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May Market Report

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Tuesday, June 9, 2020 / by Nathan Lawrence

May Market Report

Summary Statistics
	May-20	May-19	% Chg	2020 YTD	2019 YTD	% Chg
Absorption Rate	4.7	4.54	3.52	4.55	4.41	3.17
Average List Price	$369,559	$380,052	-2.76	$314,377	$311,345	0.97
Median List Price	$279,500	$285,000	-1.93	$250,000	$248,000	0.81
Average Sale Price	$236,291	$236,447	-0.07	$251,728	$230,977	8.98
Median Sale Price	$224,999	$205,000	9.76	$228,800	$206,500	10.80
Average CDOM	77	68	13.24	70	71	-1.41
Median CDOM	44	20	120.00	35	23	52.17

Sold Listings
	This Month			Year to Date
	2020	2019	% Chg	2020	2019	% Chg
0-29,999	13	10	30.0	56	68	-17.6
30,000-39,999	9	14	-35.7	36	53	-32.1
40,000-49,999	5	17	-70.6	32	70	-54.3
50,000-59,999	9	14	-35.7	48	57	-15.8
60,000-69,999	7	11	-36.4	43	62	-30.6
70,000-79,999	6	12	-50.0	31	78	-60.3
80,000-89,999	7	17	-58.8	39	57	-31.6
90,000-99,999	5	12	-58.3	32	54	-40.7
100,000-119,999	23	22	4.5	107	110	-2.7
120,000-139,999	22	41	-46.3	124	163	-23.9
140,000-159,999	30	58	-48.3	141	195	-27.7
160,000-179,999	30	52	-42.3	155	188	-17.6
180,000-199,999	26	56	-53.6	161	218	-26.1
200,000-249,999	77	106	-27.4	429	490	-12.4
250,000-299,999	73	74	-1.4	371	340	9.1
300,000-399,999	80	110	-27.3	431	420	2.6
400,000-499,999	20	32	-37.5	131	136	-3.7
500,000+	15	34	-55.9	121	125	-3.2
Totals	457	692	-34.0	2488	2884	-13.7

Pending Listings
	This Month			Year to Date
	2020	2019	% Chg	2020	2019	% Chg
0-29,999	12	11	9.1	44	49	-10.2
30,000-39,999	5	9	-44.4	33	53	-37.7
40,000-49,999	7	12	-41.7	33	61	-45.9
50,000-59,999	11	13	-15.4	39	65	-40.0
60,000-69,999	13	9	44.4	42	58	-27.6
70,000-79,999	7	19	-63.2	47	96	-51.0
80,000-89,999	11	9	22.2	39	58	-32.8
90,000-99,999	17	19	-10.5	58	72	-19.4
100,000-119,999	24	26	-7.7	106	112	-5.4
120,000-139,999	31	37	-16.2	148	152	-2.6
140,000-159,999	36	48	-25.0	172	223	-22.9
160,000-179,999	59	46	28.3	189	185	2.2
180,000-199,999	54	41	31.7	211	241	-12.4
200,000-249,999	163	128	27.3	520	540	-3.7
250,000-299,999	115	91	26.4	427	410	4.1
300,000-399,999	155	102	52.0	518	502	3.2
400,000-499,999	43	37	16.2	157	191	-17.8
500,000+	50	31	61.3	146	160	-8.7
Totals	813	688	18.2	2929	3228	-9.3

Active Listings
	This Month			Year to Date
	2020	2019	% Chg	2020	2019	% Chg
0-29,999	6	15	-60.0	59	71	-16.9
30,000-39,999	9	24	-62.5	50	82	-39.0
40,000-49,999	16	22	-27.3	56	89	-37.1
50,000-59,999	22	26	-15.4	74	104	-28.8
60,000-69,999	29	28	3.6	85	104	-18.3
70,000-79,999	22	32	-31.2	91	147	-38.1
80,000-89,999	21	28	-25.0	70	102	-31.4
90,000-99,999	46	34	35.3	118	116	1.7
100,000-119,999	53	49	8.2	172	175	-1.7
120,000-139,999	92	81	13.6	262	261	0.4
140,000-159,999	103	90	14.4	300	328	-8.5
160,000-179,999	129	99	30.3	353	305	15.7
180,000-199,999	185	127	45.7	447	409	9.3
200,000-249,999	411	304	35.2	1031	881	17.0
250,000-299,999	355	341	4.1	874	830	5.3
300,000-399,999	523	444	17.8	1179	1072	10.0
400,000-499,999	249	202	23.3	476	468	1.7
500,000+	415	407	2.0	682	664	2.7
Totals	2686	2353	14.2	6379	6208	2.8

New Listings
	This Month			Year to Date
	2020	2019	% Chg	2020	2019	% Chg
0-29,999	10	14	-28.6	45	57	-21.1
30,000-39,999	7	12	-41.7	36	65	-44.6
40,000-49,999	1	7	-85.7	34	64	-46.9
50,000-59,999	7	15	-53.3	46	85	-45.9
60,000-69,999	11	14	-21.4	51	71	-28.2
70,000-79,999	11	19	-42.1	45	106	-57.5
80,000-89,999	9	7	28.6	42	71	-40.8
90,000-99,999	15	15	0.0	79	77	2.6
100,000-119,999	18	25	-28.0	114	124	-8.1
120,000-139,999	27	50	-46.0	159	184	-13.6
140,000-159,999	35	43	-18.6	189	239	-20.9
160,000-179,999	39	43	-9.3	216	207	4.3
180,000-199,999	56	56	0.0	278	289	-3.8
200,000-249,999	121	125	-3.2	666	638	4.4
250,000-299,999	92	132	-30.3	529	587	-9.9
300,000-399,999	151	151	0.0	685	668	2.5
400,000-499,999	53	70	-24.3	281	271	3.7
500,000+	73	52	40.4	350	331	5.7
Totals	736	850	-13.4	3845	4134	-7.0

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