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Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 4,550 4,700 + 3.3% 45,366 47,598 + 4.9%
Pending Sales 3,555 4,137 + 16.4% 36,095 38,565 + 6.8%
Closed Sales 4,121 3,960 - 3.9% 34,053 36,127 + 6.1%
Median Sales Price* $206,000 $225,000 + 9.2% $206,000 $226,500 + 10.0%
Average Sales Price* $256,092 $271,606 + 6.1% $257,726 $273,186 + 6.0%
Percent of Original List Price Received* 96.2% 96.7% + 0.5% 96.3% 97.0% + 0.7%
List to Close 99 90 - 9.1% 108 98 - 9.3%
Days on Market Until Sale 47 39 - 17.0% 55 46 - 16.4%
Cumulative Days on Market Until Sale 54 49 - 9.3% 64 54 - 15.6%
Inventory of Homes for Sale 12,297 10,140 - 17.5% -- -- --
Months Supply of Inventory 3.3 2.5 - 24.2% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Entire CarolinaMLS Area
September Year to Date
Year to Date
$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
45,366 47,598
New Listings
4,121 3,960
Closed Sales
4,550
4,700
New Listings+ 3.3% - 3.9% + 4.9%
34,053 36,127
Closed Sales
2016 2017
+ 6.1%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 14 22 + 57.1% 171 175 + 2.3%
Pending Sales 11 15 + 36.4% 117 123 + 5.1%
Closed Sales 16 11 - 31.3% 104 119 + 14.4%
Median Sales Price* $167,250 $163,000 - 2.5% $138,500 $149,450 + 7.9%
Average Sales Price* $214,981 $220,309 + 2.5% $183,050 $189,858 + 3.7%
Percent of Original List Price Received* 95.7% 96.3% + 0.6% 93.5% 93.2% - 0.3%
List to Close 146 91 - 37.7% 148 131 - 11.5%
Days on Market Until Sale 85 44 - 48.2% 94 79 - 16.0%
Cumulative Days on Market Until Sale 96 44 - 54.2% 102 82 - 19.6%
Inventory of Homes for Sale 71 74 + 4.2% -- -- --
Months Supply of Inventory 6.3 5.8 - 7.9% -- -- --
* 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 —
Alexander County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Alexander CountyNorth Carolina
September Year to Date
Year to Date
$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
171 175
New Listings
16
11
Closed Sales
14
22
New Listings+ 57.1% - 31.3% + 2.3%
104119
Closed Sales
2016 2017
+ 14.4%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 14 20 + 42.9% 132 144 + 9.1%
Pending Sales 9 13 + 44.4% 100 119 + 19.0%
Closed Sales 8 11 + 37.5% 93 112 + 20.4%
Median Sales Price* $92,750 $82,000 - 11.6% $86,900 $79,000 - 9.1%
Average Sales Price* $108,651 $98,909 - 9.0% $102,924 $110,213 + 7.1%
Percent of Original List Price Received* 105.4% 85.3% - 19.1% 89.3% 88.7% - 0.7%
List to Close 271 176 - 35.1% 216 226 + 4.6%
Days on Market Until Sale 214 136 - 36.4% 154 197 + 27.9%
Cumulative Days on Market Until Sale 243 171 - 29.6% 167 208 + 24.6%
Inventory of Homes for Sale 115 86 - 25.2% -- -- --
Months Supply of Inventory 9.9 7.3 - 26.3% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Anson CountyNorth Carolina
September Year to Date
Year to Date
$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
132144
New Listings
8
11
Closed Sales
14
20
New Listings+ 42.9% + 37.5% + 9.1%
93112
Closed Sales
2016 2017
+ 20.4%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 338 315 - 6.8% 3,384 3,557 + 5.1%
Pending Sales 262 313 + 19.5% 2,760 2,993 + 8.4%
Closed Sales 312 325 + 4.2% 2,605 2,785 + 6.9%
Median Sales Price* $195,500 $211,000 + 7.9% $192,000 $202,995 + 5.7%
Average Sales Price* $218,238 $226,107 + 3.6% $211,631 $224,594 + 6.1%
Percent of Original List Price Received* 96.1% 97.1% + 1.0% 96.2% 97.2% + 1.0%
List to Close 93 87 - 6.5% 101 88 - 12.9%
Days on Market Until Sale 43 29 - 32.6% 52 38 - 26.9%
Cumulative Days on Market Until Sale 50 36 - 28.0% 59 45 - 23.7%
Inventory of Homes for Sale 793 555 - 30.0% -- -- --
Months Supply of Inventory 2.8 1.8 - 35.7% -- -- --
* 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 —
Cabarrus County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Cabarrus CountyNorth Carolina
September Year to Date
Year to Date
$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
3,384 3,557
New Listings
312 325
Closed Sales
338 315
New Listings- 6.8% + 4.2% + 5.1%
2,605 2,785
Closed Sales
2016 2017
+ 6.9%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 322 295 - 8.4% 2,922 2,973 + 1.7%
Pending Sales 269 301 + 11.9% 2,484 2,629 + 5.8%
