Trending versus *: |
Trending versus *: |
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Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,400,000 |
-1% |
-7% |
|||||
Average List Price of all Current Listings |
$ 1,632,687 |
-5% |
-7% |
|||||
September Median Sales Price |
$ 1,385,000 |
7 % |
-16% |
11 % |
$ 1,300,000 |
1 % |
5 % |
|
September Average Sales Price |
$ 1,385,000 |
4 % |
-16% |
1 % |
$ 1,314,118 |
-6% |
-4% |
|
Total Properties Currently for Sale ( Inventory ) |
33 |
-8% |
-25% |
|||||
September Number of Properties Sold |
2 |
100 % |
17 |
70 % |
||||
September Average Days on Market ( Solds ) |
186 |
-19% |
-2% |
-19% |
167 |
-17% |
-27% |
|
Asking Price per Square Foot ( based on New Listings ) |
$ 516 |
33 % |
22 % |
42 % |
25 % |
$ 424 |
-7% |
3 % |
September Sold Price per Square Foot |
$ 362 |
13 % |
6 % |
-26% |
$ 320 |
-39% |
-35% |
|
September Month ' s Supply of Inventory |
16.5 |
0 % |
0 % |
-63% -51% |
16.7 |
-54% |
-51% |
|
September Sale Price vs List Price Ratio |
88.8 % |
3.9 % 7.6 % 4.3 % |
89.3 % |
7 % |
5 % |
|||
Property Sales September Property sales were 2 , up 100.0 % from 1 in September of 2015 and higher than the 0 sales last month . September 2016 sales were at their highest level compared to September of 2015 and 2014 . September YTD sales of 17 are running 70.0 % ahead of last year ' s year-to-date sales of 10 . |
7 6 5 4 |
Number of Properties Sold |
3 Mo Avg |
3 |
|||
2 |
|||
1 |
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 |
|
Inventory & MSI The Total Inventory of Properties available for sale as of September was 33 , down 8.3 % from 36 last month and down 25.0 % from 44 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 16.5 months was at its lowest level compared with September of 2015 and 2014 .
|
60 50 40 30 20 10 0 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) 60
60.0 50
50.0 40
40.0 30
30.0
20 20.0
10 10.0
0 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 J A S
13 13 14 14
15 15
16 16
45
41
45
35
41
35 39
37
37
37
37
39
35 34
38 35
37 34
38 43
48 48 43
37
48
44
41
48
39
44
42
41
44 39
39
42
42
44
39
42
43
43 39 43
39 44 44
43
38
44
44
30 30
38
33
30
31
30
28
33
31
25
26
32 28
|
36
33
25
26
32
36
33
|
60.0 50.0 40.0 30.0 20.0 10.0 0.0 |
38 | c o l d w e l l b a n k e r h o m e s . c o m |