Market Action Report
County: Queen Annes
August 2017
Queen Anne’s
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for August was 84, down 7.7% from 91
days last month and up 6.3% from 79 days in August of last year.
The August 2017 DOM was at a mid level compared with August
of 2016 and 2015.
3 Mo Avg
200
180
160
140
120
106
100
84
79
80
60
40
20
0
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
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The August 2017 Selling Price per Square Foot of $184 was down
1.5% from $187 last month and up 16.2% from 159 in August of
last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
184
173
159
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The August 2017 Selling Price vs Original
List Price of 93.2% was down from 94.0% last month and up
from 92.8% in August of last year.
3 Mo Avg
Avg Selling Price divided by Avg