Trending versus *: |
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 |
$ 1,524,500 |
2 % |
2 % |
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Average List Price of all Current Listings |
$ 2,011,975 |
0 % |
-3% |
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December Median Sales Price |
$ 1,322,500 |
10 % |
8 % |
-10% |
-3% |
$ 1,231,500 |
-10% |
-10% |
December Average Sales Price |
$ 1,409,898 |
13 % |
-1% |
-1% |
-19% |
$ 1,556,719 |
-3% |
-11% |
Total Properties Currently for Sale ( Inventory ) |
162 |
-2% |
-5% |
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December Number of Properties Sold |
14 |
56 % |
133 % |
146 |
39 % |
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December Average Days on Market ( Solds ) |
105 -13% -1% -33% |
-6% |
105 |
-2% |
-6% |
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Asking Price per Square Foot ( based on New Listings ) |
$ 264 |
-3% |
-3% -11% |
-8% |
$ 283 |
-1% |
-1% |
|
December Sold Price per Square Foot |
$ 269 |
14 % |
7 % |
16 % |
-6% |
$ 272 |
8 % |
-5% |
December Month ' s Supply of Inventory |
11.6 -37% -13% -59% -52% |
16.4 |
-32% |
-32% |
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December Sale Price vs List Price Ratio |
92.6 % |
. 5 % |
2.9 % 5.6 % 2.9 % |
90.7 % |
1 % |
1 % |
||
Property Sales |
25 |
|
December Property sales were 14 , up 133.3 % from 6 in | ||
|
Property
December Sales of 2016 and 55.6 % higher than the 9 sales last month
25 .
December Property 2017 sales sales were were at 14 their , up highest 133.3 % from level 6 compared in to
|
20 |
|
December of of 2016 and and 55.6 2015 % higher . December than the YTD 9 sales last of 146 month are . |
||
|
December running 39.0 2017 % sales ahead were of last at their year highest ' s year-to-date level compared sales of to 105 .
December of 2016 and 2015 . December YTD sales of 146 are
|
20 |
15 |
running 39.0 % ahead of last year ' s year-to-date sales of 105 . |
15 |
10 |
5 | ||||||
0 |
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0 |
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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|
Prices
15
Prices
The Median Sales Price in December was $ 1,322,500 , down
The
9.7 % Median from $ Sales 1,465,000 Price in in December December was of $ 2016 1,322,500 and up , down 9.8 % from
3,500
9.7
$ 1,205,000 % from $ 1,465,000 last month in . December The Average of 2016 Sales and Price up 9.8 in December % from
3,500
|
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
|
3 Mo Avg
3 Mo Avg
|
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$ was 1,205,000 $ 1,409,898 last month , down . The 1.0 % Average from $ Sales 1,424,667 Price in December of |
3,000 |
|||||
|
was
2016 $ 1,409,898 and up 12.9 , down % from 1.0 % $ from 1,248,333 $ 1,424,667 last month in December . December of
|
3,000 |
|||||
|
2016
2017 and ASP up was 12.9 at % the from lowest $ 1,248,333 level compared last month to . December of 2016
|
2,500 |
|||||
2017 and ASP 2015 was . at the lowest level compared to December of 2016 |
2,500 |
|||||
and 2015 . |
2,000 |
|||||
2,000 | ||||||
1,500 | ||||||
1,500 | ||||||
|
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 162 , down 1.8 % from 165 last month and down
250
December was 162 , down 1.8 % from 165 last month and down
250
5.3 % from 171 in December of last year . December 2017
5.3 from 171 in December of last year . December 2017
200
200
Inventory
Inventory was
was at
at its
its lowest
lowest level
level compared
compared with
with December
December of of
2016
2016 and and 2015 2015 . .
150
150
100
100
A comparatively lower lower MSI MSI is more is more beneficial beneficial for for sellers sellers while while a a
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
45.0
40.0
35.0
30.0
25.0
20.0
15.0
|
|||||||
|
higher MSI is is better for for buyers buyers . The . The December 2017 2017 MSI MSI of 11.6 of
11.650 months was was at at its its lowest level level compared with with December of 2016 of 2016
|
50 |
10.0
5.0
|
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and 2015 . . |
0 |
0 |
0.0 |
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J |
F JM FA M AJ
MJ AJ
SJ OA NS DO NJ
FD MJ
AF M JA JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS O N D
|
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15 |
15 |
16 |
16 |
17 |
17 |
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