CAR ARCHIVED December 2016 | Page 24

Rowan Community Information | School District

Rowan 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
$ 1,620,000
9 %
30 %
Average List Price of all Current Listings
$ 2,098,825
-3%
16 %
December Median Sales Price
$ 0
-100%
-100%
$ 1,065,000
-20%
-20%
December Average Sales Price
$ 0
0 %
-100%
$ 1,065,000
-46%
-46%
Total Properties Currently for Sale ( Inventory )
6
20 %
-14%
December Number of Properties Sold
0
1
-75%
December Average Days on Market ( Solds )
0
0 %
-100%
312
6 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 235
-14% -2%
0 %
-19%
$ 247
-15%
-15%
December Sold Price per Square Foot
$ 0
0 %
-100%
$ 155
-69%
-69%
December Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
6.0
-8%
-8%
December Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
88.8 %
12 %
12 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 0 , up from 0 in December of 2015 and higher than the 0 sales last month . December 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales of 1 are running 75.0 % behind last year ' s year-to-date sales of 4 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in December was $ 0 , up from $ 0 in December of 2015 and up from $ 0 last month . The Average Sales Price in December was $ 0 , up from $ 0 in December of 2015 and up from $ 0 last month . December 2016 ASP was at the highest level compared to December of 2015 and 2014 .
0
-1
4,000 3,500 3,000
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
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 2 1 0 0 0 0 0 0 1 0 0 0 0 0 0
3 Mo Avg
2,500 2,000 1,500 1,000
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
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of December was 6 , up 20.0 % from 5 last month and down 14.3 % from 7 in December of last year . December 2016 Inventory was at its lowest level compared with December of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2016 MSI of 0.0 months was at its highest level compared with December of 2015 and 2014 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8
12
6 4 2 0 J 14
10 12 12 12 10
14 14
12 12 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
14 14 10
13 9
10 11 10
11 10
9 9 9 9
9 9 9 9
7 8 7
9 9
9 8
9
0.0
F JM FA M AJ MJ AJ SJ OA NS DO JN FD MJ AF MJA JMA J S JO AN SD OJ
NF DM AJ MF MJ AJ MA SJ OJ NA DS O N D
14
15 15
16 16
9
7 7 7 7
7
7 7
7 7 7 8
7 8
7 8 8 8
6 6
8 4
6 5
6 4
5
4 5 5
6 4
5
12.0 10.0
8.0 6.0 4.0
5
2.0
6
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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