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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 |
$ 187,000 |
4 % |
17 % |
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Average List Price of all Current Listings |
$ 238,949 |
4 % |
14 % |
|||||
October Median Sales Price |
$ 152,000 |
0 % |
1 % |
27 % |
28 % |
$ 141,500 |
23 % |
19 % |
October Average Sales Price |
$ 160,721 |
2 % |
2 % |
17 % |
20 % |
$ 154,223 |
17 % |
16 % |
Total Properties Currently for Sale ( Inventory ) |
510 |
-2% |
-11% |
|||||
October Number of Properties Sold |
143 |
1 % |
12 % |
1,388 |
8 % |
|||
October Average Days on Market ( Solds ) |
87 |
28 % |
18 % |
16 % |
1 % |
76 |
-13% |
-12% |
Asking Price per Square Foot ( based on New Listings ) |
$ 96 |
4 % |
2 % |
12 % |
17 % |
$ 92 |
12 % |
12 % |
October Sold Price per Square Foot |
$ 86 |
1 % |
2 % |
17 % |
20 % |
$ 82 |
15 % |
14 % |
October Month ' s Supply of Inventory |
3.6 |
-2% |
5 % |
-21% -29% |
4.0 |
-21% |
-21% |
|
October Sale Price vs List Price Ratio |
94.8 % |
. 9 % |
. 6 % |
4.4 % 2.8 % |
93.8 % |
2 % |
2 % |
Number of Properties Sold |
3 Mo Avg |
||||||||||||||||||||||||||||||||||||
Property Sales |
180 |
||||||||||||||||||||||||||||||||||||
October Property sales were 143 , up 11.7 % from 128 in October of 2015 and 0.7 % higher than the 142 sales last month . October
Property
2016 sales
Sales were at their highest level compared to October of
180
October Property sales were 143 , up 11.7 % from 128 in October
2015 and 2014 . October YTD sales of 1,388 are running 7.6 % of 2015 and 0.7 % higher than the 142 sales last month . October
160 ahead of last year ' s year-to-date sales of 1,290 .
2016 sales were at their highest level compared to October of
140
2015 and 2014 . October YTD sales of 1,388 are running 7.6 %
120 ahead of last year ' s year-to-date sales of 1,290 .
|
160
140
120
100
80
|
Number of Properties Sold |
3 Mo Avg |
||||||||||||||||||||||||||||||||||
100 |
60 |
||||||||||||||||||||||||||||||||||||
80 |
40 |
||||||||||||||||||||||||||||||||||||
60 |
20 |
||||||||||||||||||||||||||||||||||||
40 |
|||||||||||||||||||||||||||||||||||||
0 |
|||||||||||||||||||||||||||||||||||||
20 |
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 |
|||||||||||||||||||||||
0 |
13 |
14 |
15 |
16 |
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Prices
The Median Sales Price in October was $ 152,000 , up 27.2 %
Prices from $ 119,500 in October of 2015 and up 0.3 % from $ 151,500
The last Median month Sales . The Price Average in October Sales Price was $ in 152,000 October , up was 27.2 $ % 160,721 , from up 17.1 $ 119,500 % from in $ October 137,193 of in 2015 October and of up 2015 0.3 % and from up $ 1.8 151,500 % from
190 last
$ 157,906 month . last The month Average
. October Sales Price
2016 in October
ASP was was at the
$ 160,721 highest
, level up 17.1 % from $ 137,193 in October of 2015 and up 1.8 % from
170 compared to October of 2015 and 2014 .
$ 157,906 last month . October 2016 ASP was at the highest level
150
|
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
13
14
Median Sales
15 Price and Average Sales
16 Price
Median Sales Price and Average Sales Price
190
170
150
130
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
||||||||||||||||||||||||||||||||||
compared to October of 2015 and 2014 . |
130 |
110 |
|||||||||||||||||||||||||||||||||||
110 |
90 |
||||||||||||||||||||||||||||||||||||
90 |
70 |
||||||||||||||||||||||||||||||||||||
70 |
50 |
||||||||||||||||||||||||||||||||||||
50 |
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
13J
|
F
14 M A M J
|
J |
A S O N D |
J |
F M15A M J |
J |
A S O N D |
J |
F M A16M J |
J |
A S O |
|||||||||||||||||||||||||
13 |
14 |
15 |
16 |
||||||||||||||||||||||||||||||||||
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
||||||||||||||||||||||||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 510 , down of Properties 1.7 % from available 519 last for month sale as and of down
October was 510 , down 1.7 % from 519 last month and down
800
11.3 % from 575 in October of last year . October 2016 Inventory
11.3 was % at from its lowest 575 in October level compared of last year with . October 2016 of 2015 Inventory and 2014
700 .
|
800
700
600
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
12.0
10.0
|
12.0
10.0
|
|||||||||||||||||||||||||||||||||
was at its lowest level compared with October of 2015 and 2014 .
600
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 3.6 higher MSI is better for buyers . The October 2016 MSI of 3.6
200 months was at its lowest level compared with October of 2015 months was at its lowest level compared with October of 2015
100 and and 2014
2014 .
.
0
|
500
8.0
400
6.0
300
200
4.0
100
2.0
0
0.0
N
D NJ
DF MJ
AF
M JA JM AJ
SJ OA NSDOJ
NF DM JA FM MJ
AJ
MA SJ
OJ NA DS JO FN MD AJ
MF JM JAAMS JO
J A S O
13
13
14
14
15
15
16
16
|
8.0
6.0
4.0
2.0
0.0
|