MA ARCHIVED April 2017 | Page 38

Market Action Report
Wicomico
County: Wicomico
Market Action Report
County: Wicomico
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
$164,400
-0%
3%
Other
$201,984 Trending
5% versus*: 7%
Month
LM 20%
L3M 5%
PYM -12%
LY
$145,000
$164,400
-0% 12% 6%
3% -4%
$156,779
$201,984 404
5% -3%
7% -30%
$145,000 113
20% -7%
5% -12% 45%
-3%
$156,779 12%
6%
-4%
2%
91 3% 0% -22%
404 -3%
-30%
$103 4% 4% 10%
113 -7%
45%
$89 9% 3% 5%
91 3% 0% -22% -8%
3.6 5% -18% -52%
$103 4% 4% 10% 13%
92.1% 2.4% 1.0% 2.4%
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
$137,500
-3%
2%
$148,595
-2% 31% -8%
380
5% -19% -3%
91
$99
10%
380
31%
$86
9%
91 -19%
-8%
4.8 -40%
$99
10%
9%
91.2%
1%
13%
6%
-43%
.0%
-8%
-3%
5%
$137,500
$148,595
-8%
-8%
9%
2%
-22%
-1%
$89 9% 3% 5% 6%
$86
9%
2%
3.6 5% -18% -52% -43%
4.8 -40%
-22%
of 91.2%
Properties
92.1% 2.4% 1.0% 2.4% Number
.0%
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
140
April Property sales were 113, up 44.9% from 78 in April of 2016
and 7.4% lower than the 122 sales last month. April 2017 sales
120
Property
Sales
were at their
highest level compared to April of 2016 and 2015. 140
April
sales
113, running
up 44.9% 31.5%
from ahead
78 in April
of 2016
100
April Property
YTD sales
of were
380 are
of last
year's
and
7.4% lower sales
than of
the 289.
122 sales last month. April 2017 sales
120
year-to-date
80
were at their highest level compared to April of 2016 and 2015.
$140,598 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
170
160
150
140
130
120
110
100
Inventory & MSI
14
200
190
180
170
160
150
140
130
120
110
100
400
111
53
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)
12.0
500
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
700
was Total
404, Inventory
down 3.1%
from 417 last
month for
and
down
The
of Properties
available
sale
as of 29.7%
April from
575 404,
in April
last from
year. 417
April
Inventory
was
at its
lowest 700 600
was
down of 3.1%
last 2017
month
and down
29.7%
from
575
in April
of last with
year. April
April of 2017
was at its lowest
level
compared
2016 Inventory
and 2015.
600 500
level compared with April of 2016 and 2015.
15
Median Sales Price and Average Sales Price
400
12.0
10.0
8.0
Prices
The Median Sales Price in April was $145,000, down 11.7% from
Prices
$164,250 in April of 2016 and up 19.9% from $120,900 last
The
Median
Sales
Price Sales
in April
was in
$145,000,
11.7% from
month.
The
Average
Price
April was down
$156,779,
down
200
$164,250
in April
of 2016
and up
from up
$120,900
last
4.0% from
$163,314
in April
of 19.9%
2016 and
11.5% from
190
month.
The last
Average
Sales
Price
in April
down
$140,598
month.
April
2017
ASP was
was $156,779,
at a mid range
180
4.0%
from $163,314
2016
and up 11.5% from
compared
to April in
of April
2016 of
and
2015.
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 a nd
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
0
20
20
40
40
60
3 Mo Avg
60
80
100
April YTD sales of 380 are running 31.5% ahead of last year's
year-to-date sales of 289.
Number of Properties Sold
300
6.0
A comparatively lower MSI is more beneficial for sellers while 300
a 200
4.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 3.6 a 200
higher
MSI
is better
for buyers.
April 2017
of 3.6
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 100 100
2.0
months
0
2015. was at its lowest level compared with April of 2016 and
0
0.0
2015.
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: | Property
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Brokerage
Price
SFH - Con
38
c o Banker
l d Residential
well
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.
10.0
8.0
6.0
4.0
2.0
0.0