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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 |
$ 419,000 |
2 % |
9 % |
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Average List Price of all Current Listings |
$ 830,182 |
5 % |
18 % |
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January Median Sales Price |
$ 265,000 |
-2% |
-2% |
-5% |
-4% |
$ 265,000 |
-5% |
-4% |
January Average Sales Price |
$ 357,353 |
-13% -6% |
-3% |
-6% |
$ 357,353 |
-3% |
-6% |
|
Total Properties Currently for Sale ( Inventory ) |
1,988 |
7 % |
-1% |
|||||
January Number of Properties Sold |
229 -25% |
-14% |
229 |
-14% |
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January Average Days on Market ( Solds ) |
86 |
8 % |
4 % |
-4% |
-3% |
86 |
-4% |
-3% |
Asking Price per Square Foot ( based on New Listings ) |
$ 214 |
-2% |
1 % |
14 % |
9 % |
$ 214 |
14 % |
9 % |
January Sold Price per Square Foot |
$ 169 |
0 % |
1 % |
8 % |
3 % |
$ 169 |
8 % |
3 % |
January Month ' s Supply of Inventory |
8.7 |
43 % |
16 % |
14 % |
46 % |
8.7 |
14 % |
46 % |
January Sale Price vs List Price Ratio |
92.9 % |
. 5 % |
-. 1 % 1.3 % |
. 1 % |
92.9 % |
1 % |
0 % |
Property Sales |
500 |
|
January Property sales were 229 , down 13.6 % from 265 in
January of 2016 and 25.4 % lower than the 307 sales last month .
|
450 |
|
Property
January 2017 Sales sales were at their lowest level compared to
|
500 |
400 |
January Property of 2016 sales and 2015 were . 229 January , down YTD 13.6 % sales from of 265 229 in are
January running of 13.6 2016 % and behind 25.4 last % lower year than ' s year-to-date the 307 sales sales last of month 265 . .
January 2017 sales were at their lowest level compared to
|
450
400
|
350
300
|
January of 2016 and 2015 . January YTD sales of 229 are |
350 |
250 |
running 13.6 % behind last year ' s year-to-date sales of 265 . |
300 |
200 |
200 |
100 |
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150 |
50 |
||||||||||||||||
100 |
0 |
||||||||||||||||
50 |
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 M J |
J |
A S O N D |
J |
||||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in January was $ 265,000 , down 4.7 %
Prices from $ 278,000 in January of 2016 and down 1.9 % from
The
$ 270,000 Median last Sales month Price . in The January Average was Sales $ 265,000 Price , down in January 4.7 % was
450 from
$ 357,353 $ 278,000 , down in January 2.6 % from of 2016 $ 367,049 and down in January 1.9 % from of 2016 and
|
F
M A M J
14
450
400
|
J |
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
|||||||||||||
$ down 270,000 13.0 last % from month $ . 410,674 The Average last month Sales Price . January in January 2017 was ASP was
$ 357,353 , down 2.6 % from $ 367,049 in January of 2016 and
400 at the lowest level compared to January of 2016 and 2015 .
|
350 |
||||||||||||||||
down 13.0 % from $ 410,674 last month . January 2017 ASP was |
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at the lowest level compared to January of 2016 and 2015 . |
350 |
300 |
250 | |||||||
200 |
|||||||
200 |
F |
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 M J
J
A S O N D
J
M
14 A 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
17
|
|||||
14 |
15 |
16 |
17 |
||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 1,988 of , up Properties 6.6 % from available 1,865 last for sale month as of and down
3,000
January
1.2 % from was 2,013 1,988 , in up January 6.6 % from of last 1,865 year last . month January and 2017 down Inventory
3,000
2,500
1.2 was % from at its 2,013 lowest in level January compared of last year with . January 2017 of 2016 Inventory and 2015
2,500 . was at its lowest level compared with January of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0
10.0
|
12.0
10.0
8.0
|
||||
2,000
1,500
|
8.0 |
6.0 |
|||||
1,500
6.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0 higher MSI is better for buyers . The January 2017 MSI of 8.7 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 8.7
500 of 2016
500
2.0 months and 2015 was
. at its highest level compared with January of 2016
0 and 2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
|
4.0
2.0
0.0
|