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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 |
$ 399,000 |
0 % |
5 % |
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Average List Price of all Current Listings |
$ 739,388 |
0 % |
3 % |
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August Median Sales Price |
$ 280,000 |
0 % |
0 % |
4 % |
8 % |
$ 275,000 |
7 % |
6 % |
August Average Sales Price |
$ 407,593 |
3 % |
2 % |
3 % |
8 % |
$ 398,623 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
2,213 |
-8% |
-6% |
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August Number of Properties Sold |
520 |
0 % |
1 % |
4,334 |
1 % |
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August Average Days on Market ( Solds ) |
85 |
2 % |
2 % |
20 % |
21 % |
80 |
18 % |
14 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 234 |
5 % |
-1% |
8 % |
1 % |
$ 238 |
4 % |
3 % |
August Sold Price per Square Foot |
$ 209 |
1 % |
1 % |
1 % |
5 % |
$ 208 |
6 % |
5 % |
August Month ' s Supply of Inventory |
4.3 |
-8% |
-2% |
-7% |
-13% |
5.0 |
9 % |
3 % |
August Sale Price vs List Price Ratio |
92.4 % |
-. 8 % -. 5 % -1.2% -1.6% |
93.1 % |
-1% |
-1% |
Property Sales |
700 |
|
August Property sales were 520 , up 0.6 % from 517 in August of | ||
2016 and 0.4 % higher than the 518 sales last month . August |
600 |
|
Property
2017 sales Sales were at a mid level compared to August of 2016 and
700
| ||
August
2015 . Property August YTD sales sales were of 520 4,334 , up 0.6 are % running from 5170.6 in % August ahead of of last
|
500 |
|
2016 year and ' s year-to-date 0.4 % higher sales than of the 4,309 518 sales . last month . August
2017 sales were at a mid level compared to August of 2016 and
|
600 |
400 |
2015 . August YTD sales of 4,334 are running 0.6 % ahead of last |
500 |
|
year ' s year-to-date sales of 4,309 . |
300 |
|
400 |
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200 |
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300 |
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200 |
100 |
100 |
0 |
S |
O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
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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 $ 280,000 , up 3.7 % from
Prices
$ 270,000 in August of 2016 and up 0.0 % from $ 279,950 last
The month Median . The Sales Average Price Sales in August Price was in August $ 280,000 was , up $ 407,593 3.7 % from , up
450
$
3.0 270,000 % from in $ August 395,628 of 2016 in August and up of 0.0 2016 % from and up $ 279,950 3.0 % from last
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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
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
|
3 Mo Avg |
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month
$ 395,691 . The last Average month Sales . August Price in 2017 August ASP was $ at 407,593 the highest , up level
3.0 % from $ 395,628 in August of 2016 and up 3.0 % from
400 compared to August of 2016 and 2015 .
|
350 |
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$ 395,691 last month . August 2017 ASP was at the highest level |
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compared to August of 2016 and 2015 . |
350 |
300 |
250 | |||||||||
200 |
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200 |
S |
S
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F M A M J
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O
14 N D
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F
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F M A
17 M J
J
A
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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 2,213 Inventory , down 7.8 of % Properties from 2,400 available last month for sale and as of down August 6.3 %
3,500 was from 2,213 2,362 , down in August 7.8 % from of last 2,400 year last . August month 2017 and down Inventory 6.3 % was
3,500 at
3,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0 |
|||||||
from a mid 2,362 level in compared August of with last year August . August of 2016 2017 and Inventory 2015 . was at
3,000
7.0
2,500 a mid level compared with August of 2016 and 2015 .
2,500
6.0
2,000
5.0
2,000
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 4.3 a
1,000 higher MSI is better for buyers . The August 2017 MSI of 4.3
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
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16
17
14
15
16
17
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