255,000 - 19.4%
Average Sales Price* $380,621 $394,904 + 3.8% $380,621 $394,904 + 3.8%
Percent of Original List Price Received* 93.4% 95.5% + 2.2% 93.4% 95.5% + 2.2%
List to Close 168 188 + 11.9% 168 188 + 11.9%
Days on Market Until Sale 115 101 - 12.2% 115 101 - 12.2%
Cumulative Days on Market Until Sale 148 137 - 7.4% 148 137 - 7.4%
Inventory of Homes for Sale 133 139 + 4.5% -- -- --
Months Supply of Inventory 3.3 3.7 + 12.1% -- -- --
* 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.
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January
DavidsonNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Davidson —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
3843
New Listings
26
19
Closed Sales
3843
New Listings+ 13.2% - 26.9% + 13.2%
26
19
Closed Sales
2016 2017
- 26.9%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 43 86 + 100.0% 43 86 + 100.0%
Pending Sales 19 68 + 257.9% 19 68 + 257.9%
Closed Sales 22 59 + 168.2% 22 59 + 168.2%
Median Sales Price* $330,450 $370,000 + 12.0% $330,450 $370,000 + 12.0%
Average Sales Price* $377,506 $391,695 + 3.8% $377,506 $391,695 + 3.8%
Percent of Original List Price Received* 95.1% 97.5% + 2.5% 95.1% 97.5% + 2.5%
List to Close 125 94 - 24.8% 125 94 - 24.8%
Days on Market Until Sale 73 50 - 31.5% 73 50 - 31.5%
Cumulative Days on Market Until Sale 93 58 - 37.6% 93 58 - 37.6%
Inventory of Homes for Sale 201 219 + 9.0% -- -- --
Months Supply of Inventory 4.9 4.0 - 18.4% -- -- --
* 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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January
DenverNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Denver —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
43
86
New Listings
22
59
Closed Sales
43
86
New Listings+ 100.0% + 168.2% + 100.0%
22
59
Closed Sales
2016 2017
+ 168.2%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 129 118 - 8.5% 129 118 - 8.5%
Pending Sales 107 116 + 8.4% 107 116 + 8.4%
Closed Sales 70 85 + 21.4% 70 85 + 21.4%
Median Sales Price* $130,811 $150,001 + 14.7% $130,811 $150,001 + 14.7%
Average Sales Price* $136,757 $168,873 + 23.5% $136,757 $168,873 + 23.5%
Percent of Original List Price Received* 93.0% 95.7% + 2.9% 93.0% 95.7% + 2.9%
List to Close 134 123 - 8.2% 134 123 - 8.2%
Days on Market Until Sale 81 66 - 18.5% 81 66 - 18.5%
Cumulative Days on Market Until Sale 94 70 - 25.5% 94 70 - 25.5%
Inventory of Homes for Sale 474 289 - 39.0% -- -- --
Months Supply of Inventory 4.4 2.3 - 47.7% -- -- --
* 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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January
GastoniaNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Gastonia —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
129118
New Listings
7085
Closed Sales
129118
New Listings- 8.5% + 21.4% - 8.5%
7085
Closed Sales
2016 2017
+ 21.4%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 128 123 - 3.9% 128 123 - 3.9%
Pending Sales 99 120 + 21.2% 99 120 + 21.2%
Closed Sales 57 81 + 42.1% 57 81 + 42.1%
Median Sales Price* $240,000 $275,000 + 14.6% $240,000 $275,000 + 14.6%
Average Sales Price* $263,752 $300,774 + 14.0% $263,752 $300,774 + 14.0%
Percent of Original List Price Received* 95.7% 97.1% + 1.5% 95.7% 97.1% + 1.5%
List to Close 103 117 + 13.6% 103 117 + 13.6%
Days on Market Until Sale 57 55 - 3.5% 57 55 - 3.5%
Cumulative Days on Market Until Sale 64 65 + 1.6% 64 65 + 1.6%
Inventory of Homes for Sale 263 224 - 14.8% -- -- --
Months Supply of Inventory 2.3 1.6 - 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.
