MA ARCHIVED April 2017 | Page 16

Market Action Report
Charles
County: Charles
Market Action Report
County: Charles
April 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
April 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$385,000
5%
13%
Other
$385,999 Trending
5% versus*: 8%
Month
LM 1%
L3M 1%
PYM 0%
LY
$293,000
$385,000
5% -1% 0%
13% -2%
$302,880
$385,999 613
5% 1%
8% -30%
$293,000 175
1% -2%
1% 0% 26%
1%
$302,880 -1%
0%
-2%
-1%
68 0% -8% -12%
613 1%
-30%
$141 2% 2% 8%
175 -2%
26%
$127 6% 3% -1%
68 0% -8% -12% -6%
3.5 3% -5% -44%
$141 2% 2% 8% 6%
97.6% 2.4% 1.4% 1.2%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
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
Property
Sales
Trending versus*:
YTD
Prior YTD 2%
Prior Year
$290,000
1%
-1%
$303,023
0%
-1%
0%
$290,000
$303,023
-6%
2% 14% 0%
618
0% -12% -1%
74
6%
$138
5%
618
14%
1%
$123
-2%
74 -12%
3%
-29%
4.1 -31%
$138
5%
4%
1.9%
96.3%
1%
3%
4%
-2%
-18%
1%
$127 6% 3% -1% 1%
$123
-2%
-2%
3.5 3% -5% -44% -29%
4.1 -31%
-18%
Number of 96.3%
Properties
97.6% 2.4% 1.4% 1.2% 1.9%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
250
April Property sales were 175, up 25.9% from 139 in April of
2016 and 1.7% lower than the 178 sales last month. April 2017
Property
sales were Sales
at their highest level compared to April of 2016 and 250 200
April
Property
sales sales
were of
175,
up are
25.9%
from 14.4%
139 in ahead
April of of last
2015.
April YTD
618
running
2016
and
1.7% lower than
178 sales last month. April 2017
year's
year-to-date
sales the
of 540.
200 150
sales were at their highest level compared to April of 2016 and
14
350
340
330
320
310
300
290
280
270
260
250
179
129
16
17
3 Mo Avg
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
15 A M J J A S O N D J F M 16
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
14
15
16
17
Inventory & MSI
800
600
10.0
10.0
600
400
A comparatively lower MSI is more beneficial for sellers while a
400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 3.5 a
200
higher
MSI
is better
for buyers.
April 2017
of 3.5
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 200
months
was
at
its
lowest
level
compared
with
April
of
2016
and
0
2015.
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,200
was Total
613, Inventory
up 1.3% from
605 last available
month and
from
The
of Properties
for down
sale as 29.9%
of April
875 613,
in April
of last
April
2017 and
Inventory
was at from
its lowest 1,200 1,000
was
up 1.3%
from year.
605 last
month
down 29.9%
875
in compared
April of last with
year. April
April of 2017
was at its lowest
level
2016 Inventory
and 2015.
1,000
800
level compared with April of 2016 and 2015.
2015.
15
Median Sales Price and Average Sales Price
8.0
6.0
320
310
300
290
280
270
260
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
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
Prices
The Median Sales Price in April was $293,000, up 0.3% from
Prices
$292,000 in April of 2016 and up 0.7% from $290,950 last
The
Median
Sales
Price Sales
in April
was in
$293,000,
0.3% from down
month.
The
Average
Price
April was up
$302,880,
350
$292,000
in $308,277
April of 2016
and up
0.7% from
$290,950
1.8% from
in April
of 2016
and down
0.5% last
from
340
month.
The last
Average
Sales
Price 2017
in April
down
$304,536
month.
April
ASP was
was $302,880,
at a mid range
330
1.8%
from $308,277
2016
and down 0.5% from
compared
to April in
of April
2016 of
and
2015.
0
50 50
100
0
$304,536 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
3 Mo Avg
150 100
2015. April YTD sales of 618 are running 14.4% ahead of last
year's year-to-date sales of 540.
Number of Properties Sold
4.0
2.0
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
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Copyright
© Coldwell
Banker Residential
Brokerage | Price
Range: All | Property
Types:
SFH - Con
Copyright
©
Range:
Types:
SFH - Con
16
| Coldwell
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
er
h o All m | Property
es . c
om
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibil