Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 999,999 |
1 % |
10 % |
|||||
Average List Price of all Current Listings |
$ 2,177,874 |
4 % |
18 % |
|||||
March Median Sales Price |
$ 829,575 |
20 % |
4 % |
29 % |
19 % |
$ 800,000 |
19 % |
14 % |
March Average Sales Price |
$ 1,119,518 |
-9% |
-2% -16% |
10 % |
$ 1,198,991 |
5 % |
18 % |
|
Total Properties Currently for Sale ( Inventory ) |
623 |
1 % |
-1% |
|||||
March Number of Properties Sold |
46 |
-6% |
-37% |
145 |
-21% |
|||
March Average Days on Market ( Solds ) |
92 -34% -23% 31 % |
-10% |
114 |
20 % |
12 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 428 |
-4% |
0 % |
2 % |
4 % |
$ 429 |
6 % |
5 % |
March Sold Price per Square Foot |
$ 376 |
-3% |
-4% |
7 % |
6 % |
$ 392 |
12 % |
10 % |
March Month ' s Supply of Inventory |
13.5 |
8 % |
7 % |
56 % |
36 % |
12.6 |
22 % |
26 % |
March Sale Price vs List Price Ratio |
91.5 % |
-. 2 % -. 1 % -2.5% |
. 3 % |
91.4 % |
-0% |
0 % |
Property Sales |
100 |
|
March Property sales were 46 , down 37.0 % from 73 in March of
2017 and 6.1 % lower than the 49 sales last month . March 2018
|
90 |
|
Property sales were Sales at their lowest level compared to March of 2017 and
100
|
80 |
|
March
2016 . Property March YTD sales sales were of 46145 , down are 37.0 running % from 20.8 73 % in behind March of last
2017 year and ' s year-to-date 6.1 % lower than sales the of 183 49 sales . last month . March 2018 sales were at their lowest level compared to March of 2017 and
|
90
80
|
70
60
|
2016 . March YTD sales of 145 are running 20.8 % behind last |
70 |
50 |
year ' s year-to-date sales of 183 . |
60 |
40 |
40 |
20 |
||||||||||||||||||
30 |
10 |
||||||||||||||||||
20 |
0 |
||||||||||||||||||
10 |
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 |
|||||||||||||||
A
M J
Prices
15
The Median Sales Price in March was $ 829,575 , up 28.9 % from
1,400
Prices
$ 643,750 in March of 2017 and up 20.4 % from $ 689,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 829,575 was , up $ 28.9 1,119,518 % from , down
1,300
1,400
$
15.6 643,750 % from in March $ 1,326,483 of 2017 in and March up 20.4 of 2017 % from and $ down 689,000 9.1 % last from
1,200 month . The Average Sales Price in March was $ 1,119,518 , down
1,300
$ 1,232,172 last month . March 2018 ASP was at a mid range
1,100
15.6 compared % from $ to 1,326,483 March of in 2017 March and of 2016 2017 . and down 9.1 % from
1,200
1,000
$ 1,232,172 last month . March 2018 ASP was at a mid range
1,100 compared to March of 2017 and 2016 .
900
1,000
|
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 |
||||||||||||||||
900 |
800 |
||||||||||||||||||
800 |
700 |
||||||||||||||||||
700 |
600 |
||||||||||||||||||
600 |
500 |
||||||||||||||||||
500 |
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 623 , Inventory up 1.3 % from of Properties 615 last available month and for down sale as 1.4 of % March from 632 was in March 623 , up of 1.3 last % from year . 615 March last month 2018 Inventory and down 1.4 was % at from a mid 632 level
700 in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at a mid level
600 compared with March of 2017 and 2016 .
500
|
700
600
500
400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
18.0
16.0
14.0
12.0
|
18.0
16.0
14.0
12.0
10.0
|
|||||||||||||||
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 13.5 a
200 higher months MSI was is better at its highest for buyers level . The compared March 2018 with MSI March of 13.5 of 2017 months was at its highest level compared with March of 2017
100 and 2016 . and 2016 .
0
|
300
10.0
8.0
200
6.0
100
4.0
2.0
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
|
8.0
6.0
4.0
2.0
0.0
|