2012 March Local Reports

Page 1

Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

- 40.0%

- 50.0%

+ 68.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

5 2 $412,450 98.7% 101 22

3 1 $47,000 107.1% 114 35

- 40.0% - 50.0% - 88.6% + 8.4% + 12.9% + 59.1%

12 5 $49,900 81.3% 236 --

11 5 $56,800 84.9% 144

- 8.3% 0.0% + 13.8% + 4.4% - 39.0% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 3 0.0

2012 0 0 $0 0.0% 2 2.0

--

Year to Date +/–

2011

----- 33.3% --

0 0 $0 0.0% ---

2012 0 0 $0 0.0% ---

+/– -------

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Andrews

+ 80%

b

All MLS Andrews

a

0%

+ 60% - 5% + 40% - 10%

+ 20%

0%

- 15%

- 20% - 20% - 40%

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


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