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 |
$ 997,777 |
0 % |
11 % |
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Average List Price of all Current Listings |
$ 2,134,501 |
4 % |
19 % |
|||||
February Median Sales Price |
$ 689,000 |
-17% -11% -10% |
-2% |
$ 780,000 |
11 % |
11 % |
||
February Average Sales Price |
$ 1,232,172 |
-1% |
12 % |
22 % |
21 % |
$ 1,235,917 |
22 % |
22 % |
Total Properties Currently for Sale ( Inventory ) |
605 |
4 % |
-0% |
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February Number of Properties Sold |
49 |
-2% |
-21% |
99 |
-10% |
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February Average Days on Market ( Solds ) |
139 |
28 % |
13 % |
16 % |
36 % |
124 |
11 % |
22 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 455 |
9 % |
7 % |
9 % |
11 % |
$ 434 |
9 % |
6 % |
February Sold Price per Square Foot |
$ 387 |
-6% |
1 % |
12 % |
9 % |
$ 398 |
13 % |
12 % |
February Month ' s Supply of Inventory |
12.3 |
6 % |
13 % |
26 % |
24 % |
12.0 |
8 % |
20 % |
February Sale Price vs List Price Ratio |
91.7 % |
. 9 % |
. 5 % |
2.7 % |
. 5 % |
91.3 % |
1 % |
0 % |
Property Sales |
100 |
|
February Property sales were 49 , down 21.0 % from 62 in
February of 2017 and 2.0 % lower than the 50 sales last month .
|
90 |
|
Property
February 2018 Sales sales were at their lowest level compared to
|
100 |
80 |
February Property of 2017 sales and 2016 were . 49 February , down 21.0 YTD % from sales 62 of in 99 are
February running of 10.0 2017 % behind and 2.0 % last lower year than ' s year-to-date the 50 sales sales last month of 110 .
February 2018 sales were at their lowest level compared to
|
90
80
|
70
60
|
February of 2017 and 2016 . February YTD sales of 99 are |
70 |
50 |
running 10.0 % behind last year ' s year-to-date sales of 110 . |
60 |
40 |
40 |
20 |
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30 |
10 |
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20 |
0 |
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10 |
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 |
||||||
0 |
15 |
16 |
17 |
18 |
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M
A M J
Prices
15
The Median Sales Price in February was $ 689,000 , down 10.4 %
1,400
Prices from $ 768,750 in February of 2017 and down 16.5 % from
The
$ 825,500 Median last Sales month Price . in The February Average was Sales $ 689,000 Price , in down February 10.4 % was
1,300
1,400 from
$ 1,232,172 $ 768,750 , up in 22.4 February % from of $ 2017 1,006,982 and down in February 16.5 % from of 2017 and
1,200
$ 825,500 last month . The Average Sales Price in February was
1,300 down 0.6 % from $ 1,239,587 last month . February 2018 ASP
1,100
$ was 1,232,172 at the , up highest 22.4 % level from compared $ 1,006,982 to in February of of 2017 2017 and and 2016
1,200 .
1,000 down 0.6 % from $ 1,239,587 last month . February 2018 ASP
1,100 was at the highest level compared to February of 2017 and 2016 .
900
1,000
|
J |
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
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900 |
800 |
||||||||||||||||||
800 |
700 |
||||||||||||||||||
700 |
600 |
||||||||||||||||||
600 |
500 |
||||||||||||||||||
500 |
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
15 M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
|
||||||||||||||||||
15 |
16 |
17 |
18 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 605 , of up Properties 4.1 % from available 581 last for month sale as and of down 0.3 %
February from 607 was in 605 February , up 4.1 of % last from year 581 . last February month 2018 and down Inventory 0.3 % was
700 from at a 607 mid in level February compared of last with year February . of 2018 2017 Inventory and 2016 was .
600 at a mid level compared with February of 2017 and 2016 .
500
|
700
600
500
400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
18.0
16.0
14.0
12.0
|
18.0
16.0
14.0
12.0
10.0
|
|||||||||||||||
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a 12.3
200 higher months MSI was is better at its highest for buyers level . The compared February with 2018 February MSI of 12.3 of 2017 months was at its highest level compared with February of 2017
100 and 2016 . and 2016 .
0
|
300
10.0
8.0
200
6.0
100
4.0
2.0
0
0.0
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 J
F
15
16
17
18
15
16
17
18
|
8.0
6.0
4.0
2.0
0.0
|