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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 |
$ 314,900 |
5 % |
25 % |
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Average List Price of all Current Listings |
$ 349,682 |
4 % |
16 % |
|||||
March Median Sales Price |
$ 194,000 |
-3% |
-1% |
2 % |
0 % |
$ 192,000 |
4 % |
-1% |
March Average Sales Price |
$ 213,750 |
-2% |
-3% |
1 % |
-1% |
$ 212,005 |
2 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
573 |
-1% |
-21% |
|||||
March Number of Properties Sold |
295 |
67 % |
4 % |
673 |
5 % |
|||
March Average Days on Market ( Solds ) |
51 -15% |
2 % |
-35% |
-7% |
52 |
-33% |
-5% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 108 |
1 % |
1 % |
9 % |
5 % |
$ 107 |
9 % |
4 % |
March Sold Price per Square Foot |
$ 103 |
3 % |
3 % |
10 % |
7 % |
$ 100 |
9 % |
4 % |
March Month ' s Supply of Inventory |
1.9 -40% -26% -24% -27% |
2.6 |
-25% |
-2% |
||||
March Sale Price vs List Price Ratio |
97.0 %
1.1 %
|
. 3 % |
1.8 % |
. 8 % |
96.4 % |
1 % |
0 % |
Property Sales |
400 |
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March Property sales were 295 , up 3.9 % from 284 in March of
2016 and 66.7 % higher than the 177 sales last month . March
350
Property
2017 sales Sales were at their highest level compared to March of 2016
400
March Property sales were 295 , up 3.9 % from 284 in March of
300 and 2015 . March YTD sales of 673 are running 4.8 % ahead of
2016 and 66.7 % higher than the 177 sales last month . March
350 last year ' s year-to-date sales of 642 .
250
2017 sales were at their highest level compared to March of 2016
300 and 2015 . March YTD sales of 673 are running 4.8 % ahead of
200
|
Number of Properties Sold |
3 Mo Avg |
|||||||||||||
last year ' s year-to-date sales of 642 . |
250
150
|
||||||||||||||
200 | |||||||||||||||
100 | |||||||||||||||
150 | |||||||||||||||
50 | |||||||||||||||
100 |
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50 |
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 |
|
0 |
14 |
15 |
16 |
17 |
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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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
3 Mo Avg
The Median Sales Price in March was $ 194,000 , up 2.0 % from
Prices
250
$ 190,245 in March of 2016 and down 3.0 % from $ 200,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in March Price was in $ March 194,000 was , up $ 213,750 2.0 % from , up
240
250
$
1.3 190,245 % from in $ March 211,074 of 2016 in March and down of 2016 3.0 and % from down $ 200,000 1.5 % from last
230 month . The Average Sales Price in March $ 213,750 , up
240
$ 217,021 last month . March 2017 ASP was at the highest level
220
1.3 % from $ 211,074 in March of 2016 and down 1.5 % from
230 compared to March of 2016 and 2015 .
210
$ 217,021 last month . March 2017 ASP was at the highest level
220
200 compared to March of 2016 and 2015 .
210
190
200
180
190
170
180
170
160
160
150
150
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
|
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 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 573 , Inventory down 0.7 % of from Properties 577 last available month for and sale down as of 20.9 March % from
1,400 was 724573 in , March down 0.7 of % last from year 577 . March last month 2017 and Inventory down 20.9 was % at from its
1,4001,200
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0 |
|||||||||||||||
724 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at . its lowest level compared with March of 2016 and 2015 . |
1,2001,000
1,000
800
|
6.0
5.0
|
|||||||||||||||
800
600
|
4.0 |
||||||||||||||||
A comparatively lower MSI is more beneficial for sellers while a
600
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial March for 2017 sellers MSI while of 1.9 a
400 higher months MSI was is better at its lowest for buyers level . The compared March with 2017 March MSI of of 1.92016 and
200 months was at its lowest level compared with March of 2016 and
200
2015 .
0
2015 .
0
A
M J
M J
14
|
J A S O N D J
F M A M J
F M A M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
3.0
2.0
1.0
0.0
J A S O N D J
F M
F M
17
|