Trending versus *: |
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 |
$ 575,000 |
1 % |
7 % |
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Average List Price of all Current Listings |
$ 806,594 |
2 % |
9 % |
|||||
March Median Sales Price |
$ 370,000 |
9 % |
5 % |
18 % |
4 % |
$ 360,000 |
17 % |
1 % |
March Average Sales Price |
$ 463,360 |
5 % |
0 % |
14 % |
-5% |
$ 488,611 |
0 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
647 |
1 % |
-24% |
|||||
March Number of Properties Sold |
99 |
32 % |
8 % |
247 |
28 % |
|||
March Average Days on Market ( Solds ) |
149 |
24 % |
14 % -21% |
6 % |
135 |
-22% |
-4% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 302 |
5 % |
5 % |
8 % |
9 % |
$ 290 |
5 % |
5 % |
March Sold Price per Square Foot |
$ 270 |
9 % |
4 % |
17 % |
9 % |
$ 267 |
10 % |
8 % |
March Month ' s Supply of Inventory |
6.5 -23% -18% -30% -38% |
8.0 |
-44% |
-24% |
||||
March Sale Price vs List Price Ratio |
94.5 %
2.3 % 1.3 % 3.7 % 1.8 %
|
93.4 % |
3 % |
1 % |
Property Sales |
120 |
|
March Property sales were 99 , up 7.6 % from 92 in March of | ||
2016 and 32.0 % higher than the 75 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
120
|
100 |
|
March
2015 . Property March YTD sales sales were of 99247 , up are 7.6 % running from 9228.0 in March % ahead of of last
2016 year and ' s year-to-date 32.0 % higher sales than of the 19375 . sales last month . March
100
2017 sales were at a mid level compared to March of 2016 and
|
80 |
|
2015 . March YTD sales of 247 are running 28.0 % ahead of last year ' s year-to-date sales of 193 . |
80 |
60 |
60 |
40 |
20 |
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 $ 370,000 , up 17.9 % from
Prices
$ 313,750 in March of 2016 and up 9.5 % from $ 338,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 370,000 was , up $ 463,360 17.9 % from , up
600
$
14.3 313,750 % from in March $ 405,503 of 2016 in March and up of 9.52016 % from and $ 338,000 up 5.3 % from last month
$ 440,057 . The last Average month Sales . March Price 2017 in March ASP was $ at 463,360 the highest , up level
550
|
A
M J
14
600
550
500
|
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 |
|||||||||||||
14.3 compared % from $ to 405,503 March in of March 2016 and of 2016 2015 and . up 5.3 % from
$ 440,057 last month . March 2017 ASP was at the highest level
|
500 |
450 |
|||||||||||||||
compared to March of 2016 and 2015 . |
450 |
400 |
300 |
250 |
|||||||
250 |
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 647 , Inventory up 1.3 % from of Properties 639 last available month and for down sale as 24.2 of March % from
1,200 was 854647 in , March up 1.3 % of from last year 639 last . March month 2017 and Inventory down 24.2 was % from at its
1,200
1,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0 |
20.0 |
|||||
854 lowest in March level compared of last year . with March March 2017 of Inventory 2016 and was 2015 at . its lowest level compared with March of 2016 and 2015 . |
1,000 |
800 |
15.0 |
15.0 |
||||
800 |
600 |
10.0 |
||||||
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The March 2017 MSI of 6.5 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 6.5 of 2016 and
200 months
2015 . was at its lowest level compared with March of 2016 and
2015 .
0
|
10.0
400
200
5.0
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
0.0
|