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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 |
$ 265,000 |
2 % |
6 % |
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Average List Price of all Current Listings |
$ 328,069 |
1 % |
4 % |
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December Median Sales Price |
$ 246,500 |
-3% |
0 % |
3 % |
7 % |
$ 240,000 |
4 % |
4 % |
December Average Sales Price |
$ 277,410 |
6 % |
2 % |
1 % |
9 % |
$ 268,607 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
1,337 |
0 % |
-14% |
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December Number of Properties Sold |
285 |
17 % |
14 % |
3,666 |
0 % |
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December Average Days on Market ( Solds ) |
71 |
6 % |
0 % |
4 % |
4 % |
73 |
9 % |
7 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 166 |
1 % |
2 % |
9 % |
8 % |
$ 159 |
3 % |
3 % |
December Sold Price per Square Foot |
$ 153 |
1 % |
2 % |
5 % |
10 % |
$ 148 |
6 % |
6 % |
December Month ' s Supply of Inventory |
4.7 -15% |
-7% |
-24% -10% |
4.9 |
-6% |
-6% |
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December Sale Price vs List Price Ratio |
93.2 % |
-. 1 % |
. 1 % -1.8% |
-. 1 % |
92.9 % |
-0% |
-0% |
Property Sales |
450 |
|
December Property sales were 285 , up 13.5 % from 251 in
December of 2016 and 17.3 % higher than the 243 sales last
|
400 |
|
Property month . December Sales 2017 sales were at a mid level compared to
450
|
350 |
|
December Property of 2016 sales and were 2015 . 285 December , up 13.5 % YTD from sales 251 in of 3,666 are
December of 2016 and 17.3 % higher than the 243 last
400 running 0.1 % ahead of last year ' s year-to-date sales of 3,662 .
|
300 |
|
month . December 2017 sales were at a mid level compared to |
350 |
250 |
December of 2016 and 2015 . December YTD sales of 3,666 are running 0.1 % ahead of last year ' s year-to-date sales of 3,662 . |
300 |
200 |
250 |
150 |
200 |
100 |
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150 |
50 |
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100 |
0 |
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50 |
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 |
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0 |
15 |
16 |
17 |
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Prices
The Median Sales Price in December was $ 246,500 , up 3.1 %
|
J
F M A M J
15
|
J |
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
|
3 Mo Avg |
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Prices from $ 239,000 in December of 2016 and down 3.0 % from
The
$ 254,000 Median last Sales month Price . in The December Average was Sales $ 246,500 Price in , up December 3.1 % was from
$ 277,410 $ 239,000 , up 0.5 in December % from $ 276,000 of 2016 and in December down 3.0 % of from 2016 and up
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
$
5.6 254,000 % from last $ 262,755 month . The last Average month . Sales December Price in 2017 December ASP was was at the
$ 277,410 , up 0.5 % from $ 276,000 in December of 2016 and up
270 highest level compared to December of 2016 and 2015 .
5.6 % from $ 262,755 last month . December 2017 ASP was at the
250
|
250
230
|
||||||||||||||||
highest level compared to December of 2016 and 2015 . |
230 |
210 |
|||||||||||||||
210 |
190 |
170 |
150 |
|||
150 |
J |
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
15
16
17
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
|
||
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
December Total Inventory was 1,337 of , Properties up 0.2 % from available 1,334 for last sale month as of and down
1,800
December
13.6 % from was 1,547 1,337 in , up December 0.2 % from of 1,334 last year last . month December and down 2017
1,8001,600
8.0
13.6
Inventory % from 1,547 was at in its December lowest level of last compared year . December with December 2017 of
1,6001,400
7.0
Inventory
2016 and was 2015 at . its lowest level compared with December of
1,4001,200
6.0
2016 and 2015 .
1,2001,000
5.0
1,000
800
4.0
A comparatively lower MSI is more beneficial for sellers while a
800
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The December 2017 MSI of 4.7
400
2.0 higher MSI is better for buyers . The December 2017 MSI of 4.7
400 months was at a mid level compared with December of 2016
200 months was at a mid level compared with December of 2016
200
1.0 and 2015 .
0 and 2015 .
0
0.0
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 S O N D
15
16
17
15
16
17
|