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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 |
$ 383,888 |
4 % |
13 % |
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Average List Price of all Current Listings |
$ 682,946 |
8 % |
12 % |
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December Median Sales Price |
$ 241,750 |
-11% |
-6% |
6 % |
2 % |
$ 250,000 |
5 % |
5 % |
December Average Sales Price |
$ 417,582 |
-1% |
16 % |
-0% |
16 % |
$ 367,246 |
2 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
768 |
-3% |
-17% |
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December Number of Properties Sold |
152 |
8 % |
-3% |
2,078 |
7 % |
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December Average Days on Market ( Solds ) |
70 |
11 % |
-3% |
-21% -19% |
80 |
-8% |
-7% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 260 |
15 % |
16 % |
43 % |
43 % |
$ 203 |
12 % |
12 % |
December Sold Price per Square Foot |
$ 186 |
4 % |
6 % |
14 % |
17 % |
$ 169 |
6 % |
6 % |
December Month ' s Supply of Inventory |
5.1 -10% -12% -15% -13% |
5.2 |
-11% |
-11% |
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December Sale Price vs List Price Ratio |
92.5 % |
-. 6 % |
-. 5 % |
. 4 % |
. 4 % |
92.6 % |
1 % |
0 % |
Property Sales |
250 |
|
December Property sales were 152 , down 2.6 % from 156 in | ||
December of 2016 and 7.8 % higher than the 141 sales last | ||
Property month . December Sales 2017 sales were at a mid level compared to
250
|
200 |
|
December Property of 2016 sales and were 2015 . 152 December , down 2.6 YTD % from sales 156 of in 2,078 are | ||
December running 6.6 of 2016 % ahead and 7.8 of last % higher year ' s than year-to-date the 141 sales sales last of 1,949 . month . December 2017 sales were at a mid level compared to |
200 |
150 |
December of 2016 and 2015 . December YTD sales of 2,078 are |
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running 6.6 % ahead of last year ' s year-to-date sales of 1,949 . |
150 |
100 |
50 |
0 |
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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 |
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0 |
15 |
16 |
17 |
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Prices
The Median Sales Price in December was $ 241,750 , up 6.4 %
Prices from $ 227,250 in December of 2016 and down 11.0 % from
The
$ 271,500 Median last Sales month Price . in The December Average was Sales $ 241,750 Price in , up December 6.4 % was
600 from
$ 417,582 $ 227,250 , down in December 0.3 % from of $ 2016 418,726 and in down December 11.0 % from of 2016 and
$ 271,500 last month . The Average Sales Price in December was
550 down 0.8 % from $ 420,930 last month . December 2017 ASP
$ was 417,582 at a , mid down range 0.3 % compared from $ 418,726 to December in December of 2016 of 2016 and and 2015 .
500 down 0.8 % from $ 420,930 last month . December 2017 ASP
450 was at a mid range compared to December of 2016 and 2015 .
400
350
300
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F M A M J
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600
550
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450
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A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
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F Sales M A MPrice J
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A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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3 Mo Avg |
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150 |
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150 |
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A S O N D
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A S O N D
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A S O N D
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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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
December Total Inventory was 768 of , down Properties 2.9 % available from 791 for last sale month as of and down
1,200
December
17.4 % from was 930 768 in , down December 2.9 % from of last 791 year last . month December and down 2017
1,200
9.0
1,000
17.4
Inventory % from 930 was in at December its lowest of level last compared year . December with December 2017 of
8.0
1,000
Inventory
2016 and was 2015 at . its lowest level compared with December of
800
7.0
2016 and 2015 .
800
6.0
600
5.0
600
A comparatively lower MSI is more beneficial for sellers while a
400
4.0
A comparatively lower MSI is more beneficial for sellers while a
400
3.0 higher MSI is better for buyers . The December 2017 MSI of 5.1
200 higher MSI is better for buyers . The December 2017 MSI of 5.1
2.0 months was at its lowest level compared with December of
2016200 months was at its lowest level compared with December of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
15
16
17
15
16
17
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