Title Market Action Report April 2018 Phone

Website

Price Range : All | Properties : SFH - Con

Title Other

Phone Trending versus *: Trending versus *: Market Profile & Trends Overview Website Month LM L3M PYM LY YTD Prior YTD Prior Year

Price

Median

Range : All

List

| Properties

Price

: SFH

of

- Con

all Current Listings $ Other 319,000 7 % 20 % Average List Price of all Current Listings $ 489,880 Trending 4 % versus 16 *: %

Trending versus *: April Median Sales Price $ 236,500 3 % 3 % 8 % 6 % $ 230,000 10 % 3 % April Average Sales Price $ 319,000 $ 294,839 -5% -1% 11 % 1 % $ 297,566 11 % 2 %

$ 489,880 Total Properties Currently for Sale ( Inventory ) 2,219 -4% -16%

$ 236,500

$ 230,000 April Number of Properties Sold 933 -3% -0% 3,211 -4%

$ 294,839

$ 297,566 April Average Days on Market ( Solds ) 49 -16% -11% -8% -6% 55 -2% 6 %

2,219 -4% -16 Asking Price per Square Foot ( based on New Listings ) $ 178 3 % 4 % 15 % 13 % $ 171 9 % 9 % April Number of Properties Sold 933 -3% -0 3,211 -4% April Sold Price per Square Foot $ 162 1 % 1 % 11 % 7 % $ 160 11 % 5 % April Average Days on Market ( Solds ) 49 -16% -11% -8 -6 55 -2% 6 % April Month ' s Supply of Inventory Asking Price per Square Foot ( based on New Listings ) $ 178

2.4 3 %

-1 4

% -13 15

% -16 13

% -21% $ 171

3.0 9 %

-6% 9 % 0 %

April

April Sold

Sale Price

Price per

vs Square

List Price Foot

Ratio $ 16296.01 %

. 61 % . 11 7 % . 17 % . 6 % $ 160 95.4 11 % -0% 5 % -0%

* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

April Month ' s Supply of Inventory 2.4 -1% -13% -16% -21% 3.0 -6% 0 %

April Sale Price vs List Price Ratio 96.0 % . 6 % . 7 % . 1 % Number . 6 % of 95.4 Properties % -0% Sold -0%

* LM Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

1,200 April Property sales were 933 , down 0.3 % from 936 in April of

Number of Properties Sold

2017 and 2.9 % lower than the 961 sales last month . April 2018 Property Sales

1,000 sales were at their lowest level compared to April of 2017 and 1,200 April 2016 Property . April YTD sales sales were of 933 3,211 , down are 0.3 running % from 3.8 936 % in behind April of last

2017 year and ' s year-to-date

2.9 % lower than sales the of 3,339

961 sales . last month . April 2018 800

1,000 sales were at their lowest level compared to April of 2017 and 2016 . April YTD sales of 3,211 are running 3.8 % behind last year ' s year-to-date sales of 3,339 .

Prices The Median Sales Price in April was $ 236,500 , up 7.6 % from

Prices $ 219,700 in April of 2017 and up 2.8 % from $ 230,000 last The month Median . The Sales Average Price in Sales April Price was in $ 236,500 April was , up $ 7.6 294,839 % from , up

350

$ 219,700 11.5 % from in April $ 264,538 of 2017 in and April up of 2.8 2017 % from and $ down 230,000 5.3 % last from month . The Average Sales Price in April was $ 294,839 , up

330

$ 311,292 last month . April 2018 ASP was at the highest level 11.5 % from $ 264,538 in April of 2017 and down 5.3 % from 310 compared to April of 2017 and 2016 . $ 311,292 last month . April 2018 ASP was at the highest level 290 compared to April of 2017 and 2016 .

270 250 230 210 190 170 150 M 15

Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 2,219 Inventory , down 4.4 of % Properties from 2,320 available last month for sale and as of down April 16.1 % 3,500 was from 2,219 2,646 , down in April 4.4 % from of last 2,320 year . last April month 2018 and Inventory down 16.1 was % at its

3,500 3,000 from lowest 2,646 level in April compared of last with year April . of 2018 2017 Inventory and 2016 was . at its 3,000 2,500 lowest level compared with April of 2017 and 2016 . 2,500

2,000 2,000

1,500

A comparatively lower MSI is more beneficial for sellers while 1,500 a

A comparatively lower MSI is more beneficial for sellers while a

1,000 higher MSI is better for buyers . The April 2018 MSI of 2.4 1,000 higher MSI is better for buyers . The April 2018 MSI of 2.4 months was at its lowest level compared with April of 2017 and

500 months was at its lowest level compared with April of 2017 and 500

2016 . 0

2016 .

0

800

600

400

200

0

943

M 15

1,107 1,035 947 929 862 695 866 621 732 896 974 996 1,036 961 929 914 846 790 897 724 739 940 936 1,070 1,116 961 1,001 711 807 828 882 619 698 961 933

J 15 J A S O N D J

16

3,262

3,277 3,088 2,984 2,933 2,909 2,860 2,685

M J

15

943 1,107

Agent Name

600

400

200

350 330 310 290 270 250 230 210 190 170 150

M

1,035 947 929 862 695 866 621 732 896 974 996 1,036 961

Median Sales Price and Average Sales Price

J J A S O N D J

929

914

3 Mo Avg

3 Mo Avg

3,262

3,277 3,088 2,984 2,933 2,909 2,860 2,685 2,679 2,701 2,662

846

2,679 2,701 2,662 2,597 2,614 2,663 2,754 2,753 2,752 2,743 2,750 2,612 2,643 2,678 2,669 2,646 2,732 2,757 2,703 2,681 2,634 2,560 2,565 2,381 2,427 2,365 2,320 2,219

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 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 15

16

16 17

17 18

18

790 897 724 739 940

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

F M A18

2,597 2,614 2,663 2,754 2,753 2,752 2,743 2,750 2,612 2,643 2,678 2,669

936 1,070 1,116

2,646 2,732 2,757 2,703 961 1,001 711 807 828 882 619

5.0

4.0

2,681 2,634 2,560 2,565 2,381 2,427 2,365

3.0 2.0 1.0

3 Mo Avg

698 961

2,320 2,219

933

5.0 4.0

3.0 2.0 1.0 0.0

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