Closed Sales 265 276 + 4.2% 2,300 2,421 + 5.3%
Median Sales Price* $148,900 $166,500 + 11.8% $149,000 $161,850 + 8.6%
Average Sales Price* $169,177 $186,259 + 10.1% $165,879 $182,261 + 9.9%
Percent of Original List Price Received* 96.3% 96.4% + 0.1% 95.2% 96.8% + 1.7%
List to Close 112 95 - 15.2% 124 104 - 16.1%
Days on Market Until Sale 55 46 - 16.4% 68 50 - 26.5%
Cumulative Days on Market Until Sale 65 53 - 18.5% 79 58 - 26.6%
Inventory of Homes for Sale 823 553 - 32.8% -- -- --
Months Supply of Inventory 3.2 2.0 - 37.5% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Entire CarolinaMLS Area —
Gaston County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Gaston CountyNorth Carolina
September Year to Date
Year to Date
$100,000
$120,000
$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
2,922 2,973
New Listings
265 276
Closed Sales
322295
New Listings- 8.4% + 4.2% + 1.7%
2,300 2,421
Closed Sales
2016 2017
+ 5.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 347 353 + 1.7% 3,255 3,463 + 6.4%
Pending Sales 249 290 + 16.5% 2,415 2,510 + 3.9%
Closed Sales 291 270 - 7.2% 2,274 2,311 + 1.6%
Median Sales Price* $218,500 $257,945 + 18.1% $218,000 $241,439 + 10.8%
Average Sales Price* $283,774 $348,061 + 22.7% $286,841 $305,129 + 6.4%
Percent of Original List Price Received* 94.3% 95.1% + 0.8% 94.6% 95.4% + 0.8%
List to Close 114 106 - 7.0% 129 116 - 10.1%
Days on Market Until Sale 64 55 - 14.1% 76 67 - 11.8%
Cumulative Days on Market Until Sale 75 75 0.0% 92 81 - 12.0%
Inventory of Homes for Sale 1,177 1,075 - 8.7% -- -- --
Months Supply of Inventory 4.8 4.1 - 14.6% -- -- --
* 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 —
Iredell County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Iredell CountyNorth Carolina
September Year to Date
Year to Date
$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
3,255 3,463
New Listings
291 270
Closed Sales
347 353
New Listings+ 1.7% - 7.2% + 6.4%
2,274 2,311
Closed Sales
2016 2017
+ 1.6%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 129 130 + 0.8% 1,326 1,481 + 11.7%
Pending Sales 109 119 + 9.2% 979 1,188 + 21.3%
Closed Sales 108 113 + 4.6% 906 1,072 + 18.3%
Median Sales Price* $261,637 $237,000 - 9.4% $233,000 $260,000 + 11.6%
Average Sales Price* $282,171 $296,184 + 5.0% $269,207 $292,294 + 8.6%
Percent of Original List Price Received* 95.6% 95.8% + 0.2% 94.7% 96.4% + 1.8%
List to Close 102 111 + 8.8% 124 112 - 9.7%
Days on Market Until Sale 50 56 + 12.0% 73 60 - 17.8%
Cumulative Days on Market Until Sale 62 60 - 3.2% 90 69 - 23.3%
Inventory of Homes for Sale 448 396 - 11.6% -- -- --
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 —
Lincoln County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Lincoln CountyNorth Carolina
September Year to Date
Year to Date
$125,000
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Median Sales Price
1,3261,481
New Listings
108 113
Closed Sales
129 130
New Listings+ 0.8% + 4.6% + 11.7%
9061,072
Closed Sales
2016 2017
+ 18.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 1,926 2,051 + 6.5% 19,301 20,491 + 6.2%
Pending Sales 1,536 1,795 + 16.9% 15,769 16,949 + 7.5%
Closed Sales 1,787 1,722 - 3.6% 14,988 16,037 + 7.0%
Median Sales Price* $217,000 $233,250 + 7.5% $218,913 $239,900 + 9.6%
Average Sales Price* $276,564 $286,467 + 3.6% $281,454 $297,998 + 5.9%
Percent of Original List Price Received* 97.1% 98.0% + 0.9% 97.3% 98.1% + 0.8%
List to Close 88 80 - 9.1% 94 85 - 9.6%
Days on Market Until Sale 35 28 - 20.0% 40 32 - 20.0%
Cumulative Days on Market Until Sale 41 36 - 12.2% 48 39 - 18.8%
Inventory of Homes for Sale 4,008 3,270 - 18.4% -- -- --
Months Supply of Inventory 2.5 1.9 - 24.0% -- -- --
* 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 —
Mecklenburg County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Mecklenburg CountyNorth Carolina
September Year to Date
Year to Date
$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
19,301 20,491
New Listings
1,787 1,722
Closed Sales
1,926 2,051
New Listings+ 6.5% - 3.6% + 6.2%
14,988 16,037
Closed Sales
2016 2017
+ 7.0%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 28 25 - 10.7% 309 279 - 9.7%
Pending Sales 14 22 + 57.1% 145 188 + 29.7%
