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 |
$ 274,810 |
0 % |
15 % |
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Average List Price of all Current Listings |
$ 322,796 |
-1% |
16 % |
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July Median Sales Price |
$ 215,000 |
5 % |
0 % |
26 % |
20 % |
$ 202,000 |
17 % |
13 % |
July Average Sales Price |
$ 255,946 |
16 % |
10 % |
28 % |
26 % |
$ 225,113 |
15 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
444 |
8 % |
2 % |
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July Number of Properties Sold |
118 |
-13% |
-22% |
767 |
19 % |
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July Average Days on Market ( Solds ) |
68 |
-6% |
-1% |
-27% -18% |
71 |
-21% |
-14% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 115 |
6 % |
1 % |
14 % |
8 % |
$ 113 |
8 % |
7 % |
July Sold Price per Square Foot |
$ 111 |
4 % |
5 % |
16 % |
18 % |
$ 103 |
13 % |
10 % |
July Month ' s Supply of Inventory |
3.8 |
23 % |
16 % |
30 % |
-17% |
3.9 |
-19% |
-13% |
July Sale Price vs List Price Ratio |
96.3 % |
1.7 % |
. 8 % |
2.1 % |
2.9 % |
94.7 % |
1 % |
1 % |
Property Sales
July Property sales were 118 , down 21.9 % from 151 in July of
|
160 |
140
120
|
2015 and 12.6 % lower than the 135 sales last month . July 2016 sales were at a mid level compared to July of 2015 and 2014 .
July YTD sales of 767 are running 18.7 % ahead of last year ' s yearto-date sales of 646 .
|
140
120
100
|
100
80
|
80 |
60 |
|
60 |
40 |
|
40 |
20 |
|
20 |
0 |
13 |
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S |
O N D |
J |
14 |
14 |
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F M A M J |
J |
A |
S |
O N D |
J |
15 |
15 |
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F M A M J |
J |
A |
S |
O N D |
J |
16 |
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 |
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S
13
O N D
|
J 14 |
F
M14 A M J
|
J |
A |
S |
O N D |
J 15 |
F M15A M J |
J |
A |
S |
O N D |
J 16 |
F M A16M J |
J |
S |
O N D |
J |
F M A M J |
J |
A |
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O N D |
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F M A M J |
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A |
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O N D |
J |
F M A M J |
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|
16 |
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F M A M J |
J |
Inventory & MSI The Total Inventory of Properties available for sale as of July was 444 , up 7.8 % from 412 last month and up 1.6 % from 437 in July of last year . July 2016 Inventory was at a mid level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 3.8 months was at a mid level compared with July of 2015 and 2014 .
|
700 600 500 400 300 200 100
0
|
700
600
500
593
400
300
200
100
546
593
542
546
506
Total Inventory & Month ' s Supply of Inventory ( MSI )
474 542
460 506
494 474
460 531
494 580
531
585 607 580
585
607
597 565
505
597
442
565
402
505
330 337
442
366 402
330 392
337 419
366 456
392 434
437 419
435 456
420 434
434 437
399 435 364 420
374 434
395
399 402 364 422 374 418 395 412 402 444 422
12.0
10.0
|
8.0
418
6.0
4.0
2.0
412
444
|
12.0 10.0 8.0 6.0 4.0 2.0 0.0 |
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20 | c o l d w e l l b a n k e r h o m e s . c o m |