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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 |
$ 429,000 |
2 % |
11 % |
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Average List Price of all Current Listings |
$ 666,960 |
4 % |
17 % |
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August Median Sales Price |
$ 305,000 |
2 % |
2 % |
10 % |
14 % |
$ 293,250 |
13 % |
10 % |
August Average Sales Price |
$ 354,950 |
-4% |
0 % |
10 % |
10 % |
$ 348,282 |
10 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
7,767 |
-2% |
-5% |
|||||
August Number of Properties Sold |
859 |
-6% |
-24% |
7,720 |
-8% |
|||
August Average Days on Market ( Solds ) |
80 |
3 % |
0 % |
0 % |
3 % |
82 |
5 % |
5 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 301 |
-1% |
1 % |
9 % |
8 % |
$ 297 |
8 % |
6 % |
August Sold Price per Square Foot |
$ 226 |
-1% |
0 % |
12 % |
12 % |
$ 219 |
10 % |
9 % |
August Month ' s Supply of Inventory |
9.0 |
3 % |
9 % |
25 % |
9 % |
8.6 |
6 % |
3 % |
August Sale Price vs List Price Ratio |
94.1 % |
. 3 % |
-. 1 % -. 8 % |
-. 6 % |
94.1 % |
-1% |
-1% |
Property Sales |
1,400 |
||
August Property sales were 859 , down 24.4 % from 1,136 in | |||
August of 2016 and 5.6 % lower than the 910 sales last month . |
1,200 |
||
Property
August 2017 Sales sales were at their lowest level compared to August
1,400
| |||
August of 2016 Property and 2015 sales . August were 859 YTD , down sales 24.4 of 7,720 % from are 1,136 running 7.5 % |
1,000 |
||
August behind of last 2016 year and ' s 5.6 year-to-date % lower than sales the of 910 8,347 sales . last month .
August 2017 sales were at their lowest level compared to August
|
1,200 |
800 |
|
of 2016 and 2015 . August YTD sales of 7,720 are running 7.5 % |
1,000 |
||
behind last year ' s year-to-date sales of 8,347 . |
600 |
||
800 |
|||
400 |
|||
600 |
|||
400 |
200 |
200 |
0 |
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 |
||||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in August was $ 305,000 , up 9.6 % from
Prices
$ 278,295 in August of 2016 and up 1.7 % from $ 300,000 last
The month Median . The Sales Average Price Sales in August Price was in August $ 305,000 was , up $ 354,950 9.6 % from , up
400
$
9.9 278,295 % from in August $ 322,887 of 2016 in August and up of 1.7 2016 % from and $ down 300,000 4.3 % last from month . The Average Sales Price in August $ 354,950 , up
380
$ 370,854 last month . August 2017 ASP was at the highest level
9.9 % from $ 322,887 in August of 2016 and down 4.3 % from
360 compared to August of 2016 and 2015 .
$ 370,854 last month . August 2017 ASP was at the highest level
340 compared to August of 2016 and 2015 .
320
300
280
260
240
220
200
|
S
O N D
J
F M A
MMedian J
J
A S Sales O N D Price
J
F M and A M Average J
J
A S OSales N D
J Price
F M A M J
J
A
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
14 N D
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
|
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14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
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Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 7,767 Inventory , down 2.4 of % Properties from 7,956 available last month for sale and as down of August 5.2 %
12,000 was from 7,767 8,191 , down in August 2.4 % from of last 7,956 year last . August month 2017 and down Inventory 5.2 % was at
12,000
10,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0 |
12.0
10.0
|
||||||||||||||||
from its lowest 8,191 in level August compared of last year with . August of 2017 2016 Inventory and 2015 was . at its lowest level compared with August of 2016 and 2015 . |
10,000
8,000
|
10.0 |
8.0 |
||||||||||||||||
8,000
6,000
|
8.0 |
6.0 |
|||||||||||||||||
6,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
4,000
A comparatively lower MSI is more beneficial for sellers while a
4,000
4.0 higher MSI is better for buyers . The August 2017 MSI of 9.0 higher months MSI was is better at its highest for buyers level . The compared August 2017 with MSI August of 9.0
2,000 of 2016
2,000
2.0 months and 2015 was
. at its highest level compared with August of 2016
0 and 2015 .
0
0.0
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 M J
J A
14
15
16
17
14
15
16
17
|
4.0
2.0
0.0
|