MA ARCHIVED February 2017 | Page 18

Community Information

Dorchester

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
$ 1,375,000
-26%
6 %
Average List Price of all Current Listings
$ 2,327,375
-12%
-4%
February Median Sales Price
$ 1,950,000
29 %
70 %
$ 1,950,000
29 %
70 %
February Average Sales Price
$ 1,950,000
29 %
41 %
$ 1,950,000
0 %
41 %
Total Properties Currently for Sale ( Inventory )
8 -27%
-27%
February Number of Properties Sold
1
1
0 %
February Average Days on Market ( Solds )
275
-60%
10 %
275
0 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 350
0 %
-15%
0 %
-59%
$ 350
0 %
-59%
February Sold Price per Square Foot
$ 0
-100%
-100%
$ 0
0 %
-100%
February Month ' s Supply of Inventory
8.0
0 %
0 %
0 %
-24%
8.0
0 %
-24%
February Sale Price vs List Price Ratio
90.7 %
24.1 %
7.7 %
90.7 %
0 %
8 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , up from 0 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 1 are running ahead of last year ' s year-to-date sales of 0 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 1,950,000 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 1,950,000 , up from $ 0 in February of 2016 and up from $ 0 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
0
-1
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
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
J
F
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
J
F
14
15
16
17
0 0 1 1 2 0 0 0 0 0 0 0 0 0 1 0 0 2 0 1 0 0 0 0 0 1 0 0 2 1 0 0 1 0 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 8 , down 27.3 % from 11 last month and down 27.3 % from 11 in February of last year . February 2017 Inventory was at its lowest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 8.0 months was at its highest level compared with February of 2016 and 2015 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8 6 4 2 0
9
M 14
11 12 11
9 10
12
Total Inventory & Month ' s Supply of Inventory ( MSI )
10 9
9 9 9 9 9
7 7 7 7
10
7
7 8 7
8 10
7 8
8
8
9 8
8 9
6 6
5 8 8
11
9 8
13 14
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
F M A M J
J
A S O N D J
13
11
12
10 10
A M AJ MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ M J J A S O N D J F
14
15 15
16 16 17
8
6 6
5
8 9
13 14
13 12
12 11 10
13
10 12
12
11 11
8
13 12
11
8
F
17
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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