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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 |
$ 309,900 |
3 % |
7 % |
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Average List Price of all Current Listings |
$ 402,505 |
3 % |
11 % |
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April Median Sales Price |
$ 245,490 |
7 % |
2 % |
12 % |
2 % |
$ 240,000 |
4 % |
0 % |
April Average Sales Price |
$ 297,629 |
13 % |
6 % |
17 % |
9 % |
$ 281,500 |
10 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,500 |
-8% |
-11% |
|||||
April Number of Properties Sold |
463 |
1 % |
12 % |
1,593 |
7 % |
|||
April Average Days on Market ( Solds ) |
63 -15% -11% -5% |
-10% |
71 |
3 % |
1 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 162 |
-1% |
1 % |
15 % |
8 % |
$ 161 |
7 % |
7 % |
April Sold Price per Square Foot |
$ 155 |
4 % |
3 % |
10 % |
8 % |
$ 151 |
8 % |
5 % |
April Month ' s Supply of Inventory |
3.2 |
-9% -13% -21% -25% |
4.2 |
-11% |
-4% |
|||
April Sale Price vs List Price Ratio |
94.7 % |
. 9 % |
. 6 % |
. 6 % |
. 1 % |
94.2 % |
-0% |
-0% |
Property Sales |
500 |
|
April Property sales were 463 , up 12.4 % from 412 in April of
2017 and 0.7 % higher than the 460 sales last month . April 2018
|
450 |
|
Property sales were Sales at a mid level compared to April of 2017 and 2016 .
500
|
400 |
|
April Property YTD sales sales of were 1,593463 are , up running 12.4 % 6.8 from % 412 ahead in April of last of year ' s
450
2017 year-to-date and 0.7 % sales higher of than 1,491 the . 460 sales last month . April 2018 sales were at a mid level compared to April of 2017 and 2016 .
400
|
350
300
|
|
April YTD sales of 1,593 are running 6.8 % ahead of last year ' s |
350 |
250 |
year-to-date sales of 1,491 . |
300 |
200 |
200 |
100 |
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150 |
50 |
|||||||||||||||||
100 |
0 |
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50 |
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 |
||||
0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in April was $ 245,490 , up 11.6 % 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
$ 220,000 in April of 2017 and up 7.2 % from $ 229,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 245,490 April was , up $ 297,629 11.6 % from , up
$
16.6 220,000 % from in April $ 255,281 of 2017 in April and up of 7.2 2017 % from and $ up 229,000 12.5 % from last
|
290 |
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
month
$ 264,528 . The last Average month Sales . April Price 2018 in April ASP was $ at 297,629 the highest , up level
16.6 % from $ 255,281 in April of 2017 and up 12.5 % from
270 compared to April of 2017 and 2016 .
$ 264,528 last month . April 2018 ASP was at the highest level
250
|
250
230
|
|||||||||||||||||
compared to April of 2017 and 2016 . |
230 |
210 |
170 |
150 |
||||||
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
|
||||
15 |
16 |
17 |
18 |
||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 1,500 Inventory , down 8.4 of % Properties from 1,638 available last month for sale and as down of April 11.1 %
2,000 was from 1,500 1,688 , down in April 8.4 % of from last 1,638 year . last April month 2018 and Inventory down 11.1 was % at its
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0 |
7.0
6.0
|
||||
from lowest 1,688 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 .
1,500
1,500
6.0
5.0
1,000
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2018 sellers MSI while of 3.2 a
500
2.0 higher MSI is better for buyers . The April 2018 MSI of 3.2
500 months was at its lowest level compared with April of 2017 and 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
|
5.0
4.0
3.0
2.0
1.0
0.0
|