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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 |
$ 219,000 |
7 % |
22 % |
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Average List Price of all Current Listings |
$ 318,975 |
4 % |
20 % |
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February Median Sales Price |
$ 155,350 |
2 % |
1 % |
7 % |
2 % |
$ 154,000 |
7 % |
1 % |
February Average Sales Price |
$ 193,110 |
-4% |
-1% |
7 % |
2 % |
$ 197,067 |
10 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
1,514 |
-2% |
-20% |
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February Number of Properties Sold |
330 |
6 % |
2 % |
641 |
3 % |
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February Average Days on Market ( Solds ) |
93 |
-4% |
1 % |
-3% |
2 % |
95 |
-6% |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 125 |
-2% |
3 % |
12 % |
7 % |
$ 127 |
12 % |
9 % |
February Sold Price per Square Foot |
$ 109 |
-3% |
1 % |
17 % |
6 % |
$ 111 |
13 % |
8 % |
February Month ' s Supply of Inventory |
4.6 |
-8% |
1 % |
-22% |
1 % |
4.8 |
-23% |
5 % |
February Sale Price vs List Price Ratio |
94.4 % |
. 9 % |
. 2 % |
1.7 % |
. 3 % |
94.0 % |
1 % |
-0% |
Property Sales |
600 |
|
February Property sales were 330 , up 2.5 % from 322 in | ||
February of 2016 and 6.1 % higher than the 311 sales last month .
Property
February 2017 Sales sales were at their highest level compared to
600
|
500 |
|
February Property of 2016 sales and 2015 were . 330 February , up 2.5 % YTD from sales 322 of in 641 are
February running of 3.4 2016 % ahead and 6.1 of % last higher year than ' s year-to-date the 311 sales sales last of month 620 .
February 2017 sales were at their highest level compared to
|
500 |
400 |
February of 2016 and 2015 . February YTD sales of 641 are running 3.4 % ahead of last year ' s year-to-date sales of 620 . |
400 |
300 |
300 |
200 |
100 |
0 |
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A S O N D |
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16 |
17 |
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Prices
The Median Sales Price in February was $ 155,350 , up 7.2 % from
|
M
A M J
14
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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
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3 Mo Avg |
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Prices
$ 144,950 in February of 2016 and up 1.9 % from $ 152,500 last
The month Median . The Sales Average Price Sales in February Price in was February $ 155,350 was , up $ 7.2 193,110 % from , up
$
7.1 144,950 % from in $ February 180,255 of in 2016 February and up of 1.9 2016 % from and down $ 152,500 4.1 % last from
240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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month
$ 201,266 . The last Average month Sales . February Price in February 2017 ASP was $ at 193,110 the highest , up
7.1 % from $ 180,255 in of 2016 and down 4.1 % from
220 level compared to February of 2016 and 2015 .
$ 201,266 last month . February 2017 ASP was at the highest
200
|
200
180
|
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level compared to February of 2016 and 2015 . |
180 |
160 |
120 |
100 |
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100 |
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 1,514 of , down Properties 2.3 % available from 1,550 for sale last month as of and down
3,000
February
20.4 % from was 1,514 1,903 , down in February 2.3 % from of last 1,550 year last . February month and 2017 down
3,000
9.0
2,500
20.4
Inventory % from was 1,903 at in its February lowest level of last compared year . February 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 4.6 higher MSI is better for buyers . The February 2017 MSI of 4.6
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
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
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