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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 |
$ 234,900 |
2 % |
19 % |
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Average List Price of all Current Listings |
$ 285,497 |
1 % |
15 % |
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January Median Sales Price |
$ 185,000 |
2 % |
3 % |
12 % |
5 % |
$ 185,000 |
12 % |
5 % |
January Average Sales Price |
$ 200,367 |
2 % |
2 % |
12 % |
4 % |
$ 200,367 |
12 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
705 |
-0% |
-18% |
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January Number of Properties Sold |
187 -32% |
-19% |
187 |
-19% |
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January Average Days on Market ( Solds ) |
57 |
2 % |
-3% -11% |
-3% |
57 |
-11% |
-3% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 117 |
-1% |
3 % |
11 % |
6 % |
$ 117 |
11 % |
6 % |
January Sold Price per Square Foot |
$ 107 |
0 % |
2 % |
10 % |
4 % |
$ 107 |
10 % |
4 % |
January Month ' s Supply of Inventory |
3.8 |
46 % |
26 % |
1 % |
27 % |
3.8 |
1 % |
27 % |
January Sale Price vs List Price Ratio |
95.4 % |
. 6 % |
. 1 % |
. 6 % |
-. 0 % |
95.4 % |
1 % |
-0% |
Property Sales |
400 |
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January Property sales were 187 , down 19.0 % from 231 in
January of 2017 and 31.8 % lower than the 274 sales last month .
Property
January 2018
Sales sales were at their lowest level compared to
400
January Property sales were 187 , down 19.0 % from 231 in
January of 2017 and 2016 . January YTD sales of 187 are
January of 2017 and 31.8 % lower than the 274 sales last month .
350 running 19.0 % behind last year ' s year-to-date sales of 231 .
January 2018 sales were at their lowest level compared to
300
January of 2017 and 2016 . January YTD sales of 187 are
|
350
300
250
200
|
Number of Properties Sold |
3 Mo Avg |
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running 19.0 % behind last year ' s year-to-date sales of 231 . |
250 |
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150 | ||||||||||||||||||
200 | ||||||||||||||||||
100 | ||||||||||||||||||
150 | ||||||||||||||||||
100 |
50 |
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50 |
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 |
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0 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in January was $ 185,000 , up 12.5 %
Prices from $ 164,500 in January of 2017 and up 2.2 % from $ 181,000
The last Median month Sales . The Price Average in January Sales Price was $ in 185,000 January , up was 12.5 $ % 200,367 , from up 12.2 $ 164,500 % from in $ January 178,504 of in 2017 January and up of 2017 2.2 % and from up $ 181,000 2.4 % from
240 last
$ 195,761 month . last The month Average
. January Sales Price
2018 in January
ASP was was at the
$ 200,367 highest
, level up 12.2 % from $ 178,504 in January of 2017 and up 2.4 % from
220 compared to January of 2017 and 2016 .
$ 195,761 last month . January 2018 ASP was at the highest level
200
|
F
M A M J
15
240
220
200
180
|
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
Median
16 Sales Price and Average
17 Sales Price
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
compared to January of 2017 and 2016 . |
180 |
160 |
120 |
100 |
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100 |
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 |
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F |
M15 A M J |
J |
A S O N D |
J |
F M16A 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 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 705 , down of Properties 0.1 % from available 706 last for sale month as of and down
1,400
January was 705 , down 0.1 % from 706 last month and down
1,400
17.9 % from 859 in January of last year . January 2018 Inventory
1,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
17.9 was % at from its lowest 859 in January level compared of last year with . January 2018 of 2017 Inventory and
20161,200 .
5.0 was at its lowest level compared with January of 2017 and 2016 .
1,000
1,000
800
4.0
800
600
3.0
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400
2.0 higher MSI is better for buyers . The January 2018 MSI of 3.8
400 higher MSI is better for buyers . The January 2018 MSI of 3.8 months was at a mid level compared with January of 2017 and
200
1.0 months was at a mid level compared with January of 2017 and
200
2016
2016 .
.
0
0
0.0
F
M
AF
M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JA AM S JO JNAD SJ
O N D J
15
15
16
16
17
17
18
18
|
6.0
5.0
4.0
3.0
2.0
1.0
0.0
|