local market update – june 2012 market update june 201… · local market update – june 2012...

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2011 2012 + / – 2011 2012 + / – New Listings 4,143 4,109 - 0.8% 26,254 25,774 - 1.8% Closed Sales 2,330 2,657 + 14.0% 11,039 12,686 + 14.9% Median Sales Price* $156,775 $171,500 + 9.4% $150,000 $158,199 + 5.5% Average Sales Price* $216,389 $227,924 + 5.3% $201,255 $207,934 + 3.3% Percent of Original List Price Received* 89.7% 92.7% + 3.4% 88.9% 91.7% + 3.2% List to Close 152 139 - 8.4% 153 146 - 5.0% Inventory of Homes for Sale 23,606 19,510 - 17.4% -- -- -- Months Supply of Inventory 13.1 9.3 - 29.0% -- -- -- + 9.4% Change in New Listings Change in Closed Sales Change in Median Sales Price June Local Market Update – June 2012 A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION Entire CMLS Area - 0.8% + 14.0% FOR MORE INFORMATION CONTACT A REALTOR® Year to Date * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size. 26,254 25 774 Year to Date 2011 2012 4,143 4,109 June 2011 2012 Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing. ** 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. Entire CMLS Area - 10% - 8% - 6% - 4% - 2% 0% + 2% + 4% + 6% + 8% 1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 Change in Median Sales Price from Prior Year (6-Month Average)** b 26,254 11,039 25,774 12,686 New Listings Closed Sales + 14.9% - 1.8% 2,330 2,657 New Listings Closed Sales + 14.0% - 0.8%

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Page 1: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 4,143 4,109 - 0.8% 26,254 25,774 - 1.8%

Closed Sales 2,330 2,657 + 14.0% 11,039 12,686 + 14.9%

Median Sales Price* $156,775 $171,500 + 9.4% $150,000 $158,199 + 5.5%

Average Sales Price* $216,389 $227,924 + 5.3% $201,255 $207,934 + 3.3%

Percent of Original List Price Received* 89.7% 92.7% + 3.4% 88.9% 91.7% + 3.2%

List to Close 152 139 - 8.4% 153 146 - 5.0%

Inventory of Homes for Sale 23,606 19,510 - 17.4% -- -- --

Months Supply of Inventory 13.1 9.3 - 29.0% -- -- --

+ 9.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

June

Local Market Update – June 2012 A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Entire CMLS Area- 0.8% + 14.0%

FOR MORE INFORMATION CONTACT A REALTOR®

Year to Date

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

26,254 25 774

Year to Date 2011 2012

4,143 4,109

June 2011 2012

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** b

26,254

11,039

25,774

12,686

New Listings Closed Sales+ 14.9%- 1.8%

2,3302,657

New Listings Closed Sales+ 14.0%- 0.8%

Page 2: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 285 326 + 14.4% 1,921 2,010 + 4.6%

Closed Sales 165 200 + 21.2% 840 935 + 11.3%

Median Sales Price* $154,900 $169,935 + 9.7% $149,892 $158,000 + 5.4%

Average Sales Price* $189,333 $189,696 + 0.2% $172,600 $179,010 + 3.7%

Percent of Original List Price Received* 90.0% 92.4% + 2.6% 89.6% 92.0% + 2.7%

List to Close 157 143 - 8.7% 157 144 - 8.5%

Inventory of Homes for Sale 1,684 1,499 - 11.0% -- -- --

Months Supply of Inventory 12.2 9.9 - 18.5% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 14.4% + 21.2% + 9.7%Change in

New ListingsChange in

Closed SalesCabarrus County

FOR MORE INFORMATION CONTACT A REALTOR®

1 921 2,010

Year to Date 2011 2012

285326

June 2011 2012

Cabarrus County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,921

840

,

935

New Listings Closed Sales+ 11.3%+ 4.6%

165200

New Listings Closed Sales+ 21.2%+ 14.4%

Page 3: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 253 305 + 20.6% 1,775 1,846 + 4.0%

