MA ARCHIVED April 2016 | Page 32

Community Information

Queen Anne ’ s

Community Information

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,497,000
-2%
-10%
Average List Price of all Current Listings
$ 1,748,260
0 %
-16%
April Median Sales Price
$ 1,825,000
14 %
####
532 %
$ 306,270
16 %
6 %
April Average Sales Price
$ 1,825,000
5 %
####
411 %
$ 368,188
21 %
3 %
Total Properties Currently for Sale ( Inventory )
58
0 %
-6%
April Number of Properties Sold
2
-33%
7
250 %
April Average Days on Market ( Solds )
179
8 %
46 %
43 %
123
-2%
-2%
April Month ' s Supply of Inventory
29.0
50 %
20 %
0 %
-24%
24.3
-57%
-37%
April Sale Price vs List Price Ratio
85.9 %
. 1 %
####
-4.3%
90.7 %
4 %
1 %
* 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 )
3 Mo Avg
Property Sales April Property sales were 2 , up from 0 in April of 2015 and 33.3 % lower than the 3 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 7 are running 250.0 % ahead of last year ' s year-todate sales of 2 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in April was $ 1,825,000 , up from $ 0 in April of 2015 and up 14.1 % from $ 1,600,000 last month . The Average Sales Price in April was $ 1,825,000 , up from $ 0 in April of 2015 and up 5.1 % from $ 1,736,667 last month . April 2016 ASP was at the lowest level compared to April of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 58 , equal to 58 last month and down 6.5 % from 62 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 29.0 months was at its lowest level compared with April of 2015 and 2014 .
3 Mo Avg
0
M
J
J
A
S
O N D
J
F M A M
J
J
A
S
O N D
J
F M A M
J
J
A
S
O N D
J
F M A
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
M 10013
100 80 60 40 20 0
80 60 40 20
64
0
63
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A
14
15
16
64 65
63 67
65 66
Total Inventory & Month ' s Supply of Inventory ( MSI )
67 64
66 55
64 49
55 47
49 51
47
58 51
64 58
73 76
64 79
73 80
76 86
79 78
80 64
53
44
50 62 62 76 74 78
87
79
70
58
47 49 52 58 58
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
13
14
15
16
86
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
13
14
15
78
64
53
44
50 62 62 76 74 78
87
79
70
58
47
49
90.0 80.0 70.0
52
60.0 50.0 40.0
30.0
20.0 F M A
16 10.0 0.0
3 3 3 2 2 1 3 3 2 0 0 1 4 2 1 1 2 4 1 5 0 1 1 0 3 3 5 2 5 1 2 1 2 0 3 2
58 58
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
32 | c o l d w e l l b a n k e r h o m e s . c o m