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 |
$ 1,450,000 |
-2% |
-25% |
|||||
Average List Price of all Current Listings |
$ 2,174,809 |
2 % |
-18% |
|||||
February Median Sales Price |
$ 657,500 |
-22% -46% -70% -45% |
$ 750,000 |
-52% |
-37% |
|||
February Average Sales Price |
$ 1,373,333 |
32 % -17% -33% -17% |
$ 1,208,758 |
-25% |
-27% |
|||
Total Properties Currently for Sale ( Inventory ) |
131 |
2 % |
-11% |
|||||
February Number of Properties Sold |
6 |
0 % |
-25% |
12 |
-14% |
|||
February Average Days on Market ( Solds ) |
176 |
48 % |
17 % |
-4% |
24 % |
147 |
-25% |
4 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 597 |
-2% |
6 % |
-10% |
5 % |
$ 606 |
-1% |
7 % |
February Sold Price per Square Foot |
$ 399 |
-1% -14% -21% -17% |
$ 400 |
-11% |
-16% |
|||
February Month ' s Supply of Inventory |
21.8 |
2 % |
17 % |
18 % |
25 % |
21.6 |
-0% |
23 % |
February Sale Price vs List Price Ratio |
83.8 % -5.5% -3.0% -1.8% -5.4% |
86.2 % |
-1% |
-3% |
5 |
0 |
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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 |
15 |
16 |
17 |
18 |
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Prices
The Median Sales Price in February was $ 657,500 , down 69.6 %
Prices from $ 2,162,500 in February of 2017 and down 22.2 % from
The
$ 845,000 Median last Sales month Price . in The February Average was Sales $ 657,500 Price , in down February 69.6 % was
|
M
A M J
15
2,400
|
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
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from
$ 1,373,333 $ 2,162,500 , down in February 33.5 % from of 2017 $ 2,064,875 and down in 22.2 February % from of 2017
|
|||||||||||||||||
$ and 845,000 up 31.5 last % month from . $ The 1,044,183 Average last Sales month Price . February in February 2018 was ASP
2,400
$ was 1,373,333 at the , down lowest 33.5 level % from compared $ 2,064,875 to February in February of 2017 of 2017
1,900 and 2016 . and up 31.5 % from $ 1,044,183 last month . February 2018 ASP
1,900 was at the lowest level compared to February of 2017 and 2016 .
1,400
|
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 |
|||
15 |
16 |
17 |
18 |
||||||||||||
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 131 , of up Properties 2.3 % from available 128 last for month sale as and of down 11.5 %
February from 148 was in February 131 , up 2.3 of % last from year 128 . last February month 2018 and down Inventory 11.5 % was
200 from at its 148 lowest in February level compared of last year with . February 2018 of 2017 Inventory and 2016 was .
|
200
150
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
30.0
25.0
|
||||||||||||
at its lowest level compared with February of 2017 and 2016 . |
150 |
||||||||||||||
20.0 | |||||||||||||||
100 | |||||||||||||||
100 |
15.0 |
||||||||||||||
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
February for sellers
2018 MSI while of a 21.8 higher MSI is better for buyers . The February 2018 MSI of 21.8
50 months was at its highest level compared with February of 2017 months was at its highest level compared with February of 2017 and 2016 . and 2016 .
0
|
50
10.0
5.0
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
15
15
16
16
17
17
18
18
|
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 |
15 |
16 |
17 |
18 |