MA ARCHIVED February 2017 | Page 34

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 %
0 %
Average List Price of all Current Listings
$ 1,633,000
0 %
-8%
February Median Sales Price
$ 0
-100%
-100%
$ 1,800,000
0 %
0 %
February Average Sales Price
$ 0
0 %
0 %
$ 0
0 %
0 %
Total Properties Currently for Sale ( Inventory )
3
0 %
0 %
February Number of Properties Sold
0
0
0 %
February Average Days on Market ( Solds )
0
0 %
0 %
0
0 %
0 %
February Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
0 %
0.0
0 %
0 %
February Sale Price vs List Price Ratio
0.0 %
. 0 %
. 0 %
0.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
* 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 0 , 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 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
0
Prices The Median Sales Price in February was $ 0 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 0 , 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 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
0 14 15
16 17
Median Sales Price and Average Sales Price
3 Mo Avg
1,700 1,500 1,300 1,100 900 700 500 300 100 -100
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 3 , equal to 3 last month and equal to 3 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 0.0 months was at its highest level compared with February of 2016 and 2015 .
8 7 6 5 4 3 2 1 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
8
7
6.0
6
5.0
5
4.0
4
3
3.0
2
2.0
1
1.0
0
0.0
M
A
M AJ
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 JOFN D
J
F
14
14
15
15
16
16
17
17
4 4 4 3
4 4
3
5 5 5 5
4
4 4
5 4
6 4
5 6
5
5 5 5
6 5
7 5
6 7
5
5 5 5
4 5 5
4
3 3 3
3 3
3 3
3 3
3 3
3 3
3 3
3 3
3 3 3 3
3 3
3 3 3 3 3 3 3 3 3 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