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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 |
$ 289,000 |
-2% |
11 % |
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Average List Price of all Current Listings |
$ 352,984 |
-2% |
20 % |
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October Median Sales Price |
$ 200,000 |
-3% |
-8% |
18 % |
-1% |
$ 225,000 |
13 % |
12 % |
October Average Sales Price |
$ 234,130 |
-1% |
-6% |
18 % |
4 % |
$ 247,453 |
11 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
283 |
9 % |
-10% |
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October Number of Properties Sold |
121 |
12 % |
10 % |
1,255 |
10 % |
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October Average Days on Market ( Solds ) |
40 -26% -20% -45% -43% |
56 |
-19% |
-20% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 125 |
-2% |
2 % |
8 % |
13 % |
$ 120 |
8 % |
8 % |
October Sold Price per Square Foot |
$ 112 |
-3% |
-2% |
11 % |
8 % |
$ 113 |
9 % |
9 % |
October Month ' s Supply of Inventory |
2.3 |
-3% |
7 % |
-18% -26% |
2.3 |
-31% |
-29% |
|
October Sale Price vs List Price Ratio |
96.0 % |
. 2 % |
. 2 % |
3.0 % 1.4 % |
95.5 % |
1 % |
1 % |
Property Sales |
200 |
|
October Property sales were 121 , up 10.0 % from 110 in October of 2016 and 12.0 % higher than the 108 sales last month . |
180 |
|
Property
October 2017 Sales sales were at their highest level compared to
|
200 |
160 |
October Property of 2016 sales and 2015 were . 121 October , up 10.0 YTD % from sales 110 of in 1,255 October are
180 of running 2016 and 10.2 12.0 %% ahead higher of than last the year 108 ' s year-to-date sales last month sales . of 1,139 .
October 2017 sales were at their highest level compared to
160
|
140
120
|
|
October of 2016 and 2015 . October YTD sales of 1,255 are |
140 |
100 |
running 10.2 % ahead of last year ' s year-to-date sales of 1,139 . |
120 |
80 |
100 |
60 |
40 |
0 |
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20 |
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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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in October was $ 200,000 , up 18.2 %
Prices from $ 169,200 in October of 2016 and down 3.1 % from
The
$ 206,450 Median last Sales month Price . in The October Average was Sales $ 200,000 Price , up in October 18.2 % was
300 from
$ 234,130 $ 169,200 , up in 17.8 October % from of $ 2016 198,752 and in down October 3.1 % of from 2016 and down
$ 206,450 last month . The Average Sales Price in October was
280
0.8 % from $ 236,037 last month . October 2017 ASP was at the
$ highest 234,130 , level up 17.8 compared % from $ to 198,752 October in of October 2016 and of 2016 2015 and . down
260
0.8 % from $ 236,037 last month . October 2017 ASP was at the
240
|
N
D
J
F M A M J
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
14
15
16
17
300
Median Sales Price and Average Sales Price
280
260
240
220
200
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
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highest level compared to October of 2016 and 2015 . |
220
200
180
160
140
120
100
|
180
160
140
120
100
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
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
|
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 283 , up of Properties 8.8 % from available 260 last for month sale as and of down 9.9 %
October from 314 was in 283 October , up 8.8 of % last from year 260 . October last month 2017 and Inventory down 9.9 % was at
500 from its lowest 314 in level October compared of last year with . October 2017 of 2016 Inventory and 2015 was . at
400 its lowest level compared with October of 2016 and 2015 .
|
500
400
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
|
||||||||||||||||
300 |
5.0 |
||||||||||||||||||
200 |
4.0 |
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A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.3 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 2.3 of 2016
100 months and 2015 was . at its lowest level compared with October of 2016 and 2015 .
0
|
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
2.0
1.0
0.0
A S O
|