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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 |
$ 309,400 |
3 % |
11 % |
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Average List Price of all Current Listings |
$ 496,214 |
2 % |
10 % |
|||||
March Median Sales Price |
$ 212,950 |
-4% |
-2% |
4 % |
-3% |
$ 217,500 |
9 % |
-1% |
March Average Sales Price |
$ 283,099 |
3 % |
-1% |
7 % |
1 % |
$ 289,427 |
7 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,676 |
-0% |
-25% |
|||||
March Number of Properties Sold |
400 |
29 % |
6 % |
967 |
8 % |
|||
March Average Days on Market ( Solds ) |
98 |
-8% |
-4% -21% |
-5% |
100 |
-17% |
-3% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 184 |
4 % |
5 % |
10 % |
12 % |
$ 177 |
11 % |
7 % |
March Sold Price per Square Foot |
$ 161 |
4 % |
2 % |
12 % |
10 % |
$ 160 |
13 % |
9 % |
March Month ' s Supply of Inventory |
4.2 -23% -23% -30% -28% |
5.4 |
-31% |
-8% |
||||
March Sale Price vs List Price Ratio |
96.0 %
1.8 %
|
. 8 % |
2.1 % 1.3 % |
95.1 % |
2 % |
0 % |
Property Sales |
500 |
|
March Property sales were 400 , up 6.1 % from 377 in March of
2016 and 29.0 % higher than the 310 sales last month . March
|
450 |
|
Property
2017 sales Sales were at their highest level compared to March of 2016
500
|
400 |
|
March and 2015 Property . March sales YTD were sales 400 of , up 967 6.1 are % from running 377 in 8.3 March % ahead of of
450
2016 last and year 29.0 ' s year-to-date % higher than sales the of 310 893 sales . last month . March
2017 sales were at their highest level compared to March of 2016
400
|
350
300
|
|
and 2015 . March YTD sales of 967 are running 8.3 % ahead of |
350 |
250 |
last year ' s year-to-date sales of 893 . |
300 |
200 |
200 |
100 |
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150 |
50 |
|||||||||||||||||||
100 |
0 |
|||||||||||||||||||
50 |
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 |
|||||||
0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in March was $ 212,950 , up 3.9 % from
Prices
$ 205,000 in March of 2016 and down 4.1 % from $ 222,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 212,950 was , up $ 3.9 283,099 % from , up
350
$
6.6 205,000 % from in $ March 265,663 of 2016 in March and down of 2016 4.1 % and from up $ 2.9 222,000 % from last month . The Average Sales Price in March $ 283,099 , up
330
$ 275,196 last month . March 2017 ASP was at the highest level
6.6 % from $ 265,663 in March of 2016 and up 2.9 % from
310 compared to March of 2016 and 2015 .
$ 275,196 last month . March 2017 ASP was at the highest level
290 compared to March of 2016 and 2015 .
270
250
230
210
190
170
150
|
A
M J
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
14 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 M
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 March
The was Total 1,676 Inventory , down 0.2 of % Properties from 1,679 available last month for sale and as down of March 25.3 %
3,000 was from 1,676 2,243 , down in March 0.2 % from of last 1,679 year last . March month 2017 and down Inventory 25.3 % was at
3,000
2,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0 |
12.0
10.0
|
|||||||||||||||||
from its lowest 2,243 level in March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest level compared with March of 2016 and 2015 . |
2,500
2,000
|
10.0 |
8.0 |
|||||||||||||||||
2,000
1,500
|
8.0 |
6.0 |
||||||||||||||||||
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The March 2017 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 4.2
500 of 2016 and
500 months
2015 . was at its lowest level compared with March of 2016 and
0
2015 .
0
A
M J
M J
14
|
J A S O N D J
F M A M J
F M A M J
15
|
J A S O N D J
F M A M J
F M A M J
16
|
6.0
4.0
2.0
0.0
J A S O N D J
F M
F M
17
|
4.0
2.0
0.0
|