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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 |
$ 281,943 |
1 % |
13 % |
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Average List Price of all Current Listings |
$ 363,847 |
2 % |
16 % |
|||||
January Median Sales Price |
$ 217,000 |
-4% |
-1% |
10 % |
3 % |
$ 217,000 |
10 % |
3 % |
January Average Sales Price |
$ 238,179 |
-2% |
-2% |
8 % |
2 % |
$ 238,179 |
8 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
1,764 |
0 % |
-20% |
|||||
January Number of Properties Sold |
376 -24% |
1 % |
376 |
1 % |
||||
January Average Days on Market ( Solds ) |
77 |
-5% |
0 % |
4 % |
5 % |
77 |
4 % |
5 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 135 |
-1% |
0 % |
10 % |
4 % |
$ 135 |
10 % |
4 % |
January Sold Price per Square Foot |
$ 125 |
1 % |
1 % |
11 % |
4 % |
$ 125 |
11 % |
4 % |
January Month ' s Supply of Inventory |
4.7 |
32 % |
12 % -20% |
10 % |
4.7 |
-20% |
10 % |
|
January Sale Price vs List Price Ratio |
95.9 % |
. 5 % |
. 4 % |
1.4 % |
. 4 % |
95.9 % |
1 % |
0 % |
Property Sales |
700 |
|
January Property sales were 376 , up 1.1 % from 372 in January of | ||
2017 and 24.0 % lower than the 495 sales last month . January |
600 |
|
Property
2018 sales Sales were at their highest level compared to January of
700
| ||
January
2017 and Property 2016 . sales January were YTD 376 , sales up 1.1 of % 376 from are 372 running January 1.1 % of
|
500 |
|
2017 ahead and of 24.0 last % year lower ' s year-to-date than the 495 sales of last 372 month . . January
2018 sales were at their highest level compared to January of
|
600 |
400 |
2017 and 2016 . January YTD sales of 376 are running 1.1 % |
500 |
|
ahead of last year ' s year-to-date sales of 372 . |
300 |
|
400 |
||
200 |
||
300 |
||
200 |
100 |
100 |
0 |
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 |
||||
0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in January was $ 217,000 , up 10.0 %
|
F
M A M J
15
|
J |
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
|
3 Mo Avg |
||||||||||||||
Prices from $ 197,250 in January of 2017 and down 3.6 % from
The
$ 225,000 Median last Sales month Price . in The January Average was Sales $ 217,000 Price , up in 10.0 January % was from
$ 238,179 $ 197,250 , up in 7.8 January % from of $ 220,968 2017 and in down January 3.6 % of from 2017 and down
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||
$
2.4 225,000 % from last $ 243,927 month . The last Average month . Sales January Price 2018 in January ASP was was at the
$ 238,179 , up 7.8 % from $ 220,968 in January of 2017 and down
270 highest level compared to January of 2017 and 2016 .
2.4 % from $ 243,927 last month . January 2018 ASP was at the
250
|
250
230
|
|||||||||||||||||
highest level compared to January of 2017 and 2016 . |
230 |
210 |
170 |
150 |
||||||
150 |
F |
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
M
15 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
17 A M J
J
A S O N D
J
18
|
|||||
15 |
16 |
17 |
18 |
||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 1,764 of , up Properties 0.2 % from available 1,761 last for sale month as of and down
3,000
January
19.6 % from was 1,764 2,193 , up in 0.2 January % from of 1,761 last year last month . January and 2018 down
3,000
2,500
19.6
Inventory % from 2,193 was at in its January lowest of level last compared year . January with 2018 January of 2017
2,500
Inventory and 2016 was . at its lowest level compared with January of 2017
2,000 and 2016 .
2,000
1,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
5.0
|
8.0
7.0
6.0
5.0
4.0
|
||||
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 January 2018 MSI of 4.7 higher MSI is better for buyers . The January 2018 MSI of 4.7
500
2.0 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
1.0 and 2016 .
0 and 2016 .
0
0.0
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 N D J
15
16
17
18
15
16
17
18
|
3.0
2.0
1.0
0.0
|