MA ARCHIVED April 2017 | Page 12

Market Action Report April 2017
Community Information
Market Action Report April 2017

County : Carroll

Price Range : All | Properties : SFH - Con
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
$ 389,000
1 %
11 %
Average List Price of all Current Listings
$ 433,634
3 %
11 %
April Median Sales Price
$ 313,000
-2%
3 %
-4%
0 %
$ 305,000
2 %
-3%
April Average Sales Price
$ 332,604
1 %
3 %
1 %
1 %
$ 323,958
2 %
-2%
Total Properties Currently for Sale ( Inventory )
579
5 %
-28%
April Number of Properties Sold
153
-9%
-22%
551
-8%
April Average Days on Market ( Solds )
59
5 %
-12% -24% -13%
67
-21%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 156
-4%
-1%
3 %
3 %
$ 157
5 %
4 %
April Sold Price per Square Foot
$ 149
2 %
4 %
5 %
4 %
$ 143
2 %
-1%
April Month ' s Supply of Inventory
3.8
16 %
-3%
-8%
-13%
4.1
-20%
-6%
April Sale Price vs List Price Ratio
96.9 %
. 6 %
1.3 % 2.0 % 1.9 %
95.7 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
April Property sales were 153 , down 22.3 % from 197 in April of
2016 and 9.5 % lower than the 169 sales last month . April 2017
Property sales were Sales at their lowest level compared to April of 2016 and
300
250
April
2015 Property . April YTD sales sales were of 153 551 , down are running 22.3 % from 8.2 % 197 behind April last of year ' s
2016 year-to-date and 9.5 % sales lower of than 600 the . 169 sales last month . April 2017
250 sales were at their lowest level compared to April of 2016 and
200
2015 . April YTD sales of 551 are running 8.2 % behind last year ' s year-to-date sales of 600 .
200
150
150
100
100
50

Carroll

137 191
Agent Name
166
Title Phone Website Other

Community Information

165 137
Number of Properties Sold
50 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
0 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in April was $ 313,000 , down 3.7 % from
350
Prices $ 325,000 in April of 2016 and down 2.2 % from $ 319,900 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 313,000 April was , down $ 332,604 3.7 % from , up 1.4 %
340
350 $ from 325,000 $ 327,987 in April in of April 2016 of and 2016 down and 2.2 up % 1.2 from % from $ 319,900 $ 328,663 last last 330
. The Average Sales Price in April was $ 332,604 , up 1.4 %
340
month . April 2017 ASP was at the highest level compared to 320 from $ 327,987 in April of 2016 and up 1.2 % from $ 328,663 last 330 April of 2016 and 2015 .
310 month . April 2017 ASP was at the highest level compared to 320 300
April of 2016 and 2015 . 310
290 300
280 290
270 280
260
270 260
250
250 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
15 A M J J A S O N D J F M
16 A M J J A S O N D J F M A
17
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of April
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 579 , Inventory up 5.5 % from of Properties 549 last available month and for down sale as 28.3 of April % from 1,200 was 807579 in , April up 5.5 of % last from year 549 . last April month 2017 and Inventory down 28.3 was % at from its lowest 1,200
9.0 1,000
807 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest 8.0
1,000 level compared with April of 2016 and 2015 .
800 7.0
800 6.0
600 5.0
600 A comparatively lower MSI is more beneficial for sellers while a 400
4.0
A comparatively lower MSI is more beneficial for sellers while a 400
3.0 higher MSI is better for buyers . The April 2017 MSI of 3.8 higher MSI is better for buyers . The April 2017 MSI of 3.8
200
2.0 months was at its lowest level compared with April of 2016 and 200 months was at its lowest level compared with April of 2016 and
1.0 2015 .
0 2015 .
0
0.0 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
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 14
15 16
17
128 118 142
137 191 166 165 137 128 118 142 101 98 136 168 167 239 180 204 154 159 129 154 118 120 165 197 233 240 230 217 175 177 150 175 120 109 169 153
924 966 990 1,003 979
910
861 924
966 861 990 1,003 979
910 820 792 792
101
820 792
98
797 866
136
Number of Properties Sold
168 167 239 180
947 992 988 968 965 909
792 797
866
204 154 159 129
947 992 988 968 965 909
836
154
836 766 707 701 733
807
118 120 165 197
895 896 878 817
766 707 701 733
807
233 240
797 748
230 217 175
895 896 878 817 797 748
177
3 Mo Avg
150
651 587 553 514 549 579 175 120
651 587 553 514
3 Mo Avg
109 169
549 579
153
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
12 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .