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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 |
$ 280,000 |
-1% |
2 % |
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Average List Price of all Current Listings |
$ 371,543 |
-0% |
1 % |
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May Median Sales Price |
$ 219,900 |
-3% |
0 % |
9 % |
7 % |
$ 219,900 |
11 % |
7 % |
May Average Sales Price |
$ 260,114 |
-5% |
-3% |
10 % |
5 % |
$ 266,738 |
10 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
2,325 |
2 % |
7 % |
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May Number of Properties Sold |
525 |
4 % |
-4% |
2,319 |
2 % |
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May Average Days on Market ( Solds ) |
78 |
5 % |
-1% |
11 % |
11 % |
79 |
18 % |
13 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 162 |
1 % |
2 % |
9 % |
5 % |
$ 159 |
5 % |
3 % |
May Sold Price per Square Foot |
$ 144 |
-2% |
-1% |
9 % |
6 % |
$ 145 |
8 % |
7 % |
May Month ' s Supply of Inventory |
4.4 |
-2% |
2 % |
12 % |
-9% |
5.3 |
-0% |
9 % |
May Sale Price vs List Price Ratio |
94.1 % |
-. 2 % -. 3 % -. 5 % |
-. 9 % |
94.5 % |
-0% |
-0% |
Property Sales |
700 |
|
May Property sales were 525 , down 4.2 % from 548 in May of | ||
2016 and 4.2 % higher than the 504 sales last month . May 2017 |
600 |
|
Property sales were Sales at a mid level compared to May of 2016 and 2015 .
700
| ||
May
May Property YTD sales sales of were 2,319525 are , down running 4.2 % 2.3 from % ahead 548 in of May last of year ' s
|
500 |
|
2016 year-to-date and 4.2 % sales higher of than 2,267 the . 504 sales last month . May 2017 sales were at a mid level compared to May of 2016 and 2015 . |
600 |
400 |
May YTD sales of 2,319 are running 2.3 % ahead of last year ' s |
500 |
|
year-to-date sales of 2,267 . |
300 |
|
400 |
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200 |
||
300 |
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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 $ 219,900 , up 9.3 % 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
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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
$ 201,118 in May of 2016 and down 2.7 % from $ 225,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 219,900 May was , up $ 260,114 9.3 % from , up 10.4 %
$ from 201,118 $ 235,619 in May of in 2016 May of and 2016 down and 2.7 down % from 5.5 $ % 225,900 from $ last 275,169
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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month last month . The . Average May 2017 Sales ASP Price was in at May the was highest $ 260,114 level , up compared 10.4 % to from $ 235,619 in May of 2016 and down 5.5 % from $ 275,169
270
May of 2016 and 2015 . last month . May 2017 ASP was at the highest level compared to
250
|
250
230
|
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May of 2016 and 2015 . |
230 |
210 |
170 |
150 |
|||||
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
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F M A M
J
14
A S O N D
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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 2,325 Inventory , up 2.1 % of from Properties 2,277 last available month for and sale up as 7.3 of % May from
3,000 was
2,167 2,325 in , May up 2.1 of % last from year 2,277 . May last 2017 month Inventory and up 7.3 was % at from its highest
3,000
2,500
2,167 level in compared May of last with year May . May of 2017 2016 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 4.4 higher MSI is better for buyers . The May 2017 MSI of 4.4
500
2.0 months was at its highest level compared with May of 2016 and
500 months was at its highest 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
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