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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 |
$ 334,600 |
0 % |
5 % |
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Average List Price of all Current Listings |
$ 378,826 |
-0% |
6 % |
|||||
May Median Sales Price |
$ 271,000 |
6 % |
7 % |
13 % |
20 % |
$ 249,900 |
14 % |
11 % |
May Average Sales Price |
$ 277,660 |
2 % |
4 % |
8 % |
12 % |
$ 264,304 |
9 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
837 |
20 % |
52 % |
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May Number of Properties Sold |
244 |
15 % |
10 % |
979 |
16 % |
|||
May Average Days on Market ( Solds ) |
57 |
4 % |
-2% -12% |
-2% |
60 |
-8% |
3 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 127 |
3 % |
2 % |
10 % |
10 % |
$ 123 |
8 % |
7 % |
May Sold Price per Square Foot |
$ 117 |
2 % |
3 % |
8 % |
9 % |
$ 112 |
7 % |
5 % |
May Month ' s Supply of Inventory |
3.4 |
4 % |
4 % |
38 % |
9 % |
3.6 |
9 % |
16 % |
May Sale Price vs List Price Ratio |
96.4 % |
-. 1 % -. 2 % |
. 0 % |
. 8 % |
96.4 % |
1 % |
1 % |
|
Property Sales |
300 |
|
May Property sales were 244 , up 9.9 % from 222 in May of 2016 | ||
|
and 15.1 % higher than the 212 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
300
|
250 |
|
May Property YTD sales sales of were 979 are 244 running , up 9.9 % 16.3 from % 222 ahead in May of last of year 2016 ' s and year-to-date 15.1 % higher sales than of the 842212 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . |
250 |
200 |
May YTD sales of 979 are running 16.3 % ahead of last year ' s year-to-date sales of 842 . |
200 |
150 |
150 |
100 |
|
50 |
0 |
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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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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in May was $ 271,000 , up 12.9 % from
|
J
14
|
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
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F M A M
15
16
17
|
3 Mo Avg |
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Prices
$ 239,950 in May of 2016 and up 6.3 % from $ 255,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 271,000 May was , up $ 12.9 277,660 % from , up 7.7 %
$ from 239,950 $ 257,852 in May in of 2016 May of and 2016 up 6.3 and % up from 1.8 $ % 255,000 from $ 272,631 last last
290
|
290
270
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
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month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 277,660 compared , up 7.7 % to May from of 2016 $ 257,852 and 2015 in May . of 2016 and up 1.8 % from $ 272,631 last
270 month . May 2017 ASP was at the highest level compared to May
250
|
250
230
|
||||||||||||||||
of 2016 and 2015 . |
230 |
210 |
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210 |
190 |
||||||||||||||||
170 |
150 |
||
150 |
J |
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
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
|
|
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 837 , Inventory up 19.9 % of from Properties 698 last available month for and sale up as 52.2 of % May from 550 was in May 837 , of up last 19.9 year % from . May 6982017 last month Inventory and was up 52.2 at its % from highest 550 level
900 in compared May of last with year May . May of 2017 2016 Inventory and 2015 was . at its highest level
800 compared with May of 2016 and 2015 .
700
600
500
A comparatively lower MSI is more beneficial for sellers while
400 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 3.4 a
300 higher months MSI was is better at its highest for buyers level . The compared May 2017 with MSI May of 3.4 of 2016 and
200 months
2015 . was at its highest level compared with May of 2016 and
100
2015 .
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
900
800
5.0
700
600
4.0
500
3.0
400
300
2.0
200
100
1.0
0
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J
A S O N D J
F M A M J
J
A S O N D J
F M A M J
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A S O N D J
F
0.0 M A M
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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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