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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 |
$ 429,480 |
2 % |
9 % |
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Average List Price of all Current Listings |
$ 526,333 |
1 % |
7 % |
|||||
October Median Sales Price |
$ 270,000 |
-2% |
-7% |
-1% |
4 % |
$ 289,500 |
12 % |
11 % |
October Average Sales Price |
$ 317,665 |
-5% |
-9% |
-4% |
-1% |
$ 345,491 |
8 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
849 |
-9% |
-14% |
|||||
October Number of Properties Sold |
272 -23% |
-20% |
3,289 |
-5% |
||||
October Average Days on Market ( Solds ) |
41 |
5 % |
0 % |
-18% -28% |
50 |
-11% |
-12% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 131 |
2 % |
0 % |
7 % |
8 % |
$ 128 |
6 % |
6 % |
October Sold Price per Square Foot |
$ 119 |
-1% |
-1% |
2 % |
5 % |
$ 119 |
6 % |
5 % |
October Month ' s Supply of Inventory |
3.1 |
17 % |
13 % |
8 % |
-1% |
2.9 |
-11% |
-9% |
October Sale Price vs List Price Ratio |
98.1 %
1.2 %
|
. 6 % |
1.2 % 1.2 % |
97.3 % |
0 % |
0 % |
||
Property Sales |
500 |
||||||||||||||||
|
October Property sales were 272 , down 20.5 % from 342 in
450
October of 2016 and 22.7 % lower than the 352 sales last month .
Property
October 2017 Sales sales were at their lowest level compared to
500
400
October
October Property of 2016 sales and 2015 were
. 272 October
, down YTD 20.5 % sales from of 342 3,289 in are
450
350
October of 2016 and 22.7 % lower than the 352 sales last month . running 5.3 % behind last year ' s year-to-date sales of 3,473 .
October 2017 sales were at their lowest level compared to
400
300
|
Number of Properties Sold |
3 Mo Avg |
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October of 2016 and 2015 . October YTD sales of 3,289 are |
350
250
|
||||||||||||||||
running 5.3 % behind last year ' s year-to-date sales of 3,473 . |
300
200
|
||||||||||||||||
|
250
150
| |||||||||||||||||
|
200
100
| |||||||||||||||||
150 |
50 |
||||||||||||||||
100 |
0 |
||||||||||||||||
50 |
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 |
|||
0 |
14 |
15 |
16 |
17 |
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|
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in October was $ 270,000 , down 0.7 %
Prices
400 from $ 271,950 in October of 2016 and down 1.8 % from
Median Sales Price and Average Sales Price
The
$ 275,000 Median last Sales month Price . in The October Average was Sales $ 270,000 Price , down in October 0.7 % was
400 from
$ 317,665 $ 271,950 , down in October 3.9 % from of 2016 $ 330,677 and down in October 1.8 % from of 2016 and
350
|
J
A S O
3 Mo Avg
3 Mo Avg
|
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|
$ down 275,000 5.2 last % from month $ 334,922 . The Average last month Sales . Price October in October 2017 ASP was was at
$ 317,665 , down 3.9 % from $ 330,677 in October of 2016 and
350 a mid range compared to October of 2016 and 2015 .
300 down 5.2 % from $ 334,922 last month . October 2017 ASP was at
| |||||||||||||||||
a mid range compared to October of 2016 and 2015 . |
300
250
|
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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 |
|
14 |
15 |
16 |
17 |
|||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||||||
|
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 849 , down of Properties 9.5 % from available 938 last for sale month as of and down
1,400
October
13.8 % from was 849 985 , down in October 9.5 % from of last 938 year last . October month and 2017 down Inventory
1,4001,200
13.8 was % at from its lowest 985 in level October compared of last year with . October 2017 of 2016 Inventory and
20151,200 .
1,000 was at its lowest level compared with October of 2016 and 2015 .
1,000
800
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
7.0
6.0
5.0
|
||||||||||||
|
800
600
|
4.0 |
|||||||||||||
|
A comparatively lower MSI is more beneficial for sellers while a
600
3.0
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial October for 2017 sellers MSI while of 3.1 a
400
2.0 higher months MSI was is better at a mid for level buyers compared . The October with October 2017 MSI of of 2016 3.1 and
200 months was at a mid level compared with October of 2016 and
200
1.0
2015 .
0
2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
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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 |
14 |
15 |
16 |
17 |