Trending versus *: |
Trending versus *: |
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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 |
$ 1,799,950 |
-3% |
-19% |
|||||
Average List Price of all Current Listings |
$ 2,988,108 |
-0% |
-14% |
|||||
February Median Sales Price |
$ 1,090,000 |
20 % |
29 % -54% |
20 % |
$ 910,000 |
-31% |
0 % |
|
February Average Sales Price |
$ 2,064,167 |
77 % |
50 % -25% |
32 % |
$ 1,485,176 |
-28% |
-5% |
|
Total Properties Currently for Sale ( Inventory ) |
394 |
3 % |
28 % |
|||||
February Number of Properties Sold |
6 -45% |
-57% |
17 |
-43% |
||||
February Average Days on Market ( Solds ) |
122 |
-8% -16% -33% |
-6% |
128 |
-15% |
-2% |
||
Asking Price per Square Foot ( based on New Listings ) |
$ 827 |
4 % |
-2% |
-6% |
-2% |
$ 808 |
-15% |
-5% |
February Sold Price per Square Foot |
$ 746 |
27 % |
16 % -16% |
6 % |
$ 646 |
-18% |
-9% |
|
February Month ' s Supply of Inventory |
65.7 |
89 % |
54 % 198 % 197 % |
50.2 |
148 % |
127 % |
||
February Sale Price vs List Price Ratio |
91.8 %
5.2 % 2.2 % 4.1 %
|
. 8 % |
88.9 % |
-0% |
-2% |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||||||||
Property Sales |
45 |
|||||||||||||||||||||
February Property sales were 6 , down 57.1 % from 14 in
February of 2016 and 45.5 % lower than the 11 sales last month .
|
40 |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||||||
Property
February 2017 Sales sales were at their lowest level compared to
|
45 |
35 |
||||||||||||||||||||
February Property of 2016 sales and 2015 were . 6 , February down 57.1 YTD % from sales 14 of in 17 are
February running of 43.3 2016 % behind and 45.5 last % lower year ' s than year-to-date the 11 sales sales last of month 30 . . February 2017 sales were at their lowest level compared to
February of 2016 and 2015 . February YTD sales of 17 are running 43.3 % behind last year ' s year-to-date sales of 30 .
|
40
35
30
|
30
25
20
|
||||||||||||||||||||
25 |
15 |
|||||||||||||||||||||
20 |
10 |
|||||||||||||||||||||
15 |
5 |
|||||||||||||||||||||
10 |
0 |
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5 |
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 |
||||||||
0 |
14 |
15 |
16 |
17 |
||||||||||||||||||
Prices
The Median Sales Price in February was $ 1,090,000 , down
|
M
A M J
14
|
J |
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
|
3 Mo Avg |
||||||||||||||||||
Prices
53.7 % from $ 2,352,500 in February of 2016 and up 19.8 % from
4,200
The
$ 910,000 Median last Sales month Price . in The February Average was Sales $ 1,090,000 Price in , down February was
53.7 % from $ 2,352,500 in February of 2016 and up 19.8 % from
3,700
$ 2,064,167 , down 24.8 % from $ 2,743,857 in February of
20164,200
$ and 910,000 up 76.5 last % month from . $ The 1,169,364 Average last Sales month Price . February in 2017 was ASP
3,700
3,200
$ was 2,064,167 at a mid , down range 24.8 compared % from $ 2,743,857 to February in February of 2016 and of 2016 2015 . and up 76.5 % from $ 1,169,364 last month . February 2017 ASP
3,2002,700
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
||||||||||||||||||||
was at a mid range compared to February of 2016 and 2015 . |
2,7002,200 |
|||||||||||||||||||||
2,2001,700 | ||||||||||||||||||||||
1,7001,200 | ||||||||||||||||||||||
1,200 |
700 |
|||||||||||||||||||||
700 |
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
14 M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
|
|||||||||||||||||||||
14 |
15 |
16 |
17 |
|||||||||||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 394 , of up Properties 3.1 % from available 382 last for month sale as and of up 27.5 %
February from 309 was in 394 February , up 3.1 of % last from year 382 . last February month 2017 and up Inventory 27.5 % was
450 from at its 309 highest in February level compared of last year with . February 2017 of Inventory 2016 and was 2015 .
400 at its highest level compared with February of 2016 and 2015 .
350
300
|
450
400
350
300
250
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
70.0
60.0
50.0
|
70.0
60.0
50.0
40.0
|
||||||||||||||||||
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The February 2017 MSI of 65.7 higher MSI is better for buyers . The February 2017 MSI of 65.7
100 months was at its highest level compared with February of 2016 months was at its highest level compared with February of 2016
50 and 2015 . and 2015 .
0
|
200
40.0
150
30.0
100
20.0
50
10.0
0
0.0
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 J
F
14
15
16
17
14
15
16
17
|
30.0
20.0
10.0
0.0
|