march 2012 union county vacant lot market report

8/2/2019 March 2012 Union County Vacant Lot Market Report

1/20

Feb-12

12,375

Feb-11

21,750

%

-43%

Change

-9,375

Feb-11 vs. Feb-12: The median sold price is down 43%Median Sold Price by Month

Keller Williams Realty Mountain Properties

Feb-11 vs. Feb-12

Chad Lariscy

Clarus MarketMetrics 1 of 2 03/06/2012

Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAll

Sq Ft:

Union

Lots/Land: (Vacant Lot, River Access Lot, Subdivision Being Developed, Lake Front Lot, Lake Access Lot)

Period: All All

Property Types:

Counties:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)NEGMLS

1 of 20


2/20


3/20

Feb-11 vs. Feb-12: The median price of for sale properties has not changed and the median price of sold properties is down


Feb-11 vs. Feb-12

40,000 0%

Chad Lariscy

40,000

Feb-12

Median For Sale vs. Median Sold

ChangeFeb-11 %

0

Feb-11 Feb-12 %

21,750 -43%

Feb-11 vs. Feb-12

12,375

Change

-9,375




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


3 of 20


4/20

Median For Sale vs. Median SoldFeb-11 vs. Feb-12: The median price of for sale properties has not changed and the median price of sold properties is down

Keller Williams Realty Mountain PropertiesChad Lariscy

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Feb-12 659 440,000 12,375 -27,625

Jan-12 647 739,900 18,500 -21,400

Dec-11 725 2839,900 25,000 -14,900

Nov-11 795 1342,900 12,500 -30,400

Oct-11 834 742,250 17,000 -25,250

Sep-11 833 1444,000 19,750 -24,250

Aug-11 880 1141,500 15,500 -26,000

Jul-11 881 641,500 14,498 -27,003

Jun-11 914 2741,950 10,890 -31,060

May-11 958 1139,900 21,000 -18,900

Apr-11 957 839,995 23,250 -16,745

Mar-11 971 1139,900 19,000 -20,900

Feb-11 1,016 1040,000 21,750 -18,250

Clarus MarketMetrics


2 of 2 03/06/2012

4 of 20


5/20

Feb-12

4

Feb-11

10

%

-60%

Change

-6

Feb-11 vs. Feb-12: The number of Sold properties is down 60%Sold Properties by Month


Feb-11 vs. Feb-12

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


5 of 20


6/20

Sold Properties by MonthFeb-11 vs. Feb-12: The number of Sold properties is down 60%


Time Period # Properties Median Price Average DOM

Feb-12 12,3754 63

Jan-12 18,5007 624

Dec-11 25,00028 567

Nov-11 12,50013 446

Oct-11 17,0007 230

Sep-11 19,75014 453

Aug-11 15,50011 411

Jul-11 14,4986 148Jun-11 10,89027 329

May-11 21,00011 82

Apr-11 23,2508 158

Mar-11 19,00011 222

Feb-11 21,75010 722

Clarus MarketMetrics 2 of 2 03/06/2012Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 20


7/20

Feb-12

8

Feb-11

10

%

-20%

Change

-2

Feb-11 vs. Feb-12: The number of Under Contract properties is down 20%Under Contract Properties by Month


Feb-11 vs. Feb-12

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


7 of 20


8/20

Under Contract Properties by MonthFeb-11 vs. Feb-12: The number of Under Contract properties is down 20%


Time Period # Properties Median Price Average DOMFeb-12 16,8258 450

Jan-12 12,90011 143

Dec-11 26,95028 636

Nov-11 21,0008 367

Oct-11 18,70010 449

Sep-11 35,0009 369

Aug-11 19,90012 493

Jul-11 26,40012 259Jun-11 24,90013 266

May-11 21,00021 178

Apr-11 27,90010 409

Mar-11 24,95012 205

Feb-11 22,95010 372


8 of 20


9/20

Feb-12

34

Feb-11

44

%

-23%

Change

-10

Feb-11 vs. Feb-12: The number of New properties is down 23%New Properties by Month


Feb-11 vs. Feb-12

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


9 of 20


10/20

New Properties by MonthFeb-11 vs. Feb-12: The number of New properties is down 23%


Time Period # Properties Median PriceFeb-12 32,94434

Jan-12 69,00048

Dec-11 14,48220

Nov-11 27,32520

Oct-11 17,12530

Sep-11 35,70018

Aug-11 30,95026

Jul-11 39,50023Jun-11 39,11254

May-11 31,00042

Apr-11 49,25032

Mar-11 19,99567

Feb-11 29,90044


10 of 20


11/20

Feb-12

659

Feb-11

1,016

%

-35%

Change

-357

Feb-11 vs. Feb-12: The number of For Sale properties is down 35%For Sale Properties by Month