Closed Sales 139 177 + 27.3% 731 872 + 19.3%

Median Sales Price* $105,500 $117,750 + 11.6% $104,900 $114,000 + 8.7%

Average Sales Price* $133,232 $162,403 + 21.9% $124,948 $134,336 + 7.5%

Percent of Original List Price Received* 87.2% 90.7% + 4.1% 87.9% 90.1% + 2.5%

List to Close 156 151 - 2.8% 153 151 - 1.0%

Inventory of Homes for Sale 1,710 1,521 - 11.1% -- -- --

Months Supply of Inventory 13.8 10.5 - 23.4% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 20.6% + 27.3% + 11.6%Change in

New ListingsChange in

Closed SalesGaston County

FOR MORE INFORMATION CONTACT A REALTOR®

1,775 1,846

Year to Date 2011 2012

305

June 2011 2012

Gaston County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

731872

New Listings Closed Sales+ 19.3%+ 4.0%

253

139177

New Listings Closed Sales+ 27.3%+ 20.6%

Page 4: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 304 324 + 6.6% 1,896 1,939 + 2.3%

Closed Sales 169 191 + 13.0% 721 902 + 25.1%

Median Sales Price* $162,500 $170,000 + 4.6% $155,050 $171,000 + 10.3%

Average Sales Price* $234,323 $231,419 - 1.2% $226,936 $246,924 + 8.8%

Percent of Original List Price Received* 88.9% 92.7% + 4.3% 87.6% 91.0% + 3.9%

List to Close 169 132 - 22.0% 164 152 - 7.7%

Inventory of Homes for Sale 1,870 1,594 - 14.8% -- -- --

Months Supply of Inventory 15.2 11.1 - 26.7% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 6.6% + 13.0% + 4.6%Change in

New ListingsChange in

Closed SalesIredell County

FOR MORE INFORMATION CONTACT A REALTOR®

1 896 1 939

Year to Date 2011 2012

304324

June 2011 2012

Iredell County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,896

721

1,939

902

New Listings Closed Sales+ 25.1%+ 2.3%

169191

New Listings Closed Sales+ 13.0%+ 6.6%

Page 5: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 133 104 - 21.8% 791 792 + 0.1%

Closed Sales 55 67 + 21.8% 317 360 + 13.6%

Median Sales Price* $122,000 $136,000 + 11.5% $124,000 $154,950 + 25.0%

Average Sales Price* $161,459 $208,017 + 28.8% $165,969 $208,746 + 25.8%

Percent of Original List Price Received* 91.1% 88.2% - 3.2% 88.3% 89.6% + 1.4%

List to Close 127 144 + 12.8% 159 147 - 7.2%

Inventory of Homes for Sale 774 655 - 15.4% -- -- --

Months Supply of Inventory 15.2 11.1 - 27.2% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 21.8% + 21.8% + 11.5%Change in

New ListingsChange in

Closed SalesLincoln County

FOR MORE INFORMATION CONTACT A REALTOR®

791 792

Year to Date 2011 2012

133

104

June 2011 2012

Lincoln County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

317 360

New Listings Closed Sales+ 13.6%+ 0.1%

55

104

67

New Listings Closed Sales+ 21.8%- 21.8%

Page 6: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 372 414 + 11.3% 2,466 2,555 + 3.6%

Closed Sales 247 260 + 5.3% 1,078 1,213 + 12.5%

Median Sales Price* $217,450 $204,125 - 6.1% $180,995 $184,050 + 1.7%

Average Sales Price* $268,453 $257,835 - 4.0% $246,646 $250,077 + 1.4%

Percent of Original List Price Received* 91.5% 93.7% + 2.3% 90.0% 92.5% + 2.8%

List to Close 147 135 - 8.3% 159 142 - 10.7%

Inventory of Homes for Sale 2,157 1,866 - 13.5% -- -- --

Months Supply of Inventory 12.6 9.1 - 28.1% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 11.3% + 5.3% - 6.1%Change in

New ListingsChange in

Closed SalesUnion County

FOR MORE INFORMATION CONTACT A REALTOR®

2,466 2,555

Year to Date 2011 2012

372414

June 2011 2012

Union County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,078 1,213

New Listings Closed Sales+ 12.5%+ 3.6%

247 260

New Listings Closed Sales+ 5.3%+ 11.3%

Page 7: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 394 335 - 15.0% 2,046 2,061 + 0.7%

