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
$ 1,444,777
-7%
-4%
Average List Price of all Current Listings
$ 1,849,453
-2%
-2%
June Median Sales Price
$ 1,490,000
19 %
11 %
15 %
13 %
$ 1,339,286
1 %
1 %
June Average Sales Price
$ 1,394,658
-3%
1 %
-4%
-10%
$ 1,515,318
5 %
-2%
Total Properties Currently for Sale ( Inventory )
103
0 %
39 %
June Number of Properties Sold
12
100 %
33 %
34
13 %
June Average Days on Market ( Solds )
149
51 %
10 % 414 %
25 %
150
44 %
26 %
Asking Price per Square Foot ( based on New Listings )
$ 252
-26% -25% -14% -13%
$ 323
11 %
11 %
June Sold Price per Square Foot
$ 252
-19% -10%
9 %
-1%
$ 286
15 %
13 %
June Month ' s Supply of Inventory
8.6
-50% -38%
4 %
-60%
19.6
-7%
-10%
June Sale Price vs List Price Ratio
91.2 % -3.4% -1.6% -3.6%
. 1 %
92.1 %
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

3 Mo Avg
Property Sales
14 June Property sales were 12 , up 33.3 % from 9 in June of 2015 and 100.0 % higher than the 6 sales last month . June 2016 sales 12 were at their highest level compared to June of 2015 and 2014 . June YTD sales of 34 are running 13.3 % ahead of last year ' s yearto-date sales of 30 .
10 8
14 12 10 8 6
Number of Properties Sold
3 Mo Avg
6
4
4
2
Prices The Median Sales Price in June was $ 1,490,000 , up 14.6 % from $ 1,300,000 in June of 2015 and up 19.2 % from $ 1,250,000 last month . The Average Sales Price in June was $ 1,394,658 , down 4.2 % from $ 1,455,944 in June of 2015 and down 2.9 % from $ 1,435,639 last month . June 2016 ASP was at the lowest level compared to June of 2015 and 2014 .
2 0
0
J 13
7
J
5 3 0 3 5
13
A
S
O N D
J
14
3
A S O N D J
1 2 6 5 4 4 7 4 6 0
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
3 Mo Avg
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
3,000
2,800
2,8002,600
2,6002,400
2,4002,200
2,2002,000
2,0001,800
1,8001,600
1,6001,400
1,4001,200
1,2001,000
1,000
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 A16M J
13
14
15
16
2 1 3 5 6
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
6 9 7 2 3 4 2 6 2 4
7 5 3 0 3 5 3 1 2 6 5 4 4 7 4 6 0 2 1 3 5 6 6 9 7 2 3 4 2 6 2 4 4 6 6
4 12
6 6 12
Inventory & MSI The Total Inventory of Properties available for sale as of June was 103 , equal to 103 last month and up 39.2 % from 74 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 8.6 months was at a mid level compared with June of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
120
70.0
100
100
60.0
80
80
50.0
60
40
60
40
40.0
30.0
20.0
20
20
10.0
0
0
0.0
J
A JS AO SN OD
NJ
DF
MJ
AF M JA JM AJ
SJ
OA NS DO
J
NF DM JA FM MJ
AJ
MA JS
OJ
NA DS
OJ FN MD
AJ
MF
JM A M J
13
13
14
14
15
15
16
16
77
75
78 77
75 75 78 65
75 60
65
57 60 59
70 57
80 59
86 70
86
80 89 87
89
83 87
88 87 83 88
78
66 87
78
58
59 66 73 75
58
76
74 73
72 75
75 76
71 74 72
59
67 75
71 71
67 74
71 71
66
84
66 95 103 103
74 71
84 95 103 103
70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
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