MA ARCHIVED February 2017 | Page 48

Clarke Community Information

Clarke 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
$ 2,145,000
0 %
-26%
Average List Price of all Current Listings
$ 2,333,000
-1%
-48%
February Median Sales Price
$ 2,103,000
34 %
20 %
$ 2,103,000
20 %
20 %
February Average Sales Price
$ 2,103,000
34 %
31 %
$ 2,103,000
20 %
31 %
Total Properties Currently for Sale ( Inventory )
16
0 %
14 %
February Number of Properties Sold
1
1
0 %
February Average Days on Market ( Solds )
92
100 %
119 %
92
2967 %
119 %
Asking Price per Square Foot ( based on New Listings )
$ 303
-23% -13%
0 %
-45%
$ 348
-13%
-37%
February Sold Price per Square Foot
$ 259
0 %
0 %
$ 259
0 %
0 %
February Month ' s Supply of Inventory
16.0
0 %
0 %
0 %
-6%
16.0
7 %
-6%
February Sale Price vs List Price Ratio
95.6 %
-2.2%
2.5 %
95.6 %
-2%
3 %
* 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 equal to last year ' s year-to-date sales of 1 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 2,103,000 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 2,103,000 , 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
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 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 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 2 2 1 1 0 0 1 1 0 0 0 1 0 1 0 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 16 , equal to 16 last month and up 14.3 % from 14 in February of last year . February 2017 Inventory was at its highest level compared with February of 2016 and 2015 .
20
15
10
20
15
10
12
16
10
15 15
12
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
15
15 17 17
16
16
17
17
14 14 16 14
14 14 14 14
19
14
18 16 18
19
18
16 16
18
16
14 14
16
15 14
15 14
14
15
14
18
14
15 17 17 17
14
18
17
17 19 17 19
16 16
16
16
17
15
19
19
16 16
17
20.0
15.0
15
16
10.0
16
20.0
15.0
10.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 16.0 months was at its highest level compared with February of 2016 and 2015 .
5
0
10
5
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
5.0
5.0
0.0
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