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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 |
$ 375,000 |
0 % |
18 % |
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Average List Price of all Current Listings |
$ 408,198 |
-2% |
16 % |
|||||
October Median Sales Price |
$ 287,000 |
8 % |
2 % |
6 % |
-2% |
$ 292,000 |
-1% |
0 % |
October Average Sales Price |
$ 329,950 |
15 % |
2 % |
12 % |
5 % |
$ 323,322 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
131 |
-4% |
-33% |
|||||
October Number of Properties Sold |
64 |
14 % |
-2% |
693 |
5 % |
|||
October Average Days on Market ( Solds ) |
58 |
21 % |
5 % |
-28% -18% |
60 |
-14% |
-15% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 154 |
-3% |
-5% |
5 % |
4 % |
$ 157 |
7 % |
6 % |
October Sold Price per Square Foot |
$ 153 |
5 % |
1 % |
9 % |
8 % |
$ 151 |
8 % |
7 % |
October Month ' s Supply of Inventory |
2.0 -16% -6% -32% -46% |
2.8 |
-28% |
-26% |
||||
October Sale Price vs List Price Ratio |
96.8 % |
-. 9 % -. 2 % 1.6 % |
. 7 % |
97.2 % |
1 % |
1 % |
Property Sales |
120 |
|
October Property sales were 64 , down 1.5 % from 65 in October | ||
of 2016 and 14.3 % higher than the 56 sales last month . October
Property
2017 sales Sales were at a mid level compared to October of 2016 and
120
|
100 |
|
October
2015 . October Property YTD sales sales were of 64693 , down are 1.5 running % from 5.2 65 % in ahead October of last of year 2016 ' s year-to-date and 14.3 % higher sales than of 659 the . 56 sales last month . October
100
2017 sales were at a mid level compared to October of 2016 and
|
80 |
|
2015 . October YTD sales of 693 are running 5.2 % ahead of last year ' s year-to-date sales of 659 . |
80 |
60 |
60 |
40 |
20 |
0 |
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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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
The Median Sales Price in October was $ 287,000 , up 6.3 % from
Prices
$ 270,000 in October of 2016 and up 8.1 % from $ 265,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 287,000 was , up $ 329,950 6.3 % from , up
400
$
12.3 270,000 % from in October $ 293,787 of 2016 in October and up of 8.1 2016 % from and $ up 265,500 15.3 % last from month . The Average Sales Price in October $ 329,950 , up
380
$ 286,167 last month . October 2017 ASP was at the highest level
12.3 % from $ 293,787 in October of 2016 and up 15.3 % from
360 compared to October of 2016 and 2015 .
$ 286,167 last month . October 2017 ASP was at the highest level
340 compared to October of 2016 and 2015 .
320
300
280
260
240
220
200
|
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
J
A S O
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
14
J
F
15 M 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 A
17 M J
J
A S O
|
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14 |
15 |
16 |
17 |
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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
The
October Total Inventory was 131 , down of Properties 3.7 % from available 136 last for month sale as and of down
October
33.2 % from was 131 196 , down in October 3.7 % from of last 136 year last . month October and 2017 down Inventory
350
33.2 was % at from its lowest 196 in level October compared of last year with . October 2017 of 2016 Inventory and
2015300 . was at its lowest level compared with October of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.0
100 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 2.0 of 2016 months was at its lowest level compared with October of 2016
50 and 2015 . and 2015 .
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
300
10.0
250
8.0
200
6.0
150
100
4.0
50
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
|
10.0
8.0
6.0
4.0
2.0
0.0
|