Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$395,000
-1%
7%
Other
$646,063 Trending
0% versus*:
16%
Month
LM -7%
L3M -8%
PYM 0%
LY
$280,000
$395,000
-1% 17% 7%
7% 14%
$366,490
$646,063 430
0% -8% 16% -24%
$280,000 -7%
-8% 0% -18%
-3%
49 -30%
$366,490 17%
7%
14%
3%
98 -6% 3% -21%
430 -8%
-24%
$190 -9% -3% 5%
49 -30%
-18%
$165 0% 1% 3%
98 -6% 3% -21% -22%
8.8 32% 24% -7%
$190 -9% -3% 5% 0%
94.8% 3.6% 1.9% 5.7%
October Month's Supply of Inventory
October Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales
13
The Median Sales Price in October was $280,000, up 0.4% from
450
Prices
$278,750 in October of 2015 and down 7.4% from $302,498
The
in October
was $280,000,
0.4%
from
lastMedian
month.Sales
ThePrice
Average
Sales Price
in Octoberup
was
$366,490,
450 400
$278,750
October
of 2015
downof
7.4%
from
up 13.8%infrom
$321,921
in and
October
2015
and$302,498
up 17.3% from
last
month. last
Themonth.
AverageOctober
Sales Price
in October
$312,404
2016
ASP waswas
at a$366,490,
mid range
400 350
up
13.8% from
$321,921of
in2015
October
2015 and up 17.3% from
compared
to October
andof2014.
$312,404 last month. October 2016 ASP was at a mid range
compared to October of 2015 and 2014.
350
300
250
200
Inventory & MSI
400
49
70
85
83
92
85
65
46
38
44
71
45
60
77
87
93
70
58
52
59
70
54
49
70
85
92
85
65
46
38
44
71
35
27
70
58
52
54
59
70
57
41
43
24
29
83
3 Mo Avg
16
Median Sales Price and Average Sales Price
3 Mo Avg
250
200
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 J A S O
16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
400
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a8.8 200
higher
MSI
is better
for buyers.
Octoberwith
2016October
MSI of 8.8
months
was
at its lowest
level The
compared
of 2015 100 100
months
was at its lowest level compared with October of 2015
0
and 2014.
0
15
25.0
531
474
466 531
478474
519
466
571
478
609
519
608
571
629609
625608
629
629
607
625
571
629
518
607
516
571
519
518
570
516
614
519
638
570
602
616614
617 638
611602
567 616
511
617
463
611
453
567
446 511
484
463
495
453
494
446
500
484
494
495
491
494
466
500
430
500
14
300
The Total Inventory
Inventory
& MSI of Properties available for sale as of
700
October
was 430, down
7.7% from
466 last
month
and down
The
Total Inventory
of Properties
available
for sale
as of
700 600
24.2% from
567down
in October
of last
year.
October
2016
Inventory
October
was 430,
7.7% from
466
last month
and
down
24.2%
567 in level
October
of last year.
Inventory
was atfrom
its lowest
compared
with October
October2016
of 2015
and 2014.
600 500
was at its lowest level compared with October of 2015 and 2014.
28
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 J A S O
13
14
15
16
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 J A S O
Median Sales Price and Average Sales Price
25.0
20.0
494
491
466
430
Prices
57
0
41
10
20
43
20
30
24
30
40
29
40
50
28
50
60
41
60
50
70
70
0
3 Mo Avg
80
80
10
Number of Properties Sold
90
50
2016 sales were at their lowest level compared to October of
2015 and 2014. October YTD sales of 657 are running 4.0%
ahead of last year's year-to-date sales of 632.
3 Mo Avg
100
41
October Property sales were 49, down 18.3% from 60 in October
of 2015 and 30.0% lower than the 70 sales las