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 |
$ 919,000 |
2 % |
23 % |
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Average List Price of all Current Listings |
$ 1,638,764 |
1 % |
31 % |
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March Median Sales Price |
$ 535,000 |
-2% |
-5% |
-4% |
-7% |
$ 552,500 |
-7% |
-4% |
March Average Sales Price |
$ 601,548 |
-13% -12% -32% -19% |
$ 681,969 |
-20% |
-8% |
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Total Properties Currently for Sale ( Inventory ) |
381 |
-5% |
4 % |
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March Number of Properties Sold |
48 |
33 % |
50 % |
117 |
22 % |
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March Average Days on Market ( Solds ) |
108 |
-9% |
1 % |
69 % |
-9% |
108 |
-4% |
-9% |
Asking Price per Square Foot ( based on New Listings ) |
$ 484 |
-7% -10% |
6 % |
-3% |
$ 550 |
13 % |
10 % |
|
March Sold Price per Square Foot |
$ 420 |
10 % |
1 % |
-0% |
-3% |
$ 417 |
-4% |
-4% |
March Month ' s Supply of Inventory |
7.9 -29% -23% -31% -21% |
10.3 |
-7% |
3 % |
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March Sale Price vs List Price Ratio |
91.4 % |
. 8 % |
-. 5 % -2.6% -. 9 % |
91.6 % |
-1% |
-1% |
Number of Properties Sold |
3 Mo Avg |
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Property Sales |
70 |
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March Property sales were 48 , up 50.0 % from 32 in March of
2016 and 33.3 % higher than the 36 sales last month . March
|
60 |
Number of Properties Sold |
3 Mo Avg |
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Property
2017 sales Sales were at their highest level compared to March of 2016
70
|
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March and 2015 Property . March sales YTD were sales 48 , up of 117 50.0 are % from running 32 in 21.9 March % ahead of of |
50 |
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2016 last and year 33.3 ' s year-to-date % higher than sales the of 3696 sales . last month . March
2017 sales were at their highest level compared to March of 2016
and 2015 . March YTD sales of 117 are running 21.9 % ahead of last year ' s year-to-date sales of 96 .
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60
50
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40
30
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40 |
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20 |
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30 |
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20 |
10 |
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10 |
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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A
M J
Prices
14
The Median Sales Price in March was $ 535,000 , down 4.0 %
1,200
Prices from $ 557,500 in March of 2016 and down 1.8 % from
The
$ 545,000 Median last Sales month Price . in The March Average was $ Sales 535,000 Price , down in March 4.0 % was
1,100
1,200 from
$ 601,548 $ 557,500 , down in March 32.4 % of from 2016 $ 890,122 and down in 1.8 March % from of 2016 and
1,000
$ down 545,000 12.7 last % from month $ . 688,883 The Average last month Sales Price . March in March 2017 was ASP was
1,100 at
$ the 601,548 lowest , down level 32.4 compared % from $ to 890,122 March in of March 2016 and of 2016 2015 and .
900
1,000
|
J |
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
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 |
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down 12.7 % from $ 688,883 last month . March 2017 ASP was at the lowest level compared to March of 2016 and 2015 . |
900
800
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800
700
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700 |
600 |
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600 |
500 |
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500 |
400 |
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400 |
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
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14 |
15 |
16 |
17 |
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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 381 , Inventory down 4.8 of % Properties from 400 last available month for and sale up as 4.1 of % March from 366 was in March 381 , down of last 4.8 year % from . March 400 last 2017 month Inventory and up was 4.1 % at from a mid 366 level
450 in compared March of last with year March . March of 2016 2017 and Inventory 2015 . was at a mid level
400
|
450
400
350
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0 |
20.0
15.0
|
||||||||||||||||||
compared with March of 2016 and 2015 . |
350 |
300 |
15.0 |
|||||||||||||||||||
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The March 2017 MSI of 7.9 higher MSI is better for buyers . The March 2017 MSI of 7.9
100 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and
50
2015 .
2015 .
0
|
250
200
10.0
150
100
5.0
50
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
|
10.0
5.0
0.0
|