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A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION
For Week Ending January 2, 2016 Quick Facts
Data current as of January 11, 2016
- 27.6% + 5.3%
Metrics by Week
2
3
4
Metrics by Month
5
6
7
8
9
10
11
12
Percent of Original List Price Received
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 1
Housing Affordability Index
List to Close
Days on Market Until Sale
Median Sales Price
Average Sales Price
Optimism is in the air as we turn to face a new calendar year. As far as
residential real estate goes, there is plenty to feel positive about. Buying and
selling activity continued through the final months of 2015, and there's little
reason to believe that trend will slow down during the first month of 2016. If
anything, the past few years have indicated a tendency for listings and sales to
increase in January.
In the Charlotte region, for the week ending January 2:
• New Listings decreased 27.6% to 396
• Pending Sales increased 5.3% to 440
• Inventory decreased 20.8% to 11,403
For the month of December:
• Median Sales Price increased 2.8% to $190,000
• List to Close decreased 7.0% to 119
• Percent of Original List Price Received increased 1.4% to 95.1%
• Months Supply of Inventory decreased 32.6% to 3.1
Months Supply of Inventory
Cumulative Days on Market Until Sale
Weekly Market
Activity Report
New Listings
Pending Sales
Inventory of Homes for Sale
- 20.8%
Change in
New Listings
Change in
Pending Sales
Change in
Inventory
FOR MORE INFORMATION CONTACT A REALTOR®
New Listings
A count of the properties that have been newly listed on the market in a given week.
For the
Week Ending
Current
Activity
One Year
Ago
+ / –
10/10/2015 898 955 - 6.0%
10/17/2015 942 869 + 8.4%
10/24/2015 823 903 - 8.9%
10/31/2015 840 884 - 5.0%
11/7/2015 818 898 - 8.9%
11/14/2015 786 869 - 9.6%
11/21/2015 791 796 - 0.6%
11/28/2015 496 501 - 1.0%
12/5/2015 709 787 - 9.9%
12/12/2015 671 718 - 6.5%
12/19/2015 557 645 - 13.6%
12/26/2015 343 319 + 7.5%
1/2/2016 396 547 - 27.6%
3-Month Total 9,070 9,691 - 6.4%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 2
300
400
500
600
700
800
900
1,000
1,100
10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16
Last Three Months Current Activity One Year Ago
100
300
500
700
900
1,100
1,300
1,500
1,700
1,900
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical New Listing Activity
Pending Sales
For the
Week Ending
Current
Activity
One Year
Ago
+ / –
10/10/2015 689 622 + 10.8%
10/17/2015 721 675 + 6.8%
10/24/2015 738 655 + 12.7%
10/31/2015 738 644 + 14.6%
11/7/2015 724 638 + 13.5%
11/14/2015 681 696 - 2.2%
11/21/2015 674 632 + 6.6%
11/28/2015 508 463 + 9.7%
12/5/2015 643 524 + 22.7%
12/12/2015 671 584 + 14.9%
12/19/2015 586 571 + 2.6%
12/26/2015 414 349 + 18.6%
1/2/2016 440 418 + 5.3%
3-Month Total 8,227 7,471 + 10.1%
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 3
A count of the properties on which contracts have been accepted in a given week. Pending contracts include “Under Contract-Show” and
“Under Contract-No Show” statuses.
Note: CarolinaMLS did not include “showable” under contract listings in the “Pending Sales” stats before July 2012. Listing agents report listings as “Under Contract-Show” earlier in the transaction. As a result, the new “Pending Sales” stats trend higher and the new
“Months Supply of Inventory” stats trend lower since July 2012. | Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
300
400
500
600
700
800
900
10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16
Last Three Months Current Activity One Year Ago
100
300
500
700
900
1,100
1,300
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Pending Sales Activity
Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given week.
