Trending versus *: |
Trending versus *: |
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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 |
$ 589,900 |
-2% |
8 % |
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Average List Price of all Current Listings |
$ 804,195 |
1 % |
3 % |
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December Median Sales Price |
$ 521,000 |
8 % |
12 % |
18 % |
18 % |
$ 451,500 |
3 % |
3 % |
December Average Sales Price |
$ 624,802 |
18 % |
22 % |
35 % |
28 % |
$ 509,056 |
5 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
375 |
-9% |
-7% |
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December Number of Properties Sold |
44 -24% |
-47% |
929 |
-12% |
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December Average Days on Market ( Solds ) |
90 |
6 % |
15 % |
23 % |
18 % |
69 |
-9% |
-9% |
Asking Price per Square Foot ( based on New Listings ) |
$ 189 |
1 % |
-1% |
-4% |
-2% |
$ 196 |
2 % |
2 % |
December Sold Price per Square Foot |
$ 176 |
-4% |
1 % |
-1% |
-3% |
$ 182 |
0 % |
0 % |
December Month ' s Supply of Inventory |
8.5 |
19 % |
10 % |
76 % |
51 % |
6.5 |
15 % |
15 % |
December Sale Price vs List Price Ratio |
91.6 % |
-. 8 % -1.5% -3.4% -3.5% |
94.5 % |
-0% |
-0% |
Property Sales |
160 |
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December Property sales were 44 , down 47.0 % from 83 in
December of 2016 and 24.1 % lower than the 58 sales last month .
|
140 |
Number of Properties Sold |
3 Mo Avg |
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Property
December Sales 2017 sales were at their lowest level compared to
160
December Property of 2016 sales and were 2015 . 44 December , down 47.0 YTD % from sales 83 of in 929 are
December of 2016 and 24.1 % lower than the 58 sales last month .
140 running 11.6 % behind last year ' s year-to-date sales of 1,051 .
|
120
100
|
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December 2017 sales were at their lowest level compared to
December of 2016 and 2015 . December YTD sales of 929 are running 11.6 % behind last year ' s year-to-date sales of 1,051 .
|
120
100
|
80
60
|
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80 |
40 |
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60 |
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20 |
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40 |
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0 |
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20 |
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 $ 521,000 , up 18.4 %
Prices from $ 440,000 in December of 2016 and up 8.4 % from
The
$ 480,477 Median last Sales month Price . in The December Average was Sales $ 521,000 Price in , up December 18.4 % was
700 from
$ 624,802 $ 440,000 , up in 34.7 December % from $ of 463,992 2016 and in up December 8.4 % from of 2016 and
$ up 480,477 17.8 % last from month $ 530,272 . The Average last month Sales . December Price in December 2017 ASP was was
650
$ at 624,802 the highest , up 34.7 level % from compared $ 463,992 to December in December of 2016 of 2016 and and 2015 .
600
|
J
F M A M J
15
700
650
600
550
|
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
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
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up 17.8 % from $ 530,272 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 . |
550
500
|
500
450
|
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450 |
400 |
||||||||||||||||||
400 |
350 |
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350 |
300 |
||||||||||||||||||
300 |
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 |
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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
The
December Total Inventory was 375 of , down Properties 9.4 % available from 414 for last sale month as of and down
December
6.9 % from was 403 375 in , down December 9.4 % from of last 414 year last . December month and 2017 down
600
6.9
Inventory % from 403 was in at December its lowest of level last compared year . December with December 2017 of
500
Inventory
2016 and was 2015 at . its lowest level compared with December of
2016 and 2015 .
400
|
600
500
400
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
10.0
8.0
6.0
|
10.0
8.0
6.0
|
|||||||||||||||
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The December 2017 MSI of 8.5 higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 8.5 of
100 months
2016 and was 2015 at its . highest level compared with December of
2016 and 2015 .
0
|
200
4.0
100
2.0
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
|
4.0
2.0
0.0
|