CAR ARCHIVED July 2016 | Page 18

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
$ 345,200
-3%
19 %
Average List Price of all Current Listings
$ 518,114
0 %
21 %
July Median Sales Price
$ 240,000
-1%
2 %
13 %
12 %
$ 220,250
3 %
2 %
July Average Sales Price
$ 324,989
0 %
5 %
8 %
16 %
$ 292,679
3 %
5 %
Total Properties Currently for Sale ( Inventory )
1,108
-4%
-12%
July Number of Properties Sold
239
-31%
-13%
1,588
5 %
July Average Days on Market ( Solds )
72
-6%
-12%
-9%
-15%
86
-2%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 127
-3%
-4%
5 %
6 %
$ 133
10 %
11 %
July Sold Price per Square Foot
$ 120
1 %
4 %
12 %
11 %
$ 113
6 %
5 %
July Month ' s Supply of Inventory
4.6
39 %
13 %
1 %
-19%
5.1
-12%
-11%
July Sale Price vs List Price Ratio
95.2 %
-. 1 %
. 2 %
2.3 %
1.9 %
94.5 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

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Community Information | School District

Property Sales July Property sales were 239 , down 12.8 % from 274 in July of 2015 and 30.5 % lower than the 344 sales last month . July 2016 sales were at a mid level compared to July of 2015 and 2014 . July YTD sales of 1,588 are running 4.5 % ahead of last year ' s year-to-date sales of 1,519 .
Prices The Median Sales Price in July was $ 240,000 , up 13.1 % from $ 212,145 in July of 2015 and down 0.7 % from $ 241,573 last month . The Average Sales Price in July was $ 324,989 , up 8.5 % from $ 299,616 in July of 2015 and up 0.0 % from $ 324,911 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 1,108 , down 3.6 % from 1,149 last month and down 11.7 % from 1,255 in July of last year . July 2016 Inventory was at its lowest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 4.6 months was at a mid level compared with July of 2015 and 2014 .
400
350
Number of Properties Sold
3 Mo Avg
400
300
350
250
300
200
250
150
200
100
150
100
50
50
0
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
0
13
14
15
16
A
S
13
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
14
Median Sales Price
15 and Average Sales Price
16
J
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
208 180 190 181 165
208 180 190 181 165 141 121 141 190 186 230 224 219 217 212 169 187 141 154 208 216 239 287 274 259 238 207 160 205 133 185 208 226 253 344 239
350
330
350
310
330
290
310
270
290
270
250
250
230
230
210
210
190
190
170
170
150
150
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
S13O N D
J
F
14 M A M J
J
A
S
O N D
J
F M15A M J
J
A
S
O N D
J
F M
16 A M J
J
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,600
12.0
1,6001,400
1,400
1,200
12.0
10.0
10.0
1,200
1,000
1,000
8.0
800
800
6.0
600
600
400
4.0
400
200
200
2.0
0
0
0.0
A
S
A O
S N
O D
N
J
D
F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O
J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
N
A
D
S O
J
F
N
M
D
A
J M
F
J
M
J
A M J
13
13
14
14
15
15
16
16
J
8.0
6.0
4.0
2.0
0.0
1,421 1,443 1,415 1,313 1,260
1,421 1,443 1,415 1,313 1,260 1,240 1,270 141 121 141 190 186 230 224 219 217 212
1,341 1,389 1,388 1,399 1,403 1,343 1,304 1,265
1,341 1,240
1,389 1,270 1,388 1,399 1,403 1,343 1,304 1,265 1,209
1,105
1,097 169 187 141 154
1,209 1,105 1,097 1,094
1,187
1,094 1,187 1,170 1,242
208 216 239 287 274 259 238 207
1,170 1,242 1,277 1,255 1,246 1,236 1,224 1,133
1,277 1,255 1,246 1,236 1,224 1,133 1,067 1,022 995
160 205 133 185
1,050 1,119 1,107 1,149 1,108 208 226 253
1,067 1,022 995 1,050 1,119 1,107 1,149 1,108
3 Mo Avg
344 239
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