Closed Sales 20 22 + 10.0% 133 175 + 31.6%
Median Sales Price* $118,875 $105,000 - 11.7% $141,000 $122,900 - 12.8%
Average Sales Price* $208,263 $183,564 - 11.9% $214,296 $217,166 + 1.3%
Percent of Original List Price Received* 87.7% 86.0% - 1.9% 86.5% 87.8% + 1.5%
List to Close 213 209 - 1.9% 247 209 - 15.4%
Days on Market Until Sale 156 164 + 5.1% 208 174 - 16.3%
Cumulative Days on Market Until Sale 156 177 + 13.5% 231 192 - 16.9%
Inventory of Homes for Sale 288 194 - 32.6% -- -- --
Months Supply of Inventory 19.1 10.3 - 46.1% -- -- --
* 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 —
Montgomery County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Montgomery CountyNorth Carolina
September Year to Date
Year to Date
$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
309279
New Listings
2022
Closed Sales
2825
New Listings- 10.7% + 10.0% - 9.7%
133
175
Closed Sales
2016 2017
+ 31.6%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 70 67 - 4.3% 611 647 + 5.9%
Pending Sales 56 68 + 21.4% 476 552 + 16.0%
Closed Sales 65 62 - 4.6% 453 514 + 13.5%
Median Sales Price* $137,596 $168,500 + 22.5% $136,000 $145,000 + 6.6%
Average Sales Price* $153,473 $196,735 + 28.2% $154,614 $165,160 + 6.8%
Percent of Original List Price Received* 92.3% 92.6% + 0.3% 92.8% 93.6% + 0.9%
List to Close 130 137 + 5.4% 158 131 - 17.1%
Days on Market Until Sale 81 83 + 2.5% 108 79 - 26.9%
Cumulative Days on Market Until Sale 100 104 + 4.0% 124 94 - 24.2%
Inventory of Homes for Sale 291 201 - 30.9% -- -- --
Months Supply of Inventory 5.9 3.6 - 39.0% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Stanly CountyNorth Carolina
September Year to Date
Year to Date
$100,000
$120,000
$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
611 647
New Listings
65 62
Closed Sales
70 67
New Listings- 4.3% - 4.6% + 5.9%
453514
Closed Sales
2016 2017
+ 13.5%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 392 419 + 6.9% 4,338 4,269 - 1.6%
Pending Sales 313 369 + 17.9% 3,431 3,371 - 1.7%
Closed Sales 397 348 - 12.3% 3,181 3,170 - 0.3%
Median Sales Price* $255,000 $267,000 + 4.7% $254,700 $285,000 + 11.9%
Average Sales Price* $315,453 $329,842 + 4.6% $314,847 $339,790 + 7.9%
Percent of Original List Price Received* 97.0% 96.9% - 0.1% 97.0% 97.3% + 0.3%
List to Close 108 85 - 21.3% 110 99 - 10.0%
Days on Market Until Sale 52 37 - 28.8% 53 47 - 11.3%
Cumulative Days on Market Until Sale 56 55 - 1.8% 63 59 - 6.3%
Inventory of Homes for Sale 1,099 946 - 13.9% -- -- --
Months Supply of Inventory 3.2 2.7 - 15.6% -- -- --
* 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 —
Union County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Union CountyNorth Carolina
September 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 1-2017
Median Sales Price
4,338 4,269
New Listings
397348
Closed Sales
392 419
New Listings+ 6.9% - 12.3% - 1.6%
3,181 3,170
Closed Sales
2016 2017
- 0.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 1,557 1,671 + 7.3% 15,189 16,200 + 6.7%
Pending Sales 1,228 1,450 + 18.1% 12,540 13,517 + 7.8%
Closed Sales 1,400 1,343 - 4.1% 11,993 12,709 + 6.0%
Median Sales Price* $195,000 $215,000 + 10.3% $202,000 $225,000 + 11.4%
Average Sales Price* $265,734 $271,239 + 2.1% $271,395 $287,447 + 5.9%
Percent of Original List Price Received* 97.2% 98.0% + 0.8% 97.3% 98.2% + 0.9%
List to Close 87 75 - 13.8% 92 82 - 10.9%
Days on Market Until Sale 34 25 - 26.5% 38 29 - 23.7%
Cumulative Days on Market Until Sale 39 31 - 20.5% 45 35 - 22.2%
Inventory of Homes for Sale 2,996 2,412 - 19.5% -- -- --
Months Supply of Inventory 2.3 1.7 - 26.1% -- -- --
* 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 —
City of Charlotte —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
City of CharlotteNorth Carolina
September Year to Date
Year to Date
$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
15,189 16,200
New Listings
1,400 1,343
Closed Sales
1,557 1,671
New Listings+ 7.3% - 4.1% + 6.7%
11,993 12,709
Closed Sales
2016 2017
+ 6.0%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 205 192 - 6.3% 1,967 2,144 + 9.0%
Pending Sales 158 183 + 15.8% 1,603 1,795 + 12.0%
Closed Sales 184 191 + 3.8% 1,505 1,679 + 11.6%
