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 |
$ 1,399,000 |
-18% |
1 % |
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Average List Price of all Current Listings |
$ 1,792,333 |
-4% |
9 % |
|||||
February Median Sales Price |
$ 1,050,000 |
2 % |
0 % |
-15% |
$ 1,037,500 |
-1% |
-16% |
|
February Average Sales Price |
$ 1,050,000 |
2 % |
-6% |
-28% |
$ 1,037,500 |
0 % |
-29% |
|
Total Properties Currently for Sale ( Inventory ) |
15 |
36 % |
-6% |
|||||
February Number of Properties Sold |
1 |
0 % |
2 |
0 % |
||||
February Average Days on Market ( Solds ) |
108 |
2 % |
-28% |
-17% |
107 |
0 % |
-18% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 346 |
-30% -16% 46 % |
15 % |
$ 411 |
66 % |
36 % |
||
February Sold Price per Square Foot |
$ 289 |
25 % |
16 % |
10 % |
$ 260 |
0 % |
-2% |
|
February Month ' s Supply of Inventory |
15.0 |
36 % |
29 % |
0 % |
91 % |
13.0 |
0 % |
66 % |
February Sale Price vs List Price Ratio |
91.9 %
7.6 % 5.1 %
|
-. 6 % |
88.6 % |
0 % |
-4% |
Property Sales February Property sales were 1 , up from 0 in February of 2016 and the same as the 1 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 2 are running ahead of last year ' s year-to-date sales of 0 . |
4 3 3 2 |
Number of Properties Sold |
3 Mo Avg |
2 |
|||
1 |
|||
1 |
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 |
14 |
15 |
16 |
17 |
Inventory & MSI The Total Inventory of Properties available for sale as of February was 15 , up 36.4 % from 11 last month and down 6.3 % from 16 in February of last year . February 2017 Inventory was at its lowest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 15.0 months was at its highest level compared with February of 2016 and 2015 .
|
25 20 15 10 5 0 |
25
20
15
10
13
5
16
15 13
16
17 15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
16
17
17 17 17
17
17
16
16
16 16 16 16
20 20
16
16
20
20
22 22
22
21
22
18 18
21
18
16 16 16
17
16
12
16 16
17
12 15 14
0
0.0 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
14 M J J A S O N D J F M
15
A M J J A S O N D J F M 16 A M J J A S O N D J F
17 14
15 16
17
18
16
16
16
17
16
16
16
17
13
15
14
14
10
13
9
14
11
15
10
9
20.0
|
15.0
10.0
11
5.0
15
|
20.0
15.0
10.0
5.0
0.0
|
20 | c o l d w e l l b a n k e r h o m e s . c o m |