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 |
$ 153,800 |
3 % |
-1% |
|||||
Average List Price of all Current Listings |
$ 191,406 |
7 % |
11 % |
|||||
May Median Sales Price |
$ 109,750 |
-14% |
7 % |
-39% -23% |
$ 105,000 |
-31% |
-27% |
|
May Average Sales Price |
$ 123,380 |
-28% |
-2% |
-28% -21% |
$ 124,458 |
-30% |
-21% |
|
Total Properties Currently for Sale ( Inventory ) |
44 |
7 % |
19 % |
|||||
May Number of Properties Sold |
10
100 %
|
100 % |
29 |
26 % |
||||
May Average Days on Market ( Solds ) |
82 |
-50% -23% 257 % -21% |
111 |
7 % |
7 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 83 |
-20% -10% 11 % |
8 % |
$ 86 |
13 % |
12 % |
||
May Sold Price per Square Foot |
$ 55 |
6 % |
4 % |
-40% -35% |
$ 62 |
-25% |
-27% |
|
May Month ' s Supply of Inventory |
4.4 |
-46% -24% -41% -62% |
9.4 |
9 % |
-20% |
|||
May Sale Price vs List Price Ratio |
90.0 % 34.9 % 10.5 % -17.1% -3.3% |
81.3 % |
-15% |
-13% |
Property Sales May Property sales were 10 , up 100.0 % from 5 in May of 2015 and 100.0 % higher than the 5 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 29 are running 26.1 % ahead of last year ' s yearto-date sales of 23 . |
12
10
8
|
12
10
8
6
|
Number of Properties Sold |
3 Mo Avg |
6 |
4 |
|||
4 |
2 |
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 |
0 | ||||||||||||||||||||||||||||||||
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 44 , up 7.3 % from 41 last month and up 18.9 % from 37 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 4.4 months was at its lowest level compared with May of 2015 and 2014 .
|
70 60 50 40 30 20 10 0 |
50
56
50 57
56
55
57
52
55
48
52
50
48
51 50
51 49
49
58
59
57
51
58
59 51 57
54 53 53 54 57 53
44
53
40
57
38
44
35
40
38
39 39
37 35
45
39
50
39
54
37
50
49 45 51
54
45
49
48
51
43
45
45
39
48
41
43
44
45
|
39
41
44
|
70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 |