MA ARCHIVED November 2016 | Page 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
$ 1,850,000
-25%
-22%
Average List Price of all Current Listings
$ 2,837,692
-10%
-2%
November Median Sales Price
$ 1,067,000
0 %
-25%
$ 1,150,000
-19%
-19%
November Average Sales Price
$ 1,067,000
0 %
-36%
$ 1,383,400
-17%
-17%
Total Properties Currently for Sale ( Inventory )
13
18 %
63 %
November Number of Properties Sold
1
5
25 %
November Average Days on Market ( Solds )
1,095
100 %
512 %
249
39 %
39 %
Asking Price per Square Foot ( based on New Listings )
$ 472
0 %
-64% 350 %
2 %
$ 936
60 %
102 %
November Sold Price per Square Foot
$ 130
-33%
0 %
$ 194
0 %
0 %
November Month ' s Supply of Inventory
13.0
0 %
0 %
0 %
144 %
10.5
97 %
97 %
November Sale Price vs List Price Ratio
55.4 %
-27.7%
-35.8%
84.2 %
-2%
-2%
* 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 November Property sales were 1 , up from 0 in November of 2015 and higher than the 0 sales last month . November 2016 sales were at their highest level compared to November of 2015 and 2014 . November YTD sales of 5 are running 25.0 % ahead of last year ' s year-to-date sales of 4 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in November was $ 1,067,000 , up from $ 0 in November of 2015 and up from $ 0 last month . The Average Sales Price in November was $ 1,067,000 , up from $ 0 in November of 2015 and up from $ 0 last month . November 2016 ASP was at the highest level compared to November of 2015 and 2014 .
0
-1
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
D J 13 14
D J 13 14
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
A
S O N
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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
A S O N
15
16
0 0 0 0 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
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of November was 13 , up 18.2 % from 11 last month and up 62.5 % from 8 in November of last year . November 2016 Inventory was at its highest level compared with November of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of 13.0 months was at its highest level compared with November of 2015 and 2014 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8 6
11
11
10
10 10
11 10
9
Total Inventory & Month ' s Supply of Inventory ( MSI )
12 9
11 10
12
10 9
9 9 9
9 9
7 7 7 7
10
7 7 8 7
10
7 8 8
8
8
9 8
8 9
8
6 6
5 6 6
8 8
9 5
11 8
13 8
14 9
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
F M A M J
J
A S O N
13 13
11 12
14 13
10 10
4
2
0
D
J
DF
MJ
AF M AJ
MJ AJ
SJ
OA NS DO JNFDM JA FM MJ
AJ
MA JS
OJ AN DS OJ
FN MD AJ M J
13
1413
14
15
15
16
16
J
A S O N
12
12
13
11 10
10 12
11
13
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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