MA ARCHIVED April 2017 | Page 32

Market Action Report Title Phone Agent Name Website Other Title Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $409,900 3% 9% Other $627,266 Trending -0% versus*: 17% Month LM 3% L3M 1% PYM -2% LY $318,000 $409,900 3% 7% 1% 9% -6% $369,029 $627,266 387 -0% 4% 17% -22% $318,000 3% 1% -2% 37% 1% 89 48% $369,029 7% 1% -6% 1% 96 -4% -9% -12% 387 4% -22% $198 -1% 1% 5% 89 48% 37% $180 -8% 6% 14% 96 -4% -9% -12% -12% 4.3 -30% -30% -43% $198 -1% 1% 5% 5% 93.3% .1% 1.4% 1.1% $180 -8% 6% 14% 4.3 -30% -30% -43% 93.3% .1% 1.4% 1.1% April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 14 The Median Sales Price in April was $318,000, down 2.2% from 450 Prices $325,000 in April of 2016 and up 2.6% from $310,000 last The Median Sales Price Sales in April was in $318,000, 2.2% from month. The Average Price April was down $369,029, down 450 400 $325,000 in $392,415 April of 2016 and up $310,000 last 6.0% from in April of 2.6% 2016 from and up 7.2% from month. The last Average Sales Price 2017 in April down $344,087 month. April ASP was was $369,029, at a mid range 400 350 6.0% from $392,415 in April 2016 and up 7.2% from compared to April of 2016 of and 2015. 350 300 250 200 Inventory & MSI 400 0 17 3 Mo Avg 250 200 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 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 25.0 400 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 4.3 a 200 higher MSI is better for buyers. April 2017 of 4.3 months was at its lowest level The compared with MSI April of 2016 and 100 100 months 0 2015. was at its lowest level compared with April of 2016 and 2015. 16 500 15 Median Sales Price and Average Sales Price 300 The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 387, Inventory up 4.3% from 371 last available month and from 497 700 The of Properties for down sale as 22.1% of April 700 600 in April of 4.3% last year. 2017 Inventory was 22.1% at its from lowest level was 387, up from April 371 last month and down 497 in compared April of last year. April 2017 Inventory with April of 2016 and 2015. was at its lowest level 600 500 compared with April of 2016 and 2015. 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 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 25.0 20.0 15.0 Prices 0 10 20 20 30 30 40 40 50 50 60 60 70 70 0 3 Mo Avg 80 80 10 Number of Properties Sold 90 were at their highest level compared to April of 2016 and 2015. April YTD sales of 238 are running 23.3% ahead of last year's year-to-date sales of 193. 3 Mo Avg 100 April Property sales were 89, up 36.9% from 65 in April of 2016 and 48.3% higher than the 60 sales last month. April 2017 sales Property Sales were at their highest level compared to April of 2016 and 2015. 100 April sales 89, running up 36.9% 23.3% from 65 in April of 2016 April Property YTD sales of were 238 are ahead of last year's 90 and 48.3% higher than the 60 sales last month. April 2017 sales year-to-date sales of 193. -3% 4% 4% -14% -0% 10% $170 2% 4% -43% 6.6 -35% -14% Number of 92.0% Properties 1.3% 1% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio April Sold Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Price per Square Foot April Average Days on Market (Solds) 44 April Number of Properties Sold 87 Asking Price per Square Foot (based on New Listings) 0% -1% -1% 3% 23% 0% 238 -1% 106 -14% -1% 5% $196 4% 238 23% 10% $170 2% 106 -14% -3% -43% 6.6 -35% $196 4% 4% 1.3% 92.0% 1% April Average Days on Market (Solds) Total Properties