Facts and Trends TM - Published May 2017*
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1 Number of Homes For Sale vs. Sold vs. Pended (Feb Apr. 2017) Mar. 17 For Sale % % % % Sold % % % % Pended % % % % April 2017 is a Seller's market** Home For Sale in April 2017 is 521 units. It is up 18.9% compared to the last month and down 18.1% compared to the last year. Home Closed in April 2017 is 699 units. It is down 10.7% compared to the last month and down 9.9% compared to the last year. Home Placed under Contract in April 2017 is 788 units. It is down 1% compared to the last month and down 5.5% compared to the last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3-6 months of inventory based on closed sales.
2 Average Price per SQFT (Sold) (Feb Apr. 2017) Avg. Sq. Ft. Price (Sold) Mar % % % % April 2017 Average Sold Price per Square Footage is Appreciating** Average Sold Price per Square Footage in April 2017 is $404. It is up 4.7% compared to the last month and up 13.8% compared to the last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.
3 Avg CDOM & Sold/List Price % (Feb Apr. 2017) Mar. 17 Avg CDOM % % % % Sold/List Diff. % % % % % April 2017 Average Continuous Days on Market trend is Falling** Continuous Days on Market in April 2017 is 15. It is down 34.8% compared to the last month and down 16.7% compared to the last year. April 2017 Sold/List Price Ratio is Rising** Sold/List Price % in April 2017 is 106%. It is up 1% compared to the last month and up 1.9% compared to the last year. **Based on 6 month trend - Rising/Falling/Remains Steady.
4 Avg Prices & Median Price (Feb Apr. 2017) Mar. 17 Median % % % % Avg. Active Price Avg. Sold Price % % % % % % % % April 2017 Median Sold Price is Appreciating** Average Median Sold Price in April 2017 is $700. It is up 2.9% compared to the last month and up 12.9% compared to the last year. April 2017 Average For Sale Price is Neutral** Average For Sale Price (in thousand) in April 2017 is $1364. It is down 5.1% compared to the last month and up 27.5% compared to the last year. April 2017 Average Sold Price is Appreciating** Average Sold Price (in thousand) in April 2017 is $818. It is up 7.2% compared to the last month and up 14.2% compared to the last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.
5 Months of Inventory Based on Pended Sales (Feb Apr. 2017) Months of Inventory (Pended Sales) Mar % % % % April 2017 is a Seller's market** Months of Inventory based on Pended Sales in April 2017 is 0.7. It is up 18.2% compared to the last month and down 13.1% compared to the last year. **Buyer's market: more than 6 months of inventory based on pended sales. Seller's market: less than 3 months of inventory based on pended sales. Neutral market: 3-6 months of inventory based on pended sales.
6 Date 2/16 3/16 4/16 5/16 6/16 7/16 8/16 9/16 10/16 11/16 12/16 1/17 2/17 3/17 4/17 For Sale New Listing Sold Pended Months of Inventory (Closed Sales) Months of Inventory (Pended Sales) Absorption Rate (Closed Sales) % Absorption Rate (Pended Sales) % Avg. Active Price Avg. Sold Price Avg. Sq. Ft. Price (Sold) Sold/List Diff. % Sold/Orig LP Diff. % Days on Market Avg CDOM Median
Facts and Trends TM - Published August 2017*
Number of Homes For Sale vs. Sold vs. Pended (May. 2016 - Jul. 2017) Jun. 17 For Sale 2979 2619 13.7% 2979 3581-16.8% 2979 3581-16.8% 2897 2761 4.9% Sold 2663 3119-14.6% 2663 2795-4.7% 8542 8485 0.7% 490
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