Cobb
MARKET ACTION REPORT
Agent Name
County: CobbACTION REPORT
MARKET
County: Cobb
February 2016
Title
Phone Name
Agent
Website
Title
Other
Phone
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Website Trending versus*:
Other
Price
Range: $1,000,000
and&
Up Trends
| Properties: SFH
- Condo
Market
Profile
Overview
Month
$1,350,000
$1,660,354
Month
$1,216,761
$1,350,000
$1,216,761
$1,660,354
128
$1,216,761
$1,216,7612
252
128
64.0
2
85.6%
252
Median List Price of all Current Listings
Average List
Price of&
allTrends
Current Listings
Market
Profile
Overview
February
Median
Sales
Price Listings
Median
List
Price of
all Current
February
Average
Sales
Price Listings
Average
List
Price of
all Current
Total Properties
for Sale (Inventory)
February
Median Currently
Sales Price
February
Number
of
Properties
Sold
February Average Sales Price
February
Average
Days onfor
Market
(Solds)
Total
Properties
Currently
Sale (Inventory)
February
Month's
Supply
of
Inventory
February Number of Properties Sold
FebruaryAverage
Sale Price
vs List
Price Ratio
February
Days
on Market
(Solds)
LM
L3M PYM
Trending versus*:
0%
-0%
2% L3M PYM
1%
LM
-24%
-6%
0%
-20%
2% -12%
14%
-0%
12%
1%
February 2016
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
LY
1%
-5%
13% -6% 14%
38%
-24%
1%
-71%
-50%
-20% -12% 12%
-5%
63% 38% 204%
13%
38% 157%
296%
-71% 90% 175%
-50% 265%
-8.8%
63% -8.3%
38% ####
204% ####
157%
YTD
$1,332,000
$1,456,771
$1,332,000
9
$1,456,771
177
40.19
91.8%
177
Prior YTD
14%
Prior Year
11%
14%
29%
24%
11%
24%
50%
54%
29%
-6.5%
50%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
64.0
85.6%
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
296%
90% 175% 265%
40.1
91.8%
54%
Number of Properties Sold
-8.8% -8.3% #### ####
-6.5%
13%
129%
-3.9%
81%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 14
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
February Property sales were 2, down 50.0% from 4 12
in February of 2015 and 71.4% lower than the 7
10
Property
Sales February 2016 sales were at their 14
sales last month.
February
Property
salestowere
2, down
50.0%
from 4 128
lowest level
compared
February
of 2015
and
in2014.
February
of 2015
and
71.4%
than the
7
106
February
YTD
sales
of 9lower
are running
28.6%
sales
last
February
2016 sales
sales of
were
ahead
ofmonth.
last year's
year-to-date
7. at their
84
lowest level compared to February of 2015 and
62
2014. February YTD sales of 9 are running 28.6%
40
ahead of last year's year-to-date sales of 7.
37.6% from 93 in February of last year. February 2016
Inventory was at its highest level compared with
A comparatively
lower
MSI is more beneficial for sellers
February
of 2015 and
2014.
while a higher MSI is better for buyers. The February
2016 MSI of 64.0 months was at its highest level
with February
ofis2015
and
2014. for sellers
Acompared
comparatively
lower MSI
more
beneficial
3 Mo Avg
1
9
5
10
7
1
2
8
2
5
1
5
9
6
12
5
12
2
4
4
7
5
3
4
9
5
7
10
9
11
6
10
5
5
7
2
Sales
Price
M A M J J Median
A S O N D
J F M
A M and
J J AAverage
S O N D Sales
J F M Price
A M J J A S O N D J F
3 Mo Avg
13
14 same # of prop