Market Trends Greater Kanawha Valley - September 2013
Monthly Indicators
A board of realtors® A Research RESEARCHtool TOOL provided PROVIDED by BYThe THEkanawha GREATER valley GREENVILLE ASSOCIATION OF REALTORS®
September 2013
Quick Facts
Do you hear that? Hummmmm. That's the delightful sound of normalcy. Buyers are buying, sellers are selling, lenders are lending and builders are building. Sure, this varies from region to region and even city to city within a region or state, but by and large, things are returning to normal. All major indices showcase fairly robust price recovery. Consumer confidence isn't what it could be, but it's sufficient for now.
+ 24.9%
+ 5.4%
- 3.7%
Change in Closed Sales
Change in Median Sales Price
Change in Inventory
New Listings in the Greater Greenville region decreased 0.6 percent to 1,045. Pending Sales were down 38.8 percent to 366. Inventory levels shrank 3.7 percent to 5,743 units. Prices got a lift. The Median Sales Price increased 5.4 percent to $155,000. Days on Market was down 8.5 percent to 84 days. Absorption rates improved as Months Supply of Inventory was down 18.1 percent to 7.8 months. There's some evidence that it's not just first-time home buyers fueling the recovery. Move-up buyers are also pulling their weight. Some baby-boomers are ready to look for less space, nudging Junior out of the basement. The pizza boxes and late-night video games get old, plus there's a fresh crop of buyers looking for a bigger space to raise their own little darlings.
Market Overview New Listings Pending Sales Closed Sales Days On Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory
2 3 4 5 6 7 8 9 10 11 12
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fromby the greater greenville association of by realtors® multiple service All data from the Greater Greenville Association of REALTORS® Multiple Listing sample Service.data Provided South Carolina REALTORS®. Powered 10K Research and listing Marketing. | 1
Market Overview Key market metrics for the current month and year-to-date figures.
Key Metrics
Historical Sparklines
New Listings 9-2010
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
9-2011
9-2012
11,666
+ 7.0%
598
366
- 38.8%
6,116
7,063
+ 15.5%
614
767
+ 24.9%
5,738
7,240
+ 26.2%
92
84
- 8.5%
102
90
- 12.2%
$147,000
$155,000
+ 5.4%
$148,500
$155,000
+ 4.4%
$170,058
$182,975
+ 7.6%
$177,443
$183,447
+ 3.4%
96.1%
96.3%
+ 0.2%
95.4%
96.1%
+ 0.8%
183
163
- 10.8%
181
163
- 10.1%
5,964
5,743
- 3.7%
--
--
--
9.5
7.8
- 18.1%
--
--
--
9-2013
Months Supply of Homes for Sale 9-2010
10,906
9-2013
Inventory of Homes for Sale 9-2010
- 0.6%
9-2013
Housing Affordability Index 9-2010
1,045
9-2013
Percent of List Price Received 9-2010
1,051
9-2013
Average Sales Price 9-2010
+/–
9-2013
Median Sales Price 9-2010
YTD 2012 YTD 2013
9-2013
Days on Market Until Sale 9-2010
+/–
9-2013
Closed Sales 9-2010
9-2013
9-2013
Pending Sales 9-2010
9-2012
9-2013
sample data from the greater greenville association of realtors® multiple listing service | 3 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2
New Listings A count of the properties that have been newly listed on the market in a given month.
September
Year To Date 1,051
1,045
969
2011
10,962
+8.5%
-0.6%
2012
2013
10,906
11,666
-0.5%
+7.0%
2012
2013
2011
Month
Prior Year
Current Year
October
+/–
1,066
1,090
+2.3%
November
868
939
+8.2%
December
739
707
-4.3%
January
1,113
1,126
+1.2%
February
1,138
1,235
+8.5%
March
1,319
1,382
+4.8%
April
1,279
1,495
+16.9%
May
1,307
1,504
+15.1%
June
1,258
1,311
+4.2%
July
1,210
1,307
+8.0%
August
1,231
1,261
+2.4%
September
1,051
1,045
-0.6%
12-Month Avg
1,132
1,200
+6.1%
Historical New Listing Activity 2,000 1,800 1,600 1,400 1,200 1,000 800 600 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
4 | sample data from the greater greenville association of realtors® multiple listing service All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3
Pending Sales A count of the properties on which contracts have been accepted in a given month.
