STARK COUNTY ASSOCIATION OF REALTORS® · July 363 418 +15.2% August 361 401 +11.1% 344 361 401...
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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE STARK COUNTY ASSOCIATION OF REALTORS® August 2014 Quick Facts - 11.8% + 1.7% + 3.6% - 12.0% Change in Closed Sales Stark County Change in Median Sales Price Stark County Change in Closed Sales Carroll County Change in Median Sales Price Carroll County Stark County Carroll County Market Overview New Listings Pending Sales Closed Sales Days On Market Until Sale Median Sales Price Average Sales Price Pct. Of Orig. Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory Click on page to jump to desired metric. 11 12 17 18 6 7 8 9 10 19 20 23 All data from the Centralized Real Estate Information Services® Multiple Listing Service. Powered by 10K Research and Marketing. | 1 Stark County Carroll County 2 13 14 3 4 5 21 22 15 16
Transcript of STARK COUNTY ASSOCIATION OF REALTORS® · July 363 418 +15.2% August 361 401 +11.1% 344 361 401...
Monthly Indicators A RESEARCH TOOL PROVIDED BY THE STARK COUNTY ASSOCIATION OF REALTORS®
August 2014 Quick Facts
- 11.8% + 1.7% + 3.6% - 12.0%
Change inClosed SalesStark County
Change inMedian Sales Price
Stark County
Change inClosed SalesCarroll County
Change inMedian Sales Price
Carroll County
Stark County Carroll County
Market OverviewNew ListingsPending SalesClosed SalesDays On Market Until SaleMedian Sales PriceAverage Sales PricePct. Of Orig. Price ReceivedHousing Affordability IndexInventory of Homes for SaleMonths Supply of Inventory
Click on page to jump to desired metric.
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All data from the Centralized Real Estate Information Services® Multiple Listing Service. Powered by 10K Research and Marketing. | 1
Stark County Carroll County
2 13143
45
2122
1516
Stark County Market Overview Key market metrics for the current month and year-to-date figures for Stark County Only.
Key Metrics Historical Sparklines 8-2013 8-2014 + / – YTD 2013 YTD 2014 + / –
2,590 - 4.8%
74 70
391 345
Days on Market Until Sale
- 11.8% 2,722
New Listings
Pending Sales
Closed Sales
- 1.2%
361 401 + 11.1% 2,853 2,886 + 1.2%
4,548611 551 - 9.8% 4,601
- 5.5% 84 79 - 6.1%
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
194
1,846
213 + 2.1%
--
$124,928 $128,397 + 2.8%
$118,000 $120,000Median Sales Price
Average Sales Price
Percent of OriginalList Price Received
$135,071
93.2%
+ 1.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2
+ 1.7% $109,900 $112,000
+ 0.2%+ 0.1% 92.2% 92.3%
Months Supplyof Homes for Sale
$143,045 + 5.9%
93.3%
Housing Affordability Index
Inventory of Homes for Sale
5.6
199 + 2.3%
- 9.8%
- 11.4%
1,665
5.0
208
--
-- --
--
--
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
New Listings A count of the properties that have been newly listed on the market in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 516 542 +5.0%
October 490 545 +11.2%
November 397 407 +2.5%
December 277 293 +5.8%
January 460 456 -0.9%
February 477 410 -14.0%
March 502 520 +3.6%
April 638 634 -0.6%
May 648 628 -3.1%
June 628 671 +6.8%
July 637 678 +6.4%
August 611 551 -9.8%
560611
551
2012 2013 2014
August
4,3514,601 4,548
2012 2013 2014
Year To Date
-1.2%+9.1% -9.8% +5.7%
12-Month Avg 523 528 +0.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3
2012 2013 2014
200
300
400
500
600
700
800
900
1,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical New Listing Activity
2012 2013 2014
-1.2%+9.1% -9.8% +5.7%
Pending Sales A count of the properties on which contracts have been accepted in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 312 325 +4.2%
October 327 320 -2.1%
November 240 257 +7.1%
December 231 245 +6.1%
January 277 260 -6.1%
February 310 277 -10.6%
