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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 |
$ 259,900 |
4 % |
13 % |
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Average List Price of all Current Listings |
$ 348,775 |
4 % |
17 % |
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February Median Sales Price |
$ 205,000 |
6 % |
3 % |
21 % |
8 % |
$ 197,990 |
14 % |
4 % |
February Average Sales Price |
$ 216,253 |
4 % |
2 % |
15 % |
4 % |
$ 212,547 |
10 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
1,808 |
-8% |
-21% |
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February Number of Properties Sold |
422 |
1 % |
-4% |
839 |
2 % |
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February Average Days on Market ( Solds ) |
84 |
14 % |
12 % |
2 % |
14 % |
79 |
0 % |
7 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 121 |
-4% |
-1% |
8 % |
3 % |
$ 124 |
10 % |
6 % |
February Sold Price per Square Foot |
$ 110 |
2 % |
1 % |
12 % |
5 % |
$ 109 |
10 % |
4 % |
February Month ' s Supply of Inventory |
4.3 |
-9% |
0 % |
-18% |
4 % |
4.5 |
-20% |
9 % |
February Sale Price vs List Price Ratio |
94.9 % |
. 6 % |
. 3 % |
1.7 % |
. 4 % |
94.6 % |
1 % |
0 % |
Property Sales |
700 |
|
February Property sales were 422 , down 4.1 % from 440 in | ||
February of 2016 and 1.2 % higher than the 417 sales last month . |
600 |
|
Property
February 2017 Sales sales were at their lowest level compared to
|
700 |
|
February Property of 2016 sales and 2015 were . 422 February , down 4.1 YTD % from sales 440 of 839 in are |
500 |
|
February running of 1.82016 % ahead and 1.2 of % last higher year ' than s year-to-date the 417 sales sales last of month 824 ..
February 2017 sales were at their lowest level compared to
|
600 |
400 |
February of 2016 and 2015 . February YTD sales of 839 are |
500 |
|
running 1.8 % ahead of last year ' s year-to-date sales of 824 . |
300 |
|
400 |
||
200 |
||
300 |
||
200 |
100 |
100 |
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 |
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in February was $ 205,000 , up 20.6 %
Prices from $ 170,000 in February of 2016 and up 5.7 % from $ 194,000
The last Median month Sales . The Price Average in February Sales Price was in $ 205,000 February , up was 20.6 $ 216,253 % ,
250 from up 14.9 $ 170,000 % from in $ February 188,254 in of February 2016 and of up 2016 5.7 % and from up $ 194,000 3.6 % from last month . The Average Sales Price in February was $ 216,253 ,
240
$ 208,796 last month . February 2017 ASP was at the highest up 14.9 % from $ 188,254 in February of 2016 and up 3.6 % from
230 level compared to February of 2016 and 2015 .
$ 208,796 last month . February 2017 ASP was at the highest
220 level compared to February of 2016 and 2015 .
210
200
190
180
170
160
150
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M
A M J
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
14
15
16
17
3 Mo Avg
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
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
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
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14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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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 1,808 of , Properties down 8.1 % available from 1,967 for sale last as month of and
3,000
February down 21.0 was % 1,808 from , 2,290 down 8.1 in February % from 1,967 of last year month . February and 2017
3,000
9.0
2,500 down
Inventory 21.0 % was from at 2,290 its lowest in February level compared of last year with . February 2017 of
8.0
2,500
Inventory
2016 and was 2015 at . its lowest level compared with February of
2,000
7.0
2016 and 2015 .
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The February 2017 MSI of 4.3 higher MSI is better for buyers . The February 2017 MSI of 4.3
500
2.0 months was at its lowest level compared with February of 2016
500 months was at its lowest level compared with February of 2016
1.0 and 2015 .
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
A J
F M A M J
F M A M J
F
14
15
16
17
|