August 2013 local reports

Page 1

Local Market Update – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

+ 40.0%

- 100.0%

+ 17.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

4 4 $43,500 83.9% 168 25

6 0 $0 0.0% 0 30

+ 50.0% - 100.0% - 100.0% - 100.0% - 100.0% + 20.0%

29 14 $47,000 89.4% 200 --

38 9 $64,500 91.7% 108

+ 31.0% - 35.7% + 37.2% + 2.7% - 46.2% --

August

Condo Properties

2012

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

1 0 $0 0.0% 0 3

2013 1 0 $0 0.0% 0 3

--

Year to Date +/–

2012

0.0% ----0.0%

1 0 $0 0.0% 0 --

2013 3 2 $200,000 84.2% 177 --

+/– + 200.0% ------

* 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

All MLS Andrews

+ 600%

+ 10%

+ 500%

+ 5%

+ 400%

0%

+ 300%

- 5%

+ 200%

- 10%

+ 100%

- 15%

0%

- 20%

- 100% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

1-2013

** 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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August 2013 local reports by Coastal Carolinas Association of REALTORS - Issuu