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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 |
$ 270,000 |
-3% |
4 % |
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Average List Price of all Current Listings |
$ 329,542 |
0 % |
2 % |
|||||
October Median Sales Price |
$ 250,500 |
7 % |
2 % |
10 % |
9 % |
$ 240,000 |
4 % |
4 % |
October Average Sales Price |
$ 279,010 |
6 % |
3 % |
14 % |
10 % |
$ 268,199 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
1,329 |
2 % |
-17% |
|||||
October Number of Properties Sold |
250 |
7 % |
-17% |
3,104 |
-1% |
|||
October Average Days on Market ( Solds ) |
95 |
13 % |
12 % |
12 % |
16 % |
87 |
6 % |
6 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 168 |
6 % |
2 % |
10 % |
8 % |
$ 160 |
3 % |
3 % |
October Sold Price per Square Foot |
$ 150 |
1 % |
1 % |
7 % |
7 % |
$ 148 |
6 % |
6 % |
October Month ' s Supply of Inventory |
5.3 |
-4% |
7 % |
0 % |
-6% |
5.2 |
-5% |
-8% |
October Sale Price vs List Price Ratio |
92.8 % |
-. 7 % -. 4 % -. 4 % |
-. 5 % |
92.9 % |
-0% |
-0% |
||
Property Sales |
450 |
|
|
October Property sales were 250 , down 16.9 % from 301 in
October of 2016 and 6.8 % higher than the 234 sales last month .
|
400 |
|
|
Property
October 2017 Sales sales were at their lowest level compared to
|
450 |
350 |
|
October Property of 2016 sales and 2015 were . 250 October , down YTD 16.9 % sales from of 301 3,104 in are
October running of 1.3 2016 % behind and 6.8 last % higher year ' s than year-to-date the 234 sales sales last of month 3,146 ..
|
400 |
300 |
October 2017 sales were at their lowest level compared to |
350 |
250 |
October of 2016 and 2015 . October YTD sales of 3,104 are running 1.3 % behind last year ' s year-to-date sales of 3,146 . |
300 |
200 |
250 |
150 |
|
200 |
100 |
|
150 |
50 |
|
100 |
0 |
|
50 |
||
0 |
||
Prices | ||
The Median Sales Price in October was $ 250,500 , up 10.1 % | ||
Prices from $ 227,450 in October of 2016 and up 7.1 % from $ 234,000 |
290 |
|
|
The last Median month Sales . The Price Average in October Sales Price was $ in 250,500 October , up was 10.1 $ % 279,010 , from up 14.2 $ 227,450 % from in $ October 244,341 of in 2016 October and of up 2016 7.1 % from and up $ 234,000 5.7 % from
290
|
270 |
|
|
last
$ 263,953 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 279,010 highest , level up 14.2 % from $ 244,341 in October of 2016 and up 5.7 % from
270 compared to October of 2016 and 2015 .
$ 263,953 last month . October 2017 ASP was at the highest level
250
|
250
230
|
|
compared to October of 2016 and 2015 . |
230 |
210 |
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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14 |
15 |
16 |
17 |
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|
J
F M A M J
15
|
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
16
17
|
J |
A S O |
3 Mo Avg |
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Median Sales Price and Average Sales Price | ||||||||||||||||||
170 |
150 |
||||||
150 |
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 1,329 of , up Properties 2.2 % from available 1,301 last for sale month as of and down
2,000
October
16.9 % from was 1,329 1,599 , up in 2.2 October % from of 1,301 last year last . month October and 2017 down
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
9.0 |
|||||
|
16.9
Inventory % from 1,599 was at in its October lowest of level last compared year . October with 2017 October of 2016
|
1,500 |
8.0 |
|||||
|
Inventory and 2015 was . at its lowest level compared with October of 2016
1,500
7.0 and 2015 .
6.0
1,000
5.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
4.0
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The October 2017 MSI of 5.3
500 higher MSI is better for buyers . The October 2017 MSI of 5.3
500
2.0 months was at its highest level compared with October of 2016 months was at its highest level compared with October of 2016
1.0 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
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