CAR ARCHIVED June 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
$ 359,655
5 %
26 %
Average List Price of all Current Listings
$ 522,119
0 %
24 %
June Median Sales Price
$ 243,813
-2%
8 %
10 %
13 %
$ 217,300
2 %
1 %
June Average Sales Price
$ 329,908
6 %
12 %
8 %
18 %
$ 287,791
2 %
3 %
Total Properties Currently for Sale ( Inventory )
1,124
2 %
-12%
June Number of Properties Sold
326
29 %
14 %
1,330
7 %
June Average Days on Market ( Solds )
79
-17% -11%
1 %
-7%
89
-1%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 133
-5%
-3%
13 %
11 %
$ 135
11 %
13 %
June Sold Price per Square Foot
$ 120
4 %
6 %
6 %
11 %
$ 111
4 %
3 %
June Month ' s Supply of Inventory
3.4
-21% -19% -23% -40%
5.1
-13%
-10%
June Sale Price vs List Price Ratio
95.3 %
. 5 %
. 6 %
. 1 %
2.0 %
94.4 %
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 June Property sales were 326 , up 13.6 % from 287 in June of 2015 and 29.4 % higher than the 252 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 1,330 are running 6.8 % ahead of last year ' s year-to-date sales of 1,245 .
Prices The Median Sales Price in June was $ 243,813 , up 9.8 % from $ 222,000 in June of 2015 and down 2.5 % from $ 250,000 last month . The Average Sales Price in June was $ 329,908 , up 7.9 % from $ 305,674 in June of 2015 and up 6.1 % from $ 310,872 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
300 350
250 300
200 250
150 200
150 100 100 50 0
350 330 310 290 270 250 230 210 190 170 150
350
50 0
Number of Properties Sold
241 208 180 190 181 165 141 121 141 190 186 230 224 219 217 212 169 187 141 154 208 216 239 287 274 259 238 207 160 205 133 185 208 226 252 326
J 13
350 330 310 290 270 250 230 210 190 170 150
J 13
241
J
208 180 190 181 165
13
A
S
O N D
J
14
141
A S O N D J
121 141 190 186 230 224 219 217 212
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
169
187
3 Mo Avg
3 Mo Avg
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
F M A M J
A13S
O N D
J 14
F
14 M A M J
J
A
S
O N D
J 15
F M15A M J
J
A
S
O N D
J 16
F M
16 A M J
141 154 208 216
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
16
F M A M J
239 287 274 259 238 207 160 205 133 185 208
3 Mo Avg
226 252 326
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 1,124 , up 2.0 % from 1,102 last month and down 12.0 % from 1,277 in June of last year . June 2016 Inventory was at its lowest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 3.4 months was at its lowest level compared with June 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
1,406 1,421 1,443 1,415 1,313 1,260 1,240 1,270
J
13
1,406 1,421 1,443 1,415
1,313
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,260 1,240 1,270 1,341 1,389 1,388 1,399 1,403 1,343 1,304 1,265
1,341 1,389 1,388 1,399 1,403 1,343 1,304 1,265 1,209 1,105 1,097
1,209
1,105 1,097 1,094
1,187
1,094 1,187 1,170 1,242
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
1,050 1,067 1,117 1,022 1,102
995 1,124 1,050 1,117 1,102 1,124
0.0
A
J S
A O N
S O D
N J F
D
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 S
J
O
J
N
A
D
S O J F
N
M
D
A
J M
F
J
M A M J
13 14 14
15 15
16 16
12.0 10.0
8.0 6.0 4.0 2.0
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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