Grand Strand Market Report
Grand Strand Market Report September 2016 Single Family Residential sales activity dipped as sales prices rise 4%. Year-to-date sales and sales price remain strong, up 3.6% and 3.3% respectively. Condo sales in September are flat with prices rising 3.3% compared to September 2015. Residential lot sales are up 15% compared to September 2015 but down 6.7% for the year. SFR sales volume dipped 9.4% in September which marked four consecutive months of decline as compared to 2015 record performance. Year-to-date, SFR sales are up 3.6% compared to 2015. Median sales price increased to $215,320, up 4% for the month, and up 3.3% in 2016. When compared to September 2015, sales prices for new construction and resales are up 7.6% and 3.9% respectively. Year-to-date, the median sales price for new construction has remained stable with resales up 6.6%. The average sold-to-list ratio for Single Family Residential sales in September was 96%, flat compared to the same month in 2015. Condo sales decreased 0.9% compared to September 2015 but are up 8.2% year-to-date compared to 2015. Condo inventory remained stable, only increasing by 0.1% in September. Median sales price increased 3.3% to $124,000 in September and maintained its growth at 3.5% for the year. The average sold to list ratio for condo sales in September was 93%, up 100 basis points compared to the same month in 2015. Residential lot sales were up 15% in September compared to 2015 but are down 6.7% year-todate. Median sales price saw an 8.2% decrease for the month compared to 2015 with the yearto-date sales price decreasing 4.7%. However, sold to list ratios are up 400 basis points for September and up 500 basis points for the year.
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
$215,320
Median Sales Price
$124,000
Research performed by
Median Sales Price
$44,500
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 4,472 759 5,231 $354,067 $257,400
Condo/Townhome Horry Co. Georgetown Total Average List Price Median List Price
Total Average List Price Median List Price
G’town Co. 65 118 330 155 91
Distribution by Price Range
# Listings 3,616 388 4,004 $200,958 $157,950
Residential Lot Horry Co. Georgetown
Less than $150k $150k- $250k $250k- $500k $500k- $1.0 MM $1 MM +
Horry Co. 668 1,686 1,600 408 110
Less than $100k $100k- $150k $150k- $200k $200k- $400k $400k- $750k $750k +
Horry Co. 904 915 602 999 165 31
G’town Co. 20 73 84 103 90 18
Distribution by Price Range
# Listings 1,370 619 1,989 $139,900 $74,900
Less than $25k $25k- $50k $50k- $75k $75k- $100k $100k- $175k $175k- 250k $250k +
Horry Co. 179 376 246 144 200 110 115
G’town Co. 63 87 57 72 120 87 133
3 Research performed by
Grand Strand Inventory Trends SFR Inventory - September 5,258
5,369
5,231
2014
2015
2016
4,888
4,717
2012
2013
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
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
Dec-11 4,340
Aug-16
Sep-16 5,231
Condo Inventory – September 4,364 4,213 4,143
2012
2013
2014
4,000
4,004
2015
2016
Historical Data Jun-10 5,748
6,000 5,500 5,000
Sep-16 4,004
Dec-13 3,930
4,500 4,000
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
3,500
4 Research performed by
Closed Sales – SFR September
Year to Date
678 555
2014
2015
614
4,372
2016
2014
5,286
5,475
2015
2016
Historical Data 800
Jun-15 756
700 600 500
Sep-16 614
Jan-09 149
400 300 200
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
100
Year Over Year 800 600 400 200 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
5 Research performed by
Median Sales Price – SFR September
Year to Date $207,500
$215,320 $200,798
$207,063
$190,000
$196,000
2014
2015
2014
2016
2015
2016
Historical Data $250,000 $240,000 $230,000 $220,000 $210,000 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000
Sep-16 $215,320 Jun-06 $242,310
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
Jan-06
Jan-10
Research performed by
Jan-13
Sep-16
May-16
Jan-16
Sep-15
May-15
2015
Jan-15
Sep-14
May-14
Jan-14
2014
Sep-13
September
May-13
95%
Sep-12
2016
May-12
Jan-12
Sep-11
May-11
Jan-11
Sep-10
May-10
2015
Sep-09
96%
May-09
Jan-09
Sep-08
May-08
2014
Jan-08
Sep-07
May-07
Jan-07
Sep-06
100 98 96 94 92 90 88 86 84 82 80
May-06
Sold to List Price Ratio – SFR Year to Date
96% 96%
95%
94%
2016
Historical Data
Jan-06 98%
Sep-16 96%
September-09 & Apr-11 86%
7
New Construction vs Resale – SFR % of Total Sales
September
Year to Date
63%
62%
68%
68%
65%
