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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 |
$ 335,455 |
2 % |
12 % |
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Average List Price of all Current Listings |
$ 374,354 |
1 % |
12 % |
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March Median Sales Price |
$ 226,750 |
-8% |
-4% |
5 % |
1 % |
$ 235,000 |
9 % |
4 % |
March Average Sales Price |
$ 248,152 |
-9% |
-3% |
3 % |
0 % |
$ 255,239 |
8 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
760 |
16 % |
35 % |
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March Number of Properties Sold |
208 |
41 % |
16 % |
509 |
17 % |
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March Average Days on Market ( Solds ) |
66 |
22 % |
3 % |
12 % |
14 % |
64 |
-4% |
10 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 127 |
3 % |
4 % |
11 % |
10 % |
$ 123 |
9 % |
7 % |
March Sold Price per Square Foot |
$ 111 |
-1% |
1 % |
5 % |
3 % |
$ 109 |
6 % |
2 % |
March Month ' s Supply of Inventory |
3.7 -18% -10% 16 % |
16 % |
4.1 |
12 % |
29 % |
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March Sale Price vs List Price Ratio |
96.9 % |
. 5 % |
1.1 % 1.0 % 1.3 % |
96.3 % |
2 % |
1 % |
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Property Sales |
300 |
|
March Property sales were 208 , up 16.2 % from 179 in March of | ||
|
2016 and 40.5 % higher than the 148 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
300
|
250 |
|
|
March and 2015 Property . March sales YTD were sales 208 of , up 509 16.2 are % from running 179 16.7 in March % ahead of of
2016 last and year 40.5 ' s year-to-date % higher than sales the of 148 436 sales . last month . March
250
2017 sales were at their highest level compared to March of 2016
|
200 |
|
and 2015 . March YTD sales of 509 are running 16.7 % ahead of last year ' s year-to-date sales of 436 . |
200 |
150 |
150 |
100 |
|
50 |
0 |
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A S O N D |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in March was $ 226,750 , up 5.5 % from
|
A
M J
14
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J |
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
|
3 Mo Avg |
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Prices
$ 215,000 in March of 2016 and down 8.1 % from $ 246,750 last
The month Median . The Sales Average Price Sales in March Price was in $ March 226,750 was , up $ 5.5 248,152 % from , up
$
3.0 215,000 % from in March $ 240,885 of 2016 in March and down of 2016 8.1 % and from down $ 246,750 8.6 % from last
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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month
$ 271,429 . The last Average month Sales . March Price 2017 in March ASP was $ at 248,152 the highest , up level
3.0 compared % from $ to 240,885 March in of March 2016 and of 2016 2015 and . down 8.6 % from
270
$ 271,429 last month . March 2017 ASP was at the highest level
250
|
250
230
|
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compared to March of 2016 and 2015 . |
230 |
210 |
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210 |
190 |
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190 |
170 |
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170 |
150 |
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150 |
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
J
F M
14
15
16
17
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
J
F M
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Inventory & MSI |
14 |
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
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Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 760 , Inventory up 15.9 % of from Properties 656 last available month for and sale up as 34.5 of % March from 565 was in March 760 , up of 15.9 last % year from . 656 March last 2017 month Inventory and up 34.5 was % at from its highest 565
800
|
800
700
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
6.0 |
6.0
5.0
|
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in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its highest level compared with March of 2016 and 2015 . |
700
600
500
|
600
500
400
|
5.0
4.0
|
4.0
3.0
|
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|
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 March for 2017 sellers MSI while of 3.7 a higher MSI is better for buyers . The March 2017 MSI of 3.7
200 months was at its highest level compared with March of 2016 months was at its highest level compared with March of 2016
100 and 2015 . and 2015 .
0
|
300
3.0
200
2.0
100
1.0
0
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
0.0 J
F M
A
M
14 J
J
A S O N D J
F M
15 A M J
J
A S O N D J
F M
16 A M J
J
A S O N D J
F M
17
14
15
16
17
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2.0
1.0
0.0
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