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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 |
$ 269,000 |
2 % |
8 % |
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Average List Price of all Current Listings |
$ 344,797 |
2 % |
7 % |
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August Median Sales Price |
$ 204,500 |
-0% |
0 % |
8 % |
11 % |
$ 197,985 |
10 % |
8 % |
August Average Sales Price |
$ 248,238 |
8 % |
5 % |
12 % |
16 % |
$ 233,281 |
10 % |
9 % |
Total Properties Currently for Sale ( Inventory ) |
1,658 |
-8% |
-9% |
|||||
August Number of Properties Sold |
455 |
1 % |
1 % |
3,716 |
4 % |
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August Average Days on Market ( Solds ) |
87 |
2 % |
5 % |
21 % |
16 % |
80 |
8 % |
7 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 143 |
1 % |
0 % |
8 % |
2 % |
$ 146 |
7 % |
4 % |
August Sold Price per Square Foot |
$ 134 |
5 % |
1 % |
9 % |
9 % |
$ 132 |
8 % |
7 % |
August Month ' s Supply of Inventory |
3.6 |
-9% |
-6% |
-9% |
-25% |
4.7 |
0 % |
-3% |
August Sale Price vs List Price Ratio |
94.1 % |
. 9 % |
. 6 % |
. 2 % |
. 0 % |
93.7 % |
-0% |
-0% |
Property Sales |
700 |
|
August Property sales were 455 , up 0.7 % from 452 in August of | ||
2016 and 1.1 % higher than the 450 sales last month . August |
600 |
|
Property
2017 sales Sales were at their highest level compared to August of
|
700 |
|
August
2016 and Property 2015 . sales August were YTD 455 , sales up 0.7 of % 3,716 from are 452 running August 3.5 of %
|
500 |
|
2016 ahead and of 1.1 last % higher year ' s year-to-date than the 450 sales last of 3,589 month . . August
2017 sales were at their highest level compared to August of
|
600 |
400 |
2016 and 2015 . August YTD sales of 3,716 are running 3.5 % |
500 |
|
ahead of last year ' s year-to-date sales of 3,589 . |
300 |
|
400 |
||
200 |
||
300 |
||
200 |
100 |
Prices | ||
The Median Sales Price in August was $ 204,500 , up 8.5 % from | ||
Prices
$ 188,550 in August of 2016 and down 0.2 % from $ 205,000 last
|
240 |
|
The month Median . The Sales Average Price Sales in August Price was in August $ 204,500 was , up $ 248,238 8.5 % from , up
$
11.6 188,550 % from in August $ 222,440 of 2016 in August and down of 2016 0.2 % and from up $ 8.2 205,000 % from last
240
|
220 |
|
month
$ 229,531 . The last Average month Sales . August Price in 2017 August ASP was $ at 248,238 the highest , up level
11.6 % from $ 222,440 in August of 2016 and up 8.2 % from
220 compared to August of 2016 and 2015 .
$ 229,531 last month . August 2017 ASP was at the highest level
200
|
200
180
|
|
compared to August of 2016 and 2015 . |
180 |
160 |
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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
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A |
3 Mo Avg |
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Median Sales Price and Average Sales Price |
120 |
100 |
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100 |
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S
O N D
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A S O N D
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F M A M J
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14 |
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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 1,658 Inventory , down 8.0 of % Properties from 1,802 available last month for sale and as down of August 8.6 %
3,000 was from 1,658 1,814 , down in August 8.0 % from of last 1,802 year last . August month 2017 and down Inventory 8.6 % was at
3,000
2,500 from a mid 1,814 level in compared August of last with year August . August of 2016 2017 and Inventory 2015 . was at
2,500 a mid level compared with August of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
|
|||||||
2,000
1,500
|
5.0 |
||||||||
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The August 2017 MSI of 3.6 higher MSI is better for buyers . The August 2017 MSI of 3.6
500
2.0 months was at its lowest level compared with August of 2016
500 months was at its lowest level compared with August of 2016
1.0 and 2015 .
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 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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