CAR ARCHIVED January 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
$ 1,620,000
0 %
30 %
Average List Price of all Current Listings
$ 2,098,825
0 %
16 %
January Median Sales Price
$ 0
-100%
-100%
$ 1,250,000
0 %
17 %
January Average Sales Price
$ 0
0 %
-100%
$ 0
0 %
-100%
Total Properties Currently for Sale ( Inventory )
6
0 %
-14%
January Number of Properties Sold
0
0
0 %
January Average Days on Market ( Solds )
0
0 %
-100%
0
0 %
-100%
Asking Price per Square Foot ( based on New Listings )
$ 0
-100% -100%
0 %
-100%
$ 0
0 %
-100%
January Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
0 %
-100%
January Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
0.0
0 %
-100%
January 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 January Property sales were 0 , up from 0 in January of 2016 and higher than the 0 sales last month . January 2017 sales were at their lowest level compared to January of 2016 and 2015 . January 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 January was $ 0 , up from $ 0 in January of 2016 and up from $ 0 last month . The Average Sales Price in January was $ 0 , up from $ 0 in January of 2016 and up from $ 0 last month . January 2017 ASP was at a mid range compared to January of 2016 and 2015 .
0 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 -1
3 Mo Avg
4,000 3,500 3,000
Median Sales Price and Average Sales Price
3 Mo Avg
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 0
2,500 2,000 1,500 1,000
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 The Total Inventory of Properties available for sale as of January was 6 , equal to 6 last month and down 14.3 % from 7 in January of last year . January 2017 Inventory was at its lowest level compared with January of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The January 2017 MSI of 0.0 months was at a mid level compared with January of 2016 and 2015 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8 6
10
4 2 0
F
14
12 12 10
12 14
12 14 14
Total Inventory & Month ' s Supply of Inventory ( MSI )
13 14 10
13
9 10
11 9
10
11 10 9 9
9 9 9 9
9
7 9
8 9 7 9 8 9 9
0.0 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
M 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 14
15 16
17 15
16
17
7 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
5 6
6 5 5
12.0 10.0
8.0 6.0 4.0
6
2.0
6
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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