Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 319,500 |
1 % |
10 % |
|||||
Average List Price of all Current Listings |
$ 378,828 |
5 % |
19 % |
|||||
May Median Sales Price |
$ 265,000 |
3 % |
6 % |
6 % |
10 % |
$ 250,750 |
10 % |
4 % |
May Average Sales Price |
$ 285,660 |
6 % |
5 % |
11 % |
11 % |
$ 272,973 |
15 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
99 -14% |
-36% |
||||||
May Number of Properties Sold |
87 |
43 % |
30 % |
300 |
12 % |
|||
May Average Days on Market ( Solds ) |
34 -28% -19% -3% |
-31% |
44 |
-8% |
-10% |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 141 |
2 % |
-1% |
4 % |
6 % |
$ 142 |
8 % |
7 % |
May Sold Price per Square Foot |
$ 139 |
2 % |
2 % |
8 % |
10 % |
$ 135 |
11 % |
6 % |
May Month ' s Supply of Inventory |
1.1 -40% -31% -51% -53% |
2.1 |
-25% |
-16% |
||||
May Sale Price vs List Price Ratio |
98.5 %
1.5 % 1.0 % 1.5 % 2.8 %
|
97.0 % |
2 % |
1 % |
Property Sales |
100 |
|
May Property sales were 87 , up 29.9 % from 67 in May of 2016 and 42.6 % higher than the 61 sales last month . May 2017 sales |
90 |
|
Property were at their Sales highest level compared to May of 2016 and 2015 .
100
|
80 |
|
May
May Property YTD sales sales of were 300 are 87 , up running 29.9 % 12.4 from % 67 ahead in May of last of 2016 year ' s and year-to-date 42.6 % higher sales than of 267 the . 61 sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
|
90
80
|
70
60
|
May YTD sales of 300 are running 12.4 % ahead of last year ' s |
70 |
50 |
year-to-date sales of 267 . |
60 |
40 |
40 |
20 |
||||||||||||||||
30 |
10 |
||||||||||||||||
20 |
0 |
||||||||||||||||
10 |
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 |
||||
0 |
14 |
15 |
16 |
17 |
|||||||||||||
Prices
The Median Sales Price in May was $ 265,000 , up 6.0 % from
|
J
14
|
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
J
F M A M
15
16
17
|
3 Mo Avg |
|||||||||||||
Prices
$ 250,000 in May of 2016 and up 2.7 % from $ 258,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 265,000 May was , up $ 285,660 6.0 % from , up
$
10.8 250,000 % from in May $ 257,722 of 2016 in and May up of 2.7 2016 % from and $ up 258,000 6.3 % from last
|
290 |
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||
month
$ 268,606 . The last Average month Sales . May Price 2017 in May ASP was $ at 285,660 the highest , up level
10.8 % from $ 257,722 in May of 2016 and up 6.3 % from
270 compared to May of 2016 and 2015 .
$ 268,606 last month . May 2017 ASP was at the highest level
250
|
250
230
|
||||||||||||||||
compared to May of 2016 and 2015 . |
230 |
210 |
170 |
150 |
||||
150 |
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
|
|||
14 |
15 |
16 |
17 |
||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 99 , down Inventory 13.9 % of from Properties 115 last available month for and sale down as of 36.1 May % from was 15599 in , down May of 13.9 last % year from . 115 May last 2017 month Inventory and down was 36.1 at its % from lowest
250
155 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest
200 level compared with May of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 1.1 a higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 1.1 of 2016 and
50 months
2015 . was at its lowest level compared with May of 2016 and
2015 .
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
4.5
200
4.0
3.5
150
3.0
2.5
100
2.0
1.5
50
1.0
0.5
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
|
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
|