Market Action Report
July 2017
County: Berkeley
BERKELEY
Market Action Report
Agent Name
July 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,374,000
2%
2%
Community
Information | School District
County: Berkeley
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,605,488 Trending
2%
4%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,210,000
-4% 0% 1%
-6% YTD
$1,225,000
-5%
-5%
$1,374,000 2%
2%
$1,521,667 19% 4% 24% 9% $1,450,274
4%
3%
$1,605,488 2%
4%
61 -3%
15%
$1,210,000 -4% 0% 1% -6% $1,225,000
-5%
-5%
9 50%
200%
41
28%
$1,521,667 19% 4% 24% 9% $1,450,274
4%
3%
97 106% -8%
95 -10%
-6%
61 -3%
15% 143% -4%
$379
24%
11%
20%
4%
$348
1%
-4%
9 50%
200%
41
28%
July
Sold
Price
per
Square
Foot
$300
-11%
-7%
6%
-9%
$317
-5%
July Average Days on Market (Solds)
97 106% -8% 143% -4%
95 -10%
-6% -4%
July
Month's
Supply
of
Inventory
6.8
-35%
-17%
-62%
-35%
9.7
-13%
Asking Price per Square Foot (based on New Listings)
$379 24% 11% 20% 4%
$348
1%
-4% -7%
July Sold
Sale Price
Price per
vs Square
List Price
Ratio
1%
July
Foot
$300 93.5%
-11% -3.8%
-7% -1.9%
6% -4.4%
-9% -.5% $317 95.2%
-5% 2% -4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Month's Supply of Inventory
6.8 -35% -17% -62% -35%
9.7 -13%
-7%
of 95.2%
Properties
July Sale Price vs List Price Ratio
93.5% -3.8% -1.9% -4.4% Number
-.5%
2% Sold 1%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median Sales Price
Median List Price of all Current Listings
July Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
July Median Sales Price
July Number of Properties Sold
July Average Sales Price
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
7
6
5
4
3
4
2
3
5
3 Mo Avg
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
60.0
50.0
50.0
60.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
80
The
Inventory
Properties
for up
sale 15.1%
as of from
July 53 in
was Total
61, down
3.2% of from
63 last available
month and
80 70
was
61, of down
3.2% from
63 last
month and
up at 15.1%
from 53 level
in
July
last year.
July 2017
Inventory
was
its highest
70 60
July
of last year.
Inventory
was at its highest level
compared
with July
July 2017
of 2016
and 2015.
compared with July of 2016 and 2015.
60 50
50 40
40
30
A comparatively lower MSI is more beneficial for sellers while a 30
20
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The July 2017 MSI of 6.8
20
higher MSI is better for buyers. The July 2017 MSI of 6.8
10
months was at a mid level compared with July of 2016 and 2015.
months was at a mid level compared with July of 2016 and 2015. 10
0
Median Sales Price and Average Sales Price
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 S 14
O N D J F 15
M A M J J A S O N D J F M 1