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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 |
$ 259,990 |
2 % |
13 % |
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Average List Price of all Current Listings |
$ 290,694 |
3 % |
15 % |
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January Median Sales Price |
$ 199,000 |
-5% |
-1% |
8 % |
2 % |
$ 199,000 |
8 % |
2 % |
January Average Sales Price |
$ 214,090 |
-2% |
1 % |
9 % |
4 % |
$ 214,090 |
9 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
1,107 |
-1% |
-27% |
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January Number of Properties Sold |
277 -19% |
-2% |
277 |
-2% |
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January Average Days on Market ( Solds ) |
76 -11% |
1 % |
9 % |
4 % |
76 |
9 % |
4 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 124 |
-2% |
0 % |
8 % |
3 % |
$ 124 |
8 % |
3 % |
January Sold Price per Square Foot |
$ 117 |
0 % |
1 % |
12 % |
5 % |
$ 117 |
11 % |
5 % |
January Month ' s Supply of Inventory |
4.0 |
23 % |
5 % |
-26% |
-3% |
4.0 |
-26% |
-3% |
January Sale Price vs List Price Ratio |
95.4 % |
. 1 % |
-. 0 % |
. 6 % |
-. 2 % |
95.4 % |
1 % |
-0% |
Property Sales |
600 |
|
January Property sales were 277 , down 2.1 % from 283 in | ||
|
January of 2017 and 19.0 % lower than the 342 sales last month .
Property
January 2018 Sales sales were at a mid level compared to January of
600
|
500 |
|
|
January
2017 and Property 2016 . sales January were YTD 277 , sales down of 2.1 277 % from are running 283 2.1 %
January behind of last 2017 year and ' s year-to-date 19.0 % lower than sales the of 283 342 . sales last month .
January 2018 sales were at a mid level compared to January of
|
500 |
400 |
2017 and 2016 . January YTD sales of 277 are running 2.1 % behind last year ' s year-to-date sales of 283 . |
400 |
300 |
300 |
200 |
|
100 |
0 |
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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 |
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0 |
15 |
16 |
17 |
18 |
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|
Prices
The Median Sales Price in January was $ 199,000 , up 8.2 % from
|
F
M A M J
15
|
J |
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
|
3 Mo Avg |
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|
Prices
$ 184,000 in January of 2017 and down 5.2 % from $ 210,000
The last Median month Sales . The Price Average in January Sales Price was $ in 199,000 January , up was 8.2 $ % 214,090 from ,
$ up 184,000 9.4 % in from January $ 195,670 of 2017 in January and down of 5.2 2017 % from and down $ 210,000 2.0 % from
240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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|
last
$ 218,543 month . last The month Average . January Sales Price 2018 in January ASP was was at the $ 214,090 highest , level up 9.4 % from $ 195,670 in January of 2017 and down 2.0 % from
220 compared to January of 2017 and 2016 .
$ 218,543 last month . January 2018 ASP was at the highest level
200
|
200
180
|
||||||||||||||||
compared to January of 2017 and 2016 . |
180 |
160 |
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120 |
100 |
||||||
100 |
F |
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
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
17 A M J
J
A S O N D
J
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
The
January Total Inventory was 1,107 , of down Properties 0.7 % from available 1,115 for last sale month as of and down
2,500
January
27.4 % from was 1,107 1,524 , down in January 0.7 % from of last 1,115 year last . January month and 2018 down
2,500
2,000
27.4
Inventory % from 1,524 was at in its January lowest of level last compared year . January with 2018 January of 2017
2,000
Inventory and 2016 was . at its lowest level compared with January of 2017
1,500 and 2016 .
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
5.0
|
8.0
7.0
6.0
5.0
4.0
|
||||
|
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 4.0
500 higher MSI is better for buyers . The January 2018 MSI of 4.0
2.0 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
1.0 and 2016 .
0 and 2016 .
0
0.0
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 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
15
16
17
18
15
16
17
18
|
3.0
2.0
1.0
0.0
|
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