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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 |
$ 275,000 |
-1% |
10 % |
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Average List Price of all Current Listings |
$ 312,748 |
1 % |
9 % |
|||||
April Median Sales Price |
$ 220,000 |
19 % |
19 % |
38 % |
26 % |
$ 185,000 |
16 % |
6 % |
April Average Sales Price |
$ 239,718 |
12 % |
12 % |
33 % |
17 % |
$ 213,990 |
17 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
332 |
8 % |
50 % |
|||||
April Number of Properties Sold |
67 -26% |
-7% |
261 |
11 % |
||||
April Average Days on Market ( Solds ) |
61 -27% -12% 22 % |
-3% |
69 |
-7% |
10 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 120 |
3 % |
3 % |
3 % |
7 % |
$ 116 |
1 % |
4 % |
April Sold Price per Square Foot |
$ 112 |
5 % |
9 % |
20 % |
13 % |
$ 103 |
11 % |
4 % |
April Month ' s Supply of Inventory |
5.0 |
45 % |
7 % |
61 % |
37 % |
4.7 |
25 % |
31 % |
April Sale Price vs List Price Ratio |
94.0 % -1.5% -1.2% -2.4% -1.9% |
95.2 % |
-0% |
-1% |
Property Sales |
100 |
|
April Property sales were 67 , down 6.9 % from 72 in April of
2016 and 25.6 % lower than the 90 sales last month . April 2017
|
90 |
|
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
100
|
80 |
|
April Property YTD sales sales of were 261 are 67 , running down 6.911.1 % from % ahead 72 in of April last of year ' s
2016 year-to-date and 25.6 % sales lower of than 235 . the 90 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 .
|
90
80
|
70
60
|
April YTD sales of 261 are running 11.1 % ahead of last year ' s |
70 |
50 |
year-to-date sales of 235 . |
60 |
40 |
50 |
30 |
20 |
0 |
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10 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in April was $ 220,000 , up 38.4 % from
|
M
14
|
J |
J |
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
|
3 Mo Avg |
|||||||||||||
Prices
$ 158,950 in April of 2016 and up 18.9 % from $ 185,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 220,000 April was , up $ 239,718 38.4 % from , up
$
32.6 158,950 % from in April $ 180,812 of 2016 in and April up of 18.9 2016 % from and up $ 185,000 11.7 % from last
|
240 |
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
month
$ 214,678 . The last Average month Sales . April Price 2017 in April ASP was $ at 239,718 the highest , up level
32.6 compared % from $ to 180,812 April of in 2016 April and of 2016 2015 and . up 11.7 % from
220
$ 214,678 last month . April 2017 ASP was at the highest level
200
|
200
180
|
|||||||||||||||||
compared to April of 2016 and 2015 . |
180 |
160 |
||||||||||||||||
160 |
140 |
120 |
100 |
|||||
100 |
M |
M
14
J
J
|
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
15
16
17
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
|
|||
Inventory & MSI |
14 |
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
||||
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 332 , Inventory up 7.8 % from of Properties 308 last available month and for sale up 50.2 as of % April from 221 was in April 332 , up of 7.8 last % year from . April 308 last 2017 month Inventory and up was 50.2 at % its from highest 221 level
350
|
350
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0 |
7.0
6.0
|
||
in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its highest level compared with April of 2016 and 2015 . |
300
250
|
250
200
|
6.0
5.0
|
5.0
4.0
|
||
200 |
150 |
4.0 |
3.0 |
|||
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 5.0 a
100 higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 5.0 of 2016 and months was at its highest level compared with April of 2016 and
50
2015 .
2015 .
0
|
3.0
100
2.0
50
1.0
0
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
0.0
F M A
M
J
14
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 A
17
14
15
16
17
|
2.0
1.0
0.0
|