MA ARCHIVED December 2017 | Page 22

Market Action Report December 2017 County: Queen Annes ANNE’S QUEEN Market Action Report Agent Name Community County: Queen Information Annes 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 LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $1,599,000 -3% -7% Trending versus*: $2,247,860 Trending 4% versus*: -15% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,500,000 0% -1% -1% $1,599,000 -3% -7% 29% 12% $1,325,000 $1,693,000 2% 47% 9% $1,480,266 -5% -5% $2,247,860 4% -15% $1,500,000 35 -19% 0% 29% -3% 12% $1,325,000 -1% -1% 5 2% 47% 67% 28 27% -5% $1,693,000 9% $1,480,266 -5% 0% 154 50% 48% 35 206 -19% -3% -16% 98% -3% 5 $303 -1% -15% 67% 46% -16% 28 $350 27% -5% 206 $313 0% 15% -16% 17% 98% 16% 154 $291 50% 8% 48% 7% $303 7.0 -1% 0% -15% -43% 46% -42% -16% -79% $350 21.7 -5% -36% -3% -36% $313 79.7% 15% .4% 17% -5.2% 16% -11.5% $291 87.8% 8% -3% 7% -3% Average List Price of all Current Listings 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 7.0 December Month's of Inventory 79.7% December 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 3 Mo Avg 3 0 1 2 2 3 Prices Number of Properties Sold 4 3 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 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 0 3 Mo Avg 5 4 1 0% -43% -42% -79% 21.7 -36% -36% .4% -5.2% -11.5% -3% Sold -3% Number of 87.8% Properties 6 December Property sales were 5, up 66.7% from 3 in December of 2016 and higher than the 0 sales last month. December 2017 Property Sales 6 sales were Property at their sales highest level compared to December of 2016 December were 5, up 66.7% from 3 in December and 2015. December YTD sales of 28 are running 27.3% ahead of 2016 and higher than the 0 sales last month. December 2017 5 of last year's year-to-date sales of 22. to December of 2016 sales were at their highest level compared Property Sales and 2015. December YTD sales of 28 are running 27.3% ahead of last year's year-to-date sales of 22. December 2017 Title Phone Agent Name Website Title Other 16 Sales Price and Average 17 Median Sales Price 15 The Median Sales Price in December was $1,500,000, up 28.8% Prices 5,000 from $1,165,000 in December of 2016 and up from last The Median Sales Price in December was $1,500,000, up $0 28.8% 5,000 4,500 month. The Average Sales Price in December was from $1,165,000 in December of 2016 and up from $0 $1,693,000, last up 46.6% $1,155,000 in December of was 2016 and up from 4,500 4,000 month. The from Average Sales Price in December $1,693,000, $0 46.6% last month. December ASP was at a and mid up range up from $1,155,000 in 2017 December of 2016 from 4,000 3,500 compared to December 2016 and $0 last month. December of 2017 ASP was 2015. at a mid range 3,500 3,000 compared to December of 2016 and 2015. 3 Mo Avg Median Sales Price and Average Sales Price 3 Mo Avg 3,000 2,500 2,500 2,000 2,000 1,500 1,500 1,000 1,000 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 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 90 80 70 60 50 40 30 20 10 0 90 80 70 60 50 40 comparatively lower MSI is more beneficial for sellers a A A comparatively lower MSI is more beneficial for sellers while while a 30 20 higher MSI MSI better buyers. December of 7.0 higher is is better for for buyers. The The December 2017 2017 MSI MSI of 7.0 10 months at at its its lowest level compared with with December of 2016 months was was lowest level compared December of 2016 0 and and 2015. 2015. Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of December was 35, down 18.6% from 43 last month and down December was 35, down 18.6% from 43 last month and down 2.8% from from December of last year. December 2.8% 36 36 in in December of last year. December 2017 2017 Inventory was lowest level compared December Inventory was at at its its lowest level compared with with December of of 2016 and and 2015. 2016 2015. 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 © Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 22 | Coldwell coldwellbankerluxury.com 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. 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0