For the
Week Ending
Current
Activity
One Year
Ago
+ / –
10/10/2015 13,874 16,305 - 14.9%
10/17/2015 13,898 16,243 - 14.4%
10/24/2015 13,768 16,162 - 14.8%
10/31/2015 13,601 16,105 - 15.5%
11/7/2015 13,194 15,751 - 16.2%
11/14/2015 13,033 15,669 - 16.8%
11/21/2015 12,843 15,497 - 17.1%
11/28/2015 12,686 15,356 - 17.4%
12/5/2015 12,346 15,027 - 17.8%
12/12/2015 12,137 14,911 - 18.6%
12/19/2015 11,874 14,760 - 19.6%
12/26/2015 11,592 14,578 - 20.5%
1/2/2016 11,403 14,405 - 20.8%
3-Month Avg 12,788 15,444 - 17.2%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 4
11,000
12,000
13,000
14,000
15,000
16,000
17,000
10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16
Last Three Months Current Activity One Year Ago
11,000
13,000
15,000
17,000
19,000
21,000
23,000
25,000
27,000
29,000
31,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Inventory Activity
List to Close
“List to Close” provides the total number of days specific to the MLS number from “Listing Date” to “Sold Date.”
December Month
Current
Activity
One Year
Previous
+ / –
January 131 136 - 3.7%
February 131 136 - 3.7%
March 129 129 0.0%
April 118 132 - 10.6%
May 116 120 - 3.3%
June 113 119 - 5.0%
July 107 119 - 10.1%
August 108 119 - 9.2%
September 112 124 - 9.7%
October 113 122 - 7.4%
November 115 124 - 7.3%
December 119 128 - 7.0%
12-Month Avg 65 84 - 22.6%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 5
100
110
120
130
140
150
160
170
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical List to Close
129 128
119
2013 2014 2015
- 7.0%- 0.8%
Days on Market
Month
Current
Activity
One Year
Previous
+/-
January 77 103 - 25.2%
February 80 102 - 21.6%
March 78 100 - 22.0%
April 69 100 - 31.0%
May 67 80 - 16.3%
June 61 71 - 14.1%
July 58 69 - 15.9%
August 59 70 - 15.7%
September 61 73 - 16.4%
October 62 71 - 12.7%
November 61 71 - 14.1%
December 63 76 - 16.5%
12-Month Avg 65 84 - 22.6%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 6
December
Days on Market (“DOM”) tracks the days on market for a property specific to the MLS number. “DOM” accrues for “Active” and “Under Contract-Show” statuses.
“DOM” does not include any days that the listing is in “Under Contract-No Show,” “Temporarily off Market,” “Closed/Sold,” “Expired” and “Withdrawn” statuses.
40
50
60
70
80
90
100
110
120
130
140
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Days on Market
99
76
63
2013 2014 2015
- 16.5%- 23.2%
Cumulative Days on Market
Month
Current
Activity
One Year
Previous
+/-
January 92 118 - 22.0%
February 98 117 - 16.2%
March 96 118 - 18.6%
April 85 127 - 33.1%
May 81 106 - 23.6%
June 73 92 - 20.7%
July 69 85 - 18.8%
August 71 86 - 17.4%
September 72 85 - 15.3%
October 73 86 - 15.1%
November 71 85 - 16.5%
December 74 92 - 19.3%
12-Month Avg 78 84 - 7.1%
December
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 7
Cumulative Days on Market (“CDOM”) functions like “DOM”; however, “CDOM” tracks the days on market for a property over multiple listings on the property. When a new listing is
entered, the “CDOM” only resets to zero if the previous listing closed (as in sold), or if the previous listing has been off market (expired or withdrawn) for more than 90 days.
50
70
90
110
130
150
170
190
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Cumulative Days on Market
115
92
74
2013 2014 2015
- 19.3%- 20.0%
Median Sales Price
Median price point for all closed sales, not accounting for seller concessions, in a given month.
