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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 |
$ 677,450 |
10 % |
9 % |
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Average List Price of all Current Listings |
$ 970,043 |
6 % |
13 % |
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April Median Sales Price |
$ 273,500 |
-12% -1% |
12 % |
9 % |
$ 275,000 |
12 % |
10 % |
|
April Average Sales Price |
$ 474,310 |
-3% |
0 % |
11 % |
12 % |
$ 473,701 |
26 % |
12 % |
Total Properties Currently for Sale ( Inventory ) |
348 |
-4% |
-7% |
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April Number of Properties Sold |
120 -14% |
-12% |
405 |
-7% |
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April Average Days on Market ( Solds ) |
69 |
-3% |
-1% |
15 % |
5 % |
70 |
6 % |
6 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 235 |
8 % |
3 % |
6 % |
12 % |
$ 228 |
12 % |
9 % |
April Sold Price per Square Foot |
$ 196 |
-5% |
0 % |
12 % |
10 % |
$ 195 |
16 % |
10 % |
April Month ' s Supply of Inventory |
2.9 |
11 % -11% |
6 % |
-23% |
3.8 |
3 % |
1 % |
|
April Sale Price vs List Price Ratio |
94.7 % |
-. 4 % |
. 3 % -1.1% |
. 4 % |
94.4 % |
0 % |
0 % |
Property Sales 160
April Property sales were 120 , down 12.4 % from 137 in April of Number of Properties Sold
3 Mo Avg
2016 and 13.7 % lower than the 139 sales last month . April 2017 140 Property sales were Sales at a mid level compared to April of 2016 and 2015 . 160
120
April Property YTD sales sales of were 405 are 120 , running down 12.4 6.7 % from behind 137 last in April year of ' s yearto-date sales of 434 .
100
2016 and 13.7 % lower than the 139 sales last month . April 2017 140 sales were at a mid level compared to April of 2016 and 2015 .
120
April YTD sales of 405 are running 6.7 % behind last year ' s yearto-date sales of 434 .
100
80 60
80 40
60 20
40 0
20
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 N D J F M A
0 14 15
16
17 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 N D J F M A
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in April was $ 273,500 , up 11.6 % from
600
Prices $ 245,000 in April of 2016 and down 11.8 % from $ 310,000 last Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 273,500 April was , up $ 474,310 11.6 % from , up 11.3 % 550
600 $ from 245,000 $ 426,013 in April in of April 2016 of and 2016 down and 11.8 down % from 3.5 % $ 310,000 from $ 491,427 last 500 month . The Average Sales Price in April was $ 474,310 , up 11.3 % 550
last month . April 2017 ASP was at the highest level compared to 450 from April $ 426,013 of 2016 in and April 2015 of . 2016 and down 3.5 % from $ 491,427 500
400 last month . April 2017 ASP was at the highest level compared to 450 April of 2016 and 2015 .
350 400
300
350 300
250
250 200
200 150
150 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 N D J F M A
M J
14 J 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
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of April Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 348 , Inventory down 4.1 of % Properties from 363 last available month for and sale down as of 7.0 April % from 500
8.0 was 374348 in , April down of 4.1 last % from year . 363 April last 2017 month Inventory and down was 7.0 at % its from lowest 500
8.0 7.0 400
374 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
7.0 6.0 400 level compared with April of 2016 and 2015 . 6.0
300 5.0
300
5.0 4.0
200 4.0
3.0 A comparatively lower MSI is more beneficial for sellers while 200 a
3.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 2.9 a
2.0 100 higher MSI is better for buyers . The April 2017 MSI of 2.9 2.0 months was at a mid level compared with April of 2016 and 100 1.0 months was at a mid level compared with April of 2016 and 1.0
2015 . 0
0.0 2015 .
0
0.0 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 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 N D J F M A 14
15 16
17 14
15 16
17
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