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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 |
$ 369,000 |
1 % |
-0% |
|||||
Average List Price of all Current Listings |
$ 559,674 |
1 % |
0 % |
|||||
August Median Sales Price |
$ 271,500 |
-3% |
-1% |
5 % |
6 % |
$ 268,994 |
5 % |
5 % |
August Average Sales Price |
$ 350,591 |
-1% |
-2% |
14 % |
4 % |
$ 346,862 |
1 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
2,990 |
-6% |
4 % |
|||||
August Number of Properties Sold |
803 |
12 % |
0 % |
5,992 |
-2% |
|||
August Average Days on Market ( Solds ) |
80 |
-5% |
1 % |
14 % |
11 % |
78 |
8 % |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 195 |
8 % |
3 % |
8 % |
2 % |
$ 193 |
3 % |
1 % |
August Sold Price per Square Foot |
$ 178 |
0 % |
0 % |
11 % |
6 % |
$ 177 |
4 % |
5 % |
August Month ' s Supply of Inventory |
3.7 -16% -7% |
4 % |
-17% |
4.7 |
8 % |
4 % |
||
August Sale Price vs List Price Ratio |
94.3 % |
. 3 % |
. 2 % |
. 1 % |
-. 2 % |
94.1 % |
-0% |
-0% |
Property Sales |
1,000 |
||
August Property sales were 803 , equal to 803 in August of 2016 and 11.8 % higher than the 718 sales last month . August 2017 |
900 |
||
Property sales were Sales at their highest level compared to August of 2016 and
1,000
|
800 |
||
August
2015 . Property August YTD sales sales were of 803 5,992 , equal are to running 803 August 2.0 % behind of 2016 last
900 and year 11.8 ' s year-to-date % higher than sales the 718 of 6,112 sales . last month . August 2017 sales were at their highest level compared to August of 2016 and
800
|
700
600
|
||
2015 . August YTD sales of 5,992 are running 2.0 % behind last |
700 |
500 |
|
year ' s year-to-date sales of 6,112 . |
600 |
400 |
400 |
200 |
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300 |
100 |
||||||||||||||||
200 |
0 |
||||||||||||||||
100 |
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 $ 271,500 , up 4.8 % from
Prices
$ 259,000 in August of 2016 and down 2.8 % from $ 279,250 last
The month Median . The Sales Average Price Sales in August Price was in August $ 271,500 was , up $ 4.8 350,591 % from , up
400
$
13.8 259,000 % from in August $ 308,041 of 2016 in August and down of 2016 2.8 % and from down $ 279,250 1.2 % from last month . The Average Sales Price in August $ 350,591 , up
380
$ 355,009 last month . August 2017 ASP was at the highest level
13.8 % from $ 308,041 in August of 2016 and down 1.2 % from
360 compared to August of 2016 and 2015 .
$ 355,009 last month . August 2017 ASP was at the highest level
340 compared to August of 2016 and 2015 .
320
300
280
260
240
220
200
|
S
O N D
J
F M A
MMedian J
J
A S Sales O N D Price
J
F M and A M Average J
J
A S OSales N D
J Price
F M A M J
J
A
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
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
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 ) |
||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 2,990 Inventory , down 5.8 of % Properties from 3,174 available last month for sale and as up of August 4.1 % from
4,000 was
2,873 2,990 in , August down 5.8 of % last from year 3,174 . August last month 2017 Inventory and up 4.1 % was from at its
4,0003,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0 |
|||||||||||||||
2,873 highest in August level compared of last year with . August 2017 of Inventory 2016 and was 2015 at . its highest level compared with August of 2016 and 2015 . |
3,5003,000
3,0002,500
|
7.0
6.0
|
|||||||||||||||
2,5002,000 |
5.0 |
||||||||||||||||
2,000
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 3.7 a
1,000 higher MSI is better for buyers . The August 2017 MSI of 3.7
1,000
2.0 months was at a mid level compared with August of 2016 and
500 months was at a mid level compared with August of 2016 and
500
1.0
2015 .
0
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
14
15
16
17
14
15
16
17
|