CAR ARCHIVED June 2016 | Page 26

Union Community Information | School District

Union 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
$ 1,460,000
-3%
5 %
Average List Price of all Current Listings
$ 1,604,739
-1%
8 %
June Median Sales Price
$ 1,340,000
22 %
16 %
-2%
17 %
$ 1,200,000
3 %
4 %
June Average Sales Price
$ 1,525,424
37 %
13 %
10 %
21 %
$ 1,370,052
12 %
8 %
Total Properties Currently for Sale ( Inventory )
72
-1%
3 %
June Number of Properties Sold
11
83 %
120 %
30
88 %
June Average Days on Market ( Solds )
131
102 % 17 %
64 %
41 %
110
36 %
18 %
Asking Price per Square Foot ( based on New Listings )
$ 215
-22%
-7%
5 %
-2%
$ 225
5 %
3 %
June Sold Price per Square Foot
$ 209
13 %
8 %
7 %
9 %
$ 198
8 %
4 %
June Month ' s Supply of Inventory
6.5
-46% -32% -53% -66%
11.8
-27%
-39%
June Sale Price vs List Price Ratio
93.4 % -5.4% -4.1% 1.4 %
1.5 %
96.8 %
4 %
5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales
12
June Property sales were 11 , up 120.0 % from 5 in June of 2015
and 83.3 % higher than the 6 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 .
10
June YTD sales of 30 are running 87.5 % ahead of last year ' s yearto-date sales of 16 .
8
6
4
Number of Properties Sold
3 Mo Avg
2
Prices The Median Sales Price in June was $ 1,340,000 , down 2.2 % from $ 1,370,000 in June of 2015 and up 21.8 % from $ 1,100,000 last month . The Average Sales Price in June was $ 1,525,424 , up 9.7 % from $ 1,390,000 in June of 2015 and up 36.6 % from $ 1,116,922 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
2 10
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 13
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 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
13
14
15
16
5 2 3 3 6 1 1 5 5 6 3 4 1 1 2 1 0 3 5 0 3 5 5 4 2 6 1 3 0 3 4 6 6 11
Inventory & MSI The Total Inventory of Properties available for sale as of June was 72 , down 1.4 % from 73 last month and up 2.9 % from 70 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 6.5 months was at its lowest level compared with June of 2015 and 2014 .
80 70 60 50 40 30 20 10 0
80 70 60 50 40
56
30 20 10 0
J
13
58 56 56
58 54
56
56 54
Total Inventory & Month ' s Supply of Inventory ( MSI )
49 56 47
49 46
54
49 47
46 51
49 54
53 51 55
53 46
55
48 46 52 48
46
46
46 52
48 48
60
46
70 65
65
67 60
66
63
57 55
50
41 48 50
50 54
61 73 72
0.0
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 14 14
15 15
16 16
48 48
67
70 66 63
57 55
41 48 50
54 61
60.0
73
50.0 40.0 30.0 20.0 10.0
72
60.0 50.0 40.0 30.0 20.0 10.0 0.0
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