March 334 358 +7.2%
April 422 409 -3.1%
May 405 385 -4.9%
June 381 378 -0.8%
July 363 418 +15.2%
August 361 401 +11.1%
344361
401
2012 2013 2014
August
2,6212,853 2,886
2012 2013 2014
Year To Date
+1.2%+4.9% +11.1% +8.9%
12-Month Avg 330 336 +1.8%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4
2012 2013 2014
150
200
250
300
350
400
450
500
550
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Pending Sales Activity
2012 2013 2014
+1.2%+4.9% +11.1% +8.9%
Closed Sales A count of the actual sales that have closed in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 307 331 +7.8%
October 367 381 +3.8%
November 291 305 +4.8%
December 272 301 +10.7%
January 240 231 -3.8%
February 240 230 -4.2%
March 322 303 -5.9%
April 338 321 -5.0%
May 379 391 +3.2%
June 383 377 -1.6%
July 429 392 -8.6%
August 391 345 -11.8%
354391
345
2012 2013 2014
August
2,4462,722
2,590
2012 2013 2014
Year To Date
-4.8%+10.5% -11.8% +11.3%
12-Month Avg 330 326 -0.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
2012 2013 2014
150
200
250
300
350
400
450
500
550
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Closed Sales Activity
2012 2013 2014
-4.8%+10.5% -11.8% +11.3%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 103 71 -31.5%
October 95 82 -13.0%
November 81 76 -6.2%
December 91 81 -11.3%
January 93 90 -3.0%
February 100 89 -10.7%
March 92 82 -10.7%
April 91 83 -8.5%
May 82 84 +2.6%
June 73 69 -5.8%
July 78 71 -8.4%
August 74 70 -5.5%
95
7470
2012 2013 2014
August
107
8479
2012 2013 2014
Year To Date
-6.1%-21.8% -5.5% -21.7%
12-Month Avg 87 78 -9.5%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6
2012 2013 2014
60
70
80
90
100
110
120
130
140
150
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Days on Market Until Sale
2012 2013 2014
-6.1%-21.8% -5.5% -21.7%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September $93,000 $117,000 +25.8%
October $96,950 $114,000 +17.6%
November $105,000 $99,950 -4.8%
December $87,500 $93,000 +6.3%
January $94,200 $84,000 -10.8%
February $88,000 $98,950 +12.4%
March $100,000 $104,000 +4.0%
April $106,000 $110,500 +4.2%
May $107,950 $115,950 +7.4%
June $118,500 $121,000 +2.1%
July $120,000 $122,000 +1.7%
August $118,000 $120,000 +1.7%
$98,500
$118,000 $120,000
2012 2013 2014
August
$97,000
$109,900 $112,000
2012 2013 2014
Year To Date
+1.9%+19.8% +1.7% +13.3%
12-Month Med $105,500 $110,000 +4.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7
2012 2013 2014
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Median Sales Price
2012 2013 2014
+1.9%+19.8% +1.7% +13.3%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September $113,172 $130,763 +15.5%
October $111,602 $131,316 +17.7%
November $123,255 $116,588 -5.4%
December $107,781 $114,150 +5.9%
January $110,543 $104,034 -5.9%
February $109,476 $111,646 +2.0%
March $115,484 $114,953 -0.5%
April $120,130 $122,763 +2.2%
May $127,139 $132,946 +4.6%
June $133,341 $143,155 +7.4%
July $134,306 $136,344 +1.5%
August $135,071 $143,045 +5.9%
$114,178
$135,071$143,045
2012 2013 2014
August
$116,027$124,928 $128,397
2012 2013 2014
Year To Date
+ 2.8%+ 18.3% + 5.9% + 7.7%
12-Month Avg $121,549 $126,896 +4.4%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 8
2012 2013 2014
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Average Sales Price
2012 2013 2014
+ 2.8%+ 18.3% + 5.9% + 7.7%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
September 90.0% 92.2% +2.4%
October 91.2% 91.1% -0.1%
November 89.7% 91.5% +2.1%
December 87.5% 90.5% +3.4%
January 89.4% 89.2% -0.2%
February 90.5% 90.0% -0.5%
March 91.2% 92.5% +1.4%
April 92.3% 92.1% -0.2%
May 92.4% 92.9% +0.5%
June 92.7% 93.5% +0.9%
July 93.8% 93.0% -0.8%
August 93.2% 93.3% +0.1%
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 for Stark County Only.
