MA ARCHIVED August 2016 | Page 16

Market Action Report Charles County: Charles August 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $350,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 3% 6% $368,320 Trending 2% versus*:7% Month LM -4% L3M -3% PYM 3% LY $284,013 $350,000 3% 6% $300,042 -0% -2% 5% $368,320 2% 7% 760 -10% -20% $284,013 -4% -3% 3% 0% 204 19% 14% $300,042 -0% -2% 5% 1% 63 -5% -3% 760 -10% -20% -3% $136 1% 2% 204 19% 14% 4% $124 -0% -1% 63 -5% -3% -3% -1% -16% $136 3.7 1% -24% 2% -9% 4% -30% 3% $12496.8% -0% .0% -1% -.0% -1% 1.6% 1% Average List Price of all Current Listings Market Trends August Profile Median & Sales PriceOverview Median List Price of all Current Listings August Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) August Median Sales Price August Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) AskingNumber Price per Foot (based on New Listings) August of Square Properties Sold AugustAverage Sold Price August Daysper on Square Market Foot (Solds) AugustPrice Month's Supply of Inventory Asking per Square Foot (based on New Listings) AugustSold SalePrice Price vsSquare List Price August per FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date August Month's Supply of Inventory August Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 250 $305,061 2% 3% 5% $289,950 3% 1,328 $305,061 5% 2% -16% 73 3% 1,328 $133 12% 1% 73 $125 -3% -39% $133 5.0 1% 2.0% $125 96.1% 3% 12% 3% -3% 1% 3% -3% -20%1% 1% 2% -3% 1% 2% -18% 1% 3 Mo Avg Number of Properties Sold 3 Mo Avg 150 100 100 13 350 340 330 320 310 300 290 280 270 260 250 204 171 204 171 235 180 139 168 103 128 156 121 167 149 179 213 180 146 126 136 135 129 134 142 148 146 143 143 100 106 Median Sales15Price and Average Sales 16 Price Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 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 13 N D J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A 13 14 15 16 Inventory & MSI 600 12.0 600 10.0 849 861 841 760 800 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 766 779 764 766 695 779 681 764 693 695 742 681 812 693 888 742 876 812 895 888 904 876 913 895 892 904 864 796 913 806 892 783 864 796 790 806 866 783951 790948 962 866 949 951 965 948 900 962 842 949 752 965 708 900 702 842 792 752 862 708 849 702 861 792 841 760 862 Inventory & MSI of Properties available for sale as of August The Total Inventory The of Properties available forand saledown as of 19.9% Augustfrom 1,200 wasTotal 760,Inventory down 9.6% from 841 last month 1,200 was down 9.6% from 841August last month and down 19.9% 949760, in August of last year. 2016 Inventory wasfrom at its 1,000 949 in August of last year. August 2016 Inventory was at its 1,000 lowest level compared with August of 2015 and 2014. lowest level compared with August of 2015 and 2014. 800 8.0 6.0 A comparatively lower MSI is more beneficial for sellers while a 400 400 4.0 200 200 2.0 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. August 2016 of 3.7 higher is is better forfor buyers. TheThe August 2016 MSIMSI of 3.7 monthswas was lowest level compared August of 2015 months atat itsits lowest level compared withwith August of 2015 and2014. 2014. and 235 180 139 168 103 128 156 121 167 149 179 213 180 146 126 136 112 90 135 129 134 142 148 146 143 143 100 106 69 122 80 111 14 69 80 122 111 112 136 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 13 14 15 16 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 Prices 310 300 290 280 270 260 250 112 0 0 The Median Sales Price in