Closed Sales 183 217 + 18.6% 824 1,058 + 28.4%

Median Sales Price* $179,900 $190,000 + 5.6% $175,000 $179,000 + 2.3%

Average Sales Price* $199,786 $220,989 + 10.6% $204,191 $206,754 + 1.3%

Percent of Original List Price Received* 91.8% 93.0% + 1.3% 90.5% 93.3% + 3.1%

List to Close 164 165 + 0.4% 169 147 - 12.8%

Inventory of Homes for Sale 1,802 1,531 - 15.0% -- -- --

Months Supply of Inventory 12.8 8.8 - 31.1% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 15.0% + 18.6% + 5.6%Change in

New ListingsChange in

Closed SalesYork County, SC

FOR MORE INFORMATION CONTACT A REALTOR®

2,046 2,061

Year to Date 2011 2012

394335

June 2011 2012

York County, SC

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

8241,058

New Listings Closed Sales+ 28.4%+ 0.7%

183

335

217

New Listings Closed Sales+ 18.6%- 15.0%

Page 8: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 1,841 1,767 - 4.0% 12,001 11,097 - 7.5%

Closed Sales 1,108 1,238 + 11.7% 5,218 5,816 + 11.5%

Median Sales Price* $165,000 $184,800 + 12.0% $157,150 $162,550 + 3.4%

Average Sales Price* $235,740 $255,593 + 8.4% $216,904 $221,209 + 2.0%

Percent of Original List Price Received* 90.0% 93.8% + 4.3% 89.2% 92.5% + 3.7%

List to Close 146 128 - 12.5% 144 140 - 2.8%

Inventory of Homes for Sale 9,877 7,489 - 24.2% -- -- --

Months Supply of Inventory 11.9 7.8 - 34.9% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 4.0% + 11.7% + 12.0%Change in

New ListingsChange in

Closed SalesMecklenburg

County

FOR MORE INFORMATION CONTACT A REALTOR®

12,00111,097

Year to Date 2011 2012

1,841 1,767

June 2011 2012

Mecklenburg County

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

5,218

11,097

5,816

New Listings Closed Sales+ 11.5%- 7.5%

1,1081,238

New Listings Closed Sales+ 11.7%- 4.0%

Page 9: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 310 268 - 13.5% 2,011 1,879 - 6.6%

Closed Sales 201 184 - 8.5% 906 985 + 8.7%

Median Sales Price* $143,000 $166,573 + 16.5% $144,250 $149,900 + 3.9%

Average Sales Price* $178,867 $201,736 + 12.8% $172,639 $171,910 - 0.4%

Percent of Original List Price Received* 90.8% 95.6% + 5.2% 90.3% 93.8% + 3.9%

List to Close 149 126 - 15.7% 144 139 - 3.3%

Inventory of Homes for Sale 1,618 1,270 - 21.5% -- -- --

Months Supply of Inventory 11.1 7.7 - 30.1% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 13.5% - 8.5% + 16.5%Change in

New ListingsChange in

Closed SalesMecklenburg -

(N) Area 01

FOR MORE INFORMATION CONTACT A REALTOR®

2,011 1 879

Year to Date 2011 2012

310268

June 2011 2012

Mecklenburg - (N) Area 01

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

,

906

1,879

985

New Listings Closed Sales+ 8.7%- 6.6%

201

268

184

New Listings Closed Sales- 8.5%- 13.5%

Page 10: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 202 178 - 11.9% 1,411 1,244 - 11.8%

Closed Sales 126 141 + 11.9% 613 699 + 14.0%

Median Sales Price* $89,500 $87,500 - 2.2% $98,375 $91,500 - 7.0%

Average Sales Price* $108,024 $115,137 + 6.6% $111,063 $111,277 + 0.2%

Percent of Original List Price Received* 89.8% 93.1% + 3.7% 88.2% 91.6% + 3.9%

List to Close 129 115 - 11.4% 134 128 - 4.6%

Inventory of Homes for Sale 1,145 786 - 31.4% -- -- --

Months Supply of Inventory 11.2 6.9 - 38.7% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 11.9% + 11.9% - 2.2%Change in

New ListingsChange in

Closed SalesMecklenburg - (E)

Area 02

FOR MORE INFORMATION CONTACT A REALTOR®

1,4111 244

Year to Date 2011 2012

202

June 2011 2012

Mecklenburg - (E) Area 02

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

613

1,244

699

New Listings Closed Sales+ 14.0%- 11.8%

126

178

141

New Listings Closed Sales+ 11.9%- 11.9%

Page 11: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 139 138 - 0.7% 879 854 - 2.8%