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January
HuntersvilleNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Huntersville —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
128 123
New Listings
57
81
Closed Sales
128 123
New Listings- 3.9% + 42.1% - 3.9%
57
81
Closed Sales
2016 2017
+ 42.1%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 50 65 + 30.0% 50 65 + 30.0%
Pending Sales 57 54 - 5.3% 57 54 - 5.3%
Closed Sales 35 41 + 17.1% 35 41 + 17.1%
Median Sales Price* $97,900 $125,000 + 27.7% $97,900 $125,000 + 27.7%
Average Sales Price* $120,933 $130,670 + 8.1% $120,933 $130,670 + 8.1%
Percent of Original List Price Received* 91.6% 94.7% + 3.4% 91.6% 94.7% + 3.4%
List to Close 98 98 0.0% 98 98 0.0%
Days on Market Until Sale 54 54 0.0% 54 54 0.0%
Cumulative Days on Market Until Sale 60 62 + 3.3% 60 62 + 3.3%
Inventory of Homes for Sale 184 139 - 24.5% -- -- --
Months Supply of Inventory 3.7 2.4 - 35.1% -- -- --
* 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.
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January
KannapolisNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Kannapolis —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
50
65
New Listings
3541
Closed Sales
50
65
New Listings+ 30.0% + 17.1% + 30.0%
3541
Closed Sales
2016 2017
+ 17.1%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 29 39 + 34.5% 29 39 + 34.5%
Pending Sales 21 37 + 76.2% 21 37 + 76.2%
Closed Sales 19 20 + 5.3% 19 20 + 5.3%
Median Sales Price* $120,000 $126,250 + 5.2% $120,000 $126,250 + 5.2%
Average Sales Price* $117,473 $135,133 + 15.0% $117,473 $135,133 + 15.0%
Percent of Original List Price Received* 93.0% 90.9% - 2.3% 93.0% 90.9% - 2.3%
List to Close 153 152 - 0.7% 153 152 - 0.7%
Days on Market Until Sale 93 90 - 3.2% 93 90 - 3.2%
Cumulative Days on Market Until Sale 93 94 + 1.1% 93 94 + 1.1%
Inventory of Homes for Sale 148 93 - 37.2% -- -- --
Months Supply of Inventory 5.2 2.6 - 50.0% -- -- --
* 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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January
LincolntonNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Lincolnton —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
29
39
New Listings
19 20
Closed Sales
29
39
New Listings+ 34.5% + 5.3% + 34.5%
19 20
Closed Sales
2016 2017
+ 5.3%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 83 70 - 15.7% 83 70 - 15.7%
Pending Sales 75 69 - 8.0% 75 69 - 8.0%
Closed Sales 45 56 + 24.4% 45 56 + 24.4%
Median Sales Price* $198,000 $276,700 + 39.7% $198,000 $276,700 + 39.7%
Average Sales Price* $232,683 $318,435 + 36.9% $232,683 $318,435 + 36.9%
Percent of Original List Price Received* 95.8% 96.7% + 0.9% 95.8% 96.7% + 0.9%
List to Close 90 107 + 18.9% 90 107 + 18.9%
Days on Market Until Sale 41 58 + 41.5% 41 58 + 41.5%
Cumulative Days on Market Until Sale 41 73 + 78.0% 41 73 + 78.0%
Inventory of Homes for Sale 172 158 - 8.1% -- -- --
Months Supply of Inventory 1.8 1.6 - 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 —
Matthews —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
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January
MatthewsSouth Carolina
January 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 1-2017
Median Sales Price
8370
New Listings
45
56
Closed Sales
8370
New Listings- 15.7% + 24.4% - 15.7%
45
56
Closed Sales
2016 2017
+ 24.4%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 99 81 - 18.2% 99 81 - 18.2%
Pending Sales 78 106 + 35.9% 78 106 + 35.9%
Closed Sales 56 58 + 3.6% 56 58 + 3.6%
Median Sales Price* $150,000 $174,500 + 16.3% $150,000 $174,500 + 16.3%
Average Sales Price* $150,722 $186,615 + 23.8% $150,722 $186,615 + 23.8%
Percent of Original List Price Received* 94.0% 94.8% + 0.9% 94.0% 94.8% + 0.9%
List to Close 98 127 + 29.6% 98 127 + 29.6%
Days on Market Until Sale 52 71 + 36.5% 52 71 + 36.5%
Cumulative Days on Market Until Sale 57 81 + 42.1% 57 81 + 42.1%
Inventory of Homes for Sale 284 166 - 41.5% -- -- --
Months Supply of Inventory 3.3 1.7 - 48.5% -- -- --
* 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.
