MA ARCHIVED April 2017 | Page 26

Market Action Report
Kent
County: Kent
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
$299,000
9%
20%
Other
$443,129 Trending
4% versus*: 9%
Month
LM 33%
L3M 22%
PYM 46%
LY
$241,700
$299,000
9% 30% 5%
20% 47%
$335,556
$443,129 251
4% 3%
9% -15%
$241,700 33%
22%
46%
21%
32 7%
-6%
$335,556 192
30% -22%
5% -7%
47% -5%
30%
251 3%
-15%
$218 42% 25% 32%
32 7%
-6%
$173 40% 7% 67%
192 -22% -7% -5% 11%
7.8 -4% -21% -10%
$218 42% 25% 32% 34%
87.1% 4.3% .2% .9%
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
$173 40% 7% 67%
7.8 -4% -21% -10%
87.1% 4.3% .2% .9%
* 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
$197,750
$319,452
11%
20%
104
30%
207
34%
$174
104
41%
31%
$161
207
1%
-39%
9.7
$174
6%
.4%
87.0%
41% -1%
1% 24%
6%
55%
20%
-47%
7%
3%
20%
7%
22%
-25%
0%
3 Mo Avg
Number of Properties Sold
35
3 Mo Avg
30
25
30
20
25
15
20
10
15
Prices
The Median Sales Price in April was $241,700, up 46.5% from
Prices
$165,000 in April of 2016 and up 33.5% from $181,050 last
The
Median
Sales
Price Sales
in April
was in
$241,700,
up $335,556,
46.5% from
month.
The
Average
Price
April was
up
600
$165,000
in April
of 2016 in and
up of
33.5%
$181,050
46.7% from
$228,786
April
2016 from
and up
29.7% last
from
month.
The last
Average
Sales April
Price 2017
in April
up level 550
$258,800
month.
ASP was
was $335,556,
at the highest
500
46.7%
from $228,786
April and
of 2016
compared
to April of in 2016
2015. and up 29.7% from
450
400
350
300
250
200
150
100
Inventory & MSI
14
600
550
500
450
400
350
300
250
200
150
100
Median Sales Price and Average Sales Price
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
0
15
16
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
450
was Total
251, Inventory
up 2.9% from
244 last available
month and
from
The
of Properties
for down
sale as 15.5%
of April
297 251,
in April
of last
year.
April
2017 and
Inventory
was at from
its lowest 450 400
was
up 2.9%
from
244 last
month
down 15.5%
400 350
297
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 7.8 a 150 100
100
higher
MSI
is better
for buyers.
April 2017
of 7.8
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
2015.
25
15
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
0
5
5
10
$258,800 last month. April 2017 ASP was at the highest level
compared to April of 2016 and 2015.
Trending versus*:
Prior YTD 20%
Prior Year -1%
21% YTD
$197,750
3 0%
$319,452
30%
24%
40
April Property sales were 32, down 5.9% from 34 in April of
2016 and 6.7% higher than the 30 sales last month. April 2017
Property
sales were Sales
at a mid level compared to April of 2016 and 2015. 40
April
sales
32, running
down 5.9%
from ahead
34 in April
April Property
YTD sales
of were
104 are
40.5%
of last of year's
35
2016
and 6.7% sales
higher
year-to-date
of than
74. the 30 sales last month. April 2017
sales were at a mid level compared to April of 2016 and 2015.
April YTD sales of 104 are running 40.5% ahead of last year's
year-to-date sales of 74.
Trending versus*:
Prior YTD Prior Year
YTD
31%
$161
55%
22%
-39%
9.7 -47%
-25%
Number
of 87.0%
Properties
.4%
3% Sold 0%
County: Kent
Agent Name
Market Action Report
April 2017
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
© | Coldwell
Price
| Property
SFH - Con
26
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
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.
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0