Grand Strand Market Report - SiteTech Systems
Grand Strand Market Report March 2017 March is the strongest month of the year so far in 2017. SFR sales activity maintains its positive trend. Condo sales volume and median sales price experience a big jump of 35.9% and 22.6%, respectively. SFR sales volume is up 8.8% compared to March 2016 and up 5.9% year-to-date. Median sales price is up to $211,000, a 0.5% increase from March 2016. Sales prices for new construction are also up 6.9% when compared to March 2016. The average sold-to-list ratio for Single Family Residential sales in March was 95%, flat compared to the same month in 2016. SFR inventory is up seasonally but remains tight as inventory is down 4.3% from 2016. Condo sales activity and the median sales price increased 35.9% and 22.6%, respectively, compared to March 2016. Year-to-date, condo sales are up 22.6% and condo median sales prices are up 11.8%. Condo inventory continued to tighten as inventory is down as compared to prior year levels: down 6.1% compared to March 2016. It is expected that inventory will increase slightly over the next six months due to seasonality. The average sold to list ratio for condo sales in March was 94%, up 100 basis points compared to the same month in 2016. Residential lot sales were up 7.8% in March compared to 2016. However, the median sales price dropped to $52,500, down 0.9% compared to the same month in 2016. Sold to list ratios are up to 82%, up 100 basis points from March 2016.
At a glance… SFR Sales Month
Inventory
YTD
Month
Condo Sales Inventory Month
YTD
Month
Residential Lot Sales Inventory Month
YTD
Month
Median Sales Price
$211,000
Median Sales Price
$132,000
Research performed by
Median Sales Price
$52,500
Contents Active Inventory Inventory Trends – SFR & Condo Closed Sales – SFR Median Sales Price – SFR Sold to List Price Ratio – SFR New Construction vs Resale – SFR % of Total Sales Median Sales Price
3
Closed Sales – Condo Median Sales Price – Condo Sold to List Price Ratio – Condo
10
Closed Sales – Residential Lot Median Sales Price – Residential Lot Sold to List Price Ratio – Residential Lot
12
4 5 6 7 8 9
11 11
13 13
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2 Research performed by
Grand Strand Active Inventory Single Family Residential Horry Co. Georgetown Total Average List Price Median List Price
Distribution by Price Range
# Listings 4,429 746 5,175 $355,453 $259,900
Condo/Townhome Horry Co. Georgetown Total Average List Price Median List Price
Total Average List Price Median List Price
G’town Co. 65 98 340 154 89
Distribution by Price Range
# Listings 3,498 389 3,887 $201,538 $159,900
Residential Lot Horry Co. Georgetown
Less than $150k $150k- $250k $250k- $500k $500k- $1.0 MM $1 MM +
Horry Co. 580 1,735 1,613 399 102
Less than $100k $100k- $150k $150k- $200k $200k- $400k $400k- $750k $750k +
Horry Co. 833 873 624 990 149 29
G’town Co. 21 78 77 105 94 14
Distribution by Price Range
# Listings 1,370 601 1,971 $135,614 $74,900
Less than $25k $25k- $50k $50k- $75k $75k- $100k $100k- $175k $175k- 250k $250k +
Horry Co. 174 361 257 110 215 128 125
G’town Co. 65 69 68 71 131 82 115
3 Research performed by
Grand Strand Inventory Trends SFR Inventory - March 5,406
5,316
5,175 5,000 4,829
2013
2014
2015
2016
2017
Historical Data 5,800 5,600 5,400 5,200 5,000 4,800 4,600 4,400 4,200 4,000
May-10 5,453
Feb-17
Aug-16
May-16
Feb-16
Nov-15
Aug-15
May-15
Feb-15
Nov-14
Aug-14
May-14
Feb-14
Nov-13
Aug-13
May-13
Feb-13
Nov-12
Aug-12
May-12
Feb-12
Nov-11
Aug-11
May-11
Feb-11
Nov-10
Aug-10
May-10
Nov-16
Mar-17 5,175
Dec-11 4,340
Condo Inventory – March 4,231
4,228
4,140
4,104
3,887
2013
2014
2015
2016
2017
Historical Data Jun-10 5,748
6,000 5,500 5,000
Dec-13 3,930
