Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 4,550 4,700 + 3.3% 45,366 47,598 + 4.9%

Pending Sales 3,555 4,137 + 16.4% 36,095 38,565 + 6.8%

Closed Sales 4,121 3,960 - 3.9% 34,053 36,127 + 6.1%

Median Sales Price* $206,000 $225,000 + 9.2% $206,000 $226,500 + 10.0%

Average Sales Price* $256,092 $271,606 + 6.1% $257,726 $273,186 + 6.0%

Percent of Original List Price Received* 96.2% 96.7% + 0.5% 96.3% 97.0% + 0.7%

List to Close 99 90 - 9.1% 108 98 - 9.3%

Days on Market Until Sale 47 39 - 17.0% 55 46 - 16.4%

Cumulative Days on Market Until Sale 54 49 - 9.3% 64 54 - 15.6%

Inventory of Homes for Sale 12,297 10,140 - 17.5% -- -- --

Months Supply of Inventory 3.3 2.5 - 24.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Entire CarolinaMLS Area

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

45,366 47,598

New Listings

4,121 3,960

Closed Sales

4,550

4,700

New Listings+ 3.3% - 3.9% + 4.9%

34,053 36,127

Closed Sales

2016 2017

+ 6.1%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 14 22 + 57.1% 171 175 + 2.3%

Pending Sales 11 15 + 36.4% 117 123 + 5.1%

Closed Sales 16 11 - 31.3% 104 119 + 14.4%

Median Sales Price* $167,250 $163,000 - 2.5% $138,500 $149,450 + 7.9%

Average Sales Price* $214,981 $220,309 + 2.5% $183,050 $189,858 + 3.7%

Percent of Original List Price Received* 95.7% 96.3% + 0.6% 93.5% 93.2% - 0.3%

List to Close 146 91 - 37.7% 148 131 - 11.5%

Days on Market Until Sale 85 44 - 48.2% 94 79 - 16.0%

Cumulative Days on Market Until Sale 96 44 - 54.2% 102 82 - 19.6%

Inventory of Homes for Sale 71 74 + 4.2% -- -- --

Months Supply of Inventory 6.3 5.8 - 7.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Alexander County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Alexander CountyNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

171 175

New Listings

16

11

Closed Sales

14

22

New Listings+ 57.1% - 31.3% + 2.3%

104119

Closed Sales

2016 2017

+ 14.4%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 14 20 + 42.9% 132 144 + 9.1%

Pending Sales 9 13 + 44.4% 100 119 + 19.0%

Closed Sales 8 11 + 37.5% 93 112 + 20.4%

Median Sales Price* $92,750 $82,000 - 11.6% $86,900 $79,000 - 9.1%

Average Sales Price* $108,651 $98,909 - 9.0% $102,924 $110,213 + 7.1%

Percent of Original List Price Received* 105.4% 85.3% - 19.1% 89.3% 88.7% - 0.7%

List to Close 271 176 - 35.1% 216 226 + 4.6%

Days on Market Until Sale 214 136 - 36.4% 154 197 + 27.9%

Cumulative Days on Market Until Sale 243 171 - 29.6% 167 208 + 24.6%

Inventory of Homes for Sale 115 86 - 25.2% -- -- --

Months Supply of Inventory 9.9 7.3 - 26.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Anson County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

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September

Anson CountyNorth Carolina

September Year to Date

Year to Date

$0

$50,000

$100,000

$150,000

$200,000

$250,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

132144

New Listings

8

11

Closed Sales

14

20

New Listings+ 42.9% + 37.5% + 9.1%

93112

Closed Sales

2016 2017

+ 20.4%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 338 315 - 6.8% 3,384 3,557 + 5.1%

Pending Sales 262 313 + 19.5% 2,760 2,993 + 8.4%

Closed Sales 312 325 + 4.2% 2,605 2,785 + 6.9%

Median Sales Price* $195,500 $211,000 + 7.9% $192,000 $202,995 + 5.7%

Average Sales Price* $218,238 $226,107 + 3.6% $211,631 $224,594 + 6.1%

Percent of Original List Price Received* 96.1% 97.1% + 1.0% 96.2% 97.2% + 1.0%

List to Close 93 87 - 6.5% 101 88 - 12.9%

Days on Market Until Sale 43 29 - 32.6% 52 38 - 26.9%

Cumulative Days on Market Until Sale 50 36 - 28.0% 59 45 - 23.7%

Inventory of Homes for Sale 793 555 - 30.0% -- -- --

Months Supply of Inventory 2.8 1.8 - 35.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Cabarrus County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Cabarrus CountyNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

3,384 3,557

New Listings

312 325

Closed Sales

338 315

New Listings- 6.8% + 4.2% + 5.1%

2,605 2,785

Closed Sales

2016 2017

+ 6.9%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 322 295 - 8.4% 2,922 2,973 + 1.7%

