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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 |
$ 323,000 |
4 % |
20 % |
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Average List Price of all Current Listings |
$ 325,630 |
1 % |
-0% |
|||||
December Median Sales Price |
$ 218,301 |
-7% |
-2% |
7 % |
18 % |
$ 215,000 |
16 % |
16 % |
December Average Sales Price |
$ 252,151 |
3 % |
5 % |
15 % |
24 % |
$ 232,337 |
15 % |
14 % |
Total Properties Currently for Sale ( Inventory ) |
415 |
-4% |
1 % |
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December Number of Properties Sold |
191 |
-7% |
3 % |
2,552 |
9 % |
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December Average Days on Market ( Solds ) |
53 -10% |
6 % |
0 % |
0 % |
48 |
-9% |
-9% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 110 |
1 % |
1 % |
9 % |
11 % |
$ 104 |
5 % |
5 % |
December Sold Price per Square Foot |
$ 110 |
5 % |
5 % |
16 % |
20 % |
$ 100 |
11 % |
10 % |
December Month ' s Supply of Inventory |
2.2 |
3 % |
-4% |
-2% |
-6% |
2.2 |
-5% |
-5% |
December Sale Price vs List Price Ratio |
97.5 %
1.2 %
|
. 5 % |
1.5 % 1.0 % |
97.3 % |
1 % |
1 % |
Property Sales |
350 |
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December Property sales were 191 , up 3.2 % from 185 in
December of 2015 and 6.8 % lower than the 205 sales last
|
300 |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||
Property month . December Sales 2016 sales were at their highest level
350
December compared Property to December sales were of 2015 191 , and up 3.2 2014 % from . December 185 in YTD sales
|
250 |
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December of 2,552 are of 2015 running and 6.8 9.0 % lower ahead than of last the year 205 ' sales s year-to-date last sales
300 month of 2,341 . December . 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales
250
|
200 |
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of 2,552 are running 9.0 % ahead of last year ' s year-to-date sales |
150 |
|||||||||||||||||
of 2,341 . |
200 |
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100 | ||||||||||||||||||
150 | ||||||||||||||||||
50 | ||||||||||||||||||
100 |
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50 |
0 |
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 |
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0 |
14 |
15 |
16 |
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Prices
The Median Sales Price in December was $ 218,301 , up 6.5 %
|
J
F M A M J
14
|
J |
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A M Price J
J
A S O N D
15
16
|
3 Mo Avg |
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Prices from $ 204,900 in December of 2015 and down 7.5 % from
The
$ 236,000 Median last Sales month Price . in The December Average was Sales $ 218,301 Price , in up December 6.5 % was from
$ 252,151 $ 204,900 , up 14.6 in December % from $ 220,085 of 2015 and in December down 7.5 % of from 2015 and up
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||
$
2.8 236,000 % from last $ 245,252 month . The last Average month . Sales December Price in 2016 December ASP was was at
$ the 252,151 highest , up 14.6 level % compared from $ 220,085 to December in December of 2015 of 2015 and and 2014 up .
270
2.8 % from $ 245,252 last month . December 2016 ASP was at
250
|
250
230
|
|||||||||||||||||
the highest level compared to December of 2015 and 2014 . |
230 |
210 |
||||||||||||||||
210 |
190 |
170 |
150 |
||||
150 |
J |
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
14
15
16
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
|
|||
Inventory & MSI |
14 |
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
|||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 415 of , down Properties 4.2 % available from 433 for last sale month as of and up 1.5 %
December from 409 was in December 415 , down 4.2 of last % from year 433 . December last month 2016 and Inventory up 1.5 %
700 from was 409 at a in mid December level compared of last year with . December 2016 of 2015 Inventory and 2014 .
600 was at a mid level compared with December of 2015 and 2014 .
500
|
700
600
500
400
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
5.0
4.0
|
5.0
4.0
3.0
|
|
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial December for sellers 2016 while MSI a of 2.2
200 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of 2.2 of 2015 months was at its lowest level compared with December of 2015
100 and 2014 . and 2014 .
0
|
3.0
300
200
2.0
100
1.0
0
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
0.0 O N D
J
F
14 M A M J
J
A S O N D J
F M
15 A M J
J
A S O N D J
F M A
16 M J
J
A S O N D
14
15
16
|
2.0
1.0
0.0
|