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 |
$ 2,250,000 |
-13% |
-17% |
||||||||
Average List Price of all Current Listings |
$ 2,459,000 |
-3% |
5 % |
||||||||
May Median Sales Price |
$ 2,500,000 |
0 % |
-5% |
112 % |
$ 2,500,000 |
-5% |
112 % |
||||
May Average Sales Price |
$ 2,500,000 |
0 % |
-5% |
41 % |
$ 2,500,000 |
-5% |
41 % |
||||
Total Properties Currently for Sale ( Inventory ) |
5 -17% |
-44% |
|||||||||
May Number of Properties Sold |
1 |
0 % |
1 |
0 % |
|||||||
May Average Days on Market ( Solds ) |
525 |
0 % |
377 % 283 % |
525 |
377 % |
283 % |
|||||
Asking Price per Square Foot ( based on New Listings ) |
$ 0 |
-100% -100% |
0 % |
-100% |
$ 1,392 |
-20% |
2 % |
||||
May Sold Price per Square Foot |
$ 717 |
0 % |
-64% -41% |
$ 717 |
-64% |
-41% |
|||||
May Month ' s Supply of Inventory |
5.0 |
0 % |
0 % |
-44% -24% |
5.0 |
-44% |
-24% |
||||
May Sale Price vs List Price Ratio |
92.6 % |
. 0 % -4.1% 4.3 % |
92.6 % |
-4% |
4 % |
Property Sales May Property sales were 1 , equal to 1 in May of 2016 and higher than the 0 sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . May YTD sales of 1 are running equal to last year ' s year-to-date sales of 1 . |
4 3 3 |
Number of Properties Sold |
3 Mo Avg |
2 |
|||
2 |
|||
1 |
|||
1 |
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 |
14 |
15 |
16 |
17 |
Inventory & MSI The Total Inventory of Properties available for sale as of May was 5 , down 16.7 % from 6 last month and down 44.4 % from 9 in May of last year . May 2017 Inventory was at its lowest level compared with May of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2017 MSI of 5.0 months was at its lowest level compared with May of 2016 and 2015 .
|
14 12 10 8 6 4 2 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI )
14 12
10.0
10 8.0
8
6.0 6 4
4.0
2 2.0
0
0.0 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 M A M 14
15 16
17 14
15 16
17
7
7
5
5 5
4
5
5
5 4
6 5
6 5
7
7
7 6
7 6 7 7
9
9
7 8
7 8
7
7
9
8 9 8 9
9
12 12
9
12
9 11 11
12
9
11
7
11
9
8
8
8
8 8
8 7 8 8 8
8
7
8
6
8
7
|
7
6
6
5
7
6
5
|
10.0 8.0 6.0 4.0 2.0 0.0 |
Coldwell Banker Global Luxury SM | 19 |