Community Information
Dorchester
Agent Name
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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 |
$ 209,450 |
5 % |
|
11 % |
|
|
|
|
Average List Price of all Current Listings |
$ 350,841 |
-3% |
|
17 % |
|
|
|
|
May Median Sales Price |
$ 121,663 |
-6% |
-4% |
28 % |
-6% |
$ 125,576 |
21 % |
-3% |
May Average Sales Price |
$ 140,619 |
-47% -15% -41% -19% |
$ 156,843 |
-2% |
-9% |
Total Properties Currently for Sale ( Inventory ) |
332 |
4 % |
-8% |
|
|
|
May Number of Properties Sold |
35 |
75 % |
9 % |
140 |
-4% |
|
May Average Days on Market ( Solds ) |
100 |
-4% |
-15% -27% -25% |
128 |
2 % |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 122 |
-8% |
-1% |
13 % |
3 % |
$ 119 |
-5% |
0 % |
May Sold Price per Square Foot |
$ 68 |
-21% -13% -29% -25% |
$ 80 |
4 % |
-12% |
May Month ' s Supply of Inventory |
9.5 |
-41% -25% -15% -18% |
11.7 |
-11% |
1 % |
May Sale Price vs List Price Ratio |
86.8 % |
4.3 % 1.8 % 6.6 % |
1.3 % |
86.7 % |
4 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
Property Sales May Property sales were 35 , up 9.4 % from 32 in May of 2015 and 75.0 % higher than the 20 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 140 are running 4.1 % behind last year ' s yearto-date sales of 146 .
Prices The Median Sales Price in May was $ 121,663 , up 28.1 % from $ 95,000 in May of 2015 and down 5.6 % from $ 128,825 last month . The Average Sales Price in May was $ 140,619 , down 40.9 % from $ 238,125 in May of 2015 and down 47.2 % from $ 266,253 last month . May 2016 ASP was at the lowest level compared to May of 2015 and 2014 .
45 40 35 30 25 20 15 10 5 0
300
250
200
150
100
50
45 40 35 30 25 20 15 10 5 0
Number of Properties Sold
23 19 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
J 13
300
250
200
150
100
23
J
19 29 18 21 24
21 22
J A S O N D J
10 18 27 23 32 30 27 29
14 |
|
|
|
|
|
|
F M 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 |
Median Sales Price and Average Sales Price
28
26
3 Mo Avg
3 Mo Avg
50 |
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 M |
J 13 |
J
13
A
|
S |
O N D |
J 14 |
F
M14 A M J
|
J |
A |
S |
O N D |
J 15 |
F M
15 A M J
|
J |
A |
S |
O N D |
J 16 |
F M A16M |
40 15 23 37 39
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
16 |
|
F M A M |
32 35 39 29 35 40 28 39 27 33
3 Mo Avg
25 20 35
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 332 , up 3.8 % from 320 last month and down 7.5 % from 359 in May of last year . May 2016 Inventory was at its lowest level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 9.5 months was at its lowest level compared with May of 2015 and 2014 .
450 400 350 300 250 200 150 100 50 0
450 400 350 300
369
250 200 150 100 50 0
J 13
373
374 369
365 373
Total Inventory & Month ' s Supply of Inventory ( MSI )
355 374
350 365
337 355
338 350
333 337 359
338 382 333 359
383 384
382 378
383 362
384 360
378
352 348
362
339 360
335 352
328 348
337 339
348 335
328 359
337 374
348 390
376 359
370 374 337 390
339 376
314 370
303 337
298 339
316 314 320 303 332 298
0.0
J AJ SJ OA NS DO JN FD MJ
AF MJA JMA JS JO AN SD OJ NF DM AJ
MF MJ AJ AM SJ OJ NA DS JOFNM DA JM F M A M
13
14 14
15 15
16 16
35.0 30.0
25.0
316
20.0 15.0 10.0 5.0
320
332
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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