Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 376,550 |
2 % |
-1% |
|||||
Average List Price of all Current Listings |
$ 533,174 |
1 % |
-1% |
|||||
December Median Sales Price |
$ 250,000 |
-11% |
-6% |
-13% |
5 % |
$ 265,000 |
10 % |
11 % |
December Average Sales Price |
$ 287,635 |
-6% |
-7% |
-9% |
5 % |
$ 306,289 |
12 % |
12 % |
Total Properties Currently for Sale ( Inventory ) |
262 -11% |
-2% |
||||||
December Number of Properties Sold |
86 |
30 % |
34 % |
969 |
-0% |
|||
December Average Days on Market ( Solds ) |
65 |
41 % |
3 % |
2 % |
12 % |
55 |
-5% |
-5% |
Asking Price per Square Foot ( based on New Listings ) |
$ 163 |
-6% |
-4% |
4 % |
4 % |
$ 168 |
8 % |
8 % |
December Sold Price per Square Foot |
$ 140 |
-12% |
-6% |
-5% |
4 % |
$ 149 |
11 % |
10 % |
December Month ' s Supply of Inventory |
3.0 -31% -22% -27% -15% |
3.7 |
3 % |
3 % |
||||
December Sale Price vs List Price Ratio |
93.0 % -2.5% -1.1% 1.0 % -1.0% |
94.4 % |
1 % |
1 % |
Property Sales |
120 |
|
December Property sales were 86 , up 34.4 % from 64 in |
||
December of 2016 and 30.3 % higher than the 66 sales last
Property month . December Sales 2017 sales were at their highest level
|
120 |
100 |
December compared Property to December sales were of 2016 86 , up and 34.4 2015 % from . December 64 in YTD sales
December of 969 are of running 2016 and 0.1 30.3 % behind % higher last than year the ' s 66 year-to-date sales last sales of
100 month
970 . . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales
80 of 969 are running 0.1 % behind last year ' s year-to-date sales of
|
80
60
|
|
970 . |
60 |
40 |
20 |
0 |
|||||||||||||||
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 |
|||||
0 |
15 |
16 |
17 |
|||||||||||||
Prices
The Median Sales Price in December was $ 250,000 , down
Prices
13.2 % from $ 288,000 in December of 2016 and down 10.7 %
The from Median $ 280,000 Sales last Price month in December . The Average was $ 250,000 Sales Price , down in
400
13.2
December % from $ was 288,000 $ 287,635 in December , down 8.7 of % 2016 from and $ 315,048 down 10.7 in %
|
J
F M A M J
15
400
350
|
J |
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||
from
December $ 280,000 of 2016 last month and down . The 5.6 Average % from Sales $ 304,675 Price in last month . was $ 287,635 , down 8.7 % from $ 315,048 in
350
December 2017 ASP was at a mid range compared to December
|
300 |
|||||||||||||||
December of 2016 and of 2016 2015 and . down 5.6 % from $ 304,675 last month .
December 2017 ASP was at a mid range compared to December
|
300 |
250 |
||||||||||||||
of 2016 and 2015 . |
||||||||||||||||
250 |
200 |
200 |
150 |
||||||
150 |
J |
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
15
16
17
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
|
|||||
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
The
December Total Inventory was 262 of , down Properties 10.6 % available from 293 for last sale month as of and down
December
1.5 % from was 266 262 in , December down 10.6 % of from last year 293 . last December month and 2017 down
450
1.5
Inventory % from 266 was in at December its lowest of level last year compared . December with December 2017 of
400
Inventory
2016 and was 2015 at . its lowest level compared with December of
350
2016 and 2015 .
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The December 2017 MSI of 3.0 higher MSI is better for buyers . The December 2017 MSI of 3.0
100 months was at its lowest level compared with December of 2016 months was at its lowest level compared with December of 2016
50 and 2015 . and 2015 .
0
|
450
400
350
300
250
200
150
100
50
0
|
J |
Total Inventory & Month ' s Supply of Inventory ( MSI )
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 |
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A S O N D
|