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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 |
$ 237,300 |
1 % |
19 % |
|||||
Average List Price of all Current Listings |
$ 279,321 |
2 % |
17 % |
|||||
October Median Sales Price |
$ 184,750 |
-5% |
-4% |
12 % |
14 % |
$ 183,000 |
14 % |
13 % |
October Average Sales Price |
$ 206,498 |
-1% |
0 % |
12 % |
15 % |
$ 197,804 |
12 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
2,274 |
-6% |
-13% |
|||||
October Number of Properties Sold |
844 |
5 % |
7 % |
9,465 |
3 % |
|||
October Average Days on Market ( Solds ) |
51 |
-6% |
4 % |
-7% |
-19% |
55 |
-14% |
-13% |
Asking Price per Square Foot ( based on New Listings ) |
$ 117 |
3 % |
0 % |
13 % |
14 % |
$ 113 |
12 % |
10 % |
October Sold Price per Square Foot |
$ 108 |
-2% |
0 % |
11 % |
14 % |
$ 105 |
13 % |
12 % |
October Month ' s Supply of Inventory |
2.7 -11% -1% -19% -11% |
2.7 |
-10% |
-11% |
||||
October Sale Price vs List Price Ratio |
95.1 % |
-. 9 % -. 5 % -. 6 % |
. 4 % |
95.3 % |
1 % |
1 % |
Property Sales |
1,400 |
|
October Property sales were 844 , up 6.6 % from 792 in October | ||
of 2016 and 5.5 % higher than the 800 sales last month . October
1,200
Property
2017 sales Sales were at a mid level compared to October of 2016 and
1,400
| ||
October
2015 . October Property YTD sales sales were of 844 9,465 , up 6.6 are % running from 792 2.6 in % October ahead of
1,000 of last 2016 year and
' s year-to-date 5.5 % higher than sales the of 800 9,227 sales . last month . October
1,200
2017 sales were at a mid level compared to October of 2016 and
800
| ||
2015 . October YTD sales of 9,465 are running 2.6 % ahead of |
1,000 |
|
last year ' s year-to-date sales of 9,227 . |
800 |
600 |
600 |
400 |
|
400 |
200 |
200 |
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 |
|||||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in October was $ 184,750 , up 12.0 %
|
N
D
J
F M A M J
14
15
|
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
16
17
|
J |
A S O |
3 Mo Avg |
|||||||||||||||
Prices from $ 165,000 in October of 2016 and down 5.3 % from
240
The
$ 195,000 Median last Sales month Price . in The October Average was Sales $ 184,750 Price , up in 12.0 October % was from
$ 206,498 $ 165,000 , up in 12.5 October % from of $ 2016 183,566 and in down October 5.3 % of from 2016 and
240
220
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||||||
$ down 195,000 0.9 last % from month $ 208,402 . The Average last month Sales Price . October in October 2017 ASP was was
$ 206,498 , up 12.5 % from $ 183,566 in October of 2016 and
220
200 at the highest level compared to October of 2016 and 2015 . down 0.9 % from $ 208,402 last month . October 2017 ASP was
200
180
|
||||||||||||||||||||
at the highest level compared to October of 2016 and 2015 . |
180
160
|
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 |
14 |
15 |
16 |
17 |
||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
October Total Inventory was 2,274 of , down Properties 5.9 % available from 2,417 for last sale month as of and down
4,500
October
13.5 % from was 2,274 2,628 , down in October 5.9 % from of last 2,417 year last . October month and 2017 down
4,5004,000
7.0
13.5
Inventory % from 2,628 was at in its October lowest of level last compared year . October with 2017 October of 2016
4,0003,500
6.0
Inventory was at its lowest level compared with October of 2016
3,500 and 2015 .
3,000
5.0 and 2015 .
3,0002,500
2,500
4.0
2,000
2,000
A comparatively lower MSI is more beneficial for sellers while a
1,500
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,500 higher MSI is better for buyers . The October 2017 MSI of 2.7
1,000
2.0 higher MSI is better for buyers . The October 2017 MSI of 2.7
1,000 months was at its lowest level compared with October of 2016
500 months was at its lowest level compared with October of 2016
500
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
14
15
15
16
16
17
17
|
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 |
14 |
15 |
16 |
17 |