MA ARCHIVED April 2017 | Page 18

Market Action Report Dorchester County: Dorchester Title Phone Agent Name Website Other Title 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 $199,900 4% 5% Other $354,338 Trending 3% versus*: 3% Month LM 8% L3M 6% PYM 16% LY $149,000 $199,900 4% 6% -7% 5% -33% $178,573 $354,338 260 3% 1% 3% -20% $149,000 8% 6% 16% 1% 48 26% 140% $178,573 139 6% 23% -7% -33% -3% 1% 34% 260 1% -20% $149 10% 6% 21% 48 26% 140% $115 16% 2% 34% 139 23% 1% 34% 19% 5.4 -20% -32% -67% $149 10% 6% 21% 15% 90.4% 8.5% 4.1% 8.7% 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 $115 16% 2% 34% 5.4 -20% -32% -67% 90.4% 8.5% 4.1% 8.7% * 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 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 9% Prior Year $140,000 1% -3% $191,848 $140,000 $191,848 19% 9% 133 18% 137 15% $141 133 27% 14% $113 137 0% -44% 8.6 $141 24% 2.2% 86.8% 18% -5% 4% 27% -5% 0% 4% 24% 38% 17% -30% 8% 0% 17% 8% 12% -10% -2% 14% $113 38% 12% -44% 8.6 -30% -10% Number of 86.8% Properties 2.2% 0% Sold -2% 3 Mo Avg Number of Properties Sold 50 3 Mo Avg 40 30 40 P rices 14 The Median Sales Price in April was $149,000, up 15.7% from 300 Prices $128,825 in April of 2016 and up 8.0% from $138,000 last The Median Sales Price Sales in April was in $149,000, 15.7% from month. The Average Price April was up $178,573, down 300 250 $128,825 in April of 2016 in and up of 8.0% from last 32.9% from $266,253 April 2016 and $138,000 up 6.1% from month. The last Average Sales Price in April down $168,318 month. April 2017 ASP was was $178,573, at a mid range 250 200 32.9% from $266,253 April and of 2016 compared to April of in 2016 2015. and up 6.1% from 200 150 100 50 Inventory & MSI 15 16 Median Sales Price and Average Sales Price 3 Mo Avg 17 3 Mo Avg 150 100 50 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 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 25.0 25.0 20.0 15.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 450 was Total 260, Inventory up 0.8% of from 258 last available month and down The Properties for sale as 20.0% of April from 325 260, in April of last year. 2017 Inventory was at from its lowest 450 400 was up 0.8% from 258 April last month and down 20.0% 400 350 325 in compared April of last with year. April April of 2017 was at its lowest level 2016 Inventory and 2015. 350 300 level compared with April of 2016 and 2015. 300 250 250 200 A comparatively lower MSI is more beneficial for sellers while 200 a 150 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 5.4 a 150 100 100 higher MSI is better for buyers. April 2017 of 5.4 50 months was at its lowest level The compared with MSI April of 2016 and 50 months 0 2015. was at its lowest level compared with April of 2016 and 0 27 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 0 2015. 29 0 10 10 20 20 30 sales were at their highest level compared to April of 2016 and 2015. April YTD sales of 133 are running 26.7% ahead of last year's year-to-date sales of 105. Trending versus*: Prior YTD Prior Year YTD 60 April Property sales were 48, up 140.0% from 20 in April of 2016 and 26.3% higher than the 38 sales last month. April 2017 Property sales were Sales at their highest level compared to April of 2016 and 60 April Property sales sales were of 48, up are 140.0% from 26.7% 20 in April 2015. April YTD 133 running ahead of of last 2016 and 26.3% higher than 38 sales last month. April 2017 50 year's year-to-date sales of the 105. $168,318 last month. April 2017 ASP was at a mid range compared to April of 2016 and 2015. April 2017 Community Information County: Dorchester Agent Name Market Action Report April 2017 10.0 5.0 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 Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con Copyright © Range: Types: SFH - Con 18 | 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 responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction. 20.0 15.0 10.0 5.0 0.0