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 |
$ 514,995 |
3 % |
14 % |
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Average List Price of all Current Listings |
$ 1,202,514 |
2 % |
14 % |
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March Median Sales Price |
$ 302,450 |
17 % |
14 % |
12 % |
6 % |
$ 270,000 |
1 % |
-5% |
March Average Sales Price |
$ 425,676 |
1 % |
-1% |
-8% |
-10% |
$ 408,047 |
-11% |
-14% |
Total Properties Currently for Sale ( Inventory ) |
2,136 |
-1% |
-13% |
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March Number of Properties Sold |
100 |
39 % |
-73% |
237 |
-72% |
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March Average Days on Market ( Solds ) |
77 |
17 % |
0 % |
-20% -17% |
76 |
-17% |
-18% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 298 |
8 % |
3 % |
-5% |
-6% |
$ 285 |
-9% |
-10% |
March Sold Price per Square Foot |
$ 240 |
7 % |
4 % |
-3% |
-4% |
$ 231 |
-6% |
-8% |
March Month ' s Supply of Inventory |
21.4 -28% -24% 226 % 42 % |
28.0 |
210 % |
86 % |
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March Sale Price vs List Price Ratio |
94.9 %
1.7 % 1.4 % 1.1 % 1.0 %
|
94.2 % |
0 % |
0 % |
Property Sales |
450 |
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March Property sales were 100 , down 73.2 % from 373 in March of 2017 and 38.9 % higher than the 72 sales last month . March |
400 |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||
Property
2018 sales Sales were at their lowest level compared to March of 2017
450
|
350 |
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March and 2016 Property . March sales YTD were sales 100 , of down 237 73.2 are running % from 373 72.2 in % March behind of 2017 and 38.9 % higher than the 72 sales last month . March
400 last year ' s year-to-date sales of 854 .
|
300 |
|||||||||||||||||
2018 sales were at their lowest level compared to March of 2017 |
350 |
250 |
||||||||||||||||
and 2016 . March YTD sales of 237 are running 72.2 % behind last year ' s year-to-date sales of 854 . |
300 |
200 |
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250 |
150 |
|||||||||||||||||
200 |
100 |
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150 |
50 |
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100 |
0 |
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50 |
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 |
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Prices
The Median Sales Price in March was $ 302,450 , up 12.0 % from
Prices
$ 270,000 in March of 2017 and up 17.5 % from $ 257,450 last
The month Median . The Sales Average Price Sales in March Price was in $ March 302,450 was , up $ 425,676 12.0 % from , down
600
$
8.3 270,000 % from in $ March 464,006 of 2017 in March and up of 17.5 2017 % from and up $ 257,450 1.2 % from last month
$ 420,690 . The last Average month Sales . March Price in 2018 March ASP was was $ 425,676 at the lowest , down level
550
8.3 compared % from $ to 464,006 March in of March 2017 and of 2017 2016 and . up 1.2 % from
500
|
A
M J
15
600
550
500
450
|
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
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
$ 420,690 last month . March 2018 ASP was at the lowest level compared to March of 2017 and 2016 . |
450
400
|
400
350
|
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350 |
300 |
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300 |
250 |
250 |
200 |
|||||
200 |
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 2,136 Inventory , down 0.6 of % Properties from 2,148 available last month for sale and as down of March 12.7 %
3,000 was from 2,136 2,446 , down in March 0.6 % from of last 2,148 year last . March month 2018 and down Inventory 12.7 % was at
3,000
2,500 from its lowest 2,446 level in March compared of last year with . March of 2018 2017 Inventory and 2016 was . at
2,500 its lowest level compared with March of 2017 and 2016 .
2,000
2,000
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
40.0
35.0
30.0
25.0
|
40.0
35.0
30.0
25.0
20.0
|
|||
1,500
20.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
15.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The March 2018 MSI of 21.4 higher MSI is better for buyers . The March 2018 MSI of 21.4
500
10.0 months was at its highest level compared with March of 2017
500 months was at its highest level compared with March of 2017
5.0 and 2016 .
0 and 2016 .
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
|
15.0
10.0
5.0
0.0
|