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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 |
$ 309,945 |
3 % |
29 % |
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Average List Price of all Current Listings |
$ 345,102 |
6 % |
18 % |
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February Median Sales Price |
$ 199,000 |
9 % |
2 % |
12 % |
3 % |
$ 188,500 |
5 % |
-3% |
February Average Sales Price |
$ 216,767 |
5 % |
-2% |
5 % |
1 % |
$ 210,737 |
3 % |
-2% |
Total Properties Currently for Sale ( Inventory ) |
548 |
3 % |
-20% |
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February Number of Properties Sold |
173 -13% |
-6% |
372 |
4 % |
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February Average Days on Market ( Solds ) |
60 |
28 % |
15 % -22% |
9 % |
53 |
-31% |
-4% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 108 |
4 % |
2 % |
10 % |
5 % |
$ 106 |
8 % |
3 % |
February Sold Price per Square Foot |
$ 100 |
3 % |
1 % |
8 % |
4 % |
$ 98 |
8 % |
2 % |
February Month ' s Supply of Inventory |
3.2 |
18 % |
24 % -15% |
18 % |
2.9 |
-27% |
9 % |
|
February Sale Price vs List Price Ratio |
95.8 % |
-. 1 % |
-. 6 % |
. 4 % |
-. 5 % |
95.8 % |
1 % |
-0% |
Property Sales |
400 |
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February Property sales were 173 , down 6.5 % from 185 in
February of 2016 and 13.1 % lower than the 199 sales last month .
350
Property
February 2017 Sales sales were at a mid level compared to February
400 of
February Property sales were 173 , down 6.5 % from 185 in
300
2016 and 2015 . February YTD sales of 372 are running 3.9 %
February of 2016 and 13.1 % lower than the 199 sales last month .
350 ahead of last year ' s year-to-date sales of 358 .
250
February 2017 sales were at a mid level compared to February of
300
2016 and 2015 . February YTD sales of 372 are running 3.9 %
200
|
Number of Properties Sold |
3 Mo Avg |
|||||||||||||
ahead of last year ' s year-to-date sales of 358 . |
250
150
|
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200 | |||||||||||||||
100 | |||||||||||||||
150 | |||||||||||||||
50 | |||||||||||||||
100 |
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50 |
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 |
|
0 |
14 |
15 |
16 |
17 |
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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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in February was $ 199,000 , up 12.4 %
Prices
250 from $ 177,000 in February of 2016 and up 9.3 % from $ 182,135
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month . Sales The Price Average in February Sales Price was in $ 199,000 February , up was 12.4 $ 216,767 %
250
,
240 from up 4.8 $ 177,000 % from in $ 206,927 February in of February 2016 and of up 2016 9.3 % and from up $ 5.5 182,135 % from
230 last month . The Average Sales Price in February was $ 216,767 ,
240
$ 205,494 last month . February 2017 ASP was at the highest
220 up 4.8 % from $ 206,927 in February of 2016 and up 5.5 % from
230 level compared to February of 2016 and 2015 .
210
$ 205,494 last month . February 2017 ASP was at the highest
220
200 level compared to February of 2016 and 2015 .
210
190
200
180
190
170
180
170
160
160
150
150
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 J |
J |
A S O N D |
J |
F |
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14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 548 , of up Properties 3.0 % from available 532 last for month sale as and of down
February
20.1 % from was 686 548 , in up February 3.0 % from of 532 last last year month . February and down 2017 20.1
Inventory % from was 686 in at February its lowest of level last compared year . February with 2017 February of
Inventory
2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 .
|
1,400
1,4001,200
1,2001,000
1,000
800
800
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0
6.0
5.0
4.0
|
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A comparatively lower MSI is more beneficial for sellers while a
600
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 3.2
400 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of of 3.22016
200 months was at its lowest level compared with February of 2016
200 and 2015 .
0 and 2015 .
0
M
A M J
A M J
14
|
J A S O N D J
F M A M J
F M A M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
3.0
2.0
1.0
0.0
J A S O N D J
F
F
17
|