Pending Sales 269 301 + 11.9% 2,484 2,629 + 5.8%

Closed Sales 265 276 + 4.2% 2,300 2,421 + 5.3%

Median Sales Price* $148,900 $166,500 + 11.8% $149,000 $161,850 + 8.6%

Average Sales Price* $169,177 $186,259 + 10.1% $165,879 $182,261 + 9.9%

Percent of Original List Price Received* 96.3% 96.4% + 0.1% 95.2% 96.8% + 1.7%

List to Close 112 95 - 15.2% 124 104 - 16.1%

Days on Market Until Sale 55 46 - 16.4% 68 50 - 26.5%

Cumulative Days on Market Until Sale 65 53 - 18.5% 79 58 - 26.6%

Inventory of Homes for Sale 823 553 - 32.8% -- -- --

Months Supply of Inventory 3.2 2.0 - 37.5% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Gaston County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

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September

Gaston CountyNorth Carolina

September Year to Date

Year to Date

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

2,922 2,973

New Listings

265 276

Closed Sales

322295

New Listings- 8.4% + 4.2% + 1.7%

2,300 2,421

Closed Sales

2016 2017

+ 5.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 347 353 + 1.7% 3,255 3,463 + 6.4%

Pending Sales 249 290 + 16.5% 2,415 2,510 + 3.9%

Closed Sales 291 270 - 7.2% 2,274 2,311 + 1.6%

Median Sales Price* $218,500 $257,945 + 18.1% $218,000 $241,439 + 10.8%

Average Sales Price* $283,774 $348,061 + 22.7% $286,841 $305,129 + 6.4%

Percent of Original List Price Received* 94.3% 95.1% + 0.8% 94.6% 95.4% + 0.8%

List to Close 114 106 - 7.0% 129 116 - 10.1%

Days on Market Until Sale 64 55 - 14.1% 76 67 - 11.8%

Cumulative Days on Market Until Sale 75 75 0.0% 92 81 - 12.0%

Inventory of Homes for Sale 1,177 1,075 - 8.7% -- -- --

Months Supply of Inventory 4.8 4.1 - 14.6% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Iredell County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Iredell CountyNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

3,255 3,463

New Listings

291 270

Closed Sales

347 353

New Listings+ 1.7% - 7.2% + 6.4%

2,274 2,311

Closed Sales

2016 2017

+ 1.6%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 129 130 + 0.8% 1,326 1,481 + 11.7%

Pending Sales 109 119 + 9.2% 979 1,188 + 21.3%

Closed Sales 108 113 + 4.6% 906 1,072 + 18.3%

Median Sales Price* $261,637 $237,000 - 9.4% $233,000 $260,000 + 11.6%

Average Sales Price* $282,171 $296,184 + 5.0% $269,207 $292,294 + 8.6%

Percent of Original List Price Received* 95.6% 95.8% + 0.2% 94.7% 96.4% + 1.8%

List to Close 102 111 + 8.8% 124 112 - 9.7%

Days on Market Until Sale 50 56 + 12.0% 73 60 - 17.8%

Cumulative Days on Market Until Sale 62 60 - 3.2% 90 69 - 23.3%

Inventory of Homes for Sale 448 396 - 11.6% -- -- --

Months Supply of Inventory 4.6 3.2 - 30.4% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Lincoln County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Lincoln CountyNorth Carolina

September Year to Date

Year to Date

$125,000

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,3261,481

New Listings

108 113

Closed Sales

129 130

New Listings+ 0.8% + 4.6% + 11.7%

9061,072

Closed Sales

2016 2017

+ 18.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 1,926 2,051 + 6.5% 19,301 20,491 + 6.2%

Pending Sales 1,536 1,795 + 16.9% 15,769 16,949 + 7.5%

Closed Sales 1,787 1,722 - 3.6% 14,988 16,037 + 7.0%

Median Sales Price* $217,000 $233,250 + 7.5% $218,913 $239,900 + 9.6%

Average Sales Price* $276,564 $286,467 + 3.6% $281,454 $297,998 + 5.9%

Percent of Original List Price Received* 97.1% 98.0% + 0.9% 97.3% 98.1% + 0.8%

List to Close 88 80 - 9.1% 94 85 - 9.6%

Days on Market Until Sale 35 28 - 20.0% 40 32 - 20.0%

Cumulative Days on Market Until Sale 41 36 - 12.2% 48 39 - 18.8%

Inventory of Homes for Sale 4,008 3,270 - 18.4% -- -- --

Months Supply of Inventory 2.5 1.9 - 24.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Mecklenburg County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Mecklenburg CountyNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

19,301 20,491

New Listings

1,787 1,722

Closed Sales

1,926 2,051

New Listings+ 6.5% - 3.6% + 6.2%

14,988 16,037

Closed Sales

2016 2017

+ 7.0%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 28 25 - 10.7% 309 279 - 9.7%

