MA ARCHIVED December 2017 | Page 24

Market Action Report
December 2017
County: Talbot
TALBOT
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
County: Talbot 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 C urrent
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,845,000 1%
9%
Trending versus*:
$2,606,310 Trending
2% versus*:
13%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,270,000
-8%
-11%
$1,845,000
1% -15% -4%
9% -12% -12% $1,287,500
$1,459,455
-14%
-14%
$2,606,310
2% -1% -1%
13% -9% -18% $1,518,799
84 -15%
$1,270,000 -15%
-4% -12% -7%
-12% $1,287,500
-8%
-11%
11 22%
82
61% -14%
$1,459,455 -1%
-1% -9% 83%
-18% $1,518,799
-14%
141 -31%
-31%
84 124
-15% -38% -7%
-7% -32% -39%
$0 -100% -100%
3%
11 22%
83% 0% -100%
82 $450
61% 3%
124 $355
-38% 18%
-7% -32%
-39% -3%
141 $350
-31% -5% -31% -5%
5% -12%
$0 -100%
-100% -16%
0% -49%
-100% -81% $450 24.8
3% -38% 3%
7.6 -31%
-38%
$355 81.0%
18% .4%
5% -5.3%
-12% -5.0%
-3% -3.1% $350 86.6%
-5%
4% -5%
4%
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 7.6 -31% -16% -49% -81%
December
Month's
of Inventory
24.8 -38%
-38%
81.0% .4% -5.3% -5.0% -3.1%
4% Sold 4%
Number of 86.6%
Properties
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
Property Sales
December Property sales were 11, up 83.3% from 6 in December
of 2016 and
22.2% higher than the 9 sales last month.
Property
Sales
14
December
2017 sales
their
highest
level
compared
to
December
Property
sales were
were at 11,
up 83.3%
from
6 in
December
December
of
2016
and
2015.
December
YTD
sales
of
82
are
of 2016 and 22.2% higher than the 9 sales last month.
12
running 60.8%
ahead
of at
last
year's
year-to-date
sales of
December
2017 sales
were
their
highest
level compared
to 51.
Prices
Number of Properties Sold
10
16 Sales Price and Average
17
Median
Sales Price
15
Median Sales Price and Average Sales Price
2
8
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
0 2
2 4 4
6 6
8 8
10
The Median Sales Price in December was $1,270,000, down
Prices
4,000
11.7%
from Sales
$1,437,500
December
2016 and down
The
Median
Price in in
December
was of $1,270,000,
down 15.3%
4,000
from from
$1,500,000
last in month.
The of Average
Sales
Price
in
11.7%
$1,437,500
December
2016 and
down
15.3%
3,500
December
was $1,459,455,
9.2% from
in
from
$1,500,000
last month. down
The Average
Sales $1,606,667
Price in
3,500
December
of
2016
and
down
1.0%
from
$1,473,889
last
month.
December was $1,459,455, down 9.2% from $1,606,667 in
3,000
December
was at 1.0%
the lowest
level compared
to
December
of 2017
2016 ASP
and down
from $1,473,889
last month.
3,000
2,500
December
of 2016
and at
2015.
December
2017
ASP was
the lowest level compared to
December of 2016 and 2015.
3 Mo Avg
12
December of 2016 and 2015. December YTD sales of 82 are
running 60.8% ahead of last year's year-to-date sales of 51.
14
3 Mo Avg
3 Mo Avg
3 Mo Avg
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
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 84, down 15.2% from 99 last month and down
December was 84, down 15.2% from 99 last month and down
6.7% from
from
December
of last
year.
December
6.7%
90 90
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.
Total Inventory & Month's Supply of Inventory (MSI)
160
140.0
120.0
160
140 140
120 120
100 100
80 80
60 60
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
higher MSI
MSI
better
buyers.
December
of 7.6 40 40
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 7.6
months
at at
its its
lowest
level
compared
with with
December
of 2016
months was
was
lowest
level
compared
December
of 2016 20 20
0
and
0
and 2015.
2015.
J F M
J 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 O
N D
J F N M
J A
F M A
J A
S O
D A J M F J M J A A M S J O J N A D S
15 15
16
17
16
17
140.0
120.0
100.0 100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
0.0 0.0
O N D
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© 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.