4,500
Mar-17 3,887
4,000 3,500
4 Research performed by
Feb-17
Nov-16
Aug-16
May-16
Feb-16
Nov-15
Aug-15
May-15
Feb-15
Nov-14
Aug-14
May-14
Feb-14
Nov-13
Aug-13
May-13
Feb-13
Nov-12
Aug-12
May-12
Feb-12
Nov-11
Aug-11
May-11
Feb-11
Nov-10
Aug-10
May-10
3,000
Closed Sales – SFR March
Year to Date 669
1,605 1,515
615 1,377
572
2015
2016
2015
2017
2016
2017
Historical Data 900 800
Mar-17 669
Jun-15 756
700 600 500
Jan-09 149
400 300 200
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
100
Year Over Year 800 600 400 200 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
5 Research performed by
Median Sales Price – SFR March
Year to Date $211,000
$210,000
$210,000 $206,995
$193,356 $190,000
2015
2016
2015
2017
2016
2017
Historical Data $250,000 $240,000 $230,000 $220,000 $210,000 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000
Mar-17 $211,000 Jun-06 $242,310
Nov-16
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Jan-06
Sep-12 $160,163
6 Research performed by
100 98 96 94 92 90 88 86 84 82 80
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
Sold to List Price Ratio – SFR March
95%
2015 95%
2016
Year to Date
95% 96%
95%
94%
2017 2015
Research performed by 2016 2017
Historical Data
Jan-06 98%
Mar-17 95%
March-09 & Apr-11 86%
7
New Construction vs Resale – SFR % of Total Sales
March
Year to Date
67%
60%
68%
67%
61%
65%
33%
40%
32%
33%
39%
35%
2015
2016
2017
2015
2016
2017
New Construction
New Construction
Resale
Resale
Historical Data – % of Total Sales 90%
800
80%
Apr-13 78%
Mar-17 68%
70%
700 600
60%
Jun-13 64%
Dec-13 64%
500
50% 400 40%
Dec-13 36%
Jun-13 36%
300
30% Mar-17 32%
20%
Apr-13 22%
200 100
10%
Total SFR Sales
% New Construction
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
0
Sep-11
0%
% Resale
8 Research performed by
New Construction vs Resale – SFR Median Sales Price
March
Year to Date $230,055
$236,997 $169,500
$224,500 $195,000
2015
2016
2017
New Construction
2015
Resale
$195,000
$189,000
$170,000
$195,000
$229,000
$229,000
$240,000
2016
2017
New Construction
Resale
Historical Data – Median Sales Price $280,000 Mar-17 $240,000
$249,440
$260,000 $240,000 $220,000
$183,320
$200,000 $180,000
Mar-17 $195,000
$160,000
New Construction
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
$120,000
Nov-11 $145,000
Sep-11
$140,000
Aug-14 $184,900
Resale
9 Research performed by
Closed Sales – Condo March
Year to Date 557
419
413
2015
2016
1,242
2017
952
1,013
2015
2016
2017
Historical Data May-06 845
900 800
Mar-17 557
700 600 500 400 Jan-09 117
300 200
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
100
Year Over Year 600 500 400 300 200 100 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
10 Research performed by
Median Sales Price – Condo March
Year to Date $128,000 $132,000 $114,500
$115,000
$110,000
$112,000
2015
2016
2015
2017
2016
2017
Historical Data Jun-07 $249,921
$250,000 $200,000
Mar-17 $132,000
Nov-11 $93,450
$150,000 $100,000
Jun-16
Nov-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Apr-12
Sep-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
$50,000
Sold to List Price Ratio – Condo March
Year to Date 93%
94%
93%
92%
91%
91%
2015
2016
2015
2017
2016
2017
Historical Data 100 95 90 85 80 75
Apr-09 & March-09 81%
Nov-16
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Mar-17 94%
11 Research performed by
Closed Sales – Residential Lot March
Year to Date
104
251 83
77
225
2015
2016
220
2015
2017
2016
2017
Historical Data 300
Apr-06 266
250 200
Mar-17 83
150 100
Jan-09 11
50
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
0
Year Over Year 100 80 60 40 20 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
12 Research performed by
Median Sales Price – Residential Lot March
Year to Date
$53,000
$46,500
