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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 |
$ 196,788 |
9 % |
27 % |
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Average List Price of all Current Listings |
$ 265,578 |
7 % |
27 % |
|||||
March Median Sales Price |
$ 145,000 |
0 % |
1 % |
9 % |
3 % |
$ 142,700 |
10 % |
2 % |
March Average Sales Price |
$ 161,482 |
-5% |
-4% |
4 % |
-2% |
$ 163,004 |
6 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
1,166 |
-3% |
-18% |
|||||
March Number of Properties Sold |
359 |
36 % |
0 % |
870 |
3 % |
|||
March Average Days on Market ( Solds ) |
81 |
-7% |
-5% -16% |
-4% |
85 |
-10% |
1 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 111 |
2 % |
5 % |
12 % |
13 % |
$ 108 |
14 % |
10 % |
March Sold Price per Square Foot |
$ 91 |
-4% |
-2% |
8 % |
2 % |
$ 92 |
11 % |
3 % |
March Month ' s Supply of Inventory |
3.2 -28% -22% -18% -23% |
4.2 |
-22% |
-2% |
||||
March Sale Price vs List Price Ratio |
94.4 % |
. 4 % |
. 3 % |
. 4 % |
. 5 % |
94.0 % |
1 % |
0 % |
Property Sales |
500 |
|
March Property sales were 359 , up 0.3 % from 358 in March of
2016 and 36.0 % higher than the 264 sales last month . March
|
450 |
|
Property
2017 sales Sales were at their highest level compared to March of 2016
500
|
400 |
|
March and 2015 Property . March sales YTD were sales 359 , of up 870 0.3 are % from running 358 in 3.3 March % ahead of of
450
2016 last and year 36.0 ' s year-to-date % higher than sales the of 264 842 sales . last month . March
2017 sales were at their highest level compared to March of 2016
400
|
350
300
|
|
and 2015 . March YTD sales of 870 are running 3.3 % ahead of |
350 |
250 |
last year ' s year-to-date sales of 842 . |
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 |
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Prices
The Median Sales Price in March was $ 145,000 , up 8.6 % from
Prices
$ 133,500 in March of 2016 and up 0.3 % from $ 144,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 145,000 was , up $ 8.6 161,482 % from , up
200
$
3.7 133,500 % from in March $ 155,742 of 2016 in March and up of 0.3 2016 % from and down $ 144,500 4.8 % last from month . The Average Sales Price in March $ 161,482 , up
190
$ 169,673 last month . March 2017 ASP was at the highest level
3.7 % from $ 155,742 in March of 2016 and down 4.8 % from
180 compared to March of 2016 and 2015 .
$ 169,673 last month . March 2017 ASP was at the highest level
170 compared to March of 2016 and 2015 .
160
150
140
130
120
110
100
|
A
M J
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
14
15
16
17
3 Mo Avg
200
Median Sales Price and Average Sales Price
190
3 Mo Avg
180
170
160
150
140
130
120
110
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 |
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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 March
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,166 Inventory , down 2.5 of % Properties from 1,196 available last month for sale and as down of March 18.2 %
2,500 was from 1,166 1,425 , down in March 2.5 % from of last 1,196 year last . March month 2017 and down Inventory 18.2 % was at
2,500
9.0
2,000 from its lowest 1,425 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at
8.0
2,000 its lowest level compared with March of 2016 and 2015 .
7.0
1,500
6.0
1,500
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while
4.0
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The March 2017 MSI of 3.2
500 higher MSI is better for buyers . The March 2017 MSI of 3.2
500
2.0 months was at its lowest level compared with March of 2016 and 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
M J
F M A M J
F M A M J
F M
14
15
16
17
|
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
|