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 |
$ 469,990 |
3 % |
9 % |
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Average List Price of all Current Listings |
$ 1,069,376 |
2 % |
7 % |
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March Median Sales Price |
$ 310,000 |
5 % |
3 % |
9 % |
7 % |
$ 300,000 |
7 % |
3 % |
March Average Sales Price |
$ 495,688 |
-2% |
3 % |
6 % |
11 % |
$ 488,865 |
8 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
20,801 |
-2% |
-4% |
|||||
March Number of Properties Sold |
2,062 |
28 % |
-17% |
5,339 |
-10% |
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March Average Days on Market ( Solds ) |
92 -12% -3% |
1 % |
1 % |
96 |
3 % |
5 % |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 331 |
-4% |
-5% |
-1% |
0 % |
$ 345 |
3 % |
4 % |
March Sold Price per Square Foot |
$ 250 |
-2% |
1 % |
6 % |
6 % |
$ 250 |
7 % |
6 % |
March Month ' s Supply of Inventory |
10.1 -23% -16% 16 % |
-6% |
11.9 |
7 % |
12 % |
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March Sale Price vs List Price Ratio |
93.0 % |
. 5 % |
. 2 % |
-. 1 % |
-. 2 % |
92.7 % |
-0% |
-1% |
500 |
0 |
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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 |
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0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in March was $ 310,000 , up 8.8 % from
Prices
$ 285,000 in March of 2017 and up 5.1 % from $ 295,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 310,000 was , up $ 495,688 8.8 % from , up
600
$
6.3 285,000 % from in $ March 466,218 of 2017 in March and up of 5.1 2017 % from and down $ 295,000 1.8 % last from month
$ 504,582 . The last Average month Sales . March Price 2018 in March ASP was was $ 495,688 at the highest , up level
550
6.3 compared % from $ to 466,218 March in of March 2017 of and 2017 2016 and . down 1.8 % from
500
|
A
M J
15
600
550
500
450
|
J |
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
$ 504,582 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 . |
450
400
|
400
350
|
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350 |
300 |
|||||||||||||||||
300 |
250 |
250 |
200 |
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200 |
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
15 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 M
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 March
The was Total 20,801 Inventory , down of 1.9 Properties % from 21,203 available last for month sale as and of down March 3.6 %
22,000 was from 20,801 21,571 , down in March 1.9 % from of last 21,203 year . last March month 2018 and Inventory down 3.6 % was at
22,000
21,000 from its lowest 21,571 level in March compared of last with year . March of 2018 2017 Inventory and 2016 was . at
21,000 its lowest level compared with March of 2017 and 2016 .
20,000
20,000
19,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
16.0
14.0
12.0
10.0
|
16.0
14.0
12.0
10.0
8.0
|
|||
19,000
8.0
A comparatively lower MSI is more beneficial for sellers while a
18,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
18,000 higher MSI is better for buyers . The March 2018 MSI of 10.1 higher MSI is better for buyers . The March 2018 MSI of 10.1
17,000
4.0 months was at its highest level compared with March of 2017
17,000 months was at its highest level compared with March of 2017
2.0 and 2016 .
16,000 and 2016 .
16,000
0.0
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 S O N D J
F M
15
16
17
18
15
16
17
18
|
6.0
4.0
2.0
0.0
|