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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 |
$ 440,000 |
-2% |
-1% |
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Average List Price of all Current Listings |
$ 649,915 |
-2% |
-4% |
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October Median Sales Price |
$ 325,000 |
13 % |
12 % |
7 % |
7 % |
$ 300,000 |
-4% |
-2% |
October Average Sales Price |
$ 377,051 |
1 % |
0 % |
-9% |
-13% |
$ 398,242 |
-12% |
-9% |
Total Properties Currently for Sale ( Inventory ) |
1,609 |
3 % |
3 % |
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October Number of Properties Sold |
47 -23% |
-34% |
777 |
-3% |
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October Average Days on Market ( Solds ) |
161 |
12 % |
13 % |
13 % |
30 % |
142 |
15 % |
15 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 311 |
1 % |
-2% |
2 % |
-3% |
$ 310 |
-4% |
-3% |
October Sold Price per Square Foot |
$ 261 |
7 % |
3 % |
7 % |
1 % |
$ 251 |
-5% |
-3% |
October Month ' s Supply of Inventory |
34.2 |
34 % |
31 % |
56 % |
73 % |
22.2 |
16 % |
12 % |
October Sale Price vs List Price Ratio |
89.3 %
1.5 %
|
. 6 % |
. 4 % |
. 1 % |
88.5 % |
-1% |
-1% |
Property Sales |
140 |
|
October Property sales were 47 , down 33.8 % from 71 in October | ||
of 2016 and 23.0 % lower than the 61 sales last month . October |
120 |
|
Property
2017 sales Sales were at their lowest level compared to October of
|
140 |
|
October
2016 and Property 2015 . sales October were YTD 47 , down sales 33.8 of 777 % from are running 71 October 3.5 %
|
100 |
|
of behind 2016 and last 23.0 year %' s lower year-to-date than the sales 61 sales of 805 last . month . October
2017 sales were at their lowest level compared to October of
|
120 |
80 |
2016 and 2015 . October YTD sales of 777 are running 3.5 % |
100 |
|
behind last year ' s year-to-date sales of 805 . |
60 |
|
80 |
||
40 |
||
60 |
||
40 |
20 |
20 |
0 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in October was $ 325,000 , up 6.6 % from
Prices
$ 305,000 in October of 2016 and up 13.0 % from $ 287,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 325,000 was , up $ 377,051 6.6 % from , down
600
$
9.5 305,000 % from in $ October 416,459 of in 2016 October and up of 2016 13.0 % and from up $ 287,500 1.0 % from last month
$ 373,433 . The last Average month Sales . October Price in 2017 October ASP was $ at 377,051 the lowest , down level
550
|
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
14
15
16
17
600
Median Sales Price and Average Sales Price
550
500
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
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9.5 compared % from $ to 416,459 October in October of 2016 of and 2016 2015 and . up 1.0 % from
$ 373,433 last month . October 2017 ASP was at the lowest level
|
500 |
450 |
||||||||||||||||
compared to October of 2016 and 2015 . |
450 |
400 |
300 |
250 |
|||||||
250 |
N |
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
D
14
J
F
15 M 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 J
J
A S O
|
A S O |
|||||
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
The
October Total Inventory was 1,609 of , up Properties 3.0 % from available 1,562 last for sale month as of and up 3.1 %
1,800
October from 1,561 was in 1,609 October , up 3.0 of % last from year 1,562 . October last month 2017 and Inventory up 3.1 % was
1,8001,600 from at its 1,561 highest in October level compared of last year with . October 2017 of Inventory 2016 and was 2015 .
1,6001,400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
40.0
35.0
|
||||||
at its highest level compared with October of 2016 and 2015 . |
1,4001,200 |
30.0 |
||||||
1,2001,000
25.0
1,000
800
20.0
A comparatively lower MSI is more beneficial for sellers while a
800
600
15.0
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The October 2017 MSI of 34.2
400 higher MSI is better for buyers . The October 2017 MSI of 34.2
400
10.0 months was at its highest level compared with October of 2016
200 months was at its highest level compared with October of 2016
200
5.0 and 2015 .
0 and 2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
|