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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 |
$ 419,000 |
1 % |
5 % |
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Average List Price of all Current Listings |
$ 822,373 |
2 % |
10 % |
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May Median Sales Price |
$ 300,500 |
6 % |
5 % |
7 % |
9 % |
$ 283,000 |
2 % |
3 % |
May Average Sales Price |
$ 442,561 |
17 % |
5 % |
28 % |
16 % |
$ 411,130 |
8 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
1,727 |
-7% |
-12% |
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May Number of Properties Sold |
450 |
18 % |
7 % |
1,805 |
1 % |
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May Average Days on Market ( Solds ) |
90 |
14 % |
1 % |
-2% |
1 % |
89 |
-3% |
0 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 205 |
4 % |
1 % |
8 % |
6 % |
$ 204 |
6 % |
5 % |
May Sold Price per Square Foot |
$ 176 |
4 % |
2 % |
11 % |
7 % |
$ 173 |
7 % |
5 % |
May Month ' s Supply of Inventory |
3.8 -21% -15% -18% -36% |
5.7 |
-4% |
-4% |
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May Sale Price vs List Price Ratio |
92.4 % |
-. 6 % -. 3 % -1.3% -. 5 % |
92.7 % |
0 % |
-0% |
Number of Properties Sold |
3 Mo Avg |
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Property Sales |
500 |
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May Property sales were 450 , up 6.9 % from 421 in May of 2016 and 18.1 % higher than the 381 sales last month . May 2017 sales |
450 |
Number of Properties Sold |
3 Mo Avg |
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Property were at their Sales highest level compared to May of 2016 and 2015 .
500
|
400 |
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May
May Property YTD sales sales of were 1,805450 are , up running 6.9 % from 1.4 % 421 ahead in May of last of 2016 year ' s
450 and year-to-date 18.1 % higher sales than of the 1,780 381 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
400
|
350
300
|
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May YTD sales of 1,805 are running 1.4 % ahead of last year ' s |
350 |
250 |
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year-to-date sales of 1,780 . |
300 |
200 |
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250 |
150 |
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200 |
100 |
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150 |
50 |
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100 |
0 |
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50 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in May was $ 300,500 , up 7.3 % from
Prices
$ 280,000 in May of 2016 and up 6.2 % from $ 283,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 300,500 May was , up $ 442,561 7.3 % from , up 28.2 %
500
$ from 280,000 $ 345,203 in May in of May 2016 of and 2016 up and 6.2 % up from 16.5 $ % 283,000 from $ last 379,772 last
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J
J
14
500
450
|
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 442,561 compared , up 28.2 to % May
450 from of 2016 $ 345,203 and 2015 in May . of 2016 and up 16.5 % from $ 379,772 last
|
400 |
||||||||||||||||
month . May 2017 ASP was at the highest level compared to May |
400 |
350 |
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of 2016 and 2015 . |
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350 |
300 |
250 |
200 |
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200 |
J |
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
14
A S O N D
J
F 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 A
17 M
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14 |
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 May
The was Total 1,727 Inventory , down 6.7 of % Properties from 1,852 available last month for sale and as down of May 12.1 %
3,000 was from 1,727 1,964 , down in May 6.7 % of from last 1,852 year . last May month 2017 and Inventory down 12.1 was % at its
3,000
2,500 from lowest 1,964 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its
2,500 lowest level compared with May of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
9.0
8.0
7.0
|
||||
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The May 2017 MSI of 3.8 higher MSI is better for buyers . The May 2017 MSI of 3.8
500
2.0 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 A M
14
15
16
17
14
15
16
17
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