residential
SALES TRENDs
In January 2011, CMLS changed its
reporting structure to report data from
the first day of the month to the last day
of the month. Prior to this, data was
reported from the fifth of the month to
the sixth of the next month. CMLS has
done everything possible to ensure the
accuracy of its statistics; however, we
may discover very slight anomalies that
will require adjustments and corrections
over time.
List to close
Of reported home sales that closed from
Dec. 1, 2010 through Dec. 31, 2010,
51 percent closed in 121 days or more;
17 percent closed between 91 and 120
days; 16 percent closed between 61 and
90 days; and 16 percent closed in 60
days or fewer. Percentages are rounded
to reflect 100 percent. Average list to
close: 151.4
74
234
957
294
326
0-30 91-120
31-60 121+
61-90
Listing and Sales Prices (Dec. 1, 2010
through Dec. 31, 2010) The average listing
price of solds was $220,130. The average
sales price was $193,910.
B realtor® reflections Sales Trends December 2010
Residential contracts reported
1,000 1,500 2,000 2,500 3,000
O 2,400
N 1,645
D 1,466
J 1,833
F 1,954
M 2,498
A 2,988
M 2,059
J 1,880
J 1,802
A 1,743
S 1,658
O 1,617
2009
N 1,448
D 1,479 2010
Contracts reported from Dec. 1, 2010 through Dec. 31, 2010 decreased less than one
percent over the same period a year ago.
Residential closings reported
1,000 1,500 2,000 2,500 3,000
O 2,210
N 2,000
D 1,527
J 1,363
F 1,397
M 1,900
A 2,220
M 2,537
J 2,324
J 1,968
A 1,704
S 1,658
2009
O 1,695
2010
N 1,487
D 1,885
Closings reported from Dec. 1,
6, 2010
2008 through Dec. 31,2010
Jan. 5, 2010decreased
increased47.2
23.4percent
percent
when compared to the same period a year ago.
 Additional market activity data is available for December 2010
members at www.Carolinarealtors.com.

Average residential closing price Mortgage rates

$175K $200K $225K

O $196,204 5.25
N $195,244
D $211,705

5.14
J $200,592

5.06
5.00

5.05
F

4.98

4.99
$191,288
M $197,564
A $201,410 2009
4.75

4.78
4.74
M $212,454 2010

4.71
J $215,559
J $217,320
4.50

4.50
A $225,156

4.35

4.30
S $203,799

4.43

4.23
O $ 202,840
4.25
N $215,239 D J F M A M J J A S O N D
D $193,910
2009 2010
The average closing price from Dec. 1, 2010 through Dec. 31, 2010
decreased 8.4 percent when compared to the same period a year ago. Source: Freddie Mac, Primary Mortgage Market Survey, 30-Year Fixed Mortgage Rate, compilation of Weekly Surveys

CMLS listings by price range

CLOSED On Market
100 200 300 400 500 600 700 800 1,000 2,000 3,000 4,000 5,000 6,000

< $120K 751 < $120K 5,807

$120K-150K 219 $120K-150K 2,798

$150K-190K 262 $150K-190K 2,804

$190K-250K 224 $190K-250K 2,796

$250K-350K 212 $250K-350K 2,587

115 $350K-500K 1,832

$350K-500K

$500K-1M 88 $500K-1M 1,565

$1 Million + 14 $1 Million + 507

TOTAL CLOSED: 1,885 TOTAL ON MARKET: 20,696

Sales Trends December 2010 r

ealtor® reflections
C
 Additional market activity data is available for
members at www.Carolinarealtors.com.

Days on market

Of reported home sales that closed from Dec. 1, 2010 through Dec. 31, 2010, 34 percent came under contract in 121 days
or more; 14 percent came under contract between 91 and 120 days; 15 percent came under contract between 61 and 90
days; and 37 percent came under contract in 60 days or fewer. Percentages are rounded to reflect 100 percent.
Average days on market: 114.4

352
0-30

31-60
648
61-90 Data on these pages comes from Carolina Multiple
Listing Services, Inc. The information may be
91-120
342 subject to errors and should be verified by the
user. Additional market activity data is available
121+
for members at www.Carolinarealtors.com.
257 This information/data is for counties in the CMLS
service area, but the CMLS information/Data also
286
includes listings outside the service area, which
CE-RR-HalfPg4C.pdf 5/7/09 2:30:15 PM are included in the compilations.

GREATER KNOWLEDGE
C
EDUCATION
CONTINUING
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D realtor® reflections Sales Trends December 2010