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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 |
$ 265,000 |
0 % |
6 % |
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Average List Price of all Current Listings |
$ 343,344 |
1 % |
4 % |
|||||
May Median Sales Price |
$ 207,000 |
9 % |
6 % |
13 % |
12 % |
$ 194,000 |
8 % |
5 % |
May Average Sales Price |
$ 235,709 |
2 % |
1 % |
8 % |
10 % |
$ 230,498 |
8 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
2,015 |
-8% |
2 % |
|||||
May Number of Properties Sold |
558 |
15 % |
10 % |
2,308 |
7 % |
|||
May Average Days on Market ( Solds ) |
78 |
1 % |
-1% |
-4% |
4 % |
77 |
5 % |
3 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 142 |
-2% |
-2% |
5 % |
1 % |
$ 147 |
7 % |
5 % |
May Sold Price per Square Foot |
$ 133 |
1 % |
0 % |
9 % |
9 % |
$ 132 |
8 % |
7 % |
May Month ' s Supply of Inventory |
3.6 -20% -13% -7% |
-25% |
5.1 |
0 % |
6 % |
|||
May Sale Price vs List Price Ratio |
93.7 % |
-. 2 % -. 1 % -. 5 % |
-. 4 % |
93.9 % |
-0% |
-0% |
Property Sales |
700 |
||
May Property sales were 558 , up 9.8 % from 508 in May of 2016 | |||
and 15.3 % higher than the 484 sales last month . May 2017 sales |
600 |
||
Property were at their Sales highest level compared to May of 2016 and 2015 .
700
| |||
May
May Property YTD sales sales of were 2,308558 are , up running 9.8 % from 6.6 % 508 ahead in May of last of 2016 year ' s
|
500 |
||
and year-to-date 15.3 % higher sales than of the 2,165 484 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . |
600 |
400 |
|
May YTD sales of 2,308 are running 6.6 % ahead of last year ' s |
500 |
||
year-to-date sales of 2,165 . |
300 |
||
400 |
|||
200 |
|||
300 |
|||
200 |
100 |
100 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in May was $ 207,000 , up 12.5 % 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
$ 183,938 in May of 2016 and up 8.9 % from $ 190,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 207,000 May was , up $ 235,709 12.5 % from , up 7.9 %
$ from 183,938 $ 218,492 in May of in 2016 May of and 2016 up 8.9 and % up from 1.7 $ % 190,000 from $ 231,851 last last
240
|
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 235,709 compared , up 7.9 % to May from $ 218,492 in May of 2016 and up 1.7 % from $ 231,851 last
220 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
200
|
200
180
|
|||||||||||||||||
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
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 |
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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 2,015 Inventory , down 8.1 of % Properties from 2,192 available last month for sale and as up of 1.8 May % from
3,000 was
1,980 2,015 in , May down of 8.1 last % from year . 2,192 May last 2017 month Inventory and up was 1.8 at % its from highest
3,000
2,500
1,980 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest
2,500 level compared with May of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
|
||||
2,000
1,500
|
5.0 |
|||||
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The May 2017 MSI of 3.6 higher MSI is better for buyers . The May 2017 MSI of 3.6
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
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
|