Trending versus *: |
Trending versus *: |
|||||||
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 226,900 |
1 % |
19 % |
|||||
Average List Price of all Current Listings |
$ 272,927 |
-2% |
30 % |
|||||
May Median Sales Price |
$ 195,000 |
9 % |
5 % |
11 % |
11 % |
$ 182,500 |
9 % |
4 % |
May Average Sales Price |
$ 215,576 |
16 % |
10 % |
17 % |
16 % |
$ 193,135 |
9 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
359 |
10 % |
6 % |
|||||
May Number of Properties Sold |
187 |
0 % |
15 % |
781 |
20 % |
|||
May Average Days on Market ( Solds ) |
38 |
-5% |
-10% -12% -16% |
44 |
-15% |
-2% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 100 |
2 % |
2 % |
15 % |
11 % |
$ 98 |
14 % |
9 % |
May Sold Price per Square Foot |
$ 95 |
7 % |
7 % |
15 % |
11 % |
$ 89 |
10 % |
3 % |
May Month ' s Supply of Inventory |
1.9 |
10 % |
3 % |
-9% |
-10% |
2.2 |
-10% |
4 % |
May Sale Price vs List Price Ratio |
97.8 % |
. 2 % |
. 8 % |
. 8 % |
1.1 % |
96.8 % |
1 % |
0 % |
Property Sales May Property sales were 187 , up 15.4 % from 162 in May of 2015 and the same as the 187 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 781 are running 20.3 % ahead of last year ' s year-todate sales of 649 . |
250
200
150
|
250
200
150
100
|
Number of Properties Sold |
3 Mo Avg |
100 |
50 |
13 |
||||
J |
A |
S |
O N D |
J |
14 |
14 |
|||||
F M A M J |
J |
A |
S |
O N D |
J |
15 |
15 |
|||||
F M A M J |
J |
A |
S |
O N D |
J |
16 |
100 | ||||||||||||||||||||||||||||||||
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 A M |
||||||||||||||
J 13 |
J
13
A
|
S |
O N D |
J 14 |
F
M14 A M J
|
J |
A |
S |
O N D |
J 15 |
F M
15 A M J
|
J |
A |
S |
O N D |
J 16 |
F M A16M |
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 |
16 |
||||||||||||
F M A M |
Inventory & MSI The Total Inventory of Properties available for sale as of May was 359 , up 10.1 % from 326 last month and up 5.6 % from 340 in May of last year . May 2016 Inventory was at a mid level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 1.9 months was at its lowest level compared with May of 2015 and 2014 .
|
600
500
400
300
200
100
0
|
551
567
554 551
559 567
560 554
543 559
560
453
543
464
447 453 449
464 488 447 470 449 463
488
452 470
441 463
388
452
345
441
321
388
278
292 345
284 321
292 278
321 292
284 340
292 340
338 321
340 340
327 340
315 338 304
340
303
327 321 315 333 304 330 303 326 321 359 333
|
330
326
359
|
6.0 5.0 4.0 3.0 2.0 1.0 0.0 |