91.2% 93.2% 93.3%
2012 2013 2014
August
90.7% 92.2% 92.3%
2012 2013 2014
Year To Date
+0.2%+2.3% +0.1% +1.6%
12-Month Avg 91.4% 92.0% +0.6%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 9
2012 2013 2014
82%
84%
86%
88%
90%
92%
94%
96%
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Percent of Original List Price Received
2012 2013 2014
+0.2%+2.3% +0.1% +1.6%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
September 270 199 -26.4%
October 257 204 -20.8%
November 239 246 +2.9%
December 289 253 -12.6%
January 270 273 +1.0%
February 283 235 -16.9%
March 248 224 -9.8%
April 238 210 -11.9%
May 226 205 -9.0%
June 194 196 +1.0%
July 193 195 +0.7%
August 194 199 +2.3%
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. For Stark County Only.
250
194 199
2012 2013 2014
August
254
208 213
2012 2013 2014
Year To Date
+2.1%-22.5% +2.3% -18.0%
12-Month Avg 242 220 -8.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 10
2012 2013 2014
120
170
220
270
320
370
420
470
520
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Housing Affordability Index
2012 2013 2014
+2.1%-22.5% +2.3% -18.0%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 1,889 1,819 -3.7%
October 1,830 1,748 -4.5%
November 1,774 1,644 -7.3%
December 1,574 1,453 -7.7%
January 1,576 1,451 -7.9%
February 1,596 1,431 -10.3%
March 1,592 1,401 -12.0%
April 1,660 1,461 -12.0%
May 1,719 1,553 -9.7%
June 1,748 1,657 -5.2%
July 1,811 1,694 -6.5%
August 1,846 1,665 -9.8%
1,903 1,8461,665
2012 2013 2014
August
-9.8%-3.0%
12-Month Avg 1,718 1,581 -8.0%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 11
2012 2013 2014
1,250
1,500
1,750
2,000
2,250
2,500
2,750
3,000
3,250
3,500
3,750
4,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Inventory of Homes for Sale
-9.8%-3.0%
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 for Stark County Only.
MonthPrior Year
Current Year
+ / –
September 6.2 5.5 -10.9%
October 5.9 5.3 -10.3%
November 5.7 4.9 -13.5%
December 5.1 4.4 -13.9%
January 5.0 4.4 -13.3%
February 5.1 4.3 -14.0%
March 5.0 4.2 -16.2%
April 5.2 4.4 -14.8%
May 5.3 4.7 -11.3%
June 5.4 5.0 -5.8%
July 5.5 5.1 -7.6%
August 5.6 5.0 -11.4%
6.25.6
5.0
2012 2013 2014
August
-11.4%-10.6%
12-Month Avg 5.4 4.8 -11.8%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12
2012 2013 2014
3
4
5
6
7
8
9
10
11
12
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Months Supply of Inventory
-11.4%-10.6%
Carroll County Market Overview Key market metrics for the current month and year-to-date figures for Carroll County Only.
