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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 |
$ 225,000 |
7 % |
23 % |
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Average List Price of all Current Listings |
$ 328,247 |
6 % |
22 % |
|||||
March Median Sales Price |
$ 155,000 |
0 % |
1 % |
7 % |
2 % |
$ 154,000 |
6 % |
1 % |
March Average Sales Price |
$ 191,991 |
-0% |
-1% |
12 % |
1 % |
$ 194,265 |
11 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
1,559 |
-3% |
-21% |
|||||
March Number of Properties Sold |
455 |
34 % |
6 % |
1,110 |
6 % |
|||
March Average Days on Market ( Solds ) |
89 |
-4% |
-2% -15% |
-2% |
92 |
-11% |
1 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 131 |
6 % |
6 % |
10 % |
12 % |
$ 128 |
11 % |
9 % |
March Sold Price per Square Foot |
$ 109 |
-0% |
1 % |
19 % |
6 % |
$ 110 |
16 % |
7 % |
March Month ' s Supply of Inventory |
3.4 -27% -22% -26% -25% |
4.4 |
-23% |
-4% |
||||
March Sale Price vs List Price Ratio |
94.6 % |
. 3 % |
. 3 % |
. 4 % |
. 5 % |
94.2 % |
1 % |
0 % |
Property Sales |
600 |
|
March Property sales were 455 , up 6.3 % from 428 in March of | ||
2016 and 33.8 % higher than the 340 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
600
|
500 |
|
March and 2015 Property . March sales YTD were sales 455 , of up 1,110 6.3 % are from running 428 in 5.9 March % ahead of of
2016 last and year 33.8 ' s year-to-date % higher than sales the of 340 1,048 sales . last month . March
500
2017 sales were at their highest level compared to March of 2016
|
400 |
|
and 2015 . March YTD sales of 1,110 are running 5.9 % ahead of last year ' s year-to-date sales of 1,048 . |
400 |
300 |
300 |
200 |
100 |
0 |
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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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in March was $ 155,000 , up 7.0 % from
|
A
M J
14
|
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
|
3 Mo Avg |
|||||||||||||
Prices
$ 144,800 in March of 2016 and up 0.3 % from $ 154,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 155,000 was , up $ 7.0 191,991 % from , up
$
12.5 144,800 % from in March $ 170,706 of 2016 in March and up of 0.3 2016 % from and $ down 154,500 0.0 last % from
240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
month
$ 192,011 . The last Average month Sales . March Price 2017 in March ASP was $ at 191,991 the highest , up level
12.5 % from $ 170,706 in March of 2016 and down 0.0 % from
220 compared to March of 2016 and 2015 .
$ 192,011 last month . March 2017 ASP was at the highest level
200
|
200
180
|
||||||||||||||||
compared to March of 2016 and 2015 . |
180 |
160 |
120 |
100 |
|||||
100 |
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 1,559 Inventory , down 2.9 of % Properties from 1,606 available last month for sale and as down of March 20.9 %
3,000 was from 1,559 1,971 , down in March 2.9 % from of last 1,606 year last . March month 2017 and Inventory down 20.9 % was at
3,000
2,500 from its lowest 1,971 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 3.4 higher MSI is better for buyers . The March 2017 MSI of 3.4
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
|