Page 49 - Sites - May 17 Issue

Percent of Original List Price Received
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
Months Supply of Inventory / Absorption Rate
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months. There are no rolling figures for this metric because it is simply a snapshot frozen in time at the end of each month. It does not add up over a period of months.
12 Month
93.3% 93.9%
2015 2016
6 Month
92.5% 93.2%
2015 2016
3 Month
92.3%
2015
March
92.9%
2015
March
94.9%
One-Year Change: + 1.1%
Two-Year Change: + 1.7%
2017
94.2%
One-Year Change: + 1.1%
Two-Year Change: + 1.8%
93.3%
2016
94.2%
One-Year Change: + 1.0%
Two-Year Change: + 2.1%
2017
93.9%
2016
94.8%
One-Year Change: + 1.0%
Two-Year Change: + 2.0%
2017
5.5
2013
4.7
4.5
Historical Percent of Original List Price Received
98% 96% 94% 92% 90% 88% 86% 84%
Historical Months Supply of Inventory / Absorption Rate
2017
2014 2015 2016
2.9
One-Year Change: - 23.7% Two-Year Change: - 35.6%
2017
1-2016 1-2017
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 8
Median Sales Price
Median price point for all closed sales, not accounting for seller concessions, in a given month.
13 12 11 10 9 8 7 6 5 4 3 2 1 0
1-2007 1-2008
3 Month
$135,000
2015
1-2009
1-2010
1-2011
1-2012 1-2013 1-2014
1-2015
12 Month
6 Month
$136,000
2015
March
$140,000
2015
$140,000
$148,263
$155,000
One-Year Change: + 4.5%
Two-Year Change: + 10.7%
2017
$142,500
2016
$152,900
One-Year Change: + 7.3%
Two-Year Change: + 12.4%
2017
$142,000
2016
$152,000
One-Year Change: + 7.0%
Two-Year Change: + 12.6%
2017
$148,750 $156,000
One-Year Change: + 4.9%
Two-Year Change: + 11.4%
2016 2017
2015 2016
Historical Median Sales Price
$170,000 $160,000 $150,000 $140,000 $130,000 $120,000 $110,000 $100,000
$90,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 6
3.8
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 10
49