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 |
$ 1,399,000 |
-1% |
-10% |
|||||
Average List Price of all Current Listings |
$ 1,684,288 |
-3% |
-14% |
|||||
August Median Sales Price |
$ 1,775,000 |
30 % |
9 % |
42 % |
42 % |
$ 1,625,000 |
32 % |
30 % |
August Average Sales Price |
$ 2,263,487 |
63 % |
35 % |
81 % |
66 % |
$ 1,654,497 |
26 % |
21 % |
Total Properties Currently for Sale ( Inventory ) |
43 |
5 % |
10 % |
|||||
August Number of Properties Sold |
3 -25% |
200 % |
13 |
-19% |
||||
August Average Days on Market ( Solds ) |
28 -72% -63% 12 % |
-76% |
94 |
-13% |
-18% |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 460 |
-2% |
1 % |
-30% -17% |
$ 489 |
-4% |
-11% |
|
August Sold Price per Square Foot |
$ 459 |
52 % |
28 % |
32 % |
33 % |
$ 364 |
9 % |
6 % |
August Month ' s Supply of Inventory |
14.3 |
40 % |
-7% -63% -29% |
25.4 |
26 % |
27 % |
||
August Sale Price vs List Price Ratio |
88.4 %
4.4 % -2.1% 2.6 %
|
-. 4 % |
89.6 % |
-1% |
1 % |
Inventory & MSI The Total Inventory of Properties available for sale as of August was 43 , up 4.9 % from 41 last month and up 10.3 % from 39 in August of last year . August 2017 Inventory was at its highest 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 14.3 months was at its lowest level compared with August of 2016 and 2015 .
|
50 40 30 20 10 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) 50
50.0 40
40.0
30 30.0
20 20.0
10 10.0
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
27
23
27
22
23
20
22
27
24 20
24
25
27
27
25 30
31 27 32
30
35 31
32
35
32
32
32
32 32 32 32 31
32
34 34
31
30
34
34
34 35 30
36
39 34
38 35 36
39
38
30
30 29 30 30
29
32
39
30
45 42
43 39 41 43
30
32
45
|
42
43
41
43
|
50.0 40.0 30.0 20.0 10.0 0.0 |
6 | coldwellbankerluxury . com |