September
Year To Date 7,063
598 6,116 483
5,408 366
2011
+23.8%
-38.8%
2012
2013
Prior Year
Current Year
+/–
October
518
691
+33.4%
November
447
576
+28.9%
December
439
510
+16.2%
January
517
626
+21.1%
February
621
750
+20.8%
March
743
922
+24.1%
April
730
952
+30.4%
May
774
976
+26.1%
June
741
892
+20.4%
July
672
861
+28.1%
August
720
718
-0.3%
Month
+13.1%
+15.5%
2012
2013
2011
September
598
366
-38.8%
12-Month Avg
627
737
+17.6%
Historical Pending Sales Activity 1,200 1,100 1,000 900 800 700 600 500 400 300 200 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
sample data from the greater greenville association of realtors® multiple listing service | 5 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4
Closed Sales A count of the actual sales that have closed in a given month.
September
Year To Date 7,240
767
589
2011
5,738
614
5,187
+4.2%
+24.9%
2012
2013
Prior Year
Current Year
+/–
October
489
683
+39.7%
November
506
633
+25.1%
December
504
640
+27.0%
January
427
512
+19.9%
February
473
542
+14.6%
March
627
751
+19.8%
April
617
827
+34.0%
May
687
966
+40.6%
June
759
953
+25.6%
July
754
994
+31.8%
August
780
928
+19.0%
Month
+10.6%
+26.2%
2012
2013
2011
September
614
767
+24.9%
12-Month Avg
603
766
+27.1%
Historical Closed Sales Activity 1,300 1,200 1,100 1,000 900 800 700 600 500 400 300 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
6 | sample data from the greater greenville association of realtors® multiple listing service All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
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.
September
Year To Date
Month
114
112
102 92
90
84
2011
-17.8%
-8.5%
2012
2013
-10.2%
-12.2%
2012
2013
2011
Prior Year
Current Year
+/–
October
106
98
-7.9%
November
111
101
-8.4%
December
123
95
-22.7%
January
105
99
-6.0%
February
116
103
-11.1%
March
116
106
-8.2%
April
108
91
-15.7%
May
107
89
-16.9%
June
93
79
-15.4%
July
95
86
-9.5%
August
96
83
-13.8%
September
92
84
-8.5%
12-Month Avg
105
91
-12.5%
Historical Days on Market Until Sale 130
120
110
100
90
80
70 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
sample data from the greater greenville association of realtors® multiple listing service | 7 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.
September
$146,811
2011
Year To Date
$147,000
$155,000 $140,000
+0.1%
+5.4%
2012
2013
2011
Prior Year
Current Year
+/–
October
$143,610
$147,000
+2.4%
November
$138,000
$150,000
+8.7%
December
$135,000
$148,935
+10.3%
January
$144,400
$148,000
+2.5%
February
$135,000
$143,000
+5.9%
March
$144,000
$146,500
+1.7%
April
$141,000
$151,750
+7.6%
May
$144,700
$156,950
+8.5%
June
$159,900
$160,000
+0.1%
July
$156,000
$161,500
+3.5%
August
$156,500
$165,000
+5.4%
Month
$148,500
$155,000
+6.1%
+4.4%
2012
2013
September
$147,000
$155,000
+5.4%
12-Month Med
$146,500
$153,900
+5.1%
Historical Median Sales Price $165,000 $160,000 $155,000 $150,000 $145,000 $140,000 $135,000 $130,000 $125,000 $120,000 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
8 | sample data from the greater greenville association of realtors® multiple listing service All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
September $177,658
2011
Year To Date $170,058
$182,975
- 4.3%
+ 7.6%
2012
2013
$171,369
2011
Prior Year
Current Year
October
$164,667
$179,087
+8.8%
November
$161,660
$185,751
+14.9%
December
$163,911
$179,435
+9.5%
January
$182,159
$170,673
-6.3%
February
$161,712
$165,305
+2.2%
March
$169,938
$171,851
+1.1%
April
$175,862
$178,373
+1.4%
May
$169,876
$190,099
+11.9%
June
$190,196
$186,156
-2.1%
July
$192,189
$194,092
+1.0%
August
$177,284
$194,229
