Trending versus *: |
Trending versus *: |
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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 |
$ 649,500 |
8 % |
-7% |
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Average List Price of all Current Listings |
$ 1,224,354 |
3 % |
-1% |
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March Median Sales Price |
$ 667,000 |
-4% |
-1% |
-2% |
5 % |
$ 675,000 |
-1% |
6 % |
March Average Sales Price |
$ 927,828 |
7 % |
7 % |
14 % |
8 % |
$ 894,433 |
-3% |
4 % |
Total Properties Currently for Sale ( Inventory ) |
333 -10% |
-24% |
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March Number of Properties Sold |
67 |
46 % |
68 % |
142 |
46 % |
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March Average Days on Market ( Solds ) |
127 |
14 % |
2 % |
12 % |
-7% |
115 |
-12% |
-16% |
Asking Price per Square Foot ( based on New Listings ) |
$ 494 |
3 % |
4 % |
4 % |
8 % |
$ 481 |
8 % |
5 % |
March Sold Price per Square Foot |
$ 437 |
3 % |
1 % |
1 % |
0 % |
$ 435 |
-3% |
0 % |
March Month ' s Supply of Inventory |
5.0 -38% -41% -55% -52% |
8.4 |
-38% |
-20% |
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March Sale Price vs List Price Ratio |
90.2 % -2.1% -1.0% -2.2% |
. 3 % |
91.5 % |
1 % |
2 % |
Property Sales |
90 |
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March Property sales were 67 , up 67.5 % from 40 in March of
2017 and 45.7 % higher than the 46 sales last month . March
|
80 |
Number of Properties Sold |
3 Mo Avg |
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Property
2018 sales Sales were at their highest level compared to March of
|
90 |
70 |
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March
2017 and Property 2016 sales . March were YTD 67 , up sales 67.5 of % 142 from are 40 running March 46.4 of %
2017 ahead and of 45.7 last % year higher ' s year-to-date than the 46 sales last of 97 month . . March 2018 sales were at their highest level compared to March of
2017 and 2016 . March YTD sales of 142 are running 46.4 % ahead of last year ' s year-to-date sales of 97 .
|
80
70
60
|
60
50
40
|
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50 |
30 |
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40 |
20 |
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30 |
10 |
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20 |
0 |
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10 |
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 |
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0 |
15 |
16 |
17 |
18 |
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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
Prices
Median Sales Price and Average Sales Price
15
16
17
18
3 Mo Avg
The Median Sales Price in March was $ 667,000 , down 2.3 %
1,400
Prices from $ 682,500 in March of 2017 and down 3.8 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 693,000 Median last Sales month Price . in The March Average was $ Sales 667,000 Price , down in March 2.3 % was
1,300
1,400 from
$ 927,828 $ 682,500 , up in 13.8 March % from of 2017 $ 815,375 and down in March 3.8 % of from 2017 and up
1,200
$ 693,000 last month . The Average Sales Price in March was
1,300
6.7 % from $ 869,696 last month . March 2018 ASP was at the
1,100
$ 927,828 , up 13.8 % from $ 815,375 in March of 2017 and up
1,200 highest level compared to March of 2017 and 2016 .
1,000
6.7 % from $ 869,696 last month . March 2018 ASP was at the
1,100
900 highest level compared to March of 2017 and 2016 .
1,000
800
900
700
800
600
700
500
600
500
400
400
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
M
15 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 M
18
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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 March
The was Total 333 , Inventory down 9.8 of % Properties from 369 last available month for and sale down as of 23.8 March % from was 437333 in , March down 9.8 of last % from year 369 . March last month 2018 and Inventory down 23.8 was % at from its
500
437 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at . its
400 lowest level compared with March of 2017 and 2016 .
300
|
500
400
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
30.0
25.0
20.0
|
30.0
25.0
20.0
15.0
|
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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 March for 2018 sellers MSI while of 5.0 a higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 5.02017 and
100 months
2016 . was at its lowest level compared with March of 2017 and
2016 .
0
|
200
100
0
A
M J
M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
J A S O N D J
F M A M J
F M A M J
17
|
15.0
10.0
5.0
0.0
J A S O N D J
F M
F M
18
|
10.0
5.0
0.0
|