Key Metrics Historical Sparklines 8-2013 8-2014 + / – YTD 2013 YTD 2014 + / –
+ 2.9%
Pending Sales 25 30 + 20.0% 159 154 - 3.1%
New Listings 35 35 0.0% 277 285
- 11.3%
Days on Market Until Sale 108 97 - 9.5% 114 103 - 9.6%
Closed Sales 28 29 + 3.6% 150 133
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
+ 7.6%
Average Sales Price $162,236 $122,648 - 24.4% $118,418 $126,281 + 6.6%
Median Sales Price $146,500 $128,925 - 12.0% $105,000 $113,000
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 13
+ 3.0%
Housing Affordability Index 156 185 + 18.3% 218 211 - 3.3%
Percent of OriginalList Price Received
90.3% 91.7% + 1.6% 89.5% 92.1%
--
-- --
Inventory of Homes for Sale 139 145 + 4.3% -- --
Months Supplyof Homes for Sale
7.7 8.0 + 3.4% --
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
8-2011 8-2012 8-2013 8-2014
New Listings A count of the properties that have been newly listed on the market in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 37 27 -27.0%
October 29 32 +10.3%
November 24 32 +33.3%
December 11 11 0.0%
January 19 22 +15.8%
February 20 30 +50.0%
March 45 32 -28.9%
April 41 40 -2.4%
May 53 45 -15.1%
June 31 37 +19.4%
July 33 44 +33.3%
August 35 35 0.0%
3235 35
2012 2013 2014
August
265277 285
2012 2013 2014
Year To Date
+2.9%+9.4% 0.0% +4.5%
12-Month Avg 32 32 +2.4%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 14
2012 2013 2014
8
18
28
38
48
58
68
78
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical New Listing Activity
2012 2013 2014
+2.9%+9.4% 0.0% +4.5%
Pending Sales A count of the properties on which contracts have been accepted in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 15 17 +13.3%
October 18 23 +27.8%
November 11 15 +36.4%
December 13 9 -30.8%
January 12 12 0.0%
February 11 14 +27.3%
March 25 22 -12.0%
April 27 21 -22.2%
May 10 14 +40.0%
June 26 17 -34.6%
July 23 24 +4.3%
August 25 30 +20.0%
15
25
30
2012 2013 2014
August
139
159 154
2012 2013 2014
Year To Date
-3.1%+66.7% +20.0% +14.4%
12-Month Avg 18 18 +0.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 15
2012 2013 2014
5
10
15
20
25
30
35
40
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Pending Sales Activity
2012 2013 2014
-3.1%+66.7% +20.0% +14.4%
Closed Sales A count of the properties that have closed in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 18 23 +27.8%
October 11 19 +72.7%
November 18 16 -11.1%
December 15 17 +13.3%
January 12 11 -8.3%
February 12 12 0.0%
March 14 14 0.0%
April 20 24 +20.0%
May 27 20 -25.9%
June 18 12 -33.3%
July 19 11 -42.1%
August 28 29 +3.6%
24
28 29
2012 2013 2014
August
130
150
133
2012 2013 2014
Year To Date
-11.3%+16.7% +3.6% +15.4%
12-Month Avg 18 17 +1.4%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 16
2012 2013 2014
0
5
10
15
20
25
30
35
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Closed Sales Activity
2012 2013 2014
-11.3%+16.7% +3.6% +15.4%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 165 161 -2.5%
October 124 115 -7.4%
November 67 160 +140.3%
December 177 60 -66.3%
January 65 101 +54.6%
February 147 103 -29.7%
March 112 73 -34.9%
April 135 123 -8.9%
May 126 112 -10.7%
June 143 101 -29.5%
July 70 102 +46.3%
August 108 97 -9.5%
143
10897
2012 2013 2014
August
133
114103
2012 2013 2014
Year To Date
-9.6%-24.9% -9.5% -14.1%
12-Month Avg 119 111 -6.8%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 17
2012 2013 2014
0
50
100
150
200
250
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Days on Market Until Sale
2012 2013 2014
-9.6%-24.9% -9.5% -14.1%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September $81,000 $90,000 +11.1%
October $73,000 $120,000 +64.4%
November $101,500 $120,250 +18.5%
December $65,000 $134,900 +107.5%
January $82,500 $105,000 +27.3%
February $77,500 $90,250 +16.5%
March $78,500 $121,250 +54.5%
April $73,500 $110,000 +49.7%
May $107,500 $105,000 -2.3%
June $120,514 $121,000 +0.4%
July $107,500 $102,500 -4.7%
August $146,500 $128,925 -12.0%