65%
37%
38%
32%
32%
35%
35%
2014
2015
2016
2014
2015
2016
New Construction
New Construction
Resale
Resale
Historical Data – % of Total Sales 90%
800
80%
Apr-13 78%
Sep-16 68%
70%
700 600
60%
Jun-13 64%
Dec-13 64%
500
50% 400 40%
Sep-16 32%
Dec-13 36%
Jun-13 36%
300
30% 200
20%
Apr-13 22%
100
10%
Total SFR Sales
% New Construction
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
September
$220,452 $176,500
$225,578 $192,500
2014
Year to Date
2016
New Construction
$229,000 $194,500
$182,500
$173,000
$200,000
2015
$229,090
$221,968
$242,800
2014
2015
Resale
2016
New Construction
Resale
Historical Data – Median Sales Price Mar-14 $249,440
$260,000
Sep-16 $242,800
$240,000 $220,000
Aug-12 $183,320
$200,000 Sep-16 $200,000
$180,000 Aug-14 $184,900
$160,000 $140,000
Nov-11 $145,000
New Construction
Jul-16
Sep-16
Mar-16
May-16
Jan-16
Nov-15
Jul-15
Sep-15
Mar-15
May-15
Jan-15
Sep-14
Nov-14
Jul-14
May-14
Jan-14
Mar-14
Sep-13
Nov-13
Jul-13
May-13
Jan-13
Mar-13
Nov-12
Jul-12
Sep-12
Mar-12
May-12
Jan-12
Nov-11
Sep-11
$120,000
Resale
9 Research performed by
Closed Sales – Condo September 426
Year to Date 422
3,802
3,513
3,168
361
2014
2015
2014
2016
2015
2016
Historical Data May-06 845
900 800 700
Sep-16 422
600 500 400 Jan-09 117
300 200
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
100
Year Over Year 600 500 400 300 200 100 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
10 Research performed by
Median Sales Price – Condo September
Year to Date $119,000
$124,000 $115,000
$120,000 $112,000
$117,000
2014
2015
2014
2016
2015
2016
Historical Data Jun-07 $249,921
$250,000 $200,000
Sep-16 $124,000
Nov-11 $93,450
$150,000 $100,000
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
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
Jan-06
$50,000
Sold to List Price Ratio – Condo September
Year to Date 93%
93% 92% 92%
92%
2014
2015
91%
2014
2016
2015
2016
Historical Data Apr-09 & September09 81%
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
Sep-16 93%
Apr-07
Nov-06
Jun-06
Jan-06
100 95 90 Mar-06 85 & Apr-06 98% 80 75
11 Research performed by
Closed Sales – Residential Lot September
Year to Date 115
113
823
776
100
2014
2015
768
2014
2016
2015
2016
Historical Data 300
Apr-06 266
250 200
Sep-16 115
150 100
Jan-09 11
50
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
0
Year Over Year 150 100 50 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
12 Research performed by
Median Sales Price – Residential Lot September $50,000
Year to Date $50,000
$48,500
$48,250 $46,000
$44,500
2014
2015
2014
2016
2015
2016
Historical Data Aug-06 $130,000
$150,000 $100,000
Sep-16 $44,500
Nov-11 $15,000
$50,000
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
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
Jan-06
$0
Sold to List Price Ratio – Residential Lot September
Year to Date 83%
82% 78%
78%
2014
2015
81% 78%
2014
2016
2015
2016
Historical Data Apr-06 99%
120 100
Sep-16 82%
80 60
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%
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
$215,320
Median Sales Price
$124,000
Research performed by
Median Sales Price
$44,500
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 4,472 759 5,231 $354,067 $257,400
Condo/Townhome Horry Co. Georgetown Total Average List Price Median List Price
Total Average List Price Median List Price
G’town Co. 65 118 330 155 91
Distribution by Price Range
# Listings 3,616 388 4,004 $200,958 $157,950
Residential Lot Horry Co. Georgetown
Less than $150k $150k- $250k $250k- $500k $500k- $1.0 MM $1 MM +
Horry Co. 668 1,686 1,600 408 110
Less than $100k $100k- $150k $150k- $200k $200k- $400k $400k- $750k $750k +
Horry Co. 904 915 602 999 165 31
G’town Co. 20 73 84 103 90 18
Distribution by Price Range
# Listings 1,370 619 1,989 $139,900 $74,900
Less than $25k $25k- $50k $50k- $75k $75k- $100k $100k- $175k $175k- 250k $250k +
Horry Co. 179 376 246 144 200 110 115
G’town Co. 63 87 57 72 120 87 133
3 Research performed by
Grand Strand Inventory Trends SFR Inventory - September 5,258
5,369
5,231
2014
2015
2016
4,888
4,717
2012
2013
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
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
Dec-11 4,340
Aug-16
Sep-16 5,231
Condo Inventory – September 4,364 4,213 4,143
2012
2013
2014
4,000
4,004
2015
2016
Historical Data Jun-10 5,748
6,000 5,500 5,000
Sep-16 4,004
Dec-13 3,930
4,500 4,000
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
