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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 |
$ 327,600 |
2 % |
26 % |
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Average List Price of all Current Listings |
$ 355,485 |
1 % |
16 % |
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December Median Sales Price |
$ 223,700 |
4 % |
-2% |
1 % |
4 % |
$ 225,000 |
4 % |
4 % |
December Average Sales Price |
$ 258,392 |
6 % |
3 % |
10 % |
10 % |
$ 246,885 |
5 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
675 |
-2% |
39 % |
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December Number of Properties Sold |
192 |
13 % |
4 % |
2,336 |
11 % |
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December Average Days on Market ( Solds ) |
61 |
13 % |
11 % -14% |
-5% |
57 |
-11% |
-11% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 119 |
3 % |
3 % |
11 % |
10 % |
$ 115 |
6 % |
6 % |
December Sold Price per Square Foot |
$ 113 |
4 % |
3 % |
8 % |
11 % |
$ 107 |
5 % |
5 % |
December Month ' s Supply of Inventory |
3.5 -13% -4% |
34 % |
18 % |
3.2 |
8 % |
8 % |
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December Sale Price vs List Price Ratio |
94.7 % |
-. 2 % -. 7 % -. 1 % |
-. 7 % |
95.7 % |
0 % |
0 % |
Property Sales
300 December Property sales were 192 , up 4.3 % from 184 in December of 2015 and 12.9 % higher than the 170 sales last
250
Property month . December Sales 2016 sales were at their highest level 300 December compared Property to December sales were of 2015 192 , and up 4.3 2014 % from . December 184 in YTD sales
200 December of 2,336 are of 2015 running and 12.9 10.8 % higher ahead than of last the year 170 ' s sales year-to-date last
250 month sales . of December 2,108 . 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales 150
200 of 2,336 are running 10.8 % ahead of last year ' s year-to-date sales of 2,108 .
100
150
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50 |
0 |
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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 $ 223,700 , up 0.9 %
|
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 $ 221,800 in December of 2015 and up 4.3 % from
The
$ 214,500 Median last Sales month Price . in The December Average was Sales $ 223,700 Price in , up December 0.9 % was from
$ 258,392 $ 221,800 , up in 9.7 December % from $ 235,558 of 2015 and in December up 4.3 % from of 2015 and up
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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$
5.7 214,500 % from last $ 244,485 month . The last Average month . Sales December Price in 2016 December ASP was at the
$ highest 258,392 level , up 9.7 compared % from $ to 235,558 December in December of 2015 of and 2015 2014 and . up
270
5.7 % from $ 244,485 last month . December 2016 ASP was at the
250
|
250
230
|
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highest level compared to December of 2015 and 2014 . |
230 |
210 |
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210 |
190 |
||||||||||||||||||||
190 |
170 |
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170 |
150 |
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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
|
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Inventory & MSI |
14 |
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
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Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 675 of , down Properties 2.0 % available from 689 for last sale month as of and up
December
39.5 % from was 484 675 , in down December 2.0 % from of last 689 year last . month December and up 2016
800
39.5
Inventory % from was 484 in at December its highest of level last compared year . December with December 2016 of
700
Inventory
2015 and was 2014 at . its highest level compared with December of
600
2015 and 2014 .
500
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 3.5 higher MSI is better for buyers . The December 2016 MSI of 3.5
200 months was at its highest level compared with December of months was at its highest level compared with December of
100
2015 and 2014 .
2015 and 2014 .
0
|
800
700
600
500
400
300
200
100
0
|
J |
Total Inventory & Month ' s Supply of Inventory ( MSI )
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 |
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
A S
0.0 O N D
|
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
|