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 % |
-12% |
|||||
Average List Price of all Current Listings |
$ 1,876,290 |
1 % |
-13% |
|||||
December Median Sales Price |
$ 1,357,500 |
-3% |
4 % |
24 % |
$ 1,179,400 |
8 % |
8 % |
|
December Average Sales Price |
$ 1,357,500 |
-3% |
-9% |
14 % |
$ 1,351,956 |
13 % |
13 % |
|
Total Properties Currently for Sale ( Inventory ) |
39 -11% |
-5% |
||||||
December Number of Properties Sold |
2
100 %
|
16 |
45 % |
|||||
December Average Days on Market ( Solds ) |
117 -28% -29% |
-48% |
146 |
-35% |
-35% |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 0 |
-100% -100% -100% -100% |
$ 399 |
-23% |
-24% |
|||
December Sold Price per Square Foot |
$ 198 |
60 % -23% |
-46% |
$ 236 |
-35% |
-35% |
||
December Month ' s Supply of Inventory |
19.5 -56% -25% |
0 % |
-23% |
30.1 |
19 % |
19 % |
||
December Sale Price vs List Price Ratio |
88.0 %
3.7 %
|
. 8 % |
3.6 % |
87.6 % |
3 % |
3 % |
Property Sales December Property sales were 2 , up from 0 in December of 2016 and 100.0 % higher than the 1 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 16 are running 45.5 % ahead of last year ' s year-to-date sales of 11 . |
6
5
4
|
Number of Properties Sold |
3 Mo Avg |
3 |
|||
2 |
|||
1 |
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 J |
J |
A S O N D |
15 |
16 |
17 |
Inventory & MSI The Total Inventory of Properties available for sale as of December was 39 , down 11.4 % from 44 last month and down 4.9 % from 41 in December of last year . December 2017 Inventory was at a mid level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 19.5 months was at its highest level compared with December of 2016 and 2015 .
|
60 50 40 30 20 10 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) 60
60.0 50
50.0 40
40.0 30
30.0 20
20.0 10
10.0
0
0.0 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 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 J J A S O N D 15
16 17
15 16
17
24
21
24
26 21
29
30 26
34
34 29
30 36 36
36
36
29
30
29
30
25 24 25 26
25
24 31
25 29 26
31
34
42
29
48 49 42 48
34
48
49
45
44
48
45
44
41 41 40
41 41 40 46
40 48
48 42 46
38
40
42
38
46
48
|
48
44 44
46
39
44
44
39
|
60.0 50.0 40.0 30.0 20.0 10.0 0.0 |
12 | coldwellbankerluxury . com |