+9.6%
Month
$177,443
$183,447
+ 3.5%
+ 3.4%
2012
2013
+/–
September
$170,058
$182,975
+7.6%
12-Month Avg
$174,555
$183,007
+4.8%
Historical Average Sales Price $200,000 $195,000 $190,000 $185,000 $180,000 $175,000 $170,000 $165,000 $160,000 $155,000 $150,000 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
sample data from the greater greenville association of realtors® multiple listing service | 9 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 8
Percent of List Price Received Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
September 94.9%
Year To Date 96.1%
96.3% 95.4%
94.6%
2011
+1.2%
+0.2%
2012
2013
2011
96.1%
+0.8%
+0.8%
2012
2013
Month
Prior Year
Current Year
+/–
October
94.6%
95.2%
+0.7%
November
94.2%
95.6%
+1.5%
December
93.6%
95.2%
+1.7%
January
94.4%
95.4%
+1.1%
February
94.6%
95.8%
+1.2%
March
94.5%
96.5%
+2.1%
April
95.3%
95.9%
+0.6%
May
95.9%
95.7%
-0.2%
June
95.6%
96.3%
+0.7%
July
95.2%
96.5%
+1.4%
August
95.9%
96.3%
+0.5%
September
96.1%
96.3%
+0.2%
12-Month Avg
95.1%
96.0%
+0.9%
Historical Percent of List Price Received 98%
97%
96%
95%
94%
93%
92% 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
10 | sample data from the greater greenville association of realtors® multiple listing service All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 9
Housing Affordability Index 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.
September 172
2011
Year To Date 183
181
178 163
+6.5%
-10.8%
2012
2013
163
2011
Prior Year
Current Year
+/–
October
173
182
+4.9%
November
180
180
-0.3%
December
183
182
-0.7%
January
175
184
+4.8%
February
186
185
-0.8%
March
176
181
+3.2%
Month
+1.8%
-10.1%
2012
2013
April
181
179
-1.1%
May
180
169
-6.0%
June
167
157
-5.6%
July
172
157
-8.6%
August
171
153
-10.7%
September
183
163
-10.8%
12-Month Avg
177
173
-2.6%
Historical Housing Affordability Index 225
200
175
150
125 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
sample data from the greater greenville association of realtors® multiple listing service | 11 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 10
Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month.
September 6,756 5,964
2011
5,743
-11.7%
-3.7%
2012
2013
Month
Prior Year
Current Year
+/–
October
6,537
5,766
-11.8%
November
6,377
5,633
-11.7%
December
6,044
5,374
-11.1%
January
5,950
5,345
-10.2%
February
5,987
5,371
-10.3%
March
6,087
5,414
-11.1%
April
6,124
5,549
-9.4%
May
6,042
5,576
-7.7%
June
6,056
5,600
-7.5%
July
6,044
5,604
-7.3%
August
6,013
5,567
-7.4%
September
5,964
5,743
-3.7%
12-Month Avg
6,102
5,545
-9.1%
Historical Inventory of Homes for Sale 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
12 | sample data from the greater greenville association of realtors® multiple listing service All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 11
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.
September 12.2 9.5 7.8
2011
-21.8%
-18.1%
2012
2013
Month
Prior Year
Current Year
+/–
October
11.6
9.0
-22.8%
November
11.3
8.6
-23.6%
December
10.6
8.2
-23.3%
January
10.4
8.0
-23.1%
February
10.4
7.9
-23.5%
March
10.5
7.8
-25.3%
April
10.4
7.8
-25.2%
May
10.1
7.7
-24.2%
June
10.0
7.6
-24.4%
July
9.9
7.4
-25.3%
August
9.7
7.4
-24.4%
September
9.5
7.8
-18.1%
12-Month Avg
10.4
7.9
-23.6%
Historical Months Supply of Inventory 15 14 13 12 11 10 9 8 7 6 1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
sample data from the greater greenville association of realtors® multiple listing service | 13 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12
Closed Sales A count of the actual sales that have closed. Based on a rolling 12-month total.
