MA ARCHIVED February 2016 | Page 32

Queen Anne’s MARKET ACTION REPORT MARKET ACTION County: Queen Annes REPORT County: Queen Annes February 2016 February 2016 Agent Name Title Agent Phone Name Title Website Other Phone Website Trending versus*: Other Community Information Price Range: All | Properties: SFH - Condo Price Range: All | Properties: SFH - Condo Market Profile & Trends Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $382,200 2% Median List Price of all Current Listings 14% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $574,869 Average List Price of& allTrends Current Listings 3% L3M PYM 9% $382,200 Median List Price of all Current Listings 2% 14% $240,000 $295,000 February Median Sales Price -25% -14% -24% -17% 5% 2% $574,869 Average List Price of all Current 3% -30% -31% 9% -31% $247,481 -37% $325,187 February Average Sales Price Listings 1% -9% $240,000 $295,000 February Median Currently Sales Price 5% 2% 422 -25% Total Properties for Sale (Inventory) -4% -14% -24% -19% -17% $247,481 $325,187 February Average Sales Price -37% -30% -31% -31% 1% -9% 37 -16% 81 February Number of Properties Sold 6% 31% 422 Total Properties Currently Sale (Inventory) 130 -4% 126 February Average Days onfor Market (Solds) 6% -9% -19% -10% 4% -19% 1% 37 -16% 81 February Number of Properties Sold on New Listings) 6% 31% $192 $188 Asking Price per Square Foot (based 4% 7% 13% 1% 15% -2% 130 -20% 126 February Days Market (Solds) 6% -9% 4% -19% 1% $156 $175 FebruaryAverage Sold Price peron Square Foot -5% -10% -4% -5% 11% 7% $192 $188 11.4 14% 10.7 Asking Price per Square Foot (based on New Listings) 4% 23% 7% -23% 13% 11% 1% 15% -2% February Month's Supply of Inventory -37% 4% $156 -20% $175 1.4% 96.6% 95.6% February Square -5% 4.3% -4% 3.6% -5% 11% 7% FebruarySold SalePrice Priceper vs List PriceFoot Ratio -.9% 8.8% 2.6% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date11.4 | Arrows indicate if Month / YTD values are higher (up), lower (down) or10.7 unchanged (flat) February Month's Supply of Inventory 14% 23% -23% 11% -37% 4% of Properties 96.6% -.9% 8.8% Number 95.6% Sold February Sale Price vs List Price Ratio 4.3% 3.6% 1.4% 2.6%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 100 / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) Property Sales 90 Number of Properties Sold Prices The Median Sales Price in February was $240,000, down 24.5% from $317,800 in February of 2015 Prices and down 25.0% from $319,900 last month. The The Median Sales Price in February was $240,000, Average Sales Price in February was $247,481, down 24.5% from $317,800 in February of 2015 down 31.5% from $361,171 in February of 2015 and and down 25.0% from $319,900 last month. The down 36.6% from $390,531 last month. February Average Sales Price in February was $247,481, 2016 ASP was at the lowest level compared to down 31.5% from $361,171 in February of 2015 and February of 2015 and 2014. down 36.6% from $390,531 last month. February 2016 ASP was at the lowest level compared to February of 2015 and 2014. Inventory & MSI M A M J J A S O N D J F M A M J J A S O N D J F