CAR ARCHIVED July 2016 | Page 26

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
$ 399,900
0 %
27 %
Average List Price of all Current Listings
$ 504,583
1 %
23 %
July Median Sales Price
$ 256,000
-9%
-5%
5 %
9 %
$ 254,900
8 %
8 %
July Average Sales Price
$ 317,297
-9%
-4%
1 %
9 %
$ 315,863
8 %
9 %
Total Properties Currently for Sale ( Inventory )
1,067
-2%
-15%
July Number of Properties Sold
403
-13%
-0%
2,319
5 %
July Average Days on Market ( Solds )
43
-14% -17% -27% -37%
58
-17%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 122
-2%
-2%
8 %
7 %
$ 122
8 %
7 %
July Sold Price per Square Foot
$ 112
-4%
-1%
4 %
6 %
$ 111
7 %
6 %
July Month ' s Supply of Inventory
2.6
12 %
7 %
-15% -32%
3.4
-17%
-13%
July Sale Price vs List Price Ratio
97.5 %
. 1 %
. 1 %
2.2 %
2.0 %
96.9 %
2 %
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

3 Mo Avg
Property Sales July Property sales were 403 , down 0.2 % from 404 in July of 2015 and 13.0 % lower than the 463 sales last month . July 2016 sales were at a mid level compared to July of 2015 and 2014 . July YTD sales of 2,319 are running 5.4 % ahead of last year ' s year-to-date sales of 2,200 .
Prices The Median Sales Price in July was $ 256,000 , up 4.7 % from $ 244,450 in July of 2015 and down 8.5 % from $ 279,900 last month . The Average Sales Price in July was $ 317,297 , up 0.9 % from $ 314,348 in July of 2015 and down 9.5 % from $ 350,543 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
500 450
500 400
450 350
400 300
350 250 300
200
250 150
200 100
150 50
100
0 50 0 A 13
400 350
350 300
300 250
250
200
346 254 264 253 280
Number of Properties Sold
346 254 264 253 280 191 184 262 277 282 431 389 406 329 311 238 286 178 203 308 308 365 434 404 358 325 301 233 296 172 203 303 349 426 463 403
400
A
13
S
O N D
J
14
191 184 262 277 282 431 389 406 329 311 238
14
F M A M J
J
A
S
O N D
J
15
15
F M A M J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
200
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
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
286 178 203
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
16
F M A M J
J
308 308 365 434 404 358 325 301 233 296 172 203 303 349 426 463 403
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 1,067 , down 2.3 % from 1,092 last month and down 15.0 % from 1,256 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 2.6 months was at its lowest level compared with July of 2015 and 2014 .
1,600 1,6001,400
1,400 1,200
1,200 1,000
1,000 800
800 600
600 400
400 200
200 0
0
1,454 1,444 1,407
1,314
1,230
A
13
1,454 1,444 1,407
1,314
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,230 1,223 1,246
1,223 1,246 1,318 1,370
1,414 1,476 1,418 1,416 1,325 1,263
1,414 1,318
1,476 1,370 1,418 1,416 1,325 1,263
1,181 1,084
1,181 1,084 1,082 1,094 1,147 1,214
1,082 1,094 1,147 1,214 1,234 1,227
1,234 1,227 1,256
1,256 1,196 1,166 1,119 1,051 934 944 936 971 1,014 1,044 1,092 1,067
8.0 7.0 6.0 5.0
1,196 1,166 1,119 1,051 934 944 936 971 1,014 1,044
4.0 3.0 2.0 1.0 0.0
F M A M J 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 J J
13 14 14
15 15
16 16
1,092 1,067
J
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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