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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 |
$ 274,100 |
4 % |
10 % |
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Average List Price of all Current Listings |
$ 347,745 |
3 % |
6 % |
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October Median Sales Price |
$ 201,000 |
1 % |
-1% |
1 % |
9 % |
$ 198,100 |
8 % |
8 % |
October Average Sales Price |
$ 240,949 |
2 % |
1 % |
6 % |
12 % |
$ 234,102 |
10 % |
9 % |
Total Properties Currently for Sale ( Inventory ) |
1,774 |
3 % |
-10% |
|||||
October Number of Properties Sold |
362 |
1 % |
-7% |
4,437 |
1 % |
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October Average Days on Market ( Solds ) |
87 |
1 % |
1 % |
6 % |
16 % |
81 |
7 % |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 152 |
3 % |
4 % |
6 % |
9 % |
$ 146 |
6 % |
4 % |
October Sold Price per Square Foot |
$ 135 |
2 % |
2 % |
7 % |
10 % |
$ 132 |
8 % |
7 % |
October Month ' s Supply of Inventory |
4.9 |
2 % |
9 % |
-4% |
1 % |
4.8 |
2 % |
-2% |
October Sale Price vs List Price Ratio |
94.1 % |
. 9 % |
. 4 % |
-. 3 % |
. 0 % |
93.7 % |
-0% |
-0% |
Property Sales |
700 |
|
October Property sales were 362 , down 6.9 % from 389 in | ||
October of 2016 and 0.8 % higher than the 359 sales last month . |
600 |
|
Property
October 2017 Sales sales were at their lowest level compared to
|
700 |
|
October Property of 2016 sales and 2015 were . 362 October , down YTD 6.9 % sales from of 389 4,437 in are |
500 |
|
October running of 0.7 2016 % ahead and 0.8 of % last higher year than ' s year-to-date the 359 sales sales last of month 4,404 . .
600
October 2017 sales were at their lowest level compared to
|
400 |
|
October of 2016 and 2015 . October YTD sales of 4,437 are |
500 |
|
running 0.7 % ahead of last year ' s year-to-date sales of 4,404 . |
300 |
|
400 | ||
200 | ||
300 | ||
200 |
100 |
Prices | ||
The Median Sales Price in October was $ 201,000 , up 0.8 % from | ||
Prices
$ 199,500 in October of 2016 and up 0.6 % from $ 199,900 last
|
240 |
|
The month Median . The Sales Average Price Sales in October Price was in October $ 201,000 was , up $ 240,949 0.8 % from , up
$
5.8 199,500 % from in October $ 227,736 of in 2016 October and up of 0.6 2016 % from and up $ 199,900 2.2 % from last
240
|
220 |
|
month
$ 235,687 . The last Average month Sales . October Price in 2017 October ASP was $ at 240,949 the highest , up level
5.8 % from $ 227,736 in October of 2016 and up 2.2 % from
220 compared to October of 2016 and 2015 .
$ 235,687 last month . October 2017 ASP was at the highest level
200
|
200
180
|
|
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 |
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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 |
120 |
100 |
||||||
100 |
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 |
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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 1,774 , of up Properties 3.1 % from available 1,720 last for month sale as of and down
3,000
October
10.3 % from was 1,774 1,978 , up in 3.1 October % from of 1,720 last year last month . October and 2017 down
3,000
2,500
10.3
Inventory % from 1,978 was at in a October mid level of compared last year . October with October 2017 of 2016 and
2,500
Inventory
2015 . was at a mid level compared with October of 2016 and
2,000
2015 .
2,000
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
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 October 2017 MSI of 4.9 higher MSI is better for buyers . The October 2017 MSI of 4.9
500
2.0 months was at a mid level compared with October of 2016 and
500 months was at a mid level compared with October of 2016 and
1.0
2015 .
0
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
|