Closed Sales 79 77 - 2.5% 383 425 + 11.0%

Median Sales Price* $124,500 $119,000 - 4.4% $98,975 $110,900 + 12.0%

Average Sales Price* $151,299 $138,615 - 8.4% $127,015 $130,091 + 2.4%

Percent of Original List Price Received* 87.7% 93.4% + 6.6% 87.1% 91.2% + 4.8%

List to Close 156 136 - 12.6% 137 137 + 0.3%

Inventory of Homes for Sale 716 577 - 19.4% -- -- --

Months Supply of Inventory 12.0 8.2 - 31.3% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 0.7% - 2.5% - 4.4%Change in

New ListingsChange in

Closed SalesMecklenburg - (SE) Area 03

FOR MORE INFORMATION CONTACT A REALTOR®

879 854

Year to Date 2011 2012

139 138

June 2011 2012

Mecklenburg - (SE) Area 03

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

383 425

New Listings Closed Sales+ 11.0%- 2.8%

79 77

New Listings Closed Sales- 2.5%- 0.7%

Page 12: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 204 177 - 13.2% 1,255 1,287 + 2.5%

Closed Sales 103 148 + 43.7% 492 622 + 26.4%

Median Sales Price* $257,260 $275,000 + 6.9% $245,750 $245,000 - 0.3%

Average Sales Price* $308,144 $337,750 + 9.6% $309,423 $298,480 - 3.5%

Percent of Original List Price Received* 91.7% 93.3% + 1.7% 88.8% 92.4% + 4.0%

List to Close 139 125 - 9.9% 156 143 - 8.0%

Inventory of Homes for Sale 1,053 808 - 23.3% -- -- --

Months Supply of Inventory 13.5 8.1 - 39.8% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 13.2% + 43.7% + 6.9%Change in

New ListingsChange in

Closed SalesMecklenburg - (SSE) Area 04

FOR MORE INFORMATION CONTACT A REALTOR®

1,255 1,287

Year to Date 2011 2012

204

June 2011 2012

Mecklenburg - (SSE) Area 04

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

492622

New Listings Closed Sales+ 26.4%+ 2.5%

103

177148

New Listings Closed Sales+ 43.7%- 13.2%

Page 13: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 368 363 - 1.4% 2,332 2,132 - 8.6%

Closed Sales 219 278 + 26.9% 968 1,099 + 13.5%

Median Sales Price* $320,000 $312,825 - 2.2% $275,000 $285,000 + 3.6%

Average Sales Price* $412,678 $431,842 + 4.6% $368,740 $384,058 + 4.2%

Percent of Original List Price Received* 90.6% 93.6% + 3.3% 89.9% 93.1% + 3.5%

List to Close 145 131 - 9.5% 146 141 - 3.4%

Inventory of Homes for Sale 1,918 1,482 - 22.7% -- -- --

Months Supply of Inventory 12.5 8.3 - 33.3% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 1.4% + 26.9% - 2.2%Change in

New ListingsChange in

Closed SalesMecklenburg - (S)

Area 05

FOR MORE INFORMATION CONTACT A REALTOR®

2,3322,132

Year to Date 2011 2012

368 363

June 2011 2012

Mecklenburg - (S) Area 05

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

968 1,099

New Listings Closed Sales+ 13.5%- 8.6%

219

278

New Listings Closed Sales+ 26.9%- 1.4%

Page 14: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 151 143 - 5.3% 957 793 - 17.1%

Closed Sales 80 100 + 25.0% 436 451 + 3.4%

Median Sales Price* $177,075 $197,000 + 11.3% $182,500 $179,113 - 1.9%

Average Sales Price* $235,819 $240,247 + 1.9% $208,012 $217,004 + 4.3%

Percent of Original List Price Received* 90.3% 92.9% + 2.9% 91.1% 91.6% + 0.5%

List to Close 169 143 - 15.8% 149 154 + 3.3%

Inventory of Homes for Sale 733 492 - 32.9% -- -- --

Months Supply of Inventory 12.3 6.5 - 47.2% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 5.3% + 25.0% + 11.3%Change in

