Property Sales:
June property sales were 139, up 8.7% from 125 in June of 2015, and 33.3% higher than the 102 sales last month.
June 2016 sales were at their highest level as compared to June of 2015 and 2014.
June YTD sales of 524 are running 1.7% ahead last year's year-to-date sales of 515.
Prices:
The Median Sales Price in June was $489,000, up 8.7% from $450,000 in June of 2015 and up 1.2% from $483,375 last month. Median = the same # of properties sold above & below the Median Price
The Average Sales Price (ASP) in June was $497,818, up 7.2% from $4646,337 in June of 2015 and up 1.1% from $492,386 last month.
The Average Sales Price (ASP) in June was $497,818, up 7.2% from $4646,337 in June of 2015 and up 1.1% from $492,386 last month.
The June ASP was at it's highest level as compared to June of 2015 and 2014.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of June was 171, up 6.2% from 161 last month and down -21.6% from 218 in June of last year.
Currently, there is a 1.3 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2016 2015 2014
Jan $229 $210 $193
Feb 232 212 217
March 227 215 209
April 235 222 206
May 235 222 220
June 238 219 211
July 225 211
Aug 224 218
Sept 224 215
Oct 229 213
Nov 235 216
Dec 224 210
Stats for June 2016:
Properties for Sale w/o Short Sale Contingent: 155 $228,888 - $1,599,000
(181 in June 2015)
Short Sale Contingent / Pending Lender Approval: 14 $350,000 - $1,010,000
(11 in June 2015)
Pending Sales: 138 $189,000 - $1,599,000
(164 in June 2015)
Sold in June 2016 139 $212,500 - $1,010,000
(118 in June 2015)
May Sold Homes by # of Units Per Price Bracket:
$100,000's - 1 $200,000's - 9 $300,000's - 24
$400,000's - 44 $500,000's - 35 $600,000's - 16
$700,000's - 7 $800,000's - 1 $900,000+ - 2
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