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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 |
$ 496,448 |
0 % |
5 % |
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Average List Price of all Current Listings |
$ 636,837 |
-0% |
-1% |
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August Median Sales Price |
$ 433,650 |
22 % |
12 % |
24 % |
14 % |
$ 385,000 |
0 % |
1 % |
August Average Sales Price |
$ 503,346 |
19 % |
14 % |
16 % |
7 % |
$ 466,580 |
-2% |
0 % |
Total Properties Currently for Sale ( Inventory ) |
340 |
-8% |
12 % |
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August Number of Properties Sold |
61 |
5 % |
-2% |
427 |
-0% |
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August Average Days on Market ( Solds ) |
82 -12% -11% 17 % |
1 % |
100 |
32 % |
23 % |
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Asking Price per Square Foot ( based on New Listings ) |
$ 196 |
0 % |
-2% |
2 % |
-3% |
$ 200 |
-1% |
-1% |
August Sold Price per Square Foot |
$ 191 |
9 % |
5 % |
7 % |
4 % |
$ 184 |
-1% |
0 % |
August Month ' s Supply of Inventory |
5.6 -12% -8% |
14 % |
-16% |
8.0 |
27 % |
21 % |
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August Sale Price vs List Price Ratio |
93.3 % -1.2% -. 0 % -. 9 % |
-. 7 % |
92.9 % |
-1% |
-1% |
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Property Sales 80
August Property sales were 61 , down 1.6 % from 62 in August of Number of Properties Sold
3 Mo Avg
2016 and 5.2 % higher than the 58 sales last month . August 2017 70 Property sales were Sales at a mid level compared to August of 2016 and 201580
. 60
August Property YTD sales sales of were 427 are 61 , down running 1.6 % 0.2 from % behind 62 August last year of ' s 2016 and 5.2 % higher than the 58 sales last month . August 2017 70 year-to-date sales of 428 .
50 sales were at a mid level compared to August of 2016 and 2015 .
60 August YTD sales of 427 are running 0.2 % behind last year ' s 40 year-to-date sales of 428 .
50 30
40 20
30 10
20 0
10
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 $ 433,650 , up 24.4 % from 700
Prices $ 348,500 in August of 2016 and up 22.2 % from $ 355,000 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 $ 433,650 was , up $ 24.4 503,346 % from , up 650
700 $ 16.1 348,500 % from in August $ 433,472 of 2016 in August and up of 22.2 2016 % and from up $ 355,000 18.8 % from last 600 month . The Average Sales Price in August $ 503,346 , up 650
$ 423,737 last month . August 2017 ASP was at the highest level 550 16.1 compared % from $ to 433,472 August in of August 2016 and of 2016 2015 and . up 18.8 % from 600
500
$ 423,737 last month . August 2017 ASP was at the highest level 550 compared to August of 2016 and 2015 .
450 500
400
450 400
350
350 300
300 250
250 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
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 340 , Inventory down 7.6 of % Properties from 368 last available month for and sale up as 12.2 of August % from 500
14.0 was 303340 in , August down 7.6 of % last from year 368 . August last month 2017 and Inventory up 12.2 % was from at its 500
14.0 12.0 400
303 highest in August level of compared last year . with August August 2017 of Inventory 2016 and was 2015 at its . 12.0
400 10.0 highest level compared with August of 2016 and 2015 . 300
10.0 8.0
300 8.0
200 6.0
A comparatively lower MSI is more beneficial for sellers while 200 a 6.0
4.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 5.6 a
100 4.0 higher months MSI was is better at its highest for buyers level . The compared August 2017 with MSI August of 5.6 of 2016 100 2.0 months was at its highest level compared with August of 2016 2.0 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
17
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