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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 |
$ 267,500 |
1 % |
13 % |
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Average List Price of all Current Listings |
$ 323,442 |
-1% |
17 % |
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June Median Sales Price |
$ 205,000 |
-11% |
0 % |
8 % |
14 % |
$ 199,950 |
14 % |
12 % |
June Average Sales Price |
$ 221,346 |
-5% |
-1% |
8 % |
9 % |
$ 219,166 |
13 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
453 |
4 % |
4 % |
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June Number of Properties Sold |
133 |
-7% |
11 % |
644 |
30 % |
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June Average Days on Market ( Solds ) |
73 |
16 % |
6 % |
-16% -12% |
71 |
-20% |
-14% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 110 |
-4% |
-4% |
-4% |
4 % |
$ 114 |
8 % |
8 % |
June Sold Price per Square Foot |
$ 107 |
2 % |
3 % |
9 % |
14 % |
$ 102 |
13 % |
9 % |
June Month ' s Supply of Inventory |
3.4 |
11 % |
1 % |
-6% |
-25% |
4.2 |
-21% |
-9% |
June Sale Price vs List Price Ratio |
94.7 % -1.1% -. 3 % |
. 5 % |
1.2 % |
94.4 % |
1 % |
1 % |
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3 Mo Avg |
Property Sales June Property sales were 133 , up 10.8 % from 120 in June of 2015 and 7.0 % lower than the 143 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 644 are running 30.1 % ahead of last year ' s year-to-date sales of 495 . |
160 140 120 100 |
Number of Properties Sold |
3 Mo Avg |
|
80 |
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60 |
||||
40 |
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Prices The Median Sales Price in June was $ 205,000 , up 7.9 % from $ 190,000 in June of 2015 and down 11.3 % from $ 231,000 last month . The Average Sales Price in June was $ 221,346 , up 8.4 % from $ 204,166 in June of 2015 and down 4.5 % from $ 231,887 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 . |
20 0
240 220 200 180
|
103 97 69 78 46 62 44 55 62 83 73 88 87 104 81 77 55 73 57 54 88 65 111 120 151 124 119 112 71 96 80 71 97 120 143 133
3 Mo Avg
|
3 Mo Avg |
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160 |
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140 |
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120 |
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100 |
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Inventory & MSI The Total Inventory of Properties available for sale as of June was 453 , up 3.7 % from 437 last month and up 3.9 % from 436 in June of last year . June 2016 Inventory was at a mid level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 3.4 months was at its lowest level compared with June of 2015 and 2014 .
|
700
600
500
400
300
200
100
0
|
597
593
597
546
593
542
506 546
474 542
462 506
496 474
462 533 496
582 587 533
582
587
609 599
567
609
507
599
444
567
404
507
332
339 444
368 404
332 394
339 421
368 458
394 436
439 421
438 458
423 436
437 439 402 438
367 423
383
437 407 402 415 367 437 383 437 407 453 415
|
437
437
453
|
12.0 10.0 8.0 6.0 4.0 2.0 0.0 |
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