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 |
$ 475,000 |
1 % |
12 % |
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Average List Price of all Current Listings |
$ 1,090,189 |
1 % |
16 % |
|||||
March Median Sales Price |
$ 270,000 |
-4% |
-4% |
4 % |
-4% |
$ 270,000 |
4 % |
-4% |
March Average Sales Price |
$ 481,434 |
-1% |
0 % |
2 % |
4 % |
$ 471,297 |
2 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
2,353 |
1 % |
-13% |
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March Number of Properties Sold |
341 |
50 % |
-6% |
808 |
-9% |
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March Average Days on Market ( Solds ) |
94 |
8 % |
3 % |
-9% |
-12% |
92 |
-7% |
-14% |
Asking Price per Square Foot ( based on New Listings ) |
$ 333 |
-3% |
2 % |
5 % |
7 % |
$ 329 |
5 % |
6 % |
March Sold Price per Square Foot |
$ 256 |
-2% |
-1% |
5 % |
4 % |
$ 255 |
5 % |
3 % |
March Month ' s Supply of Inventory |
6.9 -33% -23% -7% |
-15% |
9.0 |
-1% |
11 % |
|||
March Sale Price vs List Price Ratio |
93.7 % -1.1% -. 1 % -. 3 % |
-. 4 % |
93.8 % |
-0% |
-0% |
Property Sales |
450 |
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March Property sales were 341 , down 5.8 % from 362 in March of 2016 and 49.6 % higher than the 228 sales last month . March |
400 |
Number of Properties Sold |
3 Mo Avg |
|||||||||||||||
Property
2017 sales Sales were at their lowest level compared to March of 2016
450
|
350 |
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March and 2015 Property . March sales YTD were sales 341 , of down 8085.8 are % running from 3629.3 in % March behind last of 2016 and 49.6 % higher than the 228 sales last month . March
400 year ' s year-to-date sales of 891 .
|
300 |
|||||||||||||||||
2017 sales were at their lowest level compared to March of 2016 |
350 |
250 |
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and 2015 . March YTD sales of 808 are running 9.3 % behind last year ' s year-to-date sales of 891 . |
300 |
200 |
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250 |
150 |
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200 |
100 |
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150 |
50 |
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100 |
0 |
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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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in March was $ 270,000 , up 3.8 % from
Prices
$ 260,000 in March of 2016 and down 4.1 % from $ 281,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 270,000 was , up $ 481,434 3.8 % from , up
600
$
1.5 260,000 % from in $ March 474,223 of 2016 in March and down of 2016 4.1 and % from down $ 281,500 1.1 % from last month
$ 486,562 . The last Average month Sales . March Price 2017 in March ASP was $ at 481,434 the highest , up level
550
1.5 compared % from $ 474,223 to March in of March 2016 of and 2016 2015 and . down 1.1 % from
500
|
A
M J
14
600
550
500
450
|
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
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||||||||||||
$ 486,562 last month . March 2017 ASP was at the highest level compared to March of 2016 and 2015 . |
450
400
|
400
350
|
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350 |
300 |
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300 |
250 |
250 |
200 |
||||||
200 |
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 |
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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 2,353 Inventory , up 0.7 % of from Properties 2,336 available last month for and sale down as of March 12.8 % from
3,000 was
2,698 2,353 in , March up 0.7 % of from last year 2,336 . March last month 2017 and Inventory down 12.8 was % from at its
3,000
2,500
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0 |
12.0
10.0
|
||||
2,698 lowest in level 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
6.0
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
4.0 higher MSI is better for buyers . The March 2017 MSI of 6.9 higher months MSI was is better at a mid for level buyers compared . The March with 2017 March MSI of of 2016 6.9
500 and
500
2.0 months
2015 . was at a mid level compared with March of 2016 and
0
2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
|
4.0
2.0
0.0
|