Pending Sales 14 22 + 57.1% 145 188 + 29.7%

Closed Sales 20 22 + 10.0% 133 175 + 31.6%

Median Sales Price* $118,875 $105,000 - 11.7% $141,000 $122,900 - 12.8%

Average Sales Price* $208,263 $183,564 - 11.9% $214,296 $217,166 + 1.3%

Percent of Original List Price Received* 87.7% 86.0% - 1.9% 86.5% 87.8% + 1.5%

List to Close 213 209 - 1.9% 247 209 - 15.4%

Days on Market Until Sale 156 164 + 5.1% 208 174 - 16.3%

Cumulative Days on Market Until Sale 156 177 + 13.5% 231 192 - 16.9%

Inventory of Homes for Sale 288 194 - 32.6% -- -- --

Months Supply of Inventory 19.1 10.3 - 46.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Montgomery County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Montgomery CountyNorth Carolina

September Year to Date

Year to Date

$0

$50,000

$100,000

$150,000

$200,000

$250,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

309279

New Listings

2022

Closed Sales

2825

New Listings- 10.7% + 10.0% - 9.7%

133

175

Closed Sales

2016 2017

+ 31.6%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 70 67 - 4.3% 611 647 + 5.9%

Pending Sales 56 68 + 21.4% 476 552 + 16.0%

Closed Sales 65 62 - 4.6% 453 514 + 13.5%

Median Sales Price* $137,596 $168,500 + 22.5% $136,000 $145,000 + 6.6%

Average Sales Price* $153,473 $196,735 + 28.2% $154,614 $165,160 + 6.8%

Percent of Original List Price Received* 92.3% 92.6% + 0.3% 92.8% 93.6% + 0.9%

List to Close 130 137 + 5.4% 158 131 - 17.1%

Days on Market Until Sale 81 83 + 2.5% 108 79 - 26.9%

Cumulative Days on Market Until Sale 100 104 + 4.0% 124 94 - 24.2%

Inventory of Homes for Sale 291 201 - 30.9% -- -- --

Months Supply of Inventory 5.9 3.6 - 39.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Stanly County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Stanly CountyNorth Carolina

September Year to Date

Year to Date

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

611 647

New Listings

65 62

Closed Sales

70 67

New Listings- 4.3% - 4.6% + 5.9%

453514

Closed Sales

2016 2017

+ 13.5%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 392 419 + 6.9% 4,338 4,269 - 1.6%

Pending Sales 313 369 + 17.9% 3,431 3,371 - 1.7%

Closed Sales 397 348 - 12.3% 3,181 3,170 - 0.3%

Median Sales Price* $255,000 $267,000 + 4.7% $254,700 $285,000 + 11.9%

Average Sales Price* $315,453 $329,842 + 4.6% $314,847 $339,790 + 7.9%

Percent of Original List Price Received* 97.0% 96.9% - 0.1% 97.0% 97.3% + 0.3%

List to Close 108 85 - 21.3% 110 99 - 10.0%

Days on Market Until Sale 52 37 - 28.8% 53 47 - 11.3%

Cumulative Days on Market Until Sale 56 55 - 1.8% 63 59 - 6.3%

Inventory of Homes for Sale 1,099 946 - 13.9% -- -- --

Months Supply of Inventory 3.2 2.7 - 15.6% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Union County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Union CountyNorth Carolina

September Year to Date

Year to Date

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

4,338 4,269

New Listings

397348

Closed Sales

392 419

New Listings+ 6.9% - 12.3% - 1.6%

3,181 3,170

Closed Sales

2016 2017

- 0.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 1,557 1,671 + 7.3% 15,189 16,200 + 6.7%

Pending Sales 1,228 1,450 + 18.1% 12,540 13,517 + 7.8%

Closed Sales 1,400 1,343 - 4.1% 11,993 12,709 + 6.0%

Median Sales Price* $195,000 $215,000 + 10.3% $202,000 $225,000 + 11.4%

Average Sales Price* $265,734 $271,239 + 2.1% $271,395 $287,447 + 5.9%

Percent of Original List Price Received* 97.2% 98.0% + 0.8% 97.3% 98.2% + 0.9%

List to Close 87 75 - 13.8% 92 82 - 10.9%

Days on Market Until Sale 34 25 - 26.5% 38 29 - 23.7%

Cumulative Days on Market Until Sale 39 31 - 20.5% 45 35 - 22.2%

Inventory of Homes for Sale 2,996 2,412 - 19.5% -- -- --

Months Supply of Inventory 2.3 1.7 - 26.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

City of Charlotte —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

City of CharlotteNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

15,189 16,200

New Listings

1,400 1,343

Closed Sales

1,557 1,671

New Listings+ 7.3% - 4.1% + 6.7%

11,993 12,709

Closed Sales

2016 2017

+ 6.0%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 205 192 - 6.3% 1,967 2,144 + 9.0%

