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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 |
$ 349,317 |
1 % |
7 % |
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Average List Price of all Current Listings |
$ 419,494 |
1 % |
10 % |
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January Median Sales Price |
$ 265,000 |
2 % |
1 % |
10 % |
2 % |
$ 265,000 |
10 % |
2 % |
January Average Sales Price |
$ 289,008 |
0 % |
0 % |
9 % |
2 % |
$ 289,008 |
9 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
1,632 |
-4% |
10 % |
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January Number of Properties Sold |
498 -39% |
-5% |
498 |
-5% |
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January Average Days on Market ( Solds ) |
55 |
-8% |
4 % |
8 % |
20 % |
55 |
8 % |
20 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 140 |
1 % |
-1% |
8 % |
4 % |
$ 140 |
8 % |
4 % |
January Sold Price per Square Foot |
$ 132 |
-0% |
1 % |
7 % |
3 % |
$ 132 |
6 % |
3 % |
January Month ' s Supply of Inventory |
3.3 |
57 % |
22 % |
16 % |
43 % |
3.3 |
16 % |
43 % |
January Sale Price vs List Price Ratio |
97.0 % |
. 9 % |
. 5 % |
. 1 % |
-. 5 % |
97.0 % |
0 % |
-0% |
Property Sales |
1,400 |
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January Property sales were 498 , down 4.8 % from 523 in
January of 2016 and 39.0 % lower than the 817 sales last month .
|
1,200 |
Number of Properties Sold |
3 Mo Avg |
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Property
January 2017 Sales sales were at their lowest level compared to
|
1,400 |
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January Property of 2016 sales and 2015 were . 498 January , down YTD 4.8 % sales from of 523 498 in are January running of 4.8 2016 % behind and 39.0 last % lower year ' s than year-to-date the 817 sales sales last of month 523 . .
January 2017 sales were at their lowest level compared to
January of 2016 and 2015 . January YTD sales of 498 are running 4.8 % behind last year ' s year-to-date sales of 523 .
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1,000
1,200
800
1,000
600
|
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800 | |||||||||||||||||||||||
400 | |||||||||||||||||||||||
600 | |||||||||||||||||||||||
200 | |||||||||||||||||||||||
400 |
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200 |
0 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
F
M A M J
The Median Sales Price in January was $ 265,000 , up 10.0 %
14
300
Prices from $ 241,000 in January of 2016 and up 1.9 % from $ 260,000
The last Median month . Sales The Price Average in January Sales Price was $ in 265,000 January , up was 10.0 $ 289,008 % ,
290
300 from up 9.1 $ 241,000 % from in $ 265,002 January in of January 2016 and of up 2016 1.9 % and from up $ 0.4 260,000 % from
280 last
$ 287,722 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 289,008 highest , level
290
270 up compared 9.1 % from to $ January 265,002 of in 2016 January and of 2015 2016 . and up 0.4 % from
280
260
|
J |
A S
OMedian N D
J
F Sales M A MPrice J
J Aand S O Average N D
J
F MSales A M JPrice
J
A S O N D
J
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
|
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$ 287,722 last month . January 2017 ASP was at the highest level compared to January of 2016 and 2015 . |
270
250
260
240
|
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250
230
240
220
230
210
220
200
210
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
200
14
15
16
17
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
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Inventory & MSI |
14 |
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
17 |
||||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 1,632 of , down Properties 4.3 % from available 1,705 for last sale month as of and up
2,500
January
10.2 % from was 1,632 1,481 , down in January 4.3 % from of last 1,705 year last . January month and 2017 up
2,500
2,000
10.2
Inventory % from was 1,481 at in its January highest of level last year compared . January with 2017 January of
2,000
Inventory
2016 and was 2015 at . its highest level compared with January of
1,500
2016 and 2015 .
1,500
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of a 3.3
500 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 3.3 of 2016
500 months and 2015 was . at its highest level compared with January of 2016
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
3.5
3.0
2.5
2.0
1.5
1.0
0.5
|
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
|
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and 2015 . |
0 |
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 N0.0D J |
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M14 A M J |
F M15A M J |
F M
16 A M J
|
17 |