Talbot
MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Talbot
County: Talbot
February 2016
February 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,800,000 -2%
Median List Price of all Current Listings
-10%
LM L3M PYM
LY
Market
Profile
Overview
Month -0%
YTD Prior YTD Prior Year
$2,285,758
Average List
Price of&
allTrends
Current Listings
-11%
$1,800,000
Median
List
Price
of
all
Current
Listings
-2%
-10%
$1,282,500
$1,282,500
February Median Sales Price
-37% -10%
8% -12%
1%
-12%
$2,285,758
Average
List
Price of
all Current
-0% -24% -11%
$1,684,284 -17%
February
Average
Sales
Price Listings
42% -19% $1,781,631
-41%
-14%
$1,282,500
February
Median Currently
Sales Price
8% -12% $1,282,500
1%
-12%
91 -37%
Total Properties
for Sale (Inventory)
3% -10%
-6%
$1,684,284
$1,781,631
February
Average
Sales
Price
-17%
-24%
42%
-19%
-41%
-14%
5 150%
7
February Number of Properties Sold
150%
17%
91
Total
Properties
Currently
Sale (Inventory)
3% -61% -55%
-6% -52%
110 -82%
257 101%
February
Average
Days onfor
Market
(Solds)
12%
5 150%
February
Number
of Properties
Sold on New Listings)
17%
$480
$3997
Asking Price
per Square
Foot (based
73% 12% 150%
12% 10%
-7%
-8%
110 -82%
257 101%
February
Days
Market
(Solds)
-52%
12%
$337
$266
FebruaryAverage
Sold Price
peron
Square
Foot
72% -61%
27% -55% -15%
-33%
$480
$399
18.2 -59%
31.1
Asking
Price
per Square
Foot
(based on New Listings)
73% -42%
12% -62%
12% -54%
10%
-7%
-8%
February
Month's
Supply
of Inventory
-11%
-22%
$337 72%
$266 -15.1%
83.0%
70.9%
February
Square
27% #### -2.4%
-15%
-33%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.5% 7.6%
-16.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date18.2
| Arrows indicate if Month / YTD values are higher (up), lower (down) or31.1
unchanged (flat)
February
Month's Supply of Inventory
-59% -42% -62% -54%
-11%
-22%
of Properties
83.0% .5% 7.6% Number
70.9% Sold
February Sale Price vs List Price Ratio
#### -2.4%
-15.1%
-16.6%
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 14
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
40
Inventory & MSI
4
2
13
3
5
6
4
2
8
9
2
3
1
2
3
3
6
6
6
8
4
3
4
2
1
3
9
3
2
9
6
8
5
3
2
5
62
0
The Median Sales Price in February was
$1,282,500, up 8.5% from $1,182,500 in February
Prices
of 2015 and down 36.7% from $2,025,000 last
The Median Sales Price in February was
month. The Average Sales Price in February was
$1,282,500, up 8.5% from $1,182,500 in February
$1,684,284, up 42.4% from $1,182,500 in February
of 2015 and down 36.7% from $2,025,000 last
of 2015 and down 16.8% from $2,025,000 last
month. The Average Sales Price in February was
month. February 2016 ASP was at the highest level
$1,684,284, up 42.4% from $1,182,500 in February
compared to February of 2015 and 2014.
of 2015 and down 16.8% from $2,025,000 last
month. February 2016 ASP was at the highest level
compared to February of 2015 and 2014.
3 Mo Avg
106
84
2
Prices
Number of Properties Sold
12
14
10
128
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
13
14
15
16
4
2
13
3
5
6
4
2
8
9
2
3
1
2
3
3
6
6
6
8
4
3
4
2
1
3
9
3
2
9
6
8
5
3
2
5
Property Sales
February Property sales were 5, up 150.0% from 2
in FebruarySales
of 2015 and 150.0% higher than the 2
Property
sales lastProperty
month. February
werefrom
at their
February
sales were2016
5, upsales
150.0%
2
highest
level
compared
to
February
of
2015
in February of 2015 and 150.0% higher than and
the 2
2014.last
February
sales of
7 are
running
16.7%
sales
month. YTD
February
2016
sales
were at
their
ahead of last year's year-to-date sales of 6.
highest level compared to February of 2015 and
2014. February YTD sales of 7 are running 16.7%
ahead of last year's year-to-date sales of 6.
M A M J J Median
A S O N D
J F M
A M and
J J AAverage
S O N D Sales
J F M Price
A M J J A S O N D J F
Sales
Price
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
(000's)
13
4,000
3,500
(000's)
4,000
3,000
3,500
2,500
Median Sales Price and Average Sales Price
Median means Middle (the sam R2