Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,375,000 |
-8% |
-14% |
|||||
Average List Price of all Current Listings |
$ 1,857,191 |
-4% |
-15% |
|||||
February Median Sales Price |
$ 2,110,000 |
42 % |
37 % |
$ 2,110,000 |
42 % |
37 % |
||
February Average Sales Price |
$ 2,110,000 |
27 % |
3 % |
$ 2,110,000 |
0 % |
3 % |
||
Total Properties Currently for Sale ( Inventory ) |
47 |
9 % |
52 % |
|||||
February Number of Properties Sold |
2 |
2 |
0 % |
|||||
February Average Days on Market ( Solds ) |
293 |
-16% |
42 % |
293 |
0 % |
42 % |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 376 |
-55% -27% 55 % |
-28% |
$ 551 |
57 % |
5 % |
||
February Sold Price per Square Foot |
$ 650 |
52 % |
50 % |
$ 650 |
0 % |
49 % |
||
February Month ' s Supply of Inventory |
23.5 |
0 % |
0 % |
0 % |
-7% |
23.5 |
0 % |
-7% |
February Sale Price vs List Price Ratio |
89.6 % |
13.6 % |
5.1 % |
89.6 % |
0 % |
5 % |
Property Sales February Property sales were 2 , up from 0 in February of 2017 and higher than the 0 sales last month . February 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of 2 are running ahead of last year ' s year-to-date sales of 0 . |
6
5
4
|
Number of Properties Sold |
3 Mo Avg |
3 |
|||
2 |
|||
1 |
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 |
Inventory & MSI The Total Inventory of Properties available for sale as of February was 47 , up 9.3 % from 43 last month and up 51.6 % from 31 in February of last year . February 2018 Inventory was at its highest level compared with February of 2017 and 2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2018 MSI of 23.5 months was at its highest level compared with February of 2017 and 2016 .
|
50 40 30 20 10 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) 50
50.0 40
40.0
30 30.0
20 20.0
10 10.0
0
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
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 15
16 17
18
25
27
25 30
31 27
44 43 44 42 45 44
42 47 43
32 30
35 31
33 32
33 35
32 33
32 33
31 32
34 32
34 31
30 34
34
34
35 30 36 34 39 35 38
36 30
39 29
38
30 30
30
31 29
30 38
30 44
31 43
38 44
42 45 44 42 43 41 43
41
43
47
|
50.0 40.0 30.0 20.0 10.0 0.0 |
|
6 | coldwellbankerluxury . com |