CAR ARCHIVED March 2017 | Page 6

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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
$ 1,275,000
1 %
2 %
Average List Price of all Current Listings
$ 1,382,094
1 %
-11%
March Median Sales Price
$ 1,167,641
0 %
-1%
$ 1,167,641
0 %
-1%
March Average Sales Price
$ 1,167,641
-8%
-13%
$ 1,167,641
0 %
-13%
Total Properties Currently for Sale ( Inventory )
25
14 %
14 %
March Number of Properties Sold
2
2
0 %
March Average Days on Market ( Solds )
22
-73%
-89%
22
0 %
-89%
Asking Price per Square Foot ( based on New Listings )
$ 198
-24% -15% -15% -22%
$ 231
-1%
-9%
March Sold Price per Square Foot
$ 173
-6%
-24%
$ 173
0 %
-24%
March Month ' s Supply of Inventory
12.5
0 %
0 %
0 %
-2%
12.5
0 %
-2%
March Sale Price vs List Price Ratio
75.9 %
-11.9%
-19.1%
75.9 %
0 %
-19%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales March Property sales were 2 , up from 0 in March of 2016 and higher than the 0 sales last month . March 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 2 are running ahead of last year ' s year-to-date sales of 0 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in March was $ 1,167,641 , up from $ 0 in March of 2016 and up from $ 0 last month . The Average Sales Price in March was $ 1,167,641 , up from $ 0 in March of 2016 and up from $ 0 last month . March 2017 ASP was at the highest level compared to March of 2016 and 2015 .
0 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 A S O N D J F M
-1 14 15
16
17 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
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
A S O N D
J
F M
14
15
16
17
0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 3 2 0 0 0 0 2 0 0 2
Inventory & MSI The Total Inventory of Properties available for sale as of March was 25 , up 13.6 % from 22 last month and up 13.6 % from 22 in March of last year . March 2017 Inventory was at its highest level compared with March of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2017 MSI of 12.5 months was at its highest level compared with March of 2016 and 2015 .
30 25 20 15 10 5 0
30
25
20
15
10
15 15
5
17
16 15
15 17
16 16 17
17 16
Total Inventory & Month ' s Supply of Inventory ( MSI )
17 19
17
17
19
14
17 18
16
14
22
16 18
22
19
18 19
19 18 19
19
19
16
19
19
19
19
21 19
18
22 21
19
20 18
25 25
22 24 24
22 22
21 21
22
22 21
0 0.0
A M AJ MJ JA JS AO NS OD NJ FD MJ
AF M JA JM AJ S J OAN SDOJ NF DM JA FM MJ AJ MA SJ OJ NA DS JO FN MD J F M
14 14
15 15
16 16
17 17
16
20
25
25
24
24
22
22
25
21
22
25.0
20.0
22
15.0
10.0
5.0
25
25.0 20.0 15.0 10.0 5.0 0.0
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