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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 |
$ 283,900 |
3 % |
13 % |
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Average List Price of all Current Listings |
$ 371,201 |
14 % |
24 % |
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May Median Sales Price |
$ 228,400 |
-9% |
-1% |
-2% |
13 % |
$ 228,400 |
14 % |
13 % |
May Average Sales Price |
$ 248,118 |
-9% |
-3% |
7 % |
10 % |
$ 249,772 |
14 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
347 |
1 % |
-9% |
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May Number of Properties Sold |
149 |
24 % |
2 % |
567 |
10 % |
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May Average Days on Market ( Solds ) |
59 |
-3% |
-8% |
-8% |
-16% |
65 |
-8% |
-7% |
Asking Price per Square Foot ( based on New Listings ) |
$ 112 |
-7% |
-7% |
0 % |
1 % |
$ 119 |
6 % |
7 % |
May Sold Price per Square Foot |
$ 114 |
-2% |
2 % |
9 % |
9 % |
$ 111 |
11 % |
7 % |
May Month ' s Supply of Inventory |
2.3 -19% -8% -11% -31% |
3.0 |
-22% |
-10% |
||||
May Sale Price vs List Price Ratio |
96.1 %
1.2 %
|
. 9 % |
. 4 % |
1.5 % |
95.4 % |
1 % |
1 % |
|
Property Sales |
160 |
|
May Property sales were 149 , up 2.1 % from 146 in May of 2016 | ||
and 24.2 % higher than the 120 sales last month . May 2017 sales |
140 |
|
|
Property were at their Sales highest level compared to May of 2016 and 2015 .
160
May Property YTD sales sales of were 567 are 149 running , up 2.1 % 10.1 from % 146 ahead in May of last of 2016 year ' s yearto-date
|
120 |
|
24.2 % sales higher of 515 than . the 120 sales last month . May 2017 sales and |
140 |
100 |
|
were at their highest level compared to May of 2016 and 2015 .
May YTD sales of 567 are running 10.1 % ahead of last year ' s yearto-date
|
120 |
80 |
sales of 515 . |
100 |
60 |
80 |
40 |
|
60 |
20 |
|
40 |
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0 |
||
20 |
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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 |
||||
|
The Median Sales Price in May was $ 228,400 , down 1.5 % from
Prices
$ 231,951 in May of 2016 and down 9.4 % from $ 252,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 228,400 May was , down $ 248,118 1.5 % , from up 6.6 %
300
$ from 231,951 $ 232,697 in May of in 2016 May of and 2016 down and 9.4 down % from 9.4 $ % 252,000 from $ last 273,896 month . The Average Sales Price in May was $ 248,118 , up 6.6 %
280 last month . May 2017 ASP was at the highest level compared to from
May $ of 232,697 2016 and in May 2015 of . 2016 and down 9.4 % from $ 273,896
260 last month . May 2017 ASP was at the highest level compared to
240
|
14
300
280
260
240
220
200
|
3 Mo Avg |
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May of 2016 and 2015 . |
220
200
180
160
140
120
100
|
180
160
140
120
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
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 347 , Inventory up 1.2 % from of Properties 343 last available month and for down sale as 8.9 of % May from 381 was in May 347 , of up last 1.2 % year from . May 343 last 2017 month Inventory and down was at 8.9 its % lowest from 381 level
700
|
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0 |
8.0
7.0
|
|
in compared May of last with year May . May of 2017 2016 Inventory and 2015 was . at its lowest level |
600 |
500 |
7.0 |
6.0 |
|
|
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 2.3 a
200 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 2.3 of 2016 and months was at its lowest level compared with May of 2016 and
100
2015 .
2015 .
0
|
6.0
400
5.0
300
4.0
200
3.0
100
2.0
1.0
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
|
5.0
4.0
3.0
2.0
1.0
0.0
|
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