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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 |
$ 326,000 |
4 % |
10 % |
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Average List Price of all Current Listings |
$ 412,976 |
3 % |
11 % |
|||||
March Median Sales Price |
$ 235,000 |
4 % |
2 % |
18 % |
4 % |
$ 232,000 |
16 % |
3 % |
March Average Sales Price |
$ 259,978 |
7 % |
1 % |
9 % |
1 % |
$ 257,513 |
12 % |
0 % |
Total Properties Currently for Sale ( Inventory ) |
1,546 |
-0% |
-1% |
|||||
March Number of Properties Sold |
447 |
33 % |
4 % |
1,072 |
6 % |
|||
March Average Days on Market ( Solds ) |
69 |
3 % |
1 % |
-1% |
3 % |
70 |
4 % |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 157 |
-2% |
-1% |
7 % |
5 % |
$ 160 |
10 % |
7 % |
March Sold Price per Square Foot |
$ 139 |
2 % |
0 % |
5 % |
2 % |
$ 140 |
9 % |
3 % |
March Month ' s Supply of Inventory |
3.5 -25% -23% -5% |
-9% |
4.5 |
-7% |
18 % |
|||
March Sale Price vs List Price Ratio |
94.7 % |
-. 1 % |
. 0 % |
. 2 % |
-. 0 % |
94.6 % |
0 % |
-0% |
Property Sales |
500 |
|
|
March Property sales were 447 , up 4.2 % from 429 in March of
2016 and 32.6 % higher than the 337 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 447 , of up 1,072 4.2 % are from running 429 5.9 March % ahead of of
450
2016 last and year 32.6 ' s year-to-date % higher than sales the of 337 1,012 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 1,072 are running 5.9 % ahead of |
350 |
250 |
last year ' s year-to-date sales of 1,012 . |
300 |
200 |
200 |
100 |
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150 |
50 |
||||||||||||||||||
100 |
0 |
||||||||||||||||||
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 |
|||||||||||||||
|
Prices
The Median Sales Price in March was $ 235,000 , up 17.5 % from
Prices
$ 200,000 in March of 2016 and up 4.4 % from $ 225,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 235,000 was , up $ 259,978 17.5 % from , up
300
$
8.9 200,000 % from in $ March 238,816 of 2016 in March and up of 2016 4.4 % from and up $ 225,000 6.7 % from last month . The Average Sales Price in March $ 259,978 , up
280
$ 243,739 last month . March 2017 ASP was at the highest level
8.9 % from $ 238,816 in March of 2016 and up 6.7 % from
260 compared to March of 2016 and 2015 .
$ 243,739 last month . March 2017 ASP was at the highest level
240 compared to March of 2016 and 2015 .
220
200
180
160
140
120
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
300
Median Sales Price and Average Sales Price
280
3 Mo Avg
260
240
220
200
180
160
140
120
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 1,546 Inventory , down 0.2 of % Properties from 1,549 available last month for sale and as down of March 1.1 %
1,800 was from 1,546 1,563 , down in March 0.2 % from of last 1,549 year last . March month 2017 and down Inventory 1.1 % was at
1,800 a
1,600 from mid 1,563 level in compared March of with last year March . March of 2016 2017 and Inventory 2015 . was at a
1,6001,400 mid level compared with March of 2016 and 2015 .
1,4001,200
1,2001,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0
6.0
5.0
|
7.0
6.0
5.0
4.0
|
||||||||||||||||
|
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The March 2017 MSI of 3.5 higher MSI is better for buyers . The March 2017 MSI of 3.5
400 months was at a mid level compared with March of 2016 and months was at a mid level compared with March of 2016 and
200
2015 .
2015 .
0
|
800
600
400
200
0
A
M J
M J
14
|
J A S O N D J
F M A M J
F M A M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
4.0
3.0
2.0
1.0
0.0
J A S O N D J
F M
F M
17
|
3.0
2.0
1.0
0.0
|
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