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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 |
$ 397,750 |
10 % |
21 % |
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Average List Price of all Current Listings |
$ 422,995 |
4 % |
14 % |
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August Median Sales Price |
$ 310,000 |
11 % |
3 % |
11 % |
6 % |
$ 295,000 |
-2% |
1 % |
August Average Sales Price |
$ 371,558 |
25 % |
11 % |
26 % |
18 % |
$ 326,092 |
3 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
145 |
-8% |
-31% |
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August Number of Properties Sold |
77 -13% |
8 % |
574 |
10 % |
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August Average Days on Market ( Solds ) |
58 |
4 % |
4 % |
-28% -18% |
61 |
-13% |
-14% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 163 |
-5% |
3 % |
7 % |
11 % |
$ 157 |
7 % |
7 % |
August Sold Price per Square Foot |
$ 160 |
10 % |
4 % |
12 % |
14 % |
$ 152 |
8 % |
8 % |
August Month ' s Supply of Inventory |
1.9 |
7 % |
8 % |
-37% -51% |
2.9 |
-31% |
-25% |
|
August Sale Price vs List Price Ratio |
96.8 % |
. 1 % |
-. 6 % |
. 3 % |
. 7 % |
97.2 % |
1 % |
1 % |
Property Sales |
120 |
|
August Property sales were 77 , up 8.5 % from 71 in August of |
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2016 and 13.5 % lower than the 89 sales last month . August
Property
2017 sales Sales were at their highest level compared to August of
|
120 |
100 |
August
2016 and Property 2015 . sales August were YTD 77 , up sales 8.5 % of from 574 are 71 running August 9.8 of %
2016 ahead and of 13.5 last % year lower ' s year-to-date than the 89 sales last of 523 month . . August
2017 sales were at their highest level compared to August of
|
100 |
80 |
2016 and 2015 . August YTD sales of 574 are running 9.8 % ahead of last year ' s year-to-date sales of 523 . |
80 |
60 |
60 |
40 |
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 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in August was $ 310,000 , up 10.8 % from 400
Prices $ 279,900 in August of 2016 and up 10.8 % from $ 279,900 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in August Price was in August $ 310,000 was , up $ 371,558 10.8 % from , up
380
400 $ 26.3 279,900 % from in August $ 294,112 of 2016 in August and up of 10.8 2016 % from and up $ 279,900 24.7 % from last 360 month . The Average Sales Price in August $ 371,558 , up
380
$ 297,948 last month . August 2017 ASP was at the highest level 340 26.3 % from $ 294,112 in August of 2016 and up 24.7 % from 360 compared to August of 2016 and 2015 .
320
$ 297,948 last month . August 2017 ASP was at the highest level 340 300 compared to August of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
200
200 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
14 N D J F
15 M A M J J A S O N D J F M
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14 15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of August Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 145 , Inventory down 7.6 % of from Properties 157 last available month for and sale down as of 31.3 August % from 350
10.0 was 211145 in , August down 7.6 of % last from year 157 . August last month 2017 and Inventory down 31.3 was % from at its 350 300 10.0
8.0 211 lowest in August level of compared last year . with August August 2017 of Inventory 2016 and was 2015 at . its 300
250 8.0 lowest level compared with August of 2016 and 2015 . 250
200 6.0
200 6.0
150 4.0
A comparatively lower MSI is more beneficial for sellers while 150 a 100 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 1.9 a 100 2.0 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 1.9 of 2016 50
2.0 months was at its lowest level compared with August of 2016 50 and 2015 . 0
0.0 and 2015 .
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 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
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