Market Action Report
Charles
County: Charles
Market Action Report
County: Charles
August 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
August 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
$380,000
0%
12%
Other
$389,089 Trending
1% versus*:
10%
Month
LM -3%
L3M 0%
PYM 11%
LY
$316,500
$380,000
0% 0% 2%
12% 9%
$325,960
$389,089 671
1% -1% 10% -24%
$316,500 215
-3% 7%
0% 11% 1%
9%
$325,960 0%
2%
9%
6%
65 18% 12% 5%
671 -1%
-24%
$139 1% -1% 6%
215 7%
1%
$134 3% 0% 8%
65 18% 12% 5% -10%
3.1 -8% -2% -24%
$139 1% -1% 6% 5%
97.1% .4% .2% .5%
Average List Price of all Current Listings
Market
Trends
August Profile
Median &
Sales
Price Overview
Median
Price of
all Current
August List
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
August
Sales
Price
August Median
Number
of Properties
Sold
August Average Sales Price
August Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
August Number of Properties Sold
August Sold Price per Square Foot
August Average Days on Market (Solds)
August Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
August Sale Price vs List Price Ratio
August Sold Price per Square Foot
$134 3%
3.1 -8%
97.1% .4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / 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 (2016) / YTD = Year-to-date
Property
Sales
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 5%
Prior Year
$304,000
9%
6%
$312,601
5%
2%
2%
$304,000 1,470
5%
$312,601
2%
-10%
64
10% 5%
-12% 2%
5%
$140
7%
1,470
10%
6%
$129
3%
64 -12%
-11%
-37%
3.7 -28%
$140
7%
5%
1.4%
96.7%
1%
-11%
5%
2%
-25%
1%
0% 8% 6%
$129
3%
2%
-2% -24% -37%
3.7 -28%
-25%
Number of 96.7%
Properties
.2% .5% 1.4%
1% Sold 1%
3 Mo Avg
250
August Property sales were 215, up 0.9% from 213 in August of
2016 and 7.0% higher than the 201 sales last month. August
Property
2017 sales Sales
were at their highest level compared to August of 250 200
August
Property
were YTD
215, sales
up 0.9%
from are
213 running
in August 9.6%
of
2016 and
2015. sales
August
of 1,470
2016
and
higher year-to-date
than the 201 sales
sales last
month. August
ahead
of 7.0%
last year's
of 1,341.
200 150
2017 sales were at their highest level compared to August of
14
350
340
330
320
310
300
290
280
270
260
250
156
181
16
3 Mo Avg
17
Median Sales Price and Average Sales Price
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 14
N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A
14
15
16
17
Inventory & MSI
800
600
10.0
10.0
600
400
A comparatively lower MSI is more beneficial for sellers while a
400
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers
while
a
MSI is better
for buyers.
August
MSI
of 3.1
200
higher
MSI
is better
for buyers.
August with
2017 August
MSI of 3.1
months
was
at its lowest
level The
compared
of 2016 200
months
was
at
its
lowest
level
compared
with
August
of
2016
0
and 2015.
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of August
1,200
was Total
671, Inventory
down 1.3%
680 last
month for
and
down
The
of from
Properties
available
sale
as of 23.8%
August from
880
in August
of last
year.
2017
Inventory
was from
at its 1,200 1,000
was
671,
down 1.3%
from
680 August
last month
and
down 23.8%
880
in August
of last year.
August
2017
at its
lowest
level compared
with
August
of Inventory
2016 and was
2015.
1,000
800
lowest level compared with August of 2016 and 2015.
and 2015.
15
8.0
6.0
320
310
300
290
280
270
260
250
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
14
15
16
17
S O N D J F M A M Median
J J A S O Sales
N D J Price
F M A and
M J Average
J A S O Sales
N D J Price
F M A M J J A
Prices
The Median Sales Price in August was $316,500, up 11.4% from
Prices
$284,025 in August of 2016 and down 2.6% from $325,000 last
The
Median
Sales
Price Sales
in August
$316,500,
up $325,960,
11.4% from up
month.
The
Average
Price was
in August
was
350
$284,025
in August
of 2016
and down
2.6%
from
$325,000
8.6% from
$300,177
in August
of 2016
and
up 0.3%
from last
340
month.
The last
Average
Sales
Price in
August
up level
$324,946
month.
August
2017
ASP was
was $325,960,
at the highest
330
8.6%
from $300,177
in of
August
2016
and up 0.3% from
compared
to August
2016 of
and
20