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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 |
$ 599,000 |
1 % |
17 % |
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Average List Price of all Current Listings |
$ 1,046,991 |
-0% |
11 % |
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August Median Sales Price |
$ 432,663 |
8 % |
6 % |
3 % |
20 % |
$ 399,000 |
11 % |
11 % |
August Average Sales Price |
$ 749,668 |
7 % |
8 % |
24 % |
26 % |
$ 671,881 |
13 % |
13 % |
Total Properties Currently for Sale ( Inventory ) |
1,808 |
-4% |
-14% |
|||||
August Number of Properties Sold |
296 |
1 % |
16 % |
2,254 |
13 % |
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August Average Days on Market ( Solds ) |
123 |
4 % |
0 % |
-2% |
-13% |
133 |
-6% |
-6% |
Asking Price per Square Foot ( based on New Listings ) |
$ 324 |
-5% |
-6% |
1 % |
0 % |
$ 341 |
4 % |
5 % |
August Sold Price per Square Foot |
$ 308 |
4 % |
0 % |
11 % |
11 % |
$ 304 |
9 % |
10 % |
August Month ' s Supply of Inventory |
6.1 |
-5% |
1 % |
-26% -31% |
7.1 |
-19% |
-19% |
|
August Sale Price vs List Price Ratio |
94.0 % |
-. 9 % -. 7 % |
. 3 % |
-. 2 % |
94.5 % |
0 % |
0 % |
Property Sales |
400 |
|
August Property sales were 296 , up 15.6 % from 256 in August of | ||
2016 and 1.0 % higher than the 293 sales last month . August |
350 |
|
Property
2017 sales Sales were at their highest level compared to August of
400
August
2016 and Property 2015 . sales August were YTD 296 , sales up 15.6 of % 2,254 from are 256 running August 12.6 of %
2016 and 1.0 % higher than the 293 last month . August
350 ahead of last year ' s year-to-date sales of 2,001 .
2017 sales were at their highest level compared to August of
300
2016 and 2015 . August YTD sales of 2,254 are running 12.6 %
|
300
250
200
|
|
ahead of last year ' s year-to-date sales of 2,001 . |
250 |
150 |
200 |
||
100 |
||
150 |
||
50 |
||
100 |
||
0 |
||
50 |
Prices | ||
The Median Sales Price in August was $ 432,663 , up 3.5 % from | ||
Prices
$ 418,183 in August of 2016 and up 8.4 % from $ 399,000 last
The month Median . The Sales Average Price Sales in August Price was in August $ 432,663 was , up $ 3.5 749,668 % from , up
|
750 |
|
$
24.5 418,183 % from in August $ 602,286 of 2016 in August and up 8.4 of 2016 % from and $ 399,000 up 7.3 % last from
750 month
$ 698,470 . The last Average month Sales . August Price in 2017 August ASP was $ at 749,668 the highest , up level
|
650 |
|
24.5 compared % from $ to 602,286 August in of August 2016 and of 2016 2015 and . up 7.3 % from
$ 698,470 last month . August 2017 ASP was at the highest level
|
650 |
550 |
compared to August of 2016 and 2015 . |
550 |
450 |
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 |
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14 |
15 |
16 |
17 |
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J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
15
16
17
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J |
A |
3 Mo Avg |
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Median Sales Price and Average Sales Price |
350 |
250 |
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250 |
S |
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
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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J |
A |
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14 |
15 |
16 |
17 |
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Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 1,808 Inventory , down 4.3 of % Properties from 1,890 available last month for sale and as of down August 14.5 %
3,000 was from 1,808 2,114 , down in August 4.3 % from of last 1,890 year last . August month 2017 and down Inventory 14.5 % was at
3,000
2,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
14.0 |
14.0
12.0
|
|||||||
from its lowest 2,114 in level August compared of last year with . August 2017 of 2016 Inventory and 2015 was . at
2,500
12.0 its lowest level compared with August of 2016 and 2015 .
2,000
10.0
2,000
1,500
8.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The August 2017 MSI of 6.1
4.0 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 6.1
500 of 2016
500 months was at its lowest level compared with August of 2016
2.0 and 2015 .
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
|
10.0
8.0
6.0
4.0
2.0
0.0
|