Monthly Indicators A RESEARCH TOOL PROVIDED BY THE STARK COUNTY ASSOCIATION OF REALTORS®
October 2015 Quick Facts
Market OverviewNew ListingsPending SalesClosed SalesDays On Market Until SaleMedian Sales PriceAverage Sales PricePct. Of Orig. Price ReceivedHousing Affordability IndexInventory of Homes for SaleMonths Supply of Inventory
1112
1718
6789
10
1920
23
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Powered by 10K Research and Marketing. | 1
+ 6.0% + 10.9% + 47.1% - 20.6%
Change inClosed SalesStark County
Change inMedian Sales Price
Stark County
Change inClosed SalesCarroll County
Change inMedian Sales Price
Carroll County
Stark County Carroll County
2 13143
45
2122
1516
Stark County Market Overview Key market metrics for the current month and year-to-date figures for Stark County Only.
Key Metrics Historical Sparklines 10-2014 10-2015 + / – YTD 2014 YTD 2015 + / –
3,575 + 6.1%
209
1,635
79 72
200 - 4.5%
--
$129,274 $136,568 + 5.6%
$115,000 $127,500
369 391
Days on Market Until Sale
Median Sales Price
Average Sales Price
Percent of OriginalList Price Received
$130,339
93.1%
+ 6.0% 3,370
New Listings
Pending Sales
Closed Sales
+ 7.3%
315 385 + 22.2% 3,445 3,839 + 11.4%
6,031539 626 + 16.1% 5,620
- 8.2% 77 78 + 0.6%
+ 6.1%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 2
+ 10.9% $115,000 $122,000
+ 1.0%- 0.4% 92.5% 93.4%
Months Supplyof Homes for Sale
$135,548 + 4.0%
92.7%
Housing Affordability Index
Inventory of Homes for Sale
5.0
191 - 8.6%
- 1.2%
- 9.6%
1,616
4.5
209
--
-- --
--
--
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
New Listings A count of the properties that have been newly listed on the market in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 407 375 -7.9%
December 293 280 -4.4%
January 456 428 -6.1%
February 411 364 -11.4%
March 519 543 +4.6%
April 635 687 +8.2%
May 627 698 +11.3%
June 671 680 +1.3%
July 684 724 +5.8%
August 551 688 +24.9%
September 527 593 +12.5%
October 539 626 +16.1%
12-Month Avg 527 557 +5.8%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 3
545 539
626
2013 2014 2015
October
200
300
400
500
600
700
800
900
1,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical New Listing Activity
5,688 5,6206,031
2013 2014 2015
Year To Date
+7.3%-1.1% +16.1% -1.2%
Pending Sales A count of the properties on which contracts have been accepted in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 257 260 +1.2%
December 244 216 -11.5%
January 259 289 +11.6%
February 276 293 +6.2%
March 351 381 +8.5%
April 405 395 -2.5%
May 377 418 +10.9%
June 372 433 +16.4%
July 404 429 +6.2%
August 355 417 +17.5%
September 331 399 +20.5%
October 315 385 +22.2%
12-Month Avg 329 360 +9.4%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 4
319 315
385
2013 2014 2015
October
150
200
250
300
350
400
450
500
550
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Pending Sales Activity
3,497 3,4453,839
2013 2014 2015
Year To Date
+11.4%-1.3% +22.2% -1.5%
Closed Sales A count of the actual sales that have closed in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 305 253 -17.0%
December 300 290 -3.3%
January 231 224 -3.0%
February 233 245 +5.2%
March 305 315 +3.3%
April 323 333 +3.1%
May 392 340 -13.3%
June 387 431 +11.4%
July 394 472 +19.8%
August 355 416 +17.2%
September 381 408 +7.1%
October 369 391 +6.0%
12-Month Avg 331 343 +3.0%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 5
383 369391
2013 2014 2015
October
150
200
250
300
350
400
450
500
550
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Closed Sales Activity
3,436 3,3703,575
2013 2014 2015
Year To Date
+6.1%-3.7% +6.0% -1.9%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 76 61 -19.9%
December 81 85 +5.8%
January 90 92 +2.2%
February 89 92 +3.9%
March 82 97 +18.2%
April 83 96 +15.2%
May 84 81 -2.5%
June 68 64 -5.7%
July 71 67 -5.9%
August 70 67 -4.6%
September 69 72 +4.7%