New ListingsChange in

Closed SalesMecklenburg - (SSW) Area 06

FOR MORE INFORMATION CONTACT A REALTOR®

957

Year to Date 2011 2012

151 143

June 2011 2012

Mecklenburg - (SSW) Area 06

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

95

436

793

451

New Listings Closed Sales+ 3.4%- 17.1%

80100

New Listings Closed Sales+ 25.0%- 5.3%

Page 15: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 102 124 + 21.6% 745 659 - 11.5%

Closed Sales 86 70 - 18.6% 386 387 + 0.3%

Median Sales Price* $120,000 $145,950 + 21.6% $129,200 $140,000 + 8.4%

Average Sales Price* $127,456 $153,212 + 20.2% $134,971 $144,910 + 7.4%

Percent of Original List Price Received* 89.5% 94.3% + 5.4% 88.9% 93.5% + 5.2%

List to Close 156 116 - 25.4% 146 132 - 9.6%

Inventory of Homes for Sale 573 444 - 22.5% -- -- --

Months Supply of Inventory 9.3 6.3 - 32.4% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 21.6% - 18.6% + 21.6%Change in

New ListingsChange in

Closed SalesMecklenburg - (SW) Area 07

FOR MORE INFORMATION CONTACT A REALTOR®

745659

Year to Date 2011 2012

124

June 2011 2012

Mecklenburg - (SW) Area 07

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

386 387

New Listings Closed Sales+ 0.3%- 11.5%

10286

70

New Listings Closed Sales- 18.6%+ 21.6%

Page 16: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 99 93 - 6.1% 567 505 - 10.9%

Closed Sales 52 56 + 7.7% 263 281 + 6.8%

Median Sales Price* $55,000 $57,001 + 3.6% $55,000 $63,000 + 14.5%

Average Sales Price* $82,019 $73,616 - 10.2% $71,616 $73,249 + 2.3%

Percent of Original List Price Received* 85.3% 92.1% + 8.0% 86.3% 89.0% + 3.1%

List to Close 121 115 - 4.5% 133 129 - 3.2%

Inventory of Homes for Sale 501 342 - 31.7% -- -- --

Months Supply of Inventory 11.8 7.2 - 38.9% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 6.1% + 7.7% + 3.6%Change in

New ListingsChange in

Closed SalesMecklenburg -

(W) Area 08

FOR MORE INFORMATION CONTACT A REALTOR®

567505

Year to Date 2011 2012

99 93

June 2011 2012

Mecklenburg - (W) Area 08

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 40%

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

263 281

New Listings Closed Sales+ 6.8%- 10.9%

52

93

56

New Listings Closed Sales+ 7.7%- 6.1%

Page 17: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 147 134 - 8.8% 917 824 - 10.1%

Closed Sales 82 96 + 17.1% 409 467 + 14.2%

Median Sales Price* $136,000 $123,875 - 8.9% $129,950 $126,500 - 2.7%

Average Sales Price* $161,804 $148,304 - 8.3% $152,156 $151,105 - 0.7%

Percent of Original List Price Received* 90.9% 94.5% + 4.0% 88.9% 92.7% + 4.3%

List to Close 131 112 - 14.2% 135 134 - 0.4%

Inventory of Homes for Sale 743 525 - 29.3% -- -- --

Months Supply of Inventory 11.2 6.8 - 39.3% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 8.8% + 17.1% - 8.9%Change in

New ListingsChange in

Closed SalesMecklenburg - (NW) Area 09

FOR MORE INFORMATION CONTACT A REALTOR®

917824

Year to Date 2011 2012

147134

June 2011 2012

Mecklenburg - (NW) Area 09

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

409467

New Listings Closed Sales+ 14.2%- 10.1%

8296

New Listings Closed Sales+ 17.1%- 8.8%

Page 18: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 256 236 - 7.8% 1,529 1,597 + 4.4%

Closed Sales 117 137 + 17.1% 494 592 + 19.8%

Median Sales Price* $304,000 $320,000 + 5.3% $326,000 $340,000 + 4.3%

Average Sales Price* $434,120 $395,525 - 8.9% $431,080 $437,657 + 1.5%

Percent of Original List Price Received* 88.5% 91.7% + 3.6% 88.0% 90.7% + 3.1%

List to Close 185 144 - 22.4% 182 158 - 13.0%

Inventory of Homes for Sale 1,572 1,298 - 17.4% -- -- --

Months Supply of Inventory 18.3 12.8 - 30.0% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 7.8% + 17.1% + 5.3%Change in