Median Sales Price* $200,000 $205,000 + 2.5% $187,000 $200,000 + 7.0%
Average Sales Price* $220,110 $221,916 + 0.8% $208,892 $222,344 + 6.4%
Percent of Original List Price Received* 96.2% 97.4% + 1.2% 96.4% 97.5% + 1.1%
List to Close 90 92 + 2.2% 98 87 - 11.2%
Days on Market Until Sale 38 26 - 31.6% 48 34 - 29.2%
Cumulative Days on Market Until Sale 42 33 - 21.4% 55 39 - 29.1%
Inventory of Homes for Sale 422 321 - 23.9% -- -- --
Months Supply of Inventory 2.6 1.7 - 34.6% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
ConcordNorth Carolina
September Year to Date
Year to Date
$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
1,967 2,144
New Listings
184 191
Closed Sales
205 192
New Listings- 6.3% + 3.8% + 9.0%
1,5051,679
Closed Sales
2016 2017
+ 11.6%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 44 39 - 11.4% 481 489 + 1.7%
Pending Sales 34 37 + 8.8% 375 377 + 0.5%
Closed Sales 31 40 + 29.0% 366 350 - 4.4%
Median Sales Price* $395,000 $330,000 - 16.5% $347,000 $327,500 - 5.6%
Average Sales Price* $423,952 $406,109 - 4.2% $415,771 $414,121 - 0.4%
Percent of Original List Price Received* 97.6% 96.5% - 1.1% 96.8% 96.9% + 0.1%
List to Close 125 95 - 24.0% 134 121 - 9.7%
Days on Market Until Sale 72 47 - 34.7% 76 69 - 9.2%
Cumulative Days on Market Until Sale 82 56 - 31.7% 94 82 - 12.8%
Inventory of Homes for Sale 150 133 - 11.3% -- -- --
Months Supply of Inventory 3.9 3.6 - 7.7% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
DavidsonNorth Carolina
September 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 1-2017
Median Sales Price
481 489
New Listings
31
40
Closed Sales
4439
New Listings- 11.4% + 29.0% + 1.7%
366 350
Closed Sales
2016 2017
- 4.4%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 73 70 - 4.1% 675 811 + 20.1%
Pending Sales 55 57 + 3.6% 453 641 + 41.5%
Closed Sales 55 53 - 3.6% 427 584 + 36.8%
Median Sales Price* $344,498 $304,460 - 11.6% $342,846 $338,701 - 1.2%
Average Sales Price* $351,554 $386,082 + 9.8% $376,035 $376,001 - 0.0%
Percent of Original List Price Received* 97.2% 95.6% - 1.6% 96.7% 96.9% + 0.2%
List to Close 109 122 + 11.9% 116 110 - 5.2%
Days on Market Until Sale 50 67 + 34.0% 65 59 - 9.2%
Cumulative Days on Market Until Sale 59 67 + 13.6% 79 70 - 11.4%
Inventory of Homes for Sale 246 235 - 4.5% -- -- --
Months Supply of Inventory 5.4 3.5 - 35.2% -- -- --
* 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 —
Denver —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
DenverNorth Carolina
September 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 1-2017
Median Sales Price
675811
New Listings
55 53
Closed Sales
73 70
New Listings- 4.1% - 3.6% + 20.1%
427
584
Closed Sales
2016 2017
+ 36.8%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 173 128 - 26.0% 1,367 1,304 - 4.6%
Pending Sales 140 133 - 5.0% 1,143 1,167 + 2.1%
Closed Sales 124 117 - 5.6% 1,031 1,109 + 7.6%
Median Sales Price* $144,848 $163,000 + 12.5% $140,000 $155,000 + 10.7%
Average Sales Price* $159,826 $178,428 + 11.6% $152,435 $166,548 + 9.3%
Percent of Original List Price Received* 95.6% 96.8% + 1.3% 94.8% 96.7% + 2.0%
List to Close 115 91 - 20.9% 125 104 - 16.8%
Days on Market Until Sale 56 43 - 23.2% 70 50 - 28.6%
Cumulative Days on Market Until Sale 65 48 - 26.2% 85 57 - 32.9%
Inventory of Homes for Sale 394 227 - 42.4% -- -- --
Months Supply of Inventory 3.4 1.8 - 47.1% -- -- --
* 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 —
Gastonia —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
GastoniaNorth Carolina
September Year to Date
Year to Date
$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
1,367 1,304
New Listings
124 117
Closed Sales
173
128
New Listings- 26.0% - 5.6% - 4.6%
1,031 1,109
Closed Sales
2016 2017
+ 7.6%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 135 153 + 13.3% 1,598 1,744 + 9.1%
Pending Sales 113 153 + 35.4% 1,257 1,394 + 10.9%
Closed Sales 145 149 + 2.8% 1,147 1,341 + 16.9%
Median Sales Price* $285,000 $307,900 + 8.0% $265,500 $294,000 + 10.7%
Average Sales Price* $290,399 $332,125 + 14.4% $287,549 $318,517 + 10.8%
Percent of Original List Price Received* 96.1% 98.1% + 2.1% 97.1% 98.0% + 0.9%
List to Close 86 94 + 9.3% 90 91 + 1.1%
