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 |
$ 1,500,000 |
0 % |
-6% |
|||||
Average List Price of all Current Listings |
$ 1,946,914 |
-1% |
-5% |
|||||
February Median Sales Price |
$ 1,178,065 |
-9% |
-8% |
-2% |
-11% |
$ 1,295,130 |
-6% |
-2% |
February Average Sales Price |
$ 1,292,782 |
-13% -13% |
1 % |
-12% |
$ 1,415,557 |
-8% |
-4% |
|
Total Properties Currently for Sale ( Inventory ) |
89 |
6 % |
10 % |
|||||
February Number of Properties Sold |
4 -43% |
33 % |
11 |
120 % |
||||
February Average Days on Market ( Solds ) |
20 |
33 % -77% -72% -75% |
17 |
-85% |
-79% |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 214 |
1 % |
2 % |
-7% |
-1% |
$ 213 |
-11% |
-1% |
February Sold Price per Square Foot |
$ 160 |
-7% |
-1% |
5 % |
-24% |
$ 166 |
-33% |
-21% |
February Month ' s Supply of Inventory |
22.3 |
85 % |
46 % -18% -17% |
17.1 |
-47% |
-36% |
||
February Sale Price vs List Price Ratio |
93.8 % -2.3% 2.9 % 5.9 % 2.3 % |
95.2 % |
7 % |
4 % |
Property Sales
February Property sales were 4 , up 33.3 % from 3 in February of
Property
2017 and 42.9 Sales % lower than the 7 sales last month . February
20
February
2018 sales Property were at sales their were highest 4 , up level 33.3 % compared from 3 in to February of of
2017 and and 42.9 2016 % lower . February than the YTD 7 sales last of 11 month are running . February 120.0 %
18
|
20
18
16
14
|
Number of Properties Sold |
3 Mo Avg |
||
2018 ahead sales of last were year at their ' s year-to-date highest level sales compared of 5 . to February of
2017 and 2016 . February YTD sales of 11 are running 120.0 % ahead of last year ' s year-to-date sales of 5 .
|
16
14
12
10
8
|
12
10
8
6
|
|||
6 |
4 |
||||
4 |
2 |
||||
2 |
0 |
||||
0 |
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
15
16
17
18
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
|
||||
Prices
15
Prices
The Median Sales Price in February was $ 1,178,065 , down 1.8 %
The from Median $ 1,200,000 Sales Price in February in February of 2017 was $ and 1,178,065 down , down 9.4 % from 1.8 %
2,000 from
$ 1,300,000 $ 1,200,000 last in month February . The of Average 2017 and Sales down Price 9.4 % in from February
2,000
$ was 1,300,000 $ 1,292,782 last month , up 1.2 . The % from Average $ 1,277,500 Sales Price in February in February of 2017
1,800 was and $ 1,292,782 down 13.0 , % up from 1.2 % $ from 1,485,714 $ 1,277,500 last month in February . February of 2017 2018
1,800 and
ASP down was 13.0 at the % from highest $ 1,485,714 level compared last month to . February of 2018 2017 and
1,600
ASP
2016 was . at the highest level compared to February of 2017 and
1,600
2016 .
1,400
|
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
|
18
3 Mo Avg
|
3 Mo Avg |
||
1,400 |
|||||
1,200 |
|||||
1,200 |
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
February was 89 , up 6.0 % from 84 last month and up 9.9 % from
February was 89 , up 6.0 % from 84 last month and up 9.9 % from
140
81
81 in in February February of of last last year year . February
. February 2018
2018 Inventory
Inventory was was at its at its
120 highest highest level level compared compared with with February February of 2017 of 2017 and and 2016 2016 . .
100
80
60
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a
40 higher MSI is is better for for buyers . The . The February 2018 2018 MSI MSI of 22.3 of 22.3 was at its level with February of 2017
20 months was at its lowest level compared with February of 2017
|
140
120
100
80
60
40
20
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
100.0
80.0
60.0
40.0
20.0
|
||||||||
and 2016 . . |
0 |
0 |
0.0 |
|||||||
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ
NAD SJ
OF N D J
|
F |
|||||||||
15 |
15 |
16 |
16 |
17 |
17 |
18 |
18 |