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 |
$ 169,900 |
6 % |
|
22 % |
|
|
|
|
Average List Price of all Current Listings |
$ 235,448 |
-0% |
|
12 % |
|
|
|
|
July Median Sales Price |
$ 137,500 |
-9% |
0 % |
3 % |
15 % |
$ 132,000 |
11 % |
10 % |
July Average Sales Price |
$ 156,825 |
-14% |
-1% |
-4% |
10 % |
$ 152,950 |
11 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
528 |
-3% |
|
-31% |
|
|
|
|
July Number of Properties Sold |
96 |
-33% |
|
-18% |
|
743 |
10 % |
|
July Average Days on Market ( Solds ) |
76 |
-10% -16% -29% -33% |
98 |
-20% |
-14% |
Asking Price per Square Foot ( based on New Listings ) |
$ 88 |
0 % |
-2% |
13 % |
7 % |
$ 87 |
6 % |
6 % |
July Sold Price per Square Foot |
$ 81 |
-9% |
0 % |
2 % |
11 % |
$ 78 |
8 % |
7 % |
July Month ' s Supply of Inventory |
5.5 |
46 % |
25 % -15% -28% |
5.8 |
-27% |
-24% |
July Sale Price vs List Price Ratio |
92.7 % |
-. 9 % |
. 7 % |
2.2 % |
4.6 % |
90.9 % |
2 % |
3 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Rowan
Agent Name
Title Phone Website Other
Community Information | School District
3 Mo Avg
Property Sales July Property sales were 96 , down 17.9 % from 117 in July of 2015 and 33.3 % lower than the 144 sales last month . July 2016 sales were at a mid level compared to July of 2015 and 2014 . July YTD sales of 743 are running 9.9 % ahead of last year ' s yearto-date sales of 676 .
Prices The Median Sales Price in July was $ 137,500 , up 2.6 % from $ 134,000 in July of 2015 and down 9.0 % from $ 151,025 last month . The Average Sales Price in July was $ 156,825 , down 4.5 % from $ 164,200 in July of 2015 and down 14.1 % from $ 182,550 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
140
160 120
140 100
120 80
100 60
80 40
60
20 40 20 0
110 90 70 50
160
0
Number of Properties Sold
88 75 90 66 78 52 55 86 101 88 88 84 96 76 95 69 94 66 69 93 114 112 105 117 118 118 104 78 89 70 70 98 127 138 144 96
A 13
190
190 170
170 150
150 130
130 110 90 70
88
A
75 90 66 78
52 55 86 101 88 88 84 96 76 95 69
14 |
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F M A M J |
J |
A |
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J |
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15 |
15 |
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F M A M J |
J |
A |
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O N D |
J |
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16 |
Median Sales Price and Average Sales Price
94
3 Mo Avg
3 Mo Avg
50 |
A |
S |
O N D |
J |
F M A M J |
J |
A |
S |
O N D |
J |
F M A M J |
J |
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F M A M J |
A 13 |
S13O N D |
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F
14 M A M J
|
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A |
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J 15 |
F M15A M J |
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J 16 |
F M
16 A M J
|
J |
66 69
S |
O N D |
J |
F M A M J |
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A |
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O N D |
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F M A M J |
J |
A |
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O N D |
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F M A M J |
J |
|
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|
16 |
|
|
F M A M J |
J |
93 114 112 105 117 118 118 104 78 89 70 70 98 127 138 144 96
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 528 , down 2.9 % from 544 last month and down 30.5 % from 760 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 5.5 months was at its lowest level compared with July of 2015 and 2014 .
1,000 1,000
800 800
600 600
400 400
200
200 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
830
819 867 846 819 793 793 792 789 823 865 888 874 845 866 837 775 771
712
A
13
830
819 867 846 819 793 793 792 789 823 865 888 874 845 866 837 775 771 712 726 708 738 744 760 768 763 732 681
726 708 738 744 760 768 763 732 681 640 599 598 568 640 599 598 568 584 548
584 548 544 528
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
F M A M J
0 S
A O
S N
O D
N J
D F M
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F M
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S O J F
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J M J J
13 14 14
15 15
16 16
544 528
J
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
24 | c o l d w e l l b a n k e r h o m e s . c o m