Feb-11 vs. Feb-12

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


11 of 20


12/20

For Sale Properties by MonthFeb-11 vs. Feb-12: The number of For Sale properties is down 35%


Time Period # Properties Median Price Average DOMFeb-12 40,000659 498

Jan-12 39,900647 489

Dec-11 39,900725 564

Nov-11 42,900795 558

Oct-11 42,250834 539

Sep-11 44,000833 528

Aug-11 41,500880 532

Jul-11 41,500881 512Jun-11 41,950914 496

May-11 39,900958 496

Apr-11 39,995957 483

Mar-11 39,900971 469

Feb-11 40,0001,016 450


12 of 20


13/20

Feb-12

35

Feb-11

102

%

-66%

Change

-67

Feb-11 vs. Feb-12: The number of Expired properties is down 66%Expired Properties by Month


Feb-11 vs. Feb-12

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


13 of 20


14/20

Expired Properties by MonthFeb-11 vs. Feb-12: The number of Expired properties is down 66%


Time Period Median Price# Properties Average DOMFeb-12 35,85035 375

Jan-12 28,90011 407

Dec-11 48,25098 960

Nov-11 49,90082 623

Oct-11 39,90049 475

Sep-11 39,90020 587

Aug-11 35,00053 879

Jul-11 43,50015 354Jun-11 42,90043 606

May-11 34,90077 561

Apr-11 49,00031 345

Mar-11 41,06634 545

Feb-11 37,000102 265


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15/20

Feb-11 vs. Feb-12: The number of for sale properties is down 35% and the number of sold properties is down 60%


Feb-11 vs. Feb-12

1,016 -35%

Chad Lariscy

659

Feb-12

Supply & Demand by Month

ChangeFeb-11 %

-357

Feb-11 Feb-12 %

10 -60%

Feb-11 vs. Feb-12

4

Change

-6



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


15 of 20


16/20

Supply & Demand by MonthFeb-11 vs. Feb-12: The number of for sale properties is down 35% and the number of sold properties is down 60%

Chad Lariscy Keller Williams Realty Mountain Properties

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Feb-12 498 63659 4

Jan-12 489 624647 7

Dec-11 564 567725 28

Nov-11 558 446795 13

Oct-11 539 230834 7

Sep-11 528 453833 14

Aug-11 532 411880 11

Jul-11 512 148881 6

Jun-11 496 329914 27

May-11 496 82958 11

Apr-11 483 158957 8

Mar-11 469 222971 11

Feb-11 450 7221,016 10


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K ll Willi R lt M t i P tiCh d L i


17/20

Feb-12

450

Feb-11

372

%

+21%

Change

78

Feb-11 vs. Feb-12: The average days on market is up 21%The Average Days on Market by Month


Feb-11 vs. Feb-12

Chad Lariscy



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


17 of 20



18/20

The Average Days on Market by MonthFeb-11 vs. Feb-12: The average days on market is up 21%


Time Period # UC UnitsAverage DOM

Feb-12 8450

Jan-12 11143

Dec-11 28636

Nov-11 8367

Oct-11 10449

Sep-11 9369

Aug-11 12493

Jul-11 12259

Jun-11 13266

May-11 21178

Apr-11 10409

Mar-11 12205

Feb-11 10372


18 of 20



19/20

Feb-11 vs. Feb-12: The average months supply of inventory is down 15%


Feb-11 vs. Feb-12

90.4 -15%

Chad Lariscy

77.0

Feb-12

Months Supply of Inventory

ChangeFeb-11 %

-13.4



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


19 of 20



20/20

Months Supply of InventoryFeb-11 vs. Feb-12: The average months supply of inventory is down 15%


Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Feb-12 8 450616 77.0

Jan-12 11 143625 56.8

Dec-11 28 636599 21.4

Nov-11 8 367705 88.1

Oct-11 10 449775 77.5

Sep-11 9 369804 89.3

Aug-11 12 493815 67.9

Jul-11 12 259854 71.2

Jun-11 13 266858 66.0

May-11 21 178860 41.0

Apr-11 10 409916 91.6

Mar-11 12 205925 77.1

Feb-11 10 372904 90.4



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march 2012 union county vacant lot market report

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