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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 |
$ 624,000 |
-0% |
8 % |
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Average List Price of all Current Listings |
$ 831,527 |
2 % |
10 % |
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August Median Sales Price |
$ 373,750 |
5 % |
1 % |
-7% |
5 % |
$ 368,500 |
7 % |
4 % |
August Average Sales Price |
$ 563,443 |
20 % |
6 % |
17 % |
16 % |
$ 510,382 |
5 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
623 |
-5% |
-21% |
|||||
August Number of Properties Sold |
102 |
40 % |
-6% |
746 |
16 % |
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August Average Days on Market ( Solds ) |
175 |
19 % |
11 % |
36 % |
26 % |
144 |
0 % |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 293 |
-4% |
0 % |
6 % |
6 % |
$ 288 |
4 % |
4 % |
August Sold Price per Square Foot |
$ 279 |
13 % |
6 % |
10 % |
12 % |
$ 263 |
7 % |
6 % |
August Month ' s Supply of Inventory |
6.1 -32% -14% -16% -42% |
7.4 |
-34% |
-30% |
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August Sale Price vs List Price Ratio |
92.4 % -1.5% -. 8 % -1.4% -. 6 % |
93.5 % |
1 % |
1 % |
Property Sales |
140 |
|
August Property sales were 102 , down 5.6 % from 108 in August | ||
of 2016 and 39.7 % higher than the 73 sales last month . August |
120 |
|
Property
2017 sales Sales were at a mid level compared to August of 2016 and
140
| ||
August
2015 . Property August YTD sales sales were of 102 746 , down are running 5.6 % from 16.0 108 % in ahead August of last
|
100 |
|
of year 2016 ' s year-to-date and 39.7 % higher sales than of 643 the . 73 sales last month . August
2017 sales were at a mid level compared to August of 2016 and
|
120 |
80 |
2015 . August YTD sales of 746 are running 16.0 % ahead of last |
100 |
|
year ' s year-to-date sales of 643 . |
60 |
|
80 |
||
40 |
||
60 |
||
40 |
20 |
20 |
0 |
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 |
||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in August was $ 373,750 , down 6.6 %
Prices from $ 400,000 in August of 2016 and up 5.3 % from $ 355,000
The last Median month Sales . The Price Average in August Sales Price was $ 373,750 in August , down was 6.6 $ 563,443 % ,
600 from up 17.4 $ 400,000 % from in $ 479,760 August of in 2016 August and of up 2016 5.3 % and from up $ 20.3 355,000 % from last
$ 468,336 month . last The month Average . August Sales Price 2017 in ASP August was was at the $ 563,443 highest , level
550
|
S
O N D
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
J
A
14
15
16
17
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
|
3 Mo Avg |
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up compared 17.4 % from to $ August 479,760 of in 2016 August and of 2015 2016 . and up 20.3 % from
$ 468,336 last month . August 2017 ASP was at the highest level
|
500 |
450 |
|||||||||||||||
compared to August of 2016 and 2015 . |
450 |
400 |
300 |
250 |
|||||||||
250 |
S |
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
O
14 N D
J
F
15 M 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
A
|
J |
A |
||||||
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 August
The was Total 623 , Inventory down 5.0 of % Properties from 656 last available month for and sale down as of 20.7 August % from
1,000 was 786623 in , August down 5.0 of % last from year 656 . August last month 2017 and Inventory down 20.7 was % at from its
1,000
800
786 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
800 lowest level compared with August of 2016 and 2015 .
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0
15.0
|
20.0
15.0
|
|||||||
600 |
10.0 |
|||||||||
400 |
10.0 |
|||||||||
A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 6.1 a higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 6.1 of 2016
200 months and 2015 was
. at its lowest level compared with August of 2016 and 2015 .
0
|
200
5.0
0
0.0
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 A M J
J A
14
15
16
17
14
15
16
17
|
5.0
0.0
|