MA ARCHIVED April 2016 | Page 26

Kent Community Information

Kent Community Information

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,595,000
-19%
-11%
Average List Price of all Current Listings
$ 2,391,937
-6%
4 %
April Median Sales Price
$ 1,485,000
####
703 %
$ 165,000
-4%
-11%
April Average Sales Price
$ 1,485,000
####
484 %
$ 246,078
-4%
-3%
Total Properties Currently for Sale ( Inventory )
15
7 %
-38%
April Number of Properties Sold
1
2
100 %
April Average Days on Market ( Solds )
769
####
381 %
205
23 %
28 %
Asking Price per Square Foot ( based on New Listings )
$ 0
0 %
0 %
#### #####
$ 0
-100%
-100%
April Sold Price per Square Foot
$ 300
####
116 %
$ 104
-34%
-25%
April Month ' s Supply of Inventory
15.0
0 %
11 %
0 %
-32%
13.5
-29%
-39%
April Sale Price vs List Price Ratio
80.3 %
####
-7.6%
84.3 %
-0%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 1 , up from 0 in April of 2015 and higher than the 0 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 2 are running 100.0 % ahead of last year ' s year-todate sales of 1 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in April was $ 1,485,000 , up from $ 0 in April of 2015 and up from $ 0 last month . The Average Sales Price in April was $ 1,485,000 , up from $ 0 in April of 2015 and up from $ 0 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
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 F M A
-1 13 14
15 16
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
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
13
14
15
16
1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 1 3 1 1 1 0 0 0 0 1 0 0 0 0 1 1 0 1 0 1
Inventory & MSI The Total Inventory of Properties available for sale as of April was 15 , up 7.1 % from 14 last month and down 37.5 % from 24 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 15.0 months was at its highest level compared with April of 2015 and 2014 .
40 35 30 25 20 15 10 5 0
40 35 30
34
25 20 15 10 5 0
M
13
34 33
33 33 33 37 33
Total Inventory & Month ' s Supply of Inventory ( MSI )
33 30
37 28
30 25
28
25
23 22 23
23 26 22
28 23
32 34 33 32
32
26 28
34 28
33 24
32 20 19 19
24
22 20
19 29 29 30 29 28
23 23
17
12
12 14 15 12
J MJ AJ SJ OA NS DO JN FD MJ AF MJA JMA JS JO AN SD OJ
NF DM AJ MF MJ JA AM SJ OJ NA DS JOFNM DA
J
13
14 14
15 15 16
28
24
19 22
24 29 29 30 29 28
23 23
17
40.0 35.0 30.0 25.0 20.0 15.0
10.0
12 14 15
5.0 0.0 F M A
16
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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