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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 |
$ 339,990 |
1 % |
16 % |
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Average List Price of all Current Listings |
$ 529,858 |
6 % |
19 % |
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August Median Sales Price |
$ 247,250 |
-7% |
1 % |
7 % |
9 % |
$ 244,500 |
11 % |
8 % |
August Average Sales Price |
$ 275,755 |
-8% |
-9% |
5 % |
4 % |
$ 298,357 |
14 % |
12 % |
Total Properties Currently for Sale ( Inventory ) |
293 -15% |
-9% |
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August Number of Properties Sold |
104 |
13 % |
11 % |
710 |
-5% |
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August Average Days on Market ( Solds ) |
62 |
-6% |
2 % |
-14% -30% |
73 |
-22% |
-18% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 149 |
-6% |
-1% |
16 % |
12 % |
$ 151 |
16 % |
14 % |
August Sold Price per Square Foot |
$ 133 |
-4% |
-4% |
10 % |
9 % |
$ 135 |
13 % |
11 % |
August Month ' s Supply of Inventory |
2.8 -24% -11% -18% -36% |
3.9 |
-16% |
-12% |
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August Sale Price vs List Price Ratio |
97.5 % |
. 2 % |
. 5 % |
1.8 % 1.1 % |
96.7 % |
-0% |
0 % |
Property Sales |
160 |
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August Property sales were 104 , up 10.6 % from 94 in August of
2016 and 13.0 % higher than the 92 sales last month . August
|
140 |
Number of Properties Sold |
3 Mo Avg |
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Property
2017 sales Sales were at their highest level compared to August of
August
2016 and Property 2015 . sales August were YTD 104 , sales up 10.6 of % 710 from are 94 running August 4.6 % of
2016 behind and last 13.0 year % higher ' s year-to-date than the 92 sales sales of last 744 month . . August
2017 sales were at their highest level compared to August of
2016 and 2015 . August YTD sales of 710 are running 4.6 % behind last year ' s year-to-date sales of 744 .
|
160
140
120
100
|
120
100
80
60
|
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80 |
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40 |
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60 |
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20 |
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40 |
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0 |
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20 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in August was $ 247,250 , up 6.8 % from Prices
$ 231,513 in August of 2016 and down 6.5 % from $ 264,450 last
The month Median . The Sales Average Price Sales in August Price was in August $ 247,250 was , up $ 6.8 275,755 % from , up
350
$
5.0 231,513 % from in August $ 262,664 of 2016 in August and down of 2016 6.5 % and from down $ 264,450 7.6 % from last month . The Average Sales Price in August $ 275,755 , up
330
$ 298,569 last month . August 2017 ASP was at the highest level
5.0 % from $ 262,664 in August of 2016 and down 7.6 % from
310 compared to August of 2016 and 2015 .
$ 298,569 last month . August 2017 ASP was at the highest level
290 compared to August of 2016 and 2015 .
270
250
230
210
190
170
150
|
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
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
16 A M J
J
A S O N D
J
F M A
17 M J
J
A
|
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14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 293 , Inventory down 14.6 of % Properties from 343 available last month for and sale down as of August 9.0 % from was 322293 in , August down 14.6 of last % from year 343 . August last month 2017 and Inventory down 9.0 was % from at its
600
|
600
500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
14.0 |
14.0
12.0
|
||||||||||||||
322 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
500 lowest level compared with August of 2016 and 2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The August 2017 MSI of 2.8 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 2.8 of 2016
100 months and 2015 was
. at its lowest level compared with August of 2016 and 2015 .
0
|
12.0
400
10.0
300
8.0
200
6.0
4.0
100
2.0
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 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
|
10.0
8.0
6.0
4.0
2.0
0.0
|
554
518
|
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529
503
|
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511 |
554 |
|||||
490 |
529 |
|||||
510 |
511 |
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467 |
490 |
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451 |
510 |