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January
MonroeNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Monroe —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
9981
New Listings
56 58
Closed Sales
9981
New Listings- 18.2% + 3.6% - 18.2%
56 58
Closed Sales
2016 2017
+ 3.6%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 145 163 + 12.4% 145 163 + 12.4%
Pending Sales 132 140 + 6.1% 132 140 + 6.1%
Closed Sales 81 92 + 13.6% 81 92 + 13.6%
Median Sales Price* $244,000 $284,213 + 16.5% $244,000 $284,213 + 16.5%
Average Sales Price* $327,490 $396,772 + 21.2% $327,490 $396,772 + 21.2%
Percent of Original List Price Received* 92.7% 94.1% + 1.5% 92.7% 94.1% + 1.5%
List to Close 139 126 - 9.4% 139 126 - 9.4%
Days on Market Until Sale 83 65 - 21.7% 83 65 - 21.7%
Cumulative Days on Market Until Sale 97 82 - 15.5% 97 82 - 15.5%
Inventory of Homes for Sale 611 522 - 14.6% -- -- --
Months Supply of Inventory 4.3 3.4 - 20.9% -- -- --
* 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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January
MooresvilleNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Mooresville —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
145163
New Listings
8192
Closed Sales
145163
New Listings+ 12.4% + 13.6% + 12.4%
8192
Closed Sales
2016 2017
+ 13.6%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 85 81 - 4.7% 85 81 - 4.7%
Pending Sales 63 64 + 1.6% 63 64 + 1.6%
Closed Sales 41 47 + 14.6% 41 47 + 14.6%
Median Sales Price* $140,000 $146,725 + 4.8% $140,000 $146,725 + 4.8%
Average Sales Price* $142,592 $143,587 + 0.7% $142,592 $143,587 + 0.7%
Percent of Original List Price Received* 86.5% 93.4% + 8.0% 86.5% 93.4% + 8.0%
List to Close 140 128 - 8.6% 140 128 - 8.6%
Days on Market Until Sale 90 71 - 21.1% 90 71 - 21.1%
Cumulative Days on Market Until Sale 122 84 - 31.1% 122 84 - 31.1%
Inventory of Homes for Sale 390 278 - 28.7% -- -- --
Months Supply of Inventory 6.5 4.1 - 36.9% -- -- --
* 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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January
SalisburyNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Salisbury —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
85 81
New Listings
4147
Closed Sales
85 81
New Listings- 4.7% + 14.6% - 4.7%
4147
Closed Sales
2016 2017
+ 14.6%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 75 77 + 2.7% 75 77 + 2.7%
Pending Sales 62 60 - 3.2% 62 60 - 3.2%
Closed Sales 43 49 + 14.0% 43 49 + 14.0%
Median Sales Price* $122,250 $161,415 + 32.0% $122,250 $161,415 + 32.0%
Average Sales Price* $125,438 $192,174 + 53.2% $125,438 $192,174 + 53.2%
Percent of Original List Price Received* 91.8% 93.7% + 2.1% 91.8% 93.7% + 2.1%
List to Close 138 142 + 2.9% 138 142 + 2.9%
Days on Market Until Sale 91 90 - 1.1% 91 90 - 1.1%
Cumulative Days on Market Until Sale 100 99 - 1.0% 100 99 - 1.0%
Inventory of Homes for Sale 355 244 - 31.3% -- -- --
Months Supply of Inventory 5.2 3.3 - 36.5% -- -- --
* 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.
