Community Information
Howard
Agent Name
Title Phone Website Other
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 |
$ 599,990 |
3 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 674,463 |
2 % |
|
10 % |
|
|
|
|
May Median Sales Price |
$ 465,000 |
2 % |
3 % |
1 % |
2 % |
$ 450,000 |
3 % |
-1% |
May Average Sales Price |
$ 490,946 |
2 % |
1 % |
-2% |
1 % |
$ 479,927 |
4 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
894 |
-1% |
|
-17% |
|
|
|
|
May Number of Properties Sold |
303 |
29 % |
|
10 % |
|
1,014 |
12 % |
|
May Average Days on Market ( Solds ) |
48 |
-17% -17% |
-2% |
-13% |
60 |
-3% |
9 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 189 |
-3% |
-1% |
6 % |
2 % |
$ 191 |
4 % |
3 % |
May Sold Price per Square Foot |
$ 182 |
2 % |
1 % |
-4% |
3 % |
$ 179 |
0 % |
1 % |
May Month ' s Supply of Inventory |
3.0 |
-23% -21% -24% -35% |
4.3 |
-19% |
-4% |
May Sale Price vs List Price Ratio |
96.8 % |
-. 4 % |
. 7 % |
-. 4 % |
. 9 % |
96.0 % |
0 % |
-0% |
* 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 303 , up 10.2 % from 275 in May of 2015 and 28.9 % higher than the 235 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 1,014 are running 12.4 % ahead of last year ' s year-to-date sales of 902 .
Prices The Median Sales Price in May was $ 465,000 , up 1.1 % from $ 460,000 in May of 2015 and up 1.8 % from $ 456,764 last month . The Average Sales Price in May was $ 490,946 , down 2.1 % from $ 501,235 in May of 2015 and up 2.5 % from $ 479,187 last month . May 2016 ASP was at a mid range compared to May of 2015 and 2014 .
400 350 300 250 200 150 100 50 0
600
550
500
450
400
350
400 350 300 250 200 150 100 50 0
Number of Properties Sold
323 276 220 168 178 150 163 106 110 151 183 246 265 233 244 193 203 167 179 108 133 179 207 275 347 320 282 214 223 175 242 122 168 186 235 303
J 13
600
550
500
450
400
323
J
276 220 168 178 150
163 106
J A S O N D J
110 151 183 246 265 233 244 193
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
203
3 Mo Avg
3 Mo Avg
350 |
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 |
167 179 108 133 179 207
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 |
275 347 320 282 214 223 175 242 122 168
3 Mo Avg
186 235 303
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 894 , down 1.0 % from 903 last month and down 16.6 % from 1,072 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 3.0 months was at its lowest level compared with May of 2015 and 2014 .
1,200 1,200
1,000 1,000
800 800
600 600
400
400 200
200
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
788 840
841 788 884 872
799 718 668 695
J
13
840 841 884 872
799
718 749 668 695
872 1,009
1,090
749
1,093 1,081 1,041 1,053 935
872
1,009 1,090 1,093 1,081 1,041 1,053 935
847 785 812 845 965 1,072 1,074 1,079 1,057 998 980 900
847 785 812 845 965 1,072 1,074 1,079 1,057 998 980
776 750 726
811 903 894
0 J AJ
SJ OA NS DO JN FD MJ
AF MJ AJMA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS JOFNM DA JM
13
14 14
15 15
16 16
900
8.0 7.0 6.0
5.0
4.0
776 750 726
811 903 894
3.0 2.0 1.0 0.0
F M A M
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
24 | c o l d w e l l b a n k e r h o m e s . c o m