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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 |
$ 493,900 |
-0% |
-1% |
|||||
Average List Price of all Current Listings |
$ 1,002,525 |
-3% |
-3% |
|||||
October Median Sales Price |
$ 369,000 |
7 % |
5 % |
12 % |
7 % |
$ 360,000 |
5 % |
4 % |
October Average Sales Price |
$ 574,736 |
2 % |
-1% |
9 % |
-1% |
$ 619,205 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
5,125 |
0 % |
-15% |
|||||
October Number of Properties Sold |
577 |
40 % |
-4% |
7,768 |
4 % |
|||
October Average Days on Market ( Solds ) |
120 |
11 % |
7 % |
24 % |
26 % |
109 |
18 % |
15 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 294 |
-8% |
-2% |
-6% |
-2% |
$ 298 |
0 % |
0 % |
October Sold Price per Square Foot |
$ 255 |
-4% |
0 % |
6 % |
-2% |
$ 270 |
3 % |
3 % |
October Month ' s Supply of Inventory |
8.9 -29% -7% -12% |
4 % |
8.4 |
2 % |
-2% |
|||
October Sale Price vs List Price Ratio |
92.4 % |
-. 2 % |
. 1 % |
-. 9 % |
-. 8 % |
92.2 % |
-1% |
-1% |
Property Sales |
1,400 |
||
October Property sales were 577 , down 4.2 % from 602 in | |||
October of 2016 and 40.4 % higher than the 411 sales last month . |
1,200 |
||
Property
October 2017 Sales sales were at their lowest level compared to
|
1,400 |
||
October Property of 2016 sales and 2015 were . 577 October , down YTD 4.2 % sales from of 602 7,768 in are |
1,000 |
||
October running of 4.1 2016 % ahead and 40.4 of last % higher year ' s than year-to-date the 411 sales sales last of month 7,462 .
October 2017 sales were at their lowest level compared to
|
1,200 |
800 |
|
October of 2016 and 2015 . October YTD sales of 7,768 are |
1,000 |
||
running 4.1 % ahead of last year ' s year-to-date sales of 7,462 . |
600 |
||
800 |
|||
400 |
|||
600 |
|||
400 |
200 |
Prices | ||
The Median Sales Price in October was $ 369,000 , up 12.2 % | ||
Prices from $ 328,748 in October of 2016 and up 7.0 % from $ 345,000
The last Median month Sales . The Price Average in October Sales Price was $ in 369,000 October , up was 12.2 $ 574,736 % ,
|
750 |
|
from up 8.6 $ 328,748 % from in $ 529,329 October of in 2016 October and of up 2016 7.0 % and from up $ 2.5 345,000 % from
750 last
$ 560,932 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 574,736 highest , level
|
650 |
|
up compared 8.6 % from to $ October 529,329 of in 2016 October and of 2015 2016 . and up 2.5 % from
$ 560,932 last month . October 2017 ASP was at the highest level
|
650 |
550 |
compared to October of 2016 and 2015 . |
550 |
450 |
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 |
||||
14 |
15 |
16 |
17 |
||||||||||||||
J
F M A M J
15
|
J
Median
A S O N Sales D
J
F Price M A M and J J AAverage S O N DSales
J
F MPrice A M J
16
17
|
J |
A S O |
3 Mo Avg |
|||||||||||||
Median Sales Price and Average Sales Price |
350 |
250 |
|||||||
250 |
N |
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
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
|
A S O |
|||||
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
The
October Total Inventory was 5,125 , of up Properties 0.3 % from available 5,108 last for sale month as of and down
8,000
October
15.3 % from was 5,125 6,052 , up in 0.3 October % from of 5,108 last year last . month October and 2017 down
8,0007,000
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
14.0 |
14.0
12.0
|
|||||
15.3
Inventory % from 6,052 was at in a October mid level of compared last year . October with October 2017 of 2016 and
7,0006,000
12.0
Inventory
2015 . was at a mid level compared with October of 2016 and
6,0005,000
10.0
2015 .
5,0004,000
8.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
6.0
3,000 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 8.9
2,000
4.0 higher MSI is better for buyers . The October 2017 MSI of 8.9
2,000 months was at a mid level compared with October of 2016 and
1,000 months was at a mid level compared with October of 2016 and
1,000
2.0
2015 .
0
2015 .
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
|