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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 |
$ 404,996 |
-2% |
18 % |
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Average List Price of all Current Listings |
$ 511,964 |
-0% |
17 % |
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June Median Sales Price |
$ 260,000 |
-3% |
0 % |
8 % |
11 % |
$ 252,000 |
7 % |
7 % |
June Average Sales Price |
$ 305,562 |
4 % |
4 % |
13 % |
10 % |
$ 288,214 |
5 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
473 |
11 % |
23 % |
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June Number of Properties Sold |
180 |
-1% |
-19% |
970 |
6 % |
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June Average Days on Market ( Solds ) |
43 |
30 % |
2 % |
0 % |
-10% |
46 |
-8% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 118 |
-3% |
-2% |
9 % |
7 % |
$ 120 |
11 % |
9 % |
June Sold Price per Square Foot |
$ 113 |
1 % |
3 % |
11 % |
9 % |
$ 109 |
8 % |
6 % |
June Month ' s Supply of Inventory |
2.6 |
12 % |
16 % |
52 % |
9 % |
2.5 |
-3% |
3 % |
June Sale Price vs List Price Ratio |
97.8 % -1.0% |
. 0 % |
-. 5 % |
1.2 % |
97.3 % |
0 % |
1 % |
|
Property Sales June Property sales were 180 , down 19.3 % from 223 in June of 2015 and 0.6 % lower than the 181 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 970 are running 5.9 % ahead of last year ' s year-to-date sales of 916 . |
300
250
200
|
Number of Properties Sold |
3 Mo Avg |
150 |
|||
100 |
|||
50 |
Prices The Median Sales Price in June was $ 260,000 , up 8.4 % from $ 239,900 in June of 2015 and down 3.0 % from $ 268,121 last month . The Average Sales Price in June was $ 305,562 , up 13.2 % from $ 269,922 in June of 2015 and up 3.8 % from $ 294,422 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 . |
0
350 330 310 290 270 250 230 210 190 170 150
|
200 224 129 139 122 126 100 102 146 147 180 206 211 209 193 159 133 141 79 108 146 175 185 223 241 218 146 158 142 160 111 127 163 208 181 180
3 Mo Avg
|
3 Mo Avg |
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Inventory & MSI The Total Inventory of Properties available for sale as of June was 473 , up 11.3 % from 425 last month and up 22.5 % from 386 in June of last year . June 2016 Inventory was at a mid level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 2.6 months was at a mid level compared with June of 2015 and 2014 .
|
700 600 500 400 300 200 100
0
|
700
600
500
577
400
300
200
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
603
528 577
478 603
457 528
431 478
424 457
463 431
424 465 463
505 545
465 565 505 557 545
533 565
455 557
408 533
384 313
455
314 408
326 384
343 313
314 374
326 399
343 386
370 374
403 399
386 436
398 370
378 403 339
436
336 398
348 378 388 339 377 336
425 348
473 388
5.0
4.0
|
3.0
377
2.0
1.0
425
473
|
5.0 4.0 3.0 2.0 1.0 0.0 |
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