MA ARCHIVED April 2017 | Page 22

Market Action Report
April 2017
County: Talbot
TALBOT
Market Action Report
Agent Name
April 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
County: Talbot Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,762,500 5%
4%
Trending versus*:
$2,360,183 Trending
-1% versus*: 3%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,212,500
-24%
2%
$1,762,500
5% -27% -18%
4% -69% -16% $1,475,000
$1,350,000
-26%
-7%
$2,360,183
-1% -33% -18%
3% -65% -24% $1,640,972
$1,212,500 114
-27% 11%
-18% -69% -12%
-16% $1,475,000
-24%
2%
4 -20%
18
64% -7%
$1,350,000 -33%
-18% -65% 100%
-24% $1,640,972
-26%
147 -47%
-28%
114 105
11% -56% -29%
-12% -79% -49%
4%
4 $453
-20% -8% -2%
100% -4% 2%
18 $462
64% -3%
105 -56%
-29% -100%
-79% -100%
-49% -100%
147 $352
-47% -1% -28% -4%
$0 -100%
$453 28.5
-8% 38%
-2% 27%
-4% -56%
2% -29% $462 22.6
-3% -61% 4%
-44%
$0 86.1%
-100% 2.0%
-100% -2.2%
-100% 1.3%
-100% 3.0% $352 88.1%
-1%
9% -4%
5%
Average List Price of all Current Listings
Market Profile & Trends Overview
April Median
Sales
Price
Median
List Price
of all
Current Listings
April Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
April
Sales Currently
Price
April Average
Number
of Properties
Sold
April
Sales
Price
April Properties
Average Days
on Market
Total
Currently
for Sale (Solds)
(Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold (based on New Listings)
April
Days per
on Square
Market Foot
(Solds)
April Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
April Month's
Inventory
April
Foot Ratio
April Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 28.5 38% 27% -56% -29%
April
Month's
Supply
of Inventory
22.6 -61%
-44%
86.1% 2.0% -2.2% 1.3% 3.0%
9% Sold 5%
Number of 88.1%
Properties
April Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
7
6
5
4
5
3
4
2
3
Prices
6
0
1
2
14
15
The Median Sales Price in April was $1,212,500, down 68.9%
Prices
4,000
from
$3,900,000
in April
of 2016
and down down
26.5% 68.9%
from
The
Median
Sales Price
in April
was $1,212,500,
$1,650,000
last in
month.
Average
Sales
Price from
in April was 4,000 3,500
from
$3,900,000
April of The
2016
and down
26.5%
$1,350,000,
65.4%
$3,900,000
2016 and
$1,650,000
last down
month.
The from
Average
Sales Price in in April
April of was
3,500
down 32.6%
from 65.4%
$2,002,000
last month.
April of 2017
$1,350,000,
down
from $3,900,000
in April
2016 ASP
and was
3,000
at the
lowest
level
compared last
to April
of 2016
down
32.6%
from
$2,002,000
month.
April and
2017 2015.
ASP was
3,000
2,500
at the lowest level compared to April of 2016 and 2015.
16 Average Sales Price
Median Sales Price and
Median Sales Price and Average Sales Price
2
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
14
15
16
17
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
0
3 Mo Avg
8
6
1
3 Mo Avg
Number of Properties Sold
9
to-date sales of 11.
10
April Property sales were 4, up 100.0% from 2 in April of 2016
and 20.0% Sales
lower than the 5 sales last month. April 2017 sales
Property
10
were Property
at their sales
highest
level
compared
to April
2016
April
were
4, up
100.0% from
2 in of
April
of and
2016 2015.
9
April
YTD
sales
of
18
are
running
63.6%
ahead
of
last
year's
year-
and 20.0% lower than the 5 sales last month. April 2017 sales
8
to-date
sales
of 11. level compared to April of 2016 and 2015.
were
at their
highest
April YTD sales of 18 are running 63.6% ahead of last year's year- 7
Property Sales
17
3 Mo Avg
3 Mo Avg
2,500
2,000
2,000
1,500
1,500
1,000
1,000
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
M J 14
J A S O N D J F M
A M J J A S O N D J F M A 17
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
140.0
120.0
140.0
120.0
100.0 100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
0.0 0.0
160
140
120
100
80
60
40
20
0
Inventory & MSI
The Total Inventory of Properties available for sale as of April
The Total Inventory of Properties available for sale as of April
was 114, up 10.7% from 103 last month and down 11.6% from 160
was 114, up 10.7% from 103 last month and down 11.6% from
129 in in April
April
last
year.
April
2017
Inventory
its lowest 140
129
of of
last
year.
April
2017
Inventory
was was
at its at lowest
level compared
compared
with
April
of 2016
2015.
level
with
April
of 2016
and and
2015.
120
100
80
60
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
40
higher MSI
MSI
better
buyers.
April
2017
of 28.5
higher
is is
better
for for
buyers.
The The
April
2017
MSI MSI
of 28.5
months
at at
its its
lowest
level
compared
with with
April
of 2016
and and 20
months was
was
lowest
level
compared
April
of 2016
0
2015.
2015.
M J M
J A J S J O
J J A A M S J O J N A D S J O F N M D A J F M A
A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M
D A J M
F M
14 14
15
16
17
15
16
17
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© Coldwell
Banker Residential Brokerage | 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 Residential Brokerage
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 Residential Brokerage
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.
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.