Trending versus *: |
Trending versus *: |
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Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 569,000 |
-3% |
10 % |
|||||
Average List Price of all Current Listings |
$ 1,044,312 |
0 % |
18 % |
|||||
February Median Sales Price |
$ 396,500 |
5 % |
3 % |
11 % |
7 % |
$ 387,450 |
7 % |
5 % |
February Average Sales Price |
$ 689,540 |
8 % |
21 % |
29 % |
35 % |
$ 664,221 |
27 % |
30 % |
Total Properties Currently for Sale ( Inventory ) |
775 |
7 % |
-10% |
|||||
February Number of Properties Sold |
94 |
-2% |
1 % |
190 |
-4% |
|||
February Average Days on Market ( Solds ) |
93 -15% -3% |
-2% |
-5% |
101 |
0 % |
3 % |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 256 |
-3% |
-2% |
8 % |
6 % |
$ 260 |
7 % |
7 % |
February Sold Price per Square Foot |
$ 239 |
3 % |
10 % |
18 % |
18 % |
$ 235 |
18 % |
16 % |
February Month ' s Supply of Inventory |
8.2 |
9 % |
16 % -11% |
25 % |
7.9 |
-8% |
20 % |
|
February Sale Price vs List Price Ratio |
93.7 %
2.0 %
|
. 5 % |
. 9 % |
1.0 % |
92.8 % |
0 % |
0 % |
Number of Properties Sold |
3 Mo Avg |
||||||||||||||||||||
Property Sales |
180 |
||||||||||||||||||||
February Property sales were 94 , up 1.1 % from 93 in February of
2016 and 2.1 % lower than the 96 sales last month . February
|
160 |
Number of Properties Sold |
3 Mo Avg |
||||||||||||||||||
Property
2017 sales Sales were at their highest level compared to February of
180
|
140 |
||||||||||||||||||||
February
2016 and Property 2015 . February sales were YTD 94 , up sales 1.1 % of from 190 are 93 in running February 3.6 of %
2016 and 2.1 % lower than the 96 last month . February
160 behind last year ' s year-to-date sales of 197 .
|
120 |
||||||||||||||||||||
2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 190 are running 3.6 % behind last year ' s year-to-date sales of 197 . |
140
120
|
100
80
|
|||||||||||||||||||
100 |
60 |
||||||||||||||||||||
80 |
40 |
||||||||||||||||||||
60 |
20 |
||||||||||||||||||||
40 |
0 |
||||||||||||||||||||
20 |
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 |
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Prices
The Median Sales Price in February was $ 396,500 , up 10.8 %
Prices from $ 358,000 in February of 2016 and up 4.7 % from
The
$ 378,750 Median last Sales month Price . in The February Average was Sales $ 396,500 Price , in up February 10.8 % was
700 from
$ 689,540 $ 358,000 , up in 28.8 February % from of $ 535,158 2016 and in up February 4.7 % from of 2016 and up
$
7.8 378,750 % from last $ month 639,429 . The last Average month . Sales February Price in 2017 February ASP was was at the
650
$ highest 689,540 level , up 28.8 compared % from to $ 535,158 February in February of 2016 and of 2016 2015 and . up
600
|
M
A M J
14
700
650
600
550
|
J |
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
|||||||||||||||||
7.8 % from $ 639,429 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 . |
550
500
|
500
450
|
|||||||||||||||||||
450 |
400 |
||||||||||||||||||||
400 |
350 |
||||||||||||||||||||
350 |
300 |
||||||||||||||||||||
300 |
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 775 , of up Properties 7.0 % from available 724 last for month sale as and of down
February
10.2 % from was 863 775 , in up February 7.0 % from of 724 last last year month . February and down 2017
10.2
Inventory % from 863 was in at February its lowest of level last compared year . February with 2017 February of
Inventory
2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 .
|
1,000
1,000
800
800
600
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0
10.0
8.0
|
12.0
10.0
8.0
6.0
|
|||||||||||||||||
A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 8.2 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 8.2 of 2016
200 months and 2015 was
. at its lowest level compared with February of 2016 and 2015 .
0
|
400
6.0
4.0
200
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
|
4.0
2.0
0.0
|