CAR ARCHIVED February 2017 | 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
$ 1,500,000
-7%
18 %
Average List Price of all Current Listings
$ 2,013,279
-4%
11 %
February Median Sales Price
$ 0
-100%
-100%
$ 1,275,000
0 %
20 %
February Average Sales Price
$ 0
0 %
-100%
$ 0
0 %
-100%
Total Properties Currently for Sale ( Inventory )
7
17 %
-13%
February Number of Properties Sold
0
0
0 %
February Average Days on Market ( Solds )
0
0 %
-100%
0
0 %
-100%
Asking Price per Square Foot ( based on New Listings )
$ 263
0 %
2 %
-16%
6 %
$ 263
-16%
6 %
February Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
0 %
-100%
February Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
0.0
0 %
-100%
February Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
0.0 %
0 %
-100%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 0 , up from 0 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 0 are running ahead of last year ' s year-to-date sales of 0 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 0 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 0 , up from $ 0 in February of 2016 and up from $ 0 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
0
-1
4,000 3,500 3,000
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
Median Sales Price and Average Sales Price
3 Mo Avg
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 0 0
3 Mo Avg
2,500 2,000 1,500 1,000
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 7 , up 16.7 % from 6 last month and down 12.5 % from 8 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 0.0 months was at its highest level compared with February of 2016 and 2015 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8
12 12
6 4 2 0
M 14
12 14
12 14 14 13
14
Total Inventory & Month ' s Supply of Inventory ( MSI )
10 13
9 10
11 9
10
11 10 9 9
9 9 9 9
9 7
9
8
8
9 7 9
9 9
7
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 A 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 15
16 17
7
7 7 7 7 7 7
8
7
8 7
8 7
8 7
8
6 6
8 4
6 5
6
4
5 4 5
4
7
5 6
6 5 5
6
12.0 10.0
8.0 6.0 4.0
6
2.0
7
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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