$126,000
$146,500
$128,925
2012 2013 2014
August
$114,750$105,000
$113,000
2012 2013 2014
Year To Date
+7.6%+16.3% -12.0% -8.5%
12-Month Med $92,800 $115,000 +23.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 18
2012 2013 2014
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Median Sales Price
2012 2013 2014
+7.6%+16.3% -12.0% -8.5%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September $110,959 $126,458 +14.0%
October $135,240 $115,379 -14.7%
November $107,106 $139,307 +30.1%
December $73,911 $160,946 +117.8%
January $92,799 $120,625 +30.0%
February $97,033 $80,867 -16.7%
March $113,360 $121,571 +7.2%
April $95,138 $136,119 +43.1%
May $112,134 $109,804 -2.1%
June $130,121 $189,833 +45.9%
July $105,485 $132,770 +25.9%
August $162,236 $122,648 -24.4%
$130,756
$162,236
$122,648
2012 2013 2014
August
$141,322
$118,418$126,281
2012 2013 2014
Year To Date
+ 6.6%+ 24.1% - 24.4% - 16.2%
12-Month Avg $114,527 $128,518 +12.2%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 19
2012 2013 2014
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Average Sales Price
2012 2013 2014
+ 6.6%+ 24.1% - 24.4% - 16.2%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
September 86.7% 89.0% +2.6%
October 80.2% 91.0% +13.5%
November 92.9% 90.1% -3.0%
December 85.3% 92.2% +8.1%
January 88.5% 96.6% +9.2%
February 84.7% 85.2% +0.6%
March 85.8% 87.8% +2.3%
April 96.3% 92.8% -3.6%
May 88.1% 92.6% +5.1%
June 89.2% 97.2% +9.0%
July 89.5% 95.2% +6.3%
August 90.3% 91.7% +1.6%
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 for Carroll County Only.
92.0% 90.3% 91.7%
2012 2013 2014
August
91.9% 89.5% 92.1%
2012 2013 2014
Year To Date
+3.0%-1.8% +1.6% -2.7%
12-Month Avg 88.7% 91.5% +3.2%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 20
2012 2013 2014
70%
75%
80%
85%
90%
95%
100%
105%
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Percent of Original List Price Received
2012 2013 2014
+3.0%-1.8% +1.6% -2.7%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
September 310 258 -16.7%
October 342 194 -43.3%
November 247 204 -17.3%
December 389 174 -55.3%
January 308 218 -29.3%
February 321 257 -19.8%
March 316 192 -39.2%
April 343 211 -38.6%
May 227 227 +0.0%
June 191 196 +2.7%
July 216 232 +7.4%
August 156 185 +18.3%
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. For Carroll County Only.
196
156
185
2012 2013 2014
August
215 218 211
2012 2013 2014
Year To Date
-3.3%-20.1% +18.3% +1.5%
12-Month Avg 281 212 -19.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 21
2012 2013 2014
100
150
200
250
300
350
400
450
500
550
600
650
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Housing Affordability Index
2012 2013 2014
-3.3%-20.1% +18.3% +1.5%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 149 133 -10.7%
October 143 126 -11.9%
November 138 124 -10.1%
December 119 115 -3.4%
January 114 115 +0.9%
February 107 123 +15.0%
March 120 125 +4.2%
April 125 133 +6.4%
May 154 152 -1.3%
June 148 158 +6.8%
July 148 158 +6.8%
August 139 145 +4.3%
148139 145
2012 2013 2014
August
+4.3%-6.1%
12-Month Avg 134 134 +0.6%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 22
2012 2013 2014
100
125
150
175
200
225
250
275
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Inventory of Homes for Sale
+4.3%-6.1%
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 for Carroll County Only.
MonthPrior Year
Current Year
+ / –
September 9.2 7.3 -20.2%
October 8.9 6.8 -23.7%
November 8.7 6.6 -24.8%
December 7.3 6.2 -15.1%
January 7.0 6.2 -11.3%
February 6.7 6.5 -2.8%
March 7.2 6.7 -6.6%
April 7.2 7.4 +2.0%
May 9.1 8.3 -9.8%
June 8.4 8.9 +6.3%
July 8.6 8.9 +3.2%
August 7.7 8.0 +3.4%
9.2
7.7 8.0
2012 2013 2014
August
+3.4%-15.6%
12-Month Avg 8.0 7.3 -8.7%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 23
2012 2013 2014
5
7
9
11
13
15
17
19
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014
Historical Months Supply of Inventory
+3.4%-15.6%
