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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 |
$ 1,547,000 |
3 % |
4 % |
|||||
Average List Price of all Current Listings |
$ 2,029,247 |
-1% |
13 % |
|||||
April Median Sales Price |
$ 1,450,000 |
7 % |
2 % |
15 % |
13 % |
$ 1,420,000 |
9 % |
11 % |
April Average Sales Price |
$ 1,777,085 |
12 % |
0 % |
17 % |
17 % |
$ 1,770,471 |
24 % |
17 % |
Total Properties Currently for Sale ( Inventory ) |
220 |
23 % |
2 % |
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April Number of Properties Sold |
21
250 %
|
75 % |
45 |
22 % |
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April Average Days on Market ( Solds ) |
103 |
-6% |
-3% |
-7% |
-13% |
106 |
-32% |
-10% |
Asking Price per Square Foot ( based on New Listings ) |
$ 373 |
17 % |
7 % |
-2% |
-1% |
$ 350 |
-6% |
-7% |
April Sold Price per Square Foot |
$ 345 |
-10% -11% |
2 % |
-6% |
$ 388 |
15 % |
6 % |
|
April Month ' s Supply of Inventory |
10.5 -65% -65% -42% -41% |
24.8 |
-6% |
40 % |
||||
April Sale Price vs List Price Ratio |
94.5 %
4.4 % 3.7 % 6.5 % 5.6 %
|
91.2 % |
5 % |
2 % |
Property Sales |
30 |
|
April Property sales were 21 , up 75.0 % from 12 in April of 2016 | ||
Property and 250.0 % Sales higher than the 6 sales last month . April 2017 sales
30
April were Property at their sales highest were level 21 , compared up 75.0 % from to April 12 in of April 2016 of and 2016 2015 .
|
25 |
|
and
April 250.0 YTD % sales higher of than 45 are the running 6 sales last 21.6 month % ahead . April of last 2017 year sales ' s yearto-date their sales highest of 37 . level compared to April of 2016 and 2015 .
25 were
|
20 |
|
April YTD sales of 45 are running 21.6 % ahead of last year ' s yearto-date sales of 37 . |
20 |
15 |
5 |
0 |
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0 |
M |
M
14
J
J
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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
15
16
17
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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F M A
|
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Prices
14
Prices
The Median Sales Price in April was $ 1,450,000 , up 14.9 % from
2,900
The
$ 1,261,500 Median Sales in April Price of in 2016 April and was up $ 1,450,000 7.5 % from , up $ 1,349,000 14.9 % from last
$ month 1,261,500 . The in April Average
2,900 of 2016 Sales and Price up in 7.5 April % from was $ 1,349,000 $ 1,777,085 last , up
2,700 month
17.2 %. from The Average $ 1,516,000 Sales in Price April in of April 2016 was and $ 1,777,085 up 12.0 %, up from
2,7002,500
|
15
Median Sales Price and
16 Average Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
||||
17.2
$ 1,586,983 % from $ 1,516,000 last month in . April of 2017 2016 ASP and was up 12.0 at the % from highest level
2,5002,300
|
||||||
$ compared 1,586,983 last to April month of . 2016 April and 20172015 ASP . was at the highest level compared to April of 2016 and 2015 . |
2,3002,100
2,1001,900
|
|||||
1,9001,700 | ||||||
1,7001,500 | ||||||
1,500
1,300
| ||||||
1,300
1,100
| ||||||
1,100 |
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
M
J
14
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
A17
14
15
16
17
|
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of April
The Total Inventory of Properties available for sale as of April was 220 , up 22.9 % from 179 last month and up 1.9 % from 216 was 220 , up 22.9 % from 179 last month and up 1.9 % from 216 in
300 in
April
April of of last last year year
. April . April
2017 2017
Inventory Inventory was was at its at highest its highest level level
250 compared compared with with April April of of 2016 2016 and and 2015 2015 . .
200
150
|
300
250
200
150
|
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
60.0
50.0
40.0
30.0
|
|||||||||
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a
100 a higher MSI is is better for for buyers . The . The April April 2017 2017 MSI MSI of 10.5 of 10.5
50 months was was at at its its lowest level level compared with with April April of 2016 of 2016 and and
|
100
50
|
20.0
10.0
|
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2015 . . |
0 |
0 |
0.0 |
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M |
J
MJ
AJ
SJ OA NS DO JN FD MJ
AF MJ
AJMA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NA DS JOFNM DA
J
|
F M A |
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14 |
14 |
15 |
15 |
16 |
16 |
17 |
17 |