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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 |
$ 261,662 |
1 % |
12 % |
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Average List Price of all Current Listings |
$ 347,928 |
2 % |
18 % |
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May Median Sales Price |
$ 215,000 |
0 % |
0 % |
8 % |
8 % |
$ 215,000 |
11 % |
8 % |
May Average Sales Price |
$ 248,827 |
4 % |
1 % |
12 % |
13 % |
$ 241,835 |
12 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
1,390 |
0 % |
-25% |
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May Number of Properties Sold |
431 |
7 % |
1 % |
1,803 |
4 % |
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May Average Days on Market ( Solds ) |
83 |
9 % |
-5% -28% -15% |
87 |
-23% |
-11% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 129 |
2 % |
1 % |
10 % |
9 % |
$ 127 |
10 % |
8 % |
May Sold Price per Square Foot |
$ 120 |
2 % |
1 % |
12 % |
11 % |
$ 118 |
11 % |
9 % |
May Month ' s Supply of Inventory |
3.2 |
-7% |
-4% -26% -32% |
4.2 |
-28% |
-11% |
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May Sale Price vs List Price Ratio |
97.5 % |
-. 1 % |
. 6 % |
1.1 % 1.1 % |
96.9 % |
1 % |
0 % |
Property Sales |
600 |
|
May Property sales were 431 , up 0.7 % from 428 in May of 2016 | ||
and 7.5 % higher than the 401 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 1,803431 are , up running 0.7 % from 4.0 % 428 ahead in May of last of 2016 year ' s and year-to-date 7.5 % higher sales than of the 1,733 401 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
|
400 |
|
May YTD sales of 1,803 are running 4.0 % ahead of last year ' s year-to-date sales of 1,733 . |
400 |
300 |
300 |
200 |
100 |
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 $ 215,000 , up 7.5 % 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 |
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Prices
$ 200,000 in May of 2016 and equal to $ 215,000 last month .
The Median Average Sales Sales Price Price in May in May was was $ 215,000 $ 248,827 , up , 7.5 up % 12.2 from % from
$
$ 200,000 221,682 in in May of of 2016 and equal up 3.8 to % $ 215,000 from $ 239,686 last month last .
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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The month Average . May Sales 2017 Price ASP in was May at was the $ highest 248,827 level , up 12.2 compared % from to May
$ 221,682 in May of 2016 and up 3.8 % from $ 239,686 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
|
250
230
|
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of 2016 and 2015 . |
230 |
210 |
170 |
150 |
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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
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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 1,390 Inventory , up 0.1 % of from Properties 1,388 available last month for and sale down as of 25.0 May % from
2,500 was
1,854 1,390 in , May up 0.1 of % last from year 1,388 . May last 2017 month Inventory and down was 25.0 at % its from lowest
2,500
2,000
1,854 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its lowest
2,000 level compared with May of 2016 and 2015 .
1,500
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0
10.0
8.0
|
12.0
10.0
8.0
6.0
|
||||
1,000
6.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The May 2017 MSI of 3.2
500 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.2 of 2016 and
500
2.0 months
2015 . was at its lowest level compared with May of 2016 and
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
|
4.0
2.0
0.0
|