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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 |
$ 235,000 |
7 % |
24 % |
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Average List Price of all Current Listings |
$ 336,831 |
5 % |
19 % |
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May Median Sales Price |
$ 169,900 |
6 % |
6 % |
17 % |
11 % |
$ 159,000 |
8 % |
4 % |
May Average Sales Price |
$ 223,727 |
10 % |
10 % |
27 % |
18 % |
$ 203,554 |
11 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
1,604 |
-1% |
-17% |
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May Number of Properties Sold |
497 |
17 % |
3 % |
2,039 |
2 % |
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May Average Days on Market ( Solds ) |
80 |
1 % |
-6% |
-1% |
-12% |
87 |
-9% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 133 |
7 % |
5 % |
16 % |
14 % |
$ 127 |
8 % |
9 % |
May Sold Price per Square Foot |
$ 122 |
5 % |
6 % |
27 % |
18 % |
$ 114 |
15 % |
11 % |
May Month ' s Supply of Inventory |
3.2 -16% -10% -19% -30% |
4.1 |
-18% |
-10% |
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May Sale Price vs List Price Ratio |
95.9 %
1.3 % 1.0 % 1.4 % 1.9 %
|
94.7 % |
1 % |
1 % |
Property Sales |
600 |
|
May Property sales were 497 , up 3.1 % from 482 in May of 2016 | ||
and 16.9 % higher than the 425 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 2,039497 are , up running 3.1 % from 2.4 % 482 ahead in May of last of 2016 year ' s and year-to-date 16.9 % higher sales than of the 1,992 425 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
|
400 |
|
May YTD sales of 2,039 are running 2.4 % ahead of last year ' s year-to-date sales of 1,992 . |
400 |
300 |
300 |
200 |
100 |
0 |
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F M A M J |
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A S O N D |
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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 $ 169,900 , up 17.0 % 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
$ 145,248 in May of 2016 and up 5.6 % from $ 160,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 169,900 May was , up $ 223,727 17.0 % from , up 27.3 %
$ from 145,248 $ 175,785 in May in of May 2016 of and 2016 up 5.6 and % up from 10.4 $ % 160,900 from $ last 202,731 last
240
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240
220
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Median Sales Price and Average Sales Price |
3 Mo Avg |
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month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 223,727 compared , up 27.3 to % May from $ 175,785 in May of 2016 and up 10.4 % from $ 202,731 last
220 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
200
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200
180
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of 2016 and 2015 . |
180 |
160 |
120 |
100 |
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100 |
J |
J
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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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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 1,604 Inventory , down 1.3 of % Properties from 1,625 available last month for sale and as down of May 16.6 %
3,000 was from 1,604 1,923 , down in May 1.3 % of from last 1,625 year . last May month 2017 and Inventory down 16.6 was % at its
3,000
2,500 from lowest 1,923 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 3.2 higher MSI is better for buyers . The May 2017 MSI of 3.2
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
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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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