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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 |
$ 259,950 |
-2% |
4 % |
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Average List Price of all Current Listings |
$ 291,100 |
1 % |
6 % |
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August Median Sales Price |
$ 305,000 |
-7% |
-2% |
1 % |
10 % |
$ 298,000 |
7 % |
7 % |
August Average Sales Price |
$ 292,350 |
-5% |
-1% |
2 % |
9 % |
$ 281,208 |
6 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
528 |
-5% |
-24% |
|||||
August Number of Properties Sold |
179 |
-9% |
-18% |
1,531 |
-2% |
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August Average Days on Market ( Solds ) |
43 |
2 % |
-10% -38% -36% |
55 |
-19% |
-18% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 172 |
2 % |
1 % |
12 % |
11 % |
$ 167 |
8 % |
8 % |
August Sold Price per Square Foot |
$ 166 |
-0% |
0 % |
9 % |
13 % |
$ 159 |
10 % |
8 % |
August Month ' s Supply of Inventory |
2.9 |
5 % |
7 % |
-7% |
-26% |
3.3 |
-21% |
-18% |
August Sale Price vs List Price Ratio |
95.4 % |
-. 5 % -. 5 % -. 9 % |
-. 1 % |
95.9 % |
0 % |
0 % |
Property Sales |
300 |
|
August Property sales were 179 , down 18.3 % from 219 in August | ||
of 2016 and 9.1 % lower than the 197 sales last month . August
Property
2017 sales Sales were at their lowest level compared to August of 2016
300
|
250 |
|
August and 2015 Property . August sales YTD were sales 179 , of down 1,531 18.3 are % running from 2191.5 in % August behind of last 2016 year and ' s year-to-date 9.1 % lower than sales the of 197 1,555 sales . last month . August
250
2017 sales were at their lowest level compared to August of 2016
|
200 |
|
and 2015 . August YTD sales of 1,531 are running 1.5 % behind last year ' s year-to-date sales of 1,555 . |
200 |
150 |
150 |
100 |
Prices | ||
The Median Sales Price in August was $ 305,000 , up 1.3 % from | ||
Prices
$ 301,000 in August of 2016 and down 7.3 % from $ 329,000 last
|
340 |
|
The month Median . The Sales Average Price Sales in August Price was in August $ 305,000 was , up $ 292,350 1.3 % from , up
$
1.7 301,000 % from in $ August 287,509 of 2016 in August and down of 2016 7.3 and % from down $ 329,000 4.8 % from last
340
|
320 |
|
month
$ 307,170 . The last Average month Sales . August Price in 2017 August ASP was $ at 292,350 the highest , up level
1.7 % from $ 287,509 in August of 2016 and down 4.8 % from
320 compared to August of 2016 and 2015 .
$ 307,170 last month . August 2017 ASP was at the highest level
300
|
300
280
|
|
compared to August of 2016 and 2015 . |
280 |
260 |
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F M A M J |
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A S O N D |
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F M A M J |
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16 |
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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
15
16
17
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J |
A |
3 Mo Avg |
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Median Sales Price and Average Sales Price |
220 |
200 |
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200 |
S |
S
O N D
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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
O
14 N D
J
F
15 M A M J
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A S O N D
J
F M
16 A M J
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A S O N D
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F M A
17 M J
J
A
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A |
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14 |
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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 528 , Inventory down 4.5 of % Properties from 553 last available month for and sale down as of 23.6 August % from
1,000 was 691528 in , August down 4.5 of % last from year 553 . August last month 2017 and Inventory down 23.6 was % at from its
1,000
800
691 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
800 lowest level compared with August of 2016 and 2015 .
600
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
5.0
|
|||||||
400 |
4.0 |
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A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 2.9 a higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 2.9 of 2016
200 months and 2015 was
. at its lowest level compared with August of 2016 and 2015 .
0
|
3.0
200
2.0
1.0
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 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
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