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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 |
$ 215,000 |
-1% |
10 % |
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Average List Price of all Current Listings |
$ 232,459 |
1 % |
21 % |
|||||
March Median Sales Price |
$ 179,950 |
0 % |
3 % |
20 % |
7 % |
$ 178,250 |
17 % |
6 % |
March Average Sales Price |
$ 175,945 |
2 % |
3 % |
17 % |
4 % |
$ 172,889 |
14 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
378 |
2 % |
-22% |
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March Number of Properties Sold |
102 |
31 % |
24 % |
236 |
16 % |
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March Average Days on Market ( Solds ) |
81 -23% -16% -40% -22% |
90 |
-31% |
-13% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 102 |
4 % |
1 % |
13 % |
9 % |
$ 103 |
14 % |
10 % |
March Sold Price per Square Foot |
$ 93 |
8 % |
6 % |
19 % |
10 % |
$ 90 |
15 % |
6 % |
March Month ' s Supply of Inventory |
3.7 -22% -27% -38% -30% |
5.1 |
-29% |
-4% |
||||
March Sale Price vs List Price Ratio |
97.3 %
3.0 % 1.5 % 4.2 % 2.1 %
|
95.7 % |
3 % |
0 % |
Property Sales |
140 |
|
March Property sales were 102 , up 24.4 % from 82 in March of | ||
2016 and 30.8 % higher than the 78 sales last month . March |
120 |
|
Property
2017 sales Sales were at their highest level compared to March of 2016
140
| ||
March and 2015 Property . March sales YTD were sales 102 , of up 236 24.4 are % from running 82 in 16.3 March % ahead of of |
100 |
|
2016 last and year 30.8 ' s year-to-date % higher than sales the of 78203 sales . last month . March
2017 sales were at their highest level compared to March of 2016
|
120 |
80 |
and 2015 . March YTD sales of 236 are running 16.3 % ahead of |
100 |
|
last year ' s year-to-date sales of 203 . |
60 |
|
80 |
||
40 |
||
60 |
||
40 |
20 |
0
20 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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 179,950 , up 20.0 % from
200
Prices $ 150,000 in March of 2016 and up 0.3 % from $ 179,450 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 179,950 was , up $ 20.0 175,945 % from , up
190
200 $ 17.0 150,000 % from in March $ 150,367 of 2016 in March and up of 0.3 2016 % from and $ up 179,450 1.8 % from last 180 month . The Average Sales Price in March $ 175,945 , up
190
$ 172,831 last month . March 2017 ASP was at the highest level 170 17.0 % from $ 150,367 in March of 2016 and up 1.8 % from 180 compared to March of 2016 and 2015 .
160
$ 172,831 last month . March 2017 ASP was at the highest level 170 150 compared to March of 2016 and 2015 . 160
140 150
130 140
120 130
110
120 110
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 378 , Inventory up 1.6 % from of Properties 372 last available month and for down sale as 22.4 of March % from 700
12.0 was 487378 in , March up 1.6 % of from last year 372 last . March month 2017 and Inventory down 22.4 was % from at its 700 600 12.0
10.0 487 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at . its 600
500 10.0 lowest level compared with March of 2016 and 2015 . 8.0
500 400
8.0
400 6.0
300 6.0
A comparatively lower MSI is more beneficial for sellers while 300 a 4.0
200 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 3.7 200 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 3.7 of 2016 and
100 2.0
2.0 months was at its lowest level compared with March of 2016 and
100 2015 .
0 0.0
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
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587 | ||||||
609
587
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626
587
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609 |
609 |
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586 |
626 |
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594 |
609 |
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585 |
586 |
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559 |
594 |
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561 |
585 |
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542 |
559 |