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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 |
$ 294,334 |
3 % |
13 % |
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Average List Price of all Current Listings |
$ 379,328 |
3 % |
13 % |
|||||
July Median Sales Price |
$ 263,700 |
6 % |
8 % |
19 % |
20 % |
$ 239,000 |
9 % |
9 % |
July Average Sales Price |
$ 268,781 |
-4% |
1 % |
14 % |
12 % |
$ 266,947 |
12 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
320 |
-8% |
-35% |
|||||
July Number of Properties Sold |
149 -22% |
-12% |
959 |
3 % |
||||
July Average Days on Market ( Solds ) |
41 -41% -33% -47% -54% |
70 |
-26% |
-21% |
||||
Asking Price per Square Foot ( based on New Listings ) |
$ 137 |
1 % |
-1% |
4 % |
4 % |
$ 137 |
5 % |
4 % |
July Sold Price per Square Foot |
$ 128 |
-6% |
-3% |
4 % |
6 % |
$ 133 |
12 % |
10 % |
July Month ' s Supply of Inventory |
2.1 |
18 % |
-3% -26% -47% |
2.9 |
-34% |
-27% |
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July Sale Price vs List Price Ratio |
98.3 % |
. 3 % |
. 5 % |
. 3 % |
1.5 % |
97.3 % |
1 % |
0 % |
Property Sales |
250 |
|
July Property sales were 149 , down 12.4 % from 170 in July of | ||
2016 and 22.4 % lower than the 192 sales last month . July 2017 | ||
Property sales were Sales at their lowest level compared to July of 2016 and
250
|
200 |
|
July
2015 Property . July YTD sales sales were of 149 959 , down are running 12.4 % from 3.1 % 170 ahead in July of of last
|
||
2016 year and ' s year-to-date 22.4 % lower sales than of the 930 192 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and |
200 |
150 |
2015 . July YTD sales of 959 are running 3.1 % ahead of last |
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year ' s year-to-date sales of 930 . |
150 |
100 |
50 |
0 |
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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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in July was $ 263,700 , up 18.8 % from
|
A
S O N D
J
F M A
MMedian J
J A SSales O N DPrice
J
F Mand A MAverage J
J
A S Sales O N D Price
J
F M A M J
14
15
16
17
|
J |
3 Mo Avg |
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Prices
$ 222,000 in July of 2016 and up 5.9 % from $ 249,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 263,700 July was , up $ 268,781 18.8 % from , up 13.6 %
$ from 222,000 $ 236,522 in July in of July 2016 of and 2016 up and 5.9 % down from 3.6 $ 249,000 % from last $
278,889290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 268,781 level , compared up 13.6 % to from $ 236,522 in July of 2016 and down 3.6 % from $ 278,889
270
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
250
|
250
230
|
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July of 2016 and 2015 . |
230 |
210 |
|||||||||||||||||||
210 |
190 |
||||||||||||||||||||
190 |
170 |
||||||||||||||||||||
170 |
150 |
||||||||||||||||||||
150 |
A |
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
S
14 O N D
J
F 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 A
17 M J
J
|
J |
||||||||||||||||||
14 |
15 |
16 |
17 |
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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 July
The was Total 320 , Inventory down 8.0 of % Properties from 348 available last month for and sale down as of 35.2 July % from was 494320 in , July down of 8.0 last % year from . 348 July last 2017 month Inventory and down was 35.2 at its % lowest from
900
494 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest
800 level compared with July of 2016 and 2015 .
700
|
900
800
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0
10.0
|
12.0
10.0
8.0
|
|||||||||||||||||
600
500
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The July 2017 MSI of 2.1 higher MSI is better for buyers . The July 2017 MSI of 2.1
200 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
100
2015 .
2015 .
0
|
500
8.0
400
6.0
300
200
4.0
100
2.0
0
0.0
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
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
14
15
16
17
14
15
16
17
|
J |
6.0
4.0
2.0
0.0
|