MA ARCHIVED August 2016 | Page 30

Market Action Report Prince George’s Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $329,900 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 10% 22% $360,329 Trending 7% versus*: 21% Month LM -2% L3M 0% PYM 7% LY $279,450 $329,900 10% 22% $279,303 -5% -2% 5% $360,329 7% 21% 1,565 -10% -34% $279,450 -2% 0% 7% 12% 690 4% 1% $279,303 -5% -2% 5% 8% 45 2% -4% -17% 1,565 -10% -34% 690$145 4% 4% 3% 1% 11% $136 -2% -1% 7% 45 2% -4% -17% -25% 2.3 -14% -6% -34% $145 4% 3% 11% 12% $13697.9% -2% -1.8% -1% -.9% 7% .1% 10% 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 900 August Property sales were 690, up 0.7% from 685 in August of 800 2015 and 4.2% higher than the 662 sales last month. August Property Sales 2016 sales were at their highest level compared to August of 900 700 August Property sales were 690, up 0.7% from 685 in August of 2015 and 2014. August YTD sales of 5,123 are running 11.8% 800 2015 and 4.2% higher than the 662 sales last month. August 600 ahead of last year-to-date sales of 4,581. 2016 sales wereyear's at their highest level compared to August of 700 500 3 Mo Avg 14 690 662 795 734 688 564 502 488 662 544 632 663 685 628 688 589 587 566 432 406 572 502 568 567 571 647 606 573 448 401 389 500 690 662 795 734 688 564 502 488 662 544 632 663 685 628 688 589 587 572 502 568 567 647 606 573 500 448 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 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 6.0 2,388 2,416 2,388 2,376 2,257 2,416 2,1582,376 2,148 2,257 2,150 2,158 2,265 2,148 2,351 2,150 2,420 2,265 2,421 2,351 2,406 2,420 2,454 2,421 2,376 2,406 2,275 2,454 2,197 2,1452,376 2,0852,275 2,197 2,075 2,145 2,198 2,085 2,262 2,075 2,336 2,353 2,198 2,370 2,262 2,361 2,336 2,286 2,353 2,1882,370 2,005 2,361 1,942 2,286 1,890 2,188 1,859 2,005 1,881 1,942 1,851 1,890 1,852 1,859 1,746 1,5651,881 Inventory & MSI of Properties available for sale as of August The Total Inventory 3,000 The Inventory of Properties available for saleand as of August wasTotal 1,565, down 10.4% from 1,746 last month down 34.0% was 1,565, down 10.4% from 1,746 lastAugust month 2016 and down 34.0%was 3,000 from 2,370 in August of last year. Inventory at 2,500 from 2,370 in August of last with year. August Augustof 2016 Inventory was at 2,500 its lowest level compared 2015 and 2014. its lowest level compared with August of 2015 and 2014. 2,000 1,000 5.0 4.0 1,851 1,852 1,746 1,565 260 250 240