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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 |
$ 399,650 |
3 % |
11 % |
|||||
Average List Price of all Current Listings |
$ 396,238 |
2 % |
11 % |
|||||
March Median Sales Price |
$ 349,900 |
6 % |
6 % |
5 % |
1 % |
$ 330,900 |
4 % |
-4% |
March Average Sales Price |
$ 310,030 |
-3% |
2 % |
2 % |
-2% |
$ 307,810 |
3 % |
-2% |
Total Properties Currently for Sale ( Inventory ) |
414 |
-3% |
-12% |
|||||
March Number of Properties Sold |
63 |
31 % |
-60% |
148 |
-62% |
|||
March Average Days on Market ( Solds ) |
45 -13% -12% -15% -15% |
54 |
-10% |
2 % |
||||
Asking Price per Square Foot ( based on New Listings ) |
$ 155 |
10 % |
5 % |
-1% |
0 % |
$ 148 |
-5% |
-5% |
March Sold Price per Square Foot |
$ 143 |
-5% |
2 % |
-2% |
-4% |
$ 142 |
-1% |
-4% |
March Month ' s Supply of Inventory |
6.6 -26% -26% 121 % 35 % |
8.9 |
137 % |
83 % |
||||
March Sale Price vs List Price Ratio |
96.0 % |
. 0 % |
. 8 % |
-. 4 % |
-. 5 % |
95.4 % |
-1% |
-1% |
Property Sales |
250 |
||
March Property sales were 63 , down 60.4 % from 159 in March | |||
of 2017 and 31.3 % higher than the 48 sales last month . March | |||
Property
2018 sales Sales were at their lowest level compared to March of 2017
250
|
200 |
||
March and 2016 Property . March sales YTD were sales 63 , down of 14860.4 are % running from 159 62.1 in % March behind |
|||
of last 2017 year and ' s 31.3 year-to-date % higher than sales the of 390 48 sales . last month . March
2018 sales were at their lowest level compared to March of 2017
|
200 |
150 |
|
and 2016 . March YTD sales of 148 are running 62.1 % behind |
|||
last year ' s year-to-date sales of 390 . |
150 |
100 |
50 0
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
0 15 16
17 18
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 $ 349,900 , up 5.4 % from
400
Prices $ 332,000 in March of 2017 and up 5.6 % from $ 331,500 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 349,900 was , up $ 310,030 5.4 % from , up
380
400 $ 2.3 332,000 % from in $ March 303,115 of 2017 in March and up of 2017 5.6 % and from down $ 331,500 3.4 % last from 360 month . The Average Sales Price in March $ 310,030 , up
380
$ 321,027 last month . March 2018 ASP was at the highest level 340 2.3 % from $ 303,115 in March of 2017 and down 3.4 % from 360 compared to March of 2017 and 2016 .
320
$ 321,027 last month . March 2018 ASP was at the highest level 340 300 compared to March of 2017 and 2016 . 320
280 300
260 280
240 260
220
240 220
200
200 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
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 414 , Inventory down 2.6 of % Properties from 425 last available month for and sale down as of 12.3 March % from 900
12.0 was 472414 in , March down 2.6 of % last from year 425 . March last month 2018 and Inventory down 12.3 was % at from its 900 800 12.0
10.0 472 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at . its 800 700
10.0 lowest level compared with March of 2017 and 2016 .
700 600 8.0
600 500 8.0
500 6.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while
400 a 300
4.0
A comparatively lower MSI is more beneficial for sellers while a 300
4.0 higher MSI is better for buyers . The March 2018 MSI of 6.6 200 higher MSI is better for buyers . The March 2018 MSI of 6.6 200
2.0 months was at its highest level compared with March of 2017 100
2.0 months was at its highest level compared with March of 2017 100 and 2016 .
0 0.0 and 2016 . 0
0.0 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
M J F M A M J
F M A M J F M
15 16
17 18
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772 |
834 |
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746 |
818 |
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755 |
772 |
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702 |
746 |
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661 |
755 |
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707
702
| ||||
783
661
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