MA ARCHIVED September 2016 | Page 26

Kent Community Information

Kent 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
$ 1,437,500
3 %
-24%
Average List Price of all Current Listings
$ 2,033,650
4 %
-10%
September Median Sales Price
$ 0
-100%
-100%
$ 1,442,500
-50%
-31%
September Average Sales Price
$ 0
-100%
-100%
$ 1,371,251
-53%
-33%
Total Properties Currently for Sale ( Inventory )
20
11 %
-26%
September Number of Properties Sold
0
4
100 %
September Average Days on Market ( Solds )
0
-100%
-100%
606
5960 %
862 %
Asking Price per Square Foot ( based on New Listings )
$ 665
91 %
61 %
63 %
23 %
$ 389
-28%
-28%
September Sold Price per Square Foot
$ 0
0 %
-100%
$ 300
-68%
-37%
September Month ' s Supply of Inventory
0.0
0 %
0 %
0 %
-100%
14.3
-39%
-33%
September Sale Price vs List Price Ratio
0.0 %
-100.0%
-100.0%
73.4 %
-19%
-24%
* 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 September Property sales were 0 , up from 0 in September of 2015 and higher than the 0 sales last month . September 2016 sales were at their lowest level compared to September of 2015 and 2014 . September YTD sales of 4 are running 100.0 % ahead of last year ' s year-to-date sales of 2 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in September was $ 0 , up from $ 0 in September of 2015 and up from $ 0 last month . The Average Sales Price in September was $ 0 , up from $ 0 in September of 2015 and up from $ 0 last month . September 2016 ASP was at a mid range compared to September 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
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
J
A
S
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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
J
A S
13
14
15
16
0 0 1 0 0 1 0 0 1 0 0 1 3 1 1 1 0 0 0 0 1 0 0 0 0 1 1 0 1 0 1 1 1 0 0 0
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of September was 20 , up 11.1 % from 18 last month and down 25.9 % from 27 in September of last year . September 2016 Inventory was at its lowest level compared with September of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of 0.0 months was at a mid level compared with September of 2015 and 2014 .
40 35 30 25 20 15 10 5 0
30 28
30 25
28 23
25
22 23
Total Inventory & Month ' s Supply of Inventory ( MSI )
40
35
35.0
30
30.0
25
25.0
20
20.0
15
15.0
10
10.0
5
5.0
0
O
N
O D
N
J
D
F 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
F M
M J
A
J
M
A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J
13
13
14
14
15
15
16
16
0.0
J
A S
23
22 26 28 23
32 26
34 28
32 33
34
32 33
28 32
24
20 28
24
19
19 20
22 19
24 19 28 28
24 29 28 27
22
28 28 29 28
22 22
27
16 22 22
11 11
16
13 14 11 15 11 17 13 17 14 18 15
20 17
17 18 20
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
26 | c o l d w e l l b a n k e r h o m e s . c o m