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January
StatesvilleNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Statesville —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$80,000
$100,000
$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 1-2017
Median Sales Price
75 77
New Listings
4349
Closed Sales
75 77
New Listings+ 2.7% + 14.0% + 2.7%
4349
Closed Sales
2016 2017
+ 14.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 94 114 + 21.3% 94 114 + 21.3%
Pending Sales 56 89 + 58.9% 56 89 + 58.9%
Closed Sales 42 51 + 21.4% 42 51 + 21.4%
Median Sales Price* $302,488 $382,900 + 26.6% $302,488 $382,900 + 26.6%
Average Sales Price* $350,623 $442,494 + 26.2% $350,623 $442,494 + 26.2%
Percent of Original List Price Received* 95.3% 95.9% + 0.6% 95.3% 95.9% + 0.6%
List to Close 112 143 + 27.7% 112 143 + 27.7%
Days on Market Until Sale 56 72 + 28.6% 56 72 + 28.6%
Cumulative Days on Market Until Sale 68 102 + 50.0% 68 102 + 50.0%
Inventory of Homes for Sale 305 273 - 10.5% -- -- --
Months Supply of Inventory 3.5 2.7 - 22.9% -- -- --
* 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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January
WaxhawNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Waxhaw —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
94114
New Listings
4251
Closed Sales
94114
New Listings+ 21.3% + 21.4% + 21.3%
4251
Closed Sales
2016 2017
+ 21.4%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 218 216 - 0.9% 218 216 - 0.9%
Pending Sales 144 138 - 4.2% 144 138 - 4.2%
Closed Sales 92 115 + 25.0% 92 115 + 25.0%
Median Sales Price* $312,734 $370,000 + 18.3% $312,734 $370,000 + 18.3%
Average Sales Price* $421,601 $516,244 + 22.4% $421,601 $516,244 + 22.4%
Percent of Original List Price Received* 93.6% 94.7% + 1.2% 93.6% 94.7% + 1.2%
List to Close 163 138 - 15.3% 163 138 - 15.3%
Days on Market Until Sale 96 69 - 28.1% 96 69 - 28.1%
Cumulative Days on Market Until Sale 121 88 - 27.3% 121 88 - 27.3%
Inventory of Homes for Sale 872 795 - 8.8% -- -- --
Months Supply of Inventory 5.5 4.7 - 14.5% -- -- --
* 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.
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January
Lake NormanNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Lake Norman —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
218 216
New Listings
92115
Closed Sales
218 216
New Listings- 0.9% + 25.0% - 0.9%
92115
Closed Sales
2016 2017
+ 25.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 89 122 + 37.1% 89 122 + 37.1%
Pending Sales 75 82 + 9.3% 75 82 + 9.3%
Closed Sales 37 53 + 43.2% 37 53 + 43.2%
Median Sales Price* $345,000 $312,500 - 9.4% $345,000 $312,500 - 9.4%
Average Sales Price* $384,989 $353,001 - 8.3% $384,989 $353,001 - 8.3%
Percent of Original List Price Received* 97.7% 97.7% 0.0% 97.7% 97.7% 0.0%
List to Close 152 119 - 21.7% 152 119 - 21.7%
Days on Market Until Sale 79 55 - 30.4% 79 55 - 30.4%
Cumulative Days on Market Until Sale 128 67 - 47.7% 128 67 - 47.7%
Inventory of Homes for Sale 370 295 - 20.3% -- -- --
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.
