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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 |
$ 325,000 |
5 % |
16 % |
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Average List Price of all Current Listings |
$ 413,303 |
6 % |
17 % |
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February Median Sales Price |
$ 220,000 |
-8% |
-3% |
22 % |
-2% |
$ 228,900 |
16 % |
2 % |
February Average Sales Price |
$ 242,875 |
-10% -6% |
14 % |
-6% |
$ 255,381 |
13 % |
-1% |
|
Total Properties Currently for Sale ( Inventory ) |
1,489 |
-4% |
-8% |
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February Number of Properties Sold |
335 |
17 % |
7 % |
622 |
7 % |
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February Average Days on Market ( Solds ) |
67 |
-9% |
2 % |
2 % |
0 % |
70 |
8 % |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 163 |
-1% |
2 % |
12 % |
9 % |
$ 164 |
13 % |
9 % |
February Sold Price per Square Foot |
$ 137 |
-5% |
-2% |
13 % |
0 % |
$ 140 |
12 % |
3 % |
February Month ' s Supply of Inventory |
4.4 -18% -1% -14% |
17 % |
4.9 |
-9% |
29 % |
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February Sale Price vs List Price Ratio |
94.8 % |
. 5 % |
-. 1 % 1.0 % |
. 1 % |
94.6 % |
0 % |
-0% |
|
Property Sales |
500 |
|
February Property sales were 335 , up 6.7 % from 314 in February of 2016 and 16.7 % higher than the 287 sales last month . |
450 |
|
|
Property
February 2017 Sales sales were at their highest level compared to
|
500 |
400 |
|
February Property of 2016 sales and 2015 were . 335 February , up 6.7 % YTD from sales 314 of in 622 February are of running 2016 and 6.7 16.7 % ahead % higher of last than year the ' 287 s year-to-date sales last month sales . of 583 .
February 2017 sales were at their highest level compared to
|
450
400
|
350
300
|
February of 2016 and 2015 . February YTD sales of 622 are |
350 |
250 |
running 6.7 % ahead of last year ' s year-to-date sales of 583 . |
300 |
200 |
200 |
100 |
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150 |
50 |
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100 |
0 |
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50 |
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 $ 220,000 , up 22.2 %
Prices from $ 180,000 in February of 2016 and down 8.3 % from
The
$ 240,000 Median last Sales month Price . in The February Average was Sales $ 220,000 Price , in up February 22.2 % was
300 from
$ 242,875 $ 180,000 , up 14.0 in February % from of $ 212,991 2016 and in down February 8.3 % of from 2016 and
$ 240,000 last month . The Average Sales Price in February was
280 down 10.0 % from $ 269,978 last month . February 2017 ASP was
$ 242,875 , up 14.0 % from $ 212,991 in February of 2016 and
260 at the highest level compared to February of 2016 and 2015 . down 10.0 % from $ 269,978 last month . February 2017 ASP was
240 at the highest level compared to February of 2016 and 2015 .
220
200
180
160
140
120
100
|
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
300
Median Sales Price and Average Sales Price
280
3 Mo Avg
260
240
220
200
180
160
140
120
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 1,489 of , Properties down 3.9 % available from 1,550 for sale last as month of and
1,800
February down 8.1 was % from 1,4891,620 , down in 3.9 February % from 1,550 of last last year month . February and
20171,8001,600
7.0 down
Inventory 8.1 % from was at 1,620 its lowest in February level compared of last year . with February February 2017 of
1,6001,400
6.0
Inventory
2016 and was 2015 at . its lowest level compared with February of
1,4001,200
5.0
2016 and 2015 .
1,2001,000
1,000
800
4.0
A comparatively lower MSI is more beneficial for sellers while a
800
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The February 2017 MSI of 4.4
400
2.0 higher MSI is better for buyers . The February 2017 MSI of 4.4
400 months was at its lowest level compared with February of 2016
200 months was at its lowest level compared with February of 2016
200
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
|
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
|
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