Days on Market Until Sale 38 38 0.0% 41 37 - 9.8%
Cumulative Days on Market Until Sale 47 51 + 8.5% 50 45 - 10.0%
Inventory of Homes for Sale 375 321 - 14.4% -- -- --
Months Supply of Inventory 3.0 2.2 - 26.7% -- -- --
* 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 —
Huntersville —
Current as of October 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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September
HuntersvilleNorth Carolina
September 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 1-2017
Median Sales Price
1,598 1,744
New Listings
145 149
Closed Sales
135153
New Listings+ 13.3% + 2.8% + 9.1%
1,1471,341
Closed Sales
2016 2017
+ 16.9%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 79 71 - 10.1% 673 717 + 6.5%
Pending Sales 39 67 + 71.8% 543 611 + 12.5%
Closed Sales 66 61 - 7.6% 526 579 + 10.1%
Median Sales Price* $131,000 $140,000 + 6.9% $126,635 $133,500 + 5.4%
Average Sales Price* $154,055 $155,864 + 1.2% $143,117 $146,975 + 2.7%
Percent of Original List Price Received* 95.1% 94.6% - 0.5% 94.3% 95.9% + 1.7%
List to Close 112 86 - 23.2% 115 92 - 20.0%
Days on Market Until Sale 59 37 - 37.3% 65 48 - 26.2%
Cumulative Days on Market Until Sale 85 48 - 43.5% 78 55 - 29.5%
Inventory of Homes for Sale 186 126 - 32.3% -- -- --
Months Supply of Inventory 3.3 2.0 - 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.
Entire CarolinaMLS Area —
Kannapolis —
Current as of October 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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September
KannapolisNorth Carolina
September Year to Date
Year to Date
$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
673 717
New Listings
66 61
Closed Sales
7971
New Listings- 10.1% - 7.6% + 6.5%
526579
Closed Sales
2016 2017
+ 10.1%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 43 33 - 23.3% 410 437 + 6.6%
Pending Sales 42 40 - 4.8% 327 351 + 7.3%
Closed Sales 32 40 + 25.0% 292 313 + 7.2%
Median Sales Price* $149,900 $166,750 + 11.2% $137,500 $157,450 + 14.5%
Average Sales Price* $147,654 $193,948 + 31.4% $152,019 $174,203 + 14.6%
Percent of Original List Price Received* 94.0% 95.5% + 1.6% 92.8% 95.4% + 2.8%
List to Close 92 100 + 8.7% 134 111 - 17.2%
Days on Market Until Sale 45 49 + 8.9% 79 57 - 27.8%
Cumulative Days on Market Until Sale 57 54 - 5.3% 95 66 - 30.5%
Inventory of Homes for Sale 135 113 - 16.3% -- -- --
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 —
Lincolnton —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
LincolntonNorth Carolina
September Year to Date
Year to Date
$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
410 437
New Listings
3240
Closed Sales
43
33
New Listings- 23.3% + 25.0% + 6.6%
292 313
Closed Sales
2016 2017
+ 7.2%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 84 113 + 34.5% 1,199 1,272 + 6.1%
Pending Sales 91 105 + 15.4% 985 1,001 + 1.6%
Closed Sales 119 111 - 6.7% 923 944 + 2.3%
Median Sales Price* $247,000 $285,000 + 15.4% $255,000 $279,450 + 9.6%
Average Sales Price* $274,899 $334,458 + 21.7% $290,695 $317,207 + 9.1%
Percent of Original List Price Received* 97.3% 96.8% - 0.5% 97.6% 98.0% + 0.4%
List to Close 70 87 + 24.3% 79 81 + 2.5%
Days on Market Until Sale 27 36 + 33.3% 32 34 + 6.3%
Cumulative Days on Market Until Sale 29 57 + 96.6% 41 45 + 9.8%
Inventory of Homes for Sale 239 223 - 6.7% -- -- --
Months Supply of Inventory 2.4 2.2 - 8.3% -- -- --
* 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 —
Matthews —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
MatthewsNorth Carolina
September 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
1,199 1,272
New Listings
119 111
Closed Sales
84
113
New Listings+ 34.5% - 6.7% + 6.1%
923 944
Closed Sales
2016 2017
+ 2.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 113 90 - 20.4% 1,075 908 - 15.5%
Pending Sales 88 81 - 8.0% 913 819 - 10.3%
Closed Sales 107 95 - 11.2% 862 783 - 9.2%
Median Sales Price* $170,000 $187,500 + 10.3% $172,000 $187,000 + 8.7%
Average Sales Price* $185,003 $210,857 + 14.0% $186,403 $207,224 + 11.2%
Percent of Original List Price Received* 96.9% 97.3% + 0.4% 96.3% 97.0% + 0.7%
List to Close 110 77 - 30.0% 108 88 - 18.5%
