Trending versus *: |
Trending versus *: |
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Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 350,000 |
0 % |
31 % |
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Average List Price of all Current Listings |
$ 441,045 |
1 % |
27 % |
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June Median Sales Price |
$ 235,750 |
13 % |
1 % |
-7% |
7 % |
$ 232,000 |
4 % |
5 % |
June Average Sales Price |
$ 273,808 |
11 % |
2 % |
-12% |
5 % |
$ 269,332 |
1 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
389 |
0 % |
-25% |
|||||
June Number of Properties Sold |
136 |
36 % |
36 % |
491 |
18 % |
|||
June Average Days on Market ( Solds ) |
56 |
-32% -31% -29% -38% |
86 |
-15% |
-4% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 123 |
-5% |
-5% |
7 % |
4 % |
$ 127 |
8 % |
8 % |
June Sold Price per Square Foot |
$ 119 |
11 % |
5 % |
4 % |
10 % |
$ 113 |
6 % |
5 % |
June Month ' s Supply of Inventory |
2.9 |
-26% -20% -45% -56% |
5.7 |
-25% |
-12% |
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June Sale Price vs List Price Ratio |
95.5 % |
. 5 % |
. 7 % |
. 4 % |
1.7 % |
94.8 % |
1 % |
1 % |
160 |
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Property Sales
June Property sales were 136 , up 36.0 % from 100 in June of 2015 and 36.0 % higher than the 100 sales last month . June
2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 491 are running 17.7 % ahead of last year ' s year-to-date sales of 417 .
|
140
160
120
140
100
120
80
100
|
Number of Properties Sold |
3 Mo Avg |
||||||||||||||||||||||||||||||||||||||||||
80 |
60 |
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60 |
40 |
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40 |
20 |
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20 |
0 |
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 |
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0 |
13 |
14 |
15 |
16 |
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J
A
13
|
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
14
Median Sales Price
15 and Average Sales Price
16
|
3 Mo Avg |
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Prices
The Median Sales Price in June was $ 235,750 , down 6.9 % from
$ 253,250 in June of 2015 and up 12.7 % from $ 209,250 last month . The Average Sales Price in June was $ 273,808 , down
11.7 % from $ 309,923 in June of 2015 and up 10.9 % from
$ 246,994 last month . June 2016 ASP was at the lowest level compared to June of 2015 and 2014 .
|
350
330
350
310
330
290
310
270
290
270
250
250
230
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||||||||||||||||||||||||||||||
230
210
|
|||||||||||||||||||||||||||||||||||||||||||||
210
190
|
|||||||||||||||||||||||||||||||||||||||||||||
190
170
|
|||||||||||||||||||||||||||||||||||||||||||||
170
150
|
|||||||||||||||||||||||||||||||||||||||||||||
150 |
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 |
|||||||||||||||||||||||||||
J |
A13S |
O 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
|
|||||||||||||||||||||||||||||
13 |
14 |
15 |
16 |
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Total Inventory & Month ' s Supply of Inventory ( MSI ) | |||||||||||||||||||||||||||||||||||||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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The Total Inventory of Properties available for sale as of June was 389 , up 0.3 % from 388 last month and down 24.8 % from
517 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 2.9 months was at its lowest level compared with June of 2015 and
2014 .
|
700
700
12.0
600
600
500
10.0
500
400
8.0
400
300
6.0
300
200
4.0
200
100
100
2.0
0
0
0.0
J
A
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
F
J
M A M J
13
13
14
14
15
15
16
16
|
12.0
10.0
8.0
6.0
4.0
2.0
0.0
|