By Price Range 9-2012
By Bedroom Count
9-2013
9-2012
By Property Type 9-2012
9-2013
8,514
2,823 4,968
2,286
6,730 2,057
1,484
3,915
1,857
1,801 1,332
9-2013
3,258 1,359
2,516
746
688
804
967 682
507
+ 11.4%
+ 8.4%
+ 26.9%
+ 36.6%
+ 37.2%
+ 20.3%
+ 26.9%
+ 29.5%
+ 26.5%
+ 34.5%
$75,000 and Below
$75,001 to $100,000
$100,001 to $150,000
$150,001 to $200,000
$200,001 and Above
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
Single-Family Homes
Condos
All Properties By Price Range $75,000 and Below
Single-Family Homes
Condos
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
1,332
1,484
+ 11.4%
1,227
1,378
+ 12.3%
105
106
+ 1.0%
$75,001 to $100,000
688
746
+ 8.4%
600
642
+ 7.0%
88
104
+ 18.2%
$100,001 to $150,000
1,801
2,286
+ 26.9%
1,657
2,086
+ 25.9%
144
200
+ 38.9%
$150,001 to $200,000
1,359
1,857
+ 36.6%
1,294
1,734
+ 34.0%
65
123
+ 89.2%
$200,001 and Above
2,057
2,823
+ 37.2%
1,952
2,674
+ 37.0%
105
149
+ 41.9%
All Price Ranges
7,237
9,196
+ 27.1%
6,730
8,514
+ 26.5%
507
682
+ 34.5%
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
804
967
+ 20.3%
532
635
+ 19.4%
272
332
+ 22.1% + 56.6%
By Bedroom Count 2 Bedrooms or Less 3 Bedrooms
3,915
4,968
+ 26.9%
3,703
4,636
+ 25.2%
212
332
4 Bedrooms or More
2,516
3,258
+ 29.5%
2,494
3,240
+ 29.9%
22
18
- 18.2%
All Bedroom Counts
7,237
9,196
+ 27.1%
6,730
8,514
+ 26.5%
507
682
+ 34.5%
14 | sample data from the greater greenville association of realtors速 multiple listing service
All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 2
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.
By Price Range 9-2012
By Bedroom Count
9-2013
9-2012
122
91
93
101
101 88
9-2012
9-2013 146
122
113 97
By Property Type
9-2013
109 98
104
101
94
87
82
104
101 91
+ 2.2%
- 20.0%
- 13.0%
- 18.5%
- 13.1%
- 10.9%
- 14.3%
- 9.9%
- 10.8%
- 28.6%
$75,000 and Below
$75,001 to $100,000
$100,001 to $150,000
$150,001 to $200,000
$200,001 and Above
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
Single-Family Homes
Condos
All Properties By Price Range
9-2012
9-2013
$75,000 and Below
91
93
$75,001 to $100,000
122
97
$100,001 to $150,000
101
88
$150,001 to $200,000
101
82
$200,001 and Above
113
All Price Ranges
By Bedroom Count
Single-Family Homes Change
9-2012
9-2013
+ 2.2%
88
- 20.0%
119
- 13.0%
97
- 18.5%
100
98
- 13.1%
105
91
Condos
Change
9-2012
9-2013
Change
92
+ 4.2%
130
114
- 12.3%
93
- 21.6%
140
124
- 11.7%
87
- 9.9%
143
90
- 37.1%
83
- 17.5%
118
77
- 34.4%
109
97
- 11.2%
187
125
- 33.5%
- 12.5%
101
91
- 10.8%
146
104
- 28.6%
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
2 Bedrooms or Less
122
109
- 10.9%
108
106
- 1.5%
151
115
- 24.0%
3 Bedrooms
101
87
- 14.3%
99
86
- 12.5%
143
91
- 36.0%
4 Bedrooms or More
104
94
- 9.9%
104
93
- 10.1%
108
141
+ 31.1%
All Bedroom Counts
105
91
- 12.5%
101
91
- 10.8%
146
104
- 28.6%
sample data from the greater greenville association of realtors速 multiple listing service | 15
All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 3
Median Sales Price Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.
