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 % |
|
23 % |
|
|
|
|
Average List Price of all Current Listings |
$ 241,165 |
4 % |
|
15 % |
|
|
|
|
June Median Sales Price |
$ 150,050 |
10 % |
11 % |
21 % |
25 % |
$ 131,500 |
13 % |
10 % |
June Average Sales Price |
$ 180,680 |
25 % |
17 % |
35 % |
27 % |
$ 151,915 |
14 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
529 |
-2% |
|
-29% |
|
|
|
|
June Number of Properties Sold |
143 |
4 % |
|
36 % |
|
646 |
16 % |
|
June Average Days on Market ( Solds ) |
83 |
-27% -17% -30% -27% |
101 |
-19% |
-11% |
Asking Price per Square Foot ( based on New Listings ) |
$ 89 |
1 % |
-2% |
7 % |
9 % |
$ 88 |
6 % |
7 % |
June Sold Price per Square Foot |
$ 89 |
16 % |
12 % |
25 % |
22 % |
$ 78 |
10 % |
7 % |
June Month ' s Supply of Inventory |
3.7 |
-5% |
-9% |
-48% -52% |
5.8 |
-30% |
-24% |
June Sale Price vs List Price Ratio |
93.5 % |
3.3 % 2.3 % 5.6 % |
5.5 % |
90.7 % |
2 % |
2 % |
* 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 June Property sales were 143 , up 36.2 % from 105 in June of 2015 and 3.6 % higher than the 138 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 646 are running 15.6 % ahead of last year ' s year-to-date sales of 559 .
Prices The Median Sales Price in June was $ 150,050 , up 21.0 % from $ 124,000 in June of 2015 and up 10.3 % from $ 136,000 last month . The Average Sales Price in June was $ 180,680 , up 35.0 % from $ 133,885 in June of 2015 and up 24.8 % from $ 144,734 last month . June 2016 ASP was at the highest level compared to June 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
94 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 98 127 138 143
J 13
190
190 170
170 150
150 130
130 110 90 70
94
J
88 75 90 66 78
52
A S O N D J
55 86 101 88 88 84 96 76 95
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
69
3 Mo Avg
3 Mo Avg
50 |
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 13 |
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
|
94 66 69 93 114
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 |
112 105 117 118 118 104 78 89 70 70 98 127 138 143
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 529 , down 1.9 % from 539 last month and down 28.9 % from 744 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 3.7 months was at its lowest level compared with June 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 )
845 830 819 867 846 819 793 793 792 789 823 865 888 874 845 866 837 775 771
712
J
13
845 830 819 867 846 819 793 793 792 789 823 865 888 874 845 866 837 775 771 712 726 708 738 744 760 768 763 732 680
726 708 738 744 760 768 763 732 680 638 597 596 565 638 597 596 565 580
580 539 529
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 J
13 14 14
15 15
16 16
18.0 16.0 14.0 12.0 10.0
539
529
8.0 6.0 4.0 2.0 0.0
F M A M 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