Days on Market Until Sale 54 32 - 40.7% 55 42 - 23.6%
Cumulative Days on Market Until Sale 57 39 - 31.6% 61 51 - 16.4%
Inventory of Homes for Sale 259 168 - 35.1% -- -- --
Months Supply of Inventory 2.8 2.0 - 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 —
Monroe —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
MonroeNorth Carolina
September Year to Date
Year to Date
$120,000
$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
1,075908
New Listings
10795
Closed Sales
113
90
New Listings- 20.4% - 11.2% - 15.5%
862783
Closed Sales
2016 2017
- 9.2%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 225 228 + 1.3% 2,049 2,252 + 9.9%
Pending Sales 153 190 + 24.2% 1,488 1,601 + 7.6%
Closed Sales 183 188 + 2.7% 1,384 1,471 + 6.3%
Median Sales Price* $265,000 $293,750 + 10.8% $262,750 $286,153 + 8.9%
Average Sales Price* $348,976 $414,224 + 18.7% $353,223 $369,057 + 4.5%
Percent of Original List Price Received* 94.6% 95.5% + 1.0% 95.2% 96.1% + 0.9%
List to Close 111 106 - 4.5% 123 116 - 5.7%
Days on Market Until Sale 63 55 - 12.7% 71 65 - 8.5%
Cumulative Days on Market Until Sale 75 80 + 6.7% 84 80 - 4.8%
Inventory of Homes for Sale 730 686 - 6.0% -- -- --
Months Supply of Inventory 4.8 4.2 - 12.5% -- -- --
* 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 —
Mooresville —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
MooresvilleNorth Carolina
September 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 1-2017
Median Sales Price
2,0492,252
New Listings
183 188
Closed Sales
225 228
New Listings+ 1.3% + 2.7% + 9.9%
1,384 1,471
Closed Sales
2016 2017
+ 6.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 106 75 - 29.2% 832 832 0.0%
Pending Sales 72 59 - 18.1% 640 640 0.0%
Closed Sales 71 52 - 26.8% 605 608 + 0.5%
Median Sales Price* $125,900 $138,450 + 10.0% $136,950 $141,450 + 3.3%
Average Sales Price* $146,989 $154,970 + 5.4% $148,394 $153,226 + 3.3%
Percent of Original List Price Received* 93.2% 93.5% + 0.3% 92.3% 92.8% + 0.5%
List to Close 125 100 - 20.0% 138 125 - 9.4%
Days on Market Until Sale 73 51 - 30.1% 88 79 - 10.2%
Cumulative Days on Market Until Sale 90 73 - 18.9% 112 95 - 15.2%
Inventory of Homes for Sale 331 297 - 10.3% -- -- --
Months Supply of Inventory 5.1 4.4 - 13.7% -- -- --
* 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 —
Salisbury —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
SalisburyNorth Carolina
September Year to Date
Year to Date
$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
832 832
New Listings
71
52
Closed Sales
106
75
New Listings- 29.2% - 26.8% 0.0%
605 608
Closed Sales
2016 2017
+ 0.5%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 95 101 + 6.3% 892 921 + 3.3%
Pending Sales 78 83 + 6.4% 697 688 - 1.3%
Closed Sales 79 69 - 12.7% 660 625 - 5.3%
Median Sales Price* $137,700 $165,240 + 20.0% $144,000 $154,200 + 7.1%
Average Sales Price* $155,032 $167,047 + 7.8% $162,463 $168,822 + 3.9%
Percent of Original List Price Received* 94.4% 94.5% + 0.1% 93.5% 94.4% + 1.0%
List to Close 120 110 - 8.3% 138 112 - 18.8%
Days on Market Until Sale 64 56 - 12.5% 87 65 - 25.3%
Cumulative Days on Market Until Sale 69 67 - 2.9% 106 78 - 26.4%
Inventory of Homes for Sale 321 296 - 7.8% -- -- --
Months Supply of Inventory 4.5 4.0 - 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 —
Statesville —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
StatesvilleNorth Carolina
September Year to Date
Year to Date
$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
892 921
New Listings
7969
Closed Sales
95 101
New Listings+ 6.3% - 12.7% + 3.3%
660 625
Closed Sales
2016 2017
- 5.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 103 142 + 37.9% 1,298 1,439 + 10.9%
Pending Sales 74 111 + 50.0% 942 1,053 + 11.8%
Closed Sales 103 95 - 7.8% 866 974 + 12.5%
Median Sales Price* $395,000 $359,500 - 9.0% $389,900 $389,900 0.0%
Average Sales Price* $429,510 $432,627 + 0.7% $434,550 $446,460 + 2.7%
Percent of Original List Price Received* 96.1% 96.4% + 0.3% 96.7% 96.6% - 0.1%
List to Close 109 90 - 17.4% 118 111 - 5.9%
Days on Market Until Sale 50 43 - 14.0% 58 57 - 1.7%
Cumulative Days on Market Until Sale 48 75 + 56.3% 72 75 + 4.2%
Inventory of Homes for Sale 387 365 - 5.7% -- -- --
