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 |
$ 2,225,000 |
1 % |
-18% |
|||||
Average List Price of all Current Listings |
$ 2,355,000 |
2 % |
-7% |
|||||
August Median Sales Price |
$ 2,200,000 |
-16% -14% 86 % |
86 % |
$ 2,553,132 |
116 % |
116 % |
||
August Average Sales Price |
$ 2,200,000 |
-16% -7% |
96 % |
24 % |
$ 2,376,566 |
34 % |
34 % |
|
Total Properties Currently for Sale ( Inventory ) |
4 -20% |
-50% |
||||||
August Number of Properties Sold |
2
100 %
|
-33% |
4 |
-20% |
||||
August Average Days on Market ( Solds ) |
172 -75% -56% -3% |
26 % |
392 |
186 % |
186 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 0 |
-100% -100% -100% -100% |
$ 1,120 |
-18% |
-18% |
|||
August Sold Price per Square Foot |
$ 619 |
-59% -28% 15 % |
-49% |
$ 865 |
-29% |
-29% |
||
August Month ' s Supply of Inventory |
2.0 -60% -43% -25% -69% |
4.0 |
-39% |
-39% |
||||
August Sale Price vs List Price Ratio |
94.6 %
7.0 % 2.2 % 13.2 % 6.5 %
|
92.5 % |
4 % |
4 % |
Property Sales August Property sales were 2 , down 33.3 % from 3 in August of 2016 and 100.0 % higher than the 1 sales last month . August 2017 sales were at a mid level compared to August of 2016 and 2015 . August YTD sales of 4 are running 20.0 % behind last year ' s year-to-date sales of 5 . |
4 3 3 2 |
Number of Properties Sold |
3 Mo Avg |
2 |
|||
1 |
|||
1 |
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 |
14 |
15 |
16 |
17 |
Inventory & MSI The Total Inventory of Properties available for sale as of August was 4 , down 20.0 % from 5 last month and down 50.0 % from 8 in August of last year . August 2017 Inventory was at its lowest level compared with August of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The August 2017 MSI of 2.0 months was at its lowest level compared with August of 2016 and 2015 .
|
14 12 10 8 6 4 2 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI )
14 12
10.0
10 8.0
8
6.0 6 4
4.0
2 2.0
0
0.0 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 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 14 15
16 17
14 15 16
17
4
5
5 4
6 5
6 5
7
7
7 6
7 6 7 7
9
9
7
8 7 8
7
7
9
8 9
8 9
9
12 12
9
12
9 11
11
12
9
11
7
11
9
8
8
8
8
8
8 7
8 8 8
8
7
8
6
8
7
7
6
6
5
7
6
|
6
5
5
4
6
5
4
|
10.0 8.0 6.0 4.0 2.0 0.0 |
Coldwell Banker Global Luxury SM | 19 |