By Bedroom Count 9-2012
By Property Type 9-2012
9-2013
$214,950
9-2013
$223,000 $146,500
$153,900
$148,900
$155,000 $133,400
$123,400 $128,500
$77,800
$134,000
$82,000
+ 5.4%
+ 4.3%
+ 3.7%
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
+ 5.1%
All Properties
+ 4.1%
All Properties p
Single-Family g y Homes
Single-Family Homes
+ 8.1% Condos
Condos
By Bedroom Count
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
2 Bedrooms or Less
$77,800
$82,000
+ 5.4%
$62,000
$65,500
+ 5.6%
$99,000
$110,000
+ 11.1%
3 Bedrooms
$128,500
$134,000
+ 4.3%
$128,000
$133,000
+ 3.9%
$134,450
$144,500
+ 7.5%
4 Bedrooms or More
$214,950
$223,000
+ 3.7%
$215,000
$223,000
+ 3.7%
$152,450
$166,788
+ 9.4%
All Bedroom Counts
$146,500
$153,900
+ 5.1%
$148,900
$155,000
+ 4.1%
$123,400
$133,400
+ 8.1%
16 | sample data from the greater greenville association of realtors速 multiple listing service
All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 4
Percent of List Price Received Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.
By Price Range 9-2012
By Bedroom Count
9-2013
9-2012
96.4%
96.9%
96.7%
97.4%
95.2% 95.4%
By Property Type 9-2012
9-2013 96.6%
96.8%
96.1%
96.0%
9-2013 96.0%
95.9%
95.7%
95.1%
93.3%
91.3% 90.2%
95.1%
92.5%
94.8%
+ 1.2%
+ 0.2%
+ 0.5%
+ 0.7%
+ 0.8%
+ 0.9%
+ 1.1%
+ 0.7%
+ 0.9%
+ 0.9%
$75,000 and Below
$75,001 to $100,000
$100,001 to $150,000
$150,001 to $200,000
$200,001 and Above
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
Single-Family Homes
Condos
All Properties By Price Range
9-2012
9-2013
Single-Family Homes Change
9-2012
9-2013
Change
Condos 9-2012
9-2013
Change
$75,000 and Below
90.2%
91.3%
+ 1.2%
90.1%
91.1%
+ 1.1%
92.0%
92.6%
+ 0.7%
$75,001 to $100,000
95.2%
95.4%
+ 0.2%
95.3%
95.4%
+ 0.1%
94.8%
95.0%
+ 0.2%
$100,001 to $150,000
96.4%
96.9%
+ 0.5%
96.5%
96.9%
+ 0.4%
95.9%
96.9%
+ 1.0%
$150,001 to $200,000
96.7%
97.4%
+ 0.7%
96.8%
97.5%
+ 0.7%
94.9%
96.7%
+ 1.9%
$200,001 and Above
96.0%
96.8%
+ 0.8%
96.0%
96.8%
+ 0.8%
96.0%
96.2%
+ 0.2%
All Price Ranges
95.1%
96.0%
+ 0.9%
95.1%
96.0%
+ 0.9%
94.8%
95.7%
+ 0.9%
By Bedroom Count
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
2 Bedrooms or Less
92.5%
93.3%
+ 0.9%
91.6%
92.5%
+ 1.0%
94.3%
94.8%
+ 0.5%
3 Bedrooms
95.1%
96.1%
+ 1.1%
95.1%
96.0%
+ 0.9%
95.6%
96.8%
+ 1.3%
4 Bedrooms or More
95.9%
96.6%
+ 0.7%
95.9%
96.6%
+ 0.7%
95.1%
94.5%
- 0.6%
All Bedroom Counts
95.1%
96.0%
+ 0.9%
95.1%
96.0%
+ 0.9%
94.8%
95.7%
+ 0.9%
sample data from the greater greenville association of realtors® multiple listing service | 17
All data from the Greater Greeville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.
