Somerset Community Information
Somerset 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 |
$ 1,800,000 |
0 % |
|
20 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,896,667 |
-7% |
|
20 % |
|
|
|
|
April Median Sales Price |
$ 0 |
|
#### |
|
##### |
$ 74,000 |
16 % |
3 % |
April Average Sales Price |
$ 0 |
|
#### |
|
##### |
$ 110,482 |
20 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
3 |
0 % |
|
-50% |
|
|
|
|
April Number of Properties Sold |
0 |
|
|
|
|
0 |
0 % |
|
April Average Days on Market ( Solds ) |
0 |
|
#### |
|
##### |
144 |
-18% |
1 % |
April Month ' s Supply of Inventory |
0.0 |
0 % |
0 % |
0 % |
##### |
0.0 |
0 % |
-100% |
April Sale Price vs List Price Ratio |
0.0 % |
|
#### |
|
##### |
84.0 % |
4 % |
2 % |
* 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 0 , 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 0 are running ahead of last year ' s year-to-date sales of 0 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
Prices The Median Sales Price in April was $ 0 , up from $ 0 in April of 2015 and up from $ 0 last month . The Average Sales Price in April was $ 0 , 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 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 3 , equal to 3 last month and down 50.0 % from 6 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 0.0 months was at its highest level compared with April of 2015 and 2014 .
0 3 Mo Avg
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
0 13 14
15 16
Median Sales Price and Average Sales Price
3 Mo Avg
1,700 1,650 1,600 1,550 1,500 1,450 1,400 1,350 1,300
8 7 6 5 4 3 2 1 0
8 7 6 5 4 3 2 1 0
3
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 |
|
2 3
M 13
2 2 5
6 2
5 5
Total Inventory & Month ' s Supply of Inventory ( MSI )
6 5
5 5
5 5
5 4
5
4 4
4 4
3 4
4 3
5 5
4 4
5 4
5 5
6
5 5 5
6 7
5
2.0
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 1.0
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 |
13 |
|
|
|
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
4 4
5
6
5 5 5
6 5
7 5
5 4
5 3
5 3
4
3 3
3 3
3 3
3 3
3
0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0
6.0 5.0
3
4.0 3.0
0.0
3 3
6.0 5.0 4.0 3.0
2.0 1.0 0.0
34 | c o l d w e l l b a n k e r h o m e s . c o m