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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 |
$ 289,900 |
0 % |
3 % |
|||||
Average List Price of all Current Listings |
$ 464,932 |
-0% |
-7% |
|||||
March Median Sales Price |
$ 227,400 |
8 % |
-1% |
8 % |
3 % |
$ 230,000 |
8 % |
5 % |
March Average Sales Price |
$ 300,075 |
-7% |
1 % |
9 % |
7 % |
$ 301,456 |
8 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
426 |
-4% |
-2% |
|||||
March Number of Properties Sold |
94 |
6 % |
6 % |
256 |
14 % |
|||
March Average Days on Market ( Solds ) |
82 -10% |
0 % |
9 % |
8 % |
83 |
5 % |
9 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 190 |
-12% -4% |
-2% |
1 % |
$ 197 |
6 % |
4 % |
|
March Sold Price per Square Foot |
$ 169 |
-3% |
0 % |
5 % |
3 % |
$ 172 |
4 % |
5 % |
March Month ' s Supply of Inventory |
4.5 |
-9% -13% -7% |
-13% |
5.2 |
-8% |
0 % |
||
March Sale Price vs List Price Ratio |
93.3 % |
-. 3 % -. 3 % |
. 6 % |
-. 0 % |
93.7 % |
0 % |
0 % |
Property Sales |
140 |
|
March Property sales were 94 , up 5.6 % from 89 in March of | ||
2017 and 5.6 % higher than the 89 sales last month . March 2018 |
120 |
|
Property sales were Sales at a mid level compared to March of 2017 and 2016 .
140
| ||
March Property YTD sales sales of were 256 are 94 , running up 5.6 % from 14.3 % 89 ahead in March of last of year ' s |
100 |
|
2017 year-to-date and 5.6 % sales higher of than 224 . the 89 sales last month . March 2018 sales were at a mid level compared to March of 2017 and 2016 . |
120 |
80 |
March YTD sales of 256 are running 14.3 % ahead of last year ' s |
100 |
|
year-to-date sales of 224 . |
60 |
|
80 |
||
40 |
||
60 |
||
40 |
20 |
20 |
0 |
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 |
||
0 |
15 |
16 |
17 |
18 |
||||||||||||
Prices
The Median Sales Price in March was $ 227,400 , up 8.3 % from
Prices
$ 210,000 in March of 2017 and up 7.8 % from $ 211,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 227,400 was , up $ 300,075 8.3 % from , up
350
$
9.2 210,000 % from in $ March 274,743 of 2017 in March and up of 7.8 2017 % from and down $ 211,000 7.1 % last from month . The Average Sales Price in March $ 300,075 , up
330
$ 323,147 last month . March 2018 ASP was at the highest level
9.2 % from $ 274,743 in March of 2017 and down 7.1 % from
310 compared to March of 2017 and 2016 .
$ 323,147 last month . March 2018 ASP was at the highest level
290 compared to March of 2017 and 2016 .
270
250
230
210
190
170
150
|
A
M J
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
18
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
15 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
F M
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 March
The was Total 426 , Inventory down 4.3 of % Properties from 445 last available month for and sale down as of 2.1 March % from was 435426 in , March down 4.3 of % last from year 445 . March last month 2018 and Inventory down 2.1 was % from at its
500
435 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at . its
400 lowest level compared with March of 2017 and 2016 .
300
|
500
400
300
|
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
|
||||||||||||
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 4.5 a higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 4.52017 and
100 months
2016 . was at its lowest level compared with March of 2017 and
2016 .
0
|
200
4.0
3.0
100
2.0
1.0
0
0.0
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 M J
J
A S O N D J
F M
15
16
17
18
15
16
17
18
|
3.0
2.0
1.0
0.0
|