3,500
4 Research performed by
Closed Sales – SFR September
Year to Date
678 555
2014
2015
614
4,372
2016
2014
5,286
5,475
2015
2016
Historical Data 800
Jun-15 756
700 600 500
Sep-16 614
Jan-09 149
400 300 200
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
100
Year Over Year 800 600 400 200 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
5 Research performed by
Median Sales Price – SFR September
Year to Date $207,500
$215,320 $200,798
$207,063
$190,000
$196,000
2014
2015
2014
2016
2015
2016
Historical Data $250,000 $240,000 $230,000 $220,000 $210,000 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000
Sep-16 $215,320 Jun-06 $242,310
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
Jan-06
Jan-10
Research performed by
Jan-13
Sep-16
May-16
Jan-16
Sep-15
May-15
2015
Jan-15
Sep-14
May-14
Jan-14
2014
Sep-13
September
May-13
95%
Sep-12
2016
May-12
Jan-12
Sep-11
May-11
Jan-11
Sep-10
May-10
2015
Sep-09
96%
May-09
Jan-09
Sep-08
May-08
2014
Jan-08
Sep-07
May-07
Jan-07
Sep-06
100 98 96 94 92 90 88 86 84 82 80
May-06
Sold to List Price Ratio – SFR Year to Date
96% 96%
95%
94%
2016
Historical Data
Jan-06 98%
Sep-16 96%
September-09 & Apr-11 86%
7
New Construction vs Resale – SFR % of Total Sales
September
Year to Date
63%
62%
68%
68%
65%
65%
37%
38%
32%
32%
35%
35%
2014
2015
2016
2014
2015
2016
New Construction
New Construction
Resale
Resale
Historical Data – % of Total Sales 90%
800
80%
Apr-13 78%
Sep-16 68%
70%
700 600
60%
Jun-13 64%
Dec-13 64%
500
50% 400 40%
Sep-16 32%
Dec-13 36%
Jun-13 36%
300
30% 200
20%
Apr-13 22%
100
10%
Total SFR Sales
% New Construction
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
September
$220,452 $176,500
$225,578 $192,500
2014
Year to Date
2016
New Construction
$229,000 $194,500
$182,500
$173,000
$200,000
2015
$229,090
$221,968
$242,800
2014
2015
Resale
2016
New Construction
Resale
Historical Data – Median Sales Price Mar-14 $249,440
$260,000
Sep-16 $242,800
$240,000 $220,000
Aug-12 $183,320
$200,000 Sep-16 $200,000
$180,000 Aug-14 $184,900
$160,000 $140,000
Nov-11 $145,000
New Construction
Jul-16
Sep-16
Mar-16
May-16
Jan-16
Nov-15
Jul-15
Sep-15
Mar-15
May-15
Jan-15
Sep-14
Nov-14
Jul-14
May-14
Jan-14
Mar-14
Sep-13
Nov-13
Jul-13
May-13
Jan-13
Mar-13
Nov-12
Jul-12
Sep-12
Mar-12
May-12
Jan-12
Nov-11
Sep-11
$120,000
Resale
9 Research performed by
Closed Sales – Condo September 426
Year to Date 422
3,802
3,513
3,168
361
2014
2015
2014
2016
2015
2016
Historical Data May-06 845
900 800 700
Sep-16 422
600 500 400 Jan-09 117
300 200
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
100
Year Over Year 600 500 400 300 200 100 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
10 Research performed by
Median Sales Price – Condo September
Year to Date $119,000
$124,000 $115,000
$120,000 $112,000
$117,000
2014
2015
2014
2016
2015
2016
Historical Data Jun-07 $249,921
$250,000 $200,000
Sep-16 $124,000
Nov-11 $93,450
$150,000 $100,000
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
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
Jan-06
$50,000
Sold to List Price Ratio – Condo September
Year to Date 93%
93% 92% 92%
92%
2014
2015
91%
2014
2016
2015
2016
Historical Data Apr-09 & September09 81%
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
Sep-16 93%
Apr-07
Nov-06
Jun-06
Jan-06
100 95 90 Mar-06 85 & Apr-06 98% 80 75
11 Research performed by
Closed Sales – Residential Lot September
Year to Date 115
113
823
776
100
2014
2015
768
2014
2016
2015
2016
Historical Data 300
Apr-06 266
250 200
Sep-16 115
150 100
Jan-09 11
50
Sep-16
May-16
Jan-16
Sep-15
Jan-15
May-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
May-11
Jan-11
Sep-10
Jan-10
May-10
Sep-09
May-09
Jan-09
Sep-08
Jan-08
May-08
Sep-07
May-07
Jan-07
Sep-06
Jan-06
May-06
0
Year Over Year 150 100 50 0 Jan
Feb
Mar
Apr
May
Jun
Jul
2015
2016
Aug
Sep
Oct
Nov
Dec
12 Research performed by
Median Sales Price – Residential Lot September $50,000
Year to Date $50,000
$48,500
$48,250 $46,000
$44,500
2014
2015
2014
2016
2015
2016
Historical Data Aug-06 $130,000
$150,000 $100,000
Sep-16 $44,500
Nov-11 $15,000
$50,000
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
Jul-08
Dec-08
Feb-08
Sep-07
Apr-07
Jun-06
Nov-06
Jan-06
$0
Sold to List Price Ratio – Residential Lot September
Year to Date 83%
82% 78%
78%
2014
2015
81% 78%
2014
2016
2015
2016
Historical Data Apr-06 99%
120 100
Sep-16 82%
80 60
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%
13 Research performed by