December Month
Current
Activity
One Year
Previous
+ / –
January $166,500 $165,000 + 0.9%
February $178,000 $165,000 + 7.9%
March $191,000 $175,000 + 9.1%
April $190,000 $176,775 + 7.5%
May $200,000 $187,000 + 7.0%
June $208,163 $197,000 + 5.7%
July $200,000 $191,750 + 4.3%
August $199,000 $185,000 + 7.6%
September $189,000 $180,000 + 5.0%
October $185,000 $178,100 + 3.9%
November $195,000 $180,000 + 8.3%
December $190,000 $184,900 + 2.8%
12-Month Avg $192,500 $180,000 + 6.9%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 8
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Median Sales Price
$175,000
$184,900 $190,000
2013 2014 2015
+ 2.8%+ 5.7%
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
December Month
Current
Activity
One Year
Previous
+ / –
January $214,166 $214,806 - 0.3%
February $221,690 $208,380 + 6.4%
March $240,711 $217,275 + 10.8%
April $237,241 $224,519 + 5.7%
May $249,583 $235,936 + 5.8%
June $259,117 $258,515 + 0.2%
July $252,901 $242,068 + 4.5%
August $246,217 $240,061 + 2.6%
September $239,273 $226,990 + 5.4%
October $238,311 $227,689 + 4.7%
November $239,258 $227,444 + 5.2%
December $239,107 $233,242 + 2.5%
12-Month Avg $242,003 $230,830 + 4.8%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 9
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
$230,000
$240,000
$250,000
$260,000
$270,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Average Sales Price
$228,338 $233,242 $239,107
2013 2014 2015
+ 2.5%+ 2.1%
Percent of Original List Price Received
December Month
Current
Activity
One Year
Previous
+ / –
January 93.3% 93.3% 0.0%
February 93.6% 92.6% + 1.1%
March 94.6% 93.4% + 1.3%
April 95.0% 94.0% + 1.1%
May 95.5% 94.7% + 0.8%
June 95.7% 94.9% + 0.8%
July 95.4% 94.5% + 1.0%
August 95.3% 94.7% + 0.6%
September 95.2% 94.2% + 1.1%
October 94.6% 93.7% + 1.0%
November 95.0% 94.0% + 1.1%
December 95.1% 93.8% + 1.4%
12-Month Avg 95.0% 94.0% + 1.1%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 10
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold
in a given month, not accounting for seller concessions.
86%
88%
90%
92%
94%
96%
98%
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Percent of Original List Price Received
93.2% 93.8% 95.1%
2013 2014 2015
+ 1.4%+ 0.6%
Housing Affordability Index
December Month
Current
Activity
One Year
Previous
+ / –
January 187 175 + 6.8%
February 175 177 - 1.4%
March 161 168 - 4.0%
April 163 165 - 0.9%
May 156 160 - 2.9%
June 147 152 - 3.4%
July 151 156 - 3.4%
August 152 162 - 6.1%
September 162 165 - 1.8%
October 166 170 - 2.5%
November 156 168 - 7.1%
December 146 165 - 11.4%
12-Month Avg 160 165 - 3.1%
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 11
This index measures housing affordability for the region. An index of 120 means the median household income was 120%
of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
120
140
160
180
200
220
240
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Housing Affordability Index
179
165
146
2013 2014 2015
- 11.4%- 7.8%
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
December Month
Current
Activity
One Year
Previous
+ / –
January 4.4 5.3 - 17.0%
February 4.3 5.4 - 20.4%
March 4.4 5.6 - 21.4%
April 4.4 5.9 - 25.4%
May 4.4 6.1 - 27.9%
June 4.3 6.0 - 28.3%
July 4.3 5.9 - 27.1%
August 4.2 5.7 - 26.3%
September 4.1 5.5 - 25.5%
October 3.9 5.3 - 26.4%
November 3.6 5.0 - 28.0%
December 3.1 4.5 - 32.6%
12-Month Avg 4.1 5.6 - 26.8%
All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 12
Note: CarolinaMLS did not include “showable” under contract listings in the “Pending Sales” stats before July 2012. Listing agents report listings as “Under Contract-Show” earlier in the transaction. As a result, the new “Pending Sales” stats trend higher and the new
“Months Supply of Inventory” stats trend lower since July 2012. | Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016.
