MA ARCHIVED November 2016 | Page 34

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 %
0 %
Average List Price of all Current Listings
$ 1,633,000
0 %
-8%
November Median Sales Price
$ 0
-100%
-100%
$ 1,800,000
6 %
6 %
November Average Sales Price
$ 0
0 %
-100%
$ 0
-100%
-100%
Total Properties Currently for Sale ( Inventory )
3
0 %
0 %
November Number of Properties Sold
0
0
-100%
November Average Days on Market ( Solds )
0
0 %
-100%
0
-100%
-100%
November Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
0.0
-100%
-100%
November Sale Price vs List Price Ratio
0.0 %
. 0 %
-100.0%
0.0 %
-100%
-100%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
* 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 0 , 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 0 are running 100.0 % behind last year ' s year-to-date sales of 1 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in November was $ 0 , up from $ 0 in November of 2015 and up from $ 0 last month . The Average Sales Price in November was $ 0 , 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
0
1,700 1,500 1,300 1,100
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 J A S O N 13 14
15
16 Median Sales Price and Average Sales Price
900 700 500 300 100 -100
D J 13 14
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 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 0 0 0 0 0 0
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of November was 3 , equal to 3 last month and equal to 3 in November of last year . November 2016 Inventory was at its lowest 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 0.0 months was at its highest level compared with November 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
3.0
2
2.0
1
1.0
0
0.0
D
J
DF
MJ FA M AJ
MJ AJ
SJ
OA NS DO JN FDM J A FM MJ
AJ
MA JS JO AN DS
OJ
NF MD
AJ
MF JM JA AM S J
OJ
NA S O N
13
1413
14
15
15
16
16
5
5 5
5
3
4 4
4 4 4 4 4
3
5 5 5 5
4
4 4
5 4
6 4
5 6
5
5 5 5
6 7
5 5
6 7
5
5 5 5
4 5 5
4
3 3 3
3 3
3 3
3 3
3 3
3 3 3 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
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