New ListingsChange in

Closed SalesLake Norman /

Area 13

FOR MORE INFORMATION CONTACT A REALTOR®

1,529 1,597

Year to Date 2011 2012

256236

June 2011 2012

Lake Norman / Area 13

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

494592

New Listings Closed Sales+ 19.8%+ 4.4%

117

236

137

New Listings Closed Sales+ 17.1%- 7.8%

Page 19: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 87 96 + 10.3% 513 579 + 12.9%

Closed Sales 39 57 + 46.2% 167 211 + 26.3%

Median Sales Price* $255,000 $317,500 + 24.5% $290,000 $279,000 - 3.8%

Average Sales Price* $295,510 $390,683 + 32.2% $319,259 $338,392 + 6.0%

Percent of Original List Price Received* 90.9% 92.9% + 2.2% 87.8% 92.6% + 5.5%

List to Close 178 164 - 7.8% 183 167 - 8.6%

Inventory of Homes for Sale 517 481 - 7.0% -- -- --

Months Supply of Inventory 17.5 14.0 - 19.6% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 10.3% + 46.2% + 24.5%Change in

New ListingsChange in

Closed SalesLake Wylie / Area

15

FOR MORE INFORMATION CONTACT A REALTOR®

3579

Year to Date 2011 2012

96

June 2011 2012

Lake Wylie / Area 15

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

513

167211

New Listings Closed Sales+ 26.3%+ 12.9%

87

39

57

New Listings Closed Sales+ 46.2%+ 10.3%

Page 20: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 18 31 + 72.2% 196 199 + 1.5%

Closed Sales 16 28 + 75.0% 95 106 + 11.6%

Median Sales Price* $198,750 $209,950 + 5.6% $195,000 $209,950 + 7.7%

Average Sales Price* $238,888 $228,781 - 4.2% $243,464 $254,111 + 4.4%

Percent of Original List Price Received* 88.1% 94.5% + 7.3% 88.7% 92.4% + 4.1%

List to Close 155 175 + 12.9% 143 168 + 17.9%

Inventory of Homes for Sale 173 156 - 9.8% -- -- --

Months Supply of Inventory 14.0 9.2 - 34.3% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

+ 72.2% + 75.0% + 5.6%Change in

New ListingsChange in

Closed SalesUptown / Area 99

FOR MORE INFORMATION CONTACT A REALTOR®

196 199

Year to Date 2011 2012

3128

June 2011 2012

Uptown / Area 99

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

196

95

199

106

New Listings Closed Sales+ 11.6%+ 1.5%

1816

New Listings Closed Sales+ 75.0%+ 72.2%

Page 21: Local Market Update – June 2012 Market Update June 201… · Local Market Update – June 2012 June Year to Date + 11.3% + 5.3% - 6.1% Change in New Listings Change in Union County

2011 2012 + / – 2011 2012 + / –

New Listings 3,163 3,157 - 0.2% 20,319 19,662 - 3.2%

Closed Sales 1,849 2,101 + 13.6% 8,729 9,949 + 14.0%

Median Sales Price* $162,500 $179,990 + 10.8% $154,000 $160,000 + 3.9%

Average Sales Price* $223,913 $237,411 + 6.0% $206,794 $210,785 + 1.9%

Percent of Original List Price Received* 90.1% 93.3% + 3.5% 89.3% 92.3% + 3.3%

List to Close 150 137 - 9.0% 150 142 - 5.3%

Inventory of Homes for Sale 17,382 14,023 - 19.3% -- -- --

Months Supply of Inventory 12.3 8.5 - 31.1% -- -- --

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

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – June 2012

June Year to Date

- 0.2% + 13.6% + 10.8%Change in

New ListingsChange in

Closed SalesCharlotte-Gastonia-

Rock Hill MSA

FOR MORE INFORMATION CONTACT A REALTOR®

20,319 19,662

Year to Date 2011 2012

3,163 3,157

June 2011 2012

Charlotte-Gastonia-Rock Hill MSA

Current as of July 5, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** 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.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

,

8,729

19,662

9,949

New Listings Closed Sales+ 14.0%- 3.2%

1,8492,101

New Listings Closed Sales+ 13.6%- 0.2%