Market Action Report
Charles
County: Charles
Market Action Report
County: Charles
December 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
December 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
$370,900
-1%
6%
Other
$387,398 Trending
1% versus*: 9%
Month
LM 3%
L3M 2%
PYM 14%
LY
$324,900
$370,900
-1% 1% -1%
6% 9%
$330,525
$387,398 586
1% -14% 9% -14%
$324,900 165
3% -6%
2% 14% -10%
12%
$330,525 1%
-1%
9%
8%
70 30% 17% -20%
586 -14%
-14%
$138 5% 3% 7%
165 -6%
-10%
$130 0% -2% 6%
70 30% 17% -20% -3%
3.6 -9% -8% -5%
$138 5% 3% 7% 4%
96.2% -1.1% -1.0% .8%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December Average Sales Price
December Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
Trending versus*:
Prior YTD 7%
Prior Year 7%
12% YTD
$310,000
8%
$319,306
4%
4%
$310,000 2,149
7%
$319,306
4%
-3%
63
6% 7%
-13% 4%
4%
$138
4%
2,149
6%
3%
$130
3%
63 -13%
-13%
-29%
3.9 -22%
$138
4%
4%
.5%
96.9%
1%
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
-13%
4%
3%
-22%
1%
$130 0% -2% 6% 3%
$130
3%
3%
3.6 -9% -8% -5% -29%
3.9 -22%
-22%
of 96.9%
Properties
96.2% -1.1% -1.0% .8% Number
.5%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
250
December Property sales were 165, down 9.8% from 183 in
December of 2016 and 5.7% lower than the 175 sales last month.
Property
December Sales
2017 sales were at a mid level compared to December
250 200
December
Property
were 165,
down
9.8%
from are
183 running
in
of 2016 and
2015. sales
December
YTD
sales
of 2,149
December
of 2016
and
5.7% year-to-date
lower than the
175 of
sales
last month.
5.8% ahead
of last
year's
sales
2,031.
December 2017 sales were at a mid level compared to December 200 150
139
191
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
Inventory & MSI
600
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
10.0
800
600
400
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 3.6 400
MSI is better
for buyers.
December
2017 while
MSI of
200
higher
MSI
is better
for buyers.
December
MSI of 3.6
months
was
at its lowest
level The
compared
with 2017
December
of 2016 200
months
was
at
its
lowest
level
compared
with
December
of
2016
0
and 2015.
and 2015.
17
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
December
was 586,
14.2%
from 683
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
14.3% from
December
last 683
year.
December
was 684
586, in down
14.2% of
from
last December
month and 2017
down 1,200 1,000
14.3%
from 684
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 1,000
800
Inventory
at its lowest level compared with December of
2016 and was
2015.
2016 and 2015.
16
Median Sales Price and Average Sales Price
8.0
320
310
300
290
280
270
260
250
15
350
340
330
320
310
300
290
280
270
260
250
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 Price
J J A S O N D
Median Sales Price and Average Sales
3 Mo Avg
Prices
The Median Sales Price in December was $32