Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 949,000 |
6 % |
6 % |
|||||
Average List Price of all Current Listings |
$ 1,850,730 |
2 % |
-2% |
|||||
February Median Sales Price |
$ 790,000 |
16 % |
11 % |
15 % |
19 % |
$ 738,750 |
0 % |
11 % |
February Average Sales Price |
$ 1,083,163 |
5 % |
10 % |
-5% |
0 % |
$ 1,057,603 |
-9% |
-3% |
Total Properties Currently for Sale ( Inventory ) |
585 |
0 % |
3 % |
|||||
February Number of Properties Sold |
52 |
8 % |
-5% |
100 |
-9% |
|||
February Average Days on Market ( Solds ) |
116 |
15 % |
17 % -13% |
26 % |
109 |
-13% |
18 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 476 |
11 % |
5 % |
3 % |
9 % |
$ 452 |
1 % |
3 % |
February Sold Price per Square Foot |
$ 381 |
4 % |
1 % |
1 % |
0 % |
$ 374 |
-1% |
-2% |
February Month ' s Supply of Inventory |
11.3 |
-8% |
6 % |
9 % |
23 % |
11.7 |
17 % |
28 % |
February Sale Price vs List Price Ratio |
89.8 % -1.3% -1.3% -. 4 % -2.5% |
90.4 % |
-0% |
-2% |
Property Sales |
100 |
|
February Property sales were 52 , down 5.5 % from 55 in
February of 2016 and 8.3 % higher than the 48 sales last month .
|
90 |
|
Property
February 2017 Sales sales were at a mid level compared to February
100 of
|
80 |
|
February
2016 and Property 2015 . February sales were YTD 52 , down sales 5.5 of 100 % from are 55 running 9.1 %
February behind last of 2016 year and ' s year-to-date 8.3 % higher sales than of the 110 48 . sales last month .
February 2017 sales were at a mid level compared to February of
|
90
80
|
70
60
|
2016 and 2015 . February YTD sales of 100 are running 9.1 % |
70 |
50 |
behind last year ' s year-to-date sales of 110 . |
60 |
40 |
40 |
20 |
|||||||||||||||||
30 |
10 |
|||||||||||||||||
20 |
0 |
|||||||||||||||||
10 |
M
A M J
|
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F |
|||||
0 |
14 |
15 |
16 |
17 |
||||||||||||||
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in February was $ 790,000 , up 15.3 %
1,500
Prices from $ 685,000 in February of 2016 and up 16.2 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 680,120 Median last Sales month Price . in The February Average was Sales $ 790,000 Price , in up February 15.3 % was
1,400
1,500 from
$ 1,083,163 $ 685,000 , down in February 5.3 % from of 2016 $ 1,144,089 and up 16.2 in February % from of 2016
1,300
$ 680,120 last month . The Average Sales Price in February was
1,400 and up 5.2 % from $ 1,029,912 last month . February 2017 ASP
1,200
$ 1,083,163 , down 5.3 % from $ 1,144,089 in February of 2016
1,300 was at the lowest level compared to February of 2016 and 2015 .
1,100 and up 5.2 % from $ 1,029,912 last month . February 2017 ASP
1,200
1,000 was at the lowest level compared to February of 2016 and 2015 .
1,100
900
1,000
800
900
700
800
600
700
600
500
500
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
M
A
14 M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
| ||||||||||||||||||
14 |
15 |
16 |
17 |
|||||||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 585 , of up Properties 0.2 % from available 584 last for month sale as and of up 3.0 %
February from 568 was in 585 February , up 0.2 of % last from year 584 . last February month 2017 and up Inventory 3.0 % was
700 from at its 568 highest in February level compared of last year with . February 2017 of Inventory 2016 and was 2015 .
600 at its highest level compared with February of 2016 and 2015 .
500
|
700
600
500
400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
14.0
12.0
10.0
|
14.0
12.0
10.0
8.0
|
||||||||||||||
400 |
300 |
8.0 |
6.0 |
|||||||||||||||
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a
11.3200 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 11.3 of 2016 months was at its highest level compared with February of 2016
100 and 2015 . and 2015 .
0
|
200
100
0
M
A M J
A J
14
|
J A S O N D J
F M A M J
F M A M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
6.0
4.0
2.0
0.0
J A S O N D J
F
F
17
|
4.0
2.0
0.0
|