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Trending versus *: |
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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 |
$ 258,547 |
3 % |
21 % |
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Average List Price of all Current Listings |
$ 278,190 |
-0% |
12 % |
|||||
September Median Sales Price |
$ 220,000 |
-2% |
-1% |
14 % |
15 % |
$ 216,000 |
14 % |
13 % |
September Average Sales Price |
$ 233,718 |
0 % |
0 % |
16 % |
16 % |
$ 225,734 |
13 % |
12 % |
Total Properties Currently for Sale ( Inventory ) |
522 |
10 % |
71 % |
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September Number of Properties Sold |
189 -20% |
-5% |
1,848 |
12 % |
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September Average Days on Market ( Solds ) |
44 |
10 % |
16 % |
16 % |
10 % |
38 |
-5% |
-5% |
Asking Price per Square Foot ( based on New Listings ) |
$ 114 |
3 % |
4 % |
16 % |
15 % |
$ 108 |
10 % |
9 % |
September Sold Price per Square Foot |
$ 107 |
4 % |
1 % |
12 % |
14 % |
$ 104 |
12 % |
11 % |
September Month ' s Supply of Inventory |
2.8 |
38 % |
25 % |
79 % |
51 % |
2.1 |
16 % |
15 % |
September Sale Price vs List Price Ratio |
96.8 % |
. 4 % |
-. 7 % |
. 1 % |
-. 4 % |
97.7 % |
1 % |
1 % |
Property Sales |
300 |
|
September Property sales were 189 , down 4.5 % from 198 in |
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September of 2016 and 20.3 % lower than the 237 sales last
Property month . September Sales 2017 sales were at their lowest level
|
300 |
250 |
September compared Property to September sales were of 2016 189 , and down 2015 4.5 .% September from 198 in YTD
September sales of 1,848 of 2016 are and running 20.3 % 12.2 lower % ahead than the of last 237 year sales ' s last year-todate sales . September of 1,6472017 . sales were at their lowest level month compared to September of 2016 and 2015 . September YTD sales of 1,848 are running 12.2 % ahead of last year ' s year-todate
|
250
200
|
200
150
|
sales of 1,647 . |
150 |
100 |
50 |
0 |
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 J |
J |
A S |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in September was $ 220,000 , up 14.0 %
Prices from $ 193,000 in September of 2016 and down 2.2 % from
The
$ 225,000 Median last Sales month Price . in The September Average was Sales $ 220,000 Price in , up September 14.0 %
250 from was $ 193,000 233,718 , in up September 15.9 % from of 2016 $ 201,684 and down in September 2.2 % from of 2016
240
$ and 225,000 up 0.4 last % month from $ . 232,718 The Average last month Sales Price . September in September 2017 ASP $ 233,718 , up 15.9 % from $ 201,684 in of
230 was at the highest level compared to September of 2016 and and
2015 up . 0.4 % from $ 232,718 last month . September 2017 ASP
220 was at the highest level compared to September of 2016 and
210
|
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
|
3 Mo Avg |
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2015 . |
200
190
180
170
160
150
|
180
170
160
150
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 J
14
15
16
17
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 J
J
A S
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J |
A S |
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Inventory & MSI |
14 |
15 |
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
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Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 522 of , up Properties 9.7 % from available 476 last for month sale as of and up 71.1 %
September from 305 was in September 522 , up 9.7 of % last from year 476 . last September month and 2017 up Inventory 71.1 %
600 from was 305 at its in highest September level of compared last year . September with September 2017 Inventory of 2016 and
500 was
2015 at . its highest level compared with September of 2016 and
2015 .
400
|
600
500
400
300
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
4.0
3.5
3.0
2.5
|
|||||||||||||||||||||||||||||
300
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 2.8
200 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 2.8 of
100 months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
0
|
200
100
0
|
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 J |
2.0
1.5
1.0
0.5
0.0
J
A S
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O
N
14 D
J
F
15 M A M J
14
15
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J |
A S O N D
J
F M16A M J
16
|
J |
A S O N D
J
F M A17M J
17
|
J |
A S |