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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 |
$ 439,000 |
-2% |
16 % |
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Average List Price of all Current Listings |
$ 514,833 |
-0% |
15 % |
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February Median Sales Price |
$ 300,000 |
40 % |
13 % |
38 % |
13 % |
$ 250,600 |
-11% |
-5% |
February Average Sales Price |
$ 411,509 |
85 % |
21 % |
51 % |
29 % |
$ 322,599 |
13 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
213 |
3 % |
-15% |
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February Number of Properties Sold |
35 |
13 % |
59 % |
66 |
14 % |
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February Average Days on Market ( Solds ) |
78 |
-5% |
8 % |
37 % |
5 % |
80 |
14 % |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 240 |
8 % |
3 % |
5 % |
8 % |
$ 232 |
6 % |
4 % |
February Sold Price per Square Foot |
$ 197 |
19 % |
-2% |
15 % |
-1% |
$ 183 |
1 % |
-8% |
February Month ' s Supply of Inventory |
6.1 |
-9% |
-3% -47% |
7 % |
6.4 |
-27% |
12 % |
|
February Sale Price vs List Price Ratio |
92.9 % |
. 3 % -1.5% 3.9 % |
-. 0 % |
92.8 % |
1 % |
-0% |
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
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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 $ 300,000 , up 37.9 %
600
Prices from $ 217,500 in February of 2016 and up 39.5 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 215,000 Median last Sales month Price . in The February Average was Sales $ 300,000 Price , in up February 37.9 % was 550
600 from $ 411,509 $ 217,500 , up 51.3 in February % from of $ 271,935 2016 and in up February 39.5 % from of 2016 and up 500 $ 215,000 last month . The Average Sales Price in February 550
85.2 % from $ 222,217 last month . February 2017 ASP was at a 450 $ mid 411,509 range , up compared 51.3 % from to $ February 271,935 in of February 2016 and of 2015 2016 . and up 500
400
85.2 % from $ 222,217 last month . February 2017 ASP was at a 450 mid range compared to February of 2016 and 2015 .
350 400
300
350 300
250
250 200
200 150
150 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
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Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 213 , of up Properties 2.9 % from available 207 last for month sale as and of down 300
14.0
February 15.5 % from was 252 213 , in up February 2.9 % from of 207 last last year month . February and down 2017 300 14.0
250 12.0
15.5 Inventory % from 252 was in at February its lowest of level last year compared . February with 2017 February of 250 12.0
10.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 200
10.0 2016 and 2015 .
200 8.0
150 8.0
150 6.0
A comparatively lower MSI is more beneficial for sellers while a 100 6.0
A comparatively lower MSI is more beneficial for sellers while a 100
4.0 higher MSI is better for buyers . The February 2017 MSI of 6.1
4.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 6.1 50 of 2016
2.0 50 months was at its lowest level compared with February of 2016 2.0 and 2015 . 0
0.0 and 2015 .
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
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