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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 |
$ 275,000 |
2 % |
6 % |
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Average List Price of all Current Listings |
$ 346,308 |
1 % |
4 % |
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January Median Sales Price |
$ 195,000 |
-7% |
-3% |
5 % |
-2% |
$ 195,000 |
5 % |
-2% |
January Average Sales Price |
$ 229,447 |
-4% |
-2% |
6 % |
-2% |
$ 229,447 |
6 % |
-2% |
Total Properties Currently for Sale ( Inventory ) |
2,176 |
9 % |
-9% |
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January Number of Properties Sold |
338 -28% |
2 % |
338 |
2 % |
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January Average Days on Market ( Solds ) |
77 |
4 % |
0 % |
13 % |
-4% |
77 |
13 % |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 166 |
5 % |
6 % |
9 % |
11 % |
$ 166 |
9 % |
11 % |
January Sold Price per Square Foot |
$ 134 |
-2% |
-1% |
8 % |
1 % |
$ 134 |
7 % |
1 % |
January Month ' s Supply of Inventory |
6.4 |
51 % |
22 % -11% |
34 % |
6.4 |
-11% |
34 % |
|
January Sale Price vs List Price Ratio |
94.7 % |
-. 5 % |
. 1 % |
. 5 % |
. 8 % |
94.7 % |
1 % |
1 % |
Property Sales |
700 |
|
January Property sales were 338 , up 1.8 % from 332 in January | ||
of 2017 and 28.2 % lower than the 471 sales last month . January |
600 |
|
Property
2018 sales Sales were at their highest level compared to January of
700
| ||
January
2017 and Property 2016 . sales January were YTD 338 , sales up 1.8 of % 338 from are 332 running January 1.8 %
|
500 |
|
of ahead 2017 and of last 28.2 year % lower ' s year-to-date than the 471 sales sales of last 332 month . . January
2018 sales were at their highest level compared to January of
|
600 |
400 |
2017 and 2016 . January YTD sales of 338 are running 1.8 % |
500 |
|
ahead of last year ' s year-to-date sales of 332 . |
300 |
|
400 |
||
200 |
||
300 |
||
200 |
100 |
100 |
0 |
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 |
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0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in January was $ 195,000 , up 5.4 % from
|
F
M A M J
15
|
J |
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
|
3 Mo Avg |
||||||||||||||
Prices
$ 185,000 in January of 2017 and down 7.1 % from $ 210,000
The last Median month Sales . The Price Average in January Sales Price was $ in 195,000 January , up was 5.4 $ % 229,447 from ,
$ up 185,000 6.1 % from in January $ 216,206 of 2017 in January and down of 7.1 2017 % from and $ down 210,000 4.0 % from
240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||
last
$ 239,058 month . last The month Average . January Sales Price 2018 in January ASP was was at $ the 229,447 highest , up level 6.1 % compared from $ 216,206 to January in January of 2017 of 2017 and 2016 and down . 4.0 % from
$ 239,058 last month . January 2018 ASP was at the highest
|
220
200
|
200
180
|
||||||||||||||||
level compared to January of 2017 and 2016 . |
180 |
160 |
120 |
100 |
||||||
100 |
F |
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
M
15 A 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
18
|
|||||
15 |
16 |
17 |
18 |
||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 2,176 of , up Properties 8.5 % from available 2,005 for last sale month as of and down
3,000
January
9.3 % from was 2,399 2,176 , in up January 8.5 % from of 2,005 last year last . month January and 2018 down
3,000
2,500
9.3
Inventory % from 2,399 was at in a January mid level of last compared year . January with January 2018 of 2017 and
2,500
Inventory
2016 . was at a mid level compared with January of 2017 and
2,000
2016 .
2,000
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
5.0
|
8.0
7.0
6.0
5.0
4.0
|
||||
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The January 2018 MSI of 6.4 higher MSI is better for buyers . The January 2018 MSI of 6.4
500
2.0 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
1.0 and 2016 .
0 and 2016 .
0
0.0
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 J
15
16
17
18
15
16
17
18
|
3.0
2.0
1.0
0.0
|