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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 |
$ 489,000 |
2 % |
-0% |
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Average List Price of all Current Listings |
$ 1,032,812 |
0 % |
2 % |
|||||
March Median Sales Price |
$ 360,000 |
3 % |
3 % |
9 % |
9 % |
$ 349,000 |
3 % |
6 % |
March Average Sales Price |
$ 660,051 |
9 % |
9 % |
17 % |
15 % |
$ 617,494 |
0 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
6,043 |
-2% |
9 % |
|||||
March Number of Properties Sold |
849 |
38 % |
10 % |
2,042 |
11 % |
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March Average Days on Market ( Solds ) |
102 |
-6% |
-2% |
21 % |
11 % |
103 |
18 % |
12 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 298 |
-1% |
1 % |
1 % |
3 % |
$ 297 |
0 % |
2 % |
March Sold Price per Square Foot |
$ 277 |
5 % |
5 % |
11 % |
10 % |
$ 268 |
3 % |
7 % |
March Month ' s Supply of Inventory |
7.1 -29% -23% -0% |
-13% |
9.2 |
4 % |
12 % |
|||
March Sale Price vs List Price Ratio |
92.5 % |
-. 5 % -. 4 % -1.4% -. 9 % |
92.9 % |
-2% |
-1% |
Property Sales |
1,200 |
|
March Property sales were 849 , up 10.0 % from 772 in March of | ||
2016 and 38.0 % higher than the 615 sales last month . March
1,000
Property
2017 sales Sales were at a mid level compared to March of 2016 and
1,200
| ||
March
2015 . Property March YTD sales sales were of 849 2,042 , up 10.0 are % running from 772 10.7 in % March ahead of of last
2016 year and ' s year-to-date 38.0 % higher sales than of the 1,844 615 . sales last month . March
1,000
2017 sales were at a mid level compared to March of 2016 and
|
800 |
|
2015 . March YTD sales of 2,042 are running 10.7 % ahead of last year ' s year-to-date sales of 1,844 . |
800 |
600 |
600 |
400 |
200 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
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 $ 360,000 , up 9.1 % from
700
Prices $ 330,000 in March of 2016 and up 3.3 % from $ 348,500 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 360,000 was , up $ 660,051 9.1 % from , up 650
700 $ 16.6 330,000 % from in March $ 565,941 of 2016 in March and up of 3.3 2016 % from and $ up 348,500 8.7 % from last 600 month . The Average Sales Price in March $ 660,051 , up 650
$ 607,304 last month . March 2017 ASP was at the highest level 550 16.6 compared % from $ to 565,941 March in of March 2016 and of 2016 2015 and . up 8.7 % from 600
500
$ 607,304 last month . March 2017 ASP was at the highest level 550 compared to March of 2016 and 2015 .
450 500
400
450 400
350
350 300
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 6,043 Inventory , down 2.3 of % Properties from 6,187 available last month for sale and as up of March 9.5 % from 7,000
12.0 was 5,520 6,043 in , March down 2.3 of % last from year 6,187 . March last month 2017 Inventory and up 9.5 was % from at its 7,0006,000 12.0
10.0
5,520 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 6,000 5,000
10.0 highest level compared with March of 2016 and 2015 .
8.0
5,000 4,000
8.0
4,000 6.0
3,000 6.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 4.0
2,000 A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The March 2017 MSI of 7.1 2,000 higher months MSI was is better at a mid for level buyers compared . The March with 2017 March MSI of of 2016 7.1 and
1,000 2.0
2.0 months was at a mid level compared with March of 2016 and
1,000 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
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
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