By Price Range 9-2012
By Bedroom Count
9-2013
9-2012
2,355
2,489
By Property Type
9-2013
2,895
790
601
1,132
1,064
5,484
5,331
2,232
1,074 761
552
9-2013
2,850 2,308
1,203
9-2012
447
660 480
412
- 23.9%
- 19.0%
- 5.9%
+ 0.9%
+ 5.7%
- 13.3%
- 1.6%
- 3.3%
- 2.8%
- 14.2%
$75,000 and Below
$75,001 to $100,000
$100,001 to $150,000
$150,001 to $200,000
$200,001 and Above
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
Single-Family Homes
Condos
All Properties By Price Range
Single-Family Homes
Condos
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
$75,000 and Below
790
601
- 23.9%
726
544
- 25.1%
64
57
- 10.9%
$75,001 to $100,000
552
447
- 19.0%
463
377
- 18.6%
89
70
- 21.3%
$100,001 to $150,000
1,203
1,132
- 5.9%
1,069
1,021
- 4.5%
134
111
- 17.2%
$150,001 to $200,000
1,064
1,074
+ 0.9%
997
1,002
+ 0.5%
67
72
+ 7.5%
$200,001 and Above
2,355
2,489
+ 5.7%
2,229
2,387
+ 7.1%
126
102
- 19.0%
All Price Ranges
5,964
5,743
- 3.7%
5,484
5,331
- 2.8%
480
412
- 14.2%
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
761
660
- 13.3%
493
450
- 8.7%
268
210
- 21.6%
3 Bedrooms
2,895
2,850
- 1.6%
2,706
2,669
- 1.4%
189
181
- 4.2%
4 Bedrooms or More
2,308
2,232
- 3.3%
2,285
2,211
- 3.2%
23
21
- 8.7%
All Bedroom Counts
5,964
5,743
- 3.7%
5,484
5,331
- 2.8%
480
412
- 14.2%
By Bedroom Count 2 Bedrooms or Less
18 | sample data from the greater greenville association of realtors速 multiple listing service
All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 6
Months Supply of Inventory The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.
By Price Range 9-2012
By Bedroom Count
9-2013
9-2012
10.7 9.1 7.1
7.8 6.4
9-2013 10.5
10.4 9.4 8.5
8.8
7.8
9-2012
10.9
12.4
By Property Type
9-2013
8.7
8.6
7.8
7.2
7.6
7.0
5.4
- 30.4%
- 22.1%
- 18.6%
- 19.9%
- 13.6%
- 22.0%
- 17.3%
- 17.6%
- 17.2%
- 27.9%
$75,000 and Below
$75,001 to $100,000
$100,001 to $150,000
$150,001 to $200,000
$200,001 and Above
2 Bedrooms or Less
3 Bedrooms
4 Bedrooms or More
Single-Family Homes
Condos
All Properties By Price Range
9-2012
9-2013
Single-Family Homes Change
9-2012
9-2013
Change
Condos 9-2012
9-2013
Change
$75,000 and Below
7.8
5.4
- 30.4%
7.8
5.2
- 32.5%
8.0
8.0
- 0.6%
$75,001 to $100,000
9.1
7.1
- 22.1%
8.9
6.8
- 22.9%
11.0
9.2
- 16.2%
$100,001 to $150,000
7.8
6.4
- 18.6%
7.6
6.3
- 16.5%
10.3
6.6
- 36.0%
$150,001 to $200,000
8.8
7.0
- 19.9%
8.7
7.1
- 19.2%
9.6
6.7
- 30.0%
$200,001 and Above
12.4
10.7
- 13.6%
12.4
10.8
- 12.4%
13.1
8.5
- 35.4%
9.5
7.8
- 18.1%
9.4
7.8
- 17.2%
10.5
7.6
- 27.9%
9-2012
9-2013
Change
9-2012
9-2013
Change
9-2012
9-2013
Change
10.9
8.5
- 22.0%
10.8
8.9
- 18.0%
11.2
7.9
- 29.5%
3 Bedrooms
8.7
7.2
- 17.3%
8.6
7.2
- 16.4%
9.6
6.8
- 28.9%
4 Bedrooms or More
10.4
8.6
- 17.6%
10.4
8.5
- 17.9%
9.6
14.0
+ 46.1%
All Bedroom Counts
9.5
7.8
- 18.1%
9.4
7.8
- 17.2%
10.5
7.6
- 27.9%
All Price Ranges
By Bedroom Count 2 Bedrooms or Less
sample data from the greater greenville association of realtors速 multiple listing service | 19
All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 7
Market Trends Greater Kanawha Valley - September 2013
418 Goff Mountain Rd., Ste 204 Cross Lanes, WV 25313 Josh McGrath, Broker of Record
Josh McGrath
cell 304-419-1750 Broker of Record