Trending versus *: |
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 |
$ 225,000 |
3 % |
18 % |
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Average List Price of all Current Listings |
$ 284,108 |
2 % |
32 % |
|||||
April Median Sales Price |
$ 178,900 |
-1% |
0 % |
3 % |
2 % |
$ 178,900 |
8 % |
2 % |
April Average Sales Price |
$ 187,610 |
-1% |
0 % |
4 % |
1 % |
$ 186,900 |
7 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
334 |
0 % |
4 % |
|||||
April Number of Properties Sold |
177 |
7 % |
11 % |
579 |
19 % |
|||
April Average Days on Market ( Solds ) |
40 |
-15% -11% -25% -11% |
45 |
-18% |
0 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 98 |
3 % |
1 % |
10 % |
9 % |
$ 97 |
13 % |
8 % |
April Sold Price per Square Foot |
$ 90 |
4 % |
3 % |
9 % |
4 % |
$ 87 |
9 % |
1 % |
April Month ' s Supply of Inventory |
1.9 |
-6% |
-15% |
-7% |
-12% |
2.4 |
-8% |
11 % |
April Sale Price vs List Price Ratio |
97.6 % |
1.2 % 1.0 % |
. 8 % |
. 9 % |
96.6 % |
1 % |
-0% |
Property Sales April Property sales were 177 , up 11.3 % from 159 in April of 2015 and 6.6 % higher than the 166 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 579 are running 18.9 % ahead of last year ' s year-to-date sales of 487 . |
250
200
150
|
Number of Properties Sold |
3 Mo Avg |
100 |
|||
50 |
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 |
13 |
14 |
15 |
16 |
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Median Sales Price and Average Sales Price |
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 |
13 |
14 |
15 |
16 |
Inventory & MSI The Total Inventory of Properties available for sale as of April was 334 , equal to 334 last month and up 4.0 % from 321 in April of last year . April 2016 Inventory was at a mid level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 1.9 months was at its lowest level compared with April of 2015 and 2014 .
|
700
600
500
400
300
200
100
0
|
578
551
567 578
554 551
559 567
560 554
543 559
560
453
543
464
447
453
449 464 488 447 470 449 463
488
452 470
441 463
388
452
345
441
321
278 388
292 345
284 321
292 278
321 292
284 342
292 342
340 321
342 342
329 342 316
340 306
342 305
329 323 316 335 306 334 305 334 323
|
335
334
334
|
6.0 5.0 4.0 3.0 2.0 1.0 0.0 |