Sussex Community Information
Sussex 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 |
$ 1,695,000 |
2 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,995,306 |
2 % |
|
6 % |
|
|
|
|
April Median Sales Price |
$ 1,687,500 |
25 % |
#### |
5 % |
522 % |
$ 275,000 |
1 % |
1 % |
April Average Sales Price |
$ 1,649,543 |
19 % |
#### |
-5% |
362 % |
$ 352,116 |
-6% |
-1% |
Total Properties Currently for Sale ( Inventory ) |
198 |
-1% |
|
21 % |
|
|
|
|
April Number of Properties Sold |
8 |
#### |
|
-27% |
|
24 |
-31% |
|
April Average Days on Market ( Solds ) |
315 |
16 % |
#### 58 % |
117 % |
143 |
-12% |
-1% |
April Month ' s Supply of Inventory |
24.8 |
-50% -44% 66 % |
5 % |
37.6 |
100 % |
60 % |
April Sale Price vs List Price Ratio |
92.0 % |
1.4 % #### #### -5.7% |
95.5 % |
-3% |
-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 8 , down 27.3 % from 11 in April of 2015 and 100.0 % higher than the 4 sales last month . April 2016 sales were at their lowest level compared to April of 2015 and 2014 . April YTD sales of 24 are running 31.4 % behind last year ' s year-to-date sales of 35 .
25
20
15
Number of Properties Sold
3 Mo Avg
10
5
Prices The Median Sales Price in April was $ 1,687,500 , up 5.5 % from $ 1,600,000 in April of 2015 and up 25.0 % from $ 1,350,000 last month . The Average Sales Price in April was $ 1,649,543 , down 5.1 % from $ 1,738,091 in April of 2015 and up 19.1 % from $ 1,384,750 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 198 , down 0.5 % from 199 last month and up 20.7 % from 164 in April of last year . April 2016 Inventory was at its highest 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 24.8 months was at its highest level compared with April of 2015 and 2014 .
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 |
13 |
|
|
|
|
|
14 |
|
|
|
|
|
15 |
|
|
|
|
|
16 |
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
2,500 2,300 2,100 1,900 1,700 1,500 1,300
11
1,100
M 25013
250 150
200 100 150 100 50 0
200
181
50 0
177
5 10 10 10 10 10 10 3 8 5 9 14 17 6 7
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 |
|
|
|
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
181 173
177 170
173 163
Total Inventory & Month ' s Supply of Inventory ( MSI )
170 159
163 147
159 127
147 134
127 143
134
148 143
163 148
165 168
163 170
165 168
168 173
170 171
168
158 141 142
20 13 7 9 11
147 157
7 6 11 13 6 8 8 12
164 164
179 191 187 189 192
180 162 163 173 199 198
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 |
|
173
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 |
13 |
|
|
|
14 |
|
|
|
15 |
|
|
|
|
171
158 141 142 147 157 164 164
179 191 187 189 192
180
162
70.0 60.0 50.0 40.0 30.0 20.0 F M A
16 10.0
0.0
163 173
5 8 4 9 3 4 8
199 198
70.0 60.0 50.0 40.0 30.0
20.0 10.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 43