4
20.3% 20.4% 17.1% 20.9% 21.3% under 100,000 100,001-150,000 150,001 - 200,000 200,001 - 300,000 300,001+ 21.7% 18.0% 13.9% 18.4% 28.0% under 100,000 100,001-150,000 150,001 - 200,000 200,001 - 300,000 300,001+ 2338 2160 2043 2618 2915 3401 3484 3527 3392 2825 2831 2619 2636 0 500 1000 1500 2000 2500 3000 3500 4000 Dec 12 Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sept 13 Oct 13 Nov 13 Dec 13 ON MOVE the Market Activity and Trends for Charlotte & Surrounding Counties January 2014 Residenal Closings - Enre MLS December 2012 - December 2013 Monthly Market Snapshot Change in closed sales Pending Sales Change in New Listings Average Sales Price Total Active Listings Average Days List to Close Months Supply of Homes for Sale +12.8% 2,636 +4.3% 2,505 -13.0% 136 +10.9% 2,133 -7.5% 13,918 +9.1% $224,128 -21.1% 4.8 Current Acve Lisngs - By Price Range 12 Month Count– Pending Sales by Price Range *As of january 7, 2014 *As of January 7, 2014 Total Acve Lisngs =13,918 Total Pending Sales =34,858 Percentages as Reported in the CRRA Housing Supply Overview. Based on 1 Month of Activity. Percentages as reported in the CRRA Housing Supply Overview. Based on a rolling 12-month average. www.helenadamsrealty.com $205,535 ASP $188,783 ASP $194,708 ASP $216,329 ASP $217,190 ASP $232,649 ASP $239,789 ASP $232,851 ASP $237,635 ASP $220,866 ASP $210,278 ASP $223,725 ASP $224,128 ASP (1) (1) Data Represents change in data since this time last year. (2) Data Represents the most recent month’s data for CMLS. (2)

On The Move January 2014

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: On The Move January 2014

20.3%

20.4%

17.1%

20.9%

21.3%under 100,000

100,001-150,000

150,001 - 200,000

200,001 - 300,000

300,001+

21.7%

18.0%

13.9%

18.4%

28.0%under 100,000

100,001-150,000

150,001 - 200,000

200,001 - 300,000

300,001+

23382160

2043

2618

2915

34013484 3527 3392

2825 28312619 2636

0

500

1000

1500

2000

2500

3000

3500

4000

Dec 12 Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sept 13 Oct 13 Nov 13 Dec 13

ON MOVEtheMarket Activity and Trends for Charlotte & Surrounding Counties

January 2014

Residential Closings - Entire MLS December 2012 - December 2013

Monthly Market Snapshot

Change in closed sales

PendingSales

Change inNew Listings

AverageSales Price

Total Active Listings

Average DaysList to Close

Months Supply of Homes for Sale

+12.8%

2,636

+4.3%

2,505

-13.0%

136

+10.9%

2,133

-7.5%

13,918

+9.1%

$224,128

-21.1%

4.8

Current Active Listings - By Price Range 12 Month Count– Pending Sales by Price Range

*As of january 7, 2014 *As of January 7, 2014Total Active Listings =13,918 Total Pending Sales =34,858Percentages as Reported in the CRRA Housing Supply Overview. Based on 1 Month of Activity. Percentages as reported in the CRRA Housing Supply Overview. Based on a rolling 12-month average.

www.helenadamsrealty.com

$205,535ASP $188,783

ASP $194,708ASP

$216,329ASP

$217,190ASP

$232,649ASP

$239,789ASP

$232,851ASP

$237,635ASP

$220,866ASP

$210,278ASP $223,725

ASP$224,128

ASP

(1)

(1) Data Represents change in data since this time last year. (2) Data Represents the most recent month’s data for CMLS.

(2)

Page 2: On The Move January 2014

Page 2 Volume 7, Issue 1

Pending Sales by Price Range

Pending Sales by Bedroom Count

Pending Sales by Property Type

On The Move - Helen Adams Realty

Closed Units By AreaDecember 2013 - By MLS Area

Percent of Original List Price Received

Residential Single Family, Townhomes & Condos

12-201292.3%

12-201393.2%

+/-+1.0%

Pending Sales Quick Facts+28.3%

Price Range withStrongest Sales:$200,001 to

$300,000

# BedroomsStrongest Sales

2 Bedrooms or less

Property TypeStrongest Sales:

