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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 |
$ 328,002 |
3 % |
10 % |
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Average List Price of all Current Listings |
$ 352,634 |
4 % |
19 % |
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October Median Sales Price |
$ 236,250 |
-6% |
-2% |
9 % |
10 % |
$ 235,000 |
9 % |
9 % |
October Average Sales Price |
$ 243,700 |
-8% |
-5% |
3 % |
5 % |
$ 249,313 |
9 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
610 |
3 % |
41 % |
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October Number of Properties Sold |
212 |
3 % |
12 % |
2,196 |
2 % |
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October Average Days on Market ( Solds ) |
46 |
15 % |
15 % |
-4% |
-4% |
46 |
0 % |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 119 |
1 % |
1 % |
13 % |
14 % |
$ 115 |
12 % |
11 % |
October Sold Price per Square Foot |
$ 108 |
-5% |
-3% |
5 % |
8 % |
$ 109 |
10 % |
9 % |
October Month ' s Supply of Inventory |
2.9 |
0 % |
11 % |
25 % |
37 % |
2.2 |
2 % |
4 % |
October Sale Price vs List Price Ratio |
95.9 % -1.5% -1.4% -1.4% -1.4% |
97.3 % |
-0% |
0 % |
Property Sales |
350 |
|
October Property sales were 212 , up 12.2 % from 189 in October | ||
of 2016 and 2.9 % higher than the 206 sales last month . October |
300 |
|
Property
2017 sales Sales were at their highest level compared to October of
350
October
2016 and Property 2015 . sales October were YTD 212 , sales up 12.2 of % 2,196 from are 189 running October 1.7 %
|
250 |
|
of ahead 2016 and of last 2.9 year % higher ' s year-to-date than the 206 sales sales of 2,160 last month . . October
2017 sales were at their highest level compared to October of
|
300 |
200 |
2016 and 2015 . October YTD sales of 2,196 are running 1.7 % |
250 |
|
ahead of last year ' s year-to-date sales of 2,160 . |
150 |
|
200 |
||
100 |
||
150 |
||
50 |
||
100 |
||
50 |
0 |
Prices | ||
The Median Sales Price in October was $ 236,250 , up 8.9 % from | ||
Prices
$ 217,000 in October of 2016 and down 5.7 % from $ 250,445
|
290 |
|
The last Median month Sales . The Price Average in October Sales Price was $ in 236,250 October , up was 8.9 $ % 243,700 from ,
$ up 217,000 2.7 % in from October $ 237,359 of 2016 in October and down of 5.7 2016 % from and $ down 250,445 7.9 % from
290
|
270 |
|
last
$ 264,650 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 243,700 highest , level up compared 2.7 % from to $ October 237,359 in of October 2016 and of 2015 2016 . and down 7.9 % from
270
$ 264,650 last month . October 2017 ASP was at the highest level
250
|
250
230
|
|
compared to October of 2016 and 2015 . |
230 |
210 |
210 |
190 |
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 |
J |
A S O |
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14 |
15 |
16 |
17 |
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J
F M A M J
15
|
J |
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
|
J |
A S O |
3 Mo Avg |
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Median Sales Price and Average Sales Price |
170 |
150 |
||||||||
150 |
N |
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
J
14
15
16
17
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
J
A S O
|
A S O |
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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
The
October Total Inventory was 610 , up of Properties 3.2 % from available 591 last for month sale and as of up 40.6 %
October from 434 was in 610 October , up 3.2 of % last from year 591 . last October month 2017 and Inventory up 40.6 % was
700 at
|
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
4.0 |
4.0
3.5
|
|||||
from its highest 434 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at |
600 |
500 |
3.5 |
3.0 |
|||||
its highest level compared with October 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 October for 2017 sellers MSI while of a 2.9
200 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 2.9 of 2016 months was at its highest level compared with October of 2016
100 and 2015 . and 2015 .
0
|
400
300
200
100
0
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
J
N
D
14 J
F
15 M 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 J
J
A S O
14
15
16
17
|
3.0
2.5
2.0
1.5
1.0
0.5
0.0
A S O
|
2.5
2.0
1.5
1.0
0.5
0.0
|