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January
Lake WylieNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Lake Wylie —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$150,000
$200,000
$250,000
$300,000
$350,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
89
122
New Listings
37
53
Closed Sales
89
122
New Listings+ 37.1% + 43.2% + 37.1%
37
53
Closed Sales
2016 2017
+ 43.2%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 37 43 + 16.2% 37 43 + 16.2%
Pending Sales 25 36 + 44.0% 25 36 + 44.0%
Closed Sales 21 31 + 47.6% 21 31 + 47.6%
Median Sales Price* $332,000 $273,258 - 17.7% $332,000 $273,258 - 17.7%
Average Sales Price* $335,997 $396,168 + 17.9% $335,997 $396,168 + 17.9%
Percent of Original List Price Received* 94.7% 97.0% + 2.4% 94.7% 97.0% + 2.4%
List to Close 146 142 - 2.7% 146 142 - 2.7%
Days on Market Until Sale 87 67 - 23.0% 87 67 - 23.0%
Cumulative Days on Market Until Sale 91 69 - 24.2% 91 69 - 24.2%
Inventory of Homes for Sale 117 71 - 39.3% -- -- --
Months Supply of Inventory 4.2 2.3 - 45.2% -- -- --
* 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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January
Uptown CharlotteNorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Uptown Charlotte —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
3743
New Listings
21
31
Closed Sales
3743
New Listings+ 16.2% + 47.6% + 16.2%
21
31
Closed Sales
2016 2017
+ 47.6%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 129 159 + 23.3% 129 159 + 23.3%
Pending Sales 97 122 + 25.8% 97 122 + 25.8%
Closed Sales 54 79 + 46.3% 54 79 + 46.3%
Median Sales Price* $258,754 $241,500 - 6.7% $258,754 $241,500 - 6.7%
Average Sales Price* $266,696 $244,754 - 8.2% $266,696 $244,754 - 8.2%
Percent of Original List Price Received* 95.5% 96.6% + 1.2% 95.5% 96.6% + 1.2%
List to Close 115 136 + 18.3% 115 136 + 18.3%
Days on Market Until Sale 67 67 0.0% 67 67 0.0%
Cumulative Days on Market Until Sale 84 74 - 11.9% 84 74 - 11.9%
Inventory of Homes for Sale 371 323 - 12.9% -- -- --
Months Supply of Inventory 3.5 2.8 - 20.0% -- -- --
* 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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January
Lancaster CountySouth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Lancaster County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
129159
New Listings
54
79
Closed Sales
129159
New Listings+ 23.3% + 46.3% + 23.3%
54
79
Closed Sales
2016 2017
+ 46.3%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 338 401 + 18.6% 338 401 + 18.6%
Pending Sales 305 368 + 20.7% 305 368 + 20.7%
Closed Sales 239 221 - 7.5% 239 221 - 7.5%
Median Sales Price* $198,000 $218,900 + 10.6% $198,000 $218,900 + 10.6%
Average Sales Price* $234,908 $251,451 + 7.0% $234,908 $251,451 + 7.0%
Percent of Original List Price Received* 96.0% 95.8% - 0.2% 96.0% 95.8% - 0.2%
List to Close 111 120 + 8.1% 111 120 + 8.1%
Days on Market Until Sale 55 60 + 9.1% 55 60 + 9.1%
Cumulative Days on Market Until Sale 64 67 + 4.7% 64 67 + 4.7%
Inventory of Homes for Sale 1,018 846 - 16.9% -- -- --
Months Supply of Inventory 2.9 2.2 - 24.1% -- -- --
* 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.
