December 2012 Local Reports

Page 1

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

Andrews

- 25.0%

- 50.0%

- 43.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

3 2 $58,000 96.8% 44 36

3 1 $147,000 98.1% 564 21

0.0% - 50.0% + 153.4% + 1.3% + 1181.8% - 41.7%

57 23 $51,200 89.3% 141 --

41 24 $62,000 89.9% 231

- 28.1% + 4.3% + 21.1% + 0.7% + 63.8% --

December

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

1 0 $0 0.0% 0 3

2012 0 0 $0 0.0% 0 1

--

Year to Date +/–

2011

- 100.0% ----- 66.7%

2 1 $232,000 93.2% 140 --

2012 1 0 $0 0.0% 0 --

+/– - 50.0% - 100.0% - 100.0% - 100.0% - 100.0% --

* 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%

All MLS Andrews

b 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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