Property Sales:
September property sales were 99, down -3% from 101 in September of 2015, and -17% lower than the 110 sales last month.
September 2016 sales were at their lowest level as compared to September of 2015 and 2014.
September YTD sales of 847 are running 0.2% ahead of last year's year-to-date sales of 845.
Prices:
The Median Sales Price in August was $445,000, up 5.5% from $422,000 in September of 2015 and down 3.9% from $463,000 last month. Median = the same # of properties sold above & below the Median Price
The Average Sales Price (ASP) in September was $469,481, up 7.5% from $436,542 in September of 2015 and down -1.2% from $475,241 last month.
The Average Sales Price (ASP) in September was $469,481, up 7.5% from $436,542 in September of 2015 and down -1.2% from $475,241 last month.
The September ASP was at it's highest level as compared to September of 2015 and 2014.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of September was 159, down -16.3% from 190 last month and down -10.7% from 178 in September of last year.
Currently, there is a 1.6 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 240 225 211
Aug 248 224 218
Sept 237 224 215
Oct 229 213
Nov 235 216
Dec 224 210
Stats for September 2016:
Properties for Sale w/o Short Sale Contingent: 148 $187,750 - $1,490,000
(154 in September 2015)
Short Sale Contingent / Pending Lender Approval: 8 $250,000 - $ 695,000
(6 in September 2015)
Pending Sales: 117 $185,000 - $1,599,000
(139 in September 2015)
Sold in June 2016 99 $166,000 - $1,300,000
(94 in September 2015)
September Sold Homes by # of Units Per Price Bracket:
$100,000's - 4 $200,000's - 5 $300,000's - 23
$400,000's - 30 $500,000's - 20 $600,000's - 11
$700,000's - 2 $800,000's - 2 $900,000+ - 1
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