Pending Sales 158 183 + 15.8% 1,603 1,795 + 12.0%

Closed Sales 184 191 + 3.8% 1,505 1,679 + 11.6%

Median Sales Price* $200,000 $205,000 + 2.5% $187,000 $200,000 + 7.0%

Average Sales Price* $220,110 $221,916 + 0.8% $208,892 $222,344 + 6.4%

Percent of Original List Price Received* 96.2% 97.4% + 1.2% 96.4% 97.5% + 1.1%

List to Close 90 92 + 2.2% 98 87 - 11.2%

Days on Market Until Sale 38 26 - 31.6% 48 34 - 29.2%

Cumulative Days on Market Until Sale 42 33 - 21.4% 55 39 - 29.1%

Inventory of Homes for Sale 422 321 - 23.9% -- -- --

Months Supply of Inventory 2.6 1.7 - 34.6% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Concord —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

ConcordNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,967 2,144

New Listings

184 191

Closed Sales

205 192

New Listings- 6.3% + 3.8% + 9.0%

1,5051,679

Closed Sales

2016 2017

+ 11.6%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 44 39 - 11.4% 481 489 + 1.7%

Pending Sales 34 37 + 8.8% 375 377 + 0.5%

Closed Sales 31 40 + 29.0% 366 350 - 4.4%

Median Sales Price* $395,000 $330,000 - 16.5% $347,000 $327,500 - 5.6%

Average Sales Price* $423,952 $406,109 - 4.2% $415,771 $414,121 - 0.4%

Percent of Original List Price Received* 97.6% 96.5% - 1.1% 96.8% 96.9% + 0.1%

List to Close 125 95 - 24.0% 134 121 - 9.7%

Days on Market Until Sale 72 47 - 34.7% 76 69 - 9.2%

Cumulative Days on Market Until Sale 82 56 - 31.7% 94 82 - 12.8%

Inventory of Homes for Sale 150 133 - 11.3% -- -- --

Months Supply of Inventory 3.9 3.6 - 7.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Davidson —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

DavidsonNorth Carolina

September Year to Date

Year to Date

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

481 489

New Listings

31

40

Closed Sales

4439

New Listings- 11.4% + 29.0% + 1.7%

366 350

Closed Sales

2016 2017

- 4.4%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 73 70 - 4.1% 675 811 + 20.1%

Pending Sales 55 57 + 3.6% 453 641 + 41.5%

Closed Sales 55 53 - 3.6% 427 584 + 36.8%

Median Sales Price* $344,498 $304,460 - 11.6% $342,846 $338,701 - 1.2%

Average Sales Price* $351,554 $386,082 + 9.8% $376,035 $376,001 - 0.0%

Percent of Original List Price Received* 97.2% 95.6% - 1.6% 96.7% 96.9% + 0.2%

List to Close 109 122 + 11.9% 116 110 - 5.2%

Days on Market Until Sale 50 67 + 34.0% 65 59 - 9.2%

Cumulative Days on Market Until Sale 59 67 + 13.6% 79 70 - 11.4%

Inventory of Homes for Sale 246 235 - 4.5% -- -- --

Months Supply of Inventory 5.4 3.5 - 35.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Denver —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

DenverNorth Carolina

September Year to Date

Year to Date

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

675811

New Listings

55 53

Closed Sales

73 70

New Listings- 4.1% - 3.6% + 20.1%

427

584

Closed Sales

2016 2017

+ 36.8%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 173 128 - 26.0% 1,367 1,304 - 4.6%

Pending Sales 140 133 - 5.0% 1,143 1,167 + 2.1%

Closed Sales 124 117 - 5.6% 1,031 1,109 + 7.6%

Median Sales Price* $144,848 $163,000 + 12.5% $140,000 $155,000 + 10.7%

Average Sales Price* $159,826 $178,428 + 11.6% $152,435 $166,548 + 9.3%

Percent of Original List Price Received* 95.6% 96.8% + 1.3% 94.8% 96.7% + 2.0%

List to Close 115 91 - 20.9% 125 104 - 16.8%

Days on Market Until Sale 56 43 - 23.2% 70 50 - 28.6%

Cumulative Days on Market Until Sale 65 48 - 26.2% 85 57 - 32.9%

Inventory of Homes for Sale 394 227 - 42.4% -- -- --

Months Supply of Inventory 3.4 1.8 - 47.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Gastonia —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

GastoniaNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,367 1,304

New Listings

124 117

Closed Sales

173

128

New Listings- 26.0% - 5.6% - 4.6%

1,031 1,109

Closed Sales

2016 2017

+ 7.6%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 135 153 + 13.3% 1,598 1,744 + 9.1%

Pending Sales 113 153 + 35.4% 1,257 1,394 + 10.9%

Closed Sales 145 149 + 2.8% 1,147 1,341 + 16.9%

Median Sales Price* $285,000 $307,900 + 8.0% $265,500 $294,000 + 10.7%

Average Sales Price* $290,399 $332,125 + 14.4% $287,549 $318,517 + 10.8%

Percent of Original List Price Received* 96.1% 98.1% + 2.1% 97.1% 98.0% + 0.9%

List to Close 86 94 + 9.3% 90 91 + 1.1%

Days on Market Until Sale 38 38 0.0% 41 37 - 9.8%

Cumulative Days on Market Until Sale 47 51 + 8.5% 50 45 - 10.0%

Inventory of Homes for Sale 375 321 - 14.4% -- -- --

Months Supply of Inventory 3.0 2.2 - 26.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Huntersville —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

