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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 |
$ 245,000 |
-1% |
23 % |
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Average List Price of all Current Listings |
$ 291,877 |
0 % |
4 % |
|||||
October Median Sales Price |
$ 159,500 |
5 % |
5 % |
25 % |
17 % |
$ 150,000 |
15 % |
10 % |
October Average Sales Price |
$ 189,436 |
15 % |
7 % |
22 % |
17 % |
$ 180,172 |
16 % |
11 % |
Total Properties Currently for Sale ( Inventory ) |
251 |
14 % |
13 % |
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October Number of Properties Sold |
66 |
29 % |
38 % |
599 |
25 % |
|||
October Average Days on Market ( Solds ) |
94 |
74 % |
32 % |
19 % |
15 % |
73 |
-11% |
-11% |
Asking Price per Square Foot ( based on New Listings ) |
$ 107 |
-6% |
1 % |
11 % |
15 % |
$ 102 |
11 % |
10 % |
October Sold Price per Square Foot |
$ 98 |
6 % |
5 % |
20 % |
19 % |
$ 92 |
14 % |
11 % |
October Month ' s Supply of Inventory |
3.8 -12% |
0 % |
-18% -15% |
4.0 |
-8% |
-11% |
||
October Sale Price vs List Price Ratio |
91.7 % -3.4% -1.6% . 8 % |
-. 0 % |
94.0 % |
3 % |
2 % |
Property Sales |
100 |
|
October Property sales were 66 , up 37.5 % from 48 in October of
2016 and 29.4 % higher than the 51 sales last month . October
|
90 |
|
Property
2017 sales Sales were at their highest level compared to October of
100
|
80 |
|
October
2016 and Property 2015 . sales October were YTD 66 , up sales 37.5 of % 599 from are 48 running October 24.8 of %
2016 ahead and of 29.4 last % year higher ' s year-to-date than the 51 sales last of 480 month . . October
2017 sales were at their highest level compared to October of
|
90
80
|
70
60
|
2016 and 2015 . October YTD sales of 599 are running 24.8 % |
70 |
50 |
ahead of last year ' s year-to-date sales of 480 . |
60 |
40 |
50 |
30 |
20 |
0 |
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10 |
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 $ 159,500 , up 25.1 % from
Prices
$ 127,500 in October of 2016 and up 5.3 % from $ 151,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 159,500 was , up $ 25.1 189,436 % from , up
250
$
22.0 127,500 % from in October $ 155,238 of 2016 in October and up of 5.32016 % from and $ 151,500 up 14.6 % last from month . The Average Sales Price in October $ 189,436 , up
230
$ 165,344 last month . October 2017 ASP was at the highest level
22.0 compared % from to $ 155,238 October in of October 2016 and of 2016 2015 and . up 14.6 % from
210
$ 165,344 last month . October 2017 ASP was at the highest level
190
|
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
250
Median Sales Price and Average Sales Price
230
210
190
170
150
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
||||||||||||||||
compared to October of 2016 and 2015 . |
170
150
130
110
90
70
50
|
130
110
90
70
50
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 251 , up of Properties 14.1 % from available 220 last for month sale as and of up 13.1 %
October from 222 was in 251 October , up 14.1 of % last from year 220 . October last month 2017 and Inventory up 13.1 % was
350 at
|
350
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
16.0 |
16.0
14.0
|
|||||||||||||||
from its highest 222 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at |
300 |
250 |
14.0 |
12.0 |
|||||||||||||||
its highest level compared with October of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 3.8
100 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 3.8 of 2016 months was at its lowest level compared with October of 2016
50 and 2015 . and 2015 .
0
|
12.0
200
10.0
150
8.0
100
6.0
50
4.0
2.0
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
0.0 A S O
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
|
10.0
8.0
6.0
4.0
2.0
0.0
|