Months Supply of Inventory 4.1 3.4 - 17.1% -- -- --
* 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 —
Waxhaw —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
WaxhawNorth Carolina
September 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 1-2017
Median Sales Price
1,2981,439
New Listings
103 95
Closed Sales
103
142
New Listings+ 37.9% - 7.8% + 10.9%
866974
Closed Sales
2016 2017
+ 12.5%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 250 243 - 2.8% 2,574 2,724 + 5.8%
Pending Sales 187 206 + 10.2% 1,657 1,884 + 13.7%
Closed Sales 208 216 + 3.8% 1,538 1,740 + 13.1%
Median Sales Price* $354,717 $402,500 + 13.5% $366,123 $379,750 + 3.7%
Average Sales Price* $446,526 $515,702 + 15.5% $477,949 $478,867 + 0.2%
Percent of Original List Price Received* 93.9% 95.1% + 1.3% 95.0% 95.3% + 0.3%
List to Close 131 134 + 2.3% 137 133 - 2.9%
Days on Market Until Sale 79 75 - 5.1% 82 77 - 6.1%
Cumulative Days on Market Until Sale 97 93 - 4.1% 104 94 - 9.6%
Inventory of Homes for Sale 1,070 941 - 12.1% -- -- --
Months Supply of Inventory 6.4 5.0 - 21.9% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Entire CarolinaMLS Area —
Lake Norman —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Lake NormanNorth Carolina
September 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 1-2017
Median Sales Price
2,574 2,724
New Listings
208 216
Closed Sales
250 243
New Listings- 2.8% + 3.8% + 5.8%
1,5381,740
Closed Sales
2016 2017
+ 13.1%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 102 132 + 29.4% 1,151 1,253 + 8.9%
Pending Sales 92 100 + 8.7% 882 920 + 4.3%
Closed Sales 99 98 - 1.0% 821 841 + 2.4%
Median Sales Price* $337,000 $354,250 + 5.1% $330,000 $329,945 - 0.0%
Average Sales Price* $356,038 $392,650 + 10.3% $364,127 $378,485 + 3.9%
Percent of Original List Price Received* 95.5% 96.5% + 1.0% 96.2% 97.2% + 1.0%
List to Close 129 113 - 12.4% 131 121 - 7.6%
Days on Market Until Sale 73 59 - 19.2% 76 61 - 19.7%
Cumulative Days on Market Until Sale 88 76 - 13.6% 93 78 - 16.1%
Inventory of Homes for Sale 386 369 - 4.4% -- -- --
Months Supply of Inventory 4.3 4.0 - 7.0% -- -- --
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Entire CarolinaMLS Area —
Lake Wylie —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Lake WylieNorth Carolina
September Year to Date
Year to Date
$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
1,151 1,253
New Listings
99 98
Closed Sales
102
132
New Listings+ 29.4% - 1.0% + 8.9%
821 841
Closed Sales
2016 2017
+ 2.4%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 43 43 0.0% 390 436 + 11.8%
Pending Sales 20 39 + 95.0% 291 362 + 24.4%
Closed Sales 38 38 0.0% 281 346 + 23.1%
Median Sales Price* $249,500 $287,000 + 15.0% $255,500 $278,450 + 9.0%
Average Sales Price* $298,795 $354,840 + 18.8% $299,657 $319,775 + 6.7%
Percent of Original List Price Received* 96.8% 95.7% - 1.1% 96.5% 96.5% 0.0%
List to Close 84 98 + 16.7% 95 101 + 6.3%
Days on Market Until Sale 42 58 + 38.1% 52 52 0.0%
Cumulative Days on Market Until Sale 45 74 + 64.4% 62 60 - 3.2%
Inventory of Homes for Sale 108 83 - 23.1% -- -- --
Months Supply of Inventory 3.6 2.4 - 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 —
Uptown Charlotte —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Uptown CharlotteNorth Carolina
September 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 1-2017
Median Sales Price
390436
New Listings
38 38
Closed Sales
43 43
New Listings0.0% 0.0% + 11.8%
281346
Closed Sales
2016 2017
+ 23.1%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 149 211 + 41.6% 1,380 1,705 + 23.6%
Pending Sales 115 155 + 34.8% 1,116 1,266 + 13.4%
Closed Sales 115 120 + 4.3% 1,037 1,170 + 12.8%
Median Sales Price* $255,000 $273,450 + 7.2% $260,000 $264,900 + 1.9%
Average Sales Price* $266,193 $267,495 + 0.5% $266,977 $267,271 + 0.1%
Percent of Original List Price Received* 96.2% 95.6% - 0.6% 96.4% 96.6% + 0.2%
List to Close 110 107 - 2.7% 115 107 - 7.0%
Days on Market Until Sale 58 58 0.0% 63 56 - 11.1%
Cumulative Days on Market Until Sale 67 65 - 3.0% 73 68 - 6.8%
Inventory of Homes for Sale 374 468 + 25.1% -- -- --
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.