0
5
10
15
20
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Months Supply of Inventory
5.2
4.5
3.1
2013 2014 2015
- 32.6%- 13.5%

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Weekly Market Activity Report

  • 1. A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION For Week Ending January 2, 2016 Quick Facts Data current as of January 11, 2016 - 27.6% + 5.3% Metrics by Week 2 3 4 Metrics by Month 5 6 7 8 9 10 11 12 Percent of Original List Price Received Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 1 Housing Affordability Index List to Close Days on Market Until Sale Median Sales Price Average Sales Price Optimism is in the air as we turn to face a new calendar year. As far as residential real estate goes, there is plenty to feel positive about. Buying and selling activity continued through the final months of 2015, and there's little reason to believe that trend will slow down during the first month of 2016. If anything, the past few years have indicated a tendency for listings and sales to increase in January. In the Charlotte region, for the week ending January 2: • New Listings decreased 27.6% to 396 • Pending Sales increased 5.3% to 440 • Inventory decreased 20.8% to 11,403 For the month of December: • Median Sales Price increased 2.8% to $190,000 • List to Close decreased 7.0% to 119 • Percent of Original List Price Received increased 1.4% to 95.1% • Months Supply of Inventory decreased 32.6% to 3.1 Months Supply of Inventory Cumulative Days on Market Until Sale Weekly Market Activity Report New Listings Pending Sales Inventory of Homes for Sale - 20.8% Change in New Listings Change in Pending Sales Change in Inventory FOR MORE INFORMATION CONTACT A REALTOR®
  • 2. New Listings A count of the properties that have been newly listed on the market in a given week. For the Week Ending Current Activity One Year Ago + / – 10/10/2015 898 955 - 6.0% 10/17/2015 942 869 + 8.4% 10/24/2015 823 903 - 8.9% 10/31/2015 840 884 - 5.0% 11/7/2015 818 898 - 8.9% 11/14/2015 786 869 - 9.6% 11/21/2015 791 796 - 0.6% 11/28/2015 496 501 - 1.0% 12/5/2015 709 787 - 9.9% 12/12/2015 671 718 - 6.5% 12/19/2015 557 645 - 13.6% 12/26/2015 343 319 + 7.5% 1/2/2016 396 547 - 27.6% 3-Month Total 9,070 9,691 - 6.4% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 2 300 400 500 600 700 800 900 1,000 1,100 10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16 Last Three Months Current Activity One Year Ago 100 300 500 700 900 1,100 1,300 1,500 1,700 1,900 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical New Listing Activity
  • 3. Pending Sales For the Week Ending Current Activity One Year Ago + / – 10/10/2015 689 622 + 10.8% 10/17/2015 721 675 + 6.8% 10/24/2015 738 655 + 12.7% 10/31/2015 738 644 + 14.6% 11/7/2015 724 638 + 13.5% 11/14/2015 681 696 - 2.2% 11/21/2015 674 632 + 6.6% 11/28/2015 508 463 + 9.7% 12/5/2015 643 524 + 22.7% 12/12/2015 671 584 + 14.9% 12/19/2015 586 571 + 2.6% 12/26/2015 414 349 + 18.6% 1/2/2016 440 418 + 5.3% 3-Month Total 8,227 7,471 + 10.1% All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 3 A count of the properties on which contracts have been accepted in a given week. Pending contracts include “Under Contract-Show” and “Under Contract-No Show” statuses. Note: CarolinaMLS did not include “showable” under contract listings in the “Pending Sales” stats before July 2012. Listing agents report listings as “Under Contract-Show” earlier in the transaction. As a result, the new “Pending Sales” stats trend higher and the new “Months Supply of Inventory” stats trend lower since July 2012. | Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. 300 400 500 600 700 800 900 10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16 Last Three Months Current Activity One Year Ago 100 300 500 700 900 1,100 1,300 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Pending Sales Activity
