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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 |
$ 316,244 |
-3% |
12 % |
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Average List Price of all Current Listings |
$ 342,896 |
-2% |
19 % |
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May Median Sales Price |
$ 227,000 |
-3% |
-1% |
6 % |
6 % |
$ 227,500 |
11 % |
6 % |
May Average Sales Price |
$ 246,223 |
1 % |
1 % |
8 % |
6 % |
$ 242,837 |
9 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
544 |
16 % |
28 % |
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May Number of Properties Sold |
245 |
11 % |
5 % |
997 |
6 % |
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May Average Days on Market ( Solds ) |
42 -14% -18% -7% |
-13% |
52 |
0 % |
8 % |
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Asking Price per Square Foot ( based on New Listings ) |
$ 112 |
-3% |
0 % |
7 % |
7 % |
$ 112 |
10 % |
7 % |
May Sold Price per Square Foot |
$ 111 |
6 % |
5 % |
12 % |
11 % |
$ 106 |
9 % |
6 % |
May Month ' s Supply of Inventory |
2.2 |
5 % |
4 % |
22 % |
2 % |
2.3 |
-4% |
8 % |
May Sale Price vs List Price Ratio |
98.6 % |
. 9 % |
1.5 % |
. 3 % |
1.4 % |
97.2 % |
0 % |
-0% |
Property Sales |
350 |
|
May Property sales were 245 , up 4.7 % from 234 in May of 2016 | ||
and 10.9 % higher than the 221 sales last month . May 2017 sales |
300 |
|
|
Property were at their Sales highest level compared to May of 2016 and 2015 .
350
May Property YTD sales sales of were 997 are 245 running , up 4.7 % 6.1 from % ahead 234 in of May last of year 2016 ' s yearto-date
|
250 |
|
10.9 % sales higher of 940 than . the 221 sales last month . May 2017 sales and were at their highest level compared to May of 2016 and 2015 . |
300 |
200 |
May YTD sales of 997 are running 6.1 % ahead of last year ' s yearto-date |
250 |
|
sales of 940 . |
150 |
|
200 |
||
100 |
||
150 |
||
50 |
||
100 |
||
50 |
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 |
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14 |
15 |
16 |
17 |
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J |
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
|
3 Mo Avg |
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Median Sales Price and Average Sales Price |
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0 | |||||
Prices |
J |
||||
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The Median Sales Price in May was $ 227,000 , up 6.0 % from
Prices
$ 214,195 in May of 2016 and down 3.4 % from $ 235,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 227,000 May was , up $ 246,223 6.0 % from , up 8.0 %
250
$ from 214,195 $ 228,058 in May of in 2016 May and of 2016 down and 3.4 up % from 1.1 % $ from 235,000 $ 243,598 last last . The Average Sales Price in May was $ 246,223 , up 8.0 %
240 month . May 2017 ASP was at the highest level compared to May from of 2016 $ 228,058 and 2015 in May . of 2016 and up 1.1 % from $ 243,598 last
230 month . May 2017 ASP was at the highest level compared to May
220
|
14
250
240
230
220
210
200
|
3 Mo Avg |
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of 2016 and 2015 . |
210
200
190
180
170
160
150
|
190
180
170
160
150
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
14
15
16
17
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
|
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Inventory & MSI |
14 |
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
|||
|
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 544 , Inventory up 16.5 % of from Properties 467 last available month and for sale up 28.0 as of % May from 425 was in May 544 , of up last 16.5 year % from . May 4672017 last month Inventory and was up 28.0 at its % from highest 425 level
700
|
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
4.0 |
4.0
3.5
|
|
in compared May of last with year May . May of 2017 2016 Inventory and 2015 was . at its highest level |
600 |
500 |
3.5 |
3.0 |
|
|
compared with May of 2016 and 2015 .
500
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 May 2017 for sellers MSI of while 2.2 a
200 higher months MSI was is better at its highest for buyers level . The compared May 2017 with MSI May of 2.2 of 2016 and months was at its highest level compared with May of 2016 and
100
2015 .
2015 .
0
|
3.0
400
2.5
300
2.0
200
1.5
100
1.0
0.5
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
0.0 M A M
J
J
14
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 A
17 M
14
15
16
17
|
2.5
2.0
1.5
1.0
0.5
0.0
|
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