October 79 72 -8.2%
12-Month Avg 77 77 -0.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 6
8379
72
2013 2014 2015
October
60
70
80
90
100
110
120
130
140
150
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Days on Market Until Sale
8277 78
2013 2014 2015
Year To Date
+0.6%-5.3% -8.2% -6.2%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November $99,950 $118,008 +18.1%
December $92,500 $102,000 +10.3%
January $84,000 $99,450 +18.4%
February $99,900 $95,000 -4.9%
March $104,000 $120,000 +15.4%
April $110,000 $110,000 0.0%
May $115,900 $127,250 +9.8%
June $121,000 $126,250 +4.3%
July $122,000 $130,000 +6.6%
August $120,000 $128,250 +6.9%
September $124,450 $116,450 -6.4%
October $115,000 $127,500 +10.9%
12-Month Med $112,000 $120,000 +7.1%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 7
$114,000 $115,000
$127,500
2013 2014 2015
October
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Median Sales Price
$110,050$115,000
$122,000
2013 2014 2015
Year To Date
+6.1%+0.9% +10.9% +4.5%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November $116,588 $127,387 +9.3%
December $113,606 $124,060 +9.2%
January $104,034 $115,807 +11.3%
February $111,694 $115,447 +3.4%
March $114,726 $135,275 +17.9%
April $122,410 $125,371 +2.4%
May $132,886 $141,959 +6.8%
June $142,077 $152,750 +7.5%
July $136,218 $144,646 +6.2%
August $143,036 $144,347 +0.9%
September $135,674 $133,487 -1.6%
October $130,339 $135,548 +4.0%
12-Month Avg $127,153 $135,162 +6.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 8
$131,696 $130,339 $135,548
2013 2014 2015
October
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Average Sales Price
$126,230 $129,274$136,568
2013 2014 2015
Year To Date
+ 5.6%- 1.0% + 4.0% + 2.4%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
November 91.5% 92.4% +1.0%
December 90.5% 90.9% +0.4%
January 89.2% 91.6% +2.6%
February 89.9% 90.5% +0.7%
March 92.5% 92.8% +0.3%
April 92.0% 93.2% +1.3%
May 92.9% 94.4% +1.6%
June 93.5% 95.2% +1.8%
July 93.0% 94.6% +1.7%
August 93.2% 93.7% +0.6%
September 93.0% 92.8% -0.2%
October 93.1% 92.7% -0.4%
12-Month Avg 92.3% 93.2% +1.0%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 9
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions for Stark County Only.
91.1% 93.1% 92.7%
2013 2014 2015
October
82%
84%
86%
88%
90%
92%
94%
96%
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Percent of Original List Price Received
92.1% 92.5% 93.4%
2013 2014 2015
Year To Date
+1.0%+2.2% -0.4% +0.4%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
November 246 204 -17.0%
December 254 238 -6.3%
January 273 248 -9.0%
February 233 260 +11.9%
March 224 203 -9.2%
April 211 224 +6.5%
May 206 194 -5.4%
June 197 192 -2.2%
July 195 184 -5.4%
August 199 188 -5.5%
September 190 209 +10.2%
October 209 191 -8.6%
12-Month Avg 219 211 -3.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 10
This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability. For Stark County Only.
204 209191
2013 2014 2015
October
120
170
220
270
320
370
420
470
520
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Housing Affordability Index
211 209200
2013 2014 2015
Year To Date
-4.5%+2.4% -8.6% -1.1%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 1,648 1,525 -7.5%
December 1,459 1,325 -9.2%
January 1,458 1,291 -11.5%
February 1,440 1,245 -13.5%
March 1,415 1,280 -9.5%
April 1,476 1,426 -3.4%
May 1,572 1,584 +0.8%
June 1,675 1,649 -1.6%
July 1,734 1,732 -0.1%
August 1,755 1,765 +0.6%
September 1,687 1,686 -0.1%
October 1,635 1,616 -1.2%
12-Month Avg 1,580 1,510 -4.7%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 11
1,7511,635 1,616
2013 2014 2015
October
1,200
1,600
2,000
2,400
2,800
3,200
3,600
4,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Inventory of Homes for Sale
-1.2%-6.6%
Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months for Stark County Only.
