CAR ARCHIVED April 2016 | Page 39

Lancaster Community Information | School District

Lancaster Community Information | School District

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
$ 148,900
-1%
3 %
Average List Price of all Current Listings
$ 194,213
1 %
5 %
April Median Sales Price
$ 0
#### #### #### #####
$ 129,500
-14%
-19%
April Average Sales Price
$ 0
#### #### #### #####
$ 154,640
-15%
-13%
Total Properties Currently for Sale ( Inventory )
146
-4%
-40%
April Number of Properties Sold
0
####
####
78
-38%
April Average Days on Market ( Solds )
0
#### #### #### #####
114
-5%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 101
-3%
4 %
5 %
12 %
$ 97
5 %
8 %
April Sold Price per Square Foot
$ 0
#### #### #### #####
$ 76
-7%
-8%
April Month ' s Supply of Inventory
0.0
#### #### #### #####
6.7
-21%
-3%
April Sale Price vs List Price Ratio
0.0 %
#### #### #### #####
89.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 0 , down 100.0 % from 41 in April of 2015 and 100.0 % lower than the 38 sales last month . April 2016 sales were at their lowest level compared to April of 2015 and 2014 . April YTD sales of 78 are running 37.6 % behind last year ' s year-to-date sales of 125 .
70 60 50 40
Number of Properties Sold
3 Mo Avg
30
20
10
Prices The Median Sales Price in April was $ 0 , down 100.0 % from $ 165,900 in April of 2015 and down 100.0 % from $ 124,750 last month . The Average Sales Price in April was $ 0 , down 100.0 % from $ 181,887 in April of 2015 and down 100.0 % from $ 157,234 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
0
240 220 200 180 160 140 120 100
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
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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
13
14
15
16
38 37 49 62 36 32 28 29 35 20 24 30 36 39 44 34 38 30 25 24 31 20 33 41 34 46 32 37 39 31 26 24 14 26 38 0
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of April was 146 , down 3.9 % from 152 last month and down 39.9 % from 243 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 0.0 months was at a mid level compared with April of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
350 300
300 250
250 200
200 150
150 100
100 50
50 0
0 M J
M J
J A
J S
A O N
S O D
N J F
D
M
J
A
F M
J
A
J
M A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J
13 13
14 14
15 15
16 16
288
280
266 288
272 280
275 266
273 272
283 275
294 273
285 283
280 294
279 285
276 280
272 279 278
276
261
272 267
278 273 261 282 267
259 273
247
282 260 249
259
235
247
243 260
229 249
226 235
219 243
215 229 226 187
219 186
215
175 187 159
186 148
175 140
159
152 148
146
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 F M A
140 152 146
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 39