August 2018 MLS Statistical Report
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1 January February March April May June July August Septem October Novem Decem August 218 MLS Statistical Report Total Sales Overall, sales are down 3%; however, total volume sold is up 7% and Median Sale price is up 9%. Total Sales Aug' % Aug' % Aug' % Total Sales - M-O-M Under Contract Overall, UC listings are holding steady month to month; however, yearly UC's are up 1%. Y-O-Y Under Contract Aug' % Aug' % Aug' % Total Listings Under Contract Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Residential Inventory Inventory is the highest it's been in 16 months. Something to watch. Active Residential Inventory Aug' % Aug' % Aug' % 2 1 Active Residential Inventory Data Obtained: September, 218 Note: This report reflects corrections / updates to previous data.
2 Residential Property Sales Residential Sales Monthly sales are down slightly; however, yearly sales are up 1%. Residential Sales Aug' % Aug' % Aug' % Residential Unit Sales Absorption Rate in Weeks Absorption Rate Definition: The number of weeks it takes to sell the current inventory at the present rate of sales OR Total Active Listings ((Units sold last month * 12 months) / 2 weeks) Days on the market Days on the market are trending upwards; however, the days on the market value is still low. Avg Days on Market Aug' % Aug' % Aug' % Average Days on Market
3 Lots / Land Sales Sales are definitely trending downward; however, the total volume sold is up by 21%. Lots / Land Sales Aug' % Aug' % Aug' % Lots / Land Lot / Land Sales Land - Median Sale Price Average / Median Sale Price Although sales are down, the average sale price is up by 36% and the median sale price is up by 27%. Lots / Land Median Price Aug'18 $93, 13% Aug'17 $82,9 11% Aug'16 $7, 4% $1, $1, $, $ Land - Average Sale Price Series1 Series2 Series3 Series4
4 Distressed Property Distressed Inventory Inventory Distressed Sale Inventory Aug ' % Aug ' % Aug ' % Distressed Sales Distressed Sale Aug ' % Aug '17-44% Aug ' % Distressed Sales Foreclosures Foreclosure Sales Aug '18 6-2% Aug ' % Aug ' % Dare County Foreclosures
5 May 218 New Construction Building Permit Value KDH - UnIncorporated - 18 Roanoke Island -18 Hatteras Island -18 Duck - 18 Kitty Hawk-18 Kill Devil Hills -18 Nags Head-18 Southern Shores-18 Manteo - 18 $ $2,, $4,, $6,, $8,, $1,, 218 Number of Building Permits Total 217 Total Kill Devil Hills - 18 Kill Devil Hills - 17 KDH - UnIncorporated - 18 KDH - UnIncorporated -17 Roanoke Island - 18 Roanoke Island -17 Hatteras Island - 18 Hatteras Island - 17 Southern Shores - 18 Southern Shores - 17 Nags Head - 18 Nags Head - 17 Kitty Hawk - 18 Kitty Hawk - 17 Duck -18 Duck - 17 Manteo-18 Manteo
6 Units Sold Outer Banks Towns / Areas Corolla % % % 218 $12, 7% 217 $477, 12% 216 $42, -14% Town of Duck % % % 218 $, 8% 217 $466, -2% 216 $477, 8%
7 Units Sold Town of Southern Shores % % % 218 $41, -2% 217 $42, -1% 216 $422, 17% Town of Kitty Hawk % % % 218 $34, 1% 217 $31, 2% 216 $3, -1% 2 1 1
8 Units Sold Colington % % % 218 $27, 8% 217 $2, 9% 216 $234, -2% Town of Kill Devil Hills % % % 218 $28, 2% 217 $27, 2% 216 $268, 14%
9 Units Sold Town of Nags Head % % % 218 $382,4 % 217 $384, 1% 216 $382, % Hatteras Island % % % 218 $3, % 217 $3, 13% 216 $271, 3%
10 Units Sold Roanoke Island % % % 218 $28, -1% 217 $283,3 7% 216 $26, 8% Currituck Mainland % % % 218 $249,9 4% 217 $239,9 1% 216 $238, 8%
11 Ocracoke Island % % % 218 $268,7-13% 217 $31, -1% 216 $312,812 14%
Inventory Levels - All Prices. Inventory Levels - By Price Range
Inventory Levels - All Prices Idaho Falls Bonneville Total 7-Apr-17 154 111 265 6-Apr-18 113 91 204-23% Inventory Levels - By Price Range 7-Apr-17 6-Apr-18 0-100,000 36 10 100,001-125,000 13 9 125,001-150,000
Inventory Levels - All Prices. Inventory Levels - By Price Range
Inventory Levels - All Prices Idaho Falls Bonneville Total 3-Mar-17 152 108 260 2-Mar-18 109 78 187-28% Inventory Levels - By Price Range 3-Mar-17 2-Mar-18 0-100,000 41 6 100,001-125,000 19 8 125,001-150,000
Inventory Levels - All Prices. Inventory Levels - By Price Range
Inventory Levels - All Prices Idaho Falls Bonneville Total 3-Nov-17 198 128 326 2-Nov-18 155 134 289-11% Inventory Levels - By Price Range 3-Nov-17 2-Nov-18 0-100,000 17 11 100,001-125,000 15 9 125,001-150,000
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ly Market Detail - June 218 Summary Statistics June 218 June 217 Paid in Cash 1,335 1,346 -.8% 286 33-5.6% $355, $335, 6.% Average Sale Price Dollar Volume $598,494 $57,82 18.% $799. Million $682.5 Million
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ly Market Detail - June 218 Summary Statistics June 218 June 217 Paid in Cash 1,257 1,323-5.% 657 682-3.7% $24, $235, 2.1% Average Sale Price Dollar Volume $439,546 $384,319 14.4% $552.5 Million $58.5
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