MonthPrior Year
Current Year
+ / –
November 5.0 4.6 -6.6%
December 4.4 4.1 -7.4%
January 4.4 3.9 -10.8%
February 4.4 3.8 -14.0%
March 4.3 3.8 -10.3%
April 4.5 4.3 -4.4%
May 4.8 4.7 -2.0%
June 5.1 4.8 -5.9%
July 5.3 5.1 -4.1%
August 5.3 5.1 -5.0%
September 5.1 4.8 -7.0%
October 5.0 4.5 -9.6%
12-Month Avg 4.8 4.5 -7.1%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 12
5.35.0
4.5
2013 2014 2015
October
3
4
5
6
7
8
9
10
11
12
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Months Supply of Inventory
-9.6%-6.1%
Carroll County Market Overview Key market metrics for the current month and year-to-date figures for Carroll County Only.
Key Metrics Historical Sparklines 10-2014 10-2015 + / – YTD 2014 YTD 2015 + / –
+ 10.8%
Pending Sales 23 25 + 8.7% 187 218 + 16.6%
New Listings 32 37 + 15.6% 362 401
+ 10.2%
Days on Market Until Sale 114 89 - 21.9% 111 102 - 8.1%
Closed Sales 17 25 + 47.1% 176 194
- 11.7%
Average Sales Price $163,463 $144,959 - 11.3% $132,142 $124,068 - 6.1%
Median Sales Price $144,750 $115,000 - 20.6% $115,500 $102,000
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 13
- 0.7%
Housing Affordability Index 166 212 + 27.5% 208 239 + 14.7%
Percent of OriginalList Price Received
94.2% 89.0% - 5.5% 91.5% 90.9%
--
-- --
Inventory of Homes for Sale 156 145 - 7.1% -- --
Months Supplyof Homes for Sale
8.9 7.0 - 21.2% --
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
10-2012 10-2013 10-2014 10-2015
New Listings A count of the properties that have been newly listed on the market in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 32 22 -31.3%
December 11 11 0.0%
January 22 23 +4.5%
February 30 25 -16.7%
March 32 33 +3.1%
April 40 53 +32.5%
May 45 62 +37.8%
June 37 44 +18.9%
July 44 40 -9.1%
August 35 38 +8.6%
September 45 46 +2.2%
October 32 37 +15.6%
12-Month Avg 34 36 +7.2%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 14
33 32
37
2013 2014 2015
October
8
18
28
38
48
58
68
78
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical New Listing Activity
338362
401
2013 2014 2015
Year To Date
+10.8%-3.0% +15.6% +7.1%
Pending Sales A count of the properties on which contracts have been accepted in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 15 18 +20.0%
December 9 13 +44.4%
January 11 13 +18.2%
February 14 9 -35.7%
March 21 24 +14.3%
April 20 26 +30.0%
May 13 19 +46.2%
June 17 23 +35.3%
July 21 19 -9.5%
August 28 36 +28.6%
September 19 24 +26.3%
October 23 25 +8.7%
12-Month Avg 18 21 +18.0%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 15
23 2325
2013 2014 2015
October
5
10
15
20
25
30
35
40
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Pending Sales Activity
201187
218
2013 2014 2015
Year To Date
+16.6%0.0% +8.7% -7.0%
Closed Sales A count of the properties that have closed in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 17 22 +29.4%
December 17 18 +5.9%
January 11 10 -9.1%
February 12 15 +25.0%
March 14 10 -28.6%
April 24 20 -16.7%
May 21 20 -4.8%
June 12 18 +50.0%
July 12 29 +141.7%
August 32 25 -21.9%
September 21 22 +4.8%
October 17 25 +47.1%
12-Month Avg 18 20 +18.6%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 16
1917
25
2013 2014 2015
October
0
5
10
15
20
25
30
35
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Closed Sales Activity
193176
194
2013 2014 2015
Year To Date
+10.2%-10.5% +47.1% -8.8%
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 154 64 -58.4%
December 60 78 +31.3%
January 101 118 +17.3%
February 103 193 +87.5%
March 73 92 +26.3%
April 123 145 +17.6%
May 125 108 -13.3%
June 101 76 -24.8%
July 96 73 -24.4%
August 98 79 -19.2%
September 154 95 -38.3%
October 114 89 -21.9%
12-Month Avg 111 97 -12.5%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 17
115 114
89
2013 2014 2015
October
0
50
100
150
200
250
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Days on Market Until Sale
119111
102
2013 2014 2015
Year To Date
-8.1%-1.3% -21.9% -6.4%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November $130,000 $136,000 +4.6%
December $134,900 $85,000 -37.0%
January $105,000 $124,385 +18.5%
February $90,250 $127,000 +40.7%
March $121,250 $83,250 -31.3%
