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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 |
$ 179,900 |
-18% |
-20% |
|||||
Average List Price of all Current Listings |
$ 277,028 |
-6% |
4 % |
|||||
January Median Sales Price |
$ 140,000 |
10 % |
-5% -13% -11% |
$ 140,000 |
-13% |
-11% |
||
January Average Sales Price |
$ 152,339 |
-2% -22% -5% |
-25% |
$ 152,339 |
-5% |
-25% |
||
Total Properties Currently for Sale ( Inventory ) |
49 -22% |
-11% |
||||||
January Number of Properties Sold |
9 -10% |
200 % |
9 |
200 % |
||||
January Average Days on Market ( Solds ) |
112
104 % 42 %
|
12 % |
5 % |
112 |
12 % |
5 % |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 98 |
-2% |
2 % |
-7% |
-8% |
$ 98 |
-7% |
-8% |
January Sold Price per Square Foot |
$ 99 |
8 % |
0 % |
47 % |
2 % |
$ 99 |
48 % |
2 % |
January Month ' s Supply of Inventory |
5.4 -14% -22% -70% -38% |
5.4 |
-70% |
-38% |
||||
January Sale Price vs List Price Ratio |
92.4 % -5.1% -1.8% -2.7% -1.7% |
92.4 % |
-3% |
-2% |
Property Sales |
18 |
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January Property sales were 9 , up 200.0 % from 3 in January of
2016 and 10.0 % lower than the 10 sales last month . January
Property
2017 sales Sales were at their highest level compared to January of
18
January
2016 and Property
2015 . sales January were YTD 9 , up sales 200.0 of % 9 from are running
3 in January
200.0 of %
2016 and 10.0 % lower than the 10 sales last month . January
16 ahead of last year ' s year-to-date sales of 3 .
2017 sales were at their highest level compared to January of
14
2016 and 2015 . January YTD sales of 9 are running 200.0 %
12 ahead of last year ' s year-to-date sales of 3 .
|
16
14
12
10
8
|
Number of Properties Sold |
3 Mo Avg |
|||||||||||||
10 |
6 |
|||||||||||||||
8 |
4 |
|||||||||||||||
6 |
2 |
|||||||||||||||
4 |
0 |
|||||||||||||||
2 |
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 |
|||
0 |
14 |
15 |
16 |
17 |
||||||||||||
F
M A M J
Prices
14
The Median Sales Price in January was $ 140,000 , down 12.5 %
Prices
350 from $ 160,000 in January of 2016 and up 9.6 % from $ 127,750
The last Median month . Sales The Price Average in January Sales Price was $ in 140,000 January , down was $ 12.5 152,339 % ,
350
300 from down $ 160,000 4.6 % from in January $ 159,700 of in 2016 January and up of 9.6 2016 % from and $ down 127,750 2.3 %
|
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
|
||||||||||||||
last from month $ 155,940 . The Average last month Sales . January Price in January 2017 ASP was was $ 152,339 at a mid , down range 4.6 compared % from $ 159,700 to January in January of 2016 of and 2016 2015 and . down 2.3 % from $ 155,940 last month . January 2017 ASP was at a mid range compared to January of 2016 and 2015 . |
300
250
250
200
|
|||||||||||||||
200
150
|
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 |
||||||
14 |
15 |
16 |
17 |
|||||||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 49 , down of Properties 22.2 % from available 63 last for month sale as and of down
120
January
10.9 % from was 49 55 , down in January 22.2 % of from last 63 year last . January month and 2017 down Inventory
120
100
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
120.0 |
||||||||||||||||
10.9 was % at from its lowest 55 in January level compared of last year with . January 2017 of 2016 Inventory and
2015100 . was at its lowest level compared with January of 2016 and 2015 .
80
|
80
60
|
100.0
80.0
|
||||||||||||||||
60
A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of a 5.4
40 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of of 5.42016
20 months and 2015 was
. at its lowest level compared with January of 2016 and 2015 .
0
|
40
20
0
F
M A M J
M 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
|
60.0
40.0
20.0
0.0
J A S O N D J
17
|
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 |
14 |
15 |
16 |
17 |