  • 4. Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given week. For the Week Ending Current Activity One Year Ago + / – 10/10/2015 13,874 16,305 - 14.9% 10/17/2015 13,898 16,243 - 14.4% 10/24/2015 13,768 16,162 - 14.8% 10/31/2015 13,601 16,105 - 15.5% 11/7/2015 13,194 15,751 - 16.2% 11/14/2015 13,033 15,669 - 16.8% 11/21/2015 12,843 15,497 - 17.1% 11/28/2015 12,686 15,356 - 17.4% 12/5/2015 12,346 15,027 - 17.8% 12/12/2015 12,137 14,911 - 18.6% 12/19/2015 11,874 14,760 - 19.6% 12/26/2015 11,592 14,578 - 20.5% 1/2/2016 11,403 14,405 - 20.8% 3-Month Avg 12,788 15,444 - 17.2% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 4 11,000 12,000 13,000 14,000 15,000 16,000 17,000 10/10/15 10/17/15 10/24/15 10/31/15 11/7/15 11/14/15 11/21/15 11/28/15 12/5/15 12/12/15 12/19/15 12/26/15 1/2/16 Last Three Months Current Activity One Year Ago 11,000 13,000 15,000 17,000 19,000 21,000 23,000 25,000 27,000 29,000 31,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Inventory Activity
  • 5. List to Close “List to Close” provides the total number of days specific to the MLS number from “Listing Date” to “Sold Date.” December Month Current Activity One Year Previous + / – January 131 136 - 3.7% February 131 136 - 3.7% March 129 129 0.0% April 118 132 - 10.6% May 116 120 - 3.3% June 113 119 - 5.0% July 107 119 - 10.1% August 108 119 - 9.2% September 112 124 - 9.7% October 113 122 - 7.4% November 115 124 - 7.3% December 119 128 - 7.0% 12-Month Avg 65 84 - 22.6% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 5 100 110 120 130 140 150 160 170 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical List to Close 129 128 119 2013 2014 2015 - 7.0%- 0.8%
  • 6. Days on Market Month Current Activity One Year Previous +/- January 77 103 - 25.2% February 80 102 - 21.6% March 78 100 - 22.0% April 69 100 - 31.0% May 67 80 - 16.3% June 61 71 - 14.1% July 58 69 - 15.9% August 59 70 - 15.7% September 61 73 - 16.4% October 62 71 - 12.7% November 61 71 - 14.1% December 63 76 - 16.5% 12-Month Avg 65 84 - 22.6% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 6 December Days on Market (“DOM”) tracks the days on market for a property specific to the MLS number. “DOM” accrues for “Active” and “Under Contract-Show” statuses. “DOM” does not include any days that the listing is in “Under Contract-No Show,” “Temporarily off Market,” “Closed/Sold,” “Expired” and “Withdrawn” statuses. 40 50 60 70 80 90 100 110 120 130 140 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Days on Market 99 76 63 2013 2014 2015 - 16.5%- 23.2%
  • 7. Cumulative Days on Market Month Current Activity One Year Previous +/- January 92 118 - 22.0% February 98 117 - 16.2% March 96 118 - 18.6% April 85 127 - 33.1% May 81 106 - 23.6% June 73 92 - 20.7% July 69 85 - 18.8% August 71 86 - 17.4% September 72 85 - 15.3% October 73 86 - 15.1% November 71 85 - 16.5% December 74 92 - 19.3% 12-Month Avg 78 84 - 7.1% December Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 7 Cumulative Days on Market (“CDOM”) functions like “DOM”; however, “CDOM” tracks the days on market for a property over multiple listings on the property. When a new listing is entered, the “CDOM” only resets to zero if the previous listing closed (as in sold), or if the previous listing has been off market (expired or withdrawn) for more than 90 days. 50 70 90 110 130 150 170 190 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Cumulative Days on Market 115 92 74 2013 2014 2015 - 19.3%- 20.0%