Condos

+25.1%+22.2%

MLS Area Units Closed

1 Year% Change

Average Sales Price

Charlotte- Gastonia- Rockhill 2113 +15.5 $227,311

All of Mecklenburg County 1169 +6.2 $244,011

01- Mecklenburg County (N) 187 -6.5 $189,266

02- Mecklenburg County (E) 132 -2.2 $143,252

03- Mecklenburg County (SE) 71 -30.4 $174,367

04- Mecklenburg County (SSE) 116 +28.9 $287,914

05- Mecklenburg County (S) 220 +10.6 $412,704

06- Mecklenburg County (SSW) 105 +40.0 $216,705

07- Mecklenburg County (SW) 88 -4.4 $180,848

08- Mecklenburg County (W) 64 +28.0 $105,885

09- Mecklenburg County (NW) 105 +29.6 $175,892

10- Union County 302 +31.9 $270,325

11- Cabarrus County 227 +26.8 $181,051

12- Iredell County 172 +4.9 $267,059

13- Lake Norman 112 +5.7 $469,886

14- Lincoln County 67 -14.1 $209,93515- Lake Wylie 32 -3.0 $371,78716- Gaston County 194 +31.1 $138,37117- York County, SC 214 +27.4 $210,45699- Uptown Charlotte 16 +0.0 $208,824TOTAl (for all CMLS Area) 2636 +12.8 $224,128

Data Courtsey of MLS & 10K Research and Marketing

Page 3: On The Move January 2014

Page 3Volume 7, Issue 1 On The Move - Helen Adams Realty

Pending Contracts

New Listings

Average Residential Sales Price

30 year Fixed Mortgage Rates

Data Provided by CRRA - Monthly Indicators Report

Data Provided by CRRA - Monthly Indicators Report

Data Provided by CRRA - Monthly Indicators Report

Source: Freddie Mac: www.freddiemac.com

www.helenadamsrealty.com

21332746

29892822

30793596

32593633

35873399

27862618

1941

0 500 1000 1500 2000 2500 3000 3500 4000

Dec. 13Nov. 13Oct. 13

Sept. 13Aug. 13

Jul.13Jun.13

May.13Apr.13

Mar.13Feb.13Jan.13Dec.12

$224,128 $223,725

$210,278 $220,866

$237,635 $232,851

$239,789 $232,649

$217,190 $216,329

$194,708 $188,783

$205,535

$- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000

Dec. 13Nov. 13Oct. 13Sept.13Aug. 13

Jul. 13Jun. 13

May. 13Apr. 13

Mar. 13Feb. 13Jan. 13Dec. 12

25053341

41604102

45304843

461151705172

49434302

39182393

0 1000 2000 3000 4000 5000 6000

Dec. 13Nov. 13Oct. 13

Sept. 13Aug. 13

Jul. 13Jun. 13

May. 13Apr. 13

Mar. 13Feb. 13Jan. 13Dec. 12

3.353.41

3.533.57

3.453.54

4.07

4.374.46 4.49

4.19 4.26

4.46

3

3.2

3.4

3.6

3.8

4

4.2

4.4

4.6

Dec.12 Jan.13 Feb.13 Mar.13 Apr.13 May.13 Jun.13 Jul.13 Aug. 13 Sept.13 Oct.13 Nov. 13 Dec. 13

Page 4: On The Move January 2014

Page 4 Volume 7, Issue 1On The Move - Helen Adams Realty

December 2013 Home Market OverviewMarket Climbs in 2013, Hoping for More in 2014!

In its entirety, 2013 proved to be a good year for housing. Home sales and prices were broadly higher across the nation, while foreclosure loads, the number of homes for sale and the number of days it took to sell a home were all much lower. Multiple-offer situations became commonplace again and prices in many areas rallied to multi-year highs. This, of course, varied by location and segment, but the proverbial glass appeared to be more than half full throughout the year.

New Listings in the Charlotte region increased 4.3 percent to 2,505. Pending Sales were up 10.9 percent to 2,133. Inventory levels shrank 7.5 percent to 13,918 units. Prices marched higher. The Median Sales Price increased 8.7 percent to $172,500. List to Close was down 13.0 percent to 136 days. Absorption rates improved as Months Supply of Inventory was down 21.1 percent to 4.8 months.Housing is fortified by confident consumers and good jobs. The year 2013

was marked by a slowly improving labor market stunted by political gridlock, and the Federal Reserve’s long-awaited taper announcement was not surprising. Interest rates remain low (but upwardly mobile), prices are still affordable, the employment picture looks decent and the stock market is up nearly 30.0 percent from this time last year. It’s no wonder that buyers were active in 2013. Here’s to more of the same in 2014.

RANDOLPH ROAD2301 Randolph Road, Charlotte, NC 28207

BALLANTYNE15235-J John J Delaney Dr., Charlotte, NC 28277

LAKE NORMAN8600 Sam Furr Road Ste. 150, Huntersville, NC 28078

Reprinted from December 2013 Monthly Indicators