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 |
$ 1,475,000 |
0 % |
-7% |
|||||
Average List Price of all Current Listings |
$ 1,954,944 |
-1% |
-3% |
|||||
May Median Sales Price |
$ 1,775,000 |
22 % |
10 % |
42 % |
42 % |
$ 1,612,500 |
31 % |
29 % |
May Average Sales Price |
$ 1,775,000 |
22 % |
9 % |
31 % |
30 % |
$ 1,632,500 |
23 % |
20 % |
Total Properties Currently for Sale ( Inventory ) |
45 |
-4% |
29 % |
|||||
May Number of Properties Sold |
1 |
0 % |
-80% |
4 |
-67% |
|||
May Average Days on Market ( Solds ) |
169 |
40 % |
6 % |
24 % |
47 % |
160 |
30 % |
39 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 414 |
-9% -21% |
2 % |
-24% |
$ 503 |
11 % |
-8% |
|
May Sold Price per Square Foot |
$ 407 |
26 % |
5 % |
-2% |
18 % |
$ 388 |
10 % |
12 % |
May Month ' s Supply of Inventory |
45.0 |
-4% |
20 % 543 % 114 % |
37.5 |
203 % |
79 % |
||
May Sale Price vs List Price Ratio |
94.7 %
7.7 % 6.2 % -1.3% 6.7 %
|
89.2 % |
-2% |
0 % |
Property Sales May Property sales were 1 , down 80.0 % from 5 in May of 2016 and the same as the 1 sales last month . May 2017 sales were at their lowest level compared to May of 2016 and 2015 . May YTD sales of 4 are running 66.7 % behind last year ' s year-to-date sales of 12 . |
6
5
4
3
|
6
5
4
3
2
|
Number of Properties Sold |
3 Mo Avg |
2 |
1 |
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 |
|||||||||
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 |
|||||||||||||
16 |
17 |
3 Mo Avg |
|||||||||||||||||||||
Median Sales Price and Average Sales Price |
3 Mo Avg |
14 |
|||
J |
A |
S O N D |
J |
15 |
F
M15 A M J
|
J |
A S O N D |
J |
16 |
F M16A M J |
J |
A S O N D |
J |
17 |
Inventory & MSI The Total Inventory of Properties available for sale as of May was 45 , down 4.3 % from 47 last month and up 28.6 % from 35 in May of last year . May 2017 Inventory was at its highest 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 45.0 months was at its highest level compared with May of 2016 and 2015 .
|
50 40 30 20 10 0 |
50
40
30
34 34
34
31
34
27
31
27
23 22
Total Inventory & Month ' s Supply of Inventory ( MSI )
23 22 27
20
24 20 25
24 27
25 30
31 27 32
27
30 35 31
32
35 32 32 32 32 31
35 34
37 34
30 38
35 41
40 37 38
20
30.0 20.0
10 10.0
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
32 32 32 32 31
34 34
30
41
40
32
32 31 32 32
31
34
41
32
47
32
45
34
41
60.0
47
50.0
40.0
45
|
60.0 50.0 40.0 30.0 20.0 10.0 0.0 |
|
6 | coldwellbankerluxury . com |