$52,500
$45,000
2015
2016
$45,000
$45,000
2015
2016
2017
2017
Historical Data Aug-06 $130,000
$150,000 $100,000
Mar-17 $52,500
Nov-11 $15,000
$50,000
Jun-16
Nov-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Jul-08
Dec-08
Feb-08
Apr-07
Sep-07
Nov-06
Jan-06
Jun-06
$0
Sold to List Price Ratio – Residential Lot March
Year to Date 84% 82%
81%
80%
81% 80%
2015
2016
2015
2017
2016
2017
Historical Data Apr-06 99%
120 100 80
Mar-17 82%
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Jan-06
40
Apr-12
Nov-11 47%
Nov-16
60
13 Research performed by
At a glance… SFR Sales Month
Inventory
YTD
Month
Condo Sales Inventory Month
YTD
Month
Residential Lot Sales Inventory Month
YTD
Month
Median Sales Price
$211,000
Median Sales Price
$132,000
Research performed by
Median Sales Price
$52,500
Contents Active Inventory Inventory Trends – SFR & Condo Closed Sales – SFR Median Sales Price – SFR Sold to List Price Ratio – SFR New Construction vs Resale – SFR % of Total Sales Median Sales Price
3
Closed Sales – Condo Median Sales Price – Condo Sold to List Price Ratio – Condo
10
Closed Sales – Residential Lot Median Sales Price – Residential Lot Sold to List Price Ratio – Residential Lot
12
4 5 6 7 8 9
11 11
13 13
Be sure to check out our website for daily updates and breaking news in the real estate and financial markets, also… “Like” us on Facebook – www.facebook.com/SiteTechSystems Follow us on Twitter – @SiteTechSystems www.sitetechsystems.com
2 Research performed by
Grand Strand Active Inventory Single Family Residential Horry Co. Georgetown Total Average List Price Median List Price
Distribution by Price Range
# Listings 4,429 746 5,175 $355,453 $259,900
Condo/Townhome Horry Co. Georgetown Total Average List Price Median List Price
Total Average List Price Median List Price
G’town Co. 65 98 340 154 89
Distribution by Price Range
# Listings 3,498 389 3,887 $201,538 $159,900
Residential Lot Horry Co. Georgetown
Less than $150k $150k- $250k $250k- $500k $500k- $1.0 MM $1 MM +
Horry Co. 580 1,735 1,613 399 102
Less than $100k $100k- $150k $150k- $200k $200k- $400k $400k- $750k $750k +
Horry Co. 833 873 624 990 149 29
G’town Co. 21 78 77 105 94 14
Distribution by Price Range
# Listings 1,370 601 1,971 $135,614 $74,900
Less than $25k $25k- $50k $50k- $75k $75k- $100k $100k- $175k $175k- 250k $250k +
Horry Co. 174 361 257 110 215 128 125
G’town Co. 65 69 68 71 131 82 115
3 Research performed by
Grand Strand Inventory Trends SFR Inventory - March 5,406
5,316
5,175 5,000 4,829
2013
2014
2015
2016
2017
Historical Data 5,800 5,600 5,400 5,200 5,000 4,800 4,600 4,400 4,200 4,000
May-10 5,453
Feb-17
Aug-16
May-16
Feb-16
Nov-15
Aug-15
May-15
Feb-15
Nov-14
Aug-14
May-14
Feb-14
Nov-13
Aug-13
May-13
Feb-13
Nov-12
Aug-12
May-12
Feb-12
Nov-11
Aug-11
May-11
Feb-11
Nov-10
Aug-10
May-10
Nov-16
Mar-17 5,175
Dec-11 4,340
Condo Inventory – March 4,231
4,228
4,140
4,104
3,887
2013
2014
2015
2016
2017
Historical Data Jun-10 5,748
6,000 5,500 5,000
Dec-13 3,930
4,500
Mar-17 3,887
4,000 3,500
4 Research performed by
Feb-17
Nov-16
Aug-16
May-16
Feb-16
Nov-15
Aug-15
May-15
Feb-15
Nov-14
Aug-14
May-14
Feb-14
Nov-13
Aug-13
May-13
Feb-13
Nov-12
Aug-12
May-12
Feb-12
Nov-11
Aug-11
May-11
Feb-11
Nov-10
Aug-10
May-10
3,000
Closed Sales – SFR March
Year to Date 669
1,605 1,515
615 1,377
572
2015
2016
2015
2017
2016
2017
Historical Data 900 800
Mar-17 669
Jun-15 756
700 600 500
Jan-09 149
400 300 200
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
100
Year Over Year 800 600 400 200 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
5 Research performed by
Median Sales Price – SFR March
Year to Date $211,000
$210,000
$210,000 $206,995
$193,356 $190,000
2015
2016
2015
2017
2016
2017
