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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 |
$ 276,000 |
-1% |
1 % |
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Average List Price of all Current Listings |
$ 368,720 |
-1% |
-0% |
|||||
August Median Sales Price |
$ 225,133 |
3 % |
2 % |
12 % |
10 % |
$ 220,000 |
10 % |
7 % |
August Average Sales Price |
$ 268,761 |
5 % |
2 % |
13 % |
9 % |
$ 266,148 |
10 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
2,057 |
4 % |
4 % |
|||||
August Number of Properties Sold |
496 |
1 % |
2 % |
3,908 |
4 % |
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August Average Days on Market ( Solds ) |
72 |
-6% |
-4% |
3 % |
3 % |
77 |
13 % |
10 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 156 |
1 % |
0 % |
4 % |
1 % |
$ 157 |
4 % |
2 % |
August Sold Price per Square Foot |
$ 144 |
0 % |
0 % |
10 % |
7 % |
$ 145 |
9 % |
7 % |
August Month ' s Supply of Inventory |
4.1 |
3 % |
5 % |
2 % |
-15% |
4.7 |
-3% |
-3% |
August Sale Price vs List Price Ratio |
95.4 % |
. 7 % |
. 7 % |
. 4 % |
. 5 % |
94.7 % |
-0% |
-0% |
Property Sales |
700 |
||
August Property sales were 496 , up 2.3 % from 485 in August of | |||
2016 and 0.8 % higher than the 492 sales last month . August |
600 |
||
Property
2017 sales Sales were at their highest level compared to August of
|
700 |
||
August
2016 and Property 2015 . sales August were YTD 496 , sales up 2.3 of % 3,908 from 485 are running August 3.8 of %
|
500 |
||
2016 ahead and of 0.8 last % year higher ' s year-to-date than the 492 sales of last 3,764 month . . August
2017 sales were at their highest level compared to August of
|
600 |
400 |
|
2016 and 2015 . August YTD sales of 3,908 are running 3.8 % |
500 |
||
ahead of last year ' s year-to-date sales of 3,764 . |
300 |
||
400 |
|||
200 |
|||
300 |
|||
200 |
100 |
Prices | ||
The Median Sales Price in August was $ 225,133 , up 11.5 % from | ||
Prices
$ 201,900 in August of 2016 and up 3.0 % from $ 218,500 last
|
290 |
|
The month Median . The Sales Average Price Sales in August Price was in August $ 225,133 was , up $ 11.5 268,761 % from , up
$
13.2 201,900 % from in August $ 237,514 of 2016 in August and up of 3.0 2016 % from and $ up 218,500 5.4 % from last
290
|
270 |
|
month
$ 254,939 . The last Average month Sales . August Price in 2017 August ASP was $ at 268,761 the highest , up level
13.2 % from $ 237,514 in August of 2016 and up 5.4 % from
270 compared to August of 2016 and 2015 .
$ 254,939 last month . August 2017 ASP was at the highest level
250
|
250
230
|
|
compared to August of 2016 and 2015 . |
230 |
210 |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A |
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14 |
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16 |
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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 |
170 |
150 |
||||||||
150 |
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
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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 2,057 Inventory , up 4.1 % of from Properties 1,976 last available month for and sale up as 4.3 of % August from
3,000 was
1,972 2,057 in , August up 4.1 % of from last 1,976 year . last August month 2017 and Inventory up 4.3 % from was at its
3,000
2,500
1,972 highest in August level compared of last year with . August 2017 of Inventory 2016 and was 2015 at . its
2,500 highest level compared with August of 2016 and 2015 .
2,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
8.0
7.0
6.0
|
|||||||
2,000
1,500
|
5.0 |
||||||||
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The August 2017 MSI of 4.1 higher MSI is better for buyers . The August 2017 MSI of 4.1
500
2.0 months was at its highest level compared with August of 2016
500 months was at its highest level compared with August of 2016
1.0 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
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