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 |
$ 250,000 |
4 % |
25 % |
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Average List Price of all Current Listings |
$ 443,716 |
5 % |
29 % |
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March Median Sales Price |
$ 190,000 |
1 % |
5 % |
20 % |
15 % |
$ 180,000 |
20 % |
9 % |
March Average Sales Price |
$ 259,198 |
-8% |
2 % |
22 % |
14 % |
$ 257,574 |
22 % |
13 % |
Total Properties Currently for Sale ( Inventory ) |
1,379 |
-9% |
-13% |
|||||
March Number of Properties Sold |
661 |
41 % |
16 % |
1,578 |
8 % |
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March Average Days on Market ( Solds ) |
51 |
-7% |
-6% |
-7% |
-9% |
55 |
-10% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 184 |
-3% |
1 % |
15 % |
10 % |
$ 184 |
16 % |
10 % |
March Sold Price per Square Foot |
$ 168 |
-6% |
2 % |
17 % |
12 % |
$ 166 |
19 % |
11 % |
March Month ' s Supply of Inventory |
2.1 -36% -29% -25% -28% |
2.9 |
-13% |
1 % |
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March Sale Price vs List Price Ratio |
94.0 % |
-. 4 % -. 4 % -. 6 % |
-. 4 % |
94.4 % |
1 % |
0 % |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||||||||||
Property Sales |
700 |
|||||||||||||||||||||||
March Property sales were 661 , up 15.6 % from 572 in March of
2016 and 41.2 % higher than the 468 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
700
|
600 |
Number of Properties Sold |
3 Mo Avg |
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March and 2015 Property . March sales YTD were sales 661 , of up 1,578 15.6 % are from running 572 in 8.2 March % ahead of of
2016 last and year 41.2 ' s year-to-date
% higher than sales the of 468
1,459 sales
. last month . March
600
2017 sales were at their highest level compared to March of 2016
|
500
400
|
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and 2015 . March YTD sales of 1,578 are running 8.2 % ahead of |
500 |
|||||||||||||||||||||||
last year ' s year-to-date sales of 1,459 . |
400 |
300 |
||||||||||||||||||||||
300 |
200 |
|||||||||||||||||||||||
200 |
100 |
|||||||||||||||||||||||
100 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in March was $ 190,000 , up 20.3 % from
Prices
$ 158,000 in March of 2016 and up 0.8 % from $ 188,450 last
The month Median . The Sales Average Price Sales in March Price was in $ March 190,000 was , up $ 259,198 20.3 % from , up
300
$
22.4 158,000 % from in March $ 211,834 of 2016 in March and up of 0.8 2016 % from and $ down 188,450 8.3 last % from month . The Average Sales Price in March was $ 259,198 , up
280
$ 282,592 last month . March 2017 ASP was at the highest level
22.4 % from $ 211,834 in March of 2016 and down 8.3 % from
260 compared to March of 2016 and 2015 .
$ 282,592 last month . March 2017 ASP was at the highest level
240 compared to March of 2016 and 2015 .
220
200
180
160
|
A
M J
14
300
280
260
240
220
200
180
160
140
|
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
Median Sales Price and Average Sales Price
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||||||||
140 |
120 |
|||||||||||||||||||||||
120 |
100 |
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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 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 |
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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
The was Total 1,379 Inventory , down 9.5 of % Properties from 1,523 available last month for sale and as down of March 12.9 %
2,500 was from 1,379 1,583 , down in March 9.5 % from of last 1,523 year last . March month 2017 and down Inventory 12.9 % was at
2,500 from 1,583 in March of last year . 2017 Inventory was at
2,000 its lowest level compared with March of 2016 and 2015 .
2,000 its lowest level compared with March of 2016 and 2015 .
1,500
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
6.0
5.0
4.0
|
||||||||||||
1,000 |
3.0 |
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A comparatively lower MSI is more beneficial for sellers while
1,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
March for 2017 sellers MSI while of 2.1 a higher MSI is better for buyers . The March 2017 MSI of 2.1 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
2015 .
2015 .
0
|
2.0
500
1.0
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
14
15
15
16
16
17
17
|