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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 |
$ 274,150 |
0 % |
10 % |
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Average List Price of all Current Listings |
$ 346,004 |
1 % |
8 % |
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April Median Sales Price |
$ 222,750 |
4 % |
6 % |
17 % |
12 % |
$ 210,000 |
11 % |
5 % |
April Average Sales Price |
$ 252,780 |
2 % |
3 % |
9 % |
8 % |
$ 245,262 |
7 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
2,072 |
-9% |
-12% |
|||||
April Number of Properties Sold |
544 |
-3% |
12 % |
1,867 |
6 % |
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April Average Days on Market ( Solds ) |
71 -10% -5% |
-8% |
-11% |
75 |
-3% |
-6% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 155 |
-3% |
-1% |
13 % |
7 % |
$ 157 |
9 % |
8 % |
April Sold Price per Square Foot |
$ 142 |
0 % |
2 % |
8 % |
7 % |
$ 140 |
7 % |
5 % |
April Month ' s Supply of Inventory |
3.8 |
-6% -14% -22% -24% |
5.0 |
-15% |
-1% |
|||
April Sale Price vs List Price Ratio |
94.4 % |
. 3 % |
. 2 % |
. 6 % |
. 5 % |
94.2 % |
0 % |
0 % |
Property Sales |
600 |
|
April Property sales were 544 , up 11.7 % from 487 in April of | ||
2017 and 2.5 % lower than the 558 sales last month . April 2018
Property sales were Sales at their highest level compared to April of 2017 and
600
|
500 |
|
April
2016 Property . April YTD sales sales were of 544 1,867 , up 11.7 are % running from 487 6.1 in % April ahead of of last
2017 year and ' s year-to-date 2.5 % lower than sales the of 1,759 558 sales . last month . April 2018
500 sales were at their highest level compared to April of 2017 and
|
400 |
|
2016 . April YTD sales of 1,867 are running 6.1 % ahead of last year ' s year-to-date sales of 1,759 . |
400 |
300 |
300 |
200 |
100 |
0 |
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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 $ 222,750 , up 17.2 % from
|
M
15
|
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
16
17
18
|
3 Mo Avg |
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Prices
$ 190,000 in April of 2017 and up 4.1 % from $ 213,950 last
The month Median . The Sales Average Price Sales in April Price was in $ 222,750 April was , up $ 17.2 252,780 % from , up 9.1 %
$ from 190,000 $ 231,649 in April in of April 2017 of and 2017 up and 4.1 % up from 2.4 $ % 213,950 from $ last 246,762 last
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||||
month . . The April Average 2018 Sales ASP was Price at in the April highest was $ level 252,780 compared , up 9.1 % to from $ 231,649 in April of 2017 and up 2.4 % from $ 246,762 last
270
April of 2017 and 2016 . month . April 2018 ASP was at the highest level compared to
250
|
250
230
|
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April of 2017 and 2016 . |
230 |
210 |
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210 |
190 |
||||||||||||||||||
190 |
170 |
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170 |
150 |
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150 |
M |
M
J
15
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
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 2,072 Inventory , down 8.7 of % Properties from 2,269 available last month for sale and as of down April 12.3 %
3,000 was from 2,072 2,363 , down in April 8.7 % of from last 2,269 year . last April month 2018 and Inventory down 12.3 was % at its
3,000
2,500 from lowest 2,363 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its
2,500 lowest level compared with April of 2017 and 2016 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
|
|||||||||||||||||
2,000
1,500
|
5.0 |
||||||||||||||||||
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The April 2018 MSI of 3.8 higher MSI is better for buyers . The April 2018 MSI of 3.8
500
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
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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