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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 |
$ 249,999 |
2 % |
11 % |
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Average List Price of all Current Listings |
$ 278,788 |
3 % |
13 % |
|||||
May Median Sales Price |
$ 195,000 |
2 % |
4 % |
11 % |
11 % |
$ 187,000 |
11 % |
7 % |
May Average Sales Price |
$ 200,431 |
-3% |
1 % |
11 % |
8 % |
$ 197,555 |
12 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
1,309 |
-5% |
-14% |
|||||
May Number of Properties Sold |
443 |
25 % |
9 % |
1,772 |
5 % |
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May Average Days on Market ( Solds ) |
66 -12% -8% |
-6% |
-15% |
72 |
-13% |
-8% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 120 |
-1% |
1 % |
9 % |
9 % |
$ 118 |
9 % |
7 % |
May Sold Price per Square Foot |
$ 110 |
1 % |
2 % |
10 % |
9 % |
$ 108 |
11 % |
7 % |
May Month ' s Supply of Inventory |
3.0 -24% -16% -21% -37% |
4.1 |
-18% |
-12% |
||||
May Sale Price vs List Price Ratio |
96.9 %
1.4 % 1.1 % 1.1 % 1.3 %
|
95.7 % |
0 % |
0 % |
Property Sales |
600 |
|
May Property sales were 443 , up 8.6 % from 408 in May of 2016 | ||
and 25.1 % higher than the 354 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
600
|
500 |
|
May
May Property YTD sales sales of were 1,772443 are , running up 8.6 % from 5.3 % 408 ahead in May of last of year 2016 ' s and year-to-date 25.1 % higher sales than of the 1,683 354 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
|
500 |
400 |
May YTD sales of 1,772 are running 5.3 % ahead of last year ' s year-to-date sales of 1,683 . |
400 |
300 |
300 |
200 |
100 |
0 |
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J |
F M A M J |
J |
A S O N D |
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F M A M J |
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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 $ 195,000 , up 11.5 % from
|
J
14
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J |
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
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F M A M
15
16
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3 Mo Avg |
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Prices
$ 174,900 in May of 2016 and up 2.4 % from $ 190,500 last
The month Median . The Sales Average Price Sales in May Price was $ in 195,000 May was , up $ 200,431 11.5 % from , up 10.9 %
$ from 174,900 $ 180,654 in May of in 2016 May of and 2016 up 2.4 and % down from $ 2.9 190,500 % from last $
206,326240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||
month last month . The . Average May 2017 Sales ASP Price was in at May the was highest $ 200,431 level , compared up 10.9 % to from $ 180,654 in May of 2016 and down 2.9 % from $ 206,326
220
May of 2016 and 2015 . last month . May 2017 ASP was at the highest level compared to
200
|
200
180
|
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May of 2016 and 2015 . |
180 |
160 |
120 |
100 |
|||
100 |
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
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A S O N D
J
F M
16 A M J
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A S O N D
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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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,309 Inventory , down 4.9 of % Properties from 1,376 available last month for sale and as down of May 14.3 %
2,500 was from 1,309 1,528 , down in May 4.9 % of from last 1,376 year . last May month 2017 and Inventory down 14.3 was % at its
2,500
9.0
2,000 from lowest 1,528 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its
8.0
2,000 lowest level compared with May of 2016 and 2015 .
7.0
1,500
6.0
1,500
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while
4.0
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The May 2017 MSI of 3.0
500 higher MSI is better for buyers . The May 2017 MSI of 3.0
500
2.0 months was at its lowest level compared with May of 2016 and months was at its lowest level compared with May of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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J A S O N D J
F M A M J
J A S O N D J
F M A M J
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F M A M
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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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