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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 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 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 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