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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 |
$ 1,899,000 |
-3% |
-5% |
|||||
Average List Price of all Current Listings |
$ 3,030,516 |
-1% |
0 % |
|||||
November Median Sales Price |
$ 1,823,101 |
10 % |
14 % |
-3% |
10 % |
$ 1,600,000 |
-3% |
-3% |
November Average Sales Price |
$ 2,423,642 |
3 % |
11 % |
-1% |
3 % |
$ 2,250,764 |
-6% |
-5% |
Total Properties Currently for Sale ( Inventory ) |
1,469 |
8 % |
26 % |
|||||
November Number of Properties Sold |
59 |
11 % |
-13% |
930 |
-14% |
|||
November Average Days on Market ( Solds ) |
161 |
3 % |
-6% -10% |
10 % |
142 |
-3% |
-3% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 713 |
-1% |
1 % |
-3% |
6 % |
$ 690 |
2 % |
3 % |
November Sold Price per Square Foot |
$ 617 |
-2% |
2 % |
-1% |
-2% |
$ 641 |
2 % |
2 % |
November Month ' s Supply of Inventory |
24.9 |
-3% |
3 % |
45 % 101 % |
17.6 |
45 % |
43 % |
|
November Sale Price vs List Price Ratio |
90.1 % |
-. 1 % 1.2 % -2.0% -2.4% |
90.6 % |
-2% |
-2% |
Property Sales |
180 |
November Property sales were 59 , down 13.2 % from 68 in | |
November of 2015 and 11.3 % higher than the 53 sales last |
160 |
month . November 2016 sales were at their lowest level |
140 |
Property compared to Sales November of 2015 and 2014 . November YTD sales
November of 930 are Property running 14.0 sales % were behind 59 , last down year 13.2 ' s year-to-date % from 68 in sales of
November
1,082 . of 2015 and 11.3 % higher than the 53 sales last
|
180
120
160
100
|
month . November 2016 sales were at their lowest level |
140
80
|
compared to November of 2015 and 2014 . November YTD sales of 930 are running 14.0 % behind last year ' s year-to-date sales of |
120
60
|
1,082 . |
100
40
|
600 | ||||
40 |
D
J
13
14
|
|||
Prices
The Median Sales Price in November was $ 1,823,101 , down
2.8 % from $ 1,875,000 in November of 2015 and up 10.5 % from
$ 1,650,000 last month . The Average Sales Price in November
|
20
0
2,800
D
J
2,600
13
14
|
|||
Prices was $ 2,423,642 , down 1.0 % from $ 2,449,255 in November of
The
2015 Median and up Sales 3.3 % Price from in $ 2,346,284
November last was month $ 1,823,101
. November , down
2016
2,400
2,800
2.8
ASP % from was at $ a 1,875,000 mid range in compared November to of November 2015 and of up 2015 10.5 and % from
2,200
$
2014 1,650,000 . last month . The Average Sales Price in November
2,600
2,000 was $ 2,423,642 , down 1.0 % from $ 2,449,255 in November of
2015 and up 3.3 % from $ 2,346,284 last month . November 2016
2,400
1,800
| ||||
ASP was at a mid range compared to November of 2015 and
2014 .
|
2,200
1,600
|
|||
2,000
1,400
|
||||
1,800 |
D |
J |
||
13
14
| ||||
1,600 |
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 |
15 |
16 |
Inventory & MSI |
1,400 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|||||||||
The Total Inventory of Properties available for sale as of
November was 1,469 , up 7.7 % from 1,364 last month and up
|
1,600 |
D
J
F M A M J
13
14
|
J |
A S O N D
J
F M A M J
15
|
J |
A S O N D
J
F M A M J
16
|
J |
A S O N
30.0
|
|||
25.6 % from 1,170 in November of last year . November 2016 |
1,400 |
25.0 |
|||||||||
Inventory was at its highest level compared with November of
Inventory & MSI
2015 and 2014 .
The Total Inventory of Properties available for sale as of
November was 1,469 , up 7.7 % from 1,364 last month and up
|
1,200
1,000
1,600
800
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
20.0
15.0
30.0
|
||||||||
25.6 % from 1,170 in November of last year . November 2016
1,400
600
A comparatively lower MSI is more beneficial for sellers while a
Inventory was at its highest level compared with November of
1,200 higher MSI is better for buyers . The November 2016 MSI of
400
2015 and 2014 .
24.9 months was at its highest level compared with November of
1,000
200
|
10.0
25.0
5.0
20.0
|
||||||||||
2015 and 2014 . |
8000 |
0.0
15.0
|
|||||||||
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of
24.9 months was at its highest level compared with November of 2015 and 2014 .
|
600
400
200
0
|
D
J
F M A M J
13
14
|
J A S O N D J
F M A M J
15
|
J A S O N D J
F M A M J
16
|
J A S O N |
10.0
5.0
0.0
|
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 |
15 |
16 |
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 |
15 |
16 |