MA ARCHIVED July 2016 | Seite 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
$ 200,000
-7%
6 %
Average List Price of all Current Listings
$ 330,045
-5%
11 %
July Median Sales Price
$ 192,000
47 %
31 %
20 %
48 %
$ 143,000
12 %
10 %
July Average Sales Price
$ 262,517
65 %
28 %
55 %
52 %
$ 179,460
10 %
4 %
Total Properties Currently for Sale ( Inventory )
328
-2%
-16%
July Number of Properties Sold
47
31 %
21 %
223
1 %
July Average Days on Market ( Solds )
115
1 %
5 % -14%
-14%
123
-5%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 139
7 %
9 %
30 %
18 %
$ 122
1 %
3 %
July Sold Price per Square Foot
$ 122
23 %
22 %
12 %
34 %
$ 92
3 %
1 %
July Month ' s Supply of Inventory
7.0
-25%
-20%
-30%
-40%
10.7
-13%
-7%
July Sale Price vs List Price Ratio
91.0 % -5.0%
1.0 % 1.1 %
6.2 %
89.1 %
5 %
4 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 47 , up 20.5 % from 39 in July of 2015 and 30.6 % higher than the 36 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 223 are running 1.4 % ahead of last year ' s yearto-date sales of 220 .
Prices The Median Sales Price in July was $ 192,000 , up 20.0 % from $ 160,000 in July of 2015 and up 46.6 % from $ 130,950 last month . The Average Sales Price in July was $ 262,517 , up 55.4 % from $ 168,899 in July of 2015 and up 65.1 % from $ 158,979 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
50 45 40 35 30 25 20 15 10 5 0
300
250
200
Number of Properties Sold
3 Mo Avg
29 18 21 24 21 22 10 18 27 23 32 30 27 29 28 26 40 15 23 37 39 32 35 39 29 35 40 28 39 27 33 25 20 35 36 47
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 M
J
J
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
150
100
50
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 M J
13
14
15
16
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 328 , down 1.8 % from 334 last month and down 16.1 % from 391 in July of last year . July 2016 Inventory was at its lowest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 7.0 months was at its lowest level compared with July of 2015 and 2014 .
450 400 350 300 250 200 150 100 50 0
450 400 350 300
374
A 13
365
250 200 150 100 50 0
374
355 365 350
Total Inventory & Month ' s Supply of Inventory ( MSI )
337 355
338 350
333 337
359 338
333 382 383
359
384 382 383
378 362
384 360
378
352 362
348
360 340 336
352
329 348
338 340
349 336
329 360
338 375
349 391
377 360
371 375
338 391
340 377 315 371
304 338
299 340
317 315 323 304 342 299 334 317 328
323
0.0
S AO NS OD NJ
FD MJ
AF M JA JM AJ S JOAN SD OJ NF DM JA MF MJ AJ MA SJ OJ NA DS JO FNM DA JMF JMJ
A M J J
13 14 14
15 15
16 16
35.0 30.0
25.0
342
20.0 15.0 10.0 5.0
334
328
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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