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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 |
$ 265,000 |
0 % |
6 % |
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Average List Price of all Current Listings |
$ 342,302 |
1 % |
4 % |
|||||
July Median Sales Price |
$ 205,000 |
2 % |
3 % |
19 % |
11 % |
$ 195,000 |
8 % |
6 % |
July Average Sales Price |
$ 229,633 |
-3% |
-2% |
15 % |
7 % |
$ 231,212 |
10 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
1,762 -10% |
-4% |
||||||
July Number of Properties Sold |
449 -11% |
-2% |
3,260 |
4 % |
||||
July Average Days on Market ( Solds ) |
85 |
0 % |
5 % |
10 % |
13 % |
79 |
5 % |
5 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 143 |
-3% |
-1% |
9 % |
2 % |
$ 146 |
7 % |
4 % |
July Sold Price per Square Foot |
$ 127 |
-7% |
-4% |
7 % |
4 % |
$ 132 |
9 % |
7 % |
July Month ' s Supply of Inventory |
3.9 |
1 % |
2 % |
-3% |
-19% |
4.8 |
1 % |
-0% |
July Sale Price vs List Price Ratio |
93.3 % |
. 4 % |
-. 2 % -. 3 % |
-. 8 % |
93.6 % |
-0% |
-0% |
Property Sales |
700 |
||
July Property sales were 449 , down 1.5 % from 456 in July of | |||
2016 and 10.6 % lower than the 502 sales last month . July 2017 |
600 |
||
Property sales were Sales at their lowest level compared to July of 2016 and
700
| |||
July
2015 Property . July YTD sales sales were of 449 3,260 , down are 1.5 running % from 456 3.9 % in ahead July of of last
|
500 |
||
2016 year and ' s year-to-date 10.6 % lower sales than of the 3,137 502 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and |
600 |
400 |
|
2015 . July YTD sales of 3,260 are running 3.9 % ahead of last |
500 |
||
year ' s year-to-date sales of 3,137 . |
300 |
||
400 |
|||
200 |
|||
300 |
|||
200 |
100 |
Prices | ||
The Median Sales Price in July was $ 205,000 , up 18.8 % from | ||
Prices
$ 172,500 in July of 2016 and up 2.2 % from $ 200,575 last
|
240 |
|
The month Median . The Sales Average Price Sales in July Price was $ in 205,000 July was , up $ 229,633 18.8 % from , up 14.5 %
$ from 172,500 $ 200,471 in July of in 2016 July of and 2016 up 2.2 and % down from $ 2.7 200,575 % from last $ 235,977
240
|
220 |
|
month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 229,633 level , compared up 14.5 % to from $ 200,471 in July of 2016 and down 2.7 % from $ 235,977
220
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
200
|
200
180
|
|
July of 2016 and 2015 . |
180 |
160 |
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14 |
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16 |
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A S Sales O N D Price
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Median Sales Price and Average Sales Price |
120 |
100 |
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100 |
A |
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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S
14 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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F M A
17 M J
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14 |
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16 |
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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 July
The was Total 1,762 Inventory , down 10.0 of Properties % from 1,957 available last month for sale and as of down July 4.4 %
3,000 was from 1,762 1,844 , down in July 10.0 of % from last year 1,957 . July last month 2017 Inventory and down was 4.4 % at a mid
3,000
2,500 from level 1,844 compared in July with of last July year of . 2016 July 2017 and 2015 Inventory . was at a mid
2,500 level compared with July 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 July 2017 MSI of 3.9 higher MSI is better for buyers . The July 2017 MSI of 3.9
500
2.0 months was at a mid level compared with July of 2016 and
2015500 . months was at a mid level compared with July of 2016 and 2015 .
1.0
0
0
0.0
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
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
14
15
16
17
14
15
16
17
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J |