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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 |
$ 615,000 |
7 % |
10 % |
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Average List Price of all Current Listings |
$ 806,648 |
3 % |
5 % |
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May Median Sales Price |
$ 350,000 |
-6% |
-1% |
-3% |
-1% |
$ 362,500 |
10 % |
2 % |
May Average Sales Price |
$ 537,264 |
10 % |
11 % |
13 % |
11 % |
$ 499,801 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
643 |
-4% |
-23% |
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May Number of Properties Sold |
114 |
24 % |
21 % |
458 |
23 % |
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May Average Days on Market ( Solds ) |
164 |
50 % |
18 % |
12 % |
17 % |
137 |
-7% |
-2% |
Asking Price per Square Foot ( based on New Listings ) |
$ 296 |
5 % |
1 % |
6 % |
7 % |
$ 289 |
4 % |
5 % |
May Sold Price per Square Foot |
$ 268 |
6 % |
3 % |
9 % |
8 % |
$ 264 |
9 % |
6 % |
May Month ' s Supply of Inventory |
5.6 -22% -13% -36% -47% |
7.5 |
-40% |
-30% |
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May Sale Price vs List Price Ratio |
92.5 % -2.6% -1.2% -1.4% -. 4 % |
93.5 % |
1 % |
1 % |
Property Sales |
120 |
|
May Property sales were 114 , up 21.3 % from 94 in May of 2016 | ||
and 23.9 % higher than the 92 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
120
|
100 |
|
May
May Property YTD sales sales of were 458 are 114 , running up 21.3 % 23.5 from % 94 ahead in May of last of 2016 year ' s and year-to-date 23.9 % higher sales than of 371 the . 92 sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
|
100 |
80 |
May YTD sales of 458 are running 23.5 % ahead of last year ' s year-to-date sales of 371 . |
80 |
60 |
60 |
40 |
20 |
0 |
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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 $ 350,000 , down 3.4 % from
Prices
$ 362,500 in May of 2016 and down 6.2 % from $ 373,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 350,000 May was , down $ 537,264 3.4 %, from up 12.8 %
600
$ from 362,500 $ 476,197 in May in of May 2016 of and 2016 down and 6.2 up % 10.0 from % $ from 373,000 $ 488,481 last last month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 537,264 compared , up 12.8 to % May
550
|
J
J
14
600
550
500
|
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 |
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from of 2016 $ 476,197 and 2015 in May . of 2016 and up 10.0 % from $ 488,481 last month . May 2017 ASP was at the highest level compared to May |
500 |
450 |
||||||||||||||
of 2016 and 2015 . |
450 |
400 |
300 |
250 |
||||||||
250 |
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 643 , Inventory down 3.7 of % Properties from 668 last available month for and sale down as of 22.7 May % from
1,200 was 832643 in , May down of 3.7 last % from year . 668 May last 2017 month Inventory and down was 22.7 at its % from lowest
1,200
1,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0 |
20.0 |
||||||
832 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest level compared with May of 2016 and 2015 . |
1,000 |
800 |
15.0 |
15.0 |
|||||
800 |
600 |
10.0 |
|||||||
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The May 2017 MSI of 5.6 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 5.6 of 2016 and
200 months
2015 . was at its lowest level compared with May of 2016 and
2015 .
0
|
10.0
400
200
5.0
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
|
5.0
0.0
|