Market Action Report
Title
Phone
Agent
Name
Website
Title Other
October 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$449,000
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
LM
Trending versus*:
L3M PYM
LY
-9%
-5%
$804,270 Trending
-3% versus*: 9%
Month
LM -15%
L3M -7%
PYM 16%
LY
$300,000
$449,000
-9% -18% -18%
-5% -14%
$328,663
$804,270 138
-3% 5%
9% 1%
$300,000 -15% -7% 16% -13%
27 -25%
29%
$328,663 -18% -18% -14% -23%
69 -12% -10% -34%
138 5%
1%
$365 -12% -6% -6%
27 -25%
29%
$379 29% 10% 27%
69 -12% -10% -34% -17%
5.1 40%
$365 -12%
-6% 14%
-6% -22%
6%
93.2%
-1.2%
-.3%
$379 29% 10% 27% -.1%
25%
Average List Price of all Current Listings
Market
Trends
Overview
October Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
October
Average
Price Listings
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
October Median Sales Price
October Number of Properties Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
October Sold
Sale Price
Price
vs Square
List Price
October
per
Foot Ratio
Trending versus*:
$350,000
$460,690
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
14
27
36
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
Total Inventory & Month's Supply of Inventory (MSI)
50
0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
100
Total Inventory & Month's Supply of Inventory (MSI)
A comparatively lower MSI is more beneficial for sellers while a
3 Mo Avg
17 M J J A S O
N 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
14
15
16
17
150
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers MSI
while
MSI is better
for buyers.
October
of a 5.1 50
higher MSI is better for buyers. The October 2017 MSI of 5.1
months was at its lowest level compared with October of 2016
months was at its lowest level compared with October of 2016
and 2015.
0
and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
Inventory & MSI
100
Median Sales
Price and Average 17
Sales Price
16
15
700
650
600
550
500
450
400
350
300
250
200
The Total Inventory
Inventory
& MSI of Properties available for sale as of
200
The
Total Inventory
of Properties
for sale and
as of up 0.7%
October
was 138, up
5.3% from available
131 last month
200
October
was
up 5.3%
from
131 last
month 2017
and Inventory
up 0.7% was at
from 137
in 138,
October
of last
year.
October
from
137 in October
of last year.
2017
Inventory
was at
its highest
level compared
with October
October
of 2016
and 2015.
150
its highest level compared with October of 2016 and 2015.
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
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
550
500
450
400
350
300
250
200
0
10 10
down 18.3% from $402,467 last month. October 2017 ASP was
at the lowest level compared to October of 2016 and 2015.
30
20
Prices
3 Mo Avg
40
20
The Median Sales Price in October was $300,000, up 15.6%
Prices
from $259,500 in October of 2016 and down 15.2% from
The
Median last
Sales
Price in The
October
was Sales
$300,000,
15.6% was
$353,700
month.
Average
Price up
in October
700
from
$259,500
in October
of 2016
and down
15.2% from
$328,663,
down
14.5% from
$384,305
in October
of 2016 and 650
$353,700
last month.
The Average
Sales Price
in October
down 18.3%
from $402,467
last month.
October
2017 was
ASP was
600
$328,663,
down
14.5%
from $384,305
in October
2016
and
at the lowest
level
compared
to October
of 2016 of and
2015.
3 Mo Avg
Number of Properties Sold
50
30
0
-10%
9%
12%
-6%
-0%
60
40
2%
7%
7%
-5%
11%
12%
-10%
-3% 9%
-1% 12%
5.1 40% 14% -22% 0%
4.8
-3%
-6%
of 93.2%
Properties
93.2% -1.2% -.3% -.1% Number
-.5%
-1% Sold -0%
October Sale Price vs List Price Ratio
2017 sales were at their highest level compared to October of
2016 and 2015. October YTD sales of 337 are running 6.6%
ahead of last year's year-to-date sales of 316.
4%
337
9%
-17%
75
6%
$375
337
7%
25%
$339
75
-5%
0% $375
4.8
11%
-.5% $339 93.2%
12%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
October Property sales were 27, up 28.6% from 21 in October of
2016 and 25.0% lower than the 36 sales last month. October
Property
2017 sales Sales
were at their highest level compared to October of 60
October
Property
were YTD
27, up
28.6%
from
in October
of
2016 and
2015. sales
October
sales
of 337
are 21 running
6.6%
2016
and
lower year-to-date
than the 36 sales
month. October
50
ahead
of 25.0%
last year's
sales last
of 316.
Trending versus*:
Prior YTD Prior Year
YTD
Prior YTD 4%
Prior Year 2%
-13% YTD
$350,000
-23%
$460,69