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 |
$ 1,349,500 |
-2% |
-10% |
|||||
Average List Price of all Current Listings |
$ 1,581,246 |
-3% |
-5% |
|||||
June Median Sales Price |
$ 1,048,000 |
0 % |
-10% |
$ 1,049,000 |
-10% |
-10% |
||
June Average Sales Price |
$ 1,047,667 |
-6% |
-10% |
$ 1,110,500 |
-5% |
-5% |
||
Total Properties Currently for Sale ( Inventory ) |
24 |
0 % |
26 % |
|||||
June Number of Properties Sold |
3 |
4 |
300 % |
|||||
June Average Days on Market ( Solds ) |
60 |
-43% |
-45% |
105 |
-24% |
-4% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 201 |
-25% -16% |
7 % |
-16% |
$ 239 |
11 % |
0 % |
|
June Sold Price per Square Foot |
$ 225 |
4 % |
53 % |
11 % |
$ 217 |
-5% |
7 % |
|
June Month ' s Supply of Inventory |
8.0 |
0 % |
-41% |
0 % |
-56% |
13.5 |
-16% |
-25% |
June Sale Price vs List Price Ratio |
96.8 % |
1.0 % |
8.3 % |
95.9 % |
7 % |
7 % |
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 |
13 |
14 |
15 |
16 |
Inventory & MSI The Total Inventory of Properties available for sale as of June was 24 , equal to 24 last month and up 26.3 % from 19 in June of last year . June 2016 Inventory was at its highest 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 8.0 months was at its highest level compared with June of 2015 and 2014 .
|
30 25 20 15 10 5 0 |
30
25
20
15
10
15
5
16 15
15
19
16
19
15
19
Total Inventory & Month ' s Supply of Inventory ( MSI )
16
19
16 15
15 15
15 14
16 15
15 17 16
16 17
17 16
15 15
14
17
19 17
17
17
14
19
16
17 18
22
16
18
19 18
19
19 18
19
16
19 19
20
16 17
19
19 21
0 0.0
J A JS AO SN OD NJ
DF MJ AF M JA MJ AJ SJ OA NS DO J NF DM JA FM MJ AJ MA JS OJ AN DS OJ
FN MD AJ MF JM A M J
13 13 14 14
15 15
16 16
14
22
19
19
19
19
20
19
24 24
17
21
19
20.0
15.0
24
10.0
5.0
24
|
20.0
15.0
10.0
5.0
0.0
|
|
10 | c o l d w e l l b a n k e r h o m e s . c o m |