MA ARCHIVED April 2016 | Page 33

Market Action Report

County: Queen Annes

April 2016

Queen Anne’s
Agent Name
Title
Phone
Website
Other

Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 179, up 8.5% from 165
days last month and up from 0 days in April of last year. The
April 2016 DOM was at a mid level compared with April of 2015
and 2014.

3 Mo Avg

1,200
1,000
800
600
400
200

179

126

0
-200

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3 Mo Avg
3 Mo Avg

Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more
of a Buyer's market exists, a ratio at or above 100% indicates
more of a Seller's market. The April 2016 Selling Price vs
Original List Price of 85.9% was up from 85.8% last month and
up from 0.0% in April of last year.

Avg Selling Price divided by Avg Listing Price for sold properties during the month

120%
100%

89.1%

85.9%

80%
60%
40%
20%
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
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14
15
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58

52

49

47

58

58

70

79

78

76
44

50

62

62

64
53

51

49

47

74

86
78

80

79

76

73
64
58

64
55

67

66

65

64

63

100
90
80
70
60
50
40
30
20
10
0

87

Inventory / New Listings / Sales

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in April 2016 was 8, down 46.7% from 15 last month
and equal to 8 in April of last year.

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Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

c o l dw el l b a n k er h o m es.c o m

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