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: 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*:
$461,450 7%
Median List Price of all Current Listings
3%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$854,137
Average List
Price of&
allTrends
Current Listings
4% L3M PYM
-4%
$461,450
Median
List
Price
of
all
Current
Listings
7%
3%
$278,750
$300,000
February Median Sales Price
-14%
-7%
3%
-7%
19%
0%
$854,137
Average
List
Price of
all Current
-4%
$457,347 4%
$436,654
February
Average
Sales
Price Listings
9%
-7% 30%
-7%
-18%
-11%
$278,750
$300,000
February
Median Currently
Sales Price
3%
-7%
19%
0%
390 -14%
Total Properties
for Sale (Inventory)
-2% -7% -10%
$457,347
$436,654
February
Average
Sales
Price
9%
-7%
30%
-7%
-18%
-11%
40 -11%
85
February Number of Properties Sold
54%
33%
390
Total
Properties
Currently
Sale (Inventory)
-2% -40% -10%
96 -54%
156
February
Average
Days onfor
Market
(Solds)
-29% -35%
17%
5%
40 -11%
85
February
Number
of Properties
Sold on New Listings)
33%
$238
$215
Asking Price
per Square
Foot (based
29% 22% 54%
-2% 10%
10%
-0%
96 -54%
156
February
Days
Market
(Solds)
17%
5%
$158
$161
FebruaryAverage
Sold Price
peron
Square
Foot
-3% -40%
0% -29%
3% -35%
-2%
18%
0%
$238
$215
9.8 29%
9.3
Asking
Price
per Square
Foot
(based on New Listings)
-2% -16%
10%
10%
-0%
February
Month's
Supply
of Inventory
11% 22%
-0% -41%
-34%
-20%
$158 2.0%
$161 -3.7%
94.7%
84.9%
February
Square
-3% 9.9%
0% 1.7%
3% 5.3%
-2%
18%
0%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
-5.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |9.8
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
9.3 (flat)-34%
February
Month's Supply of Inventory
11%
-0% -41% -16%
-20%
of Properties
94.7% 2.0% 9.9% Number
84.9% Sold
February Sale Price vs List Price Ratio
1.7% 5.3%
-3.7%
-5.6%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 70
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
200
Inventory & MSI
26
43
62
32
49
37
40
44
39
34
33
24
33
40
37
47
43
47
49
55
49
38
38
26
42
50
50
41
59
55
43
59
44
40
45
40
30
10
0
The Median Sales Price in February was $278,750,
up 3.0% from $270,500 in February of 2015 and
Prices
down 14.2% from $325,000 last month. The
The Median Sales Price in February was $278,750,
Average Sales Price in February was $457,347, up
up 3.0% from $270,500 in February of 2015 and
30.0% from $351,919 in February of 2015 and up
down 14.2% from $325,000 last month. The
9.3% from $418,260 last month. February 2016
Average Sales Price in February was $457,347, up
ASP was at the highest level compared to February
30.0% from $351,919 in February of 2015 and up
of 2015 and 2014.
9.3% from $418,260 last month. February 2016
ASP was at the highest level compared to February
of 2015 and 2014.
3 Mo Avg
50
30
40
20
10
Prices
Number of Properties Sold
60
70
50
60
40
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
26
43
62
32
49
37
40
44
39
34
33
24
33
40
37
47
43
47
49
55
49
38
38
26
42
50
50
41
59
55
43
59
44
40
45
40
Property Sales
February Property sales were 40, up 53.8% from 26
in FebruarySales
of 2015 and 11.1% lower than the 45
Property
sales lastProperty
month. February
sales
werefrom
at their
February
sales were2016
40, up
53.8%
26
highest
level
compared
to
February
of
2015
in February of 2015 and 11.1% lower than theand
45
2014.last
February
sales of
85 sales
are running
sales
month. YTD
February
2016
were at32.8%
their
ahead of last year's year-to-date sales of 64.
highest level compared to February of 2015 and
2014. February YTD sal W2