All homes for sale, pending, and closed for the last 15 months
June 2016 is a Seller's market*
Home For Sale in June 2016: 1455 units.
| • | Up 21.4% compared to the last month |
| • | Down 2% compared to the last year |
Home Closed in June 2016: 1017 units.
| • | Down 3.6% compared to the last month |
| • | Down 17.9% compared to the last year |
Home Placed under Contract in June 2016: 1150 units.
| • | Down 0.9% compared to the last month |
| • | Down 7.2% 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
Average Price Per Square Foot for the past 15 months
June 2016 Average Sold Price per Square Footage is Neutral*
Average Sold Price per Square Footage in June 2016: $237
| • | Down 0.8% compared to the last month |
| • | Up 11.3% compared to the last year |
*Based on 6 month trend - Appreciating/Depreciating/Neutral
Average Days On Market and Sale Price/List Price %
June 2016 Average Days on Market trend is Falling*
Average Days on Market in June 2016: 20
| • | 0% compared to the last month |
| • | Down 20% compared to the last year |
June 2016 Sold/Original List Price Ratio Remains Steady*
Sold/Original List Price % in June 2016: 101%
| • | Down 1.9% compared to the last month |
| • | Down 1% compared to the last year |
*Based on 6 month trend - Rising/Falling/Remains Steady
Average Price for sale and actually sold
June 2016 Average For Sale Price is Neutral*
Average For Sale Price (in thousand) in June 2016: $600
| • | Down 0.5% compared to the last month |
| • | Up 11.5% compared to the last year |
June 2016 Average Sold Price is Appreciating*
Average Sold Price (in thousand) in June 2016: $455
| • | Up 0.2% compared to the last month |
| • | Up 12.3% compared to the last year |
*Based on 6 month trend - Appreciating/Depreciating/Neutral
Months of Inventory
June 2016 is a Seller's market*
Months of Inventory based on Closed Sales in June 2016: 1.4
| • | Up 26.4% compared to the last month |
| • | Up 16.7% 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
