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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 |
$ 610,000 |
2 % |
10 % |
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Average List Price of all Current Listings |
$ 861,117 |
3 % |
16 % |
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January Median Sales Price |
$ 380,000 |
6 % |
4 % |
-7% |
3 % |
$ 380,000 |
-7% |
3 % |
January Average Sales Price |
$ 596,789 |
22 % |
14 % |
4 % |
16 % |
$ 596,789 |
4 % |
16 % |
Total Properties Currently for Sale ( Inventory ) |
567 |
-4% |
-17% |
|||||
January Number of Properties Sold |
67 |
-1% |
-8% |
67 |
-8% |
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January Average Days on Market ( Solds ) |
131 |
11 % |
7 % |
0 % |
-6% |
131 |
0 % |
-6% |
Asking Price per Square Foot ( based on New Listings ) |
$ 284 |
1 % |
-1% |
6 % |
-1% |
$ 284 |
6 % |
-1% |
January Sold Price per Square Foot |
$ 281 |
10 % |
5 % |
-1% |
6 % |
$ 281 |
-1% |
6 % |
January Month ' s Supply of Inventory |
8.5 |
-2% |
2 % |
-10% |
9 % |
8.5 |
-10% |
9 % |
January Sale Price vs List Price Ratio |
91.6 % -2.0% -1.3% -1.5% -1.8% |
91.6 % |
-1% |
-2% |
Property Sales |
140 |
|
January Property sales were 67 , down 8.2 % from 73 in January | ||
of 2017 and 1.5 % lower than the 68 sales last month . January |
120 |
|
Property
2018 sales Sales were at a mid level compared to January of 2017 and
140
| ||
January
2016 . January Property YTD sales sales were of 67 67 , down are running 8.2 % from 8.273 % in behind January last
|
100 |
|
of year 2017 ' s and year-to-date 1.5 % lower sales than of the 73 . 68 sales last month . January
2018 sales were at a mid level compared to January of 2017 and
|
120 |
80 |
2016 . January YTD sales of 67 are running 8.2 % behind last |
100 |
|
year ' s year-to-date sales of 73 . |
60 |
|
80 |
||
40 |
||
60 |
||
40 |
20 |
20 |
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 |
||||
0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in January was $ 380,000 , down 6.7 %
Prices from $ 407,500 in January of 2017 and up 6.2 % from $ 357,950
The last Median month Sales . The Price Average in January Sales Price was $ in 380,000 January , down was $ 6.7 596,789 % ,
600 from up 4.2 $ 407,500 % from in $ 572,739 January in of January 2017 and of up 2017 6.2 % and from up $ 22.3 357,950 % from last
$ 488,009 month . The last month Average . Sales January Price 2018 in January ASP was was at $ the 596,789 highest ,
550
|
F
M A M J
15
600
550
500
|
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
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
up level 4.2 % compared from $ 572,739 to January in January of 2017 of 2017 and 2016 and up . 22.3 % from
$ 488,009 last month . January 2018 ASP was at the highest
|
500 |
450 |
||||||||||||||||
level compared to January of 2017 and 2016 . |
450 |
400 |
300 |
250 |
||||||
250 |
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
|
|||||
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
The
January Total Inventory was 567 , down of Properties 3.6 % from available 588 last for sale month as of and down
1,000
January
17.2 % from was 567 685 , down in January 3.6 % from of last 588 year last . month January and 2018 down Inventory
1,000
800
17.2 was % at from its lowest 685 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 .
800 was at its lowest level compared with January of 2017 and 2016 .
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0
15.0
|
20.0
15.0
|
||||
600 |
10.0 |
||||||
400 |
10.0 |
||||||
A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 8.5 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 8.5 of 2017
200 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
0
|
200
5.0
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
|
5.0
0.0
|