  • 8. Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month. December Month Current Activity One Year Previous + / – January $166,500 $165,000 + 0.9% February $178,000 $165,000 + 7.9% March $191,000 $175,000 + 9.1% April $190,000 $176,775 + 7.5% May $200,000 $187,000 + 7.0% June $208,163 $197,000 + 5.7% July $200,000 $191,750 + 4.3% August $199,000 $185,000 + 7.6% September $189,000 $180,000 + 5.0% October $185,000 $178,100 + 3.9% November $195,000 $180,000 + 8.3% December $190,000 $184,900 + 2.8% 12-Month Avg $192,500 $180,000 + 6.9% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 8 $130,000 $140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000 $210,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Median Sales Price $175,000 $184,900 $190,000 2013 2014 2015 + 2.8%+ 5.7%
  • 9. Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. December Month Current Activity One Year Previous + / – January $214,166 $214,806 - 0.3% February $221,690 $208,380 + 6.4% March $240,711 $217,275 + 10.8% April $237,241 $224,519 + 5.7% May $249,583 $235,936 + 5.8% June $259,117 $258,515 + 0.2% July $252,901 $242,068 + 4.5% August $246,217 $240,061 + 2.6% September $239,273 $226,990 + 5.4% October $238,311 $227,689 + 4.7% November $239,258 $227,444 + 5.2% December $239,107 $233,242 + 2.5% 12-Month Avg $242,003 $230,830 + 4.8% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 9 $170,000 $180,000 $190,000 $200,000 $210,000 $220,000 $230,000 $240,000 $250,000 $260,000 $270,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Average Sales Price $228,338 $233,242 $239,107 2013 2014 2015 + 2.5%+ 2.1%
  • 10. Percent of Original List Price Received December Month Current Activity One Year Previous + / – January 93.3% 93.3% 0.0% February 93.6% 92.6% + 1.1% March 94.6% 93.4% + 1.3% April 95.0% 94.0% + 1.1% May 95.5% 94.7% + 0.8% June 95.7% 94.9% + 0.8% July 95.4% 94.5% + 1.0% August 95.3% 94.7% + 0.6% September 95.2% 94.2% + 1.1% October 94.6% 93.7% + 1.0% November 95.0% 94.0% + 1.1% December 95.1% 93.8% + 1.4% 12-Month Avg 95.0% 94.0% + 1.1% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 10 Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions. 86% 88% 90% 92% 94% 96% 98% 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Percent of Original List Price Received 93.2% 93.8% 95.1% 2013 2014 2015 + 1.4%+ 0.6%
  • 11. Housing Affordability Index December Month Current Activity One Year Previous + / – January 187 175 + 6.8% February 175 177 - 1.4% March 161 168 - 4.0% April 163 165 - 0.9% May 156 160 - 2.9% June 147 152 - 3.4% July 151 156 - 3.4% August 152 162 - 6.1% September 162 165 - 1.8% October 166 170 - 2.5% November 156 168 - 7.1% December 146 165 - 11.4% 12-Month Avg 160 165 - 3.1% Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 11 This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability. 120 140 160 180 200 220 240 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Housing Affordability Index 179 165 146 2013 2014 2015 - 11.4%- 7.8%
  • 12. Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months. December Month Current Activity One Year Previous + / – January 4.4 5.3 - 17.0% February 4.3 5.4 - 20.4% March 4.4 5.6 - 21.4% April 4.4 5.9 - 25.4% May 4.4 6.1 - 27.9% June 4.3 6.0 - 28.3% July 4.3 5.9 - 27.1% August 4.2 5.7 - 26.3% September 4.1 5.5 - 25.5% October 3.9 5.3 - 26.4% November 3.6 5.0 - 28.0% December 3.1 4.5 - 32.6% 12-Month Avg 4.1 5.6 - 26.8% All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Powered by ShowingTime 10K. | 12 Note: CarolinaMLS did not include “showable” under contract listings in the “Pending Sales” stats before July 2012. Listing agents report listings as “Under Contract-Show” earlier in the transaction. As a result, the new “Pending Sales” stats trend higher and the new “Months Supply of Inventory” stats trend lower since July 2012. | Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of January 11, 2016. 0 5 10 15 20 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Historical Months Supply of Inventory 5.2 4.5 3.1 2013 2014 2015 - 32.6%- 13.5%