Trending versus *: |
Trending versus *: |
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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 |
$ 384,000 |
7 % |
22 % |
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Average List Price of all Current Listings |
$ 542,785 |
5 % |
21 % |
|||||
July Median Sales Price |
$ 260,000 |
-1% |
7 % |
18 % |
24 % |
$ 236,000 |
13 % |
12 % |
July Average Sales Price |
$ 298,544 |
2 % |
9 % |
24 % |
20 % |
$ 267,131 |
11 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
241 |
-9% |
-12% |
|||||
July Number of Properties Sold |
81 -22% |
8 % |
569 |
5 % |
||||
July Average Days on Market ( Solds ) |
55 -10% -8% |
-4% |
-24% |
69 |
-4% |
-4% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 158 |
5 % |
3 % |
10 % |
13 % |
$ 152 |
10 % |
9 % |
July Sold Price per Square Foot |
$ 137 |
-2% |
0 % |
8 % |
10 % |
$ 135 |
12 % |
9 % |
July Month ' s Supply of Inventory |
3.0 |
16 % |
2 % |
-18% -25% |
3.4 |
-15% |
-15% |
|
July Sale Price vs List Price Ratio |
93.9 % |
-. 1 % -. 9 % -2.2% |
. 0 % |
94.3 % |
0 % |
0 % |
20 |
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 |
||||||||||||||||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in July was $ 260,000 , up 18.2 % from
Prices
$ 220,000 in July of 2016 and down 0.7 % from $ 261,750 last
The month Median . The Sales Average Price Sales in July Price was $ in 260,000 July was , up $ 298,544 18.2 % from , up 24.1 %
$ from 220,000 $ 240,557 in July in of July 2016 of and 2016 down and 0.7 up % 2.2 from % from $ 261,750 $ 292,248 last last
290 month month . . The July
Average 2017 ASP
Sales was Price at in the July highest was $ level 298,544 compared
, up 24.1 to %
July from $ 240,557 in July of 2016 and up 2.2 % from $ 292,248 last
270 of 2016 and 2015 . month . July 2017 ASP was at the highest level compared to July
250
|
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
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
290
3 Mo Avg
270
250
230
|
3 Mo Avg |
||||||||||||||||||||||||||
of 2016 and 2015 . |
230 |
210 |
||||||||||||||||||||||||||
210 |
190 |
|||||||||||||||||||||||||||
190 |
170 |
|||||||||||||||||||||||||||
170 |
150 |
|||||||||||||||||||||||||||
150 |
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
14 O N D
|
J |
F
M15 A M J
|
J |
A S O N D |
J |
F M16A M J |
J |
A S O N D |
J |
F M A17M J |
J |
||||||||||||||||
14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 241 , Inventory down 9.4 of % Properties from 266 last available month for and sale down as of 11.7 July % from was 241 , down 9.4 % from 266 last month and down 11.7 % from
450
273 in July of last year . July 2017 Inventory was at its lowest
273 in July of last year . 2017 Inventory was at its lowest
400 level compared with July of 2016 and 2015 . level compared with July of 2016 and 2015 .
350
300
250
200
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The July 2017 MSI of 3.0 higher MSI is better for buyers . The July 2017 MSI of 3.0
100 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and
50
2015
2015 .
.
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
9.0
350
8.0
300
7.0
250
6.0
5.0
200
4.0
150
3.0
100
2.0
50
1.0
0
0.0
A S AO
NS OD NJ
FD MJ
AF M JA JM AJ S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ
NA DS JO FN MD AJMF
JMJ A M J
14
14
15
15
16
16
17
17
|
J |
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
|