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September

HuntersvilleNorth Carolina

September Year to Date

Year to Date

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,598 1,744

New Listings

145 149

Closed Sales

135153

New Listings+ 13.3% + 2.8% + 9.1%

1,1471,341

Closed Sales

2016 2017

+ 16.9%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 79 71 - 10.1% 673 717 + 6.5%

Pending Sales 39 67 + 71.8% 543 611 + 12.5%

Closed Sales 66 61 - 7.6% 526 579 + 10.1%

Median Sales Price* $131,000 $140,000 + 6.9% $126,635 $133,500 + 5.4%

Average Sales Price* $154,055 $155,864 + 1.2% $143,117 $146,975 + 2.7%

Percent of Original List Price Received* 95.1% 94.6% - 0.5% 94.3% 95.9% + 1.7%

List to Close 112 86 - 23.2% 115 92 - 20.0%

Days on Market Until Sale 59 37 - 37.3% 65 48 - 26.2%

Cumulative Days on Market Until Sale 85 48 - 43.5% 78 55 - 29.5%

Inventory of Homes for Sale 186 126 - 32.3% -- -- --

Months Supply of Inventory 3.3 2.0 - 39.4% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Kannapolis —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

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September

KannapolisNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

673 717

New Listings

66 61

Closed Sales

7971

New Listings- 10.1% - 7.6% + 6.5%

526579

Closed Sales

2016 2017

+ 10.1%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 43 33 - 23.3% 410 437 + 6.6%

Pending Sales 42 40 - 4.8% 327 351 + 7.3%

Closed Sales 32 40 + 25.0% 292 313 + 7.2%

Median Sales Price* $149,900 $166,750 + 11.2% $137,500 $157,450 + 14.5%

Average Sales Price* $147,654 $193,948 + 31.4% $152,019 $174,203 + 14.6%

Percent of Original List Price Received* 94.0% 95.5% + 1.6% 92.8% 95.4% + 2.8%

List to Close 92 100 + 8.7% 134 111 - 17.2%

Days on Market Until Sale 45 49 + 8.9% 79 57 - 27.8%

Cumulative Days on Market Until Sale 57 54 - 5.3% 95 66 - 30.5%

Inventory of Homes for Sale 135 113 - 16.3% -- -- --

Months Supply of Inventory 4.2 3.1 - 26.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Lincolnton —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

LincolntonNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

410 437

New Listings

3240

Closed Sales

43

33

New Listings- 23.3% + 25.0% + 6.6%

292 313

Closed Sales

2016 2017

+ 7.2%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 84 113 + 34.5% 1,199 1,272 + 6.1%

Pending Sales 91 105 + 15.4% 985 1,001 + 1.6%

Closed Sales 119 111 - 6.7% 923 944 + 2.3%

Median Sales Price* $247,000 $285,000 + 15.4% $255,000 $279,450 + 9.6%

Average Sales Price* $274,899 $334,458 + 21.7% $290,695 $317,207 + 9.1%

Percent of Original List Price Received* 97.3% 96.8% - 0.5% 97.6% 98.0% + 0.4%

List to Close 70 87 + 24.3% 79 81 + 2.5%

Days on Market Until Sale 27 36 + 33.3% 32 34 + 6.3%

Cumulative Days on Market Until Sale 29 57 + 96.6% 41 45 + 9.8%

Inventory of Homes for Sale 239 223 - 6.7% -- -- --

Months Supply of Inventory 2.4 2.2 - 8.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Matthews —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

MatthewsNorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,199 1,272

New Listings

119 111

Closed Sales

84

113

New Listings+ 34.5% - 6.7% + 6.1%

923 944

Closed Sales

2016 2017

+ 2.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 113 90 - 20.4% 1,075 908 - 15.5%

Pending Sales 88 81 - 8.0% 913 819 - 10.3%

Closed Sales 107 95 - 11.2% 862 783 - 9.2%

Median Sales Price* $170,000 $187,500 + 10.3% $172,000 $187,000 + 8.7%

Average Sales Price* $185,003 $210,857 + 14.0% $186,403 $207,224 + 11.2%

Percent of Original List Price Received* 96.9% 97.3% + 0.4% 96.3% 97.0% + 0.7%

List to Close 110 77 - 30.0% 108 88 - 18.5%

Days on Market Until Sale 54 32 - 40.7% 55 42 - 23.6%

Cumulative Days on Market Until Sale 57 39 - 31.6% 61 51 - 16.4%

Inventory of Homes for Sale 259 168 - 35.1% -- -- --

Months Supply of Inventory 2.8 2.0 - 28.6% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Monroe —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

MonroeNorth Carolina

September Year to Date

Year to Date

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,075908

New Listings

10795

Closed Sales

113

90

New Listings- 20.4% - 11.2% - 15.5%

862783

Closed Sales

2016 2017

- 9.2%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 225 228 + 1.3% 2,049 2,252 + 9.9%

