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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 |
$ 418,000 |
5 % |
5 % |
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Average List Price of all Current Listings |
$ 845,960 |
0 % |
21 % |
|||||
March Median Sales Price |
$ 295,000 |
7 % |
7 % |
9 % |
7 % |
$ 276,750 |
1 % |
1 % |
March Average Sales Price |
$ 469,054 |
22 % |
14 % |
11 % |
23 % |
$ 410,857 |
7 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
1,924 |
-4% |
-7% |
|||||
March Number of Properties Sold |
385 |
22 % |
1 % |
946 |
0 % |
|||
March Average Days on Market ( Solds ) |
102 |
17 % |
13 % |
7 % |
15 % |
93 |
0 % |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 200 |
-6% |
-4% |
9 % |
3 % |
$ 208 |
10 % |
7 % |
March Sold Price per Square Foot |
$ 184 |
12 % |
6 % |
10 % |
12 % |
$ 173 |
6 % |
5 % |
March Month ' s Supply of Inventory |
5.0 -21% -24% -8% |
-16% |
6.6 |
-2% |
10 % |
|||
March Sale Price vs List Price Ratio |
92.1 % -1.3% -. 6 % |
. 1 % |
-. 8 % |
92.7 % |
1 % |
-0% |
Property Sales |
500 |
|
March Property sales were 385 , up 1.0 % from 381 in March of
2016 and 21.8 % higher than the 316 sales last month . March
|
450 |
|
Property
2017 sales Sales were at a mid level compared to March of 2016 and
500
|
400 |
|
March
2015 . Property March YTD sales sales were of 385 946 , up are 1.0 running % from 381 0.1 % in ahead March of last
450
2016 year and ' s year-to-date 21.8 % higher sales than of the 945 316 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
400
|
350
300
|
|
2015 . March YTD sales of 946 are running 0.1 % ahead of last |
350 |
250 |
year ' s year-to-date sales of 945 . |
300 |
200 |
200 |
100 |
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150 |
50 |
||||||||||||||||
100 |
0 |
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50 |
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 |
||||
0 |
14 |
15 |
16 |
17 |
|||||||||||||
Prices
The Median Sales Price in March was $ 295,000 , up 9.3 % from
Prices
$ 270,000 in March of 2016 and up 6.8 % from $ 276,200 last
The month Median . The Sales Average Price Sales in March Price was in $ March 295,000 was , up $ 469,054 9.3 % from , up
500
$
10.9 270,000 % from in March $ 422,912 of 2016 in March and up of 6.8 2016 % from and $ up 276,200 22.4 % last from
|
A
M J
14
500
450
|
J |
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
|||||||||||||
month
$ 383,229 . The last Average month Sales . March Price 2017 in March ASP was $ at 469,054 the highest , up level
450
10.9 compared % from $ to 422,912 March in of March 2016 and of 2016 2015 and . up 22.4 % from
|
400 |
||||||||||||||||
$ 383,229 last month . March 2017 ASP was at the highest level |
400 |
350 |
|||||||||||||||
compared to March of 2016 and 2015 . |
|||||||||||||||||
350 |
300 |
250 |
200 |
|||||
200 |
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
M
14 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 M
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 March
The was Total 1,924 Inventory , down 3.7 of % Properties from 1,998 available last month for sale and as down of March 6.6 %
3,000 was from 1,924 2,061 , down in March 3.7 % from of last 1,998 year last . March month 2017 and down Inventory 6.6 % was at
3,000
2,500 from its lowest 2,061 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
2,500 its lowest level compared with March of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
9.0
8.0
7.0
|
9.0
8.0
7.0
6.0
|
|||
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 March 2017 MSI of 5.0 higher MSI is better for buyers . The March 2017 MSI of 5.0
500
2.0 months was at its lowest level compared with March of 2016 and
500 months was at its lowest level compared with March of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
|
5.0
4.0
3.0
2.0
1.0
0.0
|