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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 |
$ 509,900 |
6 % |
6 % |
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Average List Price of all Current Listings |
$ 675,358 |
2 % |
4 % |
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February Median Sales Price |
$ 399,708 |
-8% |
4 % |
-8% |
4 % |
$ 413,208 |
7 % |
7 % |
February Average Sales Price |
$ 486,043 |
4 % |
10 % -20% |
5 % |
$ 479,287 |
-23% |
4 % |
|
Total Properties Currently for Sale ( Inventory ) |
359 |
-5% |
-15% |
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February Number of Properties Sold |
54 |
59 % |
42 % |
88 |
28 % |
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February Average Days on Market ( Solds ) |
105 |
9 % |
8 % |
-30% |
6 % |
101 |
-17% |
2 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 215 |
3 % |
3 % |
5 % |
7 % |
$ 211 |
4 % |
5 % |
February Sold Price per Square Foot |
$ 200 |
8 % |
7 % |
-1% |
8 % |
$ 195 |
-4% |
5 % |
February Month ' s Supply of Inventory |
6.6 -40% -17% -40% -11% |
8.9 |
-27% |
19 % |
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February Sale Price vs List Price Ratio |
94.0 % |
. 2 % |
-. 3 % 2.6 % |
. 7 % |
93.9 % |
1 % |
1 % |
Property Sales |
80 |
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February Property sales were 54 , up 42.1 % from 38 in February of 2017 and 58.8 % higher than the 34 sales last month . |
70 |
Number of Properties Sold |
3 Mo Avg |
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Property
February 2018 Sales sales were at their highest level compared to
February Property of 2017 sales and 2016 were . 54 February , up 42.1 % YTD from sales 38 in of February 88 are of running 2017 and 27.5 58.8 %% ahead higher of than last year the 34 ' s year-to-date sales last month sales . of 69 .
February 2018 sales were at their highest level compared to
February of 2017 and 2016 . February YTD sales of 88 are
|
80
70
60
|
60
50
40
|
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running 27.5 % ahead of last year ' s year-to-date sales of 69 . |
50 |
30 |
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40 |
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20 |
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30 |
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10 |
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20 |
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10 |
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 |
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0 |
15 |
16 |
17 |
18 |
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M
A M J
Prices
15
The Median Sales Price in February was $ 399,708 , down 7.6 %
700
Prices from $ 432,500 in February of 2017 and down 8.1 % from
The
$ 435,000 Median last Sales month Price . in The February Average was Sales $ 399,708 Price , in down February 7.6 % was
650
700 from
$ 486,043 $ 432,500 , down in February 19.8 % from of 2017 $ 605,980 and down in February 8.1 % from of 2017 and
600
$ up 435,000 3.7 % from last month $ 468,556 . The last Average month Sales . February Price in February 2018 ASP was was at
650 a
$ mid 486,043 range , down compared 19.8 % to from February $ 605,980 of 2017 in February and 2016 of 2017 . and
550
600
|
J |
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
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up 3.7 % from $ 468,556 last month . February 2018 ASP was at a mid range compared to February of 2017 and 2016 . |
550
500
|
500
450
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450 |
400 |
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400 |
350 |
350 |
300 |
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300 |
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
15 M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
|
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15 |
16 |
17 |
18 |
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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
February Total Inventory was 359 , of down Properties 4.5 % from available 376 for last sale month as of and down
February
14.9 % from was 422 359 , in down February 4.5 % from of last 376 year last . month February and 2018 down
500
14.9
Inventory % from 422 was in at February a mid level of last compared year . February with February 2018 of 2017
400
Inventory and 2016 was . at a mid level compared with February of 2017 and 2016 .
300
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a 6.6 higher months MSI was is better at its lowest for buyers level . The compared February with 2018 February MSI of 6.6 of
2017100 months and 2016 was
. at its lowest level compared with February of 2017 and 2016 .
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
500
14.0
400
12.0
300
10.0
8.0
200
6.0
100
4.0
2.0
0
0.0
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 N D J
F
15
16
17
18
15
16
17
18
|
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
|