Pending Sales 153 190 + 24.2% 1,488 1,601 + 7.6%

Closed Sales 183 188 + 2.7% 1,384 1,471 + 6.3%

Median Sales Price* $265,000 $293,750 + 10.8% $262,750 $286,153 + 8.9%

Average Sales Price* $348,976 $414,224 + 18.7% $353,223 $369,057 + 4.5%

Percent of Original List Price Received* 94.6% 95.5% + 1.0% 95.2% 96.1% + 0.9%

List to Close 111 106 - 4.5% 123 116 - 5.7%

Days on Market Until Sale 63 55 - 12.7% 71 65 - 8.5%

Cumulative Days on Market Until Sale 75 80 + 6.7% 84 80 - 4.8%

Inventory of Homes for Sale 730 686 - 6.0% -- -- --

Months Supply of Inventory 4.8 4.2 - 12.5% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Mooresville —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

MooresvilleNorth Carolina

September Year to Date

Year to Date

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

2,0492,252

New Listings

183 188

Closed Sales

225 228

New Listings+ 1.3% + 2.7% + 9.9%

1,384 1,471

Closed Sales

2016 2017

+ 6.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 106 75 - 29.2% 832 832 0.0%

Pending Sales 72 59 - 18.1% 640 640 0.0%

Closed Sales 71 52 - 26.8% 605 608 + 0.5%

Median Sales Price* $125,900 $138,450 + 10.0% $136,950 $141,450 + 3.3%

Average Sales Price* $146,989 $154,970 + 5.4% $148,394 $153,226 + 3.3%

Percent of Original List Price Received* 93.2% 93.5% + 0.3% 92.3% 92.8% + 0.5%

List to Close 125 100 - 20.0% 138 125 - 9.4%

Days on Market Until Sale 73 51 - 30.1% 88 79 - 10.2%

Cumulative Days on Market Until Sale 90 73 - 18.9% 112 95 - 15.2%

Inventory of Homes for Sale 331 297 - 10.3% -- -- --

Months Supply of Inventory 5.1 4.4 - 13.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Salisbury —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

SalisburyNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

832 832

New Listings

71

52

Closed Sales

106

75

New Listings- 29.2% - 26.8% 0.0%

605 608

Closed Sales

2016 2017

+ 0.5%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 95 101 + 6.3% 892 921 + 3.3%

Pending Sales 78 83 + 6.4% 697 688 - 1.3%

Closed Sales 79 69 - 12.7% 660 625 - 5.3%

Median Sales Price* $137,700 $165,240 + 20.0% $144,000 $154,200 + 7.1%

Average Sales Price* $155,032 $167,047 + 7.8% $162,463 $168,822 + 3.9%

Percent of Original List Price Received* 94.4% 94.5% + 0.1% 93.5% 94.4% + 1.0%

List to Close 120 110 - 8.3% 138 112 - 18.8%

Days on Market Until Sale 64 56 - 12.5% 87 65 - 25.3%

Cumulative Days on Market Until Sale 69 67 - 2.9% 106 78 - 26.4%

Inventory of Homes for Sale 321 296 - 7.8% -- -- --

Months Supply of Inventory 4.5 4.0 - 11.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Statesville —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

StatesvilleNorth Carolina

September Year to Date

Year to Date

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

892 921

New Listings

7969

Closed Sales

95 101

New Listings+ 6.3% - 12.7% + 3.3%

660 625

Closed Sales

2016 2017

- 5.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 103 142 + 37.9% 1,298 1,439 + 10.9%

Pending Sales 74 111 + 50.0% 942 1,053 + 11.8%

Closed Sales 103 95 - 7.8% 866 974 + 12.5%

Median Sales Price* $395,000 $359,500 - 9.0% $389,900 $389,900 0.0%

Average Sales Price* $429,510 $432,627 + 0.7% $434,550 $446,460 + 2.7%

Percent of Original List Price Received* 96.1% 96.4% + 0.3% 96.7% 96.6% - 0.1%

List to Close 109 90 - 17.4% 118 111 - 5.9%

Days on Market Until Sale 50 43 - 14.0% 58 57 - 1.7%

Cumulative Days on Market Until Sale 48 75 + 56.3% 72 75 + 4.2%

Inventory of Homes for Sale 387 365 - 5.7% -- -- --

Months Supply of Inventory 4.1 3.4 - 17.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Waxhaw —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

WaxhawNorth Carolina

September Year to Date

Year to Date

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,2981,439

New Listings

103 95

Closed Sales

103

142

New Listings+ 37.9% - 7.8% + 10.9%

866974

Closed Sales

2016 2017

+ 12.5%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 250 243 - 2.8% 2,574 2,724 + 5.8%

