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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 |
$ 179,450 |
3 % |
10 % |
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Average List Price of all Current Listings |
$ 210,448 |
1 % |
1 % |
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December Median Sales Price |
$ 155,000 |
17 % |
7 % |
2 % |
18 % |
$ 150,000 |
15 % |
14 % |
December Average Sales Price |
$ 151,136 |
3 % |
-2% |
-0% |
1 % |
$ 162,287 |
9 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
188 -10% |
-7% |
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December Number of Properties Sold |
43 -12% |
2 % |
509 |
9 % |
||||
December Average Days on Market ( Solds ) |
85 |
31 % |
25 % |
4 % |
18 % |
69 |
-3% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 108 |
13 % |
9 % |
3 % |
14 % |
$ 99 |
4 % |
4 % |
December Sold Price per Square Foot |
$ 86 |
5 % |
-2% |
4 % |
6 % |
$ 90 |
11 % |
11 % |
December Month ' s Supply of Inventory |
4.4 |
3 % |
-2% -10% -23% |
5.4 |
-4% |
-4% |
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December Sale Price vs List Price Ratio |
90.2 % -2.5% -1.7% -3.3% -2.1% |
92.3 % |
0 % |
0 % |
Property Sales |
70 |
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December Property sales were 43 , up 2.4 % from 42 in
December of 2016 and 12.2 % lower than the 49 sales last month .
|
60 |
Number of Properties Sold |
3 Mo Avg |
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Property
December Sales 2017 sales were at their highest level compared to
|
70 |
||||||||||||||||||
December Property of 2016 sales and 2015 were . 43 December , up 2.4 % from YTD 42 sales in of 509 are |
50 |
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December running 8.5 of 2016 % ahead and of 12.2 last % lower year ' s than year-to-date the 49 sales sales last of month 469 . .
December 2017 sales were at their highest level compared to
|
60 |
40 |
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December of 2016 and 2015 . December YTD sales of 509 are |
50 |
||||||||||||||||||
running 8.5 % ahead of last year ' s year-to-date sales of 469 . |
30 |
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40 |
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20 |
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30 |
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10 |
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20 |
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10 |
0 |
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 |
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0 |
15 |
16 |
17 |
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Prices
The Median Sales Price in December was $ 155,000 , up 2.3 %
|
J
F M A M J
15
|
J |
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
|
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Prices from $ 151,450 in December of 2016 and up 17.4 % from
190
The
$ 132,000 Median last Sales month Price . in The December Average was Sales $ 155,000 Price in , up December 2.3 % was from
$ 151,136 $ 151,450 , down in December 0.1 % from of $ 151,308 2016 and in up December 17.4 % from of 2016 and
170
190
$ up 132,000 2.7 % from last month $ 147,155 . The last Average month Sales . December Price in December 2017 ASP was at a
150
$ mid 151,136 range , down compared 0.1 % from to December $ 151,308 in of December 2016 and of 2015 2016 . and
170 up 2.7 % from $ 147,155 last month . December 2017 ASP was at a
130
150
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|||||||||||||||||
mid range compared to December of 2016 and 2015 . |
110
130
|
||||||||||||||||||
110 |
90 |
||||||||||||||||||
90 |
70 |
70 |
50 |
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50 |
J |
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
15
16
17
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
|
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Inventory & MSI |
15 |
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
||||||||||||||
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 188 of , down Properties 9.6 % available from 208 for last sale month as of and down
300
December
7.4 % from was 203 188 in , down December 9.6 % of from last 208 year last . December month and 2017 down
300
250
7.4
Inventory % from 203 was in at December a mid level of compared last year . December with December 2017 of 2016
250
Inventory and 2015 was .
200 at a mid level compared with December of 2016 and 2015 .
200
150
150
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 December for sellers 2017 while MSI of a
4.4100
50 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 4.4 of 2016
50 months and 2015 was . at its lowest level compared with December of 2016
0
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
10.0
8.0
6.0
4.0
2.0
|
10.0
8.0
6.0
4.0
2.0
0.0
|
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and 2015 . |
0 |
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 O0.0N D |
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J |
F
15 M A M J
|
J A S O N D J |
F M16A M J |
J A S O N D J |
F M
17 A M J
|
J A S O N D |
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15 |
16 |
17 |