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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 |
$ 310,055 |
2 % |
-1% |
|||||
Average List Price of all Current Listings |
$ 404,505 |
2 % |
3 % |
|||||
March Median Sales Price |
$ 228,750 |
-8% |
-5% |
-3% |
-5% |
$ 239,000 |
3 % |
0 % |
March Average Sales Price |
$ 263,719 |
-6% |
-5% |
1 % |
-4% |
$ 274,766 |
7 % |
0 % |
Total Properties Currently for Sale ( Inventory ) |
1,575 |
-2% |
-3% |
|||||
March Number of Properties Sold |
458 |
22 % |
1 % |
1,129 |
5 % |
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March Average Days on Market ( Solds ) |
75 |
4 % |
1 % |
9 % |
7 % |
75 |
7 % |
7 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 166 |
2 % |
1 % |
8 % |
6 % |
$ 165 |
5 % |
5 % |
March Sold Price per Square Foot |
$ 149 |
0 % |
1 % |
7 % |
3 % |
$ 149 |
6 % |
3 % |
March Month ' s Supply of Inventory |
3.4 -20% -21% -4% |
-15% |
4.3 |
-6% |
7 % |
|||
March Sale Price vs List Price Ratio |
93.9 % |
-. 5 % -. 1 % -. 8 % |
-. 7 % |
93.9 % |
-1% |
-1% |
Property Sales |
500 |
|
March Property sales were 458 , up 1.3 % from 452 in March of
2017 and 22.1 % higher than the 375 sales last month . March
|
450 |
|
Property
2018 sales Sales were at their highest level compared to March of
|
500 |
400 |
March
2017 and Property 2016 sales . March were YTD 458 , sales up 1.3 of % 1,129 from are 452 running March 4.7 of %
2017 ahead and of 22.1 last % year higher ' s year-to-date than the 375 sales of last 1,078 month . . March
2018 sales were at their highest level compared to March of
|
450
400
|
350
300
|
2017 and 2016 . March YTD sales of 1,129 are running 4.7 % |
350 |
250 |
ahead of last year ' s year-to-date sales of 1,078 . |
300 |
200 |
200 |
100 |
||||||||||||||||
150 |
50 |
||||||||||||||||
100 |
0 |
||||||||||||||||
50 |
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 |
||||
0 |
15 |
16 |
17 |
18 |
|||||||||||||
Prices
The Median Sales Price in March was $ 228,750 , down 2.7 %
|
A
M J
15
|
J |
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
|
3 Mo Avg |
|||||||||||||
Prices from $ 235,000 in March of 2017 and down 7.8 % from
The
$ 248,000 Median last Sales month Price . in The March Average was $ 228,750 Sales Price , down in March 2.7 % was from
$ 263,719 $ 235,000 , up 1.5 in % March from of $ 2017 259,885 and in down March 7.8 % of from 2017 and down
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
$
5.9 248,000 % from last $ 280,170 month . The last Average month . Sales March Price 2018 in ASP March was was at the
$ 263,719 , up 1.5 % from $ 259,885 in March of 2017 and down
270 highest level compared to March of 2017 and 2016 .
5.9 % from $ 280,170 last month . March 2018 ASP was at the
250
|
250
230
|
||||||||||||||||
highest level compared to March of 2017 and 2016 . |
230 |
210 |
170 |
150 |
||||||
150 |
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 |
||||
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 1,575 Inventory , down 2.1 of % Properties from 1,608 available last month for sale and as down of March 2.9 %
1,800 was from 1,575 1,622 , down in March 2.1 % from of last 1,608 year last . March month 2018 and down Inventory 2.9 % was at
1,800 a
1,600 from mid 1,622 level compared in March of with last year March . March of 2017 2018 and Inventory 2016 . was at a
1,6001,400 mid level compared with March of 2017 and 2016 .
1,4001,200
1,2001,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0
6.0
5.0
|
7.0
6.0
5.0
4.0
|
||||
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The March 2018 MSI of 3.4 higher MSI is better for buyers . The March 2018 MSI of 3.4
400 months was at its lowest level compared with March of 2017 and months was at its lowest level compared with March of 2017 and
200
2016 .
2016 .
0
|
800
4.0
600
3.0
400
2.0
200
1.0
0
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
|
3.0
2.0
1.0
0.0
|