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 |
$ 1,945,000 |
32 % |
|
-18% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,345,000 |
6 % |
|
-17% |
|
|
|
|
February Median Sales Price |
$ 2,623,355 |
|
29 % |
64 % |
82 % |
$ 2,623,355 |
64 % |
82 % |
February Average Sales Price |
$ 2,623,355 |
|
9 % |
64 % |
83 % |
$ 2,623,355 |
64 % |
83 % |
Total Properties Currently for Sale ( Inventory ) |
12 |
-8% |
|
9 % |
|
|
|
|
February Number of Properties Sold |
2 |
|
|
100 % |
|
2 |
100 % |
|
February Average Days on Market ( Solds ) |
0 |
-100% -100% -100% |
0 |
-100% |
-100% |
Asking Price per Square Foot ( based on New Listings ) |
$ 0 |
-100% -100% |
0 % |
-100% |
$ 393 |
0 % |
-3% |
February Sold Price per Square Foot |
$ 497 |
-14% |
|
23 % |
$ 497 |
0 % |
23 % |
February Month ' s Supply of Inventory |
6.0 |
0 % |
0 % |
-45% -60% |
6.0 |
-45% |
-60% |
February Sale Price vs List Price Ratio |
94.5 % |
-1.9% 77.3 % 17.2 % |
94.5 % |
77 % |
17 % |
* 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 2 , up 100.0 % from 1 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 2 are running 100.0 % ahead of last year ' s year-to-date sales of 1 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in February was $ 2,623,355 , up 64.0 % from $ 1,600,000 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 2,623,355 , up 64.0 % from $ 1,600,000 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 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
-1 14 15
16 17
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
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 |
|
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 1 1 0 0 0 1 1 0 0 2
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 12 , down 7.7 % from 13 last month and up 9.1 % from 11 in February of last year . February 2017 Inventory was at a mid 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 6.0 months was at its lowest level compared with February of 2016 and 2015 .
40 35 30 25 20 15 10 5 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
40 35
35.0
30 30.0
25 25.0
20 20.0
15 15.0
10 10.0
5 5.0
0 0.0
M A M AJ MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF
N D J F
14 14
15 15
16 16
17 17
23 26 23
28
26 34
32
28 32 33
34 32
33 28
32 24
28 20
24
19
19 20 22 19
24
19 28 28 24 29 28 27
22
28 28 29 28
22 22
27
16 22 22
11 11
16
13
11 14
11 15
13 17
14 17
15
18 20 17 17
18 18
15
20
18
13 13 12 15 13 13 12
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
26 | c o l d w e l l b a n k e r h o m e s . c o m