Pending Sales 187 206 + 10.2% 1,657 1,884 + 13.7%

Closed Sales 208 216 + 3.8% 1,538 1,740 + 13.1%

Median Sales Price* $354,717 $402,500 + 13.5% $366,123 $379,750 + 3.7%

Average Sales Price* $446,526 $515,702 + 15.5% $477,949 $478,867 + 0.2%

Percent of Original List Price Received* 93.9% 95.1% + 1.3% 95.0% 95.3% + 0.3%

List to Close 131 134 + 2.3% 137 133 - 2.9%

Days on Market Until Sale 79 75 - 5.1% 82 77 - 6.1%

Cumulative Days on Market Until Sale 97 93 - 4.1% 104 94 - 9.6%

Inventory of Homes for Sale 1,070 941 - 12.1% -- -- --

Months Supply of Inventory 6.4 5.0 - 21.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Lake Norman —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Lake NormanNorth Carolina

September Year to Date

Year to Date

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

2,574 2,724

New Listings

208 216

Closed Sales

250 243

New Listings- 2.8% + 3.8% + 5.8%

1,5381,740

Closed Sales

2016 2017

+ 13.1%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 102 132 + 29.4% 1,151 1,253 + 8.9%

Pending Sales 92 100 + 8.7% 882 920 + 4.3%

Closed Sales 99 98 - 1.0% 821 841 + 2.4%

Median Sales Price* $337,000 $354,250 + 5.1% $330,000 $329,945 - 0.0%

Average Sales Price* $356,038 $392,650 + 10.3% $364,127 $378,485 + 3.9%

Percent of Original List Price Received* 95.5% 96.5% + 1.0% 96.2% 97.2% + 1.0%

List to Close 129 113 - 12.4% 131 121 - 7.6%

Days on Market Until Sale 73 59 - 19.2% 76 61 - 19.7%

Cumulative Days on Market Until Sale 88 76 - 13.6% 93 78 - 16.1%

Inventory of Homes for Sale 386 369 - 4.4% -- -- --

Months Supply of Inventory 4.3 4.0 - 7.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Lake Wylie —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Lake WylieNorth Carolina

September Year to Date

Year to Date

$150,000

$200,000

$250,000

$300,000

$350,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,151 1,253

New Listings

99 98

Closed Sales

102

132

New Listings+ 29.4% - 1.0% + 8.9%

821 841

Closed Sales

2016 2017

+ 2.4%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 43 43 0.0% 390 436 + 11.8%

Pending Sales 20 39 + 95.0% 291 362 + 24.4%

Closed Sales 38 38 0.0% 281 346 + 23.1%

Median Sales Price* $249,500 $287,000 + 15.0% $255,500 $278,450 + 9.0%

Average Sales Price* $298,795 $354,840 + 18.8% $299,657 $319,775 + 6.7%

Percent of Original List Price Received* 96.8% 95.7% - 1.1% 96.5% 96.5% 0.0%

List to Close 84 98 + 16.7% 95 101 + 6.3%

Days on Market Until Sale 42 58 + 38.1% 52 52 0.0%

Cumulative Days on Market Until Sale 45 74 + 64.4% 62 60 - 3.2%

Inventory of Homes for Sale 108 83 - 23.1% -- -- --

Months Supply of Inventory 3.6 2.4 - 33.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Uptown Charlotte —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Uptown CharlotteNorth Carolina

September Year to Date

Year to Date

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

390436

New Listings

38 38

Closed Sales

43 43

New Listings0.0% 0.0% + 11.8%

281346

Closed Sales

2016 2017

+ 23.1%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 149 211 + 41.6% 1,380 1,705 + 23.6%

Pending Sales 115 155 + 34.8% 1,116 1,266 + 13.4%

Closed Sales 115 120 + 4.3% 1,037 1,170 + 12.8%

Median Sales Price* $255,000 $273,450 + 7.2% $260,000 $264,900 + 1.9%

Average Sales Price* $266,193 $267,495 + 0.5% $266,977 $267,271 + 0.1%

Percent of Original List Price Received* 96.2% 95.6% - 0.6% 96.4% 96.6% + 0.2%

List to Close 110 107 - 2.7% 115 107 - 7.0%

Days on Market Until Sale 58 58 0.0% 63 56 - 11.1%

Cumulative Days on Market Until Sale 67 65 - 3.0% 73 68 - 6.8%

Inventory of Homes for Sale 374 468 + 25.1% -- -- --

Months Supply of Inventory 3.3 3.7 + 12.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Lancaster County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Lancaster CountySouth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,3801,705

New Listings

115 120

Closed Sales

149

211

New Listings+ 41.6% + 4.3% + 23.6%

1,0371,170

Closed Sales

2016 2017

+ 12.8%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 425 425 0.0% 4,513 4,607 + 2.1%

