MA ARCHIVED December 2017 | Page 18

Market Action Report
December 2017
County: Kent
KENT
Market Action Report
Agent Name
Community
County: Kent Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
Market Profile & Trends Overview
December
Sales
Price Listings
Median
List Median
Price of all
Current
December
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
December
Median Currently
Sales Price for Sale (Inventory)
December Average
Number
of Properties
Sold
December
Sales
Price
December
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
December
Number
of Properties
Sold on New Listings)
December
Days per
on Square
Market Foot
(Solds)
December Average
Sold Price
Asking
Price Month's
per Square
Foot of
(based
on New Listings)
December
Supply
Inventory
December
per
Foot Ratio
December Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 21.0
December
Month's
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
0%
48%
13.8
-3%
-3%
3.7%
13% Sold 13%
Number of 91.1%
Properties
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2
2
2
1
1
1
0
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
15
16
17
0
1
1
-1
0%
-.0%
3
December Property sales were 1, up from 0 in December of
2016 and Sales
higher than the 0 sales last month. December 2017
Property
3
sales were Property
at their sales
highest
level
December
December
were
1, up compared
from 0 in to
December
of of 2016
and
2015.
December
YTD
sales
of
6
are
running
equal
to
last
2016 and higher than the 0 sales last month. December 2017
2
year's
year-to-date
sales level
of 6. compared to December of 2016
sales
were
at their highest
0
0%
83.6%
December Sale Price vs List Price Ratio
Prices
LM
$1,795,000 -3%
25%
Trending versus*:
$1,934,667 Trending
-1% versus*:
-5%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$2,760,000
0%
91% $1,910,105
32%
32%
$1,795,000
-3%
25%
$2,760,000
0%
92% $2,109,868
47%
47%
$1,934,667
-1%
-5%
75%
$2,760,000 21 5%
0%
91% $1,910,105
32%
32%
1 0%
6
0% 47%
$2,760,000
92% $2,109,868
47%
0%
-76%
69 -83%
-83%
21 101
5%
75%
0%
0%
1 $0 0% -100% -100% -100%
6 $406
0%
101 $0
0% 0% -76% -100%
69 $364
-83% -10%
-83% -10%
$0 21.0
0% -100%
0%
0% -100%
0% -100%
0% 48% $406 13.8
-3% 0%
-3%
$0 83.6% 0% -.0% -100% 3.7% $364 91.1%
-10% 13% -10% 13%
Average List Price of all Current Listings
and 2015. December YTD sales of 6 are running equal to last
year's year-to-date sales of 6.
December 2017
Title
Phone
Agent
Name
Website
Title
Other
-1
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
15
16
17
Median Sales Price and Average Sales Price
The Median Sales Price in December was $2,760,000, up from
Prices
$0 Median
in December
of 2016
and up from
$0 last month.
The
2,800
The
Sales Price
in December
was $2,760,000,
up from
Average
Sales Price
in December
was
up from $0 2,800 2,600
$0
in December
of 2016
and up from
$0 $2,760,000,
last month. The
in December
of 2016
and up from
$0 last month.
December
Average
Sales Price
in December
was $2,760,000,
up from
$0
2,600 2,400
ASP was
at the and
highest
level
to December
December of
in 2017
December
of 2016
up from
$0 compared
last month.
2,400 2,200
2016 ASP
and was
2015.
2017
at the highest level compared to December of
2,200 2,000
2016 and 2015.
2,000 1,800
1,800 1,600
1,600 1,400
1,400 1,200
1,200 1,000
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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 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 17
A M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
15 15
5
10
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 10
higher MSI
MSI
better
buyers.
December
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of of
21.0
was
at at
its its
highest
level
compared
with with
December
of of 5
21.0 months
months
was
highest
level
compared
December
0
2016
2015.
2016 and
and
2015.
0
25.0 25.0
20.0 20.0
15.0
15.0
20
25
20
30.0
30.0
30
35
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 21, up 5.0% from 20 last month and up 75.0% 35
December was 21, up 5.0% from 20 last month and up 75.0%
from 12 12 in in
December
year.
December
Inventory
from
December
of of
last last
year.
December
2017 2017
Inventory
was was
30
highest
level
compared
with
December
of 2016
2015.
at at its its highest
level
compared
with
December
of 2016
and and
2015.
25 10.0 10.0
5.0 5.0
0.0 0.0
J F M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A
N D
J N
F M
J F A M A J M
S O
D A J M F J M J A A M S J O J N A D S O N D
15 15
16
17
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
18
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.