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 |
$ 899,000 |
7 % |
20 % |
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Average List Price of all Current Listings |
$ 1,538,941 |
-3% |
24 % |
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February Median Sales Price |
$ 545,000 |
-17% -5% |
-8% |
-5% |
$ 595,000 |
-12% |
4 % |
|
February Average Sales Price |
$ 688,883 |
-13% -3% -15% |
-7% |
$ 737,914 |
-11% |
-1% |
||
Total Properties Currently for Sale ( Inventory ) |
381 |
-2% |
8 % |
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February Number of Properties Sold |
36 |
9 % |
33 % |
69 |
8 % |
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February Average Days on Market ( Solds ) |
119 |
25 % |
7 % |
-18% |
0 % |
107 |
-22% |
-10% |
Asking Price per Square Foot ( based on New Listings ) |
$ 523 |
-18% -3% |
11 % |
4 % |
$ 581 |
16 % |
16 % |
|
February Sold Price per Square Foot |
$ 382 |
-16% -8% |
-1% |
-12% |
$ 416 |
-5% |
-4% |
|
February Month ' s Supply of Inventory |
10.6 -10% -5% -19% |
6 % |
11.2 |
3 % |
12 % |
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February Sale Price vs List Price Ratio |
90.7 % -2.3% -1.4% . 2 % |
-1.6% |
91.7 % |
0 % |
-1% |
Number of Properties Sold |
3 Mo Avg |
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Property Sales |
70 |
|||||||||||||||||||||
February Property sales were 36 , up 33.3 % from 27 in February of 2016 and 9.1 % higher than the 33 sales last month . February |
60 |
Number of Properties Sold |
3 Mo Avg |
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Property
2017 sales Sales were at their highest level compared to February of
70
|
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February
2016 and Property 2015 . February sales were YTD 36 , up sales 33.3 of % 69 from are 27 running February 7.8 %
|
50 |
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of ahead 2016 and of last 9.1 year % higher ' s year-to-date than the 33 sales sales of last 64 month . . February
2017 sales were at their highest level compared to February of
2016 and 2015 . February YTD sales of 69 are running 7.8 % ahead of last year ' s year-to-date sales of 64 .
|
60
50
|
40
30
|
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40 |
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20 |
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30 |
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20 |
10 |
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10 |
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 |
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0 |
14 |
15 |
16 |
17 |
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M
A M J
Prices
14
The Median Sales Price in February was $ 545,000 , down 8.2 %
1,200
Prices from $ 594,000 in February of 2016 and down 17.3 % from
The
$ 659,000 Median last Sales month Price . in The February Average was Sales $ 545,000 Price , in down February 8.2 % was
1,100
1,200 from
$ 688,883 $ 594,000 , down in February 14.6 % from of 2016 $ 806,560 and down in February 17.3 % from of 2016 and
1,000
$ down 659,000 13.0 last % from month $ . 791,402 The Average last month Sales Price . February in February 2017 was ASP was
1,100
$ at 688,883 the lowest , down level 14.6 compared % from $ 806,560 to February in February of 2016 of and 2016 2015 and .
900
1,000
|
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 |
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down 13.0 % from $ 791,402 last month . February 2017 ASP was at the lowest level compared to February of 2016 and 2015 . |
900
800
|
800
700
|
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700 |
600 |
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600 |
500 |
|||||||||||||||||||||
500 |
400 |
|||||||||||||||||||||
400 |
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 ) |
|||||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 381 , of down Properties 2.1 % from available 389 for last sale month as of and up 7.9 %
February from 353 was in 381 February , down of 2.1 last % from year 389 . February last month 2017 and Inventory up 7.9 % was
450 from at a 353 mid in level February compared of last with year February . of 2017 2016 Inventory and 2015 was .
400
|
450
400
350
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0 |
20.0
15.0
|
||||||||||||||||||
at a mid level compared with February of 2016 and 2015 . |
350 |
300 |
15.0 |
|||||||||||||||||||
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The February 2017 MSI of 10.6 higher MSI is better for buyers . The February 2017 MSI of 10.6
100 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016
50 and 2015 . and 2015 .
0
|
250
200
10.0
150
100
5.0
50
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
|
10.0
5.0
0.0
|
315 |
340 |
|||||
313 |
320 |
|||||
308 |
315 |
|||||
309 |
313 |
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328
308
|
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370
309
|