April $110,000 $88,700 -19.4%
May $94,500 $138,750 +46.8%
June $121,000 $87,250 -27.9%
July $105,000 $120,000 +14.3%
August $124,950 $109,400 -12.4%
September $139,000 $66,450 -52.2%
October $144,750 $115,000 -20.6%
12-Month Med $118,700 $105,000 -11.5%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 18
$120,000
$144,750
$115,000
2013 2014 2015
October
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Median Sales Price
$106,750$115,500
$102,000
2013 2014 2015
Year To Date
-11.7%+20.6% -20.6% +8.2%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November $139,020 $187,029 +34.5%
December $160,946 $107,888 -33.0%
January $120,625 $132,837 +10.1%
February $80,867 $114,420 +41.5%
March $121,571 $82,350 -32.3%
April $136,119 $115,485 -15.2%
May $104,814 $129,453 +23.5%
June $189,833 $119,498 -37.1%
July $151,609 $157,075 +3.6%
August $120,838 $126,029 +4.3%
September $142,405 $80,746 -43.3%
October $163,463 $144,959 -11.3%
12-Month Avg $134,604 $128,199 -4.8%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 19
$115,379
$163,463
$144,959
2013 2014 2015
October
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Average Sales Price
$119,127
$132,142$124,068
2013 2014 2015
Year To Date
- 6.1%+ 41.7% - 11.3% + 10.9%
Percent of Original List Price Received
MonthPrior Year
Current Year
+ / –
November 91.0% 96.9% +6.5%
December 92.2% 88.1% -4.5%
January 96.6% 93.6% -3.1%
February 85.2% 87.7% +2.9%
March 87.8% 90.2% +2.7%
April 92.8% 89.4% -3.7%
May 92.6% 91.3% -1.5%
June 97.2% 91.3% -6.1%
July 95.5% 94.1% -1.5%
August 91.7% 93.5% +2.0%
September 85.1% 87.6% +2.9%
October 94.2% 89.0% -5.5%
12-Month Avg 91.5% 91.2% -0.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 20
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions for Carroll County Only.
91.0% 94.2%89.0%
2013 2014 2015
October
70%
75%
80%
85%
90%
95%
100%
105%
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Percent of Original List Price Received
89.6% 91.5% 90.9%
2013 2014 2015
Year To Date
-0.7%+3.5% -5.5% +2.1%
Housing Affordability Index
MonthPrior Year
Current Year
+ / –
November 189 177 -6.4%
December 174 286 +64.0%
January 218 198 -9.0%
February 257 195 -24.4%
March 192 293 +52.6%
April 211 278 +32.0%
May 252 178 -29.3%
June 197 278 +41.6%
July 226 199 -11.8%
August 191 220 +15.4%
September 170 367 +115.8%
October 166 212 +27.5%
12-Month Avg 204 240 +22.3%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 21
This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability. For Carroll County Only.
194
166
212
2013 2014 2015
October
100
150
200
250
300
350
400
450
500
550
600
650
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Housing Affordability Index
218 208
239
2013 2014 2015
Year To Date
+14.7%-14.3% +27.5% -4.5%
Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 124 137 +10.5%
December 115 113 -1.7%
January 116 114 -1.7%
February 124 124 0.0%
March 127 124 -2.4%
April 135 141 +4.4%
May 154 166 +7.8%
June 161 177 +9.9%
July 164 183 +11.6%
August 152 163 +7.2%
September 163 157 -3.7%
October 156 145 -7.1%
12-Month Avg 141 145 +2.9%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 22
126
156145
2013 2014 2015
October
100
125
150
175
200
225
250
275
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Inventory of Homes for Sale
-7.1%+23.8%
Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months for Carroll County Only.
MonthPrior Year
Current Year
+ / –
November 6.5 7.7 +18.2%
December 6.1 6.2 +1.4%
January 6.2 6.2 +0.1%
February 6.6 6.9 +5.6%
March 6.8 6.8 -0.1%
April 7.5 7.6 +0.7%
May 8.4 8.7 +2.6%
June 9.2 9.0 -2.2%
July 9.5 9.4 -0.8%
August 8.7 8.1 -6.9%
September 9.3 7.6 -17.7%
October 8.9 7.0 -21.2%
12-Month Avg 7.8 7.6 -2.7%
All data from the Centralized Real Estate Information Services® Multiple Listing Service. Provided by the Stark County Association of REALTORS®. Powered by 10K Research and Marketing. | 23
6.7
8.9
7.0
2013 2014 2015
October
5
7
9
11
13
15
17
19
1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Historical Months Supply of Inventory
-21.2%+32.0%
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