Entire CarolinaMLS Area —
Lancaster County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Lancaster CountySouth Carolina
September 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
1,3801,705
New Listings
115 120
Closed Sales
149
211
New Listings+ 41.6% + 4.3% + 23.6%
1,0371,170
Closed Sales
2016 2017
+ 12.8%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 425 425 0.0% 4,513 4,607 + 2.1%
Pending Sales 354 385 + 8.8% 3,703 3,851 + 4.0%
Closed Sales 449 406 - 9.6% 3,530 3,626 + 2.7%
Median Sales Price* $225,000 $239,670 + 6.5% $225,000 $243,000 + 8.0%
Average Sales Price* $249,610 $272,339 + 9.1% $252,017 $270,805 + 7.5%
Percent of Original List Price Received* 96.5% 97.0% + 0.5% 97.0% 97.1% + 0.1%
List to Close 91 87 - 4.4% 104 99 - 4.8%
Days on Market Until Sale 39 37 - 5.1% 52 45 - 13.5%
Cumulative Days on Market Until Sale 47 43 - 8.5% 60 54 - 10.0%
Inventory of Homes for Sale 1,144 906 - 20.8% -- -- --
Months Supply of Inventory 3.0 2.3 - 23.3% -- -- --
* 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 —
York County —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
York CountySouth Carolina
September 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 1-2017
Median Sales Price
4,513 4,607
New Listings
449406
Closed Sales
425 425
New Listings0.0% - 9.6% + 2.1%
3,530 3,626
Closed Sales
2016 2017
+ 2.7%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 153 155 + 1.3% 1,569 1,602 + 2.1%
Pending Sales 126 114 - 9.5% 1,280 1,273 - 0.5%
Closed Sales 156 145 - 7.1% 1,183 1,222 + 3.3%
Median Sales Price* $290,000 $274,900 - 5.2% $285,000 $295,000 + 3.5%
Average Sales Price* $294,846 $321,561 + 9.1% $310,211 $327,297 + 5.5%
Percent of Original List Price Received* 96.9% 97.0% + 0.1% 97.6% 97.4% - 0.2%
List to Close 97 97 0.0% 100 100 0.0%
Days on Market Until Sale 44 48 + 9.1% 47 49 + 4.3%
Cumulative Days on Market Until Sale 51 56 + 9.8% 55 56 + 1.8%
Inventory of Homes for Sale 345 338 - 2.0% -- -- --
Months Supply of Inventory 2.7 2.6 - 3.7% -- -- --
* 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 —
Fort Mill —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Fort MillSouth Carolina
September 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 1-2017
Median Sales Price
1,569 1,602
New Listings
156 145
Closed Sales
153 155
New Listings+ 1.3% - 7.1% + 2.1%
1,183 1,222
Closed Sales
2016 2017
+ 3.3%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 141 145 + 2.8% 1,545 1,579 + 2.2%
Pending Sales 109 156 + 43.1% 1,288 1,381 + 7.2%
Closed Sales 154 141 - 8.4% 1,265 1,275 + 0.8%
Median Sales Price* $172,000 $194,900 + 13.3% $169,900 $185,000 + 8.9%
Average Sales Price* $187,949 $218,317 + 16.2% $191,071 $202,255 + 5.9%
Percent of Original List Price Received* 97.0% 97.3% + 0.3% 97.2% 97.1% - 0.1%
List to Close 73 82 + 12.3% 95 89 - 6.3%
Days on Market Until Sale 26 30 + 15.4% 43 38 - 11.6%
Cumulative Days on Market Until Sale 29 38 + 31.0% 50 47 - 6.0%
Inventory of Homes for Sale 390 244 - 37.4% -- -- --
Months Supply of Inventory 3.0 1.7 - 43.3% -- -- --
* 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 —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Rock HillSouth Carolina
September Year to Date
Year to Date
$120,000
$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
1,545 1,579
New Listings
154 141
Closed Sales
141 145
New Listings+ 2.8% - 8.4% + 2.2%
1,265 1,275
Closed Sales
2016 2017
+ 0.8%
Rolling 12-Month Calculation
Local Market Update for September 2017
Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change
New Listings 3,877 3,993 + 3.0% 38,749 40,740 + 5.1%
Pending Sales 3,079 3,560 + 15.6% 31,427 33,563 + 6.8%
Closed Sales 3,576 3,415 - 4.5% 29,666 31,517 + 6.2%
Median Sales Price* $210,000 $226,500 + 7.9% $210,000 $230,000 + 9.5%
Average Sales Price* $259,086 $270,959 + 4.6% $260,441 $276,600 + 6.2%
Percent of Original List Price Received* 96.7% 97.2% + 0.5% 96.7% 97.5% + 0.8%
List to Close 95 86 - 9.5% 103 93 - 9.7%
Days on Market Until Sale 42 35 - 16.7% 49 40 - 18.4%
Cumulative Days on Market Until Sale 49 43 - 12.2% 59 49 - 16.9%
Inventory of Homes for Sale 9,316 7,641 - 18.0% -- -- --
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.
Entire CarolinaMLS Area —
Charlotte MSA —
Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.
A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®
September
Charlotte MSANorth Carolina
September Year to Date
Year to Date
$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
38,749 40,740
New Listings
3,576 3,415
Closed Sales
3,877 3,993
New Listings+ 3.0% - 4.5% + 5.1%
29,666 31,517
Closed Sales
2016 2017
+ 6.2%
Rolling 12-Month Calculation