Pending Sales 354 385 + 8.8% 3,703 3,851 + 4.0%

Closed Sales 449 406 - 9.6% 3,530 3,626 + 2.7%

Median Sales Price* $225,000 $239,670 + 6.5% $225,000 $243,000 + 8.0%

Average Sales Price* $249,610 $272,339 + 9.1% $252,017 $270,805 + 7.5%

Percent of Original List Price Received* 96.5% 97.0% + 0.5% 97.0% 97.1% + 0.1%

List to Close 91 87 - 4.4% 104 99 - 4.8%

Days on Market Until Sale 39 37 - 5.1% 52 45 - 13.5%

Cumulative Days on Market Until Sale 47 43 - 8.5% 60 54 - 10.0%

Inventory of Homes for Sale 1,144 906 - 20.8% -- -- --

Months Supply of Inventory 3.0 2.3 - 23.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

York County —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

York CountySouth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

4,513 4,607

New Listings

449406

Closed Sales

425 425

New Listings0.0% - 9.6% + 2.1%

3,530 3,626

Closed Sales

2016 2017

+ 2.7%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 153 155 + 1.3% 1,569 1,602 + 2.1%

Pending Sales 126 114 - 9.5% 1,280 1,273 - 0.5%

Closed Sales 156 145 - 7.1% 1,183 1,222 + 3.3%

Median Sales Price* $290,000 $274,900 - 5.2% $285,000 $295,000 + 3.5%

Average Sales Price* $294,846 $321,561 + 9.1% $310,211 $327,297 + 5.5%

Percent of Original List Price Received* 96.9% 97.0% + 0.1% 97.6% 97.4% - 0.2%

List to Close 97 97 0.0% 100 100 0.0%

Days on Market Until Sale 44 48 + 9.1% 47 49 + 4.3%

Cumulative Days on Market Until Sale 51 56 + 9.8% 55 56 + 1.8%

Inventory of Homes for Sale 345 338 - 2.0% -- -- --

Months Supply of Inventory 2.7 2.6 - 3.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Fort Mill —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Fort MillSouth Carolina

September Year to Date

Year to Date

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,569 1,602

New Listings

156 145

Closed Sales

153 155

New Listings+ 1.3% - 7.1% + 2.1%

1,183 1,222

Closed Sales

2016 2017

+ 3.3%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 141 145 + 2.8% 1,545 1,579 + 2.2%

Pending Sales 109 156 + 43.1% 1,288 1,381 + 7.2%

Closed Sales 154 141 - 8.4% 1,265 1,275 + 0.8%

Median Sales Price* $172,000 $194,900 + 13.3% $169,900 $185,000 + 8.9%

Average Sales Price* $187,949 $218,317 + 16.2% $191,071 $202,255 + 5.9%

Percent of Original List Price Received* 97.0% 97.3% + 0.3% 97.2% 97.1% - 0.1%

List to Close 73 82 + 12.3% 95 89 - 6.3%

Days on Market Until Sale 26 30 + 15.4% 43 38 - 11.6%

Cumulative Days on Market Until Sale 29 38 + 31.0% 50 47 - 6.0%

Inventory of Homes for Sale 390 244 - 37.4% -- -- --

Months Supply of Inventory 3.0 1.7 - 43.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Rock Hill —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Rock HillSouth Carolina

September Year to Date

Year to Date

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

1,545 1,579

New Listings

154 141

Closed Sales

141 145

New Listings+ 2.8% - 8.4% + 2.2%

1,265 1,275

Closed Sales

2016 2017

+ 0.8%

Rolling 12-Month Calculation

Local Market Update for September 2017

Key Metrics 2016 2017 Percent Change Thru 9-2016 Thru 9-2017 Percent Change

New Listings 3,877 3,993 + 3.0% 38,749 40,740 + 5.1%

Pending Sales 3,079 3,560 + 15.6% 31,427 33,563 + 6.8%

Closed Sales 3,576 3,415 - 4.5% 29,666 31,517 + 6.2%

Median Sales Price* $210,000 $226,500 + 7.9% $210,000 $230,000 + 9.5%

Average Sales Price* $259,086 $270,959 + 4.6% $260,441 $276,600 + 6.2%

Percent of Original List Price Received* 96.7% 97.2% + 0.5% 96.7% 97.5% + 0.8%

List to Close 95 86 - 9.5% 103 93 - 9.7%

Days on Market Until Sale 42 35 - 16.7% 49 40 - 18.4%

Cumulative Days on Market Until Sale 49 43 - 12.2% 59 49 - 16.9%

Inventory of Homes for Sale 9,316 7,641 - 18.0% -- -- --

Months Supply of Inventory 2.9 2.2 - 24.1% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Entire CarolinaMLS Area —

Charlotte MSA —

Current as of October 5, 2017. All data from CarolinaMLS. Report provided by the Charlotte Regional Realtor® Association. Report © 2017 ShowingTime. Percent changes are calculated using rounded figures.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

September

Charlotte MSANorth Carolina

September Year to Date

Year to Date

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Median Sales Price

38,749 40,740

New Listings

3,576 3,415

Closed Sales

3,877 3,993

New Listings+ 3.0% - 4.5% + 5.1%

29,666 31,517

Closed Sales

2016 2017

+ 6.2%

Rolling 12-Month Calculation