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January
York CountySouth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
York County —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
338401
New Listings
239 221
Closed Sales
338401
New Listings+ 18.6% - 7.5% + 18.6%
239 221
Closed Sales
2016 2017
- 7.5%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 123 114 - 7.3% 123 114 - 7.3%
Pending Sales 87 116 + 33.3% 87 116 + 33.3%
Closed Sales 73 62 - 15.1% 73 62 - 15.1%
Median Sales Price* $277,960 $277,505 - 0.2% $277,960 $277,505 - 0.2%
Average Sales Price* $311,256 $312,122 + 0.3% $311,256 $312,122 + 0.3%
Percent of Original List Price Received* 96.5% 96.8% + 0.3% 96.5% 96.8% + 0.3%
List to Close 108 105 - 2.8% 108 105 - 2.8%
Days on Market Until Sale 51 50 - 2.0% 51 50 - 2.0%
Cumulative Days on Market Until Sale 62 57 - 8.1% 62 57 - 8.1%
Inventory of Homes for Sale 292 231 - 20.9% -- -- --
Months Supply of Inventory 2.7 1.7 - 37.0% -- -- --
* 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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January
Fort MillSouth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Fort Mill —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
123 114
New Listings
7362
Closed Sales
123 114
New Listings- 7.3% - 15.1% - 7.3%
7362
Closed Sales
2016 2017
- 15.1%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 116 147 + 26.7% 116 147 + 26.7%
Pending Sales 125 130 + 4.0% 125 130 + 4.0%
Closed Sales 91 91 0.0% 91 91 0.0%
Median Sales Price* $156,500 $174,900 + 11.8% $156,500 $174,900 + 11.8%
Average Sales Price* $175,846 $194,684 + 10.7% $175,846 $194,684 + 10.7%
Percent of Original List Price Received* 95.6% 95.6% 0.0% 95.6% 95.6% 0.0%
List to Close 101 128 + 26.7% 101 128 + 26.7%
Days on Market Until Sale 49 57 + 16.3% 49 57 + 16.3%
Cumulative Days on Market Until Sale 50 64 + 28.0% 50 64 + 28.0%
Inventory of Homes for Sale 326 269 - 17.5% -- -- --
Months Supply of Inventory 2.5 2.0 - 20.0% -- -- --
* 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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January
Rock HillSouth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Rock Hill —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
116
147
New Listings
91 91
Closed Sales
116
147
New Listings+ 26.7% 0.0% + 26.7%
91 91
Closed Sales
2016 2017
0.0%
Rolling 12-Month Calculation
Local Market Update for January 2017
Key Metrics 2016 2017 Percent Change Thru 1-2016 Thru 1-2017 Percent Change
New Listings 3,227 3,386 + 4.9% 3,227 3,386 + 4.9%
Pending Sales 2,621 3,181 + 21.4% 2,621 3,181 + 21.4%
Closed Sales 1,905 2,180 + 14.4% 1,905 2,180 + 14.4%
Median Sales Price* $184,700 $209,000 + 13.2% $184,700 $209,000 + 13.2%
Average Sales Price* $234,108 $260,818 + 11.4% $234,108 $260,818 + 11.4%
Percent of Original List Price Received* 95.1% 96.4% + 1.4% 95.1% 96.4% + 1.4%
List to Close 118 110 - 6.8% 118 110 - 6.8%
Days on Market Until Sale 61 50 - 18.0% 61 50 - 18.0%
Cumulative Days on Market Until Sale 73 58 - 20.5% 73 58 - 20.5%
Inventory of Homes for Sale 8,714 6,365 - 27.0% -- -- --
Months Supply of Inventory 2.9 1.9 - 34.5% -- -- --
* 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®
January
Charlotte MSANorth Carolina
January Year to Date
Year to Date
Entire CarolinaMLS Area —
Charlotte MSA —
Current as of February 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 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 1-2017
Median Sales Price
3,227 3,386
New Listings
1,9052,180
Closed Sales
3,227 3,386
New Listings+ 4.9% + 14.4% + 4.9%
1,9052,180
Closed Sales
2016 2017
+ 14.4%
Rolling 12-Month Calculation