Historical Data $250,000 $240,000 $230,000 $220,000 $210,000 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000
Mar-17 $211,000 Jun-06 $242,310
Nov-16
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Jan-06
Sep-12 $160,163
6 Research performed by
100 98 96 94 92 90 88 86 84 82 80
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
Sold to List Price Ratio – SFR March
95%
2015 95%
2016
Year to Date
95% 96%
95%
94%
2017 2015
Research performed by 2016 2017
Historical Data
Jan-06 98%
Mar-17 95%
March-09 & Apr-11 86%
7
New Construction vs Resale – SFR % of Total Sales
March
Year to Date
67%
60%
68%
67%
61%
65%
33%
40%
32%
33%
39%
35%
2015
2016
2017
2015
2016
2017
New Construction
New Construction
Resale
Resale
Historical Data – % of Total Sales 90%
800
80%
Apr-13 78%
Mar-17 68%
70%
700 600
60%
Jun-13 64%
Dec-13 64%
500
50% 400 40%
Dec-13 36%
Jun-13 36%
300
30% Mar-17 32%
20%
Apr-13 22%
200 100
10%
Total SFR Sales
% New Construction
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
0
Sep-11
0%
% Resale
8 Research performed by
New Construction vs Resale – SFR Median Sales Price
March
Year to Date $230,055
$236,997 $169,500
$224,500 $195,000
2015
2016
2017
New Construction
2015
Resale
$195,000
$189,000
$170,000
$195,000
$229,000
$229,000
$240,000
2016
2017
New Construction
Resale
Historical Data – Median Sales Price $280,000 Mar-17 $240,000
$249,440
$260,000 $240,000 $220,000
$183,320
$200,000 $180,000
Mar-17 $195,000
$160,000
New Construction
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
$120,000
Nov-11 $145,000
Sep-11
$140,000
Aug-14 $184,900
Resale
9 Research performed by
Closed Sales – Condo March
Year to Date 557
419
413
2015
2016
1,242
2017
952
1,013
2015
2016
2017
Historical Data May-06 845
900 800
Mar-17 557
700 600 500 400 Jan-09 117
300 200
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
100
Year Over Year 600 500 400 300 200 100 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
10 Research performed by
Median Sales Price – Condo March
Year to Date $128,000 $132,000 $114,500
$115,000
$110,000
$112,000
2015
2016
2015
2017
2016
2017
Historical Data Jun-07 $249,921
$250,000 $200,000
Mar-17 $132,000
Nov-11 $93,450
$150,000 $100,000
Jun-16
Nov-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Apr-12
Sep-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
$50,000
Sold to List Price Ratio – Condo March
Year to Date 93%
94%
93%
92%
91%
91%
2015
2016
2015
2017
2016
2017
Historical Data 100 95 90 85 80 75
Apr-09 & March-09 81%
Nov-16
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Mar-17 94%
11 Research performed by
Closed Sales – Residential Lot March
Year to Date
104
251 83
77
225
2015
2016
220
2015
2017
2016
2017
Historical Data 300
Apr-06 266
250 200
Mar-17 83
150 100
Jan-09 11
50
Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17
0
Year Over Year 100 80 60 40 20 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2016
2017
Aug
Sep
Oct
Nov
Dec
12 Research performed by
Median Sales Price – Residential Lot March
Year to Date
$53,000
$46,500
$52,500
$45,000
2015
2016
$45,000
$45,000
2015
2016
2017
2017
Historical Data Aug-06 $130,000
$150,000 $100,000
Mar-17 $52,500
Nov-11 $15,000
$50,000
Jun-16
Nov-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Apr-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Jul-08
Dec-08
Feb-08
Apr-07
Sep-07
Nov-06
Jan-06
Jun-06
$0
Sold to List Price Ratio – Residential Lot March
Year to Date 84% 82%
81%
80%
81% 80%
2015
2016
2015
2017
2016
2017
Historical Data Apr-06 99%
120 100 80
Mar-17 82%
Jun-16
Jan-16
Aug-15
Mar-15
Oct-14
May-14
Dec-13
Jul-13
Feb-13
Sep-12
Nov-11
Jun-11
Jan-11
Aug-10
Mar-10
Oct-09
May-09
Dec-08
Jul-08
Feb-08
Sep-07
Apr-07
Nov-06
Jun-06
Jan-06
40
Apr-12
Nov-11 47%
Nov-16
60
13 Research performed by
