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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 |
$ 199,900 |
-7% |
29 % |
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Average List Price of all Current Listings |
$ 271,777 |
1 % |
17 % |
|||||
April Median Sales Price |
$ 151,500 |
21 % |
6 % |
-9% |
18 % |
$ 142,500 |
4 % |
11 % |
April Average Sales Price |
$ 171,870 |
-7% |
-2% -21% |
-3% |
$ 176,261 |
-8% |
-1% |
|
Total Properties Currently for Sale ( Inventory ) |
188 |
7 % |
12 % |
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April Number of Properties Sold |
28 |
12 % |
56 % |
91 |
38 % |
|||
April Average Days on Market ( Solds ) |
81 -26% -15% 27 % |
-5% |
95 |
2 % |
12 % |
|||
Asking Price per Square Foot ( based on New Listings ) |
$ 126 |
-13% -2% |
15 % |
13 % |
$ 128 |
14 % |
14 % |
|
April Sold Price per Square Foot |
$ 107 |
19 % |
11 % |
4 % |
11 % |
$ 96 |
-1% |
0 % |
April Month ' s Supply of Inventory |
6.7 |
-4% |
-8% -28% -16% |
7.3 |
-24% |
-8% |
||
April Sale Price vs List Price Ratio |
90.5 % -2.8% -. 4 % |
. 6 % |
. 6 % |
90.8 % |
2 % |
1 % |
Property Sales |
45 |
|
April Property sales were 28 , up 55.6 % from 18 in April of 2016 and 12.0 % higher than the 25 sales last month . April 2017 sales |
40 |
|
Property were at their Sales highest level compared to April of 2016 and 2015 .
45
|
35 |
|
April Property YTD sales sales of were 91 are 28 running , up 55.637.9 % from % ahead 18 in April of last of year 2016 ' s yearto-date sales of 66 . and 12.0 % higher than the 25 sales last month . April 2017 sales
40
|
30 |
|
were at their highest level compared to April of 2016 and 2015 . |
35 |
25 |
April YTD sales of 91 are running 37.9 % ahead of last year ' s yearto-date sales of 66 . |
30 |
20 |
25 |
15 |
20 |
10 |
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15 |
5 |
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10 |
0 |
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5 |
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 |
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0 |
14 |
15 |
16 |
17 |
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Prices
M
J
The Median Sales Price in April was $ 151,500 , down 8.9 % from
14
300
Prices
$ 166,250 in April of 2016 and up 21.2 % from $ 125,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 151,500 April was , down $ 171,870 8.9 %, from down
300
$
21.0 166,250 % from in April $ 217,430 of 2016 in and April up of 21.2 2016 % from and down $ 125,000 7.2 % last from
250
|
J |
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A SPrice O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
|
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month
$ 185,110 . The last Average month Sales . April Price 2017 in April ASP was $ at 171,870 the lowest , down level
21.0 compared % from $ to 217,430 April of in 2016 April and of 2016 2015 and . down 7.2 % from
|
250
200
|
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$ 185,110 last month . April 2017 ASP was at the lowest level | |||||||||||||||||
compared to April of 2016 and 2015 . |
200
150
|
100 |
50 |
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50 |
M |
M
14
J
J
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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
15
16
17
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
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Inventory & MSI |
14 |
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
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Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 188 , Inventory up 7.4 % from of Properties 175 last month available and for up sale 11.9 as % of from April 168 in
250 was
April 188 of , up last 7.4 year % from . April 1752017 last month Inventory and up was 11.9 at % its from highest 168 level in
250
200
April compared of last year with . April of 2017 2016 Inventory and 2015 was . at its highest level
200 compared with April of 2016 and 2015 .
150
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
14.0
12.0
10.0
|
14.0
12.0
10.0
8.0
|
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150
100
|
8.0 |
6.0 |
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A comparatively lower MSI is more beneficial for sellers while a
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial April 2017 for sellers MSI while of 6.7 a higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of of 6.72016 and
50 months
2015 . was at its lowest level compared with April of 2016 and
|
50
0
|
6.0
4.0
2.0
|
4.0
2.0
0.0
|
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2015 . |
0 |
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 |
F0.0M A |
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J
14J A S O N D J
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M15 A M J
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J A S O N D J |
F M16A M J |
J A S O N D J |
F M
A17
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14 |
15 |
16 |
17 |