Property Sales:
March property sales were 75, down -24% from 99 in March 2016 and 78% higher than the 42 sales last month.
March 2017 sales were at their lowest level as compared to March of 2016 and 2015.
March YTD sales of 159 are running -18% behind last year's year-to-date sales of 194.
Prices:
The median sales price in March was $480,163, up 4% from $460,000 in March 2016 and up .6% from $477,500 last month.
The average sales price in March was $490,376, up 5% from $465,616 in March of 2016 and up .6% from $487,618 last month.
The March ASP was at it's highest level as compared to March 2016 and 2015.
Available Inventory of Homes:
The total inventory of properties available for sale as of March was 108, up 11% from 97 last month and down -25% from 144 in March of last year.
Currently there is a 1.4 month supply of inventory.
Average Dollar per Square Foot - Sold Homes:
2017 2016 2015 2014
Jan $248 $229 $210 $193
Feb 245 232 212 217
March 246 227 215 209
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 242 229 213
Nov 249 235 216
Dec 238 224 210
Stats for March 2017:
Available Properties 108 $309,000 - $1,299,900Short Sale Contingent 7 $410,000 - $ 699,000
Pending Sales 101 $222,888 - $1,125,000
Sold/Closed in March 2017 75 $186,000 - $1,012,000
Number of Homes Sold in March per Price Bracket:
$100,000's - 1 $200,000's - 2 $300,000's - 15
$400,000's - 27 $500,000's - 16 $600,000's - 7
$700,000's - 4 $800,000's - 0 $900,000's - 1
$1,000,000 - 1
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