MA ARCHIVED March 2017 | Page 12

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
$ 1,375,000
0 %
-36%
Average List Price of all Current Listings
$ 2,526,900
9 %
-2%
March Median Sales Price
$ 1,060,000
-46% -30%
-8%
$ 1,505,000
0 %
31 %
March Average Sales Price
$ 1,060,000
-46% -30%
-23%
$ 1,505,000
0 %
9 %
Total Properties Currently for Sale ( Inventory )
10
25 %
-23%
March Number of Properties Sold
1
0 %
2
0 %
March Average Days on Market ( Solds )
5 -98% -96%
-98%
140
0 %
-44%
Asking Price per Square Foot ( based on New Listings )
$ 371
6 %
3 %
41 %
-57%
$ 361
37 %
-58%
March Sold Price per Square Foot
$ 283
0 %
46 %
$ 283
0 %
46 %
March Month ' s Supply of Inventory
10.0
25 %
11 %
0 %
-5%
9.0
0 %
-14%
March Sale Price vs List Price Ratio
75.7 % -16.5% -9.0%
-10.1%
83.2 %
0 %
-1%
* 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 March Property sales were 1 , up from 0 in March of 2016 and the same as the 1 sales last month . March 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 2 are running ahead of last year ' s year-to-date sales of 0 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in March was $ 1,060,000 , up from $ 0 in March of 2016 and down 45.6 % from $ 1,950,000 last month . The Average Sales Price in March was $ 1,060,000 , up from $ 0 in March of 2016 and down 45.6 % from $ 1,950,000 last month . March 2017 ASP was at the highest level compared to March of 2016 and 2015 .
0
-1
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
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
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
14
15
16
17
0 1 1 2 0 0 0 0 0 0 0 0 0 1 0 0 2 0 1 0 0 0 0 0 1 0 0 2 1 0 0 1 0 0 1 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of March was 10 , up 25.0 % from 8 last month and down 23.1 % from 13 in March of last year . March 2017 Inventory was at its lowest level compared with March of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2017 MSI of 10.0 months was at its highest level compared with March of 2016 and 2015 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8 6 4 2 0
11 12 11 10
12
10
9 9 9
Total Inventory & Month ' s Supply of Inventory ( MSI )
9 9
8
7 7
7 7 7
10
7 8 8
10 9 8 8 8
9
8
8 8
6 6
5
9 11
13 14
13
12
10 10
A M AJ MJ AJ SJ OA NS DO JN FD MJ
AF MJ AJMA JS JO AN SD OJ
NF MD AJ M J J A S O N D J
14 14
15 15
16 16
17
6 6
5 8 8
9 11
13 14
13 12
12 11 10
13
10 12
12 11 11
8 13
10 12
F M A M J J A S OFNM D J
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
F M
17
11
8
10
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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