Somerset Community Information
Somerset 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 |
$ 1,800,000 |
0 % |
|
20 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,896,667 |
0 % |
|
8 % |
|
|
|
|
May Median Sales Price |
$ 0 |
|
-100% |
|
-100% |
$ 1,499,995 |
0 % |
-12% |
May Average Sales Price |
$ 0 |
|
0 % |
|
-100% |
$ 0 |
0 % |
-100% |
Total Properties Currently for Sale ( Inventory ) |
3 |
0 % |
|
-57% |
|
|
|
|
May Number of Properties Sold |
0 |
|
|
|
|
0 |
0 % |
|
May Average Days on Market ( Solds ) |
0 |
|
0 % |
|
-100% |
0 |
0 % |
-100% |
May Month ' s Supply of Inventory |
0.0 |
0 % |
0 % |
0 % |
-100% |
0.0 |
0 % |
-100% |
May Sale Price vs List Price Ratio |
0.0 % |
|
. 0 % |
|
-100.0% |
0.0 % |
0 % |
-100% |
* 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 )
3 Mo Avg
Property Sales May Property sales were 0 , up from 0 in May of 2015 and higher than the 0 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 0 are running ahead of last year ' s year-to-date sales of 0 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in May was $ 0 , up from $ 0 in May of 2015 and up from $ 0 last month . The Average Sales Price in May was $ 0 , up from $ 0 in May of 2015 and up from $ 0 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
0 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
0 13 14
15 16
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,700 1,650 1,600 1,550 1,500 1,450 1,400 1,350 1,300
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 |
13 |
|
|
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0
Inventory & MSI The Total Inventory of Properties available for sale as of May was 3 , equal to 3 last month and down 57.1 % from 7 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 0.0 months was at its highest level compared with May of 2015 and 2014 .
8 7 6 5 4 3 2 1 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
8 7
6.0
6 5.0
5 4.0
4
3.0 3 2
2.0
1 1.0
0 0.0
J J
J A
J S
A O N
S
D
O N J F
D
M
J
A
F M
J
A
J
M A
J S
J O
A N
S D
O J
N F
D M
J A M
F M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N M
D A
J M
F M A M
13 13
14 14
15 15
16 16
2 2
5 2
6 2
5 5
6 5
5 5
5 5
5 4
5 4
4 4
4 3
4
4 5
3 5
4 4
5 4
5 5
6
4 5
4 5 5
6 5
6 5
7
5 5 5
6 5
7 5
5 4
5 3
5 3
4 3
3
3 3
3 3
3
3 3
3
3 3 3 3
6.0 5.0 4.0 3.0 2.0 1.0 0.0
34 | c o l d w e l l b a n k e r h o m e s . c o m