Trending versus *: |
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 |
$ 949,500 |
-1% |
29 % |
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Average List Price of all Current Listings |
$ 1,738,007 |
1 % |
36 % |
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May Median Sales Price |
$ 597,500 |
-9% |
7 % |
4 % |
4 % |
$ 575,000 |
0 % |
0 % |
May Average Sales Price |
$ 714,392 |
-19% -1% |
-2% |
-4% |
$ 734,457 |
-5% |
-1% |
|
Total Properties Currently for Sale ( Inventory ) |
350 |
-5% |
-2% |
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May Number of Properties Sold |
54 |
13 % |
-5% |
219 |
8 % |
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May Average Days on Market ( Solds ) |
136 |
11 % |
11 % |
12 % |
14 % |
118 |
5 % |
-1% |
Asking Price per Square Foot ( based on New Listings ) |
$ 463 |
-15% -7% |
-2% |
-7% |
$ 523 |
10 % |
5 % |
|
May Sold Price per Square Foot |
$ 406 |
-8% |
-2% |
-6% |
-6% |
$ 420 |
-1% |
-3% |
May Month ' s Supply of Inventory |
6.5 -15% -13% |
3 % |
-35% |
9.1 |
-3% |
-9% |
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May Sale Price vs List Price Ratio |
91.5 % |
. 0 % |
. 2 % -1.7% -. 8 % |
91.5 % |
-1% |
-1% |
Number of Properties Sold |
3 Mo Avg |
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Property Sales |
70 |
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May Property sales were 54 , down 5.3 % from 57 in May of 2016 and 12.5 % higher than the 48 sales last month . May 2017 sales |
60 |
Number of Properties Sold |
3 Mo Avg |
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Property were at their Sales lowest level compared to May of 2016 and 2015 .
70
|
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May
May Property YTD sales sales of were 219 are 54 , running down 5.37.9 % from % ahead 57 in of May last of year 2016 ' s yearto-date
|
50 |
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12.5 % sales higher of 203 than . the 48 sales last month . May 2017 sales and were at their lowest level compared to May of 2016 and 2015 . May YTD sales of 219 are running 7.9 % ahead of last year ' s yearto-date sales of 203 . |
60
50
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40
30
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40 |
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30 |
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20 |
10 |
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10 |
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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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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in May was $ 597,500 , up 3.9 % from
1,200
Prices
$ 575,000 in May of 2016 and down 9.3 % from $ 659,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 597,500 May was , up $ 714,392 3.9 % from , down
1,100
1,200
$
2.4 575,000 % from in May $ 731,953 of 2016 in May and down of 2016 9.3 and % from down $ 659,000 19.3 % from last
1,000 month
$ 884,969 . The last Average month Sales . May Price 2017 in May ASP was $ at 714,392 a mid , range down
1,100
2.4 compared % from $ to 731,953 May of in 2016 May of and 2016 2015 and . down 19.3 % from
900
1,000
|
3 Mo Avg |
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$ 884,969 last month . May 2017 ASP was at a mid range compared to May of 2016 and 2015 . |
900
800
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800
700
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700 |
600 |
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600 |
500 |
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500 |
400 |
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400 |
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 350 , Inventory down 4.9 of % Properties from 368 last available month for and sale down as of 2.0 May % from was 357350 in , May down of 4.9 last % year from . 368 May last 2017 month Inventory and down was 2.0 at a % mid from level
450
357 compared in May of with last May year . of May 2016 2017 and Inventory 2015 . was at a mid level
400
|
450
400
350
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0 |
20.0
15.0
|
||||||||||||||||
compared with May of 2016 and 2015 . |
350 |
300 |
15.0 |
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300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The May 2017 MSI of 6.5 higher MSI is better for buyers . The May 2017 MSI of 6.5
100 months was at its highest level compared with May of 2016 and months was at its highest level compared with May of 2016 and
50
2015 .
2015 .
0
|
250
200
10.0
150
100
5.0
50
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
|
10.0
5.0
0.0
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