Trending versus *: |
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 |
$ 1,999,000 |
0 % |
15 % |
|||||
Average List Price of all Current Listings |
$ 2,803,348 |
5 % |
9 % |
|||||
February Median Sales Price |
$ 2,290,000 |
61 % |
15 % |
48 % |
$ 2,290,000 |
15 % |
48 % |
|
February Average Sales Price |
$ 1,963,333 |
19 % |
-2% |
21 % |
$ 1,963,333 |
-2% |
21 % |
|
Total Properties Currently for Sale ( Inventory ) |
23 |
28 % |
-21% |
|||||
February Number of Properties Sold |
3 |
50 % |
3 |
50 % |
||||
February Average Days on Market ( Solds ) |
115 |
22 % |
64 % |
64 % |
115 |
64 % |
64 % |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 505 |
-11% -4% |
29 % |
2 % |
$ 526 |
6 % |
6 % |
|
February Sold Price per Square Foot |
$ 267 |
1 % |
-10% -28% |
$ 267 |
-10% |
-28% |
||
February Month ' s Supply of Inventory |
7.7 |
0 % |
-5% -47% -41% |
7.7 |
-47% |
-41% |
||
February Sale Price vs List Price Ratio |
89.6 % |
. 3 % -5.9% -2.4% |
89.6 % |
-6% |
-2% |
14 |
||||
A M J |
J |
A |
S O N D |
J |
15 |
15 |
||||
F M A M J |
J |
A |
S O N D |
J |
16 |
16 |
||||
F M A M J |
J |
A |
S O N D |
J |
17 |
1,2001,000 |
||||||||||||||||||||||||||
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 |
|||||||||||||
M
A
14 M J
|
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 |
17 |
|||||||||||||
14 |
15 |
16 |
17 |
F M A M J |
J |
A |
S O N D |
J |
F |
17 |
|||||
F |
Inventory & MSI The Total Inventory of Properties available for sale as of February was 23 , up 27.8 % from 18 last month and down 20.7 % from 29 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 7.7 months was at its lowest level compared with February of 2016 and 2015 .
|
35 30 25 20 15 10 5 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
13
19
23
22 19
13
22
23
20 20
20
18
20
17
18
17
13 13
13 13 16 14 16
14
12
12
18
16
21 21 18 21
16
21 21
21 24
17
20
25
17
29 29 29
20
24
25
33
29
29
29
29
26
33
24
29
21
26
20
24
21
21 20 21 23 20
20
17
|
18
17
18
23
|
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 |
8 | c o l d w e l l b a n k e r h o m e s . c o m |