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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 |
$ 399,900 |
1 % |
11 % |
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Average List Price of all Current Listings |
$ 742,708 |
3 % |
8 % |
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April Median Sales Price |
$ 303,250 |
8 % |
3 % |
12 % |
6 % |
$ 294,000 |
8 % |
3 % |
April Average Sales Price |
$ 454,656 |
0 % |
-3% |
12 % |
7 % |
$ 468,991 |
18 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
2,607 |
-7% |
-13% |
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April Number of Properties Sold |
662 |
3 % |
14 % |
2,215 |
7 % |
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April Average Days on Market ( Solds ) |
78 -11% -6% |
1 % |
-4% |
83 |
6 % |
2 % |
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Asking Price per Square Foot ( based on New Listings ) |
$ 252 |
0 % |
-1% |
17 % |
8 % |
$ 255 |
11 % |
9 % |
April Sold Price per Square Foot |
$ 223 |
-3% |
-5% |
7 % |
2 % |
$ 235 |
12 % |
7 % |
April Month ' s Supply of Inventory |
3.9 -10% -20% -24% -29% |
5.2 |
-17% |
-7% |
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April Sale Price vs List Price Ratio |
93.4 % |
. 0 % |
-. 0 % |
. 1 % |
. 2 % |
93.4 % |
0 % |
0 % |
Number of Properties Sold |
3 Mo Avg |
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Property Sales |
700 |
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April Property sales were 662 , up 13.7 % from 582 in April of
2017 and 3.3 % higher than the 641 sales last month . April 2018
|
600 |
Number of Properties Sold |
3 Mo Avg |
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Property sales were Sales at their highest level compared to April of 2017 and
700
|
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April
2016 Property . April YTD sales sales were of 662 2,215 , up 13.7 are % running from 582 7.5 in % April ahead of of last
|
500 |
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2017 year and ' s year-to-date 3.3 % higher sales than of the 2,061 641 sales . last month . April 2018 sales were at their highest level compared to April of 2017 and
2016 . April YTD sales of 2,215 are running 7.5 % ahead of last year ' s year-to-date sales of 2,061 .
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600
500
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400
300
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100 |
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 |
F M A |
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0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in April was $ 303,250 , up 11.6 % from
Prices
$ 271,750 in April of 2017 and up 8.3 % from $ 280,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 303,250 April was , up $ 454,656 11.6 % from , up
600
$
11.6 271,750 % from in April $ 407,247 of 2017 in and April up of 8.3 2017 % from and $ up 280,000 0.1 % from last month
$ 453,999 . The last Average month Sales . April Price 2018 in April ASP was $ at 454,656 the highest , up level
550
11.6 compared % from $ to 407,247 April of in 2017 April and of 2017 2016 and . up 0.1 % from
500
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M
J
15
600
550
500
450
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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
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
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$ 453,999 last month . April 2018 ASP was at the highest level compared to April of 2017 and 2016 . |
450
400
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400
350
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200 |
M |
M
J
15
J
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J
J
A S O N D
J
F M A M J
J
A S O N D
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F M A M J
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A S O N D
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F M A
A S O N D
J
F M
16 A M J
J
A S O N D
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F M
17 A M J
J
A S O N D
J
F M A
18
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15 |
16 |
17 |
18 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 2,607 Inventory , down 7.2 of % Properties from 2,808 available last month for sale and as of down April 13.4 %
3,500 was from 2,607 3,012 , down in April 7.2 % of from last 2,808 year . last April month 2018 and Inventory down 13.4 was % at its
3,5003,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
9.0 |
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from lowest 3,012 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest level compared with April of 2017 and 2016 . |
3,000
2,500
2,500
2,000
|
8.0
7.0
6.0
|
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2,000
1,500
5.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The April 2018 MSI of 3.9
1,000 higher MSI is better for buyers . The April 2018 MSI of 3.9
2.0 months was at its lowest level compared with April of 2017 and
500 months was at its lowest level compared with April of 2017 and
500